Teekay Tankers Ltd
Teekay Tankers Ltd. provides marine transportation services to oil industries in Bermuda and internationally. The company offers voyage and time charter services; offshore ship-to-ship transfer of commodities primarily crude oil and refined oil products; and tanker commercial and technical management services. It is also involved in the vessels management, procurement, and equipment rental busine… Read more
Teekay Tankers Ltd (TNK) - Cash Flow Conversion Efficiency
Latest cash flow conversion efficiency as of September 2025: 0.039x
Based on the latest financial reports, Teekay Tankers Ltd (TNK) has a cash flow conversion efficiency ratio of 0.039x as of September 2025.
Cash flow conversion efficiency measures how effectively a company's net assets (equity) generate operating cash flow. It is calculated by dividing operating cash flow ($74.87 Million) by net assets ($1.93 Billion). A higher ratio indicates that the company is more efficient at using its equity to generate cash flow from its core operations.
Teekay Tankers Ltd - Cash Flow Conversion Efficiency Trend (2005–2024)
This chart illustrates how Teekay Tankers Ltd's cash flow conversion efficiency has evolved over time, based on yearly financial data. Explore and compare other companies by cash flow conversion efficiency.
Teekay Tankers Ltd Competitors by Cash Flow Conversion Efficiency
The table below lists competitors of Teekay Tankers Ltd ranked by their cash flow conversion efficiency.
| Company | Cash Flow Conversion Efficiency |
|---|---|
|
Buckle Inc
NYSE:BKE
|
0.116x |
|
Pingdingshan Tianan Coal Mining Co Ltd
SHG:601666
|
-0.006x |
|
Interface Inc
NASDAQ:TILE
|
0.041x |
|
Alphatec Holdings Inc
NASDAQ:ATEC
|
1.220x |
|
Longshine Technology Co Ltd
SHE:300682
|
0.020x |
|
Terravest Capital Inc
TO:TVK
|
0.038x |
|
Inner Mongolia Furui Med Sci
SHE:300049
|
0.034x |
|
Athabasca Oil Corp
PINK:ATHOF
|
0.083x |
Annual Cash Flow Conversion Efficiency for Teekay Tankers Ltd (2005–2024)
The table below shows the annual cash flow conversion efficiency of Teekay Tankers Ltd from 2005 to 2024.
| Year | Net Assets | Operating Cash Flow | Cash Flow Conversion Efficiency | Change |
|---|---|---|---|---|
| 2024-12-31 | $1.76 Billion | $471.91 Million | 0.269x | -33.48% |
| 2023-12-31 | $1.55 Billion | $626.07 Million | 0.404x | +123.61% |
| 2022-12-31 | $1.07 Billion | $193.26 Million | 0.181x | +241.12% |
| 2021-12-31 | $838.41 Million | $-107.31 Million | -0.128x | -139.69% |
| 2020-12-31 | $1.08 Billion | $347.94 Million | 0.322x | +171.33% |
| 2019-12-31 | $989.92 Million | $117.66 Million | 0.119x | +1649.66% |
| 2018-12-31 | $946.93 Million | $-7.26 Million | -0.008x | -109.69% |
| 2017-12-31 | $1.01 Billion | $79.64 Million | 0.079x | -65.31% |
| 2016-12-31 | $920.62 Million | $209.98 Million | 0.228x | +19.99% |
| 2015-12-31 | $877.46 Million | $166.79 Million | 0.190x | +536.80% |
| 2014-12-31 | $455.72 Million | $13.60 Million | 0.030x | +37.01% |
| 2013-12-31 | $284.67 Million | $6.20 Million | 0.022x | -76.10% |
| 2012-12-31 | $302.18 Million | $27.54 Million | 0.091x | +119.38% |
| 2011-12-31 | $578.16 Million | $24.02 Million | 0.042x | -68.50% |
| 2010-12-31 | $442.69 Million | $58.39 Million | 0.132x | -54.25% |
| 2009-12-31 | $206.27 Million | $59.46 Million | 0.288x | -54.55% |
| 2008-12-31 | $122.31 Million | $77.57 Million | 0.634x | +52.23% |
| 2007-12-31 | $148.79 Million | $61.99 Million | 0.417x | +40.45% |
| 2006-12-31 | $209.57 Million | $62.17 Million | 0.297x | -69.90% |
| 2005-12-31 | $42.45 Million | $41.83 Million | 0.985x | -- |