Teekay Tankers Ltd (TNK) - Cash Flow Conversion Efficiency
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. Also see market cap of Teekay Tankers Ltd for the company's overall valuation and market capitalisation.
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.
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. Explore Teekay Tankers Ltd earnings quality ratio to measure how well operating cash flow supports reported net income.
| Company | Cash Flow Conversion Efficiency |
|---|---|
|
REN - Redes Energéticas Nacionais SGPS S.A
LS:RENE
|
-0.084x |
|
SIRIUSPOINT LTD. DL-10
F:3XPA
|
-0.011x |
|
Jizhong Energy Resources Co Ltd
SHE:000937
|
0.023x |
|
Sino-Platinum Metals Co Ltd
SHG:600459
|
-0.104x |
|
Altarea SCA
PA:ALTA
|
-0.029x |
|
Wienerberger AG
VI:WIE
|
0.081x |
|
ChipMOS Technologies
TW:8150
|
0.043x |
|
Intuitive Machines Inc.
NASDAQ:LUNR
|
-0.029x |
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. View TNK live share price for real-time trading data and today's change.
| 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 | -- |
About 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