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. See net asset quality index of Teekay Tankers Ltd to measure how much of total assets are equity-financed.
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. Check Teekay Tankers Ltd (TNK) cash earnings ratio to evaluate the quality of earnings relative to operating cash generation.
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 |
|---|---|
|
Daetwyl I
SW:DAE
|
0.226x |
|
Carborundum Universal Limited
NSE:CARBORUNIV
|
0.029x |
|
TriNet Group Inc
NYSE:TNET
|
1.795x |
|
Tangshan Sunfar Silicon Ind
SHG:603938
|
0.010x |
|
Ternium Argentina SA
BA:TXAR
|
0.001x |
|
Aoshikang Technology Co Ltd Class A
SHE:002913
|
-0.001x |
|
FADU Inc.
KQ:440110
|
-0.122x |
|
Hunan Changyuan Lico Co Ltd
SHG:688779
|
0.049x |
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. For the full company profile with market capitalisation and key ratios, see Teekay Tankers Ltd (TNK) total market value.
| 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