Teekay Tankers Ltd Cash Flow Conversion Efficiency
Teekay Tankers Ltd 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.
Cash Flow Conversion Efficiency of Teekay Tankers Ltd (2005–2024)
Cash flow conversion efficiency of Teekay Tankers Ltd from 2005 to 2024. This chart illustrates how Teekay Tankers Ltd's cash flow conversion efficiency has evolved over time, based on yearly financial data. View Teekay Tankers Ltd stock quote for real-time trading data and today's change.
Teekay Tankers Ltd Cash Flow Conversion Ratio Explained
Teekay Tankers Ltd cash flow conversion ratio divides operating cash flow by net assets, so a higher ratio means more cash generated from each unit of shareholder equity.
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. Also see market cap of Teekay Tankers Ltd for the company's overall valuation and market capitalisation.
| Company | Cash Flow Conversion Efficiency |
|---|---|
|
Sendas Distribuidora S.A.
SA:ASAI3
|
0.154x |
|
REN - Redes Energéticas Nacionais SGPS S.A
LS:RENE
|
-0.084x |
|
SIRIUSPOINT LTD. DL-10
F:3XPA
|
-0.011x |
|
Corporativo Fragua S.A.B. de C.V
MX:FRAGUAB
|
0.325x |
|
Jonjee Hi-tech Industrial and Commercial Holding Co Ltd
SHG:600872
|
0.045x |
|
China Leadshine Technology Co Ltd
SHE:002979
|
0.074x |
|
Beijing Jetsen Tech Co
SHE:300182
|
0.028x |
|
China Railway Hi-tech Industry Corp Ltd
SHG:600528
|
0.101x |
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. Review TNK free cash flow generation to assess how much free cash flow the company generates relative to operating cash flow.
| 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