Teekay Tankers Ltd (TNK) — Cash Flow Quality Index

Latest as of September 2025: 0.81x

Teekay Tankers Ltd (TNK) has a Cash Flow Quality Index of 0.81x as of September 2025. Operating cash flow of $74.87 Million is below net income of $92.08 Million, suggesting accrual-heavy earnings not yet converted to cash. Explore how well can Teekay Tankers Ltd service its debt to assess how comfortably operating cash covers total debt obligations.

Cash Flow Quality Index

0.81x
Operating CF / Net Income

Operating Cash Flow

$74.87 Million
USD

Net Income

$92.08 Million
USD

Data as of

Sep 2025
Most recent filing

Teekay Tankers Ltd Cash Flow Quality Index (2005–2024)

Historical Cash Flow Quality Index for Teekay Tankers Ltd across 14 annual periods. Values consistently above 1.0x indicate high-quality earnings. For the full cash flow conversion analysis, see Teekay Tankers Ltd operating cash flow efficiency.

Annual Cash Flow Quality Index for Teekay Tankers Ltd (2005–2024)

Year-by-year earnings quality comparison for Teekay Tankers Ltd.

Year Quality Index Operating CF (USD) Net Income YoY Change
2024 1.17x $471.91 Million $403.67 Million ▼ -4.1%
2023 1.22x $626.07 Million $513.67 Million ▲ +44.5%
2022 0.84x $193.26 Million $229.09 Million ▼ -78.8%
2020 3.98x $347.94 Million $87.32 Million ▲ +40.1%
2019 2.84x $117.66 Million $41.36 Million ▼ -14.8%
2016 3.34x $209.98 Million $62.85 Million ▲ +259.8%
2015 0.93x $166.79 Million $179.63 Million ▲ +290.0%
2014 0.24x $13.60 Million $57.14 Million ▼ -93.4%
2010 3.58x $58.39 Million $16.31 Million ▲ +134.4%
2009 1.53x $59.46 Million $38.93 Million ▲ +2.1%
2008 1.50x $77.57 Million $51.84 Million ▲ +2.6%
2007 1.46x $61.99 Million $42.49 Million ▼ -5.8%
2006 1.55x $62.17 Million $40.15 Million ▲ +62.5%
2005 0.95x $41.83 Million $43.89 Million
Cash Flow Quality Index = Operating Cash Flow / Net Income. Ratios above 1.0x indicate cash-backed earnings.