Teekay Tankers Ltd (TNK) — Cash Flow-to-Debt Ratio

Latest as of September 2025: 0.41x

Teekay Tankers Ltd (TNK) has a Cash Flow-to-Debt Ratio of 0.41x as of September 2025, meaning its operating cash flow of $74.87 Million could theoretically repay 0% of its total liabilities ($181.93 Million) in one year. See Teekay Tankers Ltd (TNK) free cash flow to measure how efficiently the company converts operating cash flow to free cash.

CF-to-Debt Ratio

0.41x
Operating CF / Total Liabilities

Operating Cash Flow

$74.87 Million
USD

Total Liabilities

$181.93 Million
USD

Data as of

Sep 2025
Most recent filing

Teekay Tankers Ltd Cash Flow-to-Debt Ratio (2005–2024)

Historical debt coverage capacity for Teekay Tankers Ltd across 20 annual periods. Also explore net asset growth rate of Teekay Tankers Ltd to track the company's year-over-year net asset growth rate.

Annual Cash Flow-to-Debt Ratio for Teekay Tankers Ltd (2005–2024)

Year-by-year debt coverage analysis for Teekay Tankers Ltd. For market capitalisation and broader financial context, see Teekay Tankers Ltd market capitalisation.

Year CF-to-Debt Ratio Operating CF (USD) Total Liabilities YoY Change
2024 2.17x $471.91 Million $217.42 Million ▲ +35.7%
2023 1.60x $626.07 Million $391.51 Million ▲ +490.5%
2022 0.27x $193.26 Million $713.65 Million ▲ +296.9%
2021 -0.14x $-107.31 Million $780.34 Million ▼ -130.1%
2020 0.46x $347.94 Million $761.34 Million ▲ +384.8%
2019 0.09x $117.66 Million $1.25 Billion ▲ +1675.9%
2018 -0.01x $-7.26 Million $1.21 Billion ▼ -108.9%
2017 0.07x $79.64 Million $1.19 Billion ▼ -67.8%
2016 0.21x $209.98 Million $1.01 Billion ▲ +60.8%
2015 0.13x $166.79 Million $1.29 Billion ▲ +573.4%
2014 0.02x $13.60 Million $709.64 Million ▲ +151.2%
2013 0.01x $6.20 Million $812.86 Million ▼ -77.7%
2012 0.03x $27.54 Million $803.47 Million ▲ +51.7%
2011 0.02x $24.02 Million $1.06 Billion ▼ -80.9%
2010 0.12x $58.39 Million $493.83 Million ▼ -33.6%
2009 0.18x $59.46 Million $333.69 Million ▼ -15.3%
2008 0.21x $77.57 Million $368.50 Million ▼ -45.1%
2007 0.38x $61.99 Million $161.53 Million ▼ -45.0%
2006 0.70x $62.17 Million $89.05 Million ▲ +358.9%
2005 0.15x $41.83 Million $274.97 Million
Cash Flow-to-Debt Ratio = Operating Cash Flow / Total Liabilities. Higher is better for debt service capacity.