Teekay Tankers Ltd (TNK) — Defensive Interval Ratio
Teekay Tankers Ltd (TNK) has a Defensive Interval Ratio of 2738 days as of September 2025. Defensive assets of $865.32 Million (cash $764.67 Million, short-term investments $32.30 Million, receivables $68.34 Million) cover 2738 days of daily cash needs of $316.01K/day. Check TNK goodwill-adjusted equity ratio to evaluate the tangible quality of the company's equity base.
Defensive Interval Ratio
Defensive Assets
Daily Cash Need
Current Liabilities
Teekay Tankers Ltd Defensive Interval Ratio (2005–2024)
This chart shows how Teekay Tankers Ltd's Defensive Interval Ratio has evolved across 20 annual periods from 2005 to 2024. As of September 2025, the ratio stands at 2738 days, meaning defensive assets of $865.32 Million can fund 2738 days of operations without new revenue. Also explore TNK year-over-year net asset growth to track the company's year-over-year net asset growth rate.
Annual Defensive Interval Ratio for Teekay Tankers Ltd (2005–2024)
The table below presents the year-by-year Defensive Interval Ratio for Teekay Tankers Ltd from 2005 to 2024, covering 20 annual filings. Each row shows defensive assets, daily cash need, the DIR in days, and the change in days compared to the prior year. For live market cap and the full company financial profile, see Teekay Tankers Ltd (TNK) market capitalisation.
| Year | DIR (days) | Defensive Assets (USD) | Daily Cash Need | Cash | ST Investments | Change (days) |
|---|---|---|---|---|---|---|
| 2024 | 1879 days | $679.61 Million | $361.76K/day | $511.89 Million | $22.44 Million | ▲ +606 days |
| 2023 | 1273 days | $586.04 Million | $460.35K/day | $391.46 Million | $0.00 | ▲ +448 days |
| 2022 | 825 days | $384.71 Million | $466.23K/day | $180.51 Million | $2.09 Million | ▲ +499 days |
| 2021 | 326 days | $140.38 Million | $430.38K/day | $50.57 Million | $- | ▲ +20 days |
| 2020 | 306 days | $165.31 Million | $540.05K/day | $97.23 Million | $- | ▼ -65 days |
| 2019 | 371 days | $292.85 Million | $789.82K/day | $88.82 Million | $807.00K | ▲ +21 days |
| 2018 | 350 days | $189.76 Million | $541.81K/day | $54.92 Million | $3.33 Million | ▲ +109 days |
| 2017 | 241 days | $156.40 Million | $648.53K/day | $71.44 Million | $1.02 Million | ▲ +5 days |
| 2016 | 236 days | $153.42 Million | $649.10K/day | $94.16 Million | $875.00K | ▲ +29 days |
| 2015 | 208 days | $159.08 Million | $765.43K/day | $- | $870.00K | ▼ -170 days |
| 2014 | 378 days | $82.53 Million | $218.41K/day | $- | $600.00K | ▼ -553 days |
| 2013 | 931 days | $179.06 Million | $192.31K/day | $- | $136.06 Million | ▼ 0 days |
| 2012 | 932 days | $157.80 Million | $169.40K/day | $- | $117.82 Million | ▲ +473 days |
| 2011 | 459 days | $184.47 Million | $402.29K/day | $- | $9.83 Million | ▲ +66 days |
| 2010 | 392 days | $20.08 Million | $51.20K/day | $- | $- | ▲ +211 days |
| 2009 | 181 days | $10.74 Million | $59.30K/day | $- | $- | ▼ -118 days |
| 2008 | 299 days | $18.36 Million | $61.36K/day | $- | $- | ▼ -5935 days |
| 2007 | 6234 days | $140.31 Million | $22.51K/day | $- | $- | ▲ +6162 days |
| 2006 | 72 days | $10.64 Million | $147.81K/day | $- | $- | ▼ -36 days |
| 2005 | 108 days | $15.82 Million | $146.08K/day | $- | $- | — |