Teekay Tankers Ltd Financial Flexibility Index
Teekay Tankers Ltd financial flexibility index. Teekay Tankers Ltd (TNK) has a Financial Flexibility Index of 1.12x as of September 2025. Free cash flow of $203.06 Million (operating CF $74.87 Million minus capex $128.19 Million) represents 1% of total liabilities ($181.93 Million). See Teekay Tankers Ltd (TNK) free cash flow to measure how efficiently the company converts operating cash flow to free cash.
Financial Flexibility Index
Free Cash Flow
Total Liabilities
Capital Expenditures
Financial Flexibility Index of Teekay Tankers Ltd (2005–2024)
Financial flexibility index of Teekay Tankers Ltd from 2005 to 2024. Historical Financial Flexibility Index trend for Teekay Tankers Ltd across 20 annual periods. Check Teekay Tankers Ltd cash flow quality index to evaluate the quality of earnings relative to operating cash generation.
Teekay Tankers Ltd Financial Flexibility Index by Year (2005–2024)
Teekay Tankers Ltd financial flexibility index by year from 2005 to 2024. Year-by-year free cash flow to debt coverage for Teekay Tankers Ltd. For the full cash flow conversion analysis, see how efficiently does Teekay Tankers Ltd generate cash.
| Year | Flexibility Index | Free Cash Flow (USD) | Operating CF | Total Liabilities | YoY Change |
|---|---|---|---|---|---|
| 2024 | 2.52x | $547.26 Million | $471.91 Million | $217.42 Million | ▲ +54.9% |
| 2023 | 1.63x | $636.27 Million | $626.07 Million | $391.51 Million | ▲ +455.7% |
| 2022 | 0.29x | $208.69 Million | $193.26 Million | $713.65 Million | ▲ +365.8% |
| 2021 | -0.11x | $-85.86 Million | $-107.31 Million | $780.34 Million | ▼ -123.0% |
| 2020 | 0.48x | $363.97 Million | $347.94 Million | $761.34 Million | ▲ +361.5% |
| 2019 | 0.10x | $129.29 Million | $117.66 Million | $1.25 Billion | ▲ +8858.3% |
| 2018 | 0.00x | $-1.44 Million | $-7.26 Million | $1.21 Billion | ▼ -101.7% |
| 2017 | 0.07x | $84.37 Million | $79.64 Million | $1.19 Billion | ▼ -67.3% |
| 2016 | 0.22x | $219.20 Million | $209.98 Million | $1.01 Billion | ▼ -72.4% |
| 2015 | 0.79x | $1.02 Billion | $166.79 Million | $1.29 Billion | ▲ +2778.7% |
| 2014 | 0.03x | $19.37 Million | $13.60 Million | $709.64 Million | ▲ +173.7% |
| 2013 | 0.01x | $8.11 Million | $6.20 Million | $812.86 Million | ▼ -73.3% |
| 2012 | 0.04x | $30.06 Million | $27.54 Million | $803.47 Million | ▲ +40.3% |
| 2011 | 0.03x | $28.36 Million | $24.02 Million | $1.06 Billion | ▼ -79.6% |
| 2010 | 0.13x | $64.64 Million | $58.39 Million | $493.83 Million | ▼ -33.5% |
| 2009 | 0.20x | $65.73 Million | $59.46 Million | $333.69 Million | ▼ -10.2% |
| 2008 | 0.22x | $80.84 Million | $77.57 Million | $368.50 Million | ▼ -43.7% |
| 2007 | 0.39x | $62.94 Million | $61.99 Million | $161.53 Million | ▼ -45.1% |
| 2006 | 0.71x | $63.19 Million | $62.17 Million | $89.05 Million | ▲ +58.4% |
| 2005 | 0.45x | $123.16 Million | $41.83 Million | $274.97 Million | — |