Teekay Tankers Ltd (TNK) — 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). Check Teekay Tankers Ltd cash flow reinvestment rate to assess the company's total reinvestment commitment from operating cash flow.
Financial Flexibility Index
Free Cash Flow
Total Liabilities
Capital Expenditures
Teekay Tankers Ltd Financial Flexibility Index (2005–2024)
Historical Financial Flexibility Index trend for Teekay Tankers Ltd across 20 annual periods. For the full cash flow conversion analysis, see how efficiently does Teekay Tankers Ltd generate cash.
Annual Financial Flexibility Index for Teekay Tankers Ltd (2005–2024)
Year-by-year free cash flow to debt coverage for Teekay Tankers Ltd. Explore Teekay Tankers Ltd (TNK) cash flow to debt to assess how comfortably operating cash covers total debt obligations.
| 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 | — |