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). Also explore Teekay Tankers Ltd net asset momentum to track the company's year-over-year net asset growth rate.
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. Check TNK PP&E to net assets ratio to assess the company's strategic physical and investment asset allocation.
Annual Financial Flexibility Index for Teekay Tankers Ltd (2005–2024)
Year-by-year free cash flow to debt coverage for Teekay Tankers Ltd. For the full company profile including market capitalisation, see TNK stock market capitalisation.
| 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 | — |