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 how strategically is Teekay Tankers Ltd's equity deployed to assess the company's strategic physical and investment asset allocation.
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. See working capital to net assets of Teekay Tankers Ltd to evaluate short-term liquidity relative to the company's equity base.
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 market cap overview.
| 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 | — |