Teekay Tankers Ltd (TNK) — Net Asset Quality Index
Teekay Tankers Ltd (TNK) has a Net Asset Quality Index of 91.4% as of September 2025. This metric measures the proportion of total assets financed by shareholders' equity — total assets of $2.11 Billion minus total liabilities of $181.93 Million yields net assets of $1.93 Billion. A higher index indicates a stronger, lower-leverage balance sheet. See how many days can Teekay Tankers Ltd fund operations to measure how many days the company can operate on defensive assets alone.
Quality Index
Net Assets
Total Assets
Total Liabilities
Teekay Tankers Ltd Net Asset Quality Index Over Time (2005–2024)
This chart shows how Teekay Tankers Ltd's Net Asset Quality Index has evolved across 20 annual periods from 2005 to 2024. As of September 2025, the index stands at 91.4%, representing net assets of $1.93 Billion against total assets of $2.11 Billion USD. Explore TNK operating cash flow to assess how effectively this company generates cash.
Annual Net Asset Quality Index for Teekay Tankers Ltd (2005–2024)
The table below presents the year-by-year Net Asset Quality Index for Teekay Tankers Ltd from 2005 to 2024, covering 20 annual filings. Each row shows total assets, total liabilities, net assets, the quality index percentage, and the change in percentage points compared to the prior year. For market capitalisation and the full company profile, see Teekay Tankers Ltd market capitalisation.
| Year | Quality Index | Net Assets (USD) | Total Assets | Total Liabilities | Change (pp) |
|---|---|---|---|---|---|
| 2024 | 89.0% | $1.76 Billion | $1.97 Billion | $217.42 Million | ▲ +9.1 pp |
| 2023 | 79.8% | $1.55 Billion | $1.94 Billion | $391.51 Million | ▲ +19.8 pp |
| 2022 | 60.0% | $1.07 Billion | $1.78 Billion | $713.65 Million | ▲ +8.2 pp |
| 2021 | 51.8% | $838.41 Million | $1.62 Billion | $780.34 Million | ▼ -6.8 pp |
| 2020 | 58.6% | $1.08 Billion | $1.84 Billion | $761.34 Million | ▲ +14.4 pp |
| 2019 | 44.2% | $989.92 Million | $2.24 Billion | $1.25 Billion | ▲ +0.4 pp |
| 2018 | 43.8% | $946.93 Million | $2.16 Billion | $1.21 Billion | ▼ -2.0 pp |
| 2017 | 45.8% | $1.01 Billion | $2.20 Billion | $1.19 Billion | ▼ -1.8 pp |
| 2016 | 47.6% | $920.62 Million | $1.93 Billion | $1.01 Billion | ▲ +7.2 pp |
| 2015 | 40.4% | $877.46 Million | $2.17 Billion | $1.29 Billion | ▲ +1.3 pp |
| 2014 | 39.1% | $455.72 Million | $1.17 Billion | $709.64 Million | ▲ +13.2 pp |
| 2013 | 25.9% | $284.67 Million | $1.10 Billion | $812.86 Million | ▼ -1.4 pp |
| 2012 | 27.3% | $302.18 Million | $1.11 Billion | $803.47 Million | ▼ -7.9 pp |
| 2011 | 35.2% | $578.16 Million | $1.64 Billion | $1.06 Billion | ▼ -12.0 pp |
| 2010 | 47.3% | $442.69 Million | $936.52 Million | $493.83 Million | ▲ +9.1 pp |
| 2009 | 38.2% | $206.27 Million | $539.96 Million | $333.69 Million | ▲ +13.3 pp |
| 2008 | 24.9% | $122.31 Million | $490.81 Million | $368.50 Million | ▼ -23.0 pp |
| 2007 | 47.9% | $148.79 Million | $310.32 Million | $161.53 Million | ▼ -22.2 pp |
| 2006 | 70.2% | $209.57 Million | $298.62 Million | $89.05 Million | ▲ +56.8 pp |
| 2005 | 13.4% | $42.45 Million | $317.41 Million | $274.97 Million | — |