Teekay Corporation
Teekay Corporation Ltd. provides crude oil marine transportation and other marine services worldwide. The company operates in two segments, Tankers and Marine Services. It owns and operates crude oil and refined product tankers. The company also offers ship-to-ship support services; tanker commercial management operation services; and operational and maintenance marine services. As of March 1, 20… Read more
Teekay Corporation (TK) - Total Assets
Latest total assets as of June 2025: $2.25 Billion USD
Based on the latest financial reports, Teekay Corporation (TK) holds total assets worth $2.25 Billion USD as of June 2025.
Total assets represent everything the company owns and controls, combining both current assets—like cash and cash equivalents, accounts receivable, and inventories—and non-current assets such as property, plant, equipment (PP&E), intangible assets, and long-term investments.
Teekay Corporation - Total Assets Trend (1994–2024)
This chart illustrates how Teekay Corporation’s total assets have evolved over time, based on quarterly financial data. Explore and compare other companies by total assets.
Teekay Corporation - Asset Composition Analysis
Current Asset Composition (December 2024)
Teekay Corporation's total assets of $2.25 Billion consist of 43.1% current assets and 56.9% non-current assets.
| Asset Category | Amount (USD) | % of Total Assets |
|---|---|---|
| Cash & Equivalents | $685.33 Million | 31.8% |
| Accounts Receivable | $140.92 Million | 6.6% |
| Inventory | $45.99 Million | 2.1% |
| Property, Plant & Equipment | $1.18 Billion | 55.0% |
| Intangible Assets | $307.00K | 0.0% |
| Goodwill | $24.00 Million | 1.1% |
Asset Composition Trend (1994–2024)
This chart illustrates how Teekay Corporation's asset composition has evolved over time. Understanding changes in asset allocation can provide insights into the company's strategic shifts, capital allocation priorities, and business focus evolution.
Key Asset Composition Facts
- Current vs. Non-Current Assets: Teekay Corporation's current assets represent 43.1% of total assets in 2024, an increase from 11.0% in 1994.
- Cash Position: Cash and equivalents constituted 31.8% of total assets in 2024, up from 1.3% in 1994.
- Tangible vs. Intangible: Intangible assets (including goodwill) make up 1.0% of total assets, an increase from 0.0% in 1994.
- Asset Diversification: The largest asset category is property, plant & equipment at 55.0% of total assets.
Teekay Corporation Competitors by Total Assets
Key competitors of Teekay Corporation based on total assets are shown below.
| Company | Country | Total Assets |
|---|---|---|
|
Senton Energy Co. Ltd. A
SHE:001331
|
China | CN¥1.68 Billion |
|
Shaanxi Provincial Natural Gas Co Ltd
SHE:002267
|
China | CN¥13.96 Billion |
|
Zhuhai Winbase International Chemical Tank Terminal Co Ltd
SHE:002492
|
China | CN¥2.32 Billion |
|
HENGYANG PETROCHEM (5HY.SG)
STU:5HY
|
Germany | €535.36 Million |
|
Shanxi Guoxin Energy Co Ltd A
SHG:600617
|
China | CN¥25.35 Billion |
|
Nanjing Tanker Corp
SHG:601975
|
China | CN¥13.19 Billion |
|
China Merchants Energy Shipping Co Ltd
SHG:601872
|
China | CN¥77.88 Billion |
|
Anhui Province Natural Gas Development Co Ltd
SHG:603689
|
China | CN¥7.57 Billion |
Teekay Corporation - Asset Efficiency Metrics
Asset efficiency metrics measure how effectively a company uses its assets to generate revenue and profits. These indicators help investors evaluate management's ability to deploy capital efficiently.
Asset Turnover Ratio
Measures how efficiently a company uses its assets to generate sales
Moderate asset utilization - Teekay Corporation generates 0.57x its asset value in annual revenue.
Return on Assets (ROA)
Measures how efficiently a company uses its assets to generate profits
Solid ROA - For every $100 in assets, Teekay Corporation generates $6.21 in net profit.
Teekay Corporation - Liquidity and Working Capital Analysis
Liquidity ratios measure a company's ability to pay off its short-term debts as they come due, using the company's current or quick assets. Working capital represents the operational liquidity available.
Key Liquidity Metrics
| Metric | Current | 1 Year Ago | 5 Years Ago |
|---|---|---|---|
| Current Ratio | 5.62 | 7.01 | 0.90 |
| Quick Ratio | 5.47 | 6.67 | 0.90 |
| Cash Ratio | 3.87 | 4.65 | 0.00 |
| Working Capital | $1.02 Billion | $ 891.04 Million | $ -93.56 Million |
Teekay Corporation - Advanced Valuation Insights
This section examines the relationship between Teekay Corporation's asset base and its market valuation, helping to identify whether the company's assets are efficiently translated into market value.
Key Valuation Metrics
| Current Price-to-Book Ratio | 1.53 |
| Latest Market Cap to Assets Ratio | 0.26 |
| Asset Growth Rate (YoY) | -2.0% |
| Total Assets | $2.15 Billion |
| Market Capitalization | $550.57 Million USD |
Valuation Analysis
Below Book Valuation: The market values Teekay Corporation's assets below their book value (0.26 x), which may indicate investor concerns about asset quality or future growth.
Slight Asset Contraction: Teekay Corporation's assets decreased by 2.0% over the past year, which may reflect streamlining or optimization of resources.
Annual Total Assets for Teekay Corporation (1994–2024)
The table below shows the annual total assets of Teekay Corporation from 1994 to 2024.
| Year | Total Assets | Change |
|---|---|---|
| 2024-12-31 | $2.15 Billion | -1.98% |
| 2023-12-31 | $2.20 Billion | +1.47% |
| 2022-12-31 | $2.16 Billion | -66.86% |
| 2021-12-31 | $6.53 Billion | -5.96% |
| 2020-12-31 | $6.95 Billion | -14.03% |
| 2019-12-31 | $8.08 Billion | -3.72% |
| 2018-12-31 | $8.39 Billion | +3.70% |
| 2017-12-31 | $8.09 Billion | -36.85% |
| 2016-12-31 | $12.81 Billion | -1.89% |
| 2015-12-31 | $13.06 Billion | +10.88% |
| 2014-12-31 | $11.78 Billion | +1.94% |
| 2013-12-31 | $11.56 Billion | +5.03% |
| 2012-12-31 | $11.00 Billion | -1.22% |
| 2011-12-31 | $11.14 Billion | +12.36% |
| 2010-12-31 | $9.91 Billion | +4.15% |
| 2009-12-31 | $9.52 Billion | -6.83% |
| 2008-12-31 | $10.22 Billion | -1.95% |
| 2007-12-31 | $10.42 Billion | +35.02% |
| 2006-12-31 | $7.72 Billion | +45.76% |
| 2005-12-31 | $5.29 Billion | -3.81% |
| 2004-12-31 | $5.50 Billion | +53.39% |
| 2003-12-31 | $3.59 Billion | +31.74% |
| 2002-12-31 | $2.72 Billion | +10.36% |
| 2001-12-31 | $2.47 Billion | +25.01% |
| 2000-12-31 | $1.97 Billion | -0.43% |
| 1999-12-31 | $1.98 Billion | +36.53% |
| 1998-12-31 | $1.45 Billion | -0.55% |
| 1997-12-31 | $1.46 Billion | +6.37% |
| 1996-12-31 | $1.37 Billion | +1.29% |
| 1995-12-31 | $1.36 Billion | +3.74% |
| 1994-12-31 | $1.31 Billion | -- |