Teekay Tankers Ltd. (TNK) Current Ratio: 7.98
Is Teekay Tankers Ltd.’s current ratio high or low?
Teekay Tankers Ltd.'s current ratio of 7.98 is 107% above its 5-year average of 3.85, near the high end of its 5-year range (1.24–7.98).
As of Saturday, June 13, 2026. 17.01% above its 12-month average of 6.82.
TNK Current Ratio Chart
TNK Average Current Ratio Chart
TNK Current vs Average Current Ratio Chart
TNK Current Ratio Metrics
CURRENT RATIO
7.98
CURRENT RATIO AVG TTM
6.82
CURRENT RATIO AVG 3Y
5.08
CURRENT RATIO AVG 5Y
3.85
CURRENT RATIO AVG 10Y
2.58
CURRENT RATIO AVG 15Y
2.42
CURRENT RATIO AVG 20Y
2.27
CURRENT VS TTM AVG
+17.01%
CURRENT VS 3Y AVG
+57.16%
CURRENT VS 5Y AVG
+107.18%
CURRENT VS 10Y AVG
+209.08%
CURRENT VS 15Y AVG
+229.50%
CURRENT VS 20Y AVG
+251.91%
TNK Competitors' Current Ratio
| NAME | MARKET CAP | CURRENT RATIO | TTM | 3Y | 5Y |
|---|---|---|---|---|---|
| Teekay Tankers Ltd. (TNK) | $2.61B | 7.98 | 6.82 | 5.08 | 3.85 |
| Werner Enterprises, Inc. (WERN) | $2.64B | 1.94 | 1.73 | 1.96 | 1.98 |
| Trinity Industries, Inc. (TRN) | $2.76B | 2.12 | 1.49 | 1.39 | 1.55 |
| Enerpac Tool Group Corp. (EPAC) | $1.85B | 2.74 | 2.81 | 2.57 | 2.69 |
| Ameresco, Inc. (AMRC) | $1.49B | 1.51 | 1.48 | 1.36 | 1.35 |
| T1 Energy Inc (TE) | $1.48B | 1.43 | 1.42 | 4.61 | 7.08 |
| Kforce Inc. (KFRC) | $891.60M | 1.78 | 1.89 | 2.06 | 2.28 |
| Ampco-Pittsburgh Corporation (AP) | $240.46M | 1.84 | 1.86 | 1.93 | 1.84 |
| Primoris Services Corporation (PRIM) | $5.35B | 1.26 | 1.27 | 1.36 | 1.41 |
| Matson, Inc. (MATX) | $6.11B | 0.89 | 0.99 | 1.09 | 1.02 |
Liquidity Analysis
Current Ratio
7.98
Quick Ratio
7.76
Teekay Tankers Ltd. Current Ratio Formula & Definition
Current Ratio = Current Assets / Current Liabilities
The current ratio measures short-term liquidity — a company's ability to cover current liabilities with current assets. Above 1.0 indicates positive working capital.
Expanded definitions: Investopedia, Wikipedia, Corporate Finance Institute
Teekay Tankers Ltd. Current Ratio FAQ
- What is the current ratio for Teekay Tankers Ltd. (TNK)?
- The current ratio for TNK stock is 7.98.
- Is Teekay Tankers Ltd.'s current ratio high or low?
- Teekay Tankers Ltd.'s current ratio of 7.98 is 107% above its 5-year average of 3.85, near the high end of its 5-year range (1.24–7.98).
- What is the TTM average current ratio for Teekay Tankers Ltd. (TNK)?
- The TTM average current ratio for TNK stock is 6.82.
- What is the 3Y average current ratio for Teekay Tankers Ltd. (TNK)?
- The 3Y average current ratio for TNK stock is 5.08.
- What is the 5Y average current ratio for Teekay Tankers Ltd. (TNK)?
- The 5Y average current ratio for TNK stock is 3.85.
- What is the 10Y average current ratio for Teekay Tankers Ltd. (TNK)?
- The 10Y average current ratio for TNK stock is 2.58.
- What is the 15Y average current ratio for Teekay Tankers Ltd. (TNK)?
- The 15Y average current ratio for TNK stock is 2.42.
- What is the 20Y average current ratio for Teekay Tankers Ltd. (TNK)?
- The 20Y average current ratio for TNK stock is 2.27.
Teekay Tankers Ltd. Current Ratio History
| DATE | CURRENT RATIO |
|---|---|
| 2025-12-31 | 7.98 |
| 2024-12-31 | 5.66 |
| 2023-12-31 | 3.97 |
| 2022-12-31 | 2.70 |
| 2021-12-31 | 1.56 |
| 2020-12-31 | 1.24 |
| 2019-12-31 | 1.49 |
| 2018-12-31 | 1.14 |
| 2017-12-31 | 0.75 |
| 2016-12-31 | 0.91 |
| 2015-12-31 | 1.00 |
| 2014-12-31 | 3.18 |
| 2013-12-31 | 3.06 |
| 2012-12-31 | 1.38 |
| 2011-12-31 | 1.36 |
| 2010-12-31 | 1.37 |
| 2009-12-31 | 1.09 |
| 2008-12-31 | 2.18 |
| 2007-12-31 | 4.99 |
| 2006-12-31 | 0.26 |
| 2005-12-31 | 0.35 |
Related Metrics
About Teekay Tankers Ltd.
Teekay Tankers Ltd. specializes in providing essential marine transportation solutions to the global oil industry, with its operations spanning Bermuda and international waters. The company's service offerings encompass both voyage and time charter arrangements, alongside specialized offshore ship-to-ship transfer operations for a diverse range of commodities. These primarily include crude oil and refined petroleum products, but also extend to liquid gases and various other specialized cargo. Beyond shipping, Teekay Tankers Ltd. further extends its expertise to include comprehensive commercial and technical management services for tankers. As of December 31, 2021, the company operated a substantial fleet, comprising 48 owned and leased double-hull oil tankers. This is supplemented by two Aframax tankers and a single LR2 tanker, all acquired via time charter agreements. Established in 2007, Teekay Tankers Ltd. maintains its corporate headquarters in Hamilton, Canada.
- Sector
- Industrials
- Industry
- Marine Shipping
- CEO
- Kenneth Hvid