Teekay Tankers Ltd. (TNK) Debt to Assets Ratio: 0.02%
The debt to assets ratio for Teekay Tankers Ltd. (TNK) is 0.02% as of Saturday, June 13, 2026.
TNK Debt to Assets Ratio Metrics
DEBT TO ASSETS RATIO
0.02%
TNK Competitors' Debt to Assets Ratio
| NAME | MARKET CAP | DEBT TO ASSETS RATIO |
|---|---|---|
| Teekay Tankers Ltd. (TNK) | $2.61B | 0.02% |
| Werner Enterprises, Inc. (WERN) | $2.64B | 0.26% |
| Trinity Industries, Inc. (TRN) | $2.76B | 0.65% |
| Enerpac Tool Group Corp. (EPAC) | $1.85B | 0.28% |
| Ameresco, Inc. (AMRC) | $1.49B | 0.43% |
| T1 Energy Inc (TE) | $1.48B | 0.24% |
| Kforce Inc. (KFRC) | $891.60M | 0.19% |
| Ampco-Pittsburgh Corporation (AP) | $240.46M | 0.28% |
| Primoris Services Corporation (PRIM) | $5.35B | 0.29% |
| Matson, Inc. (MATX) | $6.11B | 0.15% |
Leverage Ratios Comparison
Debt/Assets
0.0%
Debt/Equity
0.03
Current Ratio
7.98
Interest Coverage
74.2x
Formula: Debt/Assets = Total Debt / Total Assets × 100
Debt/Assets vs Debt/Equity:
- Debt/Assets: Shows % of assets funded by creditors (bounded 0-100%)
- Debt/Equity: Shows debt relative to shareholder investment (can exceed 100%)
- Both measure leverage but from different perspectives
Industry context matters: Capital-intensive industries (utilities, real estate) typically have higher Debt/Assets ratios than tech companies.
Teekay Tankers Ltd. Debt to Assets Ratio Formula & Definition
Debt/Assets ratio shows what percentage of a company's assets are financed by debt. Compare the current value with the historical chart and peer group to understand leverage over time.
Expanded definitions: Investopedia, Wikipedia, Corporate Finance Institute
Teekay Tankers Ltd. Debt to Assets Ratio FAQ
- What is the debt to assets ratio for Teekay Tankers Ltd. (TNK)?
- The debt to assets ratio for TNK stock is 0.02%.
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