Teekay Tankers Ltd. (TNK)

TNK Balance Sheet

Assets, liabilities, and equity analysis

TNK Quarterly Balance Sheet (USD)

Quarterly Report	TTM	03/31/2026	12/31/2025	09/30/2025	06/30/2025	03/31/2025	12/31/2024	09/30/2024	06/30/2024
Total Current Assets	1.270B	1.270B	1.079B	1.013B	1.041B	943.585M	747.941M	687.158M	689.024M
Cash & Cash Equivalents	722.009M	722.009M	831.261M	765.474M	650.038M	675.420M	511.888M	462.851M	426.841M
Short-Term Investments	274.142M	274.142M	22.000M	32.303M	80.681M	20.070M	22.442M	0.00	0.00
Cash & Short-Term Investments	996.151M	996.151M	853.261M	797.777M	730.719M	695.490M	534.330M	462.851M	426.841M
Accounts Receivable	113.001M	113.001M	152.941M	68.345M	146.826M	91.591M	145.275M	126.053M	162.291M
Inventory	28.719M	28.719M	29.409M	36.139M	33.897M	38.181M	45.990M	45.440M	49.760M
Total Assets	2.391B	2.391B	2.242B	2.113B	2.060B	2.023B	1.974B	1.916B	1.881B
Property, Plant & Equipment	1.086B	1.086B	1.039B	1.076B	968.811M	1.028B	1.184B	1.206B	1.155B
Goodwill	0.00	0.00	2.426M	0.00	2.426M	2.426M	2.426M	2.426M	2.426M
Intangible Assets	10.481M	10.481M	0.00	69K	7.982M	4.201M	307K	390K	3.918M
Long-Term Investments	0.00	0.00	0.00	0.00	16.887M	16.228M	15.998M	15.382M	18.004M
Total Current Liabilities	135.150M	135.150M	135.290M	115.342M	132.355M	117.219M	132.042M	101.093M	105.598M
Accounts Payable	103.450M	103.450M	104.650M	19.124M	111.585M	26.620M	25.550M	21.217M	28.118M
Short-Term Debt	19.422M	19.422M	21.107M	0.00	0.00	0.00	0.00	0.00	0.00
Total Liabilities	200.607M	200.607M	198.058M	181.926M	212.180M	199.006M	217.418M	171.316M	184.648M
Long-Term Debt	0.00	0.00	17.054M	0.00	0.00	0.00	0.00	0.00	0.00
Total Debt	32.999M	32.999M	55.215M	43.347M	49.626M	54.023M	62.289M	54.000M	63.704M
Net Debt (Cash)	-689.010M	-689.010M	-776.046M	-722.127M	-600.412M	-621.397M	-449.599M	-408.851M	-363.137M
Total Shareholders' Equity	2.190B	2.190B	2.044B	1.931B	1.847B	1.824B	1.757B	1.745B	1.696B
Common Stock	0.00	0.00	0.00	1.314B	1.314B	1.310B	1.309B	1.309B	1.310B
Retained Earnings	0.00	0.00	0.00	617.197M	533.800M	514.461M	447.055M	435.686M	385.502M
Current Ratio	9.40	9.40	7.98	8.78	7.86	8.05	5.66	6.80	6.52
Debt to Equity Ratio	0.02	0.02	0.03	0.02	0.03	0.03	0.04	0.03	0.04

TNK Annual Balance Sheet (USD)

Annual Report	12/31/2025	12/31/2024	12/31/2023	12/31/2022	12/31/2021	12/31/2020	12/31/2019	12/31/2018
Total Current Assets	1.079B	747.941M	666.977M	459.509M	245.395M	245.408M	429.805M	225.591M
Cash & Cash Equivalents	831.261M	511.888M	391.464M	180.512M	50.572M	97.232M	88.824M	54.917M
Short-Term Investments	22.000M	22.442M	0.00	0.00	0.00	0.00	0.00	0.00
Cash & Short-Term Investments	853.261M	534.330M	391.464M	180.512M	50.572M	97.232M	88.824M	54.917M
Accounts Receivable	152.941M	145.275M	194.581M	202.116M	89.808M	68.078M	203.217M	131.520M
Inventory	29.409M	45.990M	53.219M	60.832M	49.028M	34.606M	49.790M	39.154M
Total Assets	2.242B	1.974B	1.942B	1.784B	1.619B	1.840B	2.238B	2.161B
Property, Plant & Equipment	1.039B	1.184B	1.235B	1.296B	1.351B	1.558B	1.770B	1.884B
Goodwill	2.426M	2.426M	2.426M	2.426M	2.426M	2.426M	2.426M	8.059M
Intangible Assets	0.00	307K	658K	1.051M	1.494M	1.989M	2.545M	11.625M
Long-Term Investments	0.00	15.998M	15.731M	16.198M	12.954M	28.561M	28.112M	25.766M
Total Current Liabilities	135.290M	132.042M	168.029M	170.174M	157.088M	197.119M	288.285M	197.761M
Accounts Payable	104.650M	25.550M	33.890M	42.350M	34.832M	31.059M	70.978M	11.146M
Short-Term Debt	21.107M	0.00	0.00	0.00	40.618M	20.858M	93.573M	106.236M
Total Liabilities	198.058M	217.418M	391.510M	713.648M	780.337M	761.343M	1.248B	1.214B
Long-Term Debt	17.054M	0.00	0.00	0.00	304.791M	232.103M	516.106M	629.170M
Total Debt	55.215M	62.289M	224.677M	576.203M	654.029M	617.004M	1.044B	1.111B
Net Debt (Cash)	-776.046M	-449.599M	-166.787M	395.691M	603.457M	519.772M	955.203M	1.056B
Total Shareholders' Equity	2.044B	1.757B	1.550B	1.070B	838.412M	1.079B	989.920M	946.933M
Common Stock	0.00	1.309B	1.306B	1.304B	1.301B	1.299B	1.298B	1.296B
Retained Earnings	0.00	447.055M	220.021M	-233.604M	-462.690M	-220.318M	-307.635M	-348.996M
Current Ratio	7.98	5.66	3.97	2.70	1.56	1.24	1.49	1.14
Debt to Equity Ratio	0.03	0.04	0.14	0.54	0.78	0.57	1.05	1.17

Values are displayed in USD. Negative numbers shown in red.

Values are displayed in USD. Negative numbers are shown in red.

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.

Hamilton, ON

2,330 employees

www.teekay.com/business/tankers

Industrials / Marine Shipping

Sector: Industrials
Industry: Marine Shipping
CEO: Kenneth Hvid

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