Teekay Tankers Ltd. (TNK) Quick Ratio (Acid-Test): 7.76
Is Teekay Tankers Ltd.’s quick ratio (acid-test) high or low?
Teekay Tankers Ltd.'s quick ratio (acid-test) of 7.76 is 118% above its 5-year average of 3.56, near the high end of its 5-year range (1.07–7.76).
As of Saturday, June 13, 2026. 18.65% above its 12-month average of 6.54.
TNK Quick Ratio (Acid-Test) Chart
TNK Average Quick Ratio (Acid-Test) Chart
TNK Current vs Average Quick Ratio (Acid-Test) Chart
TNK Quick Ratio (Acid-Test) Metrics
QUICK RATIO (ACID-TEST)
7.76
QUICK RATIO (ACID-TEST) AVG TTM
6.54
QUICK RATIO (ACID-TEST) AVG 3Y
4.77
QUICK RATIO (ACID-TEST) AVG 5Y
3.56
QUICK RATIO (ACID-TEST) AVG 10Y
2.39
QUICK RATIO (ACID-TEST) AVG 15Y
2.28
QUICK RATIO (ACID-TEST) AVG 20Y
2.14
CURRENT VS TTM AVG
+18.65%
CURRENT VS 3Y AVG
+62.77%
CURRENT VS 5Y AVG
+117.67%
CURRENT VS 10Y AVG
+224.44%
CURRENT VS 15Y AVG
+240.44%
CURRENT VS 20Y AVG
+262.37%
TNK Competitors' Quick Ratio (Acid-Test)
| NAME | MARKET CAP | QUICK RATIO (ACID-TEST) | TTM | 3Y | 5Y |
|---|---|---|---|---|---|
| Teekay Tankers Ltd. (TNK) | $2.61B | 7.76 | 6.54 | 4.77 | 3.56 |
| Werner Enterprises, Inc. (WERN) | $2.64B | 1.90 | 1.69 | 1.92 | 1.93 |
| Trinity Industries, Inc. (TRN) | $2.76B | 1.30 | 0.91 | 0.77 | 0.94 |
| Enerpac Tool Group Corp. (EPAC) | $1.85B | 2.17 | 2.24 | 2.02 | 2.13 |
| Ameresco, Inc. (AMRC) | $1.49B | 1.50 | 1.48 | 1.35 | 1.33 |
| T1 Energy Inc (TE) | $1.48B | 1.18 | 0.96 | 4.38 | 6.93 |
| Kforce Inc. (KFRC) | $891.60M | 1.78 | 1.89 | 2.06 | 2.28 |
| Ampco-Pittsburgh Corporation (AP) | $240.46M | 1.04 | 1.00 | 0.97 | 0.94 |
| Primoris Services Corporation (PRIM) | $5.35B | 1.23 | 1.25 | 1.34 | 1.40 |
| Matson, Inc. (MATX) | $6.11B | 0.89 | 0.99 | 1.09 | 1.02 |
Liquidity Comparison
Quick Ratio
7.76
Excludes inventory
Current Ratio
7.98
Includes inventory
Teekay Tankers Ltd. Quick Ratio (Acid-Test) Formula & Definition
Quick Ratio = (Current Assets − Inventory) / Current Liabilities
The quick ratio is a stricter liquidity measure that excludes inventory, showing the ability to meet short-term obligations with the most liquid assets.
Expanded definitions: Investopedia, Wikipedia, Corporate Finance Institute
Teekay Tankers Ltd. Quick Ratio (Acid-Test) FAQ
- What is the quick ratio (acid-test) for Teekay Tankers Ltd. (TNK)?
- The quick ratio (acid-test) for TNK stock is 7.76.
- Is Teekay Tankers Ltd.'s quick ratio (acid-test) high or low?
- Teekay Tankers Ltd.'s quick ratio (acid-test) of 7.76 is 118% above its 5-year average of 3.56, near the high end of its 5-year range (1.07–7.76).
- What is the TTM average quick ratio (acid-test) for Teekay Tankers Ltd. (TNK)?
- The TTM average quick ratio (acid-test) for TNK stock is 6.54.
- What is the 3Y average quick ratio (acid-test) for Teekay Tankers Ltd. (TNK)?
- The 3Y average quick ratio (acid-test) for TNK stock is 4.77.
- What is the 5Y average quick ratio (acid-test) for Teekay Tankers Ltd. (TNK)?
- The 5Y average quick ratio (acid-test) for TNK stock is 3.56.
- What is the 10Y average quick ratio (acid-test) for Teekay Tankers Ltd. (TNK)?
- The 10Y average quick ratio (acid-test) for TNK stock is 2.39.
- What is the 15Y average quick ratio (acid-test) for Teekay Tankers Ltd. (TNK)?
- The 15Y average quick ratio (acid-test) for TNK stock is 2.28.
- What is the 20Y average quick ratio (acid-test) for Teekay Tankers Ltd. (TNK)?
- The 20Y average quick ratio (acid-test) for TNK stock is 2.14.
Teekay Tankers Ltd. Quick Ratio (Acid-Test) History
| DATE | QUICK RATIO (ACID-TEST) |
|---|---|
| 2025-12-31 | 7.76 |
| 2024-12-31 | 5.32 |
| 2023-12-31 | 3.65 |
| 2022-12-31 | 2.34 |
| 2021-12-31 | 1.25 |
| 2020-12-31 | 1.07 |
| 2019-12-31 | 1.32 |
| 2018-12-31 | 0.94 |
| 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 | 1.23 |
| 2011-12-31 | 1.32 |
| 2010-12-31 | 1.37 |
| 2009-12-31 | 1.09 |
| 2008-12-31 | 2.06 |
| 2007-12-31 | 4.74 |
| 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