Teekay Tankers Balance Sheet - Quarterly (NYSE:TNK)

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$1.17 $0.06 (5.41%) TNK stock closing price Jun 19, 2018 (Closing)

A balance sheet is one of the three key financial statements released by a publicly listed company like Teekay Tankers, and helps in stock analysis. A balance sheet can help evaluate the financial performance of a company. Ratios like return on total assets and current ratio, which also uses cash on hand can be used to measure the operating efficiency of a firm, and can be used to conduct a more accurate Teekay Tankers stock analysis. Quarterly results announcements include the release of all three financial statements, of which the balance sheet is one. Apart from analyzing Teekay Tankers revenue Teekay Tankers operating cash flow, one needs to check balance sheet items like cash, fixed assets and debt. The Teekay Tankers balance sheet for 2018 Q1 shows cash on hand of $49.21M. The company has a debt to equity ratio of 1.12.

View and download Teekay Tankers quarterly results to get the balance sheet details for the latest 40 quarters data.
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Quarterly
Annual
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Fiscal year is Jan - Dec2018 Q12017 Q42017 Q32017 Q22017 Q12016 Q42016 Q32016 Q22016 Q12015 Q4
Cash49.21M73.03M62.25M88.63M48.65M68.85M60.23M59.01M69.37M97.28M
Marketable Securities2.31M1.01M----1.55M1.34M--
Receivables85.42M83.94M64.47M73.57M82.74M96.26M91.81M154.08M127.99M158.2M
Inventory----------
Raw Materials----------
Work In Progress----------
Finished Goods----------
Notes Receivable----------
Other Current Assets24.34M18.69M22.23M16.66M23.35M49.48M33.2M36.73M21.58M24.32M
Total Current Assets
161.3M176.68M149.18M178.99M155.21M215.48M186.81M251.18M218.95M279.81M
Property Plant & Equipment----------
Accumulated Depreciation----------
Net Property Plant & Equipment
1.94B1.97B1.51B1.55B1.57B1.61B1.66B1.71B1.75B1.77B
Investment & Advances30.99M29.68M45.94M46.12M87.71M85.81M79.48M78.77M78.67M91.97M
Other Non-Current Assets----------
Deferred Charges----------
Intangibles21.81M22.66M23.32M24.1M24.9M25.71M26.55M27.4M28.52M29.61M
Deposits & Other Assets2.78M2.79M2.81M-------
Total Assets
2.16B2.2B1.74B1.8B1.84B1.93B1.96B2.06B2.07B2.17B
Notes Payable----------
Accounts Payable35.72M7.86M10.35M9.25M34.9M12.26M9.85M10.78M14.55M16.71M
Current Portion Long-Term Debt153.39M166.74M159.08M150.25M155.05M171.01M155.69M151.76M158.34M174.04M
Current Portion Capital Leases7.33M7.22M7.09M-------
Accrued Expenses31.87M34.6M29.75M26.15M-27.22M26.25M47.12M30.23M62.02M
Income Taxes Payable----------
Other Current Liabilities22.61M20.27M17.32M38.43M15.23M26.41M30.28M19.13M9.75M36.85M
Total Current Liabilities
219.07M236.71M223.62M224.09M205.19M236.92M222.09M228.79M212.89M289.65M
Mortgages----------
Deferred Taxes/Income----------
Convertible Debt----------
Long-Term Debt791.77M785.55M486.81M671.53M690.3M761.99M810.96M892.5M930.07M990.55M
Non-Current Capital Leases139.83M141.68M143.85M-------
Other Long-Term Liabilities28.6M26.79M19.22M17.82M14.33M12.88M14.05M17.1M12.99M11.8M
Total Liabilities
1.18B1.19B873.52M913.45M909.82M1.01B1.05B1.14B1.16B1.29B
Minority Interest----------
Preferred Stock----------
Common Stock Net1.3B1.29B1.14B1.14B-1.1B1.1B1.1B1.1B1.09B
Capital Surplus----------
Retained Earnings-315.6M-288.39M-281.14M-253.38M--182.68M-184.83M-170M-178.43M-217.41M
Treasury Stock----------
Other Liabilities----------
Shareholders Equity979.73M1.01B862.42M889.96M932.41M920.62M910.67M925.31M916.83M877.46M
Total Liabilities & Shareholders Equity2.16B2.2B1.74B1.8B1.84B1.93B1.96B2.06B2.07B2.17B
All figures in USD. M: Millions of USD, B: Billions of USD.
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Most investors just check the Teekay Tankers stock price, and Teekay Tankers historical stock prices before investing. While share price is an important factor, one should also look at financials and valuation metrics like the Teekay Tankers PE ratio chart. Below is a brief explanation of common balance sheet terms:

  • Assets: Anything that the Teekay Tankers company owns and is a part of its books. Assets can be of three types: fixed, current and other assets which includes intangibles, advances. Internet companies typically don't have a lot of assets as there is not much investment in say machinery, equipment etc. Teekay Tankers had total assets of $2.16B.
  • Liabilities or obligations comprise of current liabilities that include short term loans, amounts payable to suppliers, or any other outstanding payments including long term liabilities that take into account long term loans for funding large projects. The total liabilities for Teekay Tankers is $1.18B. Shareholders equity comes under liabilities as it is money the company owes the holders of TNK stock.

Teekay Tankers Balance Sheet - Key Ratios

Current ratio
0.74
Debt to equity ratio
1.12
Asset turnover ratio
0.31
Receivables turnover
6.07
Price to book ratio
0.34