Teekay Other Current Liab from 2010 to 2025

TNK Stock  USD 38.52  0.24  0.63%   
Teekay Tankers Other Current Liabilities yearly trend continues to be quite stable with very little volatility. Other Current Liabilities may rise above about 85.7 M this year. From the period between 2010 and 2025, Teekay Tankers, Other Current Liabilities regression line of its data series had standard deviation of  31,519,671 and standard deviation of  31,519,671. View All Fundamentals
 
Other Current Liabilities  
First Reported
2005-12-31
Previous Quarter
48.9 M
Current Value
81.6 M
Quarterly Volatility
21.9 M
 
Housing Crash
 
Credit Downgrade
 
Yuan Drop
 
Covid
Check Teekay Tankers financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Teekay Tankers' main balance sheet or income statement drivers, such as Depreciation And Amortization of 78.1 M, Interest Expense of 7.1 M or Selling General Administrative of 26.6 M, as well as many indicators such as Price To Sales Ratio of 1.64, Dividend Yield of 0.0712 or PTB Ratio of 1.4. Teekay financial statements analysis is a perfect complement when working with Teekay Tankers Valuation or Volatility modules.
  
Check out the analysis of Teekay Tankers Correlation against competitors.
For more information on how to buy Teekay Stock please use our How to buy in Teekay Stock guide.

Latest Teekay Tankers' Other Current Liab Growth Pattern

Below is the plot of the Other Current Liab of Teekay Tankers over the last few years. It is Teekay Tankers' Other Current Liabilities historical data analysis aims to capture in quantitative terms the overall pattern of either growth or decline in Teekay Tankers' overall financial position and show how it may be relating to other accounts over time.
Other Current Liab10 Years Trend
Pretty Stable
   Other Current Liab   
       Timeline  

Teekay Other Current Liab Regression Statistics

Arithmetic Mean42,104,366
Geometric Mean23,692,153
Coefficient Of Variation74.86
Mean Deviation25,416,366
Median45,217,000
Standard Deviation31,519,671
Sample Variance993.5T
Range112.4M
R-Value0.27
Mean Square Error988T
R-Squared0.07
Significance0.32
Slope1,774,850
Total Sum of Squares14902.3T

Teekay Other Current Liab History

202585.7 M
202481.6 M
202353 M
202251.1 M
202145.2 M
202062.8 M
201911.6 M

About Teekay Tankers Financial Statements

Teekay Tankers investors utilize fundamental indicators, such as Other Current Liab, to predict how Teekay Stock might perform in the future. Analyzing these trends over time helps investors make informed market timing decisions. For further insights, please visit our fundamental analysis page.
Last ReportedProjected for Next Year
Other Current Liabilities81.6 M85.7 M

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When determining whether Teekay Tankers is a good investment, qualitative aspects like company management, corporate governance, and ethical practices play a significant role. A comparison with peer companies also provides context and helps to understand if Teekay Stock is undervalued or overvalued. This multi-faceted approach, blending both quantitative and qualitative analysis, forms a solid foundation for making an informed investment decision about Teekay Tankers Stock. Highlighted below are key reports to facilitate an investment decision about Teekay Tankers Stock:
Check out the analysis of Teekay Tankers Correlation against competitors.
For more information on how to buy Teekay Stock please use our How to buy in Teekay Stock guide.
You can also try the Earnings Calls module to check upcoming earnings announcements updated hourly across public exchanges.
Is Oil & Gas Storage & Transportation space expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Teekay Tankers. If investors know Teekay will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Teekay Tankers listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth
(0.21)
Dividend Share
3
Earnings Share
11.63
Revenue Per Share
35.73
Quarterly Revenue Growth
(0.17)
The market value of Teekay Tankers is measured differently than its book value, which is the value of Teekay that is recorded on the company's balance sheet. Investors also form their own opinion of Teekay Tankers' value that differs from its market value or its book value, called intrinsic value, which is Teekay Tankers' true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Teekay Tankers' market value can be influenced by many factors that don't directly affect Teekay Tankers' underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Teekay Tankers' value and its price as these two are different measures arrived at by different means. Investors typically determine if Teekay Tankers is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Teekay Tankers' price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.