Teekay Tankers Stock Z Score

TNK Stock

USD 38.93 0.98 2.58%

Altman Z Score is one of the simplest fundamental models to determine how likely your company is to fail. The module uses available fundamental data of a given equity to approximate the Altman Z score. Altman Z Score is determined by evaluating five fundamental price points available from the company's current public disclosure documents. Check out Teekay Tankers Piotroski F Score and Teekay Tankers Valuation analysis.

For more information on how to buy Teekay Stock please use our How to buy in Teekay Stock guide.

At this time, Teekay Tankers' Return On Capital Employed is quite stable compared to the past year. Capital Expenditure Coverage Ratio is expected to rise to 74.13 this year, although the value of Capital Surpluse will most likely fall to about 1.4 B. At this time, Teekay Tankers' EBITDA is quite stable compared to the past year. Cost Of Revenue is expected to rise to about 956 M this year, although the value of Selling General Administrative will most likely fall to about 25.3 M.

Teekay Tankers Company Z Score Analysis

Teekay Tankers' Z-Score is a simple linear, multi-factor model that measures the financial health and economic stability of a company. The score is used to predict the probability of a firm going into bankruptcy within next 24 months or two fiscal years from the day stated on the accounting statements used to calculate it. The model uses five fundamental business ratios that are weighted according to algorithm of Professor Edward Altman who developed it in the late 1960s at New York University..

Z Score

Sum Of

5 Factors

More About Z Score | All Equity Analysis

First Factor

1.2 * (

Working Capital

/

Total Assets )

Second Factor

1.4 * (

Retained Earnings

/

Total Assets )

Thrid Factor

3.3 * (

EBITAD

/

Total Assets )

Fouth Factor

0.6 * (

Market Value of Equity

/

Total Liabilities )

Fifth Factor

0.99 * (

Revenue

/

Total Assets )

Teekay Z Score Driver Correlations

Understanding the fundamental principles of building solid financial models for Teekay Tankers is extremely important. It helps to project a fair market value of Teekay Stock properly, considering its historical fundamentals such as Z Score. Since Teekay Tankers' main accounts across its financial reports are all linked and dependent on each other, it is essential to analyze all possible correlations between related accounts. However, instead of reviewing all of Teekay Tankers' historical financial statements, investors can examine the correlated drivers to determine its overall health. This can be effectively done using a conventional correlation matrix of Teekay Tankers' interrelated accounts and indicators.

	Total Assets	Total Stockholder Equity	Net Debt	Accounts Payable	Long Term Debt	Net Receivables	Total Liab	Total Current Assets	Short Term Debt	Property Plant Equipment	Retained Earnings	Common Stock	Current Deferred Revenue	Good Will	Intangible Assets	Short Term Investments	Net Tangible Assets	Long Term Investments	Short Long Term Debt	Long Term Debt Total	Cash And Equivalents	Net Invested Capital	Net Working Capital	Capital Stock	Capital Surpluse
Total Assets		0.65	0.27	0.63	0.1	0.62	0.55	0.42	0.78	0.92	0.04	0.87	0.22	0.14	-0.21	-0.45	0.79	0.12	-0.65	-0.3	0.06	-0.18	0.26	0.17	0.18
Total Stockholder Equity	0.65		-0.5	0.27	-0.52	0.74	-0.07	0.9	0.35	0.55	0.64	0.75	0.55	-0.29	-0.62	-0.5	0.85	-0.19	-0.74	-0.74	0.7	-0.49	0.86	0.69	0.72
Net Debt	0.27	-0.5		0.37	0.84	-0.25	0.86	-0.67	0.51	0.36	-0.78	-0.04	-0.41	0.56	0.56	0.13	-0.22	0.38	0.21	0.68	-0.83	0.4	-0.81	-0.67	-0.73
Accounts Payable	0.63	0.27	0.37		0.26	0.48	0.58	0.24	0.64	0.67	-0.2	0.52	-0.05	0.12	-0.2	-0.24	0.48	0.16	-0.44	0.04	-0.11	-0.08	0.08	-0.06	-0.07
Long Term Debt	0.1	-0.52	0.84	0.26		-0.43	0.7	-0.63	0.45	0.26	-0.66	-0.17	-0.51	0.69	0.76	0.32	-0.33	0.6	0.26	0.77	-0.72	0.61	-0.79	-0.53	-0.61
Net Receivables	0.62	0.74	-0.25	0.48	-0.43		0.16	0.8	0.24	0.37	0.49	0.53	0.38	-0.04	-0.37	-0.49	0.58	-0.13	-0.51	-0.44	0.61	-0.33	0.69	0.47	0.51
Total Liab	0.55	-0.07	0.86	0.58	0.7	0.16		-0.25	0.69	0.59	-0.53	0.21	-0.21	0.54	0.4	-0.05	0.07	0.34	-0.08	0.5	-0.52	0.23	-0.45	-0.36	-0.43
Total Current Assets	0.42	0.9	-0.67	0.24	-0.63	0.8	-0.25		0.04	0.26	0.69	0.56	0.51	-0.34	-0.55	-0.33	0.65	-0.24	-0.6	-0.7	0.86	-0.47	0.95	0.75	0.79
Short Term Debt	0.78	0.35	0.51	0.64	0.45	0.24	0.69	0.04		0.91	-0.19	0.63	-0.05	0.3	-0.09	-0.45	0.63	0.45	-0.57	-0.02	-0.24	0.02	-0.11	-0.12	-0.14
Property Plant Equipment	0.92	0.55	0.36	0.67	0.26	0.37	0.59	0.26	0.91		-0.13	0.86	0.19	0.12	-0.25	-0.39	0.8	0.19	-0.69	-0.22	-0.1	-0.18	0.13	0.06	0.06
Retained Earnings	0.04	0.64	-0.78	-0.2	-0.66	0.49	-0.53	0.69	-0.19	-0.13		0.06	0.35	-0.21	-0.44	-0.34	0.32	-0.24	-0.16	-0.5	0.82	-0.07	0.75	0.67	0.68
Common Stock	0.87	0.75	-0.04	0.52	-0.17	0.53	0.21	0.56	0.63	0.86	0.06		0.39	-0.21	-0.51	-0.44	0.93	-0.03	-0.85	-0.63	0.22	-0.51	0.48	0.29	0.36
Current Deferred Revenue	0.22	0.55	-0.41	-0.05	-0.51	0.38	-0.21	0.51	-0.05	0.19	0.35	0.39		-0.3	-0.52	-0.22	0.43	-0.42	-0.36	-0.48	0.4	-0.56	0.63	0.46	0.53
Good Will	0.14	-0.29	0.56	0.12	0.69	-0.04	0.54	-0.34	0.3	0.12	-0.21	-0.21	-0.3		0.71	0.06	-0.25	0.51	0.24	0.56	-0.33	0.51	-0.5	-0.29	-0.35
Intangible Assets	-0.21	-0.62	0.56	-0.2	0.76	-0.37	0.4	-0.55	-0.09	-0.25	-0.44	-0.51	-0.52	0.71		0.52	-0.68	0.48	0.57	0.76	-0.44	0.7	-0.69	-0.4	-0.48
Short Term Investments	-0.45	-0.5	0.13	-0.24	0.32	-0.49	-0.05	-0.33	-0.45	-0.39	-0.34	-0.44	-0.22	0.06	0.52		-0.62	-0.22	0.69	0.36	-0.15	0.31	-0.29	-0.16	-0.19
Net Tangible Assets	0.79	0.85	-0.22	0.48	-0.33	0.58	0.07	0.65	0.63	0.8	0.32	0.93	0.43	-0.25	-0.68	-0.62		-0.02	-0.88	-0.71	0.4	-0.49	0.61	0.4	0.46
Long Term Investments	0.12	-0.19	0.38	0.16	0.6	-0.13	0.34	-0.24	0.45	0.19	-0.24	-0.03	-0.42	0.51	0.48	-0.22	-0.02		-0.21	0.32	-0.29	0.44	-0.44	-0.28	-0.34
Short Long Term Debt	-0.65	-0.74	0.21	-0.44	0.26	-0.51	-0.08	-0.6	-0.57	-0.69	-0.16	-0.85	-0.36	0.24	0.57	0.69	-0.88	-0.21		0.62	-0.29	0.54	-0.52	-0.29	-0.35
Long Term Debt Total	-0.3	-0.74	0.68	0.04	0.77	-0.44	0.5	-0.7	-0.02	-0.22	-0.5	-0.63	-0.48	0.56	0.76	0.36	-0.71	0.32	0.62		-0.66	0.74	-0.78	-0.51	-0.63
Cash And Equivalents	0.06	0.7	-0.83	-0.11	-0.72	0.61	-0.52	0.86	-0.24	-0.1	0.82	0.22	0.4	-0.33	-0.44	-0.15	0.4	-0.29	-0.29	-0.66		-0.27	0.89	0.74	0.78
Net Invested Capital	-0.18	-0.49	0.4	-0.08	0.61	-0.33	0.23	-0.47	0.02	-0.18	-0.07	-0.51	-0.56	0.51	0.7	0.31	-0.49	0.44	0.54	0.74	-0.27		-0.56	-0.31	-0.43
Net Working Capital	0.26	0.86	-0.81	0.08	-0.79	0.69	-0.45	0.95	-0.11	0.13	0.75	0.48	0.63	-0.5	-0.69	-0.29	0.61	-0.44	-0.52	-0.78	0.89	-0.56		0.77	0.83
Capital Stock	0.17	0.69	-0.67	-0.06	-0.53	0.47	-0.36	0.75	-0.12	0.06	0.67	0.29	0.46	-0.29	-0.4	-0.16	0.4	-0.28	-0.29	-0.51	0.74	-0.31	0.77		0.98
Capital Surpluse	0.18	0.72	-0.73	-0.07	-0.61	0.51	-0.43	0.79	-0.14	0.06	0.68	0.36	0.53	-0.35	-0.48	-0.19	0.46	-0.34	-0.35	-0.63	0.78	-0.43	0.83	0.98

Click cells to compare fundamentals

To calculate a Z-Score, one would need to know a company's current working capital, its total assets and liabilities, and the amount of its latest earnings as well as earnings before interest and tax. Z-Scores can be used to compare the odds of bankruptcy of companies in a similar line of business or firms operating in the same industry. Companies with Z-Scores above 3.1 are generally considered to be stable and healthy with a low probability of bankruptcy. Scores that fall between 1.8 and 3.1 lie in a so-called 'grey area,' with scores of less than 1 indicating the highest probability of distress. Z Score is a used widely measure by financial auditors, accountants, money managers, loan processors, wealth advisers, and day traders. In the last 25 years, many financial models that utilize z-scores proved it to be successful as a predictor of corporate bankruptcy.

Competition

Predict Teekay Tankers

Based on the company's disclosures, Teekay Tankers has a Z Score of 0.0. This is 100.0% lower than that of the Oil, Gas & Consumable Fuels sector and 100.0% lower than that of the Energy industry. The z score for all United States stocks is 100.0% higher than that of the company.

Teekay Tankers Current Valuation Drivers

We derive many important indicators used in calculating different scores of Teekay Tankers from analyzing Teekay Tankers' financial statements. These drivers represent accounts that assess Teekay Tankers' ability to generate profits relative to its revenue, operating costs, and shareholders' equity. Below are some of Teekay Tankers' important valuation drivers and their relationship over time.

	2020	2021	2022	2023	2024	2025 (projected)
Market Cap	805.8M	371.2M	1.0B	1.7B	1.5B	1.6B
Enterprise Value	1.8B	891.0M	1.4B	1.6B	1.4B	975.8M

Teekay Tankers ESG Sustainability

Some studies have found that companies with high sustainability scores are getting higher valuations than competitors with lower social-engagement activities. While most ESG disclosures are voluntary and do not directly affect the long term financial condition, Teekay Tankers' sustainability indicators can be used to identify proper investment strategies using environmental, social, and governance scores that are crucial to Teekay Tankers' managers, analysts, and investors.

Environmental

Governance

Social

Teekay Tankers Institutional Holders

Institutional Holdings refers to the ownership stake in Teekay Tankers that is held by large financial organizations, pension funds or endowments. Institutions may purchase large blocks of Teekay Tankers' outstanding shares and can exert considerable influence upon its management. Institutional holders may also work to push the share price higher once they own the stock. Extensive social media coverage, TV shows, articles in high-profile magazines, and presentations at investor conferences help move the stock higher, increasing Teekay Tankers' value.

		Shares
Jacobs Levy Equity Management, Inc.	2024-12-31	298.5 K
Jpmorgan Chase & Co	2024-12-31	261.3 K
Northern Trust Corp	2024-12-31	247.9 K
Voloridge Investment Management, Llc	2024-12-31	242.7 K
Qube Research & Technologies	2024-12-31	241.2 K
Moore Capital Management, Lp	2024-12-31	238.6 K
Royce & Associates, Lp	2024-12-31	225.7 K
Vanguard Group Inc	2024-12-31	221.7 K
Nuveen Asset Management, Llc	2024-12-31	218.6 K
Dimensional Fund Advisors, Inc.	2024-12-31	2 M
Blackrock Inc	2024-12-31	1.7 M

Teekay Fundamentals

	Return On Equity	0.24
	Return On Asset	0.11
	Profit Margin	0.33 %
	Operating Margin	0.17 %
	Current Valuation	823.25 M
	Shares Outstanding	29.73 M
	Shares Owned By Insiders	20.25 %
	Shares Owned By Institutions	60.42 %
	Number Of Shares Shorted	568.79 K
	Price To Earning	12.95 X
	Price To Book	0.74 X
	Price To Sales	1.06 X
	Revenue	1.36 B
	Gross Profit	487.88 M
	EBITDA	648.42 M
	Net Income	513.67 M
	Cash And Equivalents	180.51 M
	Cash Per Share	2.00 X
	Total Debt	215.91 M
	Debt To Equity	0.74 %
	Current Ratio	1.63 X
	Book Value Per Share	51.12 X
	Cash Flow From Operations	626.07 M
	Short Ratio	1.28 X
	Earnings Per Share	11.63 X
	Price To Earnings To Growth	31.59 X
	Target Price	58.14
	Beta	-0.45
	Market Capitalization	1.3 B
	Total Asset	1.87 B
	Retained Earnings	220.02 M
	Working Capital	474.21 M
	Current Asset	279.81 M
	Current Liabilities	289.65 M
	Annual Yield	0.03 %
	Five Year Return	6.35 %
	Net Asset	1.87 B
	Last Dividend Paid	3.0

About Teekay Tankers Fundamental Analysis

The Macroaxis Fundamental Analysis modules help investors analyze Teekay Tankers's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of Teekay Tankers using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of Teekay Tankers based on its fundamental data. In general, a quantitative approach, as applied to this company, focuses on analyzing financial statements comparatively, whereas a qaualitative method uses data that is important to a company's growth but cannot be measured and presented in a numerical way.

Please read more on our fundamental analysis page.

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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:

How To Invest In Teekay

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Is Teekay Stock a good investment?

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What is Teekay Tankers' Net Worth?

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Largest Oil & Gas Storage & Transportation Companies

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Check out Teekay Tankers Piotroski F Score and Teekay Tankers Valuation analysis.

For more information on how to buy Teekay Stock please use our How to buy in Teekay Stock guide.

You can also try the Transaction History module to view history of all your transactions and understand their impact on performance.

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

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.

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Teekay Tankers Stock Z Score

Teekay Tankers Company Z Score Analysis

Z Score

Sum Of

5 Factors

First Factor

1.2 * (

Working Capital

/

Total Assets )

Second Factor

1.4 * (

Retained Earnings

/

Total Assets )

Thrid Factor

3.3 * (

EBITAD

/

Total Assets )

Fouth Factor

0.6 * (

Market Value of Equity

/

Total Liabilities )

Fifth Factor

0.99 * (

Revenue

/

Total Assets )

Teekay Z Score Driver Correlations

Teekay Tankers Current Valuation Drivers

Teekay Tankers ESG Sustainability

Teekay Tankers Institutional Holders

Teekay Fundamentals

About Teekay Tankers Fundamental Analysis

Building efficient market-beating portfolios requires time, education, and a lot of computing power!

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