Teekay (TK) Debt to Equity Ratio

Price: $6.58
Market Cap: $549.69M
Avg Volume: 695.84K
Country: BM
Industry: Oil & Gas Midstream
Sector: Energy
Beta: 0.523
52W Range: $5.98-9.95
Website: Teekay

Debt to Equity Ratio

Teekay's debt to equity ratio indicates the proportion of equity and debt the company uses to finance its assets:

  • Annual: 0.09
  • Quarterly: 0.09
  • TTM: 0.09

Other Key Debt Metrics

These metrics provide additional insights into Teekay's financial leverage and its ability to meet financial obligations:

  • Debt Ratio - indicates the proportion of a company's assets that are financed through debt:
    • Annual: 3.04%
    • Quarterly: 3.04%
    • TTM: 3.04%
  • Debt to Assets Ratio - shows the proportion of a company's assets that are financed by debt:
    • Annual: 3.04%
    • Quarterly: 3.04%
    • TTM: 3.04%

These financial metrics offer a comprehensive view of Teekay's debt structure and financial health. By comparing these ratios with industry benchmarks, investors can better understand the company's leverage and risk profile.

Annual Debt to Equity Ratio

0.09

Quarterly Debt to Equity Ratio

0.09

TTM Debt to Equity Ratio

0.09

Teekay Historical Debt to Equity Ratio
12.0012.009.009.006.006.003.003.000.000.00Debt to Equity Ratio20162016201720172018201820192019202020202021202120222022202320232024202420252025
Historical Debt Ratio
60.04%60.04%48.04%48.04%36.03%36.03%24.02%24.02%12.01%12.01%0.00%0.00%Debt Ratio20162016201720172018201820192019202020202021202120222022202320232024202420252025
Historical Debt to Assets Ratio
60.04%60.04%48.04%48.04%36.03%36.03%24.02%24.02%12.01%12.01%0.00%0.00%Debt to Assets Ratio20162016201720172018201820192019202020202021202120222022202320232024202420252025

Teekay Historical Debt to Equity Ratio

The table below shows various debt metrics for each year, with the latest data available for the last fiscal year 2024.

Year Debt to Equity Ratio Debt Ratio Debt to Assets Ratio
2024 0.09 3.04% 3.04%
2023 0.31 10.34% 10.34%
2022 0.96 27.59% 27.59%
2021 1.95 15.39% 15.39%
2020 7.94 55.00% 55.00%
2019 10.07 60.04% 60.04%
2018 6.17 59.50% 59.50%
2017 5.80 56.57% 56.57%
2016 7.82 54.88% 54.88%
2015 8.10 56.99% 56.99%

Related Metrics

Explore detailed financial metrics and analysis for TK.