Teekay Other Non Cash Items from 2010 to 2024

TNK Stock  USD 41.52  0.21  0.50%   
Teekay Tankers Other Non Cash Items yearly trend continues to be quite stable with very little volatility. Other Non Cash Items may rise above about -19.2 M this year. From the period between 2010 and 2024, Teekay Tankers, Other Non Cash Items regression line of its data series had standard deviation of  98,660,111 and standard deviation of  98,660,111. View All Fundamentals
 
Other Non Cash Items  
First Reported
2007-09-30
Previous Quarter
42.7 M
Current Value
10.2 M
Quarterly Volatility
44.1 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 76.8 M, Interest Expense of 29.2 M or Selling General Administrative of 25.3 M, as well as many indicators such as Price To Sales Ratio of 1.66, Dividend Yield of 0.0381 or PTB Ratio of 1.43. 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 Non Cash Items Growth Pattern

Below is the plot of the Other Non Cash Items of Teekay Tankers over the last few years. It is Teekay Tankers' Other Non Cash Items 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 Non Cash Items10 Years Trend
Slightly volatile
   Other Non Cash Items   
       Timeline  

Teekay Other Non Cash Items Regression Statistics

Arithmetic Mean7,580,683
Geometric Mean25,827,192
Coefficient Of Variation1,301
Mean Deviation55,639,593
Median(19,423,000)
Standard Deviation98,660,111
Sample Variance9733.8T
Range408.5M
R-Value(0.41)
Mean Square Error8732T
R-Squared0.17
Significance0.13
Slope(9,015,329)
Total Sum of Squares136273.4T

Teekay Other Non Cash Items History

2024-19.2 M
2023-20.2 M
2022-63.3 M
2021-25 M
2020-19.4 M
2019-26.1 M
2018-18.3 M

About Teekay Tankers Financial Statements

Teekay Tankers investors utilize fundamental indicators, such as Other Non Cash Items, 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 Non Cash Items-20.2 M-19.2 M

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

The Portfolio Architect is an AI-driven system that provides multiple benefits to our users by leveraging cutting-edge machine learning algorithms, statistical analysis, and predictive modeling to automate the process of asset selection and portfolio construction, saving time and reducing human error for individual and institutional investors.

Try AI Portfolio Architect
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 Headlines Timeline module to stay connected to all market stories and filter out noise. Drill down to analyze hype elasticity.
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
(0.28)
Dividend Share
0.25
Earnings Share
12.18
Revenue Per Share
34.7
Quarterly Revenue Growth
(0.15)
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.