Teekay Tankers Net Worth
Teekay Tankers Net Worth Breakdown | TNK |
Teekay Tankers Net Worth Analysis
Teekay Tankers' net worth analysis, or its valuation, is the process of determining the total value of the company. This involves assessing a range of factors, including Teekay Tankers' financial performance, assets, liabilities, and potential for growth. The ultimate goal is to provide a clear understanding of Teekay Tankers' overall worth, which can help investors make informed investment decisions. There are several methods that can be used to perform Teekay Tankers' net worth analysis. One common approach is to calculate Teekay Tankers' market capitalization.Another approach is to use the price-to-earnings ratio (P/E ratio), which compares Teekay Tankers' stock price to its earnings per share (EPS). Discounted cash flow (DCF) analysis is another popular method for assessing Teekay Tankers' net worth. This approach calculates the present value of Teekay Tankers' future cash flows, taking into account factors such as growth rate, profitability, and risk. By comparing the present value of Teekay Tankers' cash flows to its current stock price, investors can gain a better understanding of the company's overall value. Finally, investors may use comparable company analysis to evaluate Teekay Tankers' net worth. This involves comparing Teekay Tankers' financial metrics to similar companies in the same industry. By identifying companies with similar financial characteristics, investors can gain insight into Teekay Tankers' net worth relative to its peers.
Enterprise Value |
|
To determine if Teekay Tankers is a good investment, evaluating the company's potential for future growth is also very important. This may include expanding into new markets, launching new products or services, or improving operational efficiency. Companies with strong growth prospects can be more attractive investments. This aspect of the research should be conducted in the context of the overall market and industry in which the company operates and should include an analysis of growth potential, competitive landscape, and any regulatory or economic factors that could impact the business. Some of the essential points regarding Teekay Tankers' net worth research are outlined below:
| Teekay Tankers generated a negative expected return over the last 90 days | |
| Teekay Tankers is unlikely to experience financial distress in the next 2 years | |
| Teekay Tankers has a strong financial position based on the latest SEC filings | |
| About 20.0% of the company outstanding shares are owned by corporate insiders | |
| On 22nd of November 2024 Teekay Tankers paid $ 0.25 per share dividend to its current shareholders | |
| Latest headline from news.google.com: Teekay Tankers stock hits 52-week low at 43.42 amid market shifts - Investing.com |
Teekay Tankers Quarterly Good Will |
|
Teekay Tankers uses earnings reports to provide investors with an update of all three financial statements, including the income statement, the balance sheet, and the cash flow statement. Therefore, it is also crucial when considering investing in Teekay Tankers. Every quarterly earnings report provides investors with an overview of sales, expenses, and net income for the most recent period. It also may provide a comparison to Teekay Tankers' previous reporting period. The quarterly earnings reports are usually disseminated to the public via Form 10-Q, which is a legal document filed with the Securities and Exchange Commission every quarter.
| 22nd of February 2024 Upcoming Quarterly Report | View | |
| 9th of May 2024 Next Financial Report | View | |
| 31st of December 2023 Next Fiscal Quarter End | View | |
| 22nd of February 2024 Next Fiscal Year End | View | |
| 30th of September 2023 Last Quarter Report | View | |
| 31st of December 2022 Last Financial Announcement | View |
Know Teekay Tankers' Top Institutional Investors
Have you ever been surprised when a price of an equity instrument such as Teekay Tankers is soaring high without any particular reason? This is usually happening because many institutional investors are aggressively trading Teekay Tankers backward and forwards among themselves. Teekay Tankers' institutional investor refers to the entity that pools money to purchase Teekay Tankers' securities or originate loans. Institutional investors include commercial and private banks, credit unions, insurance companies, pension funds, hedge funds, endowments, and mutual funds. Operating companies that invest excess capital in these types of assets may also be included in the term and may influence corporate governance by exercising voting rights in their investments.
| Shares | Jpmorgan Chase & Co | 2024-06-30 | 347 K | Bridgeway Capital Management, Llc | 2024-09-30 | 340.3 K | Geode Capital Management, Llc | 2024-09-30 | 318 K | Jacobs Levy Equity Management, Inc. | 2024-09-30 | 306.7 K | Two Sigma Advisers, Llc | 2024-06-30 | 276.2 K | Sg Americas Securities, Llc | 2024-09-30 | 261.6 K | Bank Of America Corp | 2024-06-30 | 250.3 K | Acadian Asset Management Llc | 2024-06-30 | 246.4 K | Northern Trust Corp | 2024-09-30 | 244.1 K | Dimensional Fund Advisors, Inc. | 2024-09-30 | 2.1 M | Blackrock Inc | 2024-06-30 | 1.5 M |
Follow Teekay Tankers' market capitalization trends
The company currently falls under 'Mid-Cap' category with a total capitalization of 1.43 B.Market Cap |
|
Project Teekay Tankers' profitablity
| Last Reported | Projected for Next Year | ||
| Return On Tangible Assets | 0.27 | 0.29 | |
| Return On Capital Employed | 0.30 | 0.32 | |
| Return On Assets | 0.27 | 0.29 | |
| Return On Equity | 0.34 | 0.35 |
When accessing Teekay Tankers' net worth, it's important to look at multiple sources and consider different scenarios. For example, gross profit margin measures Teekay Tankers' profitability after accounting for the cost of goods sold, while net profit margin measures profitability after accounting for all expenses. Other important metrics include return on assets, return on equity, and free cash flow. By reviewing multiple sources and metrics, you can gain a complete picture of Teekay Tankers' profitability and make more informed investment decisions.
Evaluate Teekay Tankers' management efficiency
Teekay Tankers has Return on Asset of 0.1325 % which means that on every $100 spent on assets, it made $0.1325 of profit. This is way below average. In the same way, it shows a return on shareholders' equity (ROE) of 0.2667 %, implying that it generated $0.2667 on every 100 dollars invested. Teekay Tankers' management efficiency ratios could be used to measure how well Teekay Tankers manages its routine affairs as well as how well it operates its assets and liabilities. Return On Tangible Assets is expected to rise to 0.29 this year. Return On Capital Employed is expected to rise to 0.32 this year. At this time, Teekay Tankers' Total Current Liabilities is quite stable compared to the past year. Change To Liabilities is expected to grow at the current pace this year, although the value of Liabilities And Stockholders Equity will most likely fall to about 1.5 B.| Last Reported | Projected for Next Year | ||
| Book Value Per Share | 44.67 | 51.81 | |
| Tangible Book Value Per Share | 44.58 | 51.08 | |
| Enterprise Value Over EBITDA | 2.49 | 2.37 | |
| Price Book Value Ratio | 1.12 | 1.43 | |
| Enterprise Value Multiple | 2.49 | 2.37 | |
| Price Fair Value | 1.12 | 1.43 | |
| Enterprise Value | 1.6 B | 975.8 M |
Leadership effectiveness at Teekay Tankers is a strong indicator of its financial stability. We analyze various metrics to provide insights into the stock's investment viability.
Enterprise Value Revenue 0.8601 | Revenue 1.2 B | Quarterly Revenue Growth (0.15) | Revenue Per Share 34.7 | Return On Equity 0.2667 |
Teekay Tankers Corporate Filings
13A | 8th of November 2024 The form used by investors holding more than 5% of a company's stock, to report their beneficial ownership pursuant to Rule 13d-1 or Rule 13d-2 under the Securities Exchange Act of 1934 | ViewVerify |
6K | 1st of November 2024 A report filed by foreign private issuers with SEC. A foreign private issuer is a non-U.S. company with securities traded on U.S. exchanges. | ViewVerify |
F3 | 11th of October 2024 An amendment to the original Schedule 13D filing | ViewVerify |
| 20th of August 2024 Other Reports | ViewVerify |
Teekay Tankers Earnings per Share Projection vs Actual
Teekay Tankers Corporate Executives
Elected by the shareholders, the Teekay Tankers' board of directors comprises two types of representatives: Teekay Tankers inside directors who are chosen from within the company, and outside directors, selected externally and held independent of Teekay. The board's role is to monitor Teekay Tankers' management team and ensure that shareholders' interests are well served. Teekay Tankers' inside directors are responsible for reviewing and approving budgets prepared by upper management to implement core corporate initiatives and projects. On the other hand, Teekay Tankers' outside directors are responsible for providing unbiased perspectives on the board's policies.
| Stewart Andrade | Chief Financial Officer | Profile |
Check out World Market Map to better understand how to build diversified portfolios, which includes a position in Teekay Tankers. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in board of governors. For more information on how to buy Teekay Stock please use our How to buy in Teekay Stock guide.You can also try the Stock Tickers module to use high-impact, comprehensive, and customizable stock tickers that can be easily integrated to any websites.
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.