Teekay Corporation

Teekay Corporationverified

TK

Price:

$6.76

Market Cap:

$620.81M

Teekay Corporation engages in the international crude oil and other marine transportation services worldwide. The company provides a full suite of ship-to-ship transfer services in the oil, gas, and dry bulk industries; lightering and lightering support; and operational and maintenance marine, as well as offshore production services. As of March 1, 2022, it operated a fleet of approximately 55 vessels. The company primarily serves energy and utility companies, major oil traders, large oil consumers and petroleum product producers, government agencies, and various other entities that depend upon marine transportation. Teekay Corporation was founded in 1973 and is headquartered in Hamilton, Be...[Read more]

Industry

Oil & Gas Midstream

IPO Date

1995-07-20

Stock Exchange

NYSE

Ticker

TK

The Current Ratio as of December 2024 (TTM) for Teekay Corporation (TK) is 6.84

According to Teekay Corporation’s latest financial reports and current stock price. The company's current Current Ratio is 6.84. This represents a change of -11.30% compared to the average of 7.71 of the last 4 quarters.

Teekay Corporation (TK) Historical Current Ratio (quarterly & annually)

How has TK Current Ratio performed in the past?

The mean historical Current Ratio of Teekay Corporation over the last ten years is 1.67. The current 6.84 Current Ratio has changed 40.77% with respect to the historical average. Over the past ten years (40 quarters), TK's Current Ratio was at its highest in in the March 2024 quarter at 9.67. The Current Ratio was at its lowest in in the June 2017 quarter at 0.52.

Quarterly (TTM)
Annual

Average

1.67

Median

0.99

Minimum

0.65

Maximum

5.33

Teekay Corporation (TK) Current Ratio by Quarter and Year

Discovering the peaks and valleys of Teekay Corporation Current Ratio, unveiling quarterly and yearly fluctuations to gain insights into the company’s financial performance and market dynamics, offering valuable data for investors and analysts alike.

Maximum Annual Increase = 148.75%

Maximum Annual Current Ratio = 5.33

Minimum Annual Increase = -45.81%

Minimum Annual Current Ratio = 0.65

Quarterly (TTM)
Annual
YearCurrent RatioChange
20235.3339.18%
20223.83148.75%
20211.5487.60%
20200.8220.89%
20190.68-45.81%
20181.2591.63%
20170.65-1.10%
20160.66-16.44%
20150.79-31.43%
20141.1542.97%

Teekay Corporation (TK) Average Current Ratio

How has TK Current Ratio performed in the past?

The current Current Ratio of Teekay Corporation (TK) is greater than its 3-year, greater than its 5-year, and greater than its 10-year historical averages

3-year avg

3.57

5-year avg

2.44

10-year avg

1.67

Teekay Corporation (TK) Current Ratio vs. Peers

How is TK’s Current Ratio compared to its peers?

Teekay Corporation’s Current Ratio is less than Teekay Tankers Ltd. (0), greater than DHT Holdings, Inc. (6.80), greater than Frontline Ltd. (2.41), greater than International Seaways, Inc. (1.43), greater than Scorpio Tankers Inc. (3.60), greater than Euronav NV (2.21), greater than Tsakos Energy Navigation Limited (1.46), greater than null (0),

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