Teekay Tankers (TNK) - Net assets

Net assets on the balance sheet as of September 2024 : A$2.66 Billion

According to Teekay Tankers's latest financial reports the company has A$2.66 Billion in net assets.
A company’s net assets is the sum of its assets minus the sum of its liabilities.

Teekay Tankers - Net assets on balance sheet (from 2007 to 2024)

Net assets by year

Year	Net assets	Change
2022-12-31	$A$1.57 B	35.96%
2021-12-31	$A$1.15 B	-17.58%
2020-12-31	$A$1.40 B	-0.76%
2019-12-31	$A$1.41 B	5.19%
2018-12-31	$A$1.34 B	4.25%
2017-12-31	$A$1.28 B	-0.36%
2016-12-31	$A$1.29 B	7.43%
2015-12-31	$A$1.20 B	106.1%
2014-12-31	$A$0.58 B	83.12%
2013-12-31	$A$0.31 B	9.75%
2012-12-31	$A$0.29 B	-48.43%
2011-12-31	$A$0.56 B	29.38%
2010-12-31	$A$0.43 B	89.8%
2009-12-31	$A$0.22 B	17.69%
2008-12-31	$A$0.19 B	-39.2%
2007-12-31	$A$0.32 B	20.7%
2006-12-31	$A$0.26 B	358.29%
2005-12-31	$A$58.01 M

Net assets for similar companies or competitors

Company	Net assets	differencediff.	Country
Frontline FRO	A$3.70 B	39.02%	🇧🇲 Bermuda
SFL Corp SFL	A$1.74 B	-34.69%	🇧🇲 Bermuda
Teekay TK	A$3.06 B	14.82%	🇨🇦 Canada
Nordic American Tankers NAT	A$0.80 B	-69.86%	🇧🇲 Bermuda
Golar LNG GLNG	A$4.07 B	52.67%	🇧🇲 Bermuda
Ardmore Shipping ASC	A$1.01 B	-61.94%	🇧🇲 Bermuda
DHT Holdings DHT	A$1.59 B	-40.24%	🇧🇲 Bermuda

What is the market capitalization of a company?

The market capitalization sometimes referred as Marketcap, is the value of a publicly listed company.
In most cases it can be easily calculated by multiplying the share price with the amount of outstanding shares.

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