Teekay Tankers (TNK) - Net assets

Net assets on the balance sheet as of September 2024 : C$2.50 Billion

According to Teekay Tankers's latest financial reports the company has C$2.50 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	$C$1.45 B	35.89%
2021-12-31	$C$1.06 B	-22.33%
2020-12-31	$C$1.37 B	6.4%
2019-12-31	$C$1.29 B	0.23%
2018-12-31	$C$1.28 B	1.93%
2017-12-31	$C$1.26 B	0.96%
2016-12-31	$C$1.25 B	2.98%
2015-12-31	$C$1.21 B	119.31%
2014-12-31	$C$0.55 B	83.16%
2013-12-31	$C$0.30 B	0.85%
2012-12-31	$C$0.30 B	-48.91%
2011-12-31	$C$0.58 B	32.9%
2010-12-31	$C$0.44 B	103.89%
2009-12-31	$C$0.21 B	29.67%
2008-12-31	$C$0.16 B	-40.2%
2007-12-31	$C$0.27 B	14.7%
2006-12-31	$C$0.24 B	393.77%
2005-12-31	$C$49.41 M

Net assets for similar companies or competitors

Company	Net assets	differencediff.	Country
Frontline FRO	C$3.37 B	34.56%	🇧🇲 Bermuda
SFL Corp SFL	C$1.63 B	-34.69%	🇧🇲 Bermuda
Teekay TK	C$2.87 B	14.82%	🇨🇦 Canada
Nordic American Tankers NAT	C$0.73 B	-70.76%	🇧🇲 Bermuda
Golar LNG GLNG	C$3.75 B	49.97%	🇧🇲 Bermuda
Ardmore Shipping ASC	C$0.95 B	-61.94%	🇧🇲 Bermuda
DHT Holdings DHT	C$1.48 B	-40.65%	🇧🇲 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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