Teekay Tankers (TNK) - Net assets

Net assets on the balance sheet as of September 2024 : $1.74 Billion USD

According to Teekay Tankers's latest financial reports the company has $1.74 Billion USD 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	$$1.07 B	27.62%
2021-12-31	$$0.83 B	-22.29%
2020-12-31	$$1.07 B	8.99%
2019-12-31	$$0.98 B	4.54%
2018-12-31	$$0.94 B	-5.93%
2017-12-31	$$1.00 B	7.92%
2016-12-31	$$0.93 B	6.3%
2015-12-31	$$0.87 B	83.46%
2014-12-31	$$0.47 B	68.01%
2013-12-31	$$0.28 B	-5.79%
2012-12-31	$$0.30 B	-47.73%
2011-12-31	$$0.57 B	30.6%
2010-12-31	$$0.44 B	114.62%
2009-12-31	$$0.20 B	49.85%
2008-12-31	$$0.13 B	-50.93%
2007-12-31	$$0.28 B	33.87%
2006-12-31	$$0.20 B	393.74%
2005-12-31	$$42.44 M

Net assets for similar companies or competitors

Company	Net assets	differencediff.	Country
Frontline FRO	$2.34 B	34.56%	🇧🇲 Bermuda
SFL Corp SFL	$1.13 B	-34.69%	🇧🇲 Bermuda
Teekay TK	$2.00 B	14.82%	🇨🇦 Canada
Nordic American Tankers NAT	$0.51 B	-70.76%	🇧🇲 Bermuda
Golar LNG GLNG	$2.61 B	49.97%	🇧🇲 Bermuda
Ardmore Shipping ASC	$0.66 B	-61.94%	🇧🇲 Bermuda
DHT Holdings DHT	$1.03 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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