Teekay Tankers (TNK) - Net assets

Net assets on the balance sheet as of June 2024 : £1.31 Billion

According to Teekay Tankers's latest financial reports the company has £1.31 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	$£0.88 B	42.4%
2021-12-31	$£0.62 B	-21.53%
2020-12-31	$£0.79 B	4.85%
2019-12-31	$£0.75 B	1.2%
2018-12-31	$£0.74 B	0.16%
2017-12-31	$£0.74 B	-1.47%
2016-12-31	$£0.75 B	27.67%
2015-12-31	$£0.59 B	92.75%
2014-12-31	$£0.30 B	78%
2013-12-31	$£0.17 B	-7.69%
2012-12-31	$£0.18 B	-49.74%
2011-12-31	$£0.37 B	29.71%
2010-12-31	$£0.28 B	124.97%
2009-12-31	$£0.12 B	35.72%
2008-12-31	$£93.92 M	-33.49%
2007-12-31	$£0.14 B	31.99%
2006-12-31	$£0.10 B	334.68%
2005-12-31	$£24.61 M

Net assets for similar companies or competitors

Company	Net assets	differencediff.	Country
Frontline FRO	£1.87 B	43.04%	🇧🇲 Bermuda
SFL Corp SFL	£0.80 B	-38.92%	🇧🇲 Bermuda
Teekay TK	£1.55 B	18.27%	🇨🇦 Canada
Nordic American Tankers NAT	£0.40 B	-68.99%	🇧🇲 Bermuda
Golar LNG GLNG	£2.06 B	57.08%	🇧🇲 Bermuda
Ardmore Shipping ASC	£0.50 B	-61.39%	🇧🇲 Bermuda
DHT Holdings DHT	£0.80 B	-38.52%	🇧🇲 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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