Teekay Tankers LTD. balance sheet

At the end of fiscal 2025, Teekay Tankers LTD. had total assets of $2.24bn, total liabilities of $198m and shareholders' equity of $2.04bn. It held $831m in cash against $0 of debt: net cash of $831m.

Balance sheet

US$ millions unless shown otherwise. Fiscal years, plus the last twelve months (LTM) when newer.

Teekay Tankers LTD.: balance sheet, annual
Fiscal year	2010Dec 2010	2011Dec 2011	2012Dec 2012	2013Dec 2013	2014Dec 2014	2015Dec 2015	2016Dec 2016	2017Dec 2017	2018Dec 2018	2019Dec 2019	2020Dec 2020	2021Dec 2021	2022Dec 2022	2023Dec 2023	2024Dec 2024	2025Dec 2025
Cash and equivalents	15	19	26	26	188	157	94	71	55	89	97	71	207	391	512	831
Receivables	0	2	5	4	4	28	34	19	17	96	36	41	117	115	82	83
Inventory	—	—	—	—	—	—	—	—	23	50	35	49	61	53	46	29
Total current assets	38	200	203	215	262	280	258	177	226	421	245	245	460	667	748	1,079
Goodwill	13	0	—	—	—	0	8	8	8	2	2	2	2	2	2	2
Total assets	937	1,641	1,106	1,098	1,241	2,169	1,964	2,197	2,161	2,229	1,840	1,619	1,784	1,942	1,974	2,242
Accounts payable	2	4	3	2	2	17	14	8	11	71	31	35	42	34	26	20
Deferred revenue (current)	2	4	5	3	1	3	4	1	0	—	—	—	—	—	—	—
Total current liabilities	25	147	62	70	86	290	256	237	198	280	197	157	170	168	132	135
Short-term debt	2	26	25	25	47	174	171	167	106	44	11	16	0	—	—	—
Long-term debt	452	882	710	719	661	991	762	786	629	516	232	305	0	—	—	—
Total debt	454	909	736	745	710	1,166	942	963	742	610	253	345	0	0	0	0
Total liabilities	494	1,063	803	813	763	1,292	1,032	1,191	1,214	1,240	761	780	714	392	217	198
Shareholders' equity	441	578	315	301	497	899	933	1,007	947	990	1,079	848	1,092	1,550	1,757	2,044
Net debt (negative = net cash)	439	890	709	719	523	1,010	848	892	687	521	156	275	−207	−391	−512	−831

Balances at each fiscal year end (quarter end in the quarterly view). Total debt is short- plus long-term borrowings, including lease debt where the company reports it within debt. Where assets do not equal liabilities plus shareholders' equity, the difference (non-controlling interests, redeemable preferred shares) is shown on its own line.

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Figures from Teekay Tankers LTD.'s SEC filings (10-K and 10-Q). How we read and check them: methodology and data sources. Not investment advice. Back to Teekay Tankers LTD.