Teekay Balance Sheet Health
Financial Health criteria checks 6/6
Teekay has a total shareholder equity of $1.8B and total debt of $0.0, which brings its debt-to-equity ratio to 0%. Its total assets and total liabilities are $2.2B and $396.3M respectively. Teekay's EBIT is $519.4M making its interest coverage ratio 151.8. It has cash and short-term investments of $652.7M.
Key information
0%
Debt to equity ratio
US$0
Debt
| Interest coverage ratio | 151.8x |
| Cash | US$652.68m |
| Equity | US$1.80b |
| Total liabilities | US$396.29m |
| Total assets | US$2.20b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: TK N's short term assets ($921.9M) exceed its short term liabilities ($172.8M).
Long Term Liabilities: TK N's short term assets ($921.9M) exceed its long term liabilities ($223.5M).
Debt to Equity History and Analysis
Debt Level: TK N is debt free.
Reducing Debt: TK N has no debt compared to 5 years ago when its debt to equity ratio was 120.8%.
Debt Coverage: TK N has no debt, therefore it does not need to be covered by operating cash flow.
Interest Coverage: TK N has no debt, therefore coverage of interest payments is not a concern.