Teekay Corporation Ltd. — Earnings Quality Grade B
TK · Energy
Generally healthy
Screening Summary
Management Signals
Financial Trends
Revenue & Net Income ($B)
Margins (%)
18-Point Screening
Revenue Quality
DSO 32 days, change +7 days YoY
AR growth -0.2% vs revenue growth -22.2%
Revenue -22.2%, CFFO -35.4%. Cash follows revenue
Expense Quality
Inventory -36.1% vs COGS -16.7%. Normal
CapEx growth 156.5% is >2x revenue growth -22.2%
SG&A/Gross Profit = 21.0%, excellent (<30%)
Gross margin 27.5%, change -4.7pp. Stable
Cash Flow Quality
CFFO/NI = 3.08. Profits backed by cash
FCF $0.1B, FCF/NI = 1.11
Accruals ratio = -8.6%. Low accruals
Cash $1.0B covers debt $0.0B
Balance Sheet Health
Goodwill+Intangibles $0.0B = 0% of equity. Manageable
Debt/EBITDA = 0.1x. Healthy
Other assets grew 428.4% vs revenue -22.2%
No write-off data
Acquisition Risk
FCF after acquisitions positive
Goodwill+Intangibles change -11% YoY. Normal
Manipulation Score
Insufficient data
Altman Z-Score
Generated from public financial data using forensic accounting frameworks. Not investment advice. Data: Yahoo Finance · 2026-04-25