Teekay Tankers Ltd. — Earnings Quality Grade F
TNK · Energy
Major red flags
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 0.4% vs revenue growth -22.6%
Revenue -22.6%, CFFO -35.2%. Cash follows revenue
Expense Quality
Inventory -36.1% vs COGS -17.3%. Normal
CapEx growth 287.9% is >2x revenue growth -22.6%
SG&A/Gross Profit = 17.8%, excellent (<30%)
Gross margin 27.5%, change -4.6pp. Stable
Cash Flow Quality
CFFO/NI = 0.87. Profits backed by cash
FCF $0.0B, FCF/NI = 0.04
Accruals ratio = 2.0%. Low accruals
Cash $0.9B covers debt $0.0B
Balance Sheet Health
Goodwill+Intangibles $0.0B = 0% of equity. Manageable
Debt/EBITDA = 0.1x. Healthy
Other assets grew 426.1% vs revenue -22.6%
No write-off data
Acquisition Risk
FCF after acquisitions positive
Goodwill+Intangibles change -11% YoY. Normal
Manipulation Score
M-Score = -1.60 (> -1.78). LIKELY MANIPULATOR
Beneish M-Score
Altman Z-Score
Generated from public financial data using forensic accounting frameworks. Not investment advice. Data: Yahoo Finance · 2026-04-25