Teekay Tankers (TNK)
Teekay Tankers Return on Invested Capital: -1.40%
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TNK Return on Invested Capital Rankings
| Overall | 23rd percentile | 3172 of 4160 |
| Sector | 19th percentile | 652 of 814 in Services |
| Industry | 40th percentile | 24 of 40 in Shipping |
TNK Return on Invested Capital Range, Past 5 Years
| Minimum | -1.40% | Mar 2012 |
| Maximum | 12.41% | Mar 2009 |
| Average | 4.15% |
About Return on Invested Capital (ROIC)
ROIC is an acronym for "Return on Invested Capital", and it is a concept that doesn't have a fixed definition. In YCharts, it is the net income that a company earned as a percentage of all of the capital given to a company by shareholders and debt holders. It is a ratio that tries to answer the question: "If I gave $1 to this company, how much money could the company earn by investing that $1?" A ROIC of 5% means that the company can return $0.05 per dollar invested.
ROIC is often considered a more reasonable estimate of managerial performance than Return on Equity (ROE) because it takes into account investments by debt holders, which should be invested to increase net income.
It is also more reasonable than Return on Assets (ROA) because it only assumes that capital which was "invested" into the company can be used to earn income.
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TNK News
about 3 days ago by kami_ss
about 10 days ago by TeekayCorp
about 15 days ago by TeekayTankers
about 15 days ago by TeekayTankers
about 15 days ago by TeekayTankers
May 17, 9:02AM Benzinga
about 16 days ago by RecogniaEvents
about 16 days ago by TeekayTankers
about 16 days ago by TeekayTankers
about 21 days ago by TeekayCorp
about 22 days ago by CharlesSizemore
about 23 days ago by tokyobonbon
May 07, 4:10PM Marketwire
about 38 days ago by TeekayCorp
about 44 days ago by RecogniaEvents
about 44 days ago by nobr3ga
about 45 days ago by TeekayTankers
about 46 days ago by TeekayTankers
Apr 16, 4:45PM Street Insider
Apr 16, 4:41PM Marketwire
about 50 days ago by contrarian1
about 52 days ago by darrellheaps
Feb 13, 9:27AM Marketwire
Recent Quotes
| Symbol | Price | Chg | Chg % | Market Cap |
|---|---|---|---|---|
| TNK | 4.02 | -0.05 | -1.23% | 262.03M |
| TM | 74.88 | -2.01 | -2.61% | 120.55B |
| TLT | 129.60 | +2.00 | +1.57% | |
| TLR | 0.38 | +0.00 | +0.00% | 23.29M |
| TLP | 31.20 | -0.34 | -1.08% | 456.07M |
| TLM | 10.44 | -0.06 | -0.52% | 10.83B |
| TLK | 33.05 | +0.49 | +1.50% | 16.41B |
| TGE | 8.90 | -0.47 | -5.02% | 190.49M |
| TGC | 0.7502 | -0.03 | -3.81% | 47.37M |
| TGB | 2.66 | +0.03 | +1.14% | 515.01M |