Enterprise Value of Teekay Tankers Ltd. (TNK) is 1 billion

Enterprise value (EV) is a measure of a company's total value, often used as a more comprehensive alternative to equity market capitalization. EV includes in its calculation the market capitalization of a company but also short-term and long-term debt as well as any cash on the company's balance sheet. Enterprise value is a popular metric used to value a company for a potential takeover. It is calculated as a sum of the market value of common stock, market value of preferred equity, debt and minority interest, minus total cash and investments.


Source: Investopedia

Enterprise Value
Jul 20Aug 20Sep 20Oct 20Nov 20Dec 20Jan 21Feb 21Mar 21Apr 21May 21Jun 21
1.2 billion1.3 billion984.5 million947.7 million886.7 million928.4 million888.7 million863.7 million942.6 million999.7 million984.7 million1 billion