Teck Historical Income Statement
| TECK Stock | USD 50.38 0.84 1.70% |
Historical analysis of Teck Resources income statement accounts such as Gross Profit of 2.6 B, Other Operating Expenses of 11.4 B, Operating Income of 4.3 B or Ebit of 4.3 B can show how well Teck Resources Ltd performed in making a profits. Evaluating Teck Resources income statement over time to spot trends is a great complementary tool to traditional technical analysis and can indicate the direction of Teck Resources's future profits or losses.
Financial Statement Analysis is much more than just reviewing and examining Teck Resources latest accounting reports to predict its past. Macroaxis encourages investors to analyze financial statements over time for various trends across multiple indicators and accounts to determine whether Teck Resources is a good buy for the upcoming year.
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About Teck Income Statement Analysis
Teck Resources Income Statement consists of revenues and expenses along with the resulting net income or loss. It represents the profit for the accounting period attributable to Teck Resources shareholders. The income statement also shows Teck investors and management if the firm made money during the period reported. The result of an income statement is the net income that is calculated after subtracting the expenses from revenue. It is essential to investors both as an absolute measure as well as earnings per share (i.e., EPS).
Teck Resources Income Statement Chart
Teck Resources Ltd Income Statement is one of the three primary financial statements used for reporting Teck's overall financial performance over a current year or for a given accounting period. An Income Statement sometimes referred to as the statement of Teck Resources revenue and expense. Teck Resources Income Statement primarily focuses on the company's revenues and expenses during a particular period.
At this time, Teck Resources' Operating Income is quite stable compared to the past year. EBIT is expected to rise to about 4.3 B this year, although the value of Total Other Income Expense Net will most likely fall to (187.9 M). Add Fundamental
Total Revenue
Total revenue comprises all receipts Teck Resources generated from the sale of its products or services. The total amount of income generated by the sale of goods or services related to the company's primary operations.Gross Profit
Gross profit is a required income statement account that reflects total revenue of Teck Resources Ltd minus its cost of goods sold. It is profit before Teck Resources operating expenses, interest payments and taxes. Gross profit is also known as gross margin. The profit a company makes after deducting the costs associated with making and selling its products, or the costs associated with providing its services.Other Operating Expenses
Other Operating Expenses is the expense which generally does not depend on sales or production quantities of Teck Resources. It is also known as Teck Resources overhead expenses. Typically these expenses include marketing, rent and utilities, office, leases, and other overhead cost. Expenses incurred from non-core business activities, including administrative and general expenses, but excluding costs directly related to production.Most accounts from Teck Resources' income statement are interrelated and interconnected. However, analyzing income statement accounts one by one will only give a small insight into Teck Resources current financial condition. On the other hand, looking into the entire matrix of income statement accounts, and analyzing their relationships over time can provide a more complete picture of the company financial strength now and in the future. Check out World Market Map to better understand how to build diversified portfolios, which includes a position in Teck Resources Ltd. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in main economic indicators. At this time, Teck Resources' Operating Income is quite stable compared to the past year. EBIT is expected to rise to about 4.3 B this year, although the value of Total Other Income Expense Net will most likely fall to (187.9 M).
| 2021 | 2022 | 2023 | 2024 (projected) | Interest Expense | 5M | 20M | 874M | 917.7M | Depreciation And Amortization | 1.2B | 1.5B | 2.1B | 2.2B |
Teck Resources income statement Correlations
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Teck Resources Account Relationship Matchups
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Teck Resources income statement Accounts
| 2019 | 2020 | 2021 | 2022 | 2023 | 2024 (projected) | ||
| Depreciation And Amortization | 1.6B | 1.5B | 1.2B | 1.5B | 2.1B | 2.2B | |
| Interest Expense | 88M | 108M | 5M | 20M | 874M | 917.7M | |
| Selling General Administrative | 165M | 179M | 299M | 472M | 424M | 445.2M | |
| Total Revenue | 11.9B | 8.9B | 13.5B | 17.3B | 15.0B | 15.8B | |
| Gross Profit | 4.6B | 3.3B | 1.3B | 5.1B | 8.6B | 2.6B | |
| Other Operating Expenses | 9.5B | 8.5B | 8.9B | 10.4B | 10.9B | 11.4B | |
| Operating Income | 2.4B | 438M | 4.9B | 7.0B | 4.1B | 4.3B | |
| Ebit | 2.4B | 438M | 4.9B | 7.0B | 4.1B | 4.3B | |
| Ebitda | 4.0B | 1.9B | 6.1B | 8.5B | 6.2B | 6.5B | |
| Cost Of Revenue | 8.6B | 7.6B | 8.4B | 8.7B | 10.1B | 10.6B | |
| Total Operating Expenses | 891M | 904M | 534M | 1.7B | 756M | 551.6M | |
| Income Before Tax | (468M) | (1.1B) | 4.5B | 6.6B | 3.9B | 4.1B | |
| Total Other Income Expense Net | (2.9B) | (1.6B) | (318M) | (421M) | (179M) | (188.0M) | |
| Net Income | (588M) | (944M) | 2.9B | 3.3B | 2.4B | 2.5B | |
| Income Tax Expense | 120M | (192M) | 1.6B | 2.5B | 1.6B | 1.7B | |
| Research Development | 67M | 97M | 129M | 157M | 164M | 172.2M | |
| Net Income From Continuing Ops | (588M) | (944M) | 2.9B | 4.1B | 2.3B | 2.5B | |
| Net Income Applicable To Common Shares | (605M) | (864M) | 2.9B | 3.3B | 3.8B | 4.0B | |
| Minority Interest | 770M | 669M | (47M) | 19M | 101M | 123.4M | |
| Tax Provision | 120M | (192M) | 1.6B | 2.5B | 1.6B | 1.0B | |
| Interest Income | 48M | 10M | 5M | 53M | 112M | 60M | |
| Reconciled Depreciation | 1.6B | 1.5B | 1.6B | 1.7B | 1.9B | 1.8B |
Teck Resources Investors Sentiment
The influence of Teck Resources' investor sentiment on the probability of its price appreciation or decline could be a good factor in your decision-making process regarding taking a position in Teck. The overall investor sentiment generally increases the direction of a stock movement in a one-year investment horizon. However, the impact of investor sentiment on the entire stock market does not have solid backing from leading economists and market statisticians.
Investor biases related to Teck Resources' public news can be used to forecast risks associated with an investment in Teck. The trend in average sentiment can be used to explain how an investor holding Teck can time the market purely based on public headlines and social activities around Teck Resources Ltd. Please note that most equities that are difficult to arbitrage are affected by market sentiment the most.
Teck Resources' market sentiment shows the aggregated news analyzed to detect positive and negative mentions from the text and comments. The data is normalized to provide daily scores for Teck Resources' and other traded tickers. The bigger the bubble, the more accurate is the estimated score. Higher bars for a given day show more participation in the average Teck Resources' news discussions. The higher the estimated score, the more favorable is the investor's outlook on Teck Resources.
Teck Resources Implied Volatility | 39.95 |
Teck Resources' implied volatility exposes the market's sentiment of Teck Resources Ltd stock's possible movements over time. However, it does not forecast the overall direction of its price. In a nutshell, if Teck Resources' implied volatility is high, the market thinks the stock has potential for high price swings in either direction. On the other hand, the low implied volatility suggests that Teck Resources stock will not fluctuate a lot when Teck Resources' options are near their expiration.
Some investors attempt to determine whether the market's mood is bullish or bearish by monitoring changes in market sentiment. Unlike more traditional methods such as technical analysis, investor sentiment usually refers to the aggregate attitude towards Teck Resources in the overall investment community. So, suppose investors can accurately measure the market's sentiment. In that case, they can use it for their benefit. For example, some tools to gauge market sentiment could be utilized using contrarian indexes, Teck Resources' short interest history, or implied volatility extrapolated from Teck Resources options trading.
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When determining whether Teck Resources is a good investment, qualitative aspects like company management, corporate governance, and ethical practices play a significant role. A comparison with peer companies also provides context and helps to understand if Teck Stock is undervalued or overvalued. This multi-faceted approach, blending both quantitative and qualitative analysis, forms a solid foundation for making an informed investment decision about Teck Resources Ltd Stock. Highlighted below are key reports to facilitate an investment decision about Teck Resources Ltd Stock:Check out World Market Map to better understand how to build diversified portfolios, which includes a position in Teck Resources Ltd. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in main economic indicators. Note that the Teck Resources information on this page should be used as a complementary analysis to other Teck Resources' statistical models used to find the right mix of equity instruments to add to your existing portfolios or create a brand new portfolio. You can also try the Global Correlations module to find global opportunities by holding instruments from different markets.
Complementary Tools for Teck Stock analysis
When running Teck Resources' price analysis, check to measure Teck Resources' market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Teck Resources is operating at the current time. Most of Teck Resources' value examination focuses on studying past and present price action to predict the probability of Teck Resources' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Teck Resources' price. Additionally, you may evaluate how the addition of Teck Resources to your portfolios can decrease your overall portfolio volatility.
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Is Teck Resources' industry expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Teck Resources. If investors know Teck will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Teck Resources listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth (0.70) | Dividend Share 0.5 | Earnings Share 3.39 | Revenue Per Share 29.329 | Quarterly Revenue Growth 0.054 |
The market value of Teck Resources is measured differently than its book value, which is the value of Teck that is recorded on the company's balance sheet. Investors also form their own opinion of Teck Resources' value that differs from its market value or its book value, called intrinsic value, which is Teck Resources' true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Teck Resources' market value can be influenced by many factors that don't directly affect Teck Resources' underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Teck Resources' value and its price as these two are different measures arrived at by different means. Investors typically determine if Teck Resources is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Teck Resources' price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.