Teck Resources Financials

TECK Stock  USD 46.81  0.40  0.85%   
Based on the key indicators related to Teck Resources' liquidity, profitability, solvency, and operating efficiency, Teck Resources Ltd is not in a good financial situation at the present time. It has a very high likelihood of going through financial trouble in December. At this time, Teck Resources' Property Plant And Equipment Net is quite stable compared to the past year. Net Debt is expected to rise to about 10.9 B this year, although the value of Total Current Assets will most likely fall to about 3.8 B. Key indicators impacting Teck Resources' financial strength include:
Current ValueLast YearChange From Last Year 10 Year Trend
Debt Equity Ratio0.460.3717
Fairly Up
Very volatile
Current Ratio1.041.0973
Notably Down
Slightly volatile
The essential information of the day-to-day investment outlook for Teck Resources includes many different criteria found on its balance sheet. An individual investor should monitor Teck Resources' cash flow, debt, and profitability to accurately make informed decisions on whether to invest in Teck Resources.

Net Income

2.53 Billion

  
Understanding current and past Teck Resources Financials, including the trends in assets, liabilities, equity and income are directly related to making proper and timely investing decisions. All of Teck Resources' financial statements are interrelated, with each one affecting the others. For example, an increase in Teck Resources' assets may result in an increase in income on the income statement.

Teck Resources Stock Summary

Teck Resources competes with Rio Tinto, Vale SA, MP Materials, Lithium Americas, and Glencore PLC. Teck Resources Limited engages in exploring for, acquiring, developing, and producing natural resources in Asia, Europe, and North America. Teck Resources Limited was founded in 1913 and is headquartered in Vancouver, Canada. Teck Resources operates under Other Industrial Metals Mining classification in the United States and is traded on New York Stock Exchange. It employs 10600 people.
Specialization
Basic Materials, Other Industrial Metals & Mining
InstrumentUSA Stock View All
ExchangeNew York Stock Exchange
ISINCA8787422044
CUSIP878742204 878742303
LocationBritish Columbia; Canada
Business AddressBentall 5, Vancouver,
SectorMetals & Mining
IndustryMaterials
BenchmarkDow Jones Industrial
Websitewww.teck.com
Phone604 699 4000
CurrencyUSD - US Dollar

Teck Resources Key Financial Ratios

Teck Resources Key Balance Sheet Accounts

201920202021202220232024 (projected)
Total Assets39.4B41.3B47.4B52.4B56.2B59.0B
Other Current Liab1.2B1.5B1.6B3.1B1.7B1.8B
Net Debt4.7B7.4B7.9B8.1B10.3B10.9B
Retained Earnings14.4B13.4B16.3B18.1B19.6B20.6B
Accounts Payable1.3B1.4B1.7B1.9B2.3B2.4B
Cash1.0B450M1.4B1.9B744M1.4B
Net Receivables1.2B1.3B2.0B1.5B2.1B2.2B
Inventory2.0B1.9B2.4B2.7B2.9B3.1B
Other Current Assets331M366M305M2.2B679M713.0M
Total Liab17.3B20.6B23.6B25.8B27.9B29.3B
Total Current Assets4.5B4B6.1B8.3B6.5B3.8B
Short Term Debt189M234M340M748M710M461.3M
Common Stock6.3B6.1B6.2B6.1B6.5B5.0B
Other Liab8.9B9.7B10.8B10.7B12.3B12.9B
Net Tangible Assets20.0B18.6B21.5B24.0B27.5B28.9B
Other Assets975M1.1B1.2B950M1.1B742.9M
Long Term Debt5.0B7.1B8.4B8.8B9.5B5.4B
Good Will1.1B1.1B1.1B1.1B1.1B1.0B
Short Long Term Debt29M115M213M616M515M422.5M
Intangible Assets162M309M395M400M345M416.4M

Teck Resources Key Income Statement Accounts

201920202021202220232024 (projected)
Interest Expense88M108M5M20M191M191.3M
Total Revenue11.9B8.9B13.5B17.3B15.0B15.8B
Gross Profit4.6B3.3B1.3B5.1B8.6B2.6B
Operating Income2.4B438M4.9B7.0B4.4B4.6B
Ebit2.4B324M4.5B6.7B3.9B2.0B
Ebitda4.0B1.9B6.2B8.5B5.9B6.2B
Cost Of Revenue8.6B7.6B8.4B8.7B10.1B10.6B
Income Before Tax(468M)(1.1B)4.5B6.6B3.9B4.1B
Net Income(588M)(944M)2.9B3.3B2.4B2.5B
Income Tax Expense120M(192M)1.6B2.5B1.6B1.7B
Research Development67M97M129M157M164M172.2M
Minority Interest770M669M(47M)19M101M123.4M
Tax Provision120M(192M)1.6B2.5B1.6B1.0B
Interest Income48M10M5M53M112M60M

Teck Resources Key Cash Accounts

201920202021202220232024 (projected)
Change In Cash(708M)(576M)977M456M(1.1B)(1.1B)
Free Cash Flow16M(2.1B)25M2.5B(1.7B)(1.6B)
Depreciation1.6B1.5B1.6B1.7B2.1B2.2B
Other Non Cash Items292M483M565M(149M)(1.9B)(1.8B)
Dividends Paid172M111M106M532M515M540.8M
Capital Expenditures3.5B3.6B4.7B5.5B5.8B6.1B
Net Income(588M)(944M)2.9B4.1B2.4B2.6B
End Period Cash Flow1.0B450M1.4B1.9B744M1.4B
Change To Inventory16M100M(412M)(421M)(426M)(404.7M)
Investments(3.6B)(3.7B)(106M)(5.7B)(5.2B)(5.0B)
Net Borrowings(47M)2.2B1.3B7M8.1M8.5M
Change To Netincome836M783M1.2B3.0B3.4B3.6B

Teck Financial Ratios Relationships

Comparative valuation techniques use various fundamental indicators to help in determining Teck Resources's current stock value. Our valuation model uses many indicators to compare Teck Resources value to that of its competitors to determine the firm's financial worth. You can analyze the relationship between different fundamental ratios across Teck Resources competition to find correlations between indicators driving Teck Resources's intrinsic value. More Info.
Teck Resources Ltd is rated below average in return on equity category among its peers. It is rated below average in return on asset category among its peers reporting about  1.20  of Return On Asset per Return On Equity. At this time, Teck Resources' Return On Equity is quite stable compared to the past year. Comparative valuation analysis is a catch-all technique that is used if you cannot value Teck Resources by discounting back its dividends or cash flows. It compares the stock's price multiples to nearest competition to determine if the stock is relatively undervalued or overvalued.

Teck Resources Systematic Risk

Teck Resources' systematic risk plays a vital role in portfolio allocation when considering its stock to be added to a well-diversified portfolio. Teck Resources volatility which cannot be eliminated through diversification, requires returns over the risk-free rate. Over the long run, a well-diversified portfolio provides returns that match its exposure to systematic risk. In this case, investors face a trade-off between expected returns and systematic risk and, therefore, can only reduce a portfolio's exposure to systematic risk by sacrificing expected returns on the portfolio.
The output start index for this execution was twelve with a total number of output elements of fourty-nine. The Beta measures systematic risk based on how returns on Teck Resources correlated with the market. If Beta is less than 0 Teck Resources generally moves in the opposite direction as compared to the market. If Teck Resources Beta is about zero movement of price series is uncorrelated with the movement of the benchmark. if Beta is between zero and one Teck Resources is generally moves in the same direction as, but less than the movement of the market. For Beta = 1 movement of Teck Resources is generally in the same direction as the market. If Beta > 1 Teck Resources moves generally in the same direction as, but more than the movement of the benchmark.
Today, most investors in Teck Resources Stock are looking for potential investment opportunities by analyzing not only static indicators but also various Teck Resources' growth ratios. Consistent increases or decreases in fundamental ratios usually indicate a possible pattern that can be successfully translated into profits. However, when comparing two companies, knowing each company's growth growth rates may not be enough to decide which company is a better investment. That's why investors frequently use static breakdown of Teck Resources growth as a starting point in their analysis.

Price Earnings To Growth Ratio

(0.45)

At this time, Teck Resources' Price Earnings To Growth Ratio is quite stable compared to the past year.

Teck Resources November 25, 2024 Opportunity Range

Along with financial statement analysis, the daily predictive indicators of Teck Resources help investors to analyze its daily demand and supply, volume, patterns, and price swings to determine the real value of Teck Resources Ltd. We use our internally-developed statistical techniques to arrive at the intrinsic value of Teck Resources Ltd based on widely used predictive technical indicators. In general, we focus on analyzing Teck Stock price patterns and their correlations with different microeconomic environment and drivers. We also apply predictive analytics to build Teck Resources's daily price indicators and compare them against related drivers.
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 closely tied with the direction of predictive economic indicators such as signals in main economic indicators.
You can also try the Sectors module to list of equity sectors categorizing publicly traded companies based on their primary business activities.
Is Diversified Metals & Mining space 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
(0.29)
Dividend Share
0.5
Earnings Share
2.08
Revenue Per Share
32.13
Quarterly Revenue Growth
0.437
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.