Teck Resources Ltd Stock Short Ratio
| TECK Stock | USD 44.99 0.39 0.86% |
Teck Resources Ltd fundamentals help investors to digest information that contributes to Teck Resources' financial success or failures. It also enables traders to predict the movement of Teck Stock. The fundamental analysis module provides a way to measure Teck Resources' intrinsic value by examining its available economic and financial indicators, including the cash flow records, the balance sheet account changes, the income statement patterns, and various microeconomic indicators and financial ratios related to Teck Resources stock.
Teck | Short Ratio |
Teck Resources Ltd Company Short Ratio Analysis
Teck Resources' Short Ratio is typically used by traders and speculators to identify trends in current market sentiment for a particular equity instrument. In its simple terms this ratio shows how many days it will take all current short sellers to cover their positions if the price of a stock begins to rise.
Current Teck Resources Short Ratio | 2.37 X |
Most of Teck Resources' fundamental indicators, such as Short Ratio, are part of a valuation analysis module that helps investors searching for stocks that are currently trading at higher or lower prices than their real value. If the real value is higher than the market price, Teck Resources Ltd is considered to be undervalued, and we provide a buy recommendation. Otherwise, we render a sell signal.
Teck Short Ratio Driver Correlations
Understanding the fundamental principles of building solid financial models for Teck Resources is extremely important. It helps to project a fair market value of Teck Stock properly, considering its historical fundamentals such as Short Ratio. Since Teck Resources' main accounts across its financial reports are all linked and dependent on each other, it is essential to analyze all possible correlations between related accounts. However, instead of reviewing all of Teck Resources' historical financial statements, investors can examine the correlated drivers to determine its overall health. This can be effectively done using a conventional correlation matrix of Teck Resources' interrelated accounts and indicators.
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The higher the Short Ratio, the longer it would take to buy back the borrowed shares. In theory, the more short positions are currently outstanding, the faster it will be to cover shorted positions.
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Teck Discontinued Operations
Discontinued Operations |
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Based on the latest financial disclosure, Teck Resources Ltd has a Short Ratio of 2.37 times. This is 40.75% lower than that of the Metals & Mining sector and significantly higher than that of the Materials industry. The short ratio for all United States stocks is 40.75% higher than that of the company.
Teck Short Ratio Peer Comparison
Stock peer comparison is one of the most widely used and accepted methods of equity analyses. It analyses Teck Resources' direct or indirect competition against its Short Ratio to detect undervalued stocks with similar characteristics or determine the stocks which would be a good addition to a portfolio. Peer analysis of Teck Resources could also be used in its relative valuation, which is a method of valuing Teck Resources by comparing valuation metrics of similar companies.Teck Resources is currently under evaluation in short ratio category among its peers.
Teck Resources Current Valuation Drivers
We derive many important indicators used in calculating different scores of Teck Resources from analyzing Teck Resources' financial statements. These drivers represent accounts that assess Teck Resources' ability to generate profits relative to its revenue, operating costs, and shareholders' equity. Below are some of Teck Resources' important valuation drivers and their relationship over time.
| 2019 | 2020 | 2021 | 2022 | 2023 | 2024 (projected) | ||
| Market Cap | 16.9B | 12.6B | 19.4B | 27.0B | 29.1B | 30.5B | |
| Enterprise Value | 20.7B | 17.3B | 27.3B | 35.1B | 39.4B | 41.4B |
Teck Resources ESG Sustainability
Some studies have found that companies with high sustainability scores are getting higher valuations than competitors with lower social-engagement activities. While most ESG disclosures are voluntary and do not directly affect the long term financial condition, Teck Resources' sustainability indicators can be used to identify proper investment strategies using environmental, social, and governance scores that are crucial to Teck Resources' managers, analysts, and investors.Environmental | Governance | Social |
Teck Resources Institutional Holders
Institutional Holdings refers to the ownership stake in Teck Resources that is held by large financial organizations, pension funds or endowments. Institutions may purchase large blocks of Teck Resources' outstanding shares and can exert considerable influence upon its management. Institutional holders may also work to push the share price higher once they own the stock. Extensive social media coverage, TV shows, articles in high-profile magazines, and presentations at investor conferences help move the stock higher, increasing Teck Resources' value.| Shares | Dimensional Fund Advisors, Inc. | 2024-06-30 | 6.4 M | Cibc Global Asset Management Inc | 2024-06-30 | 6.3 M | Goldman Sachs Group Inc | 2024-06-30 | 6.1 M | Td Asset Management Inc | 2024-09-30 | 5.9 M | Mackenzie Investments | 2024-06-30 | 5.9 M | Bank Of Montreal | 2024-06-30 | 5.4 M | Bmo Capital Markets Corp. | 2024-06-30 | 5.4 M | Bank Of America Corp | 2024-06-30 | 5.2 M | Amvescap Plc. | 2024-06-30 | 5.1 M | Fidelity International Ltd | 2024-06-30 | 19.3 M | Royal Bank Of Canada | 2024-06-30 | 18.4 M |
Teck Fundamentals
| Return On Equity | 0.0441 | |||
| Return On Asset | 0.0527 | |||
| Profit Margin | 0.03 % | |||
| Operating Margin | 0.14 % | |||
| Current Valuation | 24.65 B | |||
| Shares Outstanding | 504.7 M | |||
| Shares Owned By Insiders | 0.96 % | |||
| Shares Owned By Institutions | 77.60 % | |||
| Number Of Shares Shorted | 6.55 M | |||
| Price To Earning | 5.41 X | |||
| Price To Book | 1.30 X | |||
| Price To Sales | 1.39 X | |||
| Revenue | 15.01 B | |||
| Gross Profit | 8.57 B | |||
| EBITDA | 5.88 B | |||
| Net Income | 2.44 B | |||
| Cash And Equivalents | 2.64 B | |||
| Cash Per Share | 5.15 X | |||
| Total Debt | 11.09 B | |||
| Debt To Equity | 0.38 % | |||
| Current Ratio | 1.65 X | |||
| Book Value Per Share | 48.40 X | |||
| Cash Flow From Operations | 3.33 B | |||
| Short Ratio | 2.37 X | |||
| Earnings Per Share | 2.07 X | |||
| Price To Earnings To Growth | 2.02 X | |||
| Target Price | 67.25 | |||
| Number Of Employees | 12.6 K | |||
| Beta | 1.36 | |||
| Market Capitalization | 23.11 B | |||
| Total Asset | 56.19 B | |||
| Retained Earnings | 19.62 B | |||
| Working Capital | 573 M | |||
| Current Asset | 3.46 B | |||
| Current Liabilities | 1.24 B | |||
| Annual Yield | 0.01 % | |||
| Five Year Return | 0.84 % | |||
| Net Asset | 56.19 B | |||
| Last Dividend Paid | 0.5 |
About Teck Resources Fundamental Analysis
The Macroaxis Fundamental Analysis modules help investors analyze Teck Resources Ltd's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of Teck Resources using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of Teck Resources Ltd based on its fundamental data. In general, a quantitative approach, as applied to this company, focuses on analyzing financial statements comparatively, whereas a qaualitative method uses data that is important to a company's growth but cannot be measured and presented in a numerical way.
Please read more on our fundamental analysis page.
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Try AI Portfolio ArchitectCheck out Teck Resources Piotroski F Score and Teck Resources Altman Z Score analysis. You can also try the Portfolio Volatility module to check portfolio volatility and analyze historical return density to properly model market risk.
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 2.07 | 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.