Teck Historical Balance Sheet

TECK Stock  USD 46.68  0.44  0.95%   
Trend analysis of Teck Resources Ltd balance sheet accounts such as Total Stockholder Equity of 28.3 B, Property Plant And Equipment Net of 47.8 B, Net Debt of 10.9 B or Retained Earnings of 20.6 B provides information on Teck Resources' total assets, liabilities, and equity, which is the actual value of Teck Resources to its prevalent stockholders. By breaking down trends over time using Teck Resources balance sheet statements, investors will see what precisely the company owns and what it owes to creditors or other parties at the end of each accounting year.
 
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Housing Crash
 
Credit Downgrade
 
Yuan Drop
 
Covid
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.

Teck Resources Inventory

3.09 Billion

  
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.

About Teck Balance Sheet Analysis

Balance Sheet is a snapshot of the financial position of Teck Resources at a specified time, usually calculated after every quarter, six months, or one year. Teck Resources Balance Sheet has two main parts: assets and liabilities. Liabilities are the debts or obligations of Teck Resources and are divided into current liabilities and long term liabilities. An asset, on the other hand, is anything of value that can be converted into cash and which Teck currently owns. An asset can also be divided into two categories, current and non-current.

Teck Resources Balance Sheet Chart

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.

Total Assets

Total assets refers to the total amount of Teck Resources assets owned. Assets are items that have some economic value and are expended over time to create a benefit for the owner. These assets are usually recorded in Teck Resources books under different categories such as cash, marketable securities, accounts receivable,prepaid expenses, inventory, fixed assets, intangible assets, other assets, marketable securities, accounts receivable, prepaid expenses and others. The total value of all owned resources that are expected to provide future economic benefits to the business, including cash, investments, accounts receivable, inventory, property, plant, equipment, and intangible assets.

Total Current Liabilities

Total Current Liabilities is an item on Teck Resources balance sheet that include short term debt, accounts payable, accrued salaries payable, payroll taxes payable, accrued liabilities and other debts. Total Current Liabilities of Teck Resources Ltd are important to investors because some useful performance ratios such as Current Ratio and Quick Ratio require Total Current Liabilities to be accurate. The total amount of liabilities that a company is expected to pay within one year, including debts, accounts payable, and other short-term financial obligations.

Total Stockholder Equity

The total equity held by shareholders, calculated as the difference between a company's total assets and total liabilities. It represents the net value of the company owned by shareholders.

Liabilities And Stockholders Equity

The total of all liabilities and equity in the company, which should equal the company's total assets according to the accounting equation.

Capital Lease Obligations

Teck Resources capital lease obligations are the amount due for long-term lease agreements that are nearly equivalent to Teck Resources asset purchases. For example, Teck Resources can use a capital lease to finance the purchase of an asset without ever buying it. A capital lease gives companies such as Teck Resources control over an asset for a big portion of its life. The total obligations of a company under capital leases, which are lease agreements that transfer substantially all risks and rewards of ownership to the lessee.
Most accounts from Teck Resources' balance sheet are interrelated and interconnected. However, analyzing balance sheet 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 balance sheet 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 closely tied with the direction of predictive economic indicators such as signals in main economic indicators.
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.
 2021 2022 2023 2024 (projected)
Short and Long Term Debt Total9.3B10.0B11.1B11.6B
Total Assets47.4B52.4B56.2B59.0B

Teck Resources balance sheet Correlations

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Teck Resources Account Relationship Matchups

Teck Resources balance sheet Accounts

201920202021202220232024 (projected)
Total Assets39.4B41.3B47.4B52.4B56.2B59.0B
Short Long Term Debt Total5.7B7.9B9.3B10.0B11.1B11.6B
Other Current Liab1.2B1.5B1.6B3.1B1.7B1.7B
Total Current Liabilities2.8B3.2B3.8B5.9B5.9B6.2B
Total Stockholder Equity21.3B20.0B23.0B25.5B27.0B28.3B
Property Plant And Equipment Net31.4B33.6B37.4B40.1B45.6B47.8B
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
Non Current Assets Total34.9B37.3B41.3B44.1B49.7B52.2B
Non Currrent Assets Other764M782M998M173M1.1B1.2B
Cash And Short Term Investments1.0B450M1.4B1.9B744M1.4B
Net Receivables1.2B1.3B2.0B1.5B2.1B2.2B
Common Stock Shares Outstanding559.8M534.4M540.3M535.9M525.3M475.0M
Liabilities And Stockholders Equity39.4B41.3B47.4B52.4B56.2B59.0B
Non Current Liabilities Total14.5B17.3B19.8B20.0B22.0B23.1B
Inventory2.0B1.9B2.4B2.7B2.9B3.1B
Other Current Assets331M366M305M2.2B679M713.0M
Other Stockholder Equity219M242M253M207M213M202.4M
Total Liab17.3B20.6B23.6B25.8B27.9B29.3B
Property Plant And Equipment Gross31.4B33.6B58.3B62.7B68.9B72.3B
Total Current Assets4.5B4B6.1B8.3B6.5B3.8B
Accumulated Other Comprehensive Income309M247M202M1.1B693M727.7M
Short Term Debt189M234M340M748M710M461.3M
Common Stock Total Equity6.6B6.6B6.3B6.1B7.1B4.6B
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
Long Term Investments1.3B2.3B2.6B1.5B1.5B1.6B
Short Long Term Debt29M115M213M616M515M422.5M
Intangible Assets162M309M395M400M345M416.4M
Property Plant Equipment31.4B33.6B37.4B40.1B46.1B48.4B
Current Deferred Revenue67M46M(442M)30M27M34.4M

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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 closely tied with the direction of predictive economic indicators such as signals in main economic indicators.
You can also try the Transaction History module to view history of all your transactions and understand their impact on performance.
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.