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.
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 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
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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 Total | 9.3B | 10.0B | 11.1B | 11.6B | Total Assets | 47.4B | 52.4B | 56.2B | 59.0B |
Teck Resources balance sheet Correlations
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Teck Resources Account Relationship Matchups
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Teck Resources balance sheet Accounts
2019 | 2020 | 2021 | 2022 | 2023 | 2024 (projected) | ||
Total Assets | 39.4B | 41.3B | 47.4B | 52.4B | 56.2B | 59.0B | |
Short Long Term Debt Total | 5.7B | 7.9B | 9.3B | 10.0B | 11.1B | 11.6B | |
Other Current Liab | 1.2B | 1.5B | 1.6B | 3.1B | 1.7B | 1.7B | |
Total Current Liabilities | 2.8B | 3.2B | 3.8B | 5.9B | 5.9B | 6.2B | |
Total Stockholder Equity | 21.3B | 20.0B | 23.0B | 25.5B | 27.0B | 28.3B | |
Property Plant And Equipment Net | 31.4B | 33.6B | 37.4B | 40.1B | 45.6B | 47.8B | |
Net Debt | 4.7B | 7.4B | 7.9B | 8.1B | 10.3B | 10.9B | |
Retained Earnings | 14.4B | 13.4B | 16.3B | 18.1B | 19.6B | 20.6B | |
Accounts Payable | 1.3B | 1.4B | 1.7B | 1.9B | 2.3B | 2.4B | |
Cash | 1.0B | 450M | 1.4B | 1.9B | 744M | 1.4B | |
Non Current Assets Total | 34.9B | 37.3B | 41.3B | 44.1B | 49.7B | 52.2B | |
Non Currrent Assets Other | 764M | 782M | 998M | 173M | 1.1B | 1.2B | |
Cash And Short Term Investments | 1.0B | 450M | 1.4B | 1.9B | 744M | 1.4B | |
Net Receivables | 1.2B | 1.3B | 2.0B | 1.5B | 2.1B | 2.2B | |
Common Stock Shares Outstanding | 559.8M | 534.4M | 540.3M | 535.9M | 525.3M | 475.0M | |
Liabilities And Stockholders Equity | 39.4B | 41.3B | 47.4B | 52.4B | 56.2B | 59.0B | |
Non Current Liabilities Total | 14.5B | 17.3B | 19.8B | 20.0B | 22.0B | 23.1B | |
Inventory | 2.0B | 1.9B | 2.4B | 2.7B | 2.9B | 3.1B | |
Other Current Assets | 331M | 366M | 305M | 2.2B | 679M | 713.0M | |
Other Stockholder Equity | 219M | 242M | 253M | 207M | 213M | 202.4M | |
Total Liab | 17.3B | 20.6B | 23.6B | 25.8B | 27.9B | 29.3B | |
Property Plant And Equipment Gross | 31.4B | 33.6B | 58.3B | 62.7B | 68.9B | 72.3B | |
Total Current Assets | 4.5B | 4B | 6.1B | 8.3B | 6.5B | 3.8B | |
Accumulated Other Comprehensive Income | 309M | 247M | 202M | 1.1B | 693M | 727.7M | |
Short Term Debt | 189M | 234M | 340M | 748M | 710M | 461.3M | |
Common Stock Total Equity | 6.6B | 6.6B | 6.3B | 6.1B | 7.1B | 4.6B | |
Common Stock | 6.3B | 6.1B | 6.2B | 6.1B | 6.5B | 5.0B | |
Other Liab | 8.9B | 9.7B | 10.8B | 10.7B | 12.3B | 12.9B | |
Net Tangible Assets | 20.0B | 18.6B | 21.5B | 24.0B | 27.5B | 28.9B | |
Other Assets | 975M | 1.1B | 1.2B | 950M | 1.1B | 742.9M | |
Long Term Debt | 5.0B | 7.1B | 8.4B | 8.8B | 9.5B | 5.4B | |
Good Will | 1.1B | 1.1B | 1.1B | 1.1B | 1.1B | 1.0B | |
Long Term Investments | 1.3B | 2.3B | 2.6B | 1.5B | 1.5B | 1.6B | |
Short Long Term Debt | 29M | 115M | 213M | 616M | 515M | 422.5M | |
Intangible Assets | 162M | 309M | 395M | 400M | 345M | 416.4M | |
Property Plant Equipment | 31.4B | 33.6B | 37.4B | 40.1B | 46.1B | 48.4B | |
Current Deferred Revenue | 67M | 46M | (442M) | 30M | 27M | 34.4M |
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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.