Teekay Property Plant And Equipment Gross vs Common Stock Shares Outstanding Analysis
TK Stock | USD 6.32 0.03 0.48% |
Teekay financial indicator trend analysis is much more than just breaking down Teekay prevalent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Teekay is a good investment. Please check the relationship between Teekay Property Plant And Equipment Gross and its Common Stock Shares Outstanding accounts. Check out World Market Map to better understand how to build diversified portfolios, which includes a position in Teekay. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in industry. For more information on how to buy Teekay Stock please use our How to buy in Teekay Stock guide.
Property Plant And Equipment Gross vs Common Stock Shares Outstanding
Property Plant And Equipment Gross vs Common Stock Shares Outstanding Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Teekay Property Plant And Equipment Gross account and Common Stock Shares Outstanding. At this time, the significance of the direction appears to have strong contrarian relationship.
The correlation between Teekay's Property Plant And Equipment Gross and Common Stock Shares Outstanding is -0.6. Overlapping area represents the amount of variation of Property Plant And Equipment Gross that can explain the historical movement of Common Stock Shares Outstanding in the same time period over historical financial statements of Teekay, assuming nothing else is changed. The correlation between historical values of Teekay's Property Plant And Equipment Gross and Common Stock Shares Outstanding is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Property Plant And Equipment Gross of Teekay are associated (or correlated) with its Common Stock Shares Outstanding. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Common Stock Shares Outstanding has no effect on the direction of Property Plant And Equipment Gross i.e., Teekay's Property Plant And Equipment Gross and Common Stock Shares Outstanding go up and down completely randomly.
Correlation Coefficient | -0.6 |
Relationship Direction | Negative |
Relationship Strength | Weak |
Property Plant And Equipment Gross
Common Stock Shares Outstanding
The total number of shares of a company's common stock that are currently owned by all its shareholders.Most indicators from Teekay's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Teekay current financial condition. On the other hand, looking into the entire matrix of fundamental ratios indicators, 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 Teekay. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in industry. For more information on how to buy Teekay Stock please use our How to buy in Teekay Stock guide.The value of Selling General Administrative is expected to slide to about 54.7 M. The value of Tax Provision is estimated to slide to about 7.2 M
2021 | 2022 | 2023 | 2024 (projected) | Total Operating Expenses | 41.4M | 57.6M | 57.6M | 54.7M | Cost Of Revenue | 732.2M | 897.2M | 884.3M | 1.0B |
Teekay fundamental ratios Correlations
Click cells to compare fundamentals
Teekay Account Relationship Matchups
High Positive Relationship
High Negative Relationship
Teekay fundamental ratios Accounts
2019 | 2020 | 2021 | 2022 | 2023 | 2024 (projected) | ||
Total Assets | 8.1B | 6.9B | 6.5B | 2.2B | 2.2B | 2.1B | |
Short Long Term Debt Total | 4.9B | 3.8B | 1.0B | 597.4M | 227.2M | 215.8M | |
Other Current Liab | (20.5M) | 670.5M | 3.0B | 83.1M | 76.5M | 72.7M | |
Total Current Liabilities | 1.3B | 877.9M | 3.3B | 215.7M | 172.8M | 164.2M | |
Total Stockholder Equity | 481.9M | 481.4M | 515.1M | 623.5M | 732.3M | 977.0M | |
Property Plant And Equipment Net | 5.0B | 4.5B | 1.4B | 1.3B | 1.2B | 1.2B | |
Net Debt | 4.5B | 3.5B | 896.2M | 287.5M | (252.9M) | (240.2M) | |
Retained Earnings | (546.7M) | (527.0M) | (513.2M) | (396.6M) | (213.2M) | (202.5M) | |
Accounts Payable | 420.4M | 119.3M | 41.1M | 47.4M | 34.0M | 32.3M | |
Cash | 353.2M | 348.8M | 109.0M | 309.9M | 480.1M | 421.7M | |
Non Current Assets Total | 7.2B | 6.2B | 1.4B | 1.3B | 1.3B | 1.2B | |
Non Currrent Assets Other | 233.4M | 137.1M | 25.9M | 25.6M | 21.3M | 20.3M | |
Cash And Short Term Investments | 353.2M | 348.8M | 109.0M | 519.9M | 652.7M | 441.4M | |
Net Receivables | 475.9M | 192.0M | 116.5M | 223.8M | 187.8M | 239.8M | |
Common Stock Shares Outstanding | 100.7M | 101.1M | 102.1M | 102.1M | 96.6M | 86.2M | |
Liabilities And Stockholders Equity | 8.1B | 6.9B | 6.5B | 2.2B | 2.2B | 2.1B | |
Non Current Liabilities Total | 4.2B | 3.6B | 770.4M | 579.6M | 223.5M | 212.3M | |
Other Current Assets | 589.7M | 369.3M | 4.9B | 19.2M | 28.2M | 26.8M | |
Other Stockholder Equity | 2.1B | 2.1B | 1.9B | 1.9B | 744.2M | 0.0 | |
Total Liab | 5.5B | 4.5B | 4.1B | 795.2M | 396.3M | 376.5M | |
Property Plant And Equipment Gross | 5.0B | 4.5B | 1.4B | 1.3B | 1.8B | 1.7B | |
Total Current Assets | 894.6M | 721.1M | 5.1B | 826.7M | 921.9M | 985.9M | |
Accumulated Other Comprehensive Income | (2.3M) | (23.7M) | (48.9M) | (25.5M) | (2.0M) | 0.0 | |
Short Term Investments | 274.0M | 14.8M | 12.0M | 210M | 172.6M | 181.2M | |
Inventory | (524.2M) | 73.3M | (116.4M) | 60.8M | 53.2M | 55.9M | |
Short Term Debt | 874.7M | 113.3M | 318.9M | 100.2M | 58.9M | 56.0M | |
Common Stock | 1.1B | 1.1B | 1.1B | 1.0B | 945.5M | 724.4M | |
Other Liab | 154.2M | 198.1M | 72.5M | 63.5M | 73.0M | 69.4M | |
Other Assets | 637.2M | 137.1M | 25.9M | 25.6M | 120.8M | 114.8M | |
Long Term Debt | 2.3B | 3.3B | 683.6M | 472.6M | 543.5M | 516.3M | |
Property Plant Equipment | 5.0B | 4.5B | 1.4B | 1.3B | 1.5B | 1.4B | |
Good Will | 38.1M | 38.1M | 24.4M | 24.6M | 2.4M | 2.3M | |
Intangible Assets | 45.9M | 36.5M | 1.5M | 1.1M | 700K | 665K | |
Current Deferred Revenue | 42.2M | 34.5M | 852K | 1.7M | 3.4M | 3.2M | |
Net Tangible Assets | 397.9M | 481.4M | 515.1M | 623.5M | 561.1M | 504.8M | |
Long Term Investments | 1.7B | 1.6B | 25.0M | 16.2M | 15.7M | 14.9M | |
Short Long Term Debt | 592.0M | 421.8M | 307.3M | 81.3M | 73.2M | 69.5M | |
Long Term Debt Total | 4.0B | 3.3B | 692.3M | 472.6M | 425.3M | 404.1M | |
Capital Lease Obligations | 2.0B | 54.3M | 14.3M | 43.4M | 227.2M | 215.8M |
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Try AI Portfolio ArchitectCheck out World Market Map to better understand how to build diversified portfolios, which includes a position in Teekay. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in industry. For more information on how to buy Teekay Stock please use our How to buy in Teekay Stock guide.You can also try the Stock Tickers module to use high-impact, comprehensive, and customizable stock tickers that can be easily integrated to any websites.
Is Oil & Gas Storage & Transportation 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 Teekay. If investors know Teekay 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 Teekay 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 (0.23) | Earnings Share 1.51 | Revenue Per Share 14.064 | Quarterly Revenue Growth (0.12) | Return On Assets 0.1121 |
The market value of Teekay is measured differently than its book value, which is the value of Teekay that is recorded on the company's balance sheet. Investors also form their own opinion of Teekay's value that differs from its market value or its book value, called intrinsic value, which is Teekay's 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 Teekay's market value can be influenced by many factors that don't directly affect Teekay's 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 Teekay's value and its price as these two are different measures arrived at by different means. Investors typically determine if Teekay is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Teekay's 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.