Teekay Total Revenue vs Discontinued Operations 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 Total Revenue and its Discontinued Operations 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.

Total Revenue vs Discontinued Operations

Total Revenue vs Discontinued Operations Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Teekay Total Revenue account and Discontinued Operations. At this time, the significance of the direction appears to have very week relationship.
The correlation between Teekay's Total Revenue and Discontinued Operations is 0.21. Overlapping area represents the amount of variation of Total Revenue that can explain the historical movement of Discontinued Operations in the same time period over historical financial statements of Teekay, assuming nothing else is changed. The correlation between historical values of Teekay's Total Revenue and Discontinued Operations is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Total Revenue of Teekay are associated (or correlated) with its Discontinued Operations. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Discontinued Operations has no effect on the direction of Total Revenue i.e., Teekay's Total Revenue and Discontinued Operations go up and down completely randomly.

Correlation Coefficient

0.21
Relationship DirectionPositive 
Relationship StrengthVery Weak

Total Revenue

Total revenue comprises all receipts Teekay generated from the sale of its products or services. The total amount of income generated by the sale of goods or services related to the company's primary operations.

Discontinued Operations

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 Expenses41.4M57.6M57.6M54.7M
Cost Of Revenue732.2M897.2M884.3M1.0B

Teekay fundamental ratios Correlations

0.970.060.560.580.960.960.440.220.730.960.890.560.69-0.50.970.060.551.00.960.12-0.04-0.14-0.630.850.06
0.97-0.170.370.570.991.00.490.320.751.00.890.570.73-0.550.99-0.160.490.970.98-0.12-0.12-0.1-0.650.85-0.03
0.06-0.170.8-0.18-0.18-0.15-0.21-0.26-0.32-0.2-0.12-0.38-0.260.23-0.170.950.210.05-0.20.950.18-0.280.1-0.090.24
0.560.370.80.070.340.39-0.030.080.060.340.34-0.090.23-0.030.340.830.380.560.320.840.17-0.15-0.410.520.27
0.580.57-0.180.070.620.530.78-0.160.830.60.810.770.62-0.710.63-0.25-0.080.570.64-0.06-0.320.02-0.220.41-0.31
0.960.99-0.180.340.620.980.530.20.81.00.910.640.69-0.590.99-0.20.520.961.0-0.13-0.13-0.11-0.570.83-0.06
0.961.0-0.150.390.530.980.480.330.710.990.880.530.71-0.540.99-0.140.50.970.97-0.11-0.13-0.12-0.660.85-0.03
0.440.49-0.21-0.030.780.530.48-0.30.540.50.740.450.4-0.940.55-0.29-0.150.480.53-0.2-0.73-0.18-0.160.32-0.77
0.220.32-0.260.08-0.160.20.33-0.30.020.270.04-0.060.410.320.23-0.090.160.220.19-0.180.340.19-0.530.350.43
0.730.75-0.320.060.830.80.710.540.020.780.80.950.7-0.550.79-0.370.20.710.82-0.190.00.08-0.380.58-0.01
0.961.0-0.20.340.61.00.990.50.270.780.90.620.71-0.560.99-0.20.50.960.99-0.15-0.11-0.09-0.610.84-0.02
0.890.89-0.120.340.810.910.880.740.040.80.90.670.72-0.750.91-0.170.250.890.91-0.06-0.290.01-0.470.76-0.24
0.560.57-0.38-0.090.770.640.530.45-0.060.950.620.670.61-0.420.62-0.430.10.530.66-0.230.120.2-0.230.430.07
0.690.73-0.260.230.620.690.710.40.410.70.710.720.61-0.410.72-0.180.010.690.69-0.1-0.020.4-0.80.720.04
-0.5-0.550.23-0.03-0.71-0.59-0.54-0.940.32-0.55-0.56-0.75-0.42-0.41-0.60.290.09-0.54-0.60.210.790.150.26-0.460.8
0.970.99-0.170.340.630.990.990.550.230.790.990.910.620.72-0.6-0.180.50.970.99-0.12-0.16-0.13-0.610.81-0.08
0.06-0.160.950.83-0.25-0.2-0.14-0.29-0.09-0.37-0.2-0.17-0.43-0.180.29-0.180.20.05-0.210.970.23-0.22-0.110.010.29
0.550.490.210.38-0.080.520.5-0.150.160.20.50.250.10.010.090.50.20.540.50.180.23-0.27-0.160.30.33
1.00.970.050.560.570.960.970.480.220.710.960.890.530.69-0.540.970.050.540.960.11-0.1-0.15-0.640.850.0
0.960.98-0.20.320.641.00.970.530.190.820.990.910.660.69-0.60.99-0.210.50.96-0.14-0.13-0.1-0.560.82-0.06
0.12-0.120.950.84-0.06-0.13-0.11-0.2-0.18-0.19-0.15-0.06-0.23-0.10.21-0.120.970.180.11-0.140.25-0.16-0.070.030.3
-0.04-0.120.180.17-0.32-0.13-0.13-0.730.340.0-0.11-0.290.12-0.020.79-0.160.230.23-0.1-0.130.250.23-0.01-0.040.96
-0.14-0.1-0.28-0.150.02-0.11-0.12-0.180.190.08-0.090.010.20.40.15-0.13-0.22-0.27-0.15-0.1-0.160.23-0.210.160.19
-0.63-0.650.1-0.41-0.22-0.57-0.66-0.16-0.53-0.38-0.61-0.47-0.23-0.80.26-0.61-0.11-0.16-0.64-0.56-0.07-0.01-0.21-0.78-0.08
0.850.85-0.090.520.410.830.850.320.350.580.840.760.430.72-0.460.810.010.30.850.820.03-0.040.16-0.780.03
0.06-0.030.240.27-0.31-0.06-0.03-0.770.43-0.01-0.02-0.240.070.040.8-0.080.290.330.0-0.060.30.960.19-0.080.03
Click cells to compare fundamentals

Teekay Account Relationship Matchups

Teekay fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets8.1B6.9B6.5B2.2B2.2B2.1B
Short Long Term Debt Total4.9B3.8B1.0B597.4M227.2M215.8M
Other Current Liab(20.5M)670.5M3.0B83.1M76.5M72.7M
Total Current Liabilities1.3B877.9M3.3B215.7M172.8M164.2M
Total Stockholder Equity481.9M481.4M515.1M623.5M732.3M977.0M
Property Plant And Equipment Net5.0B4.5B1.4B1.3B1.2B1.2B
Net Debt4.5B3.5B896.2M287.5M(252.9M)(240.2M)
Retained Earnings(546.7M)(527.0M)(513.2M)(396.6M)(213.2M)(202.5M)
Accounts Payable420.4M119.3M41.1M47.4M34.0M32.3M
Cash353.2M348.8M109.0M309.9M480.1M421.7M
Non Current Assets Total7.2B6.2B1.4B1.3B1.3B1.2B
Non Currrent Assets Other233.4M137.1M25.9M25.6M21.3M20.3M
Cash And Short Term Investments353.2M348.8M109.0M519.9M652.7M441.4M
Net Receivables475.9M192.0M116.5M223.8M187.8M239.8M
Common Stock Shares Outstanding100.7M101.1M102.1M102.1M96.6M86.2M
Liabilities And Stockholders Equity8.1B6.9B6.5B2.2B2.2B2.1B
Non Current Liabilities Total4.2B3.6B770.4M579.6M223.5M212.3M
Other Current Assets589.7M369.3M4.9B19.2M28.2M26.8M
Other Stockholder Equity2.1B2.1B1.9B1.9B744.2M0.0
Total Liab5.5B4.5B4.1B795.2M396.3M376.5M
Property Plant And Equipment Gross5.0B4.5B1.4B1.3B1.8B1.7B
Total Current Assets894.6M721.1M5.1B826.7M921.9M985.9M
Accumulated Other Comprehensive Income(2.3M)(23.7M)(48.9M)(25.5M)(2.0M)0.0
Short Term Investments274.0M14.8M12.0M210M172.6M181.2M
Inventory(524.2M)73.3M(116.4M)60.8M53.2M55.9M
Short Term Debt874.7M113.3M318.9M100.2M58.9M56.0M
Common Stock1.1B1.1B1.1B1.0B945.5M724.4M
Other Liab154.2M198.1M72.5M63.5M73.0M69.4M
Other Assets637.2M137.1M25.9M25.6M120.8M114.8M
Long Term Debt2.3B3.3B683.6M472.6M543.5M516.3M
Property Plant Equipment5.0B4.5B1.4B1.3B1.5B1.4B
Good Will38.1M38.1M24.4M24.6M2.4M2.3M
Intangible Assets45.9M36.5M1.5M1.1M700K665K
Current Deferred Revenue42.2M34.5M852K1.7M3.4M3.2M
Net Tangible Assets397.9M481.4M515.1M623.5M561.1M504.8M
Long Term Investments1.7B1.6B25.0M16.2M15.7M14.9M
Short Long Term Debt592.0M421.8M307.3M81.3M73.2M69.5M
Long Term Debt Total4.0B3.3B692.3M472.6M425.3M404.1M
Capital Lease Obligations2.0B54.3M14.3M43.4M227.2M215.8M

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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.
You can also try the Sectors module to list of equity sectors categorizing publicly traded companies based on their primary business activities.
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.