Teck Other Current Assets from 2010 to 2024

TECK Stock  USD 47.10  0.29  0.62%   
Teck Resources Other Current Assets yearly trend continues to be quite stable with very little volatility. Other Current Assets may rise above about 713 M this year. Other Current Assets is assets expected to be converted into cash, sold, or consumed either in one year or in the operating cycle, which are not included under standard current asset categories. View All Fundamentals
 
Other Current Assets  
First Reported
1993-03-31
Previous Quarter
807 M
Current Value
474 M
Quarterly Volatility
290.2 M
 
Dot-com Bubble
 
Housing Crash
 
Credit Downgrade
 
Yuan Drop
 
Covid
Check Teck Resources financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Teck Resources' main balance sheet or income statement drivers, such as Depreciation And Amortization of 2 B, Interest Expense of 191.3 M or Selling General Administrative of 332.9 M, as well as many indicators such as Price To Sales Ratio of 1.94, Dividend Yield of 0.0195 or PTB Ratio of 1.25. Teck financial statements analysis is a perfect complement when working with Teck Resources Valuation or Volatility modules.
  
Check out the analysis of Teck Resources Correlation against competitors.

Latest Teck Resources' Other Current Assets Growth Pattern

Below is the plot of the Other Current Assets of Teck Resources Ltd over the last few years. It is assets expected to be converted into cash, sold, or consumed either in one year or in the operating cycle, which are not included under standard current asset categories. Teck Resources' Other Current Assets historical data analysis aims to capture in quantitative terms the overall pattern of either growth or decline in Teck Resources' overall financial position and show how it may be relating to other accounts over time.
Other Current Assets10 Years Trend
Slightly volatile
   Other Current Assets   
       Timeline  

Teck Other Current Assets Regression Statistics

Arithmetic Mean388,023,333
Geometric Mean0.00
Coefficient Of Variation140.27
Mean Deviation323,450,667
Median260,000,000
Standard Deviation544,273,438
Sample Variance296233.6T
Range2.2B
R-Value0.63
Mean Square Error193702.7T
R-Squared0.39
Significance0.01
Slope76,278,036
Total Sum of Squares4147270.1T

Teck Other Current Assets History

2024713 M
2023679 M
20222.2 B
2021305 M
2020366 M
2019331 M
2018260 M

About Teck Resources Financial Statements

Teck Resources investors utilize fundamental indicators, such as Other Current Assets, to predict how Teck Stock might perform in the future. Analyzing these trends over time helps investors make informed market timing decisions. For further insights, please visit our fundamental analysis page.
Last ReportedProjected for Next Year
Other Current Assets679 M713 M

Building efficient market-beating portfolios requires time, education, and a lot of computing power!

The Portfolio Architect is an AI-driven system that provides multiple benefits to our users by leveraging cutting-edge machine learning algorithms, statistical analysis, and predictive modeling to automate the process of asset selection and portfolio construction, saving time and reducing human error for individual and institutional investors.

Try AI Portfolio Architect
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 the analysis of Teck Resources Correlation against competitors.
You can also try the Portfolio Suggestion module to get suggestions outside of your existing asset allocation including your own model portfolios.
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.