Teck Interest Expense from 2010 to 2026

TEKB Stock  EUR 50.08  1.41  2.90%   
Teck Resources' Interest Expense is increasing over the last several years with slightly volatile swings. Interest Expense is estimated to finish at about 935.8 M this year. Interest Expense is the cost incurred by an entity for borrowed funds, including loans, bonds, or lines of credit. View All Fundamentals
 
Interest Expense  
First Reported
2016-12-31
Previous Quarter
186 M
Current Value
170 M
Quarterly Volatility
72.9 M
 
Covid
 
Interest Hikes
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 Interest Expense of 935.8 M, Selling General Administrative of 273.5 M or Total Revenue of 11.7 B, as well as many indicators such as . Teck financial statements analysis is a perfect complement when working with Teck Resources Valuation or Volatility modules.
  
This module can also supplement various Teck Resources Technical models . Check out the analysis of Teck Resources Correlation against competitors.
The Interest Expense trend for Teck Resources Ltd offers valuable insights into the company's financial trajectory and strategic direction. By examining multi-year patterns, investors can identify whether Teck Resources is strengthening or weakening its position, and how this metric correlates with broader market conditions and industry benchmarks.

Latest Teck Resources' Interest Expense Growth Pattern

Below is the plot of the Interest Expense of Teck Resources Ltd over the last few years. It is the cost incurred by an entity for borrowed funds, including loans, bonds, or lines of credit. Teck Resources' Interest Expense 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.
Interest Expense10 Years Trend
Slightly volatile
   Interest Expense   
       Timeline  

Teck Interest Expense Regression Statistics

Arithmetic Mean171,121,324
Geometric Mean0.00
Coefficient Of Variation195.92
Mean Deviation245,729,239
Median5,000,000
Standard Deviation335,267,894
Sample Variance112404.6T
Range935.8M
R-Value0.70
Mean Square Error61966.7T
R-Squared0.48
Significance0
Slope46,150,123
Total Sum of Squares1798473T

Teck Interest Expense History

2026935.8 M
2025891.2 M
2024775 M
202311 M
202220 M
2021M
2020108 M

About Teck Resources Financial Statements

Teck Resources stakeholders use historical fundamental indicators, such as Teck Resources' Interest Expense, to determine how well the company is positioned to perform in the future. Although Teck Resources investors may analyze each financial statement separately, they are all interrelated. For example, changes in Teck Resources' assets and liabilities are reflected in the revenues and expenses on Teck Resources' income statement, which ultimately affect the company's gains or losses. Understanding these patterns can help in making the right long-term investment decisions in Teck Resources Ltd. Please read more on our technical analysis and fundamental analysis pages.
Last ReportedProjected for Next Year
Interest Expense891.2 M935.8 M

Currently Active Assets on Macroaxis

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 Optimization module to compute new portfolio that will generate highest expected return given your specified tolerance for risk.
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. Conversely, Teck Resources' market price signifies the transaction level at which participants voluntarily complete trades.