Teck Resources Financials
| TECK-B Stock | CAD 65.13 0.74 1.12% |
| Current Value | Last Year | Change From Last Year | 10 Year Trend | ||||||
|---|---|---|---|---|---|---|---|---|---|
| Debt Equity Ratio | 0.46 | 0.3717 |
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| Current Ratio | 1.04 | 1.0973 |
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Teck | Select Account or Indicator |
Understanding current and past Teck Resources Financials, including the trends in assets, liabilities, equity and income are directly related to making proper and timely investing decisions. All of Teck Resources' financial statements are interrelated, with each one affecting the others. For example, an increase in Teck Resources' assets may result in an increase in income on the income statement.
Please note, the presentation of Teck Resources' financial position, as portrayed in its financial statements, is often influenced by management's estimates, judgments, and sometimes even manipulations. In the best case, Teck Resources' management is honest, while the outside auditors are strict and uncompromising. Please utilize our Beneish M Score to check the likelihood of Teck Resources' management manipulating its earnings.
Teck Resources Stock Summary
Teck Resources competes with First Quantum, Nutrien, Lundin Mining, Wheaton Precious, and HudBay Minerals. Teck Resources Limited researches, explores for, develops, and produces natural resources in the Asia Pacific, the Americas, and Europe. The company was formerly known as Teck Cominco Limited and changed its name to Teck Resources Limited in April 2009. TECK RESOURCES operates under Other Industrial Metals Mining classification in Canada and is traded on Toronto Stock Exchange. It employs 10100 people.Specialization | Basic Materials, Other Industrial Metals & Mining |
| Instrument | Canada Stock View All |
| Exchange | Toronto Exchange |
| ISIN | CA8787422044 |
| Business Address | Bentall 5, Vancouver, |
| Sector | Metals & Mining |
| Industry | Materials |
| Benchmark | Dow Jones Industrial |
| Website | www.teck.com |
| Phone | 604 699 4000 |
| Currency | CAD - Canadian Dollar |
You should never invest in Teck Resources without having analyzed its financial statements. Do not rely on someone else's analysis or guesses about the future performance of Teck Stock, because this is throwing your money away. Analyzing the key information contained in Teck Resources' financial statements can give you an edge over other investors and help to ensure that your investments perform well for you.
Teck Resources Key Financial Ratios
Teck Resources' financial ratios allow both analysts and investors to convert raw data from Teck Resources' financial statements into concise, actionable information that can be used to evaluate the performance of Teck Resources over time and compare it to other companies across industries.| Return On Equity | 0.0441 | ||||
| Profit Margin | 0.03 % | ||||
| Operating Margin | 0.14 % | ||||
| Price To Sales | 2.02 X | ||||
| Revenue | 15.01 B |
Teck Resources Key Balance Sheet Accounts
| 2019 | 2020 | 2021 | 2022 | 2023 | 2024 (projected) | ||
| Total Assets | 39.4B | 41.3B | 47.4B | 52.4B | 56.2B | 59.0B | |
| Other Current Liab | 1.2B | 544M | 135M | 730M | 2.8B | 3.0B | |
| 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 | 2.9B | 3.3B | 4.4B | 2.3B | 1.2B | |
| Cash | 1.0B | 450M | 1.4B | 1.9B | 744M | 1.4B | |
| Net Receivables | 1.2B | 1.3B | 2.0B | 1.6B | 2.2B | 2.3B | |
| Inventory | 2.0B | 1.9B | 2.4B | 2.7B | 2.9B | 3.1B | |
| Other Current Assets | 331M | 352M | 299M | 540M | 585M | 614.3M | |
| Total Liab | 17.3B | 20.6B | 23.6B | 25.8B | 27.9B | 29.3B | |
| Total Current Assets | 4.5B | 4B | 6.1B | 8.3B | 6.5B | 3.8B | |
| Short Term Debt | 189M | 234M | 340M | 748M | 710M | 461.3M | |
| Common Stock | 6.3B | 6.1B | 6.2B | 6.1B | 6.5B | 6.7B | |
| Good Will | 1.1B | 1.1B | 1.1B | 1.1B | 1.1B | 1.0B | |
| Intangible Assets | 162M | 309M | 395M | 400M | 345M | 194.6M | |
| Other Liab | 8.9B | 9.7B | 10.8B | 10.7B | 12.3B | 9.5B | |
| Net Tangible Assets | 20.0B | 18.6B | 21.5B | 24.0B | 27.5B | 20.9B | |
| Other Assets | 975M | 1.1B | 1.2B | 950M | 1.1B | 967.2M | |
| Long Term Debt | 5.0B | 7.1B | 8.4B | 8.8B | 9.5B | 8.4B | |
| Short Long Term Debt | 29M | 115M | 213M | 616M | 515M | 714.6M | |
| Net Invested Capital | 26.4B | 27.2B | 31.6B | 34.9B | 37.0B | 33.1B |
Teck Resources Key Income Statement Accounts
An income statement is very similar to a cash flow statement, but instead of showing net revenue minus expenses, it only includes earnings before interest and taxes (EBIT). This number does not have all of the same line items that are on a cash flow statement, but it leaves out non-cash expenses like depreciation and amortization. For example, if you bought $100 worth of goods from Walmart (WMT) using your debit card that has an interest rate of 20%, then paid off the balance at the end of the month with a credit card that charges 30% interest, you would have an income statement showing EBIT of $80 because your expenses are lower than the amount that went into your pocket.
| 2019 | 2020 | 2021 | 2022 | 2023 | 2024 (projected) | ||
| Total Revenue | 11.9B | 8.9B | 13.5B | 17.3B | 15.0B | 15.8B | |
| Gross Profit | 4.6B | 3.3B | 1.3B | 5.1B | 8.6B | 2.6B | |
| Operating Income | 2.4B | 438M | 4.9B | 7.0B | 4.1B | 4.3B | |
| Ebit | 2.3B | 324M | 4.4B | 6.7B | 4.1B | 4.3B | |
| Ebitda | 4.0B | 1.9B | 6.1B | 8.5B | 6.2B | 6.5B | |
| Cost Of Revenue | 8.6B | 7.6B | 8.4B | 8.7B | 10.1B | 10.6B | |
| Income Before Tax | (468M) | (1.1B) | 4.5B | 6.6B | 3.9B | 4.1B | |
| Net Income | (588M) | (944M) | 2.9B | 3.3B | 2.4B | 2.5B | |
| Income Tax Expense | 120M | (192M) | 1.6B | 2.5B | 1.6B | 1.7B | |
| Interest Expense | 88M | 108M | 5M | 20M | 874M | 917.7M | |
| Research Development | 67M | 97M | 129M | 157M | 164M | 172.2M | |
| Minority Interest | 770M | 669M | (47M) | 19M | 101M | 190.6M | |
| Tax Provision | 120M | (192M) | 1.6B | 2.5B | 1.6B | 1.2B |
Teck Resources Key Cash Accounts
Cash flow analysis captures how much money flows into and out of Teck Resources. It measures of how well Teck is doing because it can show the actual money that comes into and out of the Company from sales instead of measuring expenses against revenue to determine earnings. You have to read the cash flow statement in three sections. The first section shows how much money Teck Resources brought in, usually known as net revenue or sales. This is different from earnings because it does not include expenses when determining net revenue for use on this part of the cash flow statement. Next, are operating activities, which show how much money Teck had leftover after paying for its expenses. This number can be calculated in two ways: by subtracting the total of all operating expenses from net revenue or by adding up changes to cash and other assets or liabilities on this part of the statement. The third section is about investing activities, which shows what Teck Resources has done with the money that it received from the sale of assets or what it spent to acquire new ones. This section can be broken down into two parts: investing in existing businesses (in other words, buying more stock) and investing in non-business activities like paying off debt or making acquisitions.
| 2019 | 2020 | 2021 | 2022 | 2023 | 2024 (projected) | ||
| Change In Cash | (708M) | (576M) | 977M | 456M | (1.1B) | (1.1B) | |
| Free Cash Flow | 16M | (2.1B) | 25M | 2.5B | (2.5B) | (2.3B) | |
| Depreciation | 1.6B | 1.5B | 1.6B | 1.7B | 2.1B | 2.2B | |
| Other Non Cash Items | 292M | 483M | 565M | (385M) | 4.8B | 5.0B | |
| Dividends Paid | 172M | 111M | 106M | 532M | 515M | 540.8M | |
| Capital Expenditures | 3.5B | 3.6B | 4.7B | 5.5B | 5.8B | 6.1B | |
| Net Income | (588M) | (944M) | 2.9B | 4.1B | 2.4B | 2.6B | |
| End Period Cash Flow | 1.0B | 450M | 1.4B | 1.9B | 744M | 1.4B | |
| Change To Inventory | 16M | 100M | (412M) | (421M) | (426M) | (404.7M) | |
| Investments | (98M) | (44M) | (106M) | (5.7B) | (5.2B) | (5.0B) | |
| Net Borrowings | (47M) | 2.2B | 1.3B | 7M | 8.1M | 8.5M | |
| Change To Netincome | 836M | 783M | 1.2B | 3.0B | 3.4B | 3.6B |
Teck Financial Ratios Relationships
Comparative valuation techniques use various fundamental indicators to help in determining Teck Resources's current stock value. Our valuation model uses many indicators to compare Teck Resources value to that of its competitors to determine the firm's financial worth. You can analyze the relationship between different fundamental ratios across Teck Resources competition to find correlations between indicators driving Teck Resources's intrinsic value. More Info.Teck Resources Limited is rated third in return on equity category among its peers. It is rated second in return on asset category among its peers reporting about 1.20 of Return On Asset per Return On Equity. At present, Teck Resources' Return On Equity is projected to increase slightly based on the last few years of reporting. Comparative valuation analysis is a catch-all model that can be used if you cannot value Teck Resources by discounting back its dividends or cash flows. This model doesn't attempt to find an intrinsic value for Teck Resources' Stock. Still, instead, it compares the stock's price multiples to a benchmark or nearest competition to determine if the stock is relatively undervalued or overvalued.Teck Resources Systematic Risk
Teck Resources' systematic risk plays a vital role in portfolio allocation when considering its stock to be added to a well-diversified portfolio. Teck Resources volatility which cannot be eliminated through diversification, requires returns over the risk-free rate. Over the long run, a well-diversified portfolio provides returns that match its exposure to systematic risk. In this case, investors face a trade-off between expected returns and systematic risk and, therefore, can only reduce a portfolio's exposure to systematic risk by sacrificing expected returns on the portfolio.
The function did not generate any output. Please change time horizon or modify your input parameters. The output start index for this execution was one with a total number of output elements of sixty. The Beta measures systematic risk based on how returns on Teck Resources correlated with the market. If Beta is less than 0 Teck Resources generally moves in the opposite direction as compared to the market. If Teck Resources Beta is about zero movement of price series is uncorrelated with the movement of the benchmark. if Beta is between zero and one Teck Resources is generally moves in the same direction as, but less than the movement of the market. For Beta = 1 movement of Teck Resources is generally in the same direction as the market. If Beta > 1 Teck Resources moves generally in the same direction as, but more than the movement of the benchmark.
Teck Resources Limited Total Assets Over Time
Today, most investors in Teck Resources Stock are looking for potential investment opportunities by analyzing not only static indicators but also various Teck Resources' growth ratios. Consistent increases or decreases in fundamental ratios usually indicate a possible pattern that can be successfully translated into profits. However, when comparing two companies, knowing each company's growth growth rates may not be enough to decide which company is a better investment. That's why investors frequently use static breakdown of Teck Resources growth as a starting point in their analysis.
Price Earnings To Growth Ratio |
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Teck Resources November 27, 2024 Opportunity Range
Along with financial statement analysis, the daily predictive indicators of Teck Resources help investors to analyze its daily demand and supply, volume, patterns, and price swings to determine the real value of Teck Resources Limited. We use our internally-developed statistical techniques to arrive at the intrinsic value of Teck Resources Limited based on widely used predictive technical indicators. In general, we focus on analyzing Teck Stock price patterns and their correlations with different microeconomic environment and drivers. We also apply predictive analytics to build Teck Resources's daily price indicators and compare them against related drivers.
| Downside Deviation | 2.52 | |||
| Information Ratio | (0.04) | |||
| Maximum Drawdown | 10.95 | |||
| Value At Risk | (4.27) | |||
| Potential Upside | 3.46 |
Complementary Tools for Teck Stock analysis
When running Teck Resources' price analysis, check to measure Teck Resources' market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Teck Resources is operating at the current time. Most of Teck Resources' value examination focuses on studying past and present price action to predict the probability of Teck Resources' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Teck Resources' price. Additionally, you may evaluate how the addition of Teck Resources to your portfolios can decrease your overall portfolio volatility.
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