Teck Property Plant And Equipment Net vs Total Liab Analysis

TECK Stock  USD 46.81  0.40  0.85%   
Teck Resources financial indicator trend analysis is much more than just breaking down Teck Resources prevalent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Teck Resources is a good investment. Please check the relationship between Teck Resources Property Plant And Equipment Net and its Total Liab accounts. Check out World Market Map to better understand how to build diversified portfolios, which includes a position in Teck Resources Ltd. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in main economic indicators.

Property Plant And Equipment Net vs Total Liab

Property Plant And Equipment Net vs Total Liab Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Teck Resources Property Plant And Equipment Net account and Total Liab. At this time, the significance of the direction appears to have almost identical trend.
The correlation between Teck Resources' Property Plant And Equipment Net and Total Liab is 0.98. Overlapping area represents the amount of variation of Property Plant And Equipment Net that can explain the historical movement of Total Liab in the same time period over historical financial statements of Teck Resources Ltd, assuming nothing else is changed. The correlation between historical values of Teck Resources' Property Plant And Equipment Net and Total Liab 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 Net of Teck Resources Ltd are associated (or correlated) with its Total Liab. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Total Liab has no effect on the direction of Property Plant And Equipment Net i.e., Teck Resources' Property Plant And Equipment Net and Total Liab go up and down completely randomly.

Correlation Coefficient

0.98
Relationship DirectionPositive 
Relationship StrengthVery Strong

Property Plant And Equipment Net

The total value of a company's physical assets (such as land, buildings, and equipment) used in operations, net of depreciation. It reflects the company's investment in assets used for production.

Total Liab

The total amount of all liabilities that a company has, including both short-term and long-term liabilities.
Most indicators from Teck Resources' fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Teck Resources 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 Teck Resources Ltd. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in main economic indicators.
At this time, Teck Resources' Selling General Administrative is quite stable compared to the past year. Enterprise Value Over EBITDA is expected to rise to 8.07 this year, although the value of Issuance Of Capital Stock will most likely fall to about 80.1 M.
 2021 2022 2023 2024 (projected)
Interest Expense5M20M191M191.3M
Depreciation And Amortization1.6B1.8B1.9B2.0B

Teck Resources fundamental ratios Correlations

0.890.70.910.990.990.860.980.830.041.00.20.040.890.580.980.990.54-0.140.990.850.610.670.470.620.77
0.890.480.780.820.880.920.780.860.150.880.160.150.840.570.960.860.43-0.110.940.720.590.620.370.610.54
0.70.480.850.690.720.580.770.31-0.280.710.27-0.280.420.050.60.730.86-0.250.680.790.380.740.20.110.79
0.910.780.850.860.920.830.910.7-0.170.910.23-0.160.750.220.840.920.74-0.160.910.910.450.830.270.270.83
0.990.820.690.860.970.780.980.790.070.980.180.070.860.630.940.980.51-0.120.950.80.630.610.50.670.76
0.990.880.720.920.970.890.970.82-0.071.00.29-0.070.870.530.970.980.53-0.210.980.850.530.660.430.570.81
0.860.920.580.830.780.890.780.8-0.250.890.44-0.250.810.350.90.830.48-0.360.910.780.320.620.260.410.72
0.980.780.770.910.980.970.780.74-0.020.970.22-0.020.830.50.910.980.56-0.150.940.860.570.670.430.540.81
0.830.860.310.70.790.820.80.740.110.820.150.110.920.630.870.770.34-0.090.850.640.540.470.450.660.53
0.040.15-0.28-0.170.07-0.07-0.25-0.020.11-0.05-0.731.00.060.490.090.05-0.150.650.02-0.160.62-0.020.230.43-0.48
1.00.880.710.910.981.00.890.970.82-0.050.26-0.050.880.540.970.980.53-0.190.980.850.550.660.440.590.8
0.20.160.270.230.180.290.440.220.15-0.730.26-0.730.17-0.130.190.20.16-0.980.20.24-0.35-0.07-0.1-0.080.41
0.040.15-0.28-0.160.07-0.07-0.25-0.020.111.0-0.05-0.730.060.490.090.05-0.150.650.03-0.160.62-0.020.230.43-0.48
0.890.840.420.750.860.870.810.830.920.060.880.170.060.590.910.860.31-0.090.90.790.550.460.560.630.7
0.580.570.050.220.630.530.350.50.630.490.54-0.130.490.590.630.520.030.10.550.180.740.080.610.990.16
0.980.960.60.840.940.970.90.910.870.090.970.190.090.910.630.950.46-0.130.990.80.620.620.480.680.69
0.990.860.730.920.980.980.830.980.770.050.980.20.050.860.520.950.56-0.150.970.870.610.690.440.560.77
0.540.430.860.740.510.530.480.560.34-0.150.530.16-0.150.310.030.460.56-0.20.550.640.440.710.160.070.56
-0.14-0.11-0.25-0.16-0.12-0.21-0.36-0.15-0.090.65-0.19-0.980.65-0.090.1-0.13-0.15-0.2-0.14-0.160.290.110.120.06-0.29
0.990.940.680.910.950.980.910.940.850.020.980.20.030.90.550.990.970.55-0.140.850.60.690.440.590.75
0.850.720.790.910.80.850.780.860.64-0.160.850.24-0.160.790.180.80.870.64-0.160.850.430.640.510.240.86
0.610.590.380.450.630.530.320.570.540.620.55-0.350.620.550.740.620.610.440.290.60.430.490.580.760.2
0.670.620.740.830.610.660.620.670.47-0.020.66-0.07-0.020.460.080.620.690.710.110.690.640.49-0.030.140.52
0.470.370.20.270.50.430.260.430.450.230.44-0.10.230.560.610.480.440.160.120.440.510.58-0.030.640.42
0.620.610.110.270.670.570.410.540.660.430.59-0.080.430.630.990.680.560.070.060.590.240.760.140.640.22
0.770.540.790.830.760.810.720.810.53-0.480.80.41-0.480.70.160.690.770.56-0.290.750.860.20.520.420.22
Click cells to compare fundamentals

Teck Resources Account Relationship Matchups

Teck Resources fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets39.4B41.3B47.4B52.4B56.2B59.0B
Short Long Term Debt Total5.7B7.9B9.3B10.0B11.1B11.6B
Other Current Liab1.2B1.5B1.6B3.1B1.7B1.8B
Total Current Liabilities2.8B3.2B3.8B5.9B5.9B6.2B
Total Stockholder Equity21.3B20.0B23.0B25.5B27.0B28.3B
Property Plant And Equipment Net31.4B33.6B37.4B40.1B45.6B47.8B
Net Debt4.7B7.4B7.9B8.1B10.3B10.9B
Retained Earnings14.4B13.4B16.3B18.1B19.6B20.6B
Accounts Payable1.3B1.4B1.7B1.9B2.3B2.4B
Cash1.0B450M1.4B1.9B744M1.4B
Non Current Assets Total34.9B37.3B41.3B44.1B49.7B52.2B
Non Currrent Assets Other764M782M998M173M1.1B1.2B
Cash And Short Term Investments1.0B450M1.4B1.9B744M1.4B
Net Receivables1.2B1.3B2.0B1.5B2.1B2.2B
Common Stock Shares Outstanding559.8M534.4M540.3M535.9M525.3M475.0M
Liabilities And Stockholders Equity39.4B41.3B47.4B52.4B56.2B59.0B
Non Current Liabilities Total14.5B17.3B19.8B20.0B22.0B23.1B
Inventory2.0B1.9B2.4B2.7B2.9B3.1B
Other Current Assets331M366M305M2.2B679M713.0M
Other Stockholder Equity219M242M253M207M213M202.4M
Total Liab17.3B20.6B23.6B25.8B27.9B29.3B
Property Plant And Equipment Gross31.4B33.6B58.3B62.7B68.9B72.3B
Total Current Assets4.5B4B6.1B8.3B6.5B3.8B
Accumulated Other Comprehensive Income309M247M202M1.1B693M727.7M
Short Term Debt189M234M340M748M710M461.3M
Common Stock Total Equity6.6B6.6B6.3B6.1B7.1B4.6B
Common Stock6.3B6.1B6.2B6.1B6.5B5.0B
Other Liab8.9B9.7B10.8B10.7B12.3B12.9B
Net Tangible Assets20.0B18.6B21.5B24.0B27.5B28.9B
Other Assets975M1.1B1.2B950M1.1B742.9M
Long Term Debt5.0B7.1B8.4B8.8B9.5B5.4B
Good Will1.1B1.1B1.1B1.1B1.1B1.0B
Long Term Investments1.3B2.3B2.6B1.5B1.5B1.6B
Short Long Term Debt29M115M213M616M515M422.5M
Intangible Assets162M309M395M400M345M416.4M
Property Plant Equipment31.4B33.6B37.4B40.1B46.1B48.4B
Current Deferred Revenue67M46M(442M)30M27M34.4M

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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 World Market Map to better understand how to build diversified portfolios, which includes a position in Teck Resources Ltd. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in main economic indicators.
You can also try the Fundamental Analysis module to view fundamental data based on most recent published financial statements.
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.