Teck Historical Income Statement

TECK-B Stock

CAD 65.13 0.74 1.12%

Historical analysis of Teck Resources income statement accounts such as Operating Income of 4.3 B, Ebit of 4.3 B, EBITDA of 6.5 B or Cost Of Revenue of 10.6 B can show how well Teck Resources Limited performed in making a profits. Evaluating Teck Resources income statement over time to spot trends is a great complementary tool to traditional technical analysis and can indicate the direction of Teck Resources's future profits or losses.

Cash Flow Balance Sheet Income Statement

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Financial Statement Analysis is much more than just reviewing and examining Teck Resources latest accounting reports to predict its past. Macroaxis encourages investors to analyze financial statements over time for various trends across multiple indicators and accounts to determine whether Teck Resources is a good buy for the upcoming year.

Net Income Gross Profit

Check out World Market Map to better understand how to build diversified portfolios, which includes a position in Teck Resources Limited. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in board of governors.

About Teck Income Statement Analysis

Teck Resources Income Statement consists of revenues and expenses along with the resulting net income or loss. It represents the profit for the accounting period attributable to Teck Resources shareholders. The income statement also shows Teck investors and management if the firm made money during the period reported. The result of an income statement is the net income that is calculated after subtracting the expenses from revenue. It is essential to investors both as an absolute measure as well as earnings per share (i.e., EPS).

Teck Resources Income Statement Chart

At present, Teck Resources' Depreciation And Amortization is projected to increase significantly based on the last few years of reporting. The current year's Total Revenue is expected to grow to about 15.8 B, whereas Gross Profit is forecasted to decline to about 2.6 B.

Total Revenue Gross Profit Other Operating Expenses Ebitda

Total Revenue

Total revenue comprises all receipts Teck Resources 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.

Gross Profit

Gross profit is a required income statement account that reflects total revenue of Teck Resources Limited minus its cost of goods sold. It is profit before Teck Resources operating expenses, interest payments and taxes. Gross profit is also known as gross margin. The profit a company makes after deducting the costs associated with making and selling its products, or the costs associated with providing its services.

Other Operating Expenses

Other Operating Expenses is the expense which generally does not depend on sales or production quantities of Teck Resources. It is also known as Teck Resources overhead expenses. Typically these expenses include marketing, rent and utilities, office, leases, and other overhead cost. Expenses incurred from non-core business activities, including administrative and general expenses, but excluding costs directly related to production.

Most accounts from Teck Resources' income statement are interrelated and interconnected. However, analyzing income statement accounts 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 income statement accounts, 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 Limited. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in board of governors.

	2021	2022	2023	2024 (projected)
Total Revenue	13.5B	17.3B	15.0B	15.8B
Depreciation And Amortization	1.6B	1.8B	2.1B	2.2B

Total Revenue Depreciation And Amortization

Teck Resources income statement Correlations

	Depreciation And Amortization	Total Revenue	Gross Profit	Other Operating Expenses	Operating Income	Ebit	Ebitda	Cost Of Revenue	Total Operating Expenses	Income Before Tax	Total Other Income Expense Net	Net Income	Income Tax Expense	Interest Expense	Research Development	Selling General Administrative	Selling And Marketing Expenses	Net Income From Continuing Ops	Minority Interest	Non Recurring	Tax Provision	Net Interest Income	Interest Income	Reconciled Depreciation	Discontinued Operations
Depreciation And Amortization		0.84	0.44	0.95	0.42	0.49	0.66	0.94	0.6	0.35	-0.1	0.31	0.43	-0.06	0.64	0.57	-0.54	0.21	0.0	-0.11	0.4	0.73	0.64	0.68	-0.58
Total Revenue	0.84		0.8	0.92	0.76	0.86	0.94	0.91	0.64	0.69	0.11	0.64	0.76	-0.04	0.74	0.69	-0.43	0.52	-0.25	-0.26	0.65	0.76	0.59	0.63	-0.66
Gross Profit	0.44	0.8		0.55	0.87	0.93	0.91	0.51	0.65	0.82	0.28	0.76	0.85	-0.23	0.58	0.75	0.01	0.76	-0.43	-0.33	0.8	0.67	0.27	0.39	-0.54
Other Operating Expenses	0.95	0.92	0.55		0.5	0.59	0.74	0.99	0.62	0.4	-0.11	0.35	0.48	-0.06	0.65	0.53	-0.48	0.22	-0.02	-0.11	0.4	0.66	0.59	0.63	-0.56
Operating Income	0.42	0.76	0.87	0.5		0.93	0.9	0.48	0.38	0.96	0.59	0.94	0.96	-0.01	0.57	0.67	-0.23	0.89	-0.42	-0.68	0.73	0.67	0.4	0.43	-0.52
Ebit	0.49	0.86	0.93	0.59	0.93		0.98	0.57	0.48	0.91	0.39	0.87	0.94	0.03	0.69	0.72	-0.29	0.78	-0.51	-0.39	0.82	0.68	0.45	0.5	-0.63
Ebitda	0.66	0.94	0.91	0.74	0.9	0.98		0.72	0.56	0.87	0.31	0.82	0.92	0.01	0.75	0.76	-0.38	0.73	-0.44	-0.36	0.8	0.76	0.54	0.59	-0.68
Cost Of Revenue	0.94	0.91	0.51	0.99	0.48	0.57	0.72		0.53	0.39	-0.09	0.36	0.47	-0.02	0.62	0.49	-0.5	0.2	-0.03	-0.12	0.36	0.62	0.59	0.62	-0.52
Total Operating Expenses	0.6	0.64	0.65	0.62	0.38	0.48	0.56	0.53		0.28	-0.25	0.16	0.36	-0.4	0.49	0.62	0.03	0.24	0.07	-0.02	0.46	0.65	0.28	0.39	-0.58
Income Before Tax	0.35	0.69	0.82	0.4	0.96	0.91	0.87	0.39	0.28		0.72	0.99	0.99	0.08	0.55	0.69	-0.27	0.94	-0.63	-0.6	0.82	0.6	0.39	0.4	-0.54
Total Other Income Expense Net	-0.1	0.11	0.28	-0.11	0.59	0.39	0.31	-0.09	-0.25	0.72		0.78	0.64	0.22	0.06	0.27	-0.14	0.76	-0.58	-0.66	0.42	0.08	0.11	0.02	-0.15
Net Income	0.31	0.64	0.76	0.35	0.94	0.87	0.82	0.36	0.16	0.99	0.78		0.96	0.11	0.49	0.62	-0.28	0.93	-0.64	-0.62	0.77	0.54	0.37	0.36	-0.46
Income Tax Expense	0.43	0.76	0.85	0.48	0.96	0.94	0.92	0.47	0.36	0.99	0.64	0.96		0.11	0.64	0.75	-0.35	0.91	-0.6	-0.57	0.85	0.67	0.47	0.5	-0.64
Interest Expense	-0.06	-0.04	-0.23	-0.06	-0.01	0.03	0.01	-0.02	-0.4	0.08	0.22	0.11	0.11		0.34	0.05	-0.74	-0.04	-0.13	-0.06	-0.01	-0.09	0.62	0.5	-0.42
Research Development	0.64	0.74	0.58	0.65	0.57	0.69	0.75	0.62	0.49	0.55	0.06	0.49	0.64	0.34		0.69	-0.61	0.35	-0.18	-0.21	0.53	0.78	0.64	0.8	-0.77
Selling General Administrative	0.57	0.69	0.75	0.53	0.67	0.72	0.76	0.49	0.62	0.69	0.27	0.62	0.75	0.05	0.69		-0.31	0.7	-0.47	-0.31	0.81	0.77	0.53	0.72	-0.81
Selling And Marketing Expenses	-0.54	-0.43	0.01	-0.48	-0.23	-0.29	-0.38	-0.5	0.03	-0.27	-0.14	-0.28	-0.35	-0.74	-0.61	-0.31		-0.11	0.12	0.13	-0.25	-0.41	-0.87	-0.74	0.66
Net Income From Continuing Ops	0.21	0.52	0.76	0.22	0.89	0.78	0.73	0.2	0.24	0.94	0.76	0.93	0.91	-0.04	0.35	0.7	-0.11		-0.67	-0.62	0.84	0.57	0.28	0.31	-0.46
Minority Interest	0.0	-0.25	-0.43	-0.02	-0.42	-0.51	-0.44	-0.03	0.07	-0.63	-0.58	-0.64	-0.6	-0.13	-0.18	-0.47	0.12	-0.67		-0.02	-0.77	-0.15	-0.09	-0.11	0.32
Non Recurring	-0.11	-0.26	-0.33	-0.11	-0.68	-0.39	-0.36	-0.12	-0.02	-0.6	-0.66	-0.62	-0.57	-0.06	-0.21	-0.31	0.13	-0.62	-0.02		-0.19	-0.37	-0.2	-0.23	0.18
Tax Provision	0.4	0.65	0.8	0.4	0.73	0.82	0.8	0.36	0.46	0.82	0.42	0.77	0.85	-0.01	0.53	0.81	-0.25	0.84	-0.77	-0.19		0.68	0.42	0.49	-0.68
Net Interest Income	0.73	0.76	0.67	0.66	0.67	0.68	0.76	0.62	0.65	0.6	0.08	0.54	0.67	-0.09	0.78	0.77	-0.41	0.57	-0.15	-0.37	0.68		0.57	0.72	-0.67
Interest Income	0.64	0.59	0.27	0.59	0.4	0.45	0.54	0.59	0.28	0.39	0.11	0.37	0.47	0.62	0.64	0.53	-0.87	0.28	-0.09	-0.2	0.42	0.57		0.89	-0.81
Reconciled Depreciation	0.68	0.63	0.39	0.63	0.43	0.5	0.59	0.62	0.39	0.4	0.02	0.36	0.5	0.5	0.8	0.72	-0.74	0.31	-0.11	-0.23	0.49	0.72	0.89		-0.85
Discontinued Operations	-0.58	-0.66	-0.54	-0.56	-0.52	-0.63	-0.68	-0.52	-0.58	-0.54	-0.15	-0.46	-0.64	-0.42	-0.77	-0.81	0.66	-0.46	0.32	0.18	-0.68	-0.67	-0.81	-0.85

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Teck Resources Account Relationship Matchups

Teck Resources income statement Accounts

	2019	2020	2021	2022	2023	2024 (projected)
Depreciation And Amortization	1.7B	1.6B	1.6B	1.8B	2.1B	2.2B
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
Other Operating Expenses	9.5B	8.5B	8.9B	10.4B	10.9B	11.4B
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
Total Operating Expenses	891M	904M	534M	1.7B	756M	551.6M
Income Before Tax	(468M)	(1.1B)	4.5B	6.6B	3.9B	4.1B
Total Other Income Expense Net	(2.9B)	(1.6B)	(318M)	(421M)	(179M)	(188.0M)
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
Selling General Administrative	165M	179M	299M	472M	424M	251.3M
Net Income From Continuing Ops	(588M)	(944M)	2.9B	4.1B	2.3B	1.3B
Net Income Applicable To Common Shares	(605M)	(864M)	2.9B	3.3B	3.8B	4.0B
Minority Interest	770M	669M	(47M)	19M	101M	190.6M
Tax Provision	120M	(192M)	1.6B	2.5B	1.6B	1.2B
Reconciled Depreciation	1.6B	1.5B	1.6B	1.7B	1.9B	1.8B

Pair Trading with Teck Resources

One of the main advantages of trading using pair correlations is that every trade hedges away some risk. Because there are two separate transactions required, even if Teck Resources position performs unexpectedly, the other equity can make up some of the losses. Pair trading also minimizes risk from directional movements in the market. For example, if an entire industry or sector drops because of unexpected headlines, the short position in Teck Resources will appreciate offsetting losses from the drop in the long position's value.

The ability to find closely correlated positions to Teck Resources could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Teck Resources when you sell it. If you don't do this, your portfolio allocation will be skewed against your target asset allocation. So, investors can't just sell and buy back Teck Resources - that would be a violation of the tax code under the "wash sale" rule, and this is why you need to find a similar enough asset and use the proceeds from selling Teck Resources Limited to buy it.

The correlation of Teck Resources is a statistical measure of how it moves in relation to other instruments. This measure is expressed in what is known as the correlation coefficient, which ranges between -1 and +1. A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as Teck Resources moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Teck Resources moves in either direction, the perfectly negatively correlated security will move in the opposite direction. If the correlation is 0, the equities are not correlated; they are entirely random. A correlation greater than 0.8 is generally described as strong, whereas a correlation less than 0.5 is generally considered weak.

Correlation analysis and pair trading evaluation for Teck Resources can also be used as hedging techniques within a particular sector or industry or even over random equities to generate a better risk-adjusted return on your portfolios.

Pair Correlation Correlation Matching

Other Information on Investing in Teck Stock

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Teck Historical Income Statement

About Teck Income Statement Analysis

Teck Resources Income Statement Chart

Total Revenue

Gross Profit

Other Operating Expenses

Teck Resources income statement Correlations

Teck Resources Account Relationship Matchups

High Positive Relationship

High Negative Relationship

Teck Resources income statement Accounts

Pair Trading with Teck Resources

Other Information on Investing in Teck Stock

COMMON DESTINATIONS

MAIN CATEGORIES

COMPANY

Cost Of Revenue	+ 0.99	Other Operating Expenses
Net Income	+ 0.99	Income Before Tax
Income Tax Expense	+ 0.99	Income Before Tax
Ebitda	+ 0.98	Ebit
Income Before Tax	+ 0.96	Operating Income
Income Tax Expense	+ 0.96	Operating Income

Interest Income	- 0.87	Selling And Marketing Expenses
Discontinued Operations	- 0.85	Reconciled Depreciation
Discontinued Operations	- 0.81	Interest Income
Discontinued Operations	- 0.81	Selling General Administrative
Tax Provision	- 0.77	Minority Interest
Discontinued Operations	- 0.77	Research Development