Teekay Short Term Debt vs Cash And Short Term Investments Analysis

TK Stock

USD 8.57 0.51 6.33%

Teekay financial indicator trend analysis is much more than just breaking down Teekay prevalent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Teekay is a good investment. Please check the relationship between Teekay Short Term Debt and its Cash And Short Term Investments accounts. Check out World Market Map to better understand how to build diversified portfolios, which includes a position in Teekay. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in industry.

For more information on how to buy Teekay Stock please use our How to buy in Teekay Stock guide.

Short Term Debt vs Cash And Short Term Investments

Short Term Debt vs Cash And Short Term Investments Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Teekay Short Term Debt account and Cash And Short Term Investments. At this time, the significance of the direction appears to have weak relationship.

The correlation between Teekay's Short Term Debt and Cash And Short Term Investments is 0.39. Overlapping area represents the amount of variation of Short Term Debt that can explain the historical movement of Cash And Short Term Investments in the same time period over historical financial statements of Teekay, assuming nothing else is changed. The correlation between historical values of Teekay's Short Term Debt and Cash And Short Term Investments is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Short Term Debt of Teekay are associated (or correlated) with its Cash And Short Term Investments. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Cash And Short Term Investments has no effect on the direction of Short Term Debt i.e., Teekay's Short Term Debt and Cash And Short Term Investments go up and down completely randomly.

Correlation Coefficient

0.39

Relationship Direction	Positive
Relationship Strength	Very Weak

View All Relationships

Short Term Debt

Cash And Short Term Investments

Short Term Investments is an account in the current assets section of Teekay balance sheet. This account contains Teekay investments that will expire within one year. These investments include stocks and bonds that can be liquidated by Teekay fairly quickly. The sum of a company's cash on hand, including bank deposits and short-term, highly liquid investments that are easily convertible to known amounts of cash.

Most indicators from Teekay's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Teekay 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 Teekay. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in industry.

For more information on how to buy Teekay Stock please use our How to buy in Teekay Stock guide.The value of Selling General Administrative is expected to slide to about 54.7 M. The value of Tax Provision is estimated to slide to about 7.2 M

	2021	2022	2023	2024 (projected)
Total Operating Expenses	41.4M	57.6M	57.6M	54.7M
Cost Of Revenue	732.2M	897.2M	884.3M	1.0B

Total Operating Expenses Cost Of Revenue

Teekay fundamental ratios Correlations

	Total Assets	Short Long Term Debt Total	Other Current Liab	Total Current Liabilities	Total Stockholder Equity	Property Plant And Equipment Net	Net Debt	Retained Earnings	Accounts Payable	Cash	Non Current Assets Total	Non Currrent Assets Other	Cash And Short Term Investments	Net Receivables	Common Stock Shares Outstanding	Non Current Liabilities Total	Other Current Assets	Other Stockholder Equity	Total Liab	Property Plant And Equipment Gross	Total Current Assets	Common Stock Total Equity	Short Term Investments	Inventory	Short Term Debt	Common Stock
Total Assets		0.97	0.09	0.56	0.59	0.96	0.96	0.44	0.06	0.74	0.96	0.89	0.56	0.7	-0.51	0.96	0.06	0.77	1.0	0.96	0.12	-0.04	-0.13	-0.63	0.87	0.06
Short Long Term Debt Total	0.97		-0.15	0.37	0.57	0.99	1.0	0.49	0.12	0.75	0.99	0.89	0.57	0.72	-0.56	0.99	-0.16	0.69	0.97	0.98	-0.12	-0.12	-0.1	-0.65	0.87	-0.03
Other Current Liab	0.09	-0.15		0.82	-0.09	-0.15	-0.13	-0.12	-0.14	-0.27	-0.18	-0.05	-0.33	-0.16	0.13	-0.14	0.97	0.2	0.08	-0.17	0.98	0.11	-0.23	0.02	-0.05	0.16
Total Current Liabilities	0.56	0.37	0.82		0.07	0.34	0.39	-0.03	0.11	0.06	0.33	0.35	-0.09	0.28	-0.03	0.34	0.83	0.5	0.56	0.32	0.84	0.17	-0.15	-0.41	0.51	0.27
Total Stockholder Equity	0.59	0.57	-0.09	0.07		0.63	0.54	0.78	-0.42	0.83	0.6	0.8	0.77	0.58	-0.71	0.63	-0.22	0.3	0.58	0.64	-0.06	-0.32	0.02	-0.22	0.35	-0.31
Property Plant And Equipment Net	0.96	0.99	-0.15	0.34	0.63		0.98	0.53	0.01	0.8	1.0	0.91	0.64	0.68	-0.6	0.99	-0.19	0.72	0.96	1.0	-0.13	-0.13	-0.11	-0.57	0.85	-0.06
Net Debt	0.96	1.0	-0.13	0.39	0.54	0.98		0.48	0.14	0.71	0.99	0.88	0.53	0.71	-0.54	0.99	-0.14	0.69	0.97	0.97	-0.11	-0.13	-0.12	-0.66	0.88	-0.03
Retained Earnings	0.44	0.49	-0.12	-0.03	0.78	0.53	0.48		-0.56	0.54	0.5	0.74	0.45	0.34	-0.94	0.55	-0.27	0.12	0.48	0.53	-0.2	-0.73	-0.18	-0.16	0.28	-0.77
Accounts Payable	0.06	0.12	-0.14	0.11	-0.42	0.01	0.14	-0.56		-0.19	0.08	-0.18	-0.25	0.2	0.58	0.03	0.01	0.08	0.06	-0.01	-0.06	0.5	0.0	-0.18	0.15	0.61
Cash	0.74	0.75	-0.27	0.06	0.83	0.8	0.71	0.54	-0.19		0.79	0.8	0.95	0.67	-0.55	0.79	-0.35	0.5	0.72	0.82	-0.19	0.0	0.08	-0.38	0.56	-0.01
Non Current Assets Total	0.96	0.99	-0.18	0.33	0.6	1.0	0.99	0.5	0.08	0.79		0.9	0.62	0.71	-0.57	0.99	-0.2	0.7	0.96	0.99	-0.15	-0.11	-0.09	-0.6	0.87	-0.02
Non Currrent Assets Other	0.89	0.89	-0.05	0.35	0.8	0.91	0.88	0.74	-0.18	0.8	0.9		0.66	0.69	-0.75	0.92	-0.15	0.57	0.9	0.91	-0.05	-0.29	0.0	-0.47	0.76	-0.24
Cash And Short Term Investments	0.56	0.57	-0.33	-0.09	0.77	0.64	0.53	0.45	-0.25	0.95	0.62	0.66		0.58	-0.42	0.63	-0.42	0.37	0.53	0.66	-0.23	0.13	0.2	-0.23	0.39	0.07
Net Receivables	0.7	0.72	-0.16	0.28	0.58	0.68	0.71	0.34	0.2	0.67	0.71	0.69	0.58		-0.35	0.71	-0.11	0.51	0.7	0.68	-0.04	0.04	0.37	-0.78	0.7	0.11
Common Stock Shares Outstanding	-0.51	-0.56	0.13	-0.03	-0.71	-0.6	-0.54	-0.94	0.58	-0.55	-0.57	-0.75	-0.42	-0.35		-0.61	0.26	-0.19	-0.55	-0.6	0.21	0.79	0.16	0.26	-0.44	0.8
Non Current Liabilities Total	0.96	0.99	-0.14	0.34	0.63	0.99	0.99	0.55	0.03	0.79	0.99	0.92	0.63	0.71	-0.61		-0.18	0.71	0.97	0.99	-0.12	-0.16	-0.12	-0.6	0.83	-0.08
Other Current Assets	0.06	-0.16	0.97	0.83	-0.22	-0.19	-0.14	-0.27	0.01	-0.35	-0.2	-0.15	-0.42	-0.11	0.26	-0.18		0.18	0.06	-0.21	0.97	0.21	-0.2	-0.13	-0.01	0.27
Other Stockholder Equity	0.77	0.69	0.2	0.5	0.3	0.72	0.69	0.12	0.08	0.5	0.7	0.57	0.37	0.51	-0.19	0.71	0.18		0.76	0.72	0.23	0.13	0.05	-0.45	0.57	0.22
Total Liab	1.0	0.97	0.08	0.56	0.58	0.96	0.97	0.48	0.06	0.72	0.96	0.9	0.53	0.7	-0.55	0.97	0.06	0.76		0.96	0.11	-0.1	-0.15	-0.64	0.87	0.0
Property Plant And Equipment Gross	0.96	0.98	-0.17	0.32	0.64	1.0	0.97	0.53	-0.01	0.82	0.99	0.91	0.66	0.68	-0.6	0.99	-0.21	0.72	0.96		-0.14	-0.13	-0.1	-0.56	0.84	-0.06
Total Current Assets	0.12	-0.12	0.98	0.84	-0.06	-0.13	-0.11	-0.2	-0.06	-0.19	-0.15	-0.05	-0.23	-0.04	0.21	-0.12	0.97	0.23	0.11	-0.14		0.25	-0.16	-0.07	-0.01	0.3
Common Stock Total Equity	-0.04	-0.12	0.11	0.17	-0.32	-0.13	-0.13	-0.73	0.5	0.0	-0.11	-0.29	0.13	0.04	0.79	-0.16	0.21	0.13	-0.1	-0.13	0.25		0.23	-0.01	-0.03	0.96
Short Term Investments	-0.13	-0.1	-0.23	-0.15	0.02	-0.11	-0.12	-0.18	0.0	0.08	-0.09	0.0	0.2	0.37	0.16	-0.12	-0.2	0.05	-0.15	-0.1	-0.16	0.23		-0.21	0.1	0.19
Inventory	-0.63	-0.65	0.02	-0.41	-0.22	-0.57	-0.66	-0.16	-0.18	-0.38	-0.6	-0.47	-0.23	-0.78	0.26	-0.6	-0.13	-0.45	-0.64	-0.56	-0.07	-0.01	-0.21		-0.75	-0.08
Short Term Debt	0.87	0.87	-0.05	0.51	0.35	0.85	0.88	0.28	0.15	0.56	0.87	0.76	0.39	0.7	-0.44	0.83	-0.01	0.57	0.87	0.84	-0.01	-0.03	0.1	-0.75		0.06
Common Stock	0.06	-0.03	0.16	0.27	-0.31	-0.06	-0.03	-0.77	0.61	-0.01	-0.02	-0.24	0.07	0.11	0.8	-0.08	0.27	0.22	0.0	-0.06	0.3	0.96	0.19	-0.08	0.06

Click cells to compare fundamentals

Teekay Account Relationship Matchups

Teekay fundamental ratios Accounts

	2019	2020	2021	2022	2023	2024 (projected)
Total Assets	8.1B	6.9B	6.5B	2.2B	2.3B	2.2B
Short Long Term Debt Total	4.9B	3.8B	1.0B	597.4M	215.9M	205.1M
Other Current Liab	(20.5M)	(34.5M)	2.9B	(1.7M)	79.1M	75.1M
Total Current Liabilities	1.3B	877.9M	3.3B	215.7M	172.8M	164.2M
Total Stockholder Equity	481.9M	481.4M	515.1M	623.5M	732.3M	972.7M
Property Plant And Equipment Net	5.0B	4.5B	1.4B	1.3B	1.2B	1.2B
Net Debt	4.5B	3.5B	896.2M	287.5M	(264.9M)	(251.6M)
Retained Earnings	(546.7M)	(527.0M)	(513.2M)	(396.6M)	(213.2M)	(202.5M)
Accounts Payable	420.4M	456.2M	144.1M	134.3M	34.0M	32.3M
Cash	353.2M	348.8M	109.0M	309.9M	480.8M	418.7M
Non Current Assets Total	7.2B	6.2B	1.4B	1.3B	1.4B	1.3B
Non Currrent Assets Other	233.4M	137.1M	25.9M	25.6M	(2.2M)	(2.1M)
Cash And Short Term Investments	353.2M	348.8M	109.0M	519.9M	653.4M	438.4M
Net Receivables	475.9M	282.2M	167.5M	239.2M	187.8M	246.0M
Common Stock Shares Outstanding	100.7M	101.1M	102.1M	102.1M	96.6M	87.0M
Liabilities And Stockholders Equity	8.1B	6.9B	6.5B	2.2B	2.3B	2.2B
Non Current Liabilities Total	4.2B	3.6B	770.4M	579.6M	344.3M	327.1M
Other Current Assets	589.7M	16.8M	5.0B	6.8M	27.5M	26.2M
Other Stockholder Equity	2.1B	1.9B	1.9B	744.2M	855.8M	1.1B
Total Liab	5.5B	4.5B	4.1B	795.2M	517.1M	491.2M
Property Plant And Equipment Gross	5.0B	4.5B	1.4B	1.3B	1.8B	1.7B
Total Current Assets	894.6M	721.1M	5.1B	826.7M	921.9M	986.0M
Accumulated Other Comprehensive Income	(2.3M)	(23.7M)	(48.9M)	(25.5M)	(2.0M)	0.0
Short Term Investments	274.0M	14.8M	12.0M	210M	172.6M	181.2M
Inventory	(524.2M)	73.3M	(116.4M)	60.8M	53.2M	55.9M
Short Term Debt	874.7M	421.8M	307.3M	81.3M	56.4M	53.6M
Common Stock	1.1B	1.1B	1.1B	1.0B	945.5M	724.4M
Other Liab	154.2M	198.1M	72.5M	63.5M	73.0M	69.4M
Other Assets	637.2M	137.1M	25.9M	25.6M	1.0	0.95
Long Term Debt	2.3B	3.3B	683.6M	472.6M	543.5M	516.3M
Property Plant Equipment	5.0B	4.5B	1.4B	1.3B	1.5B	1.4B
Good Will	38.1M	38.1M	24.4M	24.6M	2.4M	2.3M
Intangible Assets	45.9M	36.5M	1.5M	1.1M	22.0M	20.9M
Current Deferred Revenue	42.2M	34.5M	852K	1.7M	3.4M	3.2M
Net Tangible Assets	397.9M	481.4M	515.1M	623.5M	561.1M	504.8M
Long Term Investments	1.7B	1.6B	25.0M	16.2M	15.7M	14.9M
Short Long Term Debt	592.0M	421.8M	307.3M	81.3M	73.2M	69.5M
Long Term Debt Total	4.0B	3.3B	692.3M	472.6M	425.3M	404.1M
Capital Lease Obligations	2.0B	54.3M	14.3M	43.4M	227.2M	215.8M

Currently Active Assets on Macroaxis

CRM	Salesforce
MSFT	Microsoft
S	SentinelOne
F	Ford Motor
BAC	Bank of America

When determining whether Teekay 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 Teekay 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 Teekay Stock. Highlighted below are key reports to facilitate an investment decision about Teekay Stock:

How To Invest In Teekay

Details

Is Teekay Stock a good investment?

Details

What is Teekay's Net Worth?

Details

Largest Oil & Gas Midstream Companies

View

Largest Energy Companies

View

Check out World Market Map to better understand how to build diversified portfolios, which includes a position in Teekay. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in industry.

For more information on how to buy Teekay Stock please use our How to buy in Teekay Stock guide.

You can also try the Top Crypto Exchanges module to search and analyze digital assets across top global cryptocurrency exchanges.

Complementary Tools for Teekay Stock analysis

When running Teekay's price analysis, check to measure Teekay's 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 Teekay is operating at the current time. Most of Teekay's value examination focuses on studying past and present price action to predict the probability of Teekay's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Teekay's price. Additionally, you may evaluate how the addition of Teekay to your portfolios can decrease your overall portfolio volatility.

	Technical Analysis Check basic technical indicators and analysis based on most latest market data
	Fundamentals Comparison Compare fundamentals across multiple equities to find investing opportunities
	Portfolio Backtesting Avoid under-diversification and over-optimization by backtesting your portfolios
	Correlation Analysis Reduce portfolio risk simply by holding instruments which are not perfectly correlated
	Money Managers Screen money managers from public funds and ETFs managed around the world
	Sign In To Macroaxis Sign in to explore Macroaxis' wealth optimization platform and fintech modules
	Global Correlations Find global opportunities by holding instruments from different markets
	Commodity Channel Use Commodity Channel Index to analyze current equity momentum
	Theme Ratings Determine theme ratings based on digital equity recommendations. Macroaxis theme ratings are based on combination of fundamental analysis and risk-adjusted market performance
	Fundamental Analysis View fundamental data based on most recent published financial statements
	Portfolio Analyzer Portfolio analysis module that provides access to portfolio diagnostics and optimization engine
	FinTech Suite Use AI to screen and filter profitable investment opportunities

Is Teekay's industry 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 Teekay. If investors know Teekay 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 Teekay 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

(0.04)

Earnings Share

1.54

Revenue Per Share

15.505

Quarterly Revenue Growth

(0.14)

Return On Assets

0.1489

The market value of Teekay is measured differently than its book value, which is the value of Teekay that is recorded on the company's balance sheet. Investors also form their own opinion of Teekay's value that differs from its market value or its book value, called intrinsic value, which is Teekay's 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 Teekay's market value can be influenced by many factors that don't directly affect Teekay's 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 Teekay's value and its price as these two are different measures arrived at by different means. Investors typically determine if Teekay is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Teekay's 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.

Macroaxis helps investors of all levels and skills to maximize the upside of all their holdings and minimize the risk associated with market volatility, economic swings, and company-specific events. View terms and conditions

Feedback Blog

Made with optimal in San Francisco

2024 Macroaxis LLC

Teekay Short Term Debt vs Cash And Short Term Investments Analysis

Short Term Debt vs Cash And Short Term Investments

Short Term Debt vs Cash And Short Term Investments Correlation Analysis

Correlation Coefficient

Short Term Debt

Cash And Short Term Investments

Teekay fundamental ratios Correlations

Teekay Account Relationship Matchups

High Positive Relationship

High Negative Relationship

Teekay fundamental ratios Accounts

Currently Active Assets on Macroaxis

Complementary Tools for Teekay Stock analysis

COMMON DESTINATIONS

MAIN CATEGORIES

COMPANY

Total Liab	+ 1.0	Total Assets
Net Debt	+ 1.0	Short Long Term Debt Total
Non Current Assets Total	+ 1.0	Property Plant And Equipment Net
Property Plant And Equipment Gross	+ 1.0	Property Plant And Equipment Net
Property Plant And Equipment Net	+ 0.99	Short Long Term Debt Total
Non Current Assets Total	+ 0.99	Short Long Term Debt Total

Common Stock Shares Outstanding	- 0.94	Retained Earnings
Inventory	- 0.78	Net Receivables
Common Stock	- 0.77	Retained Earnings
Short Term Debt	- 0.75	Inventory
Common Stock Shares Outstanding	- 0.75	Non Currrent Assets Other
Common Stock Total Equity	- 0.73	Retained Earnings