Teekay Total Revenue vs Net Income Analysis
| TK Stock | USD 7.50 0.15 2.04% |
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 Total Revenue and its Net Income 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.
Total Revenue vs Net Income
Total Revenue vs Net Income Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Teekay Total Revenue account and Net Income. At this time, the significance of the direction appears to have weak contrarian relationship.
The correlation between Teekay's Total Revenue and Net Income is -0.09. Overlapping area represents the amount of variation of Total Revenue that can explain the historical movement of Net Income in the same time period over historical financial statements of Teekay, assuming nothing else is changed. The correlation between historical values of Teekay's Total Revenue and Net Income is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Total Revenue of Teekay are associated (or correlated) with its Net Income. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Net Income has no effect on the direction of Total Revenue i.e., Teekay's Total Revenue and Net Income go up and down completely randomly.
Correlation Coefficient | -0.09 |
| Relationship Direction | Negative |
| Relationship Strength | Insignificant |
Total Revenue
Total revenue comprises all receipts Teekay 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.Net Income
Net income is one of the most important fundamental items in finance. It plays a large role in Teekay financial statement analysis. It represents the amount of money remaining after all of Teekay operating expenses, interest, taxes and preferred stock dividends have been deducted from a company total revenue.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 |
Teekay fundamental ratios Correlations
Click cells to compare fundamentals
Teekay Account Relationship Matchups
High Positive Relationship
High Negative Relationship
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 | 987.3M | |
| 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 | 419.8M | |
| 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 | 449.7M | |
| 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 | 87.1M | |
| 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 | 1.2B | |
| 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 | 986.9M | |
| 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 | 740.0M | |
| 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 |
Some investors attempt to determine whether the market's mood is bullish or bearish by monitoring changes in market sentiment. Unlike more traditional methods such as technical analysis, investor sentiment usually refers to the aggregate attitude towards Teekay in the overall investment community. So, suppose investors can accurately measure the market's sentiment. In that case, they can use it for their benefit. For example, some tools to gauge market sentiment could be utilized using contrarian indexes, Teekay's short interest history, or implied volatility extrapolated from Teekay options trading.
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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: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 Technical Analysis module to check basic technical indicators and analysis based on most latest market data.
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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.
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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.