Teekay Non Recurring vs Ebitda Analysis
TNK Stock | USD 69.30 5.76 9.07% |
Teekay Tankers financial indicator trend analysis is much more than just breaking down Teekay Tankers prevalent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Teekay Tankers is a good investment. Please check the relationship between Teekay Tankers Non Recurring and its Ebitda accounts. Check out World Market Map to better understand how to build diversified portfolios, which includes a position in Teekay Tankers. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in board of governors. For more information on how to buy Teekay Stock please use our How to buy in Teekay Stock guide.
Non Recurring vs Ebitda
Non Recurring vs Ebitda Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Teekay Tankers Non Recurring account and Ebitda. At this time, the significance of the direction appears to have fragmental relationship.
The correlation between Teekay Tankers' Non Recurring and Ebitda is 0.56. Overlapping area represents the amount of variation of Non Recurring that can explain the historical movement of Ebitda in the same time period over historical financial statements of Teekay Tankers, assuming nothing else is changed. The correlation between historical values of Teekay Tankers' Non Recurring and Ebitda is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Non Recurring of Teekay Tankers are associated (or correlated) with its Ebitda. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Ebitda has no effect on the direction of Non Recurring i.e., Teekay Tankers' Non Recurring and Ebitda go up and down completely randomly.
Correlation Coefficient | 0.56 |
Relationship Direction | Positive |
Relationship Strength | Weak |
Non Recurring
Ebitda
Most indicators from Teekay Tankers' fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Teekay Tankers 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 Tankers. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in board of governors. For more information on how to buy Teekay Stock please use our How to buy in Teekay Stock guide.Sales General And Administrative To Revenue is expected to rise to 0.07 this year, although the value of Selling General Administrative will most likely fall to about 25.5 M.
2021 | 2022 | 2023 | 2024 (projected) | Interest Expense | 35.0M | 35.7M | 27.7M | 29.2M | Depreciation And Amortization | 182.7M | 96.2M | 97.6M | 80.6M |
Teekay Tankers fundamental ratios Correlations
Click cells to compare fundamentals
Teekay Tankers Account Relationship Matchups
High Positive Relationship
High Negative Relationship
Teekay Tankers fundamental ratios Accounts
2019 | 2020 | 2021 | 2022 | 2023 | 2024 (projected) | ||
Total Assets | 2.2B | 1.8B | 1.6B | 1.8B | 1.9B | 1.5B | |
Short Long Term Debt Total | 1.0B | 617.0M | 654.0M | 576.2M | 215.9M | 205.1M | |
Other Current Liab | 11.6M | 4.9M | 1.8M | 3.6M | 9.3M | 16.2M | |
Total Current Liabilities | 288.3M | 197.1M | 157.1M | 170.2M | 139.3M | 141.2M | |
Total Stockholder Equity | 989.9M | 1.1B | 838.4M | 1.1B | 1.5B | 1.6B | |
Property Plant And Equipment Net | 1.8B | 1.6B | 1.4B | 1.3B | 1.2B | 1.2B | |
Net Debt | 955.2M | 519.8M | 603.5M | 395.7M | (150.0M) | (142.5M) | |
Accounts Payable | 139.3M | 86.1M | 67.4M | 89.8M | 73.6M | 44.1M | |
Non Current Assets Total | 1.8B | 1.6B | 1.4B | 1.3B | 1.3B | 1.3B | |
Non Currrent Assets Other | 5.4M | 4.0M | 5.2M | 8.2M | 6.7M | 6.1M | |
Other Assets | 5.4M | 4.0M | 5.2M | 8.2M | 9.4M | 9.9M | |
Long Term Debt | 785.6M | 629.2M | 516.1M | 232.1M | 304.8M | 0.0 | |
Net Receivables | 211.8M | 68.1M | 89.8M | 202.1M | 170.1M | 92.6M | |
Common Stock Shares Outstanding | 33.7M | 33.9M | 33.9M | 34.3M | 34.6M | 18.7M | |
Liabilities And Stockholders Equity | 2.2B | 1.8B | 1.6B | 1.8B | 1.9B | 1.5B | |
Non Current Liabilities Total | 959.9M | 564.2M | 623.2M | 543.5M | 208.4M | 198.0M | |
Other Current Assets | 79.4M | 45.5M | 56.0M | 16.0M | 24.2M | 21.8M | |
Other Stockholder Equity | 680.8M | 1.1B | 838.4M | 1.1B | 1.2B | 1.3B | |
Total Liab | 1.2B | 761.3M | 780.3M | 713.6M | 347.7M | 330.3M | |
Property Plant And Equipment Gross | 1.8B | 1.6B | 1.4B | 1.3B | 1.8B | 1.2B | |
Total Current Assets | 429.8M | 245.4M | 245.4M | 459.5M | 613.5M | 644.2M | |
Short Term Debt | 135.2M | 103.0M | 76.9M | 76.7M | 56.4M | 71.0M | |
Property Plant Equipment | 1.8B | 1.6B | 1.4B | 1.3B | 1.5B | 1.2B | |
Other Liab | 51.0M | 50.2M | 46.1M | 44.0M | 50.6M | 29.1M | |
Retained Earnings | (307.6M) | (220.3M) | (462.7M) | (233.6M) | 220.0M | 231.0M | |
Cash | 88.8M | 97.2M | 50.6M | 180.5M | 365.9M | 384.2M | |
Cash And Short Term Investments | 88.8M | 97.2M | 50.6M | 180.5M | 365.9M | 384.2M | |
Inventory | 49.8M | 34.6M | 49.0M | 60.8M | 53.2M | 33.7M | |
Common Stock | 1.3B | 1.3B | 1.3B | 1.3B | 1.5B | 950.0M | |
Current Deferred Revenue | 18.6M | 2.1M | 3.1M | 10.9M | 12.6M | 13.2M | |
Intangible Assets | 2.5M | 2.0M | 1.5M | 1.1M | 658K | 625.1K | |
Net Tangible Assets | 984.9M | 1.1B | 834.5M | 1.1B | 1.2B | 925.3M | |
Long Term Investments | 28.1M | 28.6M | 13.0M | 16.2M | 15.7M | 28.9M | |
Short Long Term Debt | 106.2M | 93.6M | 20.9M | 40.5M | 36.5M | 34.6M | |
Long Term Debt Total | 905.5M | 513.7M | 572.2M | 472.6M | 425.3M | 612.7M | |
Non Current Liabilities Other | 51.0M | 49.6M | 46.1M | 44.0M | 48.9M | 42.9M |
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When determining whether Teekay Tankers 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 Tankers Stock. Highlighted below are key reports to facilitate an investment decision about Teekay Tankers Stock:Check out World Market Map to better understand how to build diversified portfolios, which includes a position in Teekay Tankers. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in board of governors. For more information on how to buy Teekay Stock please use our How to buy in Teekay Stock guide.You can also try the Portfolio Center module to all portfolio management and optimization tools to improve performance of your portfolios.
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When running Teekay Tankers' price analysis, check to measure Teekay Tankers' 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 Tankers is operating at the current time. Most of Teekay Tankers' value examination focuses on studying past and present price action to predict the probability of Teekay Tankers' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Teekay Tankers' price. Additionally, you may evaluate how the addition of Teekay Tankers to your portfolios can decrease your overall portfolio volatility.
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Is Teekay Tankers' 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 Tankers. 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 Tankers 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 (0.24) | Dividend Share 1 | Earnings Share 14.86 | Revenue Per Share 39.943 | Quarterly Revenue Growth (0.15) |
The market value of Teekay Tankers 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 Tankers' value that differs from its market value or its book value, called intrinsic value, which is Teekay Tankers' 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 Tankers' market value can be influenced by many factors that don't directly affect Teekay Tankers' 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 Tankers' value and its price as these two are different measures arrived at by different means. Investors typically determine if Teekay Tankers is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Teekay Tankers' 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.