Teekay Long Term Debt vs Property Plant Equipment Analysis
TK Stock | USD 9.23 0.07 0.76% |
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 Long Term Debt and its Property Plant Equipment 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.
Long Term Debt vs Property Plant Equipment
Long Term Debt vs Property Plant Equipment Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Teekay Long Term Debt account and Property Plant Equipment. At this time, the significance of the direction appears to have almost identical trend.
The correlation between Teekay's Long Term Debt and Property Plant Equipment is 0.98. Overlapping area represents the amount of variation of Long Term Debt that can explain the historical movement of Property Plant Equipment in the same time period over historical financial statements of Teekay, assuming nothing else is changed. The correlation between historical values of Teekay's Long Term Debt and Property Plant Equipment is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Long Term Debt of Teekay are associated (or correlated) with its Property Plant Equipment. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Property Plant Equipment has no effect on the direction of Long Term Debt i.e., Teekay's Long Term Debt and Property Plant Equipment go up and down completely randomly.
Correlation Coefficient | 0.98 |
Relationship Direction | Positive |
Relationship Strength | Very Strong |
Long Term Debt
Long-term debt is a debt that Teekay has held for over one year. Long-term debt appears on Teekay balance sheet and also includes long-term leases. The most common forms of long term debt are bonds payable, long-term notes payable, mortgage payable, pension liabilities, and lease liabilities. In the corporate world, long-term debt is generally used to fund big-ticket items, such as machinery, buildings, and land. The total of long-term debt reported on Teekay balance sheet is the sum of the balances of all categories of long-term debt. Debt that is not due within the current year and is often considered to be financing activities that are to be repaid over several years.Property Plant Equipment
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 | 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 |
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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 Balance Of Power module to check stock momentum by analyzing Balance Of Power indicator and other technical ratios.
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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 0.19 | Earnings Share 1.63 | Revenue Per Share 15.167 | Quarterly Revenue Growth (0.13) | Return On Assets 0.1342 |
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.