Teck Historical Balance Sheet

TECK-B Stock

CAD 64.94 0.46 0.71%

Trend analysis of Teck Resources Limited balance sheet accounts such as Total Stockholder Equity of 28.3 B, Property Plant And Equipment Net of 47.8 B, Net Debt of 10.9 B or Retained Earnings of 20.6 B provides information on Teck Resources' total assets, liabilities, and equity, which is the actual value of Teck Resources to its prevalent stockholders. By breaking down trends over time using Teck Resources balance sheet statements, investors will see what precisely the company owns and what it owes to creditors or other parties at the end of each accounting year.

Cash Flow Balance Sheet Income Statement

Dot-com Bubble

Housing Crash

Credit Downgrade

Yuan Drop

Covid

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.

Teck Resources Inventory

3.09 Billion

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 Balance Sheet Analysis

Balance Sheet is a snapshot of the financial position of Teck Resources at a specified time, usually calculated after every quarter, six months, or one year. Teck Resources Balance Sheet has two main parts: assets and liabilities. Liabilities are the debts or obligations of Teck Resources and are divided into current liabilities and long term liabilities. An asset, on the other hand, is anything of value that can be converted into cash and which Teck currently owns. An asset can also be divided into two categories, current and non-current.

Teck Resources Balance Sheet Chart

At present, Teck Resources' Total Assets are projected to increase significantly based on the last few years of reporting. The current year's Short and Long Term Debt Total is expected to grow to about 11.6 B, whereas Non Currrent Assets Other are forecasted to decline to about 608.8 M.

Total Assets Short Long Term Debt Total Other Current Liab Total Current Liabilities Total Stockholder Equity Retained Earnings

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Total Assets

Total assets refers to the total amount of Teck Resources assets owned. Assets are items that have some economic value and are expended over time to create a benefit for the owner. These assets are usually recorded in Teck Resources books under different categories such as cash, marketable securities, accounts receivable,prepaid expenses, inventory, fixed assets, intangible assets, other assets, marketable securities, accounts receivable, prepaid expenses and others. The total value of all owned resources that are expected to provide future economic benefits to the business, including cash, investments, accounts receivable, inventory, property, plant, equipment, and intangible assets.

Total Current Liabilities

Total Current Liabilities is an item on Teck Resources balance sheet that include short term debt, accounts payable, accrued salaries payable, payroll taxes payable, accrued liabilities and other debts. Total Current Liabilities of Teck Resources Limited are important to investors because some useful performance ratios such as Current Ratio and Quick Ratio require Total Current Liabilities to be accurate. The total amount of liabilities that a company is expected to pay within one year, including debts, accounts payable, and other short-term financial obligations.

Total Stockholder Equity

The total equity held by shareholders, calculated as the difference between a company's total assets and total liabilities. It represents the net value of the company owned by shareholders.

Retained Earnings

The cumulative amount of net income that a company retains for reinvestment in its operations, rather than distributing it to shareholders as dividends.

Most accounts from Teck Resources' balance sheet are interrelated and interconnected. However, analyzing balance sheet 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 balance sheet 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)
Short and Long Term Debt Total	9.3B	10.0B	11.1B	11.6B
Total Assets	47.4B	52.4B	56.2B	59.0B

Short Long Term Debt Total Total Assets

Teck Resources balance sheet 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	Inventory	Other Current Assets	Other Stockholder Equity	Total Liab	Total Current Assets	Short Term Debt	Current Deferred Revenue	Common Stock	Short Term Investments	Good Will
Total Assets		0.89	0.8	0.91	0.99	0.99	0.86	0.98	0.92	0.04	1.0	0.18	0.04	0.94	0.58	0.98	0.99	0.51	-0.56	0.99	0.61	0.72	0.02	0.74	-0.71	0.14
Short Long Term Debt Total	0.89		0.68	0.78	0.82	0.88	0.92	0.78	0.76	0.15	0.88	0.15	0.15	0.9	0.57	0.96	0.86	0.39	-0.61	0.94	0.59	0.67	0.01	0.73	-0.68	0.25
Other Current Liab	0.8	0.68		0.86	0.77	0.78	0.68	0.79	0.77	-0.03	0.78	-0.16	-0.03	0.64	0.34	0.75	0.79	0.87	-0.3	0.8	0.63	0.76	-0.08	0.42	-0.48	0.01
Total Current Liabilities	0.91	0.78	0.86		0.86	0.92	0.83	0.91	0.97	-0.17	0.91	0.15	-0.16	0.83	0.21	0.84	0.92	0.68	-0.23	0.91	0.45	0.89	-0.01	0.41	-0.37	-0.12
Total Stockholder Equity	0.99	0.82	0.77	0.86		0.97	0.78	0.98	0.89	0.07	0.98	0.21	0.07	0.9	0.63	0.94	0.98	0.48	-0.59	0.95	0.63	0.66	0.06	0.77	-0.75	0.17
Property Plant And Equipment Net	0.99	0.88	0.78	0.92	0.97		0.89	0.97	0.94	-0.07	1.0	0.23	-0.07	0.93	0.52	0.97	0.98	0.49	-0.48	0.98	0.53	0.72	-0.04	0.69	-0.66	0.06
Net Debt	0.86	0.92	0.68	0.83	0.78	0.89		0.78	0.85	-0.25	0.89	0.26	-0.25	0.85	0.35	0.9	0.83	0.43	-0.32	0.91	0.32	0.68	-0.16	0.54	-0.5	-0.08
Retained Earnings	0.98	0.78	0.79	0.91	0.98	0.97	0.78		0.94	-0.02	0.97	0.19	-0.02	0.89	0.5	0.91	0.98	0.52	-0.46	0.94	0.57	0.73	0.05	0.66	-0.63	0.07
Accounts Payable	0.92	0.76	0.77	0.97	0.89	0.94	0.85	0.94		-0.24	0.94	0.22	-0.23	0.87	0.25	0.86	0.93	0.56	-0.22	0.92	0.38	0.79	-0.05	0.45	-0.41	-0.19
Cash	0.04	0.15	-0.03	-0.17	0.07	-0.07	-0.25	-0.02	-0.24		-0.05	-0.29	1.0	0.09	0.49	0.09	0.05	-0.13	-0.7	0.02	0.62	-0.04	0.46	0.44	-0.4	0.82
Non Current Assets Total	1.0	0.88	0.78	0.91	0.98	1.0	0.89	0.97	0.94	-0.05		0.22	-0.05	0.93	0.54	0.97	0.98	0.49	-0.51	0.98	0.55	0.71	-0.03	0.71	-0.68	0.07
Non Currrent Assets Other	0.18	0.15	-0.16	0.15	0.21	0.23	0.26	0.19	0.22	-0.29	0.22		-0.29	0.22	0.15	0.15	0.19	-0.1	-0.08	0.16	-0.11	0.04	0.36	0.22	-0.09	-0.17
Cash And Short Term Investments	0.04	0.15	-0.03	-0.16	0.07	-0.07	-0.25	-0.02	-0.23	1.0	-0.05	-0.29		0.09	0.49	0.09	0.05	-0.13	-0.7	0.03	0.62	-0.04	0.46	0.44	-0.4	0.82
Net Receivables	0.94	0.9	0.64	0.83	0.9	0.93	0.85	0.89	0.87	0.09	0.93	0.22	0.09		0.54	0.95	0.93	0.35	-0.54	0.95	0.58	0.64	0.11	0.72	-0.65	0.13
Common Stock Shares Outstanding	0.58	0.57	0.34	0.21	0.63	0.52	0.35	0.5	0.25	0.49	0.54	0.15	0.49	0.54		0.63	0.51	0.08	-0.93	0.54	0.73	0.03	0.12	0.95	-0.98	0.63
Non Current Liabilities Total	0.98	0.96	0.75	0.84	0.94	0.97	0.9	0.91	0.86	0.09	0.97	0.15	0.09	0.95	0.63		0.95	0.43	-0.62	0.99	0.62	0.66	-0.02	0.79	-0.76	0.2
Inventory	0.99	0.86	0.79	0.92	0.98	0.98	0.83	0.98	0.93	0.05	0.98	0.19	0.05	0.93	0.51	0.95		0.51	-0.51	0.97	0.61	0.75	0.08	0.69	-0.64	0.11
Other Current Assets	0.51	0.39	0.87	0.68	0.48	0.49	0.43	0.52	0.56	-0.13	0.49	-0.1	-0.13	0.35	0.08	0.43	0.51		-0.04	0.51	0.46	0.61	0.03	0.13	-0.19	-0.23
Other Stockholder Equity	-0.56	-0.61	-0.3	-0.23	-0.59	-0.48	-0.32	-0.46	-0.22	-0.7	-0.51	-0.08	-0.7	-0.54	-0.93	-0.62	-0.51	-0.04		-0.54	-0.76	-0.14	-0.2	-0.93	0.9	-0.79
Total Liab	0.99	0.94	0.8	0.91	0.95	0.98	0.91	0.94	0.92	0.02	0.98	0.16	0.03	0.95	0.54	0.99	0.97	0.51	-0.54		0.6	0.74	-0.02	0.71	-0.68	0.13
Total Current Assets	0.61	0.59	0.63	0.45	0.63	0.53	0.32	0.57	0.38	0.62	0.55	-0.11	0.62	0.58	0.73	0.62	0.61	0.46	-0.76	0.6		0.4	0.31	0.7	-0.74	0.57
Short Term Debt	0.72	0.67	0.76	0.89	0.66	0.72	0.68	0.73	0.79	-0.04	0.71	0.04	-0.04	0.64	0.03	0.66	0.75	0.61	-0.14	0.74	0.4		0.06	0.22	-0.17	-0.01
Current Deferred Revenue	0.02	0.01	-0.08	-0.01	0.06	-0.04	-0.16	0.05	-0.05	0.46	-0.03	0.36	0.46	0.11	0.12	-0.02	0.08	0.03	-0.2	-0.02	0.31	0.06		0.13	-0.03	0.16
Common Stock	0.74	0.73	0.42	0.41	0.77	0.69	0.54	0.66	0.45	0.44	0.71	0.22	0.44	0.72	0.95	0.79	0.69	0.13	-0.93	0.71	0.7	0.22	0.13		-0.97	0.56
Short Term Investments	-0.71	-0.68	-0.48	-0.37	-0.75	-0.66	-0.5	-0.63	-0.41	-0.4	-0.68	-0.09	-0.4	-0.65	-0.98	-0.76	-0.64	-0.19	0.9	-0.68	-0.74	-0.17	-0.03	-0.97		-0.55
Good Will	0.14	0.25	0.01	-0.12	0.17	0.06	-0.08	0.07	-0.19	0.82	0.07	-0.17	0.82	0.13	0.63	0.2	0.11	-0.23	-0.79	0.13	0.57	-0.01	0.16	0.56	-0.55

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Teck Resources Account Relationship Matchups

Teck Resources balance sheet Accounts

	2019	2020	2021	2022	2023	2024 (projected)
Total Assets	39.4B	41.3B	47.4B	52.4B	56.2B	59.0B
Short Long Term Debt Total	5.7B	7.9B	9.3B	10.0B	11.1B	11.6B
Other Current Liab	1.2B	1.5B	1.6B	3.1B	1.7B	1.7B
Total Current Liabilities	2.8B	3.2B	3.8B	5.9B	5.9B	6.2B
Total Stockholder Equity	21.3B	20.0B	23.0B	25.5B	27.0B	28.3B
Property Plant And Equipment Net	31.4B	33.6B	37.4B	40.1B	45.6B	47.8B
Net Debt	4.7B	7.4B	7.9B	8.1B	10.3B	10.9B
Retained Earnings	14.4B	13.4B	16.3B	18.1B	19.6B	20.6B
Accounts Payable	1.3B	1.4B	1.7B	1.9B	2.3B	2.4B
Cash	1.0B	450M	1.4B	1.9B	744M	1.4B
Non Current Assets Total	34.9B	37.3B	41.3B	44.1B	49.7B	52.2B
Non Currrent Assets Other	764M	115M	164M	173M	1.1B	608.8M
Cash And Short Term Investments	1.0B	450M	1.4B	1.9B	744M	1.4B
Net Receivables	1.2B	1.3B	2.0B	1.6B	2.2B	2.3B
Common Stock Shares Outstanding	559.8M	534.4M	540.3M	535.9M	525.3M	475.2M
Liabilities And Stockholders Equity	39.4B	41.3B	47.4B	52.4B	56.2B	59.0B
Non Current Liabilities Total	14.5B	17.3B	19.8B	20.0B	22.0B	23.1B
Inventory	2.0B	1.9B	2.4B	2.7B	2.9B	3.1B
Other Current Assets	331M	352M	299M	2.1B	585M	614.3M
Other Stockholder Equity	219M	242M	253M	207M	213M	202.4M
Total Liab	17.3B	20.6B	23.6B	25.8B	27.9B	29.3B
Total Current Assets	4.5B	4B	6.1B	8.3B	6.5B	3.8B
Accumulated Other Comprehensive Income	309M	247M	202M	1.1B	693M	727.7M
Short Term Debt	189M	234M	340M	748M	710M	734.0M
Current Deferred Revenue	67M	46M	(442M)	30M	27M	18.7M
Common Stock	6.3B	6.1B	6.2B	6.1B	6.5B	6.7B
Good Will	1.1B	1.1B	1.1B	1.1B	1.1B	1.0B
Intangible Assets	162M	309M	395M	400M	345M	194.6M
Other Liab	8.9B	9.7B	10.8B	10.7B	12.3B	9.5B
Net Tangible Assets	20.0B	18.6B	21.5B	24.0B	27.5B	20.9B
Other Assets	975M	1.1B	1.2B	950M	1.1B	967.2M
Long Term Debt	5.0B	7.1B	8.4B	8.8B	9.5B	8.4B
Long Term Investments	1.3B	2.3B	2.6B	2.6B	1.5B	1.6B
Short Long Term Debt	29M	115M	213M	616M	515M	714.6M
Property Plant Equipment	31.4B	33.6B	37.4B	40.1B	46.1B	34.5B
Non Current Liabilities Other	20M	131M	351M	3.5B	681M	665.0M
Capital Lease Obligations	672M	692M	694M	571M	1.1B	682.2M
Net Invested Capital	26.4B	27.2B	31.6B	34.9B	37.0B	33.1B

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 Balance Sheet

Teck Resources Inventory

3.09 Billion

About Teck Balance Sheet Analysis

Teck Resources Balance Sheet Chart

Total Assets

Total Current Liabilities

Total Stockholder Equity

Retained Earnings

Teck Resources balance sheet Correlations

Teck Resources Account Relationship Matchups

High Positive Relationship

High Negative Relationship

Teck Resources balance sheet Accounts

Pair Trading with Teck Resources

Other Information on Investing in Teck Stock

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Non Current Assets Total	+ 1.0	Total Assets
Non Current Assets Total	+ 1.0	Property Plant And Equipment Net
Cash And Short Term Investments	+ 1.0	Cash
Total Stockholder Equity	+ 0.99	Total Assets
Property Plant And Equipment Net	+ 0.99	Total Assets
Inventory	+ 0.99	Total Assets

Short Term Investments	- 0.98	Common Stock Shares Outstanding
Short Term Investments	- 0.97	Common Stock
Common Stock	- 0.93	Other Stockholder Equity
Other Stockholder Equity	- 0.93	Common Stock Shares Outstanding
Good Will	- 0.79	Other Stockholder Equity
Total Current Assets	- 0.76	Other Stockholder Equity