TEEKAY
TEEKAY operates in Diversified Metals & Mining.
TEEKAY (TCD) - Net Assets
Latest net assets as of September 2024: €2.00 Billion EUR
Based on the latest financial reports, TEEKAY (TCD) has net assets worth €2.00 Billion EUR as of September 2024.
Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets (€2.23 Billion) and total liabilities (€229.98 Million). This figure indicates the residual interest in the assets after deducting liabilities, essentially showing what would remain for shareholders if all assets were liquidated and all debts paid off.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | €2.00 Billion |
| % of Total Assets | 89.7% |
| Annual Growth Rate | -11.06% |
| 5-Year Change | -29.99% |
| 10-Year Change | N/A |
| Growth Volatility | 22.09 |
TEEKAY - Net Assets Trend (2016–2023)
This chart illustrates how TEEKAY's net assets have evolved over time, based on quarterly financial data. Explore and compare other companies by net assets.
Annual Net Assets for TEEKAY (2016–2023)
The table below shows the annual net assets of TEEKAY from 2016 to 2023.
| Year | Net Assets | Change |
|---|---|---|
| 2023-12-31 | €1.80 Billion | +31.45% |
| 2022-12-31 | €1.37 Billion | -43.70% |
| 2021-12-31 | €2.43 Billion | -1.57% |
| 2020-12-31 | €2.47 Billion | -3.90% |
| 2019-12-31 | €2.57 Billion | -10.30% |
| 2018-12-31 | €2.87 Billion | -0.44% |
| 2017-12-31 | €2.88 Billion | -29.58% |
| 2016-12-31 | €4.09 Billion | -- |
Equity Component Analysis
This analysis shows how different components contribute to TEEKAY's total equity over time. Equity components include common stock, retained earnings, additional paid-in capital, and other elements.
Equity Composition Insights
- Retained earnings have decreased by 1031.3% over the analyzed period, potentially due to dividend distributions or operating losses.
Current Equity Component Breakdown (December 2023)
| Component | Amount | Percentage |
|---|---|---|
| Other Components | €945.47 Million | 129.11% |
| Total Equity | €732.28 Million | 100.00% |
TEEKAY Competitors by Market Cap
The table below lists competitors of TEEKAY ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
RICOH (RIC1.SG)
STU:RIC1
|
$69.94K |
|
Psyence Group Inc
PINK:PSYGF
|
$70.01K |
|
LES MOULINS DE LA CONCORDE LT
SEM:LMLC-P
|
$70.05K |
|
Twenty One Capital, Inc.
NYSE:XXI
|
$70.09K |
|
MARUHA NICHIRO
BE:6MN
|
$69.81K |
|
Genomed S.A.
WAR:GEN
|
$69.70K |
|
VTECH HLDGS
MU:VTCB
|
$69.68K |
|
Jack Nathan Medical Corp
OTCQB:JNHMF
|
$69.68K |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in TEEKAY's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2022 to 2023, total equity changed from 623,463,000 to 732,278,000, a change of 108,815,000 (17.5%).
- Net income of 150,641,000 contributed positively to equity growth.
- Share repurchases of 55,478,000 reduced equity.
- Other factors increased equity by 13,652,000.
Equity Change Factors (2022 to 2023)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | €150.64 Million | +20.57% |
| Share Repurchases | €55.48 Million | -7.58% |
| Other Changes | €13.65 Million | +1.86% |
| Total Change | €- | 17.45% |
Book Value vs Market Value Analysis
This analysis compares TEEKAY's book value (net assets) with its market value over time. The relationship between these values can provide insights into investor sentiment and company valuation.
Valuation Insights
- Current price-to-book ratio: 0.89x
- The company is trading below its book value, potentially indicating the market believes the assets are overvalued on the balance sheet or anticipates future losses.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2017-12-31 | €8.72 | €7.15 | x |
| 2018-12-31 | €8.05 | €7.15 | x |
| 2019-12-31 | €4.78 | €7.15 | x |
| 2020-12-31 | €4.76 | €7.15 | x |
| 2021-12-31 | €5.07 | €7.15 | x |
| 2022-12-31 | €6.34 | €7.15 | x |
| 2023-12-31 | €8.05 | €7.15 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently TEEKAY utilizes its equity to generate returns, including Return on Equity (ROE) and its components based on the DuPont analysis framework.
Capital Efficiency Insights
- Current Return on Equity (ROE): 20.57%
- The company demonstrates strong efficiency in generating profits from shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 10.28%
- • Asset Turnover: 0.67x
- • Equity Multiplier: 3.00x
- Recent ROE (20.57%) is above the historical average (-11.44%), indicating improving capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2016 | -13.70% | -5.29% | 0.18x | 14.25x | €-213.12 Million |
| 2017 | -21.01% | -8.68% | 0.23x | 10.41x | €-241.00 Million |
| 2018 | -9.79% | -4.64% | 0.20x | 10.37x | €-160.14 Million |
| 2019 | -64.45% | -15.96% | 0.24x | 16.75x | €-358.76 Million |
| 2020 | -17.23% | -7.24% | 0.17x | 14.43x | €-131.07 Million |
| 2021 | 1.52% | 1.14% | 0.10x | 12.68x | €-43.70 Million |
| 2022 | 12.58% | 6.59% | 0.55x | 3.47x | €16.06 Million |
| 2023 | 20.57% | 10.28% | 0.67x | 3.00x | €77.41 Million |
Industry Comparison
This section compares TEEKAY's net assets metrics with peer companies in the Other industry.
Industry Context
- Industry: Other
- Average net assets among peers: $107,279,526,363
- Average return on equity (ROE) among peers: 7.07%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| TEEKAY (TCD) | €2.00 Billion | -13.70% | 0.11x | $69.82K |
| HORIBA (01H) | $204.49 Billion | 10.42% | 0.82x | $973.51K |
| Tokyu Corporation (01T) | $747.05 Billion | 9.38% | 2.03x | $93.98K |
| GUANGZHOU AUTO -H- (02G) | $77.92 Billion | 13.99% | 0.70x | $4.23K |
| MOSAIC (02M) | $9.37 Billion | -11.39% | 1.06x | $267.55K |
| MOSAIC (02M.SG) (02M) | $10.72 Billion | 9.59% | 0.71x | $264.31K |
| CHINA JO-JO DRGSTRS (04CN.SG) (04CN) | $22.74 Million | -14.04% | 3.68x | $1.51 Million |
| KRAKATAU STEEL -B- (07K) | $587.19 Million | 7.57% | 5.43x | $166.88 |
| CN MODERN DAIRY (07M.SG) (07M) | $8.04 Billion | 9.58% | 0.94x | $1.66K |
| TOURMALINE OIL (08T) | $13.69 Billion | 32.78% | 0.38x | $376.57K |
| ASIA CASSAVA RESOUR (0ACS) | $913.15 Million | 2.86% | 1.55x | $343.89 |