Teekay Stock Probability Of Bankruptcy

TK Stock

USD 6.58 0.09 1.35%

Teekay's probability of distress is below 1% at the moment. The company is very unlikely to encounter any financial crisis in the next two years. Odds of financial distress prediction helps decision makers evaluate Teekay's chance of financial distress in relation to its going-concern outlook and evaluation. All items used in analyzing the odds of distress are taken from the Teekay balance sheet, as well as cash flow and income statements available from the company's most recent filings. Check out Teekay Piotroski F Score and Teekay Altman Z Score analysis.

For more information on how to buy Teekay Stock please use our How to buy in Teekay Stock guide.

The value of Market Cap is estimated to slide to about 601 M. The Enterprise Value is projected to slide to about 12.2 M

Teekay Company odds of financial distress Analysis

Teekay's Probability Of Bankruptcy is a relative measure of the likelihood of financial distress. For stocks, the Probability Of Bankruptcy is the normalized value of Z-Score. For funds and ETFs, it is derived from a multi-factor model developed by Macroaxis. The score is used to predict the probability of a firm or a fund experiencing financial distress within the next 24 months. Unlike Z-Score, Probability Of Bankruptcy is the value between 0 and 100, indicating the firm's actual probability it will be financially distressed in the next 2 fiscal years.

Probability Of Bankruptcy

Normalized

Z-Score

More About Probability Of Bankruptcy | All Equity Analysis

Current Teekay Probability Of Bankruptcy

Less than 1%

Most of Teekay's fundamental indicators, such as Probability Of Bankruptcy, are part of a valuation analysis module that helps investors searching for stocks that are currently trading at higher or lower prices than their real value. If the real value is higher than the market price, Teekay is considered to be undervalued, and we provide a buy recommendation. Otherwise, we render a sell signal.

Our calculation of Teekay probability of bankruptcy is based on Altman Z-Score and Piotroski F-Score, but not limited to these measures. To be applied to a broader range of industries and markets, we use several other techniques to enhance the accuracy of predicting Teekay odds of financial distress. These include financial statement analysis, different types of price predictions, earning estimates, analysis consensus, and basic intrinsic valuation. Please use the options below to get a better understanding of different measures that drive the calculation of Teekay financial health.

Is Oil & Gas Storage & Transportation space 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

(0.24)

Earnings Share

1.51

Revenue Per Share

13.369

Return On Assets

0.0956

Return On Equity

0.215

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.

Teekay Probability Of Bankruptcy Driver Correlations

Understanding the fundamental principles of building solid financial models for Teekay is extremely important. It helps to project a fair market value of Teekay Stock properly, considering its historical fundamentals such as Probability Of Bankruptcy. Since Teekay's main accounts across its financial reports are all linked and dependent on each other, it is essential to analyze all possible correlations between related accounts. However, instead of reviewing all of Teekay's historical financial statements, investors can examine the correlated drivers to determine its overall health. This can be effectively done using a conventional correlation matrix of Teekay's interrelated accounts and indicators.

	Total Assets	Total Stockholder Equity	Net Debt	Retained Earnings	Accounts Payable	Net Receivables	Total Liab	Total Current Assets	Short Term Investments	Short Term Debt	Common Stock	Long Term Debt	Property Plant Equipment	Good Will	Intangible Assets	Current Deferred Revenue	Net Tangible Assets	Long Term Investments	Short Long Term Debt	Long Term Debt Total	Cash And Equivalents	Net Invested Capital	Net Working Capital	Deferred Long Term Liab	Capital Stock
Total Assets		0.59	0.97	0.44	0.28	0.71	1.0	0.14	0.06	0.87	0.04	0.95	0.96	0.82	0.78	0.81	0.34	0.55	0.27	0.76	0.58	0.76	-0.59	0.46	0.6
Total Stockholder Equity	0.59		0.53	0.79	-0.13	0.63	0.57	-0.05	-0.01	0.42	-0.31	0.69	0.65	0.71	0.64	0.63	0.64	-0.05	0.51	0.48	0.62	0.39	-0.46	-0.06	-0.01
Net Debt	0.97	0.53		0.47	0.38	0.73	0.98	-0.07	0.1	0.86	-0.04	0.95	0.97	0.81	0.85	0.86	0.4	0.69	0.34	0.86	0.67	0.87	-0.74	0.52	0.67
Retained Earnings	0.44	0.79	0.47		-0.28	0.41	0.47	-0.19	-0.12	0.32	-0.77	0.62	0.56	0.81	0.79	0.79	0.91	-0.04	0.84	0.72	0.83	0.59	-0.64	0.14	0.17
Accounts Payable	0.28	-0.13	0.38	-0.28		0.44	0.28	-0.16	0.29	0.4	0.41	0.12	0.25	-0.13	0.19	0.03	-0.28	0.72	-0.13	0.2	0.02	0.37	-0.21	0.28	0.37
Net Receivables	0.71	0.63	0.73	0.41	0.44		0.72	-0.07	0.47	0.74	0.02	0.71	0.73	0.6	0.59	0.58	0.32	0.34	0.35	0.55	0.52	0.53	-0.5	0.22	0.3
Total Liab	1.0	0.57	0.98	0.47	0.28	0.72		0.13	0.07	0.86	-0.02	0.95	0.96	0.84	0.81	0.84	0.39	0.56	0.33	0.8	0.62	0.8	-0.62	0.5	0.65
Total Current Assets	0.14	-0.05	-0.07	-0.19	-0.16	-0.07	0.13		-0.12	0.06	0.3	-0.07	-0.11	-0.06	-0.21	-0.18	-0.17	-0.33	-0.11	-0.24	-0.38	-0.2	0.61	0.09	0.15
Short Term Investments	0.06	-0.01	0.1	-0.12	0.29	0.47	0.07	-0.12		0.32	0.24	0.03	0.05	0.03	-0.1	0.01	-0.11	0.0	0.06	-0.04	0.08	-0.07	-0.02	0.21	0.1
Short Term Debt	0.87	0.42	0.86	0.32	0.4	0.74	0.86	0.06	0.32		0.02	0.77	0.82	0.69	0.68	0.72	0.22	0.53	0.23	0.66	0.61	0.71	-0.58	0.41	0.52
Common Stock	0.04	-0.31	-0.04	-0.77	0.41	0.02	-0.02	0.3	0.24	0.02		-0.16	-0.11	-0.48	-0.48	-0.5	-0.7	0.17	-0.75	-0.51	-0.63	-0.36	0.49	0.1	0.04
Long Term Debt	0.95	0.69	0.95	0.62	0.12	0.71	0.95	-0.07	0.03	0.77	-0.16		0.98	0.91	0.84	0.9	0.51	0.48	0.4	0.84	0.7	0.78	-0.74	0.4	0.52
Property Plant Equipment	0.96	0.65	0.97	0.56	0.25	0.73	0.96	-0.11	0.05	0.82	-0.11	0.98		0.87	0.85	0.89	0.44	0.56	0.35	0.84	0.72	0.81	-0.75	0.41	0.53
Good Will	0.82	0.71	0.81	0.81	-0.13	0.6	0.84	-0.06	0.03	0.69	-0.48	0.91	0.87		0.86	0.96	0.69	0.25	0.61	0.87	0.84	0.75	-0.73	0.33	0.44
Intangible Assets	0.78	0.64	0.85	0.79	0.19	0.59	0.81	-0.21	-0.1	0.68	-0.48	0.84	0.85	0.86		0.94	0.73	0.53	0.69	0.95	0.87	0.94	-0.85	0.46	0.59
Current Deferred Revenue	0.81	0.63	0.86	0.79	0.03	0.58	0.84	-0.18	0.01	0.72	-0.5	0.9	0.89	0.96	0.94		0.66	0.44	0.65	0.94	0.87	0.86	-0.84	0.42	0.54
Net Tangible Assets	0.34	0.64	0.4	0.91	-0.28	0.32	0.39	-0.17	-0.11	0.22	-0.7	0.51	0.44	0.69	0.73	0.66		-0.03	0.79	0.67	0.79	0.59	-0.56	0.33	0.32
Long Term Investments	0.55	-0.05	0.69	-0.04	0.72	0.34	0.56	-0.33	0.0	0.53	0.17	0.48	0.56	0.25	0.53	0.44	-0.03		0.02	0.59	0.3	0.72	-0.61	0.44	0.6
Short Long Term Debt	0.27	0.51	0.34	0.84	-0.13	0.35	0.33	-0.11	0.06	0.23	-0.75	0.4	0.35	0.61	0.69	0.65	0.79	0.02		0.65	0.63	0.54	-0.54	0.26	0.32
Long Term Debt Total	0.76	0.48	0.86	0.72	0.2	0.55	0.8	-0.24	-0.04	0.66	-0.51	0.84	0.84	0.87	0.95	0.94	0.67	0.59	0.65		0.85	0.95	-0.86	0.5	0.64
Cash And Equivalents	0.58	0.62	0.67	0.83	0.02	0.52	0.62	-0.38	0.08	0.61	-0.63	0.7	0.72	0.84	0.87	0.87	0.79	0.3	0.63	0.85		0.79	-0.8	0.32	0.35
Net Invested Capital	0.76	0.39	0.87	0.59	0.37	0.53	0.8	-0.2	-0.07	0.71	-0.36	0.78	0.81	0.75	0.94	0.86	0.59	0.72	0.54	0.95	0.79		-0.82	0.57	0.73
Net Working Capital	-0.59	-0.46	-0.74	-0.64	-0.21	-0.5	-0.62	0.61	-0.02	-0.58	0.49	-0.74	-0.75	-0.73	-0.85	-0.84	-0.56	-0.61	-0.54	-0.86	-0.8	-0.82		-0.3	-0.41
Deferred Long Term Liab	0.46	-0.06	0.52	0.14	0.28	0.22	0.5	0.09	0.21	0.41	0.1	0.4	0.41	0.33	0.46	0.42	0.33	0.44	0.26	0.5	0.32	0.57	-0.3		0.92
Capital Stock	0.6	-0.01	0.67	0.17	0.37	0.3	0.65	0.15	0.1	0.52	0.04	0.52	0.53	0.44	0.59	0.54	0.32	0.6	0.32	0.64	0.35	0.73	-0.41	0.92

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The Probability of Bankruptcy SHOULD NOT be confused with the actual chance of a company to file for chapter 7, 11, 12, or 13 bankruptcy protection. Macroaxis simply defines Financial Distress as an operational condition where a company is having difficulty meeting its current financial obligations towards its creditors or delivering on the expectations of its investors. Macroaxis derives these conditions daily from both public financial statements as well as analysis of stock prices reacting to market conditions or economic downturns, including short-term and long-term historical volatility. Other factors taken into account include analysis of liquidity, revenue patterns, R&D expenses, and commitments, as well as public headlines and social sentiment.

Competition

Predict Teekay

Based on the latest financial disclosure, Teekay has a Probability Of Bankruptcy of 1.0%. This is 97.93% lower than that of the Oil, Gas & Consumable Fuels sector and 98.0% lower than that of the Energy industry. The probability of bankruptcy for all United States stocks is 97.49% higher than that of the company.

Teekay Probability Of Bankruptcy Peer Comparison

Stock peer comparison is one of the most widely used and accepted methods of equity analyses. It analyses Teekay's direct or indirect competition against its Probability Of Bankruptcy to detect undervalued stocks with similar characteristics or determine the stocks which would be a good addition to a portfolio. Peer analysis of Teekay could also be used in its relative valuation, which is a method of valuing Teekay by comparing valuation metrics of similar companies.

Teekay is currently under evaluation in probability of bankruptcy category among its peers.

Teekay Main Bankruptcy Drivers

	2020	2021	2022	2023	2024	2025 (projected)
Return On Assets	0.0131	(0.0425)	0.0968	0.0686	0.0621	0.0652
Asset Turnover	0.26	0.1	0.55	0.67	0.57	0.6
Gross Profit Margin	0.31	(0.0729)	0.25	0.4	0.32	0.43
Net Debt	3.5B	896.2M	287.5M	(252.9M)	(619.8M)	(588.8M)
Total Current Liabilities	877.9M	3.3B	215.7M	172.8M	132.6M	126.0M
Non Current Liabilities Total	3.6B	770.4M	579.6M	223.5M	85.4M	81.1M
Total Assets	6.9B	6.5B	2.2B	2.2B	2.2B	2.0B
Total Current Assets	721.1M	5.1B	826.7M	921.9M	927.1M	987.0M
Total Cash From Operating Activities	984.0M	76.0M	199.2M	629.8M	467.2M	411.5M

Teekay ESG Sustainability

Some studies have found that companies with high sustainability scores are getting higher valuations than competitors with lower social-engagement activities. While most ESG disclosures are voluntary and do not directly affect the long term financial condition, Teekay's sustainability indicators can be used to identify proper investment strategies using environmental, social, and governance scores that are crucial to Teekay's managers, analysts, and investors.

Environmental

Governance

Social

Teekay Fundamentals

	Return On Equity	0.22
	Return On Asset	0.0956
	Profit Margin	0.11 %
	Operating Margin	0.17 %
	Current Valuation	(93.34 M)
	Shares Outstanding	87.69 M
	Shares Owned By Insiders	36.41 %
	Shares Owned By Institutions	43.42 %
	Number Of Shares Shorted	851.85 K
	Price To Earning	59.46 X
	Price To Book	0.79 X
	Price To Sales	0.46 X
	Revenue	1.22 B
	Gross Profit	487.44 M
	EBITDA	503.15 M
	Net Income	401.62 M
	Cash And Equivalents	309.86 M
	Cash Per Share	4.28 X
	Total Debt	65.55 M
	Debt To Equity	0.50 %
	Current Ratio	2.93 X
	Book Value Per Share	8.17 X
	Cash Flow From Operations	467.19 M
	Short Ratio	1.20 X
	Earnings Per Share	1.51 X
	Price To Earnings To Growth	0.27 X
	Target Price	5.0
	Number Of Employees	2.33 K
	Beta	0.47
	Market Capitalization	586.67 M
	Total Asset	2.15 B
	Retained Earnings	(166.87 M)
	Working Capital	794.48 M
	Current Asset	480.53 M
	Current Liabilities	274.63 M
	Annual Yield	0.10 %
	Five Year Return	5.31 %
	Net Asset	2.15 B

About Teekay Fundamental Analysis

The Macroaxis Fundamental Analysis modules help investors analyze Teekay's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of Teekay using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of Teekay based on its fundamental data. In general, a quantitative approach, as applied to this company, focuses on analyzing financial statements comparatively, whereas a qaualitative method uses data that is important to a company's growth but cannot be measured and presented in a numerical way.

Please read more on our fundamental analysis page.

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Check out Teekay Piotroski F Score and Teekay Altman Z Score analysis.

For more information on how to buy Teekay Stock please use our How to buy in Teekay Stock guide.

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Quarterly Earnings Growth

(0.24)

Earnings Share

1.51

Revenue Per Share

13.369

Return On Assets

0.0956

Return On Equity

0.215

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Teekay Stock Probability Of Bankruptcy

Teekay Company odds of financial distress Analysis

Probability Of Bankruptcy

Normalized

Z-Score

Current Teekay Probability Of Bankruptcy

Teekay Probability Of Bankruptcy Driver Correlations

Teekay Probability Of Bankruptcy Peer Comparison

Teekay Main Bankruptcy Drivers

Teekay ESG Sustainability

Teekay Fundamentals

About Teekay Fundamental Analysis

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