Teekay (TK) Financials

The income statement of Teekay Corp (TK) provides a detailed overview of the company's financial performance. It shows the revenue generated by the company, the expenses incurred, and the net income from stockholders. The total revenue of Teekay Corp is a key indicator of its success, as it represents the amount of money generated from its operations. The gross profit is calculated by subtracting the cost of goods sold from the total revenue.

The EBIT (Earnings Before Interest and Taxes) serves as a measure of Teekay Corp's profitability before accounting for interest and taxes. It provides a snapshot of the company's operational efficiency. The EBITDA (Earnings Before Interest, Taxes, Depreciation, and Amortization) is another important metric that measures the company's profitability and includes the non-cash expenses of depreciation and amortization.

Moving on to the balance sheet of Teekay Corp, it represents the company's financial position at a specific point in time. The total assets include all the resources owned by the company, such as cash equivalents, property, and investments. The total liabilities encompass the obligations of the company, including debts and accounts payable. The stockholders' equity represents the ownership interest in the company and is calculated by subtracting total liabilities from total assets.

The cash flow statement of Teekay Corp provides insights into how the company manages its cash inflows and outflows. It includes three main sections: operating cash flow, investing cash flow, and financing cash flow. The operating cash flow shows the cash generated from the company's core operations, such as sales and expenses. The investing cash flow reveals the cash used for acquiring or selling assets, while the financing cash flow represents the cash raised through borrowing or issuing stocks.

Lastly, the free cash flow is a crucial indicator of Teekay Corp's financial health. It represents the cash that remains after the company has covered its operating and capital expenditures. This cash can be used for investments, debt repayment, or shareholder distributions. By analyzing these financial metrics, investors and analysts can assess the performance and stability of Teekay Corp (TK).