Tilray Inc Stock Current Ratio
| TLRY Stock | USD 1.84 0.12 6.98% |
Tilray Inc fundamentals help investors to digest information that contributes to Tilray's financial success or failures. It also enables traders to predict the movement of Tilray Stock. The fundamental analysis module provides a way to measure Tilray's intrinsic value by examining its available economic and financial indicators, including the cash flow records, the balance sheet account changes, the income statement patterns, and various microeconomic indicators and financial ratios related to Tilray stock.
| Last Reported | Projected for Next Year | ||
| Current Ratio | 27.05 | 28.40 |
Tilray | Current Ratio |
Tilray Inc Company Current Ratio Analysis
Tilray's Current Ratio is calculated by dividing the Current Assets of a company by its Current Liabilities. It measures whether or not a company has enough cash or liquid assets to pay its current liability over the next fiscal year. The ratio is regarded as a test of liquidity for a company.
Current Tilray Current Ratio | 3.33 X |
Most of Tilray's fundamental indicators, such as Current Ratio, 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, Tilray Inc is considered to be undervalued, and we provide a buy recommendation. Otherwise, we render a sell signal.
Tilray Current Ratio Driver Correlations
Understanding the fundamental principles of building solid financial models for Tilray is extremely important. It helps to project a fair market value of Tilray Stock properly, considering its historical fundamentals such as Current Ratio. Since Tilray'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 Tilray'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 Tilray's interrelated accounts and indicators.
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Tilray Current Ratio Historical Pattern
Today, most investors in Tilray Stock are looking for potential investment opportunities by analyzing not only static indicators but also various Tilray's growth ratios. Consistent increases or drops in fundamental ratios usually indicate a possible pattern that can be successfully translated into profits. However, when comparing two companies, knowing each company's current ratio growth rates may not be enough to decide which company is a better investment. That's why investors frequently use a static breakdown of Tilray current ratio as a starting point in their analysis.
Tilray Current Ratio |
| Timeline |
Typically, short-term creditors will prefer a high current ratio because it reduces their overall risk. However, investors may prefer a lower current ratio since they are more concerned about growing the business using assets of the company. Acceptable current ratios may vary from one sector to another, but the generally accepted benchmark is to have current assets at least as twice as current liabilities (i.e., Current Ration of 2 to 1).
| Competition |
Tilray Price To Sales Ratio
Price To Sales Ratio |
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In accordance with the recently published financial statements, Tilray Inc has a Current Ratio of 3.33 times. This is 14.43% higher than that of the Pharmaceuticals sector and significantly higher than that of the Health Care industry. The current ratio for all United States stocks is 54.17% lower than that of the firm.
Tilray Current Ratio Peer Comparison
Stock peer comparison is one of the most widely used and accepted methods of equity analyses. It analyses Tilray's direct or indirect competition against its Current Ratio to detect undervalued stocks with similar characteristics or determine the stocks which would be a good addition to a portfolio. Peer analysis of Tilray could also be used in its relative valuation, which is a method of valuing Tilray by comparing valuation metrics of similar companies.Tilray is currently under evaluation in current ratio category among related companies.
Tilray Current Valuation Drivers
We derive many important indicators used in calculating different scores of Tilray from analyzing Tilray's financial statements. These drivers represent accounts that assess Tilray's ability to generate profits relative to its revenue, operating costs, and shareholders' equity. Below are some of Tilray's important valuation drivers and their relationship over time.
| 2019 | 2020 | 2021 | 2022 | 2023 | 2024 (projected) | ||
| Market Cap | 1.4B | 4.6B | 2.2B | 1.0B | 78.9M | 74.9M | |
| Enterprise Value | 1.3B | 5.0B | 2.4B | 1.4B | 78.9M | 74.9M |
Tilray Fundamentals
| Return On Equity | -0.0969 | ||||
| Return On Asset | -0.0167 | ||||
| Profit Margin | (0.47) % | ||||
| Operating Margin | (0.17) % | ||||
| Current Valuation | 1.57 B | ||||
| Shares Outstanding | 774.03 M | ||||
| Shares Owned By Insiders | 1.33 % | ||||
| Shares Owned By Institutions | 10.98 % | ||||
| Number Of Shares Shorted | 116.45 M | ||||
| Price To Earning | 9.44 X | ||||
| Price To Book | 0.42 X | ||||
| Price To Sales | 1.90 X | ||||
| Revenue | 627.12 M | ||||
| Gross Profit | 116.82 M | ||||
| EBITDA | (114.91 M) | ||||
| Net Income | (1.44 B) | ||||
| Cash And Equivalents | 490.64 M | ||||
| Cash Per Share | 0.80 X | ||||
| Total Debt | 590.13 M | ||||
| Debt To Equity | 0.14 % | ||||
| Current Ratio | 3.33 X | ||||
| Book Value Per Share | 4.34 X | ||||
| Cash Flow From Operations | 7.91 M | ||||
| Short Ratio | 3.70 X | ||||
| Earnings Per Share | (0.44) X | ||||
| Price To Earnings To Growth | (1.56) X | ||||
| Target Price | 2.36 | ||||
| Number Of Employees | 1.6 K | ||||
| Beta | 2.46 | ||||
| Market Capitalization | 1.33 B | ||||
| Total Asset | 4.31 B | ||||
| Retained Earnings | (2.42 B) | ||||
| Working Capital | 340.05 M | ||||
| Net Asset | 4.31 B |
About Tilray Fundamental Analysis
The Macroaxis Fundamental Analysis modules help investors analyze Tilray Inc's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of Tilray using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of Tilray Inc 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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When determining whether Tilray Inc offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Tilray's financial statements, including income statements, balance sheets, and cash flow statements, to assess its financial health. Key financial ratios are used to gauge profitability, efficiency, and growth potential of Tilray Inc Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Tilray Inc Stock:Check out Tilray Piotroski F Score and Tilray Altman Z Score analysis. You can also try the Equity Valuation module to check real value of public entities based on technical and fundamental data.
Complementary Tools for Tilray Stock analysis
When running Tilray's price analysis, check to measure Tilray's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Tilray is operating at the current time. Most of Tilray's value examination focuses on studying past and present price action to predict the probability of Tilray's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Tilray's price. Additionally, you may evaluate how the addition of Tilray to your portfolios can decrease your overall portfolio volatility.
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Is Tilray'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 Tilray. If investors know Tilray 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 Tilray listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Earnings Share (0.44) | Revenue Per Share 1.042 | Quarterly Revenue Growth 0.294 | Return On Assets (0.02) | Return On Equity (0.1) |
The market value of Tilray Inc is measured differently than its book value, which is the value of Tilray that is recorded on the company's balance sheet. Investors also form their own opinion of Tilray's value that differs from its market value or its book value, called intrinsic value, which is Tilray'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 Tilray's market value can be influenced by many factors that don't directly affect Tilray'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 Tilray's value and its price as these two are different measures arrived at by different means. Investors typically determine if Tilray is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Tilray'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.