Tilray Cash And Short Term Investments vs Cash Analysis

TLRY Stock

USD 1.99 0.06 3.11%

Tilray financial indicator trend analysis is much more than just breaking down Tilray Inc prevalent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Tilray Inc is a good investment. Please check the relationship between Tilray Cash And Short Term Investments and its Cash accounts. Check out World Market Map to better understand how to build diversified portfolios, which includes a position in Tilray Inc. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in metropolitan statistical area.

Cash And Short Term Investments vs Cash

Cash And Short Term Investments vs Cash Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Tilray Inc Cash And Short Term Investments account and Cash. At this time, the significance of the direction appears to have almost identical trend.

The correlation between Tilray's Cash And Short Term Investments and Cash is 0.95. Overlapping area represents the amount of variation of Cash And Short Term Investments that can explain the historical movement of Cash in the same time period over historical financial statements of Tilray Inc, assuming nothing else is changed. The correlation between historical values of Tilray's Cash And Short Term Investments and Cash is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Cash And Short Term Investments of Tilray Inc are associated (or correlated) with its Cash. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Cash has no effect on the direction of Cash And Short Term Investments i.e., Tilray's Cash And Short Term Investments and Cash go up and down completely randomly.

Correlation Coefficient

0.95

Relationship Direction	Positive
Relationship Strength	Very Strong

View All Relationships

Cash And Short Term Investments

Short Term Investments is an account in the current assets section of Tilray Inc balance sheet. This account contains Tilray investments that will expire within one year. These investments include stocks and bonds that can be liquidated by Tilray Inc fairly quickly. The sum of a company's cash on hand, including bank deposits and short-term, highly liquid investments that are easily convertible to known amounts of cash.

Cash

Cash refers to the most liquid asset of Tilray Inc, which is listed under current asset account on Tilray Inc balance sheet and usually includes currency, coins, checking accounts, and not deposited checks received from Tilray customers. The amounts must be unrestricted with restricted cash listed in a different Tilray account. The total amount of money in the form of currency that a company has in its possession. This includes all bills, coins, and funds in bank accounts.

Most indicators from Tilray's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Tilray Inc current financial condition. On the other hand, looking into the entire matrix of fundamental ratios indicators, 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 Tilray Inc. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in metropolitan statistical area.

At this time, Tilray's Selling General Administrative is fairly stable compared to the past year. Issuance Of Capital Stock is likely to rise to about 164.6 M in 2024, despite the fact that Tax Provision is likely to grow to (6.1 M).

	2021	2022	2023	2024 (projected)
Cost Of Revenue	389.9M	511.6M	480.2M	504.2M
Research Development	830K	1.5M	682K	960.4K

Cost Of Revenue Research Development

Tilray fundamental ratios Correlations

	Total Assets	Other Current Liab	Total Current Liabilities	Total Stockholder Equity	Net Debt	Retained Earnings	Cash	Cash And Short Term Investments	Net Receivables	Common Stock Shares Outstanding	Short Term Investments	Other Current Assets	Other Stockholder Equity	Total Liab	Total Current Assets	Common Stock Total Equity	Common Stock	Property Plant And Equipment Net	Accounts Payable	Non Current Assets Total	Non Currrent Assets Other	Inventory	Property Plant And Equipment Gross	Intangible Assets	Good Will	Short Long Term Debt Total
Total Assets		0.67	0.94	1.0	0.86	-0.7	0.79	0.84	0.95	0.85	0.64	0.81	0.91	0.98	0.88	0.85	-0.06	0.91	0.62	0.97	0.49	0.89	0.8	0.96	0.96	0.96
Other Current Liab	0.67		0.49	0.67	0.41	-0.14	0.72	0.64	0.63	0.38	0.13	0.72	0.45	0.67	0.7	0.61	0.12	0.74	0.54	0.72	0.51	0.77	0.72	0.72	0.7	0.71
Total Current Liabilities	0.94	0.49		0.94	0.93	-0.87	0.65	0.77	0.92	0.92	0.74	0.72	0.95	0.94	0.79	0.84	-0.13	0.8	0.58	0.86	0.25	0.81	0.73	0.85	0.86	0.89
Total Stockholder Equity	1.0	0.67	0.94		0.86	-0.71	0.77	0.83	0.94	0.86	0.67	0.8	0.92	0.97	0.86	0.84	-0.08	0.9	0.6	0.97	0.53	0.89	0.79	0.95	0.96	0.95
Net Debt	0.86	0.41	0.93	0.86		-0.83	0.42	0.54	0.73	0.8	0.68	0.5	0.95	0.86	0.57	0.69	-0.46	0.6	0.25	0.8	0.18	0.63	0.52	0.83	0.83	0.8
Retained Earnings	-0.7	-0.14	-0.87	-0.71	-0.83		-0.27	-0.47	-0.69	-0.93	-0.92	-0.42	-0.89	-0.66	-0.49	-0.69	0.31	-0.46	-0.33	-0.58	-0.14	-0.52	-0.44	-0.56	-0.61	-0.57
Cash	0.79	0.72	0.65	0.77	0.42	-0.27		0.95	0.88	0.55	0.24	0.9	0.5	0.83	0.95	0.71	0.45	0.94	0.87	0.78	0.45	0.89	0.87	0.75	0.73	0.86
Cash And Short Term Investments	0.84	0.64	0.77	0.83	0.54	-0.47	0.95		0.93	0.7	0.41	0.9	0.62	0.87	0.99	0.8	0.38	0.95	0.88	0.83	0.38	0.91	0.92	0.8	0.79	0.9
Net Receivables	0.95	0.63	0.92	0.94	0.73	-0.69	0.88	0.93		0.88	0.64	0.86	0.83	0.95	0.94	0.9	0.17	0.94	0.8	0.88	0.45	0.91	0.88	0.85	0.86	0.93
Common Stock Shares Outstanding	0.85	0.38	0.92	0.86	0.8	-0.93	0.55	0.7	0.88		0.91	0.61	0.91	0.8	0.71	0.88	-0.09	0.71	0.56	0.74	0.37	0.7	0.69	0.7	0.75	0.73
Short Term Investments	0.64	0.13	0.74	0.67	0.68	-0.92	0.24	0.41	0.64	0.91		0.36	0.84	0.55	0.43	0.64	-0.3	0.42	0.29	0.54	0.4	0.46	0.37	0.5	0.57	0.47
Other Current Assets	0.81	0.72	0.72	0.8	0.5	-0.42	0.9	0.9	0.86	0.61	0.36		0.59	0.82	0.95	0.65	0.36	0.93	0.89	0.8	0.4	0.98	0.79	0.77	0.76	0.85
Other Stockholder Equity	0.91	0.45	0.95	0.92	0.95	-0.89	0.5	0.62	0.83	0.91	0.84	0.59		0.87	0.66	0.76	-0.38	0.68	0.37	0.85	0.41	0.71	0.58	0.85	0.88	0.82
Total Liab	0.98	0.67	0.94	0.97	0.86	-0.66	0.83	0.87	0.95	0.8	0.55	0.82	0.87		0.89	0.83	-0.01	0.92	0.65	0.94	0.36	0.9	0.83	0.94	0.93	0.98
Total Current Assets	0.88	0.7	0.79	0.86	0.57	-0.49	0.95	0.99	0.94	0.71	0.43	0.95	0.66	0.89		0.79	0.34	0.98	0.88	0.87	0.43	0.96	0.91	0.84	0.83	0.92
Common Stock Total Equity	0.85	0.61	0.84	0.84	0.69	-0.69	0.71	0.8	0.9	0.88	0.64	0.65	0.76	0.83	0.79		0.16	0.82	0.66	0.77	0.37	0.73	0.92	0.74	0.76	0.79
Common Stock	-0.06	0.12	-0.13	-0.08	-0.46	0.31	0.45	0.38	0.17	-0.09	-0.3	0.36	-0.38	-0.01	0.34	0.16		0.32	0.67	-0.09	-0.06	0.22	0.41	-0.15	-0.17	0.01
Property Plant And Equipment Net	0.91	0.74	0.8	0.9	0.6	-0.46	0.94	0.95	0.94	0.71	0.42	0.93	0.68	0.92	0.98	0.82	0.32		0.84	0.9	0.49	0.95	0.92	0.88	0.87	0.93
Accounts Payable	0.62	0.54	0.58	0.6	0.25	-0.33	0.87	0.88	0.8	0.56	0.29	0.89	0.37	0.65	0.88	0.66	0.67	0.84		0.56	0.26	0.83	0.81	0.51	0.5	0.66
Non Current Assets Total	0.97	0.72	0.86	0.97	0.8	-0.58	0.78	0.83	0.88	0.74	0.54	0.8	0.85	0.94	0.87	0.77	-0.09	0.9	0.56		0.56	0.89	0.79	1.0	1.0	0.96
Non Currrent Assets Other	0.49	0.51	0.25	0.53	0.18	-0.14	0.45	0.38	0.45	0.37	0.4	0.4	0.41	0.36	0.43	0.37	-0.06	0.49	0.26	0.56		0.46	0.34	0.52	0.57	0.4
Inventory	0.89	0.77	0.81	0.89	0.63	-0.52	0.89	0.91	0.91	0.7	0.46	0.98	0.71	0.9	0.96	0.73	0.22	0.95	0.83	0.89	0.46		0.83	0.87	0.86	0.91
Property Plant And Equipment Gross	0.8	0.72	0.73	0.79	0.52	-0.44	0.87	0.92	0.88	0.69	0.37	0.79	0.58	0.83	0.91	0.92	0.41	0.92	0.81	0.79	0.34	0.83		0.76	0.74	0.83
Intangible Assets	0.96	0.72	0.85	0.95	0.83	-0.56	0.75	0.8	0.85	0.7	0.5	0.77	0.85	0.94	0.84	0.74	-0.15	0.88	0.51	1.0	0.52	0.87	0.76		0.99	0.96
Good Will	0.96	0.7	0.86	0.96	0.83	-0.61	0.73	0.79	0.86	0.75	0.57	0.76	0.88	0.93	0.83	0.76	-0.17	0.87	0.5	1.0	0.57	0.86	0.74	0.99		0.95
Short Long Term Debt Total	0.96	0.71	0.89	0.95	0.8	-0.57	0.86	0.9	0.93	0.73	0.47	0.85	0.82	0.98	0.92	0.79	0.01	0.93	0.66	0.96	0.4	0.91	0.83	0.96	0.95

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Tilray Account Relationship Matchups

Currently Active Assets on Macroaxis

XERS	Xeris Pharmaceuticals
IGM	iShares Expanded Tech
QCOM	Qualcomm Incorporated
QTEC	First Trust NASDAQ 100 Technology
BA	The Boeing

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:

How To Invest In Tilray

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Is Tilray Stock a good investment?

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What is Tilray's Net Worth?

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Check out World Market Map to better understand how to build diversified portfolios, which includes a position in Tilray Inc. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in metropolitan statistical area.

You can also try the Transaction History module to view history of all your transactions and understand their impact on performance.

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.

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Tilray Cash And Short Term Investments vs Cash Analysis

Cash And Short Term Investments vs Cash

Cash And Short Term Investments vs Cash Correlation Analysis

Correlation Coefficient

Cash And Short Term Investments

Cash

Tilray fundamental ratios Correlations

Tilray Account Relationship Matchups

High Positive Relationship

High Negative Relationship

Currently Active Assets on Macroaxis

Complementary Tools for Tilray Stock analysis

COMMON DESTINATIONS

MAIN CATEGORIES

COMPANY

Total Stockholder Equity	+ 1.0	Total Assets
Intangible Assets	+ 1.0	Non Current Assets Total
Good Will	+ 1.0	Non Current Assets Total
Total Current Assets	+ 0.99	Cash And Short Term Investments
Good Will	+ 0.99	Intangible Assets
Total Liab	+ 0.98	Total Assets

Common Stock Shares Outstanding	- 0.93	Retained Earnings
Short Term Investments	- 0.92	Retained Earnings
Other Stockholder Equity	- 0.89	Retained Earnings
Retained Earnings	- 0.87	Total Current Liabilities
Retained Earnings	- 0.83	Net Debt
Retained Earnings	- 0.71	Total Stockholder Equity