Tilray Inventory vs Intangible Assets Analysis

TLRY Stock

USD 2.15 0.16 8.04%

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 Inventory and its Intangible Assets 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.

Inventory vs Intangible Assets

Inventory vs Intangible Assets Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Tilray Inc Inventory account and Intangible Assets. At this time, the significance of the direction appears to have very strong relationship.

The correlation between Tilray's Inventory and Intangible Assets is 0.87. Overlapping area represents the amount of variation of Inventory that can explain the historical movement of Intangible Assets 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 Inventory and Intangible Assets is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Inventory of Tilray Inc are associated (or correlated) with its Intangible Assets. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Intangible Assets has no effect on the direction of Inventory i.e., Tilray's Inventory and Intangible Assets go up and down completely randomly.

Correlation Coefficient

0.87

Relationship Direction	Positive
Relationship Strength	Strong

View All Relationships

Inventory

Intangible Assets

Non-physical assets possessed by a company, such as patents, trademarks, and copyrights, which provide long-term value.

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

Click cells to compare fundamentals

Tilray Account Relationship Matchups

Currently Active Assets on Macroaxis

S	SentinelOne
CRM	Salesforce
F	Ford Motor
V	Visa Class A
MSFT	Microsoft

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

Details

Is Tilray Stock a good investment?

Details

What is Tilray's Net Worth?

Details

Largest Pharmaceuticals Companies

View

Largest Pharmaceuticals, Biotechnology & Life Sciences Companies

View

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 Global Markets Map module to get a quick overview of global market snapshot using zoomable world map. Drill down to check world indexes.

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.

	Equity Forecasting Use basic forecasting models to generate price predictions and determine price momentum
	Price Transformation Use Price Transformation models to analyze the depth of different equity instruments across global markets
	FinTech Suite Use AI to screen and filter profitable investment opportunities
	Portfolio Backtesting Avoid under-diversification and over-optimization by backtesting your portfolios
	Portfolio Analyzer Portfolio analysis module that provides access to portfolio diagnostics and optimization engine
	Transaction History View history of all your transactions and understand their impact on performance

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.

Macroaxis helps investors of all levels and skills to maximize the upside of all their holdings and minimize the risk associated with market volatility, economic swings, and company-specific events. View terms and conditions

Feedback Blog

Made with optimal in San Francisco

2024 Macroaxis LLC

Tilray Inventory vs Intangible Assets Analysis

Inventory vs Intangible Assets

Inventory vs Intangible Assets Correlation Analysis

Correlation Coefficient

Inventory

Intangible Assets

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