Tilray Property Plant And Equipment Net vs Total Stockholder Equity 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 Property Plant And Equipment Net and its Total Stockholder Equity 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.

Property Plant And Equipment Net vs Total Stockholder Equity

Property Plant And Equipment Net vs Total Stockholder Equity Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Tilray Inc Property Plant And Equipment Net account and Total Stockholder Equity. At this time, the significance of the direction appears to have almost identical trend.
The correlation between Tilray's Property Plant And Equipment Net and Total Stockholder Equity is 0.9. Overlapping area represents the amount of variation of Property Plant And Equipment Net that can explain the historical movement of Total Stockholder Equity 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 Property Plant And Equipment Net and Total Stockholder Equity is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Property Plant And Equipment Net of Tilray Inc are associated (or correlated) with its Total Stockholder Equity. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Total Stockholder Equity has no effect on the direction of Property Plant And Equipment Net i.e., Tilray's Property Plant And Equipment Net and Total Stockholder Equity go up and down completely randomly.

Correlation Coefficient

0.9
Relationship DirectionPositive 
Relationship StrengthVery Strong

Property Plant And Equipment Net

The total value of a company's physical assets (such as land, buildings, and equipment) used in operations, net of depreciation. It reflects the company's investment in assets used for production.

Total Stockholder Equity

The total equity held by shareholders, calculated as the difference between a company's total assets and total liabilities. It represents the net value of the company owned by shareholders.
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 Revenue389.9M511.6M480.2M504.2M
Research Development830K1.5M682K960.4K

Tilray fundamental ratios Correlations

0.670.941.00.86-0.70.790.840.950.850.640.810.910.980.880.85-0.060.910.620.970.490.890.80.960.960.96
0.670.490.670.41-0.140.720.640.630.380.130.720.450.670.70.610.120.740.540.720.510.770.720.720.70.71
0.940.490.940.93-0.870.650.770.920.920.740.720.950.940.790.84-0.130.80.580.860.250.810.730.850.860.89
1.00.670.940.86-0.710.770.830.940.860.670.80.920.970.860.84-0.080.90.60.970.530.890.790.950.960.95
0.860.410.930.86-0.830.420.540.730.80.680.50.950.860.570.69-0.460.60.250.80.180.630.520.830.830.8
-0.7-0.14-0.87-0.71-0.83-0.27-0.47-0.69-0.93-0.92-0.42-0.89-0.66-0.49-0.690.31-0.46-0.33-0.58-0.14-0.52-0.44-0.56-0.61-0.57
0.790.720.650.770.42-0.270.950.880.550.240.90.50.830.950.710.450.940.870.780.450.890.870.750.730.86
0.840.640.770.830.54-0.470.950.930.70.410.90.620.870.990.80.380.950.880.830.380.910.920.80.790.9
0.950.630.920.940.73-0.690.880.930.880.640.860.830.950.940.90.170.940.80.880.450.910.880.850.860.93
0.850.380.920.860.8-0.930.550.70.880.910.610.910.80.710.88-0.090.710.560.740.370.70.690.70.750.73
0.640.130.740.670.68-0.920.240.410.640.910.360.840.550.430.64-0.30.420.290.540.40.460.370.50.570.47
0.810.720.720.80.5-0.420.90.90.860.610.360.590.820.950.650.360.930.890.80.40.980.790.770.760.85
0.910.450.950.920.95-0.890.50.620.830.910.840.590.870.660.76-0.380.680.370.850.410.710.580.850.880.82
0.980.670.940.970.86-0.660.830.870.950.80.550.820.870.890.83-0.010.920.650.940.360.90.830.940.930.98
0.880.70.790.860.57-0.490.950.990.940.710.430.950.660.890.790.340.980.880.870.430.960.910.840.830.92
0.850.610.840.840.69-0.690.710.80.90.880.640.650.760.830.790.160.820.660.770.370.730.920.740.760.79
-0.060.12-0.13-0.08-0.460.310.450.380.17-0.09-0.30.36-0.38-0.010.340.160.320.67-0.09-0.060.220.41-0.15-0.170.01
0.910.740.80.90.6-0.460.940.950.940.710.420.930.680.920.980.820.320.840.90.490.950.920.880.870.93
0.620.540.580.60.25-0.330.870.880.80.560.290.890.370.650.880.660.670.840.560.260.830.810.510.50.66
0.970.720.860.970.8-0.580.780.830.880.740.540.80.850.940.870.77-0.090.90.560.560.890.791.01.00.96
0.490.510.250.530.18-0.140.450.380.450.370.40.40.410.360.430.37-0.060.490.260.560.460.340.520.570.4
0.890.770.810.890.63-0.520.890.910.910.70.460.980.710.90.960.730.220.950.830.890.460.830.870.860.91
0.80.720.730.790.52-0.440.870.920.880.690.370.790.580.830.910.920.410.920.810.790.340.830.760.740.83
0.960.720.850.950.83-0.560.750.80.850.70.50.770.850.940.840.74-0.150.880.511.00.520.870.760.990.96
0.960.70.860.960.83-0.610.730.790.860.750.570.760.880.930.830.76-0.170.870.51.00.570.860.740.990.95
0.960.710.890.950.8-0.570.860.90.930.730.470.850.820.980.920.790.010.930.660.960.40.910.830.960.95
Click cells to compare fundamentals

Tilray Account Relationship Matchups

Currently Active Assets on Macroaxis

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 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 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.
Sign In To Macroaxis
Sign in to explore Macroaxis' wealth optimization platform and fintech modules
Instant Ratings
Determine any equity ratings based on digital recommendations. Macroaxis instant equity ratings are based on combination of fundamental analysis and risk-adjusted market performance
Sync Your Broker
Sync your existing holdings, watchlists, positions or portfolios from thousands of online brokerage services, banks, investment account aggregators and robo-advisors.
Share Portfolio
Track or share privately all of your investments from the convenience of any device
Insider Screener
Find insiders across different sectors to evaluate their impact on performance
Technical Analysis
Check basic technical indicators and analysis based on most latest market data
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.