Tilray Short Term Debt vs Total Current Assets Analysis

TLRY Stock

USD 1.78 0.03 1.71%

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 Short Term Debt and its Total Current 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.

Short Term Debt vs Total Current Assets

Short Term Debt vs Total Current Assets Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Tilray Inc Short Term Debt account and Total Current Assets. At this time, the significance of the direction appears to have fragmental relationship.

The correlation between Tilray's Short Term Debt and Total Current Assets is 0.49. Overlapping area represents the amount of variation of Short Term Debt that can explain the historical movement of Total Current 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 Short Term Debt and Total Current 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 Short Term Debt of Tilray Inc are associated (or correlated) with its Total Current Assets. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Total Current Assets has no effect on the direction of Short Term Debt i.e., Tilray's Short Term Debt and Total Current Assets go up and down completely randomly.

Correlation Coefficient

0.49

Relationship Direction	Positive
Relationship Strength	Weak

View All Relationships

Short Term Debt

Total Current Assets

The total value of all assets that are expected to be converted into cash within one year or during the normal operating cycle.

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

GM	General Motors
S	SentinelOne
MSFT	Microsoft
C	Citigroup
F	Ford Motor

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 Options Analysis module to analyze and evaluate options and option chains as a potential hedge for your portfolios.

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.

	Balance Of Power Check stock momentum by analyzing Balance Of Power indicator and other technical ratios
	Pattern Recognition Use different Pattern Recognition models to time the market across multiple global exchanges
	Portfolio Manager State of the art Portfolio Manager to monitor and improve performance of your invested capital
	Price Transformation Use Price Transformation models to analyze the depth of different equity instruments across global markets
	Global Markets Map Get a quick overview of global market snapshot using zoomable world map. Drill down to check world indexes
	Sync Your Broker Sync your existing holdings, watchlists, positions or portfolios from thousands of online brokerage services, banks, investment account aggregators and robo-advisors.
	AI Portfolio Architect Use AI to generate optimal portfolios and find profitable investment opportunities
	Economic Indicators Top statistical indicators that provide insights into how an economy is performing
	Portfolio File Import Quickly import all of your third-party portfolios from your local drive in csv format
	Earnings Calls Check upcoming earnings announcements updated hourly across public exchanges
	Stocks Directory Find actively traded stocks across global markets
	Fundamentals Comparison Compare fundamentals across multiple equities to find investing opportunities
	Share Portfolio Track or share privately all of your investments from the convenience of any device

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 Short Term Debt vs Total Current Assets Analysis

Short Term Debt vs Total Current Assets

Short Term Debt vs Total Current Assets Correlation Analysis

Correlation Coefficient

Short Term Debt

Total Current 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