Tilray Quick Ratio from 2010 to 2024

TLRY Stock  USD 1.34  0.03  2.29%   
Tilray Quick Ratio yearly trend continues to be fairly stable with very little volatility. Quick Ratio is likely to outpace its year average in 2024. Quick Ratio is a measure of a company's ability to meet its short-term obligations with its most liquid assets. It is calculated as (current assets - inventories) divided by current liabilities. View All Fundamentals
 
Quick Ratio  
First Reported
2010-12-31
Previous Quarter
1.42267941
Current Value
27.0529095
Quarterly Volatility
7.15411343
 
Credit Downgrade
 
Yuan Drop
 
Covid
Check Tilray financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Tilray's main balance sheet or income statement drivers, such as Interest Expense of 51.7 M, Selling General Administrative of 180.1 M or Other Operating Expenses of 1 B, as well as many indicators such as Price To Sales Ratio of 1.61, Dividend Yield of 2.77 or PTB Ratio of 299. Tilray financial statements analysis is a perfect complement when working with Tilray Valuation or Volatility modules.
  
Check out the analysis of Tilray Correlation against competitors.

Latest Tilray's Quick Ratio Growth Pattern

Below is the plot of the Quick Ratio of Tilray Inc over the last few years. It is a measure of a company's ability to meet its short-term obligations with its most liquid assets. It is calculated as (current assets - inventories) divided by current liabilities. Tilray's Quick Ratio historical data analysis aims to capture in quantitative terms the overall pattern of either growth or decline in Tilray's overall financial position and show how it may be relating to other accounts over time.
Quick Ratio10 Years Trend
Very volatile
   Quick Ratio   
       Timeline  

Tilray Quick Ratio Regression Statistics

Arithmetic Mean8.28
Geometric Mean5.65
Coefficient Of Variation86.45
Mean Deviation5.20
Median9.09
Standard Deviation7.15
Sample Variance51.18
Range25.7307
R-Value(0.10)
Mean Square Error54.54
R-Squared0.01
Significance0.72
Slope(0.16)
Total Sum of Squares716.54

Tilray Quick Ratio History

2024 27.05
2023 1.42
2022 1.32
2021 1.99
2020 1.56
2019 3.75
2018 4.98

About Tilray Financial Statements

Tilray investors use historical fundamental indicators, such as Tilray's Quick Ratio, to determine how well the company is positioned to perform in the future. Understanding over-time patterns can help investors decide on long-term investments in Tilray. Please read more on our technical analysis and fundamental analysis pages.
Last ReportedProjected for Next Year
Quick Ratio 1.42  27.05 

Also Currently Popular

Analyzing currently trending equities could be an opportunity to develop a better portfolio based on different market momentums that they can trigger. Utilizing the top trending stocks is also useful when creating a market-neutral strategy or pair trading technique involving a short or a long position in a currently trending equity.

Additional 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.