Tilray Inc Stock Cash And Equivalents

TLRY Stock

USD 1.42 0.08 5.97%

Tilray Inc fundamentals help investors to digest information that contributes to Tilray's financial success or failures. It also enables traders to predict the movement of Tilray Stock. The fundamental analysis module provides a way to measure Tilray's intrinsic value by examining its available economic and financial indicators, including the cash flow records, the balance sheet account changes, the income statement patterns, and various microeconomic indicators and financial ratios related to Tilray stock.

Other Current Liab Total Assets

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Tilray Inc Company Cash And Equivalents Analysis

Tilray's Cash or Cash Equivalents are the most liquid of all assets found on the company's balance sheet. It is used in calculating many of the firm's liquidity ratios and is a good indicator of the overall financial health of a company. Companies with a lot of cash are usually attractive takeover targets. Cash Equivalents are balance sheet items that are typically reported using currency printed on notes.

Cash

Bank Deposits

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Liquidities

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Current Tilray Cash And Equivalents

490.64 M

Most of Tilray's fundamental indicators, such as Cash And Equivalents, are part of a valuation analysis module that helps investors searching for stocks that are currently trading at higher or lower prices than their real value. If the real value is higher than the market price, Tilray Inc is considered to be undervalued, and we provide a buy recommendation. Otherwise, we render a sell signal.

Tilray Cash And Equivalents Driver Correlations

Understanding the fundamental principles of building solid financial models for Tilray is extremely important. It helps to project a fair market value of Tilray Stock properly, considering its historical fundamentals such as Cash And Equivalents. Since Tilray's main accounts across its financial reports are all linked and dependent on each other, it is essential to analyze all possible correlations between related accounts. However, instead of reviewing all of Tilray's historical financial statements, investors can examine the correlated drivers to determine its overall health. This can be effectively done using a conventional correlation matrix of Tilray's interrelated accounts and indicators.

	Total Assets	Total Stockholder Equity	Net Debt	Retained Earnings	Net Receivables	Short Term Investments	Total Liab	Total Current Assets	Common Stock	Accounts Payable	Intangible Assets	Good Will	Current Deferred Revenue	Short Term Debt	Long Term Debt	Net Invested Capital	Long Term Investments	Short Long Term Debt	Capital Stock	Net Working Capital
Total Assets		1.0	0.82	-0.72	0.95	0.23	0.94	0.9	-0.11	0.76	0.96	0.98	0.76	0.66	0.71	0.96	-0.39	0.58	0.82	-0.3
Total Stockholder Equity	1.0		0.81	-0.73	0.95	0.23	0.93	0.89	-0.13	0.76	0.95	0.98	0.75	0.66	0.69	0.96	-0.42	0.59	0.83	-0.3
Net Debt	0.82	0.81		-0.57	0.68	0.44	0.87	0.72	-0.41	0.36	0.9	0.89	0.91	0.77	0.79	0.87	-0.17	0.75	0.7	-0.27
Retained Earnings	-0.72	-0.73	-0.57		-0.79	-0.52	-0.55	-0.56	0.32	-0.68	-0.58	-0.66	-0.3	-0.7	-0.13	-0.7	0.85	-0.63	-0.95	0.81
Net Receivables	0.95	0.95	0.68	-0.79		0.25	0.87	0.9	0.02	0.9	0.86	0.89	0.59	0.63	0.51	0.86	-0.53	0.54	0.85	-0.44
Short Term Investments	0.23	0.23	0.44	-0.52	0.25		0.22	0.26	-0.14	0.16	0.21	0.24	0.33	0.8	-0.08	0.21	-0.43	0.83	0.42	-0.66
Total Liab	0.94	0.93	0.87	-0.55	0.87	0.22		0.95	-0.03	0.68	0.98	0.96	0.85	0.62	0.79	0.89	-0.2	0.58	0.71	-0.16
Total Current Assets	0.9	0.89	0.72	-0.56	0.9	0.26	0.95		0.21	0.83	0.89	0.89	0.73	0.63	0.6	0.78	-0.3	0.58	0.68	-0.2
Common Stock	-0.11	-0.13	-0.41	0.32	0.02	-0.14	-0.03	0.21		0.36	-0.18	-0.21	-0.23	-0.25	-0.23	-0.37	0.21	-0.25	-0.35	0.17
Accounts Payable	0.76	0.76	0.36	-0.68	0.9	0.16	0.68	0.83	0.36		0.61	0.64	0.28	0.43	0.23	0.59	-0.53	0.34	0.68	-0.46
Intangible Assets	0.96	0.95	0.9	-0.58	0.86	0.21	0.98	0.89	-0.18	0.61		0.99	0.88	0.64	0.82	0.95	-0.24	0.6	0.75	-0.13
Good Will	0.98	0.98	0.89	-0.66	0.89	0.24	0.96	0.89	-0.21	0.64	0.99		0.84	0.68	0.75	0.96	-0.35	0.63	0.81	-0.2
Current Deferred Revenue	0.76	0.75	0.91	-0.3	0.59	0.33	0.85	0.73	-0.23	0.28	0.88	0.84		0.71	0.85	0.8	0.05	0.71	0.46	0.05
Short Term Debt	0.66	0.66	0.77	-0.7	0.63	0.8	0.62	0.63	-0.25	0.43	0.64	0.68	0.71		0.31	0.65	-0.5	0.99	0.69	-0.54
Long Term Debt	0.71	0.69	0.79	-0.13	0.51	-0.08	0.79	0.6	-0.23	0.23	0.82	0.75	0.85	0.31		0.77	0.32	0.27	0.31	0.22
Net Invested Capital	0.96	0.96	0.87	-0.7	0.86	0.21	0.89	0.78	-0.37	0.59	0.95	0.96	0.8	0.65	0.77		-0.35	0.58	0.81	-0.25
Long Term Investments	-0.39	-0.42	-0.17	0.85	-0.53	-0.43	-0.2	-0.3	0.21	-0.53	-0.24	-0.35	0.05	-0.5	0.32	-0.35		-0.45	-0.79	0.7
Short Long Term Debt	0.58	0.59	0.75	-0.63	0.54	0.83	0.58	0.58	-0.25	0.34	0.6	0.63	0.71	0.99	0.27	0.58	-0.45		0.62	-0.49
Capital Stock	0.82	0.83	0.7	-0.95	0.85	0.42	0.71	0.68	-0.35	0.68	0.75	0.81	0.46	0.69	0.31	0.81	-0.79	0.62		-0.64
Net Working Capital	-0.3	-0.3	-0.27	0.81	-0.44	-0.66	-0.16	-0.2	0.17	-0.46	-0.13	-0.2	0.05	-0.54	0.22	-0.25	0.7	-0.49	-0.64

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Cash equivalents represent current assets that are easily convertible to cash such as short term bonds, savings account, money market funds, or certificate of deposits (CDs). One of the important consideration companies make when classifying assets as cash equivalent is that investments they report on their balance sheets under current assets should have almost no risk of change in value over the next few months (usually three months).

Competition

Predict Tilray

In accordance with the recently published financial statements, Tilray Inc has 490.64 M in Cash And Equivalents. This is 40.23% lower than that of the Pharmaceuticals sector and significantly higher than that of the Health Care industry. The cash and equivalents for all United States stocks is 81.84% higher than that of the company.

Tilray Cash And Equivalents Peer Comparison

Stock peer comparison is one of the most widely used and accepted methods of equity analyses. It analyses Tilray's direct or indirect competition against its Cash And Equivalents to detect undervalued stocks with similar characteristics or determine the stocks which would be a good addition to a portfolio. Peer analysis of Tilray could also be used in its relative valuation, which is a method of valuing Tilray by comparing valuation metrics of similar companies.

Tilray is currently under evaluation in cash and equivalents category among its peers.

Tilray Current Valuation Drivers

We derive many important indicators used in calculating different scores of Tilray from analyzing Tilray's financial statements. These drivers represent accounts that assess Tilray's ability to generate profits relative to its revenue, operating costs, and shareholders' equity. Below are some of Tilray's important valuation drivers and their relationship over time.

	2019	2020	2021	2022	2023	2024 (projected)
Market Cap	1.4B	4.6B	2.2B	1.0B	1.3B	81.3M
Enterprise Value	1.3B	5.0B	2.4B	1.4B	1.5B	81.3M

Tilray Fundamentals

	Return On Equity	-0.0584
	Return On Asset	-0.014
	Profit Margin	(0.26) %
	Operating Margin	(0.15) %
	Current Valuation	1.32 B
	Shares Outstanding	903.29 M
	Shares Owned By Insiders	0.67 %
	Shares Owned By Institutions	12.08 %
	Number Of Shares Shorted	112.73 M
	Price To Earning	9.44 X
	Price To Book	0.35 X
	Price To Sales	1.49 X
	Revenue	788.94 M
	Gross Profit	116.82 M
	EBITDA	(72.84 M)
	Net Income	(222.4 M)
	Cash And Equivalents	490.64 M
	Cash Per Share	0.80 X
	Total Debt	387.32 M
	Debt To Equity	0.14 %
	Current Ratio	3.33 X
	Book Value Per Share	3.97 X
	Cash Flow From Operations	(30.91 M)
	Short Ratio	4.55 X
	Earnings Per Share	(0.27) X
	Price To Earnings To Growth	(1.56) X
	Target Price	2.2
	Number Of Employees	2.65 K
	Beta	2.19
	Market Capitalization	1.21 B
	Total Asset	4.34 B
	Retained Earnings	(2.66 B)
	Working Capital	378.54 M
	Net Asset	4.34 B

About Tilray Fundamental Analysis

The Macroaxis Fundamental Analysis modules help investors analyze Tilray Inc's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of Tilray using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of Tilray Inc based on its fundamental data. In general, a quantitative approach, as applied to this company, focuses on analyzing financial statements comparatively, whereas a qaualitative method uses data that is important to a company's growth but cannot be measured and presented in a numerical way.

Please read more on our fundamental analysis page.

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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.

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