Tilray Intangible Assets vs Net Invested Capital Analysis

TLRY Stock

USD 1.34 0.03 2.29%

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 Intangible Assets and its Net Invested Capital 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 closely tied with the direction of predictive economic indicators such as signals in metropolitan statistical area.

Intangible Assets vs Net Invested Capital

Intangible Assets vs Net Invested Capital Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Tilray Inc Intangible Assets account and Net Invested Capital. At this time, the significance of the direction appears to have almost identical trend.

The correlation between Tilray's Intangible Assets and Net Invested Capital is 0.95. Overlapping area represents the amount of variation of Intangible Assets that can explain the historical movement of Net Invested Capital 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 Intangible Assets and Net Invested Capital is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Intangible Assets of Tilray Inc are associated (or correlated) with its Net Invested Capital. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Net Invested Capital has no effect on the direction of Intangible Assets i.e., Tilray's Intangible Assets and Net Invested Capital go up and down completely randomly.

Correlation Coefficient

0.95

Relationship Direction	Positive
Relationship Strength	Very Strong

View All Relationships

Intangible Assets

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

Net Invested Capital

The total amount of capital invested in a company, including both equity and debt, minus any cash or cash equivalents.

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 closely tied with the direction of predictive economic indicators such as signals in metropolitan statistical area.

Selling General Administrative is likely to rise to about 180.1 M in 2024, despite the fact that Tax Provision is likely to grow to (25.3 M).

	2021	2022	2023	2024 (projected)
Cost Of Revenue	511.6M	480.2M	565.6M	593.9M
Research Development	1.5M	682K	635K	826.6K

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	Property Plant And Equipment Net	Accounts Payable	Non Current Assets Total	Non Currrent Assets Other	Inventory	Intangible Assets	Good Will	Short Long Term Debt Total	Current Deferred Revenue	Non Current Liabilities Total
Total Assets		0.89	0.96	1.0	0.82	-0.72	0.8	0.84	0.95	0.82	0.23	0.89	0.92	0.94	0.9	-0.11	0.93	0.76	0.97	0.65	0.95	0.96	0.98	0.95	0.76	0.96
Other Current Liab	0.89		0.87	0.87	0.93	-0.57	0.66	0.68	0.76	0.62	0.18	0.7	0.81	0.92	0.76	-0.32	0.8	0.49	0.92	0.41	0.79	0.94	0.92	0.89	0.8	0.92
Total Current Liabilities	0.96	0.87		0.95	0.88	-0.8	0.72	0.83	0.93	0.85	0.45	0.86	0.93	0.92	0.88	-0.16	0.87	0.75	0.93	0.53	0.93	0.92	0.94	0.93	0.76	0.91
Total Stockholder Equity	1.0	0.87	0.95		0.81	-0.73	0.78	0.82	0.95	0.84	0.23	0.89	0.93	0.93	0.89	-0.13	0.93	0.76	0.97	0.68	0.95	0.95	0.98	0.93	0.75	0.94
Net Debt	0.82	0.93	0.88	0.81		-0.57	0.55	0.66	0.68	0.58	0.44	0.57	0.79	0.87	0.72	-0.41	0.7	0.36	0.87	0.25	0.7	0.9	0.89	0.86	0.91	0.83
Retained Earnings	-0.72	-0.57	-0.8	-0.73	-0.57		-0.29	-0.45	-0.79	-0.96	-0.52	-0.77	-0.91	-0.55	-0.56	0.32	-0.57	-0.68	-0.63	-0.73	-0.76	-0.58	-0.66	-0.55	-0.3	-0.54
Cash	0.8	0.66	0.72	0.78	0.55	-0.29		0.95	0.81	0.47	-0.02	0.73	0.54	0.87	0.93	0.36	0.91	0.76	0.8	0.37	0.79	0.79	0.76	0.88	0.66	0.89
Cash And Short Term Investments	0.84	0.68	0.83	0.82	0.66	-0.45	0.95		0.85	0.59	0.3	0.75	0.63	0.9	0.97	0.31	0.92	0.78	0.84	0.32	0.81	0.83	0.81	0.91	0.73	0.88
Net Receivables	0.95	0.76	0.93	0.95	0.68	-0.79	0.81	0.85		0.9	0.25	0.94	0.9	0.87	0.9	0.02	0.92	0.9	0.89	0.73	0.96	0.86	0.89	0.89	0.59	0.89
Common Stock Shares Outstanding	0.82	0.62	0.85	0.84	0.58	-0.96	0.47	0.59	0.9		0.42	0.84	0.94	0.65	0.68	-0.19	0.71	0.78	0.73	0.82	0.84	0.68	0.76	0.66	0.38	0.66
Short Term Investments	0.23	0.18	0.45	0.23	0.44	-0.52	-0.02	0.3	0.25	0.42		0.14	0.37	0.22	0.26	-0.14	0.15	0.16	0.23	-0.08	0.19	0.21	0.24	0.22	0.33	0.11
Other Current Assets	0.89	0.7	0.86	0.89	0.57	-0.77	0.73	0.75	0.94	0.84	0.14		0.85	0.79	0.84	0.05	0.87	0.93	0.8	0.73	0.98	0.77	0.8	0.79	0.44	0.82
Other Stockholder Equity	0.92	0.81	0.93	0.93	0.79	-0.91	0.54	0.63	0.9	0.94	0.37	0.85		0.79	0.73	-0.37	0.76	0.68	0.86	0.76	0.9	0.85	0.9	0.8	0.61	0.8
Total Liab	0.94	0.92	0.92	0.93	0.87	-0.55	0.87	0.9	0.87	0.65	0.22	0.79	0.79		0.95	-0.03	0.94	0.68	0.97	0.42	0.88	0.98	0.96	0.98	0.85	0.98
Total Current Assets	0.9	0.76	0.88	0.89	0.72	-0.56	0.93	0.97	0.9	0.68	0.26	0.84	0.73	0.95		0.21	0.97	0.83	0.91	0.44	0.89	0.89	0.89	0.93	0.73	0.92
Common Stock	-0.11	-0.32	-0.16	-0.13	-0.41	0.32	0.36	0.31	0.02	-0.19	-0.14	0.05	-0.37	-0.03	0.21		0.19	0.36	-0.14	-0.21	-0.02	-0.18	-0.21	-0.04	-0.23	-0.03
Property Plant And Equipment Net	0.93	0.8	0.87	0.93	0.7	-0.57	0.91	0.92	0.92	0.71	0.15	0.87	0.76	0.94	0.97	0.19		0.83	0.94	0.55	0.91	0.91	0.91	0.91	0.69	0.94
Accounts Payable	0.76	0.49	0.75	0.76	0.36	-0.68	0.76	0.78	0.9	0.78	0.16	0.93	0.68	0.68	0.83	0.36	0.83		0.66	0.64	0.88	0.61	0.64	0.69	0.28	0.71
Non Current Assets Total	0.97	0.92	0.93	0.97	0.87	-0.63	0.8	0.84	0.89	0.73	0.23	0.8	0.86	0.97	0.91	-0.14	0.94	0.66		0.55	0.89	0.99	1.0	0.94	0.84	0.95
Non Currrent Assets Other	0.65	0.41	0.53	0.68	0.25	-0.73	0.37	0.32	0.73	0.82	-0.08	0.73	0.76	0.42	0.44	-0.21	0.55	0.64	0.55		0.69	0.5	0.59	0.43	0.12	0.49
Inventory	0.95	0.79	0.93	0.95	0.7	-0.76	0.79	0.81	0.96	0.84	0.19	0.98	0.9	0.88	0.89	-0.02	0.91	0.88	0.89	0.69		0.87	0.89	0.89	0.6	0.9
Intangible Assets	0.96	0.94	0.92	0.95	0.9	-0.58	0.79	0.83	0.86	0.68	0.21	0.77	0.85	0.98	0.89	-0.18	0.91	0.61	0.99	0.5	0.87		0.99	0.96	0.88	0.96
Good Will	0.98	0.92	0.94	0.98	0.89	-0.66	0.76	0.81	0.89	0.76	0.24	0.8	0.9	0.96	0.89	-0.21	0.91	0.64	1.0	0.59	0.89	0.99		0.94	0.84	0.94
Short Long Term Debt Total	0.95	0.89	0.93	0.93	0.86	-0.55	0.88	0.91	0.89	0.66	0.22	0.79	0.8	0.98	0.93	-0.04	0.91	0.69	0.94	0.43	0.89	0.96	0.94		0.86	0.99
Current Deferred Revenue	0.76	0.8	0.76	0.75	0.91	-0.3	0.66	0.73	0.59	0.38	0.33	0.44	0.61	0.85	0.73	-0.23	0.69	0.28	0.84	0.12	0.6	0.88	0.84	0.86		0.8
Non Current Liabilities Total	0.96	0.92	0.91	0.94	0.83	-0.54	0.89	0.88	0.89	0.66	0.11	0.82	0.8	0.98	0.92	-0.03	0.94	0.71	0.95	0.49	0.9	0.96	0.94	0.99	0.8

Click cells to compare fundamentals

Tilray Account Relationship Matchups

Tilray fundamental ratios Accounts

	2019	2020	2021	2022	2023	2024 (projected)
Total Assets	1.8B	6.0B	5.4B	4.3B	4.3B	4.6B
Other Current Liab	4.6M	279.2M	112.9M	123.0M	150.7M	82.9M
Total Current Liabilities	122.8M	401.2M	280.3M	433.0M	299.2M	314.1M
Total Stockholder Equity	1.3B	4.5B	4.4B	3.3B	3.4B	3.6B
Net Debt	(58.1M)	450.2M	207.9M	383.5M	159.0M	85.9M
Retained Earnings	(44.1M)	(486.1M)	(962.9M)	(2.4B)	(2.7B)	(2.5B)
Cash	358.5M	488.5M	415.9M	206.6M	228.3M	189.1M
Cash And Short Term Investments	358.5M	488.5M	415.9M	448.5M	260.5M	222.0M
Net Receivables	50.8M	89.8M	95.3M	86.2M	101.7M	106.8M
Common Stock Shares Outstanding	100.5M	269.5M	481.2M	618.0M	742.6M	779.8M
Short Term Investments	34.9M	14.9M	0.0	241.9M	32.2M	39.0M
Liabilities And Stockholders Equity	1.8B	6.0B	5.4B	4.3B	4.3B	4.6B
Other Current Assets	51.4M	48.9M	46.8M	37.7M	63.4M	66.6M
Other Stockholder Equity	20.2M	4.8B	5.4B	5.8B	6.1B	6.5B
Total Liab	475.9M	1.6B	1.0B	977.3M	892.1M	472.2M
Total Current Assets	651.2M	883.6M	803.5M	773.0M	677.7M	396.4M
Common Stock	1.3B	46K	53K	66K	83K	78.9K
Property Plant And Equipment Net	423.3M	669.0M	600.5M	435.6M	574.3M	337.6M
Accounts Payable	110.1M	57.7M	68.6M	70.8M	105.4M	110.7M
Non Current Assets Total	1.2B	5.1B	4.6B	3.5B	3.7B	2.0B
Non Currrent Assets Other	0.0	8.3M	111.5M	222K	119.0M	125.0M
Inventory	190.6M	256.4M	245.5M	200.6M	252.1M	264.7M
Intangible Assets	261.7M	1.6B	1.3B	973.8M	915.5M	550.5M
Good Will	445.5M	2.8B	2.6B	2.0B	2.0B	1.3B
Accumulated Other Comprehensive Income	(914.9K)	152.7M	(20.8M)	(46.6M)	(43.5M)	(41.3M)
Short Long Term Debt Total	300.3M	938.7M	623.8M	590.1M	387.3M	446.9M
Current Deferred Revenue	17.5M	650.3K	155.1M	119.9M	4.1M	3.9M
Non Current Liabilities Total	353.1M	1.2B	728.0M	544.3M	592.9M	535.8M
Short Term Debt	7.4M	49.6M	92.6M	224.3M	39.0M	57.9M

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.

RSI	Rush Street Interactive
OKTA	Okta Inc
BAC	Bank of America

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.

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 Intangible Assets vs Net Invested Capital Analysis

Intangible Assets vs Net Invested Capital

Intangible Assets vs Net Invested Capital Correlation Analysis

Correlation Coefficient

Intangible Assets

Net Invested Capital

Tilray fundamental ratios Correlations

Tilray Account Relationship Matchups

High Positive Relationship

High Negative Relationship

Tilray fundamental ratios Accounts

Also Currently Popular

Additional Tools for Tilray Stock Analysis

COMMON DESTINATIONS

MAIN CATEGORIES

COMPANY

Total Stockholder Equity	+ 1.0	Total Assets
Good Will	+ 1.0	Non Current Assets Total
Intangible Assets	+ 0.99	Non Current Assets Total
Good Will	+ 0.99	Intangible Assets
Non Current Liabilities Total	+ 0.99	Short Long Term Debt Total
Good Will	+ 0.98	Total Assets

Common Stock Shares Outstanding	- 0.96	Retained Earnings
Other Stockholder Equity	- 0.91	Retained Earnings
Retained Earnings	- 0.8	Total Current Liabilities
Net Receivables	- 0.79	Retained Earnings
Other Current Assets	- 0.77	Retained Earnings
Inventory	- 0.76	Retained Earnings