TLRY Stock | | | USD 1.42 0.08 5.97% |
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 Net Profit Margin and its Pretax Profit Margin 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.
Net Profit Margin vs Pretax Profit Margin
Net Profit Margin vs Pretax Profit Margin Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of
Tilray Inc Net Profit Margin account and
Pretax Profit Margin. At this time, the significance of the direction appears to have totally related.
The correlation between Tilray's Net Profit Margin and Pretax Profit Margin is 1.0. Overlapping area represents the amount of variation of Net Profit Margin that can explain the historical movement of Pretax Profit Margin 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 Net Profit Margin and Pretax Profit Margin is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Net Profit Margin of Tilray Inc are associated (or correlated) with its Pretax Profit Margin. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Pretax Profit Margin has no effect on the direction of Net Profit Margin i.e., Tilray's Net Profit Margin and Pretax Profit Margin go up and down completely randomly.
Correlation Coefficient | 1.0 |
Relationship Direction | Positive |
Relationship Strength | Very Strong |
Net Profit Margin
The percentage of revenue left after all expenses have been deducted from sales. The measure is calculated by dividing net profit by revenue.
Pretax Profit Margin
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).
Tilray fundamental ratios Correlations
Click cells to compare fundamentals
Tilray Account Relationship Matchups
High Positive Relationship
High Negative Relationship
Tilray fundamental ratios Accounts
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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.