Tilray Accounts Payable vs Other Stockholder Equity Analysis

TLRY Stock

USD 1.35 0.03 2.17%

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 Accounts Payable and its Other Stockholder Equity 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.

Accounts Payable vs Other Stockholder Equity

Accounts Payable vs Other Stockholder Equity Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Tilray Inc Accounts Payable account and Other Stockholder Equity. At this time, the significance of the direction appears to have strong relationship.

The correlation between Tilray's Accounts Payable and Other Stockholder Equity is 0.68. Overlapping area represents the amount of variation of Accounts Payable that can explain the historical movement of Other Stockholder Equity 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 Accounts Payable and Other Stockholder Equity is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Accounts Payable of Tilray Inc are associated (or correlated) with its Other Stockholder Equity. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Other Stockholder Equity has no effect on the direction of Accounts Payable i.e., Tilray's Accounts Payable and Other Stockholder Equity go up and down completely randomly.

Correlation Coefficient

0.68

Relationship Direction	Positive
Relationship Strength	Significant

View All Relationships

Accounts Payable

An accounting item on the balance sheet that represents Tilray obligation to pay off a short-term debt to its creditors. The accounts payable entry is usually reported under current liabilities. If accounts payable of Tilray Inc are not paid within the agreed terms, the payables are considered to be in default, which may trigger a penalty or interest payment, or the revocation of additional credit from the supplier. Accounts payable may also be considered a source of cash, since they represent funds being borrowed from suppliers. Given these cash flow considerations, suppliers have a natural inclination to push for shorter payment terms, while creditors want to lengthen the payment terms. The amount a company owes to suppliers or vendors for products or services received but not yet paid for. It represents the company's short-term liabilities.

Other Stockholder Equity

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

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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

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Tilray Accounts Payable vs Other Stockholder Equity Analysis

Accounts Payable vs Other Stockholder Equity

Accounts Payable vs Other Stockholder Equity Correlation Analysis

Correlation Coefficient

Accounts Payable

Other Stockholder Equity

Tilray fundamental ratios Correlations

Tilray Account Relationship Matchups

High Positive Relationship

High Negative Relationship

Tilray fundamental ratios Accounts

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COMMON DESTINATIONS

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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