Tilray Inc

NASDAQ TLRY

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Tilray Inc Working Capital to Current Liabilities Ratio 5 year CAGR for the Trailing 12 Months (TTM) ending March 31, 2024: -20.46%

Tilray Inc Working Capital to Current Liabilities Ratio 5 year CAGR is -20.46% for the Trailing 12 Months (TTM) ending March 31, 2024, a 29.93% change year over year. The working capital to current liabilities ratio measures the proportion of working capital to current liabilities. It is calculated by dividing the difference between current assets and current liabilities by current liabilities. This ratio indicates the company's ability to cover its current liabilities with its working capital. A higher ratio suggests a healthier liquidity position and better ability to meet short-term obligations. CAGR, or the Compound Annual Growth Rate, quantifies the mean annual growth rate of an investment or financial metric over a specified time span, considering the influence of compounding. It is instrumental in determining the true annualized return on an investment.
  • Tilray Inc Working Capital to Current Liabilities Ratio for the Trailing 12 Months (TTM) ending March 31, 2023 was 1.43, a 26.71% change year over year.
  • Tilray Inc Working Capital to Current Liabilities Ratio for the Trailing 12 Months (TTM) ending March 31, 2022 was 1.13, a -63.57% change year over year.
  • Tilray Inc Working Capital to Current Liabilities Ratio for the Trailing 12 Months (TTM) ending March 31, 2021 was 3.10, a -32.03% change year over year.
  • Tilray Inc Working Capital to Current Liabilities Ratio for the Trailing 12 Months (TTM) ending March 31, 2020 was 4.56, a 58.23% change year over year.
NASDAQ: TLRY

Tilray Inc

CEO Mr. Irwin David Simon
IPO Date July 19, 2018
Location Canada
Headquarters 265 Talbot Street West, Leamington, ON, Canada, N8H 5L4
Employees 1,600
Sector Healthcare
Industry Drug manufacturers - specialty & generic
Description

Tilray Brands, Inc. engages in the research, cultivation, processing, and distribution of medical cannabis products in Canada, the United States, Europe, Australia, New Zealand, Latin America, and internationally. The company operates through four segments: Cannabis Business, Distribution Business, Beverage Alcohol Business, and Wellness Business. It also offers medical and adult-use cannabis products; purchases and resells pharmaceutical and wellness products; and produces, markets, sells, and distributes beverage alcohol products, and hemp-based food and other wellness products. In addition, the company offers its products under the Tilray, Aphria, Broken Coast, Symbios, B!NGO, The Batch, Dubon, Good Supply, Solei, Chowie Wowie, Canaca, RIFF, SweetWater, Breckenridge Distillery, Alpine Beer Company, and Green Flash brands. It sells its products to retailers, wholesalers, patients, physicians, hospitals, pharmacies, researchers, and governments, as well as direct to consumers. The company was formerly known as Tilray, Inc. and changed its name to Tilray Brands, Inc. in January 2022. Tilray Brands, Inc. is headquartered in Leamington, Canada.

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StockViz Staff

September 20, 2024

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