Tilray Historical Cash Flow
| TLRY Stock | CAD 1.71 0.02 1.16% |
Analysis of Tilray cash flow over time is an excellent tool to project Tilray Inc future capital expenditures as well as to predict the amount of cash needed to cover cost of sales, R&D expenses or production expansions. Investors should almost always look for trends in cash flow indicators such as End Period Cash Flow of 188.6 M or Depreciation of 133.3 M as it is a great indicator of Tilray ability to facilitate future growth, repay debt on time or pay out dividends.
Financial Statement Analysis is much more than just reviewing and examining Tilray Inc latest accounting reports to predict its past. Macroaxis encourages investors to analyze financial statements over time for various trends across multiple indicators and accounts to determine whether Tilray Inc is a good buy for the upcoming year.
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About Tilray Cash Flow Analysis
The Cash Flow Statement is a financial statement that shows how changes in Tilray balance sheet and income statement accounts affect cash and cash equivalents. It breaks the analysis down to operating, investing, and financing activities. One of the most critical aspects of the cash flow statement is liquidity, which is the degree to which Tilray's non-liquid assets can be easily converted into cash.
Tilray Cash Flow Chart
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Stock Based Compensation
Compensation provided to employees in the form of equity or options to purchase company stock. This type of compensation is used to align the interests of employees and shareholders.Begin Period Cash Flow
The amount of cash a company has at the beginning of a financial reporting period. It serves as the starting point for calculating the period's cash flow from operations, investing, and financing activities.Most accounts from Tilray's cash flow statement are interrelated and interconnected. However, analyzing cash flow statement accounts 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 cash flow statement accounts, 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 board of governors. At this time, Tilray's Change To Netincome is very stable compared to the past year. Sale Purchase Of Stock is expected to grow at the current pace this year, while Change In Cash is likely to drop about 14.5 M.
| 2023 | 2024 (projected) | Dividends Paid | 6.7B | 6.0B | Issuance Of Capital Stock | 8.6M | 8.2M |
Tilray cash flow statement Correlations
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Tilray Account Relationship Matchups
High Positive Relationship
High Negative Relationship
Tilray cash flow statement Accounts
| 2019 | 2020 | 2021 | 2022 | 2023 | 2024 (projected) | ||
| Change In Cash | (38.6M) | 127.8M | (72.6M) | (209.3M) | 21.7M | 14.5M | |
| Stock Based Compensation | 18.1M | 17.4M | 36.0M | 39.6M | 31.8M | 17.9M | |
| Free Cash Flow | (191.9M) | (83.6M) | (211.3M) | (12.9M) | (60.2M) | (63.2M) | |
| Change In Working Capital | (83.0M) | (50.9M) | (91.8M) | 14.4M | (8.9M) | (9.3M) | |
| Begin Period Cash Flow | 397.1M | 360.6M | 488.5M | 415.9M | 206.6M | 168.6M | |
| Other Cashflows From Financing Activities | 53.2M | (23.8M) | (2.1M) | (285.1M) | (2.9M) | (3.0M) | |
| Capital Expenditures | 95.5M | 38.9M | 34.1M | 20.8M | 29.2M | 50.4M | |
| Total Cash From Operating Activities | (96.4M) | (44.7M) | (177.3M) | 7.9M | (30.9M) | (32.5M) | |
| Change To Account Receivables | (24.7M) | (23.5M) | (5.8M) | 4.2M | (6.6M) | (6.9M) | |
| Net Income | (61.0M) | (336.0M) | (434.1M) | (1.4B) | (222.4M) | (233.5M) | |
| Total Cash From Financing Activities | 125.4M | 124.3M | 128.2M | 70.2M | (75.2M) | (71.4M) | |
| End Period Cash Flow | 358.5M | 488.5M | 415.9M | 206.6M | 228.3M | 188.6M | |
| Depreciation | 35.5M | 67.8M | 154.6M | 130.1M | 126.9M | 133.3M | |
| Other Non Cash Items | (2.2M) | 281.9M | 185.6M | 1.3B | 112.3M | 163.8M | |
| Change To Inventory | (90.3M) | (35.3M) | (45.7M) | (12.9M) | (15.6M) | (16.4M) | |
| Investments | 33.9M | 8.4M | (21.5M) | (285.1M) | 128.3M | 134.8M | |
| Net Borrowings | 356.1M | 52.3M | 45.5M | (123.5M) | (111.2M) | (105.6M) | |
| Total Cashflows From Investing Activities | (134.5M) | (69.9M) | 46.1M | (21.5M) | (24.8M) | (26.0M) | |
| Change To Operating Activities | 4.3M | (10.9M) | (6.8M) | 4.5M | 5.1M | 5.4M | |
| Other Cashflows From Investing Activities | (13.4M) | (8.3M) | 19.4M | 3.3M | 3.8M | 4.0M | |
| Change To Netincome | (21.8M) | 45.1M | 325.7M | 236.7M | 272.2M | 285.8M | |
| Change To Liabilities | (145K) | 47.3M | 14.6M | (44.7M) | (40.2M) | (38.2M) | |
| Issuance Of Capital Stock | 71.9M | 102.6M | 262.5M | 129.6M | 8.6M | 8.2M |
Pair Trading with Tilray
One of the main advantages of trading using pair correlations is that every trade hedges away some risk. Because there are two separate transactions required, even if Tilray position performs unexpectedly, the other equity can make up some of the losses. Pair trading also minimizes risk from directional movements in the market. For example, if an entire industry or sector drops because of unexpected headlines, the short position in Tilray will appreciate offsetting losses from the drop in the long position's value.Moving together with Tilray Stock
Moving against Tilray Stock
The ability to find closely correlated positions to Tilray could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Tilray when you sell it. If you don't do this, your portfolio allocation will be skewed against your target asset allocation. So, investors can't just sell and buy back Tilray - that would be a violation of the tax code under the "wash sale" rule, and this is why you need to find a similar enough asset and use the proceeds from selling Tilray Inc to buy it.
The correlation of Tilray is a statistical measure of how it moves in relation to other instruments. This measure is expressed in what is known as the correlation coefficient, which ranges between -1 and +1. A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as Tilray moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Tilray Inc moves in either direction, the perfectly negatively correlated security will move in the opposite direction. If the correlation is 0, the equities are not correlated; they are entirely random. A correlation greater than 0.8 is generally described as strong, whereas a correlation less than 0.5 is generally considered weak.
Correlation analysis and pair trading evaluation for Tilray can also be used as hedging techniques within a particular sector or industry or even over random equities to generate a better risk-adjusted return on your portfolios.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 board of governors. You can also try the Funds Screener module to find actively-traded funds from around the world traded on over 30 global exchanges.