Tilray Brands Balance Sheet Health
Financial Health criteria checks 4/6
Tilray Brands has a total shareholder equity of $3.3B and total debt of $403.0M, which brings its debt-to-equity ratio to 12.1%. Its total assets and total liabilities are $4.2B and $869.8M respectively.
Key information
12.1%
Debt to equity ratio
US$402.97m
Debt
Interest coverage ratio | n/a |
Cash | US$225.86m |
Equity | US$3.34b |
Total liabilities | US$869.82m |
Total assets | US$4.21b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 2HQ's short term assets ($631.2M) exceed its short term liabilities ($329.1M).
Long Term Liabilities: 2HQ's short term assets ($631.2M) exceed its long term liabilities ($540.7M).
Debt to Equity History and Analysis
Debt Level: 2HQ's net debt to equity ratio (5.3%) is considered satisfactory.
Reducing Debt: 2HQ's debt to equity ratio has increased from 4.5% to 12.1% over the past 5 years.
Balance Sheet
Cash Runway Analysis
For companies that have on average been loss-making in the past, we assess whether they have at least 1 year of cash runway.
Stable Cash Runway: 2HQ has sufficient cash runway for more than 3 years based on its current free cash flow.
Forecast Cash Runway: Insufficient data to determine if 2HQ has enough cash runway if its free cash flow continues to grow or shrink based on historical rates.