Tilray Brands Balance Sheet Health
Financial Health criteria checks 5/6
Tilray Brands has a total shareholder equity of $3.5B and total debt of $322.1M, which brings its debt-to-equity ratio to 9.2%. Its total assets and total liabilities are $4.3B and $778.5M respectively.
Key information
9.2%
Debt to equity ratio
US$322.12m
Debt
| Interest coverage ratio | n/a |
| Cash | US$280.06m |
| Equity | US$3.48b |
| Total liabilities | US$778.45m |
| Total assets | US$4.26b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 2HQ's short term assets ($725.9M) exceed its short term liabilities ($293.5M).
Long Term Liabilities: 2HQ's short term assets ($725.9M) exceed its long term liabilities ($484.9M).
Debt to Equity History and Analysis
Debt Level: 2HQ's net debt to equity ratio (1.2%) is considered satisfactory.
Reducing Debt: 2HQ's debt to equity ratio has reduced from 26.6% to 9.2% 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.