Tilray Brands Inc TLRY

Balance Sheet Basics - Pop Quiz

[Maersk]

Which company is the most overvalued?

 

Cronos Group 

Total Assets = $ 1.15 billion 

cash & equiv. = $840 million

goodwill & intangibles = $25 million

Total liabilities = $33 million

Tangible book value = $1.1 billion

 Market cap = # of shares (613,290,000) x current share price ($2.02)

= $1.24 billion

 

-- -- --------

 

Tilray Brands 

Total Assets = $4.3 billion, 

cash & equiv. = $465 million

goodwill and intangibles = $ 2.977 billion

Total liabilities = $1 billion

Tangible book value = $323 million

Market cap  = # of shares (691,189,000) x current share price ($1.81) 

= $1.25 billion

 

All figures in $USD as reported in the most recent quarterly statements.

[Ventura2020]

The one you failed to mention- Curaleaf (CURA). 

[CaneIsAbel]

Is information is incorrect old news. Tilray Brands has written off a good portion of its good will. He was right in the assets and liquid cash. Tilray a beast 

[CaneIsAbel]

I won't bother posting Curaleaf numbers where maserk posts nothing but positive comments on Cura bullboard. Why they feel they need to leave post irrelevant and twisted facts on the Tilray forum is beyond me. I never feel the need to head over to Curaleaf board and post  

[quinlash]

That depends on how you evaluate the to companies.  You can certainly use Price to Book values to see where each stand against their assets, you can also compare the two companies based on their Price to Sales Ratios (to compare sales vs shares) and you can also compare the EPS numbers between the two. For longer term comparisons I would suggest you look over the product offerings of each

[quinlash]

Dear God... I wish this site had a spell checker...  

[Maersk]

Thank you for the reasoned reply, and I agree this site would be improved with a spell-checker, better yet with a fact-checker.   Price to Sales is a useful metric for a company in the start-up phase, but Tilray was founded in 2013, followed by Aphria in 2014. I would have compared Earnings per Share if either company had any.  As the late, great Charlie Munger once said

[CaneIsAbel]

6 cents a gram because it's absent of any regulatory standards. That will never be on western shelves..time to move on from here