Tilray Brands (TLRY) Interest Expenses (2017 - 2020)
Tilray Brands' (TLRY) quarterly Interest Expenses came in at $39.7 million in Q1 2020, down 87.19% on a YoY basis from $309.8 million in Q2 2019, and down 10.42% quarter-over-quarter from $44.3 million in Q4 2019.
Analysis
Tilray Brands (TLRY) Interest Expenses (2017 - 2020) Analysis & Trends
Tilray Brands (TLRY) has reported Interest Expenses for 4 consecutive years, with $39.7 million the latest figure, recorded in Q1 2020.
- For the quarter ending Q1 2020, Interest Expenses fell 87.19% year-over-year to $39.7 million; the trailing twelve-month figure through Mar 2020 stood at $39.7 million (down 87.19% YoY), and the FY2026 full-year result was $29.9 million, down 27.63% from the prior year.
- Interest Expenses eased to $39.7 million in Q1 2020 per TLRY's latest filing, from $44.3 million in the prior quarter.
- Across five years, Interest Expenses topped out at $786.0 million in Q3 2018 and bottomed at $1.2 million in Q2 2018.
- Historically, Interest Expenses has averaged $200.9 million across 4 years, with a median of $63.1 million in 2019.
- The sharpest annual moves came in 2018 and 2019: Interest Expenses soared 28838.06% in 2018, then sank 89.58% in 2019.
- Over 4 years, Interest Expenses stood at $1.2 million in 2017, then jumped by 28838.06% to $342.9 million in 2018, then sank by 87.08% to $44.3 million in 2019, then slipped by 10.42% to $39.7 million in 2020.
- According to Business Quant data, Interest Expenses over the past three periods registered $39.7 million, $44.3 million, and $81.9 million for Q1 2020, Q4 2019, and Q3 2019 respectively.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Interest Expense (Qtr) |
|---|---|---|---|---|---|
| 1 | Curaleaf Holdings | 2.66 Bn | 2.56 Bn | 169.91 Mn | - |
| 2 | Trulieve Cannabis | 2.27 Bn | 1.94 Bn | 162.29 Mn | 12.76 Mn |
| 3 | Green Thumb Industries | 1.71 Bn | 1.42 Bn | 137.87 Mn | 6.44 Mn |
| 4 | Cronos | 1.18 Bn | 379.85 Mn | 28.45 Mn | - |
| 5 | Glass House Brands | 666.14 Mn | 647.59 Mn | 15.77 Mn | 628,000.00 |
| 6 | Vireo Growth | 545.10 Mn | 402.80 Mn | 95.30 Mn | 7.60 Mn |
| 7 | Tilray Brands | 470.81 Mn | 236.18 Mn | 90.52 Mn | - |
| 8 | Verano Holdings | 434.44 Mn | 349.24 Mn | 99.70 Mn | - |
| 9 | Canopy Growth | 406.26 Mn | 159.25 Mn | 16.08 Mn | 9.16 Mn |
| 10 | Sndl | 362.57 Mn | 230.02 Mn | 40.74 Mn | - |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Mar 31, 2020 | 39.68 Mn |
| Dec 31, 2019 | 44.30 Mn |
| Sep 30, 2019 | 81.89 Mn |
| Mar 31, 2019 | 309.76 Mn |
| Dec 31, 2018 | 342.92 Mn |
| Sep 30, 2018 | 785.97 Mn |
| Jun 30, 2018 | 1.17 Mn |
| Dec 31, 2017 | 1.19 Mn |