Tilray Brands (TSX:TLRY) Quick Ratio: 1.66 (As of Feb. 2026) — Near Median


TSX:TLRY Tilray Brands Inc TSX:TLRY
59 GF Score
Price C$6.56
GF Value C$17.50
Valuation Possible Value Trap
! 5 Warning Signs
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What is Tilray Brands Quick Ratio?

Tilray Brands TSX:TLRY +3.47% 59 Quick Ratio is 1.66 as of Feb. 2026, which is 6% below its 10-year median of 1.76. GuruFocus rates TSX:TLRY with a GF Score™ of 59/100 and a GF Value™ of C$17.50 (Possible Value Trap). The stock has 5 warning signs investors should review. Among 997 Drug Manufacturers companies, Tilray Brands ranks better than 56.67% on this metric.

The quick ratio measures a company's ability to meet its short-term obligations with its most liquid assets. It is calculated as a company's Total Current Assets excludes Total Inventories divides by its Total Current Liabilities. Tilray Brands's quick ratio for the quarter that ended in Feb. 2026 was 1.66.

Tilray Brands has a quick ratio of 1.66. It generally indicates good short-term financial strength.

The historical rank and industry rank for Tilray Brands's Quick Ratio or its related term are showing as below:

TSX:TLRY' s Quick Ratio Range Over the Past 10 Years
Min: 0.99   Med: 1.76   Max: 26.51
Current: 1.66

During the past 13 years, Tilray Brands's highest Quick Ratio was 26.51. The lowest was 0.99. And the median was 1.76.

TSX:TLRY's Quick Ratio is ranked better than
56.67% of 997 companies
in the Drug Manufacturers industry
Industry Median: 1.45 vs TSX:TLRY: 1.66

Tilray Brands  (TSX:TLRY) Quick Ratio Explanation

The quick ratio is more conservative than the Current Ratio because it excludes inventories from current assets. The ratio derives its name presumably from the fact that assets such as cash and marketable securities are quick sources of cash. Inventories generally take time to be converted into cash, and if they have to be sold quickly, the company may have to accept a lower price than book value of these inventories. As a result, they are justifiably excluded from assets that are ready sources of immediate cash.

In general, low or decreasing quick ratios generally suggest that a company is over-leveraged, struggling to maintain or grow sales, paying bills too quickly or collecting receivables too slowly. On the other hand, a high or increasing quick ratio generally indicates that a company is experiencing solid top-line growth, quickly converting receivables into cash, and easily able to cover its financial obligations. Such companies often have faster inventory turnover and cash conversion cycles.

The higher the quick ratio, the better the company's liquidity position.


Tilray Brands Quick Ratio Related Terms


Tilray Brands Quick Ratio Historical Data

* Premium members only.

The historical data trend for Tilray Brands's Quick Ratio can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

Tilray Brands Quick Ratio Chart

Tilray Brands Annual Data
Trend May16 May17 May18 May19 May20 May21 May22 May23 May24 May25
Quick Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 1.56 1.99 1.32 1.42 1.49

Tilray Brands Quarterly Data
May21 Aug21 Nov21 Feb22 May22 Aug22 Nov22 Feb23 May23 Aug23 Nov23 Feb24 May24 Aug24 Nov24 Feb25 May25 Aug25 Nov25 Feb26
Quick Ratio Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 1.61 1.49 1.56 1.72 1.66

TSX:TLRY vs IRWD, BIOA, ESPR: Quick Ratio Comparison

For the Drug Manufacturers - Specialty & Generic subindustry, Tilray Brands's Quick Ratio, along with its competitors' market caps and Quick Ratio data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


Tilray Brands Quick Ratio vs Drug Manufacturers Industry

For the Drug Manufacturers industry and Healthcare sector, Tilray Brands's Quick Ratio distribution charts can be found below:

* The bar in red indicates where Tilray Brands's Quick Ratio falls into.


TSX:TLRY
59GF Score
Tilray Brands Inc TSX:TLRY
Quick Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
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Tilray Brands Quick Ratio Calculation

The quick ratio measures a company's ability to meet its short-term obligations with its most liquid assets. For this reason, the ratio excludes inventories from current assets.

Tilray Brands's Quick Ratio for the fiscal year that ended in May. 2025 is calculated as

Quick Ratio (A: May. 2025 )=(Total Current Assets-Total Inventories)/Total Current Liabilities
=(954.918-375.632)/388.696
=1.49

Tilray Brands's Quick Ratio for the quarter that ended in Feb. 2026 is calculated as

Quick Ratio (Q: Feb. 2026 )=(Total Current Assets-Total Inventories)/Total Current Liabilities
=(980.964-398.935)/351.493
=1.66

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

Frequently Asked Questions Learn more about Quick Ratio →
What does a Quick Ratio of 1.66 mean?
Tilray Brands (TSX:TLRY) has a Quick Ratio of 1.66 as of Feb. 2026. Quick ratio is the ratio of current assets less inventory to current liabilities. View historical data on Tilray Brands and its competitors. This is near median its historical median of 1.76. Over the past decade, Tilray Brands' Quick Ratio has ranged from 0.99 to 26.51. According to the industry distribution chart, Tilray Brands ranks #432 out of 997 companies in the Drug Manufacturers industry, placing it in the top 43.3%.
Is Tilray Brands' Quick Ratio too high?
Tilray Brands' current Quick Ratio of 1.66 is near median its 10-year median of 1.76. Over the past 10 years, this metric has ranged from a low of 0.99 to a high of 26.51. The Drug Manufacturers industry median Quick Ratio is 1.45. Tilray Brands' value of 1.66 is 14.5% above this industry median. Based on the distribution chart, Tilray Brands ranks #432 out of 997 companies in the Drug Manufacturers industry, which is above the industry midpoint. Overall, Tilray Brands has a GF Score™ of 59/100 and is considered Possible Value Trap, reflecting its overall financial health beyond just this single metric.
How does Tilray Brands' Quick Ratio compare to IRWD and BIOA?
According to the Drug Manufacturers industry distribution chart, Tilray Brands ranks #432 out of 997 companies for Quick Ratio. This puts Tilray Brands in the upper half of its industry. The industry median Quick Ratio is 1.45. Tilray Brands' value of 1.66 is 14.5% above this benchmark. Historically, Tilray Brands' own Quick Ratio has ranged from 0.99 to 26.51 over the past decade. While the company's 10-year median is 1.76 vs. the industry median of 1.45, Tilray Brands has consistently been above the industry average. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Quick Ratio for a Drug Manufacturers company?
The median Quick Ratio among Drug Manufacturers companies is 1.45, based on 997 companies in the industry. Companies in the top quartile (top 25%) have a Quick Ratio significantly above this median, while those in the bottom quartile fall well below. However, Quick Ratio should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Tilray Brands's current Quick Ratio of 1.66 is 14.5% above the industry median. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Quick Ratio mean?
A high Quick Ratio can signal that a stock is expensive relative to its fundamentals. Quick ratio is the ratio of current assets less inventory to current liabilities. View historical data on Tilray Brands and its competitors. For the Drug Manufacturers industry, the median Quick Ratio is 1.45 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Tilray Brands's current Quick Ratio is 1.66, which is near median its own 10-year median of 1.76. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Tilray Brands stock overvalued right now?
Based on GuruFocus' analysis, Tilray Brands (TSX:TLRY) is currently considered Possible Value Trap. The stock's GF Value™ is C$17.50, compared to a current price of C$6.56 — trading 62.5% below its estimated fair value. The current Quick Ratio is 1.66, which is near median its 10-year median of 1.76 and 14.5% above the Drug Manufacturers industry median of 1.45. Tilray Brands' overall GF Score™ is 59/100 with 5 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Quick Ratio calculated?
Quick Ratio is calculated from a company's financial statements. For Tilray Brands (TSX:TLRY), the current Quick Ratio is 1.66 as of Feb. 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Is Tilray Brands (TSX:TLRY) Overvalued in 2026?

Based on GuruFocus' analysis, Tilray Brands stock appears to be undervalued. The current stock price of C$6.56 is trading 62.5% below its estimated GF Value™ of C$17.50. GuruFocus considers Tilray Brands to be Possible Value Trap.

Key valuation signals for TSX:TLRY:

  • Quick Ratio: 1.66 (near median its 10-year median of 1.76)
  • GF Value™: C$17.50 vs. price of C$6.56 (62.5% below fair value)
  • GF Score™: 59/100 with 5 warning signs
  • Industry Position: 14.5% above the Drug Manufacturers median (#432 of 997)

No single metric tells the full story. See the TSX:TLRY stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Tilray Brands Business Description

Address 265 Talbot Street West, Leamington, ON, CAN, N8H 5L4
Tilray is a Canadian producer that cultivates and sells medical and recreational cannabis. In 2021, legacy Aphria acquired legacy Tilray in a reverse merger and renamed itself Tilray. The bulk of its sales are in Canada and in the international medical cannabis export market. US exposure comes mainly from alcohol.
59GF Score

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Quick Ratio is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

C$6.56
Price
C$17.50
GF Value