High Good Will from 2010 to 2025

HITI Stock  USD 2.64  0.04  1.49%   
High Tide's Good Will is increasing with slightly volatile movements from year to year. Good Will is predicted to flatten to about 59.2 M. Good Will is an intangible asset that arises when High Tide acquires another business for more than the fair market value of its net identifiable assets, representing the value of the brand, customer base, and other intangible factors. View All Fundamentals
 
Good Will  
First Reported
2019-01-31
Previous Quarter
76.3 M
Current Value
73.4 M
Quarterly Volatility
40.5 M
 
Covid
Check High Tide financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among High Tide's main balance sheet or income statement drivers, such as Depreciation And Amortization of 30.7 M, Interest Expense of 7.5 M or Selling General Administrative of 117.9 M, as well as many indicators such as Price To Sales Ratio of 0.66, Dividend Yield of 0.0262 or PTB Ratio of 2.08. High financial statements analysis is a perfect complement when working with High Tide Valuation or Volatility modules.
  
Check out the analysis of High Tide Correlation against competitors.
For more detail on how to invest in High Stock please use our How to Invest in High Tide guide.

Latest High Tide's Good Will Growth Pattern

Below is the plot of the Good Will of High Tide over the last few years. It is an intangible asset that arises when a company acquires another business for more than the fair market value of its net identifiable assets, representing the value of the brand, customer base, and other intangible factors. High Tide's Good Will historical data analysis aims to capture in quantitative terms the overall pattern of either growth or decline in High Tide's overall financial position and show how it may be relating to other accounts over time.
Good Will10 Years Trend
Slightly volatile
   Good Will   
       Timeline  

High Good Will Regression Statistics

Arithmetic Mean31,237,062
Geometric Mean12,583,084
Coefficient Of Variation116.16
Mean Deviation33,642,328
Median4,130,000
Standard Deviation36,284,148
Sample Variance1316.5T
Range80.2M
R-Value0.81
Mean Square Error475.2T
R-Squared0.66
Significance0.0001
Slope6,206,075
Total Sum of Squares19748.1T

High Good Will History

202559.2 M
202484.4 M
202373.4 M
202276.2 M
202183.4 M
202079.9 M
20196.1 M

About High Tide Financial Statements

Investors use fundamental indicators, such as High Tide's Good Will, to determine how well the company is positioned to perform in the future. Although High Tide's investors may analyze each financial statement separately, they are all interrelated. Understanding these patterns can help investors make the right trading decisions.
Last ReportedProjected for Next Year
Good Will84.4 M59.2 M

Currently Active Assets on Macroaxis

When determining whether High Tide offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of High Tide's financial statements, including income statements, balance sheets, and cash flow statements, to assess its financial health. Key financial ratios are used to gauge profitability, efficiency, and growth potential of High Tide Stock. Outlined below are crucial reports that will aid in making a well-informed decision on High Tide Stock:
Check out the analysis of High Tide Correlation against competitors.
For more detail on how to invest in High Stock please use our How to Invest in High Tide guide.
You can also try the Instant Ratings module to determine any equity ratings based on digital recommendations. Macroaxis instant equity ratings are based on combination of fundamental analysis and risk-adjusted market performance.
Is Consumer Staples Distribution & Retail space expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of High Tide. If investors know High will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about High Tide listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Earnings Share
(0.03)
Revenue Per Share
6.565
Quarterly Revenue Growth
0.088
Return On Assets
0.0399
Return On Equity
(0.03)
The market value of High Tide is measured differently than its book value, which is the value of High that is recorded on the company's balance sheet. Investors also form their own opinion of High Tide's value that differs from its market value or its book value, called intrinsic value, which is High Tide's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because High Tide's market value can be influenced by many factors that don't directly affect High Tide's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between High Tide's value and its price as these two are different measures arrived at by different means. Investors typically determine if High Tide is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, High Tide's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.