High Other Operating Expenses from 2010 to 2024

HITI Stock  USD 2.91  0.26  9.81%   
High Tide's Other Operating Expenses is increasing with slightly volatile movements from year to year. Other Operating Expenses is estimated to finish at about 555.5 M this year. Other Operating Expenses is expenses incurred from non-core business activities, including administrative and general expenses, but excluding costs directly related to production. View All Fundamentals
 
Other Operating Expenses  
First Reported
2018-01-31
Previous Quarter
121.2 M
Current Value
128.6 M
Quarterly Volatility
49 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 34.4 M, Interest Expense of 7.4 M or Selling General Administrative of 117.2 M, as well as many indicators such as Price To Sales Ratio of 0.33, Dividend Yield of 0.0262 or PTB Ratio of 0.78. 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 Other Operating Expenses Growth Pattern

Below is the plot of the Other Operating Expenses of High Tide over the last few years. Other Operating Expenses is the expense which generally does not depend on sales or production quantities of High Tide. It is also known as High Tide overhead expenses. Typically these expenses include marketing, rent and utilities, office, leases, and other overhead cost. It is expenses incurred from non-core business activities, including administrative and general expenses, but excluding costs directly related to production. High Tide's Other Operating Expenses 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.
Other Operating Expenses10 Years Trend
Slightly volatile
   Other Operating Expenses   
       Timeline  

High Other Operating Expenses Regression Statistics

Arithmetic Mean156,950,601
Geometric Mean42,203,049
Coefficient Of Variation137.25
Mean Deviation181,621,026
Median12,342,697
Standard Deviation215,408,371
Sample Variance46400.8T
Range546.7M
R-Value0.86
Mean Square Error13172.5T
R-Squared0.74
Significance0.000043
Slope41,333,512
Total Sum of Squares649610.7T

High Other Operating Expenses History

2024555.5 M
2023529.1 M
2022490.3 M
2021377 M
2020195 M
201981.9 M
201850.8 M

About High Tide Financial Statements

Investors use fundamental indicators, such as High Tide's Other Operating Expenses, 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
Other Operating Expenses529.1 M555.5 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 Premium Stories module to follow Macroaxis premium stories from verified contributors across different equity types, categories and coverage scope.
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
(0.29)
Revenue Per Share
6.536
Quarterly Revenue Growth
0.059
Return On Assets
0.0315
Return On Equity
(0.20)
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.