High Total Assets from 2010 to 2024

HITI Stock  USD 2.65  0.02  0.75%   
High Tide's Total Assets are increasing with slightly volatile movements from year to year. Total Assets are predicted to flatten to about 156.1 M. Total Assets is the total value of all owned resources that are expected to provide future economic benefits to the business, including cash, investments, accounts receivable, inventory, property, plant, equipment, and intangible assets. View All Fundamentals
 
Total Assets  
First Reported
2018-10-31
Previous Quarter
234.5 M
Current Value
238.5 M
Quarterly Volatility
102.1 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 Total Assets Growth Pattern

Below is the plot of the Total Assets of High Tide over the last few years. Total assets refers to the total amount of High Tide assets owned. Assets are items that have some economic value and are expended over time to create a benefit for the owner. These assets are usually recorded in High Tide books under different categories such as cash, marketable securities, accounts receivable,prepaid expenses, inventory, fixed assets, intangible assets, other assets, marketable securities, accounts receivable, prepaid expenses and others. It is the total value of all owned resources that are expected to provide future economic benefits to the business, including cash, investments, accounts receivable, inventory, property, plant, equipment, and intangible assets. High Tide's Total Assets 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.
ViewLast Reported 233.4 M10 Years Trend
Slightly volatile
   Total Assets   
       Timeline  

High Total Assets Regression Statistics

Arithmetic Mean92,876,549
Geometric Mean39,866,065
Coefficient Of Variation117.13
Mean Deviation95,266,395
Median25,922,494
Standard Deviation108,784,143
Sample Variance11834T
Range263.6M
R-Value0.82
Mean Square Error4199.3T
R-Squared0.67
Significance0.0002
Slope19,918,085
Total Sum of Squares165675.9T

High Total Assets History

2024156.1 M
2023268.4 M
2022233.4 M
2021274.7 M
2020246.2 M
201969.8 M
201840.7 M

Other Fundumenentals of High Tide

High Tide Total Assets component correlations

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Click cells to compare fundamentals

About High Tide Financial Statements

Investors use fundamental indicators, such as High Tide's Total Assets, 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
Total Assets268.4 M156.1 M
Intangibles To Total Assets 0.40  0.25 

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 Commodity Channel module to use Commodity Channel Index to analyze current equity momentum.
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.