High Tide Financials
HITI Stock | USD 3.09 0.03 0.98% |
Current Value | Last Year | Change From Last Year | 10 Year Trend | ||||||
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Current Ratio | 1.79 | 1.36 |
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The financial analysis of High Tide is a critical element in measuring its lifeblood. Investors should not minimize High Tide's ability to pay suppliers or employees on time, ensuring interest payments are not accumulating.
Net Income |
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High | Select Account or Indicator |
Understanding current and past High Tide Financials, including the trends in assets, liabilities, equity and income are directly related to making proper and timely investing decisions. All of High Tide's financial statements are interrelated, with each one affecting the others. For example, an increase in High Tide's assets may result in an increase in income on the income statement.
High Tide Stock Summary
High Tide competes with SunLink Health, Leafly Holdings, China Jo, and PetMed Express. High Tide Inc. engages in the cannabis retail business in Canada, Europe, the United States, and internationally. High Tide Inc. was founded in 2009 and is headquartered in Calgary, Canada. High Tide operates under Pharmaceutical Retailers classification in the United States and is traded on NASDAQ Exchange. It employs 996 people.Foreign Associate | Canada |
Specialization | Consumer Staples, Consumer Staples Distribution & Retail |
Instrument | USA Stock View All |
Exchange | NASDAQ Exchange |
ISIN | CA42981E4013 |
CUSIP | 42981E401 42981E104 |
Location | Canada (Federal Level) |
Business Address | 11127 - 15 |
Sector | Consumer Staples Distribution & Retail |
Industry | Consumer Staples |
Benchmark | Dow Jones Industrial |
Website | www.hightideinc.com |
Phone | 403 770 9435 |
Currency | USD - US Dollar |
High Tide Key Financial Ratios
Return On Equity | -0.2 | ||||
Profit Margin | (0.06) % | ||||
Operating Margin | 0.03 % | ||||
Price To Sales | 0.49 X | ||||
Revenue | 487.67 M |
High Tide Key Balance Sheet Accounts
2020 | 2021 | 2022 | 2023 | 2024 | 2025 (projected) | ||
Total Assets | 69.8M | 246.2M | 274.7M | 233.4M | 268.4M | 156.1M | |
Other Current Liab | 17.4M | 14.0M | 16.2M | 13.5M | 15.6M | 11.3M | |
Net Tangible Assets | (2.6M) | (7.9M) | 4.9M | 10.9M | 12.5M | 13.1M | |
Net Debt | 39.4M | 41.4M | 44.8M | 42.4M | 48.8M | 31.0M | |
Retained Earnings | (34.4M) | (87.8M) | (168.1M) | (205.9M) | (185.3M) | (176.1M) | |
Accounts Payable | 6.4M | 8.7M | 7.7M | 8.4M | 9.6M | 6.3M | |
Cash | 7.5M | 14.0M | 25.1M | 30.1M | 34.6M | 36.4M | |
Other Assets | 3.4M | 3.0M | 4.9M | 3.2M | 3.7M | 3.5M | |
Net Receivables | 2.7M | 6.5M | 7.9M | 7.6M | 8.7M | 5.6M | |
Inventory | 5.7M | 17.0M | 23.4M | 26.0M | 29.9M | 15.4M | |
Other Current Assets | 573K | 7.9M | 7.5M | 4.8M | 5.6M | 4.6M | |
Total Liab | 58.1M | 94.2M | 112.7M | 99.7M | 114.7M | 71.4M | |
Net Invested Capital | 40.5M | 172.9M | 192.5M | 169.0M | 194.4M | 97.9M | |
Short Long Term Debt | 16.4M | 6.5M | 19.1M | 25.0M | 28.7M | 30.2M | |
Total Current Assets | 19.3M | 46.3M | 64.1M | 68.6M | 78.9M | 42.3M | |
Net Working Capital | (8.2M) | 5.5M | 4.1M | 10.5M | 12.1M | 12.7M | |
Short Term Debt | 18.6M | 12.3M | 26.7M | 32.2M | 37.0M | 38.9M | |
Common Stock | 32.6M | 208.9M | 279.5M | 288.0M | 331.2M | 347.8M | |
Capital Stock | 32.6M | 208.9M | 279.5M | 288.0M | 331.2M | 347.8M | |
Intangible Assets | 12.0M | 62.3M | 62.1M | 27.3M | 31.4M | 31.4M | |
Long Term Debt | 13.9M | 19.1M | 17.0M | 12.5M | 11.3M | 13.2M | |
Good Will | 6.1M | 79.9M | 83.4M | 76.2M | 87.6M | 59.8M |
High Tide Key Income Statement Accounts
2020 | 2021 | 2022 | 2023 | 2024 | 2025 (projected) | ||
Tax Provision | 229K | (730K) | (2.9M) | (7.6M) | (6.9M) | (6.5M) | |
Net Interest Income | (9.9M) | (15.1M) | (9.9M) | (11.6M) | (10.5M) | (11.0M) | |
Interest Expense | 8M | 10.2M | 9.9M | 11.6M | 13.4M | 7.4M | |
Total Revenue | 83.3M | 181.1M | 356.9M | 487.7M | 560.8M | 588.9M | |
Gross Profit | 30.8M | 64.0M | 101.0M | 131.3M | 151.0M | 158.6M | |
Operating Income | (677K) | (18.7M) | (20.1M) | (41.4M) | (37.3M) | (35.4M) | |
Ebit | (18.7M) | (63.8M) | 29.9M | (37.0M) | (33.3M) | (31.6M) | |
Ebitda | 4.8M | (33.6M) | 30.0M | (4.2M) | (4.8M) | (5.1M) | |
Cost Of Revenue | 52.5M | 117.1M | 255.9M | 356.4M | 409.8M | 430.3M | |
Income Before Tax | (6.1M) | (35.8M) | (73.8M) | (48.6M) | (43.7M) | (45.9M) | |
Net Income | (6.4M) | (35.0M) | (70.8M) | (39.3M) | (35.4M) | (37.1M) | |
Income Tax Expense | 229K | (730K) | (2.9M) | (7.6M) | (6.9M) | (6.5M) | |
Minority Interest | 1.6M | (680K) | (908K) | 1.6M | 1.9M | 2.0M |
High Tide Key Cash Accounts
2020 | 2021 | 2022 | 2023 | 2024 | 2025 (projected) | ||
Change To Inventory | 2.0M | (5.5M) | (2.9M) | (2.9M) | (2.6M) | (2.7M) | |
Change In Cash | 6.7M | 6.5M | 11.1M | 5.0M | 5.8M | 4.7M | |
Net Borrowings | 24.9M | 3.7M | (10.1M) | (1.9M) | (1.7M) | (1.6M) | |
Free Cash Flow | 6.1M | (13.5M) | (4.6M) | 14.6M | 16.8M | 17.6M | |
Depreciation | 6.8M | 23.6M | 30.2M | 32.8M | 37.7M | 39.6M | |
Other Non Cash Items | 2.9M | 14.4M | 44.6M | 36.3M | 41.8M | 43.9M | |
Capital Expenditures | 2.8M | 10.7M | 9.1M | 6.1M | 7.0M | 6.8M | |
Net Income | (6.4M) | (35.0M) | (70.8M) | (41.0M) | (36.9M) | (38.7M) | |
End Period Cash Flow | 7.5M | 14.0M | 25.1M | 30.1M | 34.6M | 36.4M | |
Change To Netincome | 8.2M | 2.2M | 16.4M | 48.3M | 55.6M | 58.3M |
High Financial Ratios Relationships
Comparative valuation techniques use various fundamental indicators to help in determining High Tide's current stock value. Our valuation model uses many indicators to compare High Tide value to that of its competitors to determine the firm's financial worth. You can analyze the relationship between different fundamental ratios across High Tide competition to find correlations between indicators driving High Tide's intrinsic value. More Info.High Tide is one of the top stocks in return on equity category among its peers. It also is one of the top stocks in return on asset category among its peers . As of now, High Tide's Return On Equity is decreasing as compared to previous years. The reason why the comparable model can be used in almost all circumstances is due to the vast number of multiples that can be utilized, such as the price-to-earnings (P/E), price-to-book (P/B), price-to-sales (P/S), price-to-cash flow (P/CF), and many others. The P/E ratio is the most commonly used of these ratios because it focuses on the High Tide's earnings, one of the primary drivers of an investment's value.High Tide Systematic Risk
High Tide's systematic risk plays a vital role in portfolio allocation when considering its stock to be added to a well-diversified portfolio. High Tide volatility which cannot be eliminated through diversification, requires returns over the risk-free rate. Over the long run, a well-diversified portfolio provides returns that match its exposure to systematic risk. In this case, investors face a trade-off between expected returns and systematic risk and, therefore, can only reduce a portfolio's exposure to systematic risk by sacrificing expected returns on the portfolio.
The function did not generate any output. Please change time horizon or modify your input parameters. The output start index for this execution was one with a total number of output elements of sixty. The Beta measures systematic risk based on how returns on High Tide correlated with the market. If Beta is less than 0 High Tide generally moves in the opposite direction as compared to the market. If High Tide Beta is about zero movement of price series is uncorrelated with the movement of the benchmark. if Beta is between zero and one High Tide is generally moves in the same direction as, but less than the movement of the market. For Beta = 1 movement of High Tide is generally in the same direction as the market. If Beta > 1 High Tide moves generally in the same direction as, but more than the movement of the benchmark.
Today, most investors in High Tide Stock are looking for potential investment opportunities by analyzing not only static indicators but also various High Tide's growth ratios. Consistent increases or decreases in fundamental ratios usually indicate a possible pattern that can be successfully translated into profits. However, when comparing two companies, knowing each company's growth growth rates may not be enough to decide which company is a better investment. That's why investors frequently use static breakdown of High Tide growth as a starting point in their analysis.
Price Earnings To Growth Ratio |
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High Tide January 18, 2025 Opportunity Range
Along with financial statement analysis, the daily predictive indicators of High Tide help investors to analyze its daily demand and supply, volume, patterns, and price swings to determine the real value of High Tide. We use our internally-developed statistical techniques to arrive at the intrinsic value of High Tide based on widely used predictive technical indicators. In general, we focus on analyzing High Stock price patterns and their correlations with different microeconomic environment and drivers. We also apply predictive analytics to build High Tide's daily price indicators and compare them against related drivers.
Downside Deviation | 3.47 | |||
Information Ratio | 0.1277 | |||
Maximum Drawdown | 19.45 | |||
Value At Risk | (4.79) | |||
Potential Upside | 7.01 |
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When running High Tide's price analysis, check to measure High Tide's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy High Tide is operating at the current time. Most of High Tide's value examination focuses on studying past and present price action to predict the probability of High Tide's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move High Tide's price. Additionally, you may evaluate how the addition of High Tide to your portfolios can decrease your overall portfolio volatility.
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