High Historical Income Statement
| HITI Stock | USD 2.80 0.11 3.78% |
Historical analysis of High Tide income statement accounts such as Selling General Administrative of 117.2 M or Selling And Marketing Expenses of 3.2 M can show how well High Tide performed in making a profits. Evaluating High Tide income statement over time to spot trends is a great complementary tool to traditional technical analysis and can indicate the direction of High Tide's future profits or losses.
Financial Statement Analysis is much more than just reviewing and examining High Tide latest accounting reports to predict its past. Macroaxis encourages investors to analyze financial statements over time for various trends across multiple indicators and accounts to determine whether High Tide is a good buy for the upcoming year.
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About High Income Statement Analysis
High Tide Income Statement consists of revenues and expenses along with the resulting net income or loss. It represents the profit for the accounting period attributable to High Tide shareholders. The income statement also shows High investors and management if the firm made money during the period reported. The result of an income statement is the net income that is calculated after subtracting the expenses from revenue. It is essential to investors both as an absolute measure as well as earnings per share (i.e., EPS).
High Tide Income Statement Chart
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Total Revenue
Total revenue comprises all receipts High Tide generated from the sale of its products or services. The total amount of income generated by the sale of goods or services related to the company's primary operations.Gross Profit
Gross profit is a required income statement account that reflects total revenue of High Tide minus its cost of goods sold. It is profit before High Tide operating expenses, interest payments and taxes. Gross profit is also known as gross margin. The profit a company makes after deducting the costs associated with making and selling its products, or the costs associated with providing its services.Cost Of Revenue
Cost of Revenue is found on High Tide income statement and represents the costs associated with goods and services High Tide provides. Indirect cost, such as salaries, is not included. In other words, cost of revenue is the total cost incurred to obtain a sale. It is more than the traditional cost of goods sold, since it includes specific selling and marketing activities.Most accounts from High Tide's income statement are interrelated and interconnected. However, analyzing income statement accounts one by one will only give a small insight into High Tide current financial condition. On the other hand, looking into the entire matrix of income statement accounts, and analyzing their relationships over time can provide a more complete picture of the company financial strength now and in the future. Check out Risk vs Return Analysis to better understand how to build diversified portfolios, which includes a position in High Tide. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in estimate. For more detail on how to invest in High Stock please use our How to Invest in High Tide guide.As of now, High Tide's Gross Profit is increasing as compared to previous years. The High Tide's current Other Operating Expenses is estimated to increase to about 555.5 M, while Tax Provision is forecasted to increase to (6.5 M).
| 2021 | 2022 | 2023 | 2024 (projected) | Gross Profit | 101.0M | 131.3M | 151.0M | 158.6M | Total Revenue | 356.9M | 487.7M | 560.8M | 588.9M |
High Tide income statement Correlations
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High Tide Account Relationship Matchups
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High Tide income statement Accounts
| 2019 | 2020 | 2021 | 2022 | 2023 | 2024 (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) | |
| Depreciation And Amortization | 6.8M | 23.6M | 30.2M | 167.9K | 32.8M | 34.4M | |
| Interest Expense | 8M | 10.2M | 9.9M | 11.6M | 13.4M | 7.4M | |
| Selling General Administrative | 22.2M | 50.8M | 83.0M | 97.1M | 111.6M | 117.2M | |
| Selling And Marketing Expenses | 429K | 3.4M | 7.9M | 4.1M | 4.8M | 3.2M | |
| 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 | |
| Other Operating Expenses | 81.9M | 195.0M | 377.0M | 490.3M | 529.1M | 555.5M | |
| Operating Income | (677K) | (18.7M) | (20.1M) | (41.4M) | (37.3M) | (35.4M) | |
| Net Income From Continuing Ops | (6.4M) | (35.0M) | (70.8M) | (41.0M) | (36.9M) | (38.7M) | |
| Ebit | (677K) | (18.7M) | (63.8M) | 29.9M | (37.0M) | (35.1M) | |
| Ebitda | 6.1M | 4.8M | (33.6M) | 30.0M | (4.2M) | (4.4M) | |
| Cost Of Revenue | 52.5M | 117.1M | 255.9M | 356.4M | 409.8M | 430.3M | |
| Total Operating Expenses | 29.4M | 77.8M | 121.1M | 134.0M | 172.7M | 181.4M | |
| Reconciled Depreciation | 6.8M | 23.6M | 30.2M | 32.8M | 37.7M | 39.6M | |
| Income Before Tax | (6.1M) | (35.8M) | (73.8M) | (48.6M) | (43.7M) | (45.9M) | |
| Total Other Income Expense Net | (6.2M) | (17.1M) | (1.5M) | (34.3M) | (7.2M) | (7.5M) | |
| Net Income Applicable To Common Shares | (26.3M) | (6.4M) | (35.0M) | (71.8M) | (64.6M) | (61.4M) | |
| 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 |
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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 Risk vs Return Analysis to better understand how to build diversified portfolios, which includes a position in High Tide. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in estimate. 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 Funds Screener module to find actively-traded funds from around the world traded on over 30 global exchanges.
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.