High Tide Net Worth

High Tide Net Worth Breakdown

  HITI
The net worth of High Tide is the difference between its total assets and liabilities. High Tide's net worth represents the value of the company's equity or ownership interest. In other words, it is the amount of money that would be left over if all of High Tide's assets were sold and all of its debts were paid off. Net worth is sometimes referred to as shareholder's equity or book value. High Tide's net worth can be used as a measure of its financial health and stability which can help investors to decide if High Tide is a good investment. It is also essential in determining the company's creditworthiness and ability to secure financing before investing in High Tide stock.

High Tide Net Worth Analysis

High Tide's net worth analysis, or its valuation, is the process of determining the total value of the company. This involves assessing a range of factors, including High Tide's financial performance, assets, liabilities, and potential for growth. The ultimate goal is to provide a clear understanding of High Tide's overall worth, which can help investors make informed investment decisions. There are several methods that can be used to perform High Tide's net worth analysis. One common approach is to calculate High Tide's market capitalization.Another approach is to use the price-to-earnings ratio (P/E ratio), which compares High Tide's stock price to its earnings per share (EPS). Discounted cash flow (DCF) analysis is another popular method for assessing High Tide's net worth. This approach calculates the present value of High Tide's future cash flows, taking into account factors such as growth rate, profitability, and risk. By comparing the present value of High Tide's cash flows to its current stock price, investors can gain a better understanding of the company's overall value. Finally, investors may use comparable company analysis to evaluate High Tide's net worth. This involves comparing High Tide's financial metrics to similar companies in the same industry. By identifying companies with similar financial characteristics, investors can gain insight into High Tide's net worth relative to its peers.

Enterprise Value

136.79 Million

To determine if High Tide is a good investment, evaluating the company's potential for future growth is also very important. This may include expanding into new markets, launching new products or services, or improving operational efficiency. Companies with strong growth prospects can be more attractive investments. This aspect of the research should be conducted in the context of the overall market and industry in which the company operates and should include an analysis of growth potential, competitive landscape, and any regulatory or economic factors that could impact the business. Some of the essential points regarding High Tide's net worth research are outlined below:
High Tide appears to be risky and price may revert if volatility continues
The company reported the previous year's revenue of 487.67 M. Net Loss for the year was (40.95 M) with profit before overhead, payroll, taxes, and interest of 100.95 M.
Latest headline from news.google.com: Is It Worth Investing in High Tide Based on Wall Streets Bullish Views - MSN

High Tide Quarterly Good Will

76.33 Million

High Tide uses earnings reports to provide investors with an update of all three financial statements, including the income statement, the balance sheet, and the cash flow statement. Therefore, it is also crucial when considering investing in High Tide. Every quarterly earnings report provides investors with an overview of sales, expenses, and net income for the most recent period. It also may provide a comparison to High Tide's previous reporting period. The quarterly earnings reports are usually disseminated to the public via Form 10-Q, which is a legal document filed with the Securities and Exchange Commission every quarter.
29th of January 2024
Upcoming Quarterly Report
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15th of March 2024
Next Financial Report
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31st of October 2023
Next Fiscal Quarter End
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29th of January 2024
Next Fiscal Year End
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31st of July 2023
Last Quarter Report
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31st of October 2022
Last Financial Announcement
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Know High Tide's Top Institutional Investors

Have you ever been surprised when a price of an equity instrument such as High Tide is soaring high without any particular reason? This is usually happening because many institutional investors are aggressively trading High Tide backward and forwards among themselves. High Tide's institutional investor refers to the entity that pools money to purchase High Tide's securities or originate loans. Institutional investors include commercial and private banks, credit unions, insurance companies, pension funds, hedge funds, endowments, and mutual funds. Operating companies that invest excess capital in these types of assets may also be included in the term and may influence corporate governance by exercising voting rights in their investments.
Shares
Qube Research & Technologies2024-06-30
41.3 K
Hillsdale Investment Management Inc.2024-09-30
28.1 K
Jane Street Group Llc2024-06-30
22.2 K
Ci Private Wealth Llc2024-06-30
20 K
Bank Of Montreal2024-06-30
14.1 K
Bmo Capital Markets Corp.2024-06-30
14.1 K
Pfs Partners, Llc2024-09-30
14 K
Honkamp Krueger Financial Services Inc2024-09-30
12.8 K
Revisor Wealth Management Llc2024-09-30
12 K
Advisorshares Investments, Llc2024-09-30
1.5 M
Renaissance Technologies Corp2024-09-30
346.3 K
Note, although High Tide's institutional investors appear to be way more sophisticated than retail investors, it remains unclear if professional active investment managers can reliably enhance risk-adjusted returns by an amount that exceeds fees and expenses.

Follow High Tide's market capitalization trends

The company currently falls under 'Small-Cap' category with a current market capitalization of 213.79 M.

Market Cap

106.18 Million

Project High Tide's profitablity

Last ReportedProjected for Next Year
Return On Tangible Assets(0.35)(0.37)
Return On Capital Employed(0.21)(0.22)
Return On Assets(0.19)(0.20)
Return On Equity(0.34)(0.36)
The company has Profit Margin (PM) of (0.06) %, which may suggest that it does not properly executes on its current pricing strategies or is unable to control all of the operational costs. This is way below average. Similarly, it shows Operating Margin (OM) of 0.03 %, which suggests for every 100 dollars of sales, it generated a net operating income of $0.03.
When accessing High Tide's net worth, it's important to look at multiple sources and consider different scenarios. For example, gross profit margin measures High Tide's profitability after accounting for the cost of goods sold, while net profit margin measures profitability after accounting for all expenses. Other important metrics include return on assets, return on equity, and free cash flow. By reviewing multiple sources and metrics, you can gain a complete picture of High Tide's profitability and make more informed investment decisions.

Evaluate High Tide's management efficiency

High Tide has return on total asset (ROA) of 0.0315 % which means that it generated a profit of $0.0315 on every $100 spent on assets. This is way below average. Similarly, it shows a return on stockholder's equity (ROE) of (0.1988) %, meaning that it created substantial loss on money invested by shareholders. High Tide's management efficiency ratios could be used to measure how well High Tide manages its routine affairs as well as how well it operates its assets and liabilities. The current Return On Tangible Assets is estimated to decrease to -0.37. The current Return On Capital Employed is estimated to decrease to -0.22. As of now, High Tide's Asset Turnover is increasing as compared to previous years.
Last ReportedProjected for Next Year
Book Value Per Share 1.62  1.70 
Tangible Book Value Per Share 0.37  0.38 
Enterprise Value Over EBITDA(52.11)(49.51)
Price Book Value Ratio 1.01  0.78 
Enterprise Value Multiple(52.11)(49.51)
Price Fair Value 1.01  0.78 
Enterprise Value171.3 M136.8 M
Understanding the operational decisions made by High Tide management offers insights into its financial robustness. This evaluation is crucial for assessing the stock's investment potential.
Enterprise Value Revenue
0.6436
Revenue
511.1 M
Quarterly Revenue Growth
0.059
Revenue Per Share
6.536
Return On Equity
(0.20)

High Tide Corporate Filings

6K
18th of November 2024
A report filed by foreign private issuers with SEC. A foreign private issuer is a non-U.S. company with securities traded on U.S. exchanges.
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15th of November 2024
Other Reports
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16th of July 2024
Other Reports
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3rd of July 2024
Other Reports
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High Tide time-series forecasting models is one of many High Tide's stock analysis techniques aimed to predict future share value based on previously observed values. Time-series forecasting models ae widely used for non-stationary data. Non-stationary data are called the data whose statistical properties e.g. the mean and standard deviation are not constant over time but instead, these metrics vary over time. These non-stationary High Tide's historical data is usually called time-series. Some empirical experimentation suggests that the statistical forecasting models outperform the models based exclusively on fundamental analysis to predict the direction of the market movement and maximize returns from investment trading.

High Tide Earnings per Share Projection vs Actual

High Tide Corporate Management

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.
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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.