High Financial Statements From 2010 to 2024

HITI Stock  USD 2.80  0.11  3.78%   
High Tide financial statements provide useful quarterly and yearly information to potential High Tide investors about the company's current and past financial position, as well as its overall management performance and changes in financial position over time. Historical trend examination of various income statement and balance sheet accounts found on High Tide financial statements helps investors assess High Tide's valuation, profitability, and current liquidity needs. Key fundamental drivers impacting High Tide's valuation are summarized below:
Gross Profit
101 M
Profit Margin
(0.06)
Market Capitalization
231.3 M
Enterprise Value Revenue
0.6957
Revenue
511.1 M
We have found one hundred twenty available fundamental trends for High Tide, which can be analyzed and compared to other ratios and to its competitors. Traders should compare all of High Tide regular fundamentals against the fundamentals between 2010 and 2024 to make sure the company is sustainable this year. The current Market Cap is estimated to decrease to about 106.2 M. Enterprise Value is estimated to decrease to about 136.8 M

High Tide Total Revenue

588.86 Million

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.

High Tide Balance Sheet

Current ValueLast YearHistorical Average 10 Year Trend
Total Assets156.1 M268.4 M92.9 M
Slightly volatile
Short and Long Term Debt Total47 M83.4 M26.9 M
Slightly volatile
Total Current Liabilities38.3 M66.9 M30 M
Slightly volatile
Property Plant And Equipment Net37.9 M66.5 M21.5 M
Slightly volatile
Current Deferred Revenue1.1 M1.6 MM
Slightly volatile
Accounts Payable6.3 M9.6 M3.8 M
Slightly volatile
Cash36.4 M34.6 M10.9 M
Slightly volatile
Non Current Assets Total113.8 M189.5 M64.7 M
Slightly volatile
Non Currrent Assets Other2.5 M3.8 M1.5 M
Slightly volatile
Other Assets3.5 M3.7 M2.2 M
Slightly volatile
Cash And Short Term Investments36.5 M34.8 M11.4 M
Slightly volatile
Net Receivables5.6 M8.7 M5.1 M
Slightly volatile
Common Stock Shares Outstanding89.8 M85.5 M32.6 M
Slightly volatile
Liabilities And Stockholders Equity156.1 M268.4 M92.9 M
Slightly volatile
Non Current Liabilities Total33.1 M47.8 M18.7 M
Slightly volatile
Capital Lease Obligations42.3 M40.3 M13.2 M
Slightly volatile
Inventory15.4 M29.9 M10.2 M
Slightly volatile
Other Current Assets4.6 M5.6 M2.7 M
Slightly volatile
Other Stockholder Equity53.4 M50.8 M14.7 M
Slightly volatile
Total Liabilities71.4 M114.7 M48.7 M
Slightly volatile
Short and Long Term Debt30.2 M28.7 MM
Slightly volatile
Total Current Assets42.3 M78.9 M28.2 M
Slightly volatile
Short Term Debt38.9 M37 M11.6 M
Slightly volatile
Common Stock347.8 M331.2 M103.6 M
Slightly volatile
Property Plant Equipment74.9 M71.3 M24.6 M
Slightly volatile
Capital Stock347.8 M331.2 M120 M
Slightly volatile
Intangible Assets31.4 M31.4 M16.1 M
Slightly volatile
Other Liabilities5.8 M11 M3.6 M
Slightly volatile
Long Term Debt13.2 M11.3 M17.6 M
Slightly volatile
Good Will59.8 M87.6 M28.7 M
Slightly volatile
Non Current Liabilities Other71.2 K80.1 K87.2 K
Slightly volatile
Long Term Investments153 K161.1 K1.2 M
Slightly volatile
Property Plant And Equipment Gross71.4 M99.1 M48.6 M
Slightly volatile

High Tide Income Statement

Current ValueLast YearHistorical Average 10 Year Trend
Interest Expense7.4 M13.4 M4.2 M
Slightly volatile
Selling General Administrative117.2 M111.6 M35.8 M
Slightly volatile
Selling And Marketing Expenses3.2 M4.8 MM
Slightly volatile
Total Revenue588.9 M560.8 M157.9 M
Slightly volatile
Gross Profit158.6 M151 M45.6 M
Slightly volatile
Other Operating Expenses555.5 M529.1 M157 M
Slightly volatile
Cost Of Revenue430.3 M409.8 M112.3 M
Slightly volatile
Total Operating Expenses181.4 M172.7 M52 M
Slightly volatile
Reconciled Depreciation39.6 M37.7 M11.5 M
Slightly volatile

High Tide Cash Flow Statement

Current ValueLast YearHistorical Average 10 Year Trend
Begin Period Cash Flow30.3 M28.8 M8.2 M
Slightly volatile
Depreciation39.6 M37.7 M11.5 M
Slightly volatile
Capital Expenditures6.8 MM3.8 M
Slightly volatile
End Period Cash Flow36.4 M34.6 M10.9 M
Slightly volatile
Change To Netincome58.3 M55.6 M15.9 M
Slightly volatile
Change To Liabilities1.8 M2.1 M1.2 M
Slightly volatile
Stock Based CompensationM5.8 M2.1 M
Slightly volatile
Sale Purchase Of Stock394.2 K414.9 K1.7 M
Slightly volatile

Financial Ratios

Current ValueLast YearHistorical Average 10 Year Trend
Price To Sales Ratio0.330.351.5673
Very volatile
Dividend Yield0.02620.01810.0326
Slightly volatile
Days Sales Outstanding6.196.5239.2725
Slightly volatile
Average Payables1.3 M2.5 M1.6 M
Slightly volatile
Stock Based Compensation To Revenue0.01130.01190.0192
Very volatile
Capex To Depreciation0.20.214.028
Very volatile
EV To Sales0.430.452.4915
Slightly volatile
Inventory Turnover12.9712.355.2439
Slightly volatile
Days Of Inventory On Hand29.0630.59188
Slightly volatile
Payables Turnover40.3238.416.5579
Slightly volatile
Sales General And Administrative To Revenue0.410.230.2872
Slightly volatile
Capex To Revenue0.01360.01430.0654
Very volatile
Cash Per Share0.740.471.3759
Slightly volatile
Days Payables Outstanding9.359.8436.6144
Slightly volatile
Current Ratio1.791.361.2391
Pretty Stable
Receivables Turnover60.8557.9623.2686
Slightly volatile
Graham Number9.565.2817.7093
Slightly volatile
Capex Per Share0.06990.07360.1309
Pretty Stable
Average Receivables2.4 M2.7 M2.9 M
Slightly volatile
Revenue Per Share6.087.559.9908
Slightly volatile
Interest Debt Per Share0.720.7617.4353
Slightly volatile
Debt To Assets0.180.16060.8571
Slightly volatile
Operating Cycle35.2637.11227
Slightly volatile
Days Of Payables Outstanding9.359.8436.6144
Slightly volatile
Ebt Per Ebit2.041.061.9134
Pretty Stable
Long Term Debt To Capitalization0.09490.09980.4753
Slightly volatile
Quick Ratio1.260.840.8561
Pretty Stable
Net Income Per E B T0.680.730.7855
Slightly volatile
Cash Ratio0.670.60.4297
Pretty Stable
Cash Conversion Cycle25.9127.27191
Slightly volatile
Days Of Inventory Outstanding29.0630.59188
Slightly volatile
Days Of Sales Outstanding6.196.5239.2725
Slightly volatile
Fixed Asset Turnover9.229.7151.6016
Slightly volatile
Debt Ratio0.180.16060.8571
Slightly volatile
Price Sales Ratio0.330.351.5673
Very volatile
Asset Turnover1.971.881.0651
Slightly volatile
Gross Profit Margin0.410.310.4183
Slightly volatile

High Tide Valuation Data

Current ValueLast YearHistorical Average 10 Year Trend
Market Cap106.2 M133.1 M86.6 M
Slightly volatile
Enterprise Value136.8 M171.3 M116.3 M
Slightly volatile

High Fundamental Market Drivers

Forward Price Earnings100
Cash And Short Term Investments30.3 M

High Upcoming Events

29th of January 2024
Upcoming Quarterly Report
View
15th of March 2024
Next Financial Report
View
31st of October 2023
Next Fiscal Quarter End
View
29th of January 2024
Next Fiscal Year End
View
31st of July 2023
Last Quarter Report
View
31st of October 2022
Last Financial Announcement
View

About High Tide Financial Statements

Investors use fundamental indicators, such as High Tide's revenue or net income, 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
Current Deferred Revenue1.6 M1.1 M
Total Revenue560.8 M588.9 M
Cost Of Revenue409.8 M430.3 M
Stock Based Compensation To Revenue 0.01  0.01 
Sales General And Administrative To Revenue 0.23  0.41 
Capex To Revenue 0.01  0.01 
Revenue Per Share 7.55  6.08 
Ebit Per Revenue(0.10)(0.10)

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 Portfolio Rebalancing module to analyze risk-adjusted returns against different time horizons to find asset-allocation targets.
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.