High Cash from 2010 to 2025

HITI Stock  USD 2.14  0.01  0.47%   
High Tide's Cash is increasing with slightly volatile movements from year to year. Cash is estimated to finish at about 57.1 M this year. Cash is the total amount of money in the form of currency that High Tide has in its possession. This includes all bills, coins, and funds in bank accounts. View All Fundamentals
 
Cash  
First Reported
2018-10-31
Previous Quarter
47.3 M
Current Value
33.3 M
Quarterly Volatility
12.2 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 30.7 M, Interest Expense of 7.5 M or Selling General Administrative of 117.9 M, as well as many indicators such as Price To Sales Ratio of 0.66, Dividend Yield of 0.0262 or PTB Ratio of 2.08. 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 Cash Growth Pattern

Below is the plot of the Cash of High Tide over the last few years. Cash refers to the most liquid asset of High Tide, which is listed under current asset account on High Tide balance sheet and usually includes currency, coins, checking accounts, and not deposited checks received from High Tide customers. The amounts must be unrestricted with restricted cash listed in a different High Tide account. It is the total amount of money in the form of currency that a company has in its possession. This includes all bills, coins, and funds in bank accounts. High Tide's Cash 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.
Cash10 Years Trend
Slightly volatile
   Cash   
       Timeline  

High Cash Regression Statistics

Arithmetic Mean15,744,910
Geometric Mean4,930,420
Coefficient Of Variation130.63
Mean Deviation16,897,425
Median7,524,000
Standard Deviation20,567,431
Sample Variance423T
Range56.3M
R-Value0.87
Mean Square Error112.4T
R-Squared0.75
Significance0.000014
Slope3,746,143
Total Sum of Squares6345.3T

High Cash History

202557.1 M
202454.4 M
202347.3 M
202230.1 M
202125.1 M
202014 M
20197.5 M

Other Fundumenentals of High Tide

High Tide Cash component correlations

About High Tide Financial Statements

Investors use fundamental indicators, such as High Tide's Cash, 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
Cash54.4 M57.1 M
Cash And Short Term Investments818.8 K777.9 K
Change In Cash19.7 M20.7 M
Free Cash Flow29.7 M31.1 M
Begin Period Cash Flow34.6 M36.4 M
Total Cashflows From Investing Activities-7.7 M-8.1 M
Other Cashflows From Financing Activities36 K34.2 K
Other Non Cash Items9.8 M15.9 M
Total Cash From Operating Activities40.9 M42.9 M
Total Cash From Financing Activities-7 M-6.6 M
End Period Cash Flow54.4 M57.1 M
Other Cashflows From Investing Activities-632.7 K-601.1 K
Free Cash Flow Yield 0.07  0.08 
Operating Cash Flow Per Share 0.40  0.42 
Free Cash Flow Per Share 0.29  0.30 
Cash Per Share 0.68  0.73 
Capex To Operating Cash Flow 0.25  0.26 
EV To Operating Cash Flow 11.08  9.50 
EV To Free Cash Flow 15.27  14.66 
Price To Operating Cash Flows Ratio 10.19  10.70 
Price To Free Cash Flows Ratio 14.05  7.37 
Cash Ratio 0.88  0.69 
Cash Conversion Cycle 26.18  24.87 
Operating Cash Flow Sales Ratio 0.06  0.06 
Free Cash Flow Operating Cash Flow Ratio 0.83  1.34 
Cash Flow Coverage Ratios 0.43  0.45 
Price Cash Flow Ratio 10.19  10.70 
Cash Flow To Debt Ratio 0.43  0.45 

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 Crypto Correlations module to use cryptocurrency correlation module to diversify your cryptocurrency portfolio across multiple coins.
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
(0.06)
Revenue Per Share
6.565
Quarterly Revenue Growth
0.088
Return On Assets
0.0399
Return On Equity
(0.03)
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.