AndreasAlexander Palalas - High Tide Chief Officer

HITI Stock  CAD 4.53  0.21  4.43%   

Insider

AndreasAlexander Palalas is Chief Officer of High Tide
Age 33
Address 11127 - 15 Street N.E., Calgary, AB, Canada, T3K 2M4
Phone403 770 9435
Webhttps://www.hightideinc.com

High Tide Management Efficiency

The company 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 equity (ROE) of (0.1988) %, meaning that it generated 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. Return On Tangible Assets is likely to drop to -0.37 in 2024. Return On Capital Employed is likely to drop to -0.22 in 2024. At this time, High Tide's Net Tangible Assets are fairly stable compared to the past year. Total Current Assets is likely to climb to about 82.9 M in 2024, whereas Other Current Assets are likely to drop slightly above 1.8 M in 2024.
High Tide has accumulated 24.98 M in total debt with debt to equity ratio (D/E) of 0.36, which is about average as compared to similar companies. High Tide has a current ratio of 1.59, which is within standard range for the sector. Debt can assist High Tide until it has trouble settling it off, either with new capital or with free cash flow. So, High Tide's shareholders could walk away with nothing if the company can't fulfill its legal obligations to repay debt. However, a more frequent occurrence is when companies like High Tide sell additional shares at bargain prices, diluting existing shareholders. Debt, in this case, can be an excellent and much better tool for High to invest in growth at high rates of return. When we think about High Tide's use of debt, we should always consider it together with cash and equity.

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High Tide Inc. operates as a vertically-integrated company in the cannabis market in Canada, 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 Exotistan and is traded on Commodity Exchange. High Tide (HITI) is traded on TSX Venture Exchange in Canada and employs 1,550 people. High Tide is listed under Consumer Staples Distribution & Retail category by Fama And French industry classification.

Management Performance

High Tide Leadership Team

Elected by the shareholders, the High Tide's board of directors comprises two types of representatives: High Tide inside directors who are chosen from within the company, and outside directors, selected externally and held independent of High. The board's role is to monitor High Tide's management team and ensure that shareholders' interests are well served. High Tide's inside directors are responsible for reviewing and approving budgets prepared by upper management to implement core corporate initiatives and projects. On the other hand, High Tide's outside directors are responsible for providing unbiased perspectives on the board's policies.
Omar Khan, Chief Officer
CPA CMA, Chief Officer
Aman Sood, Chief Officer
AndreasAlexander Palalas, Chief Officer
Joy Avzar, VP Counsel
Harkirat Grover, CEO, Founder
Sandy Sharma, Vice Resources
Krystal Dafoe, Director Governance
Shimshon JD, Secretary Treasurer

High Stock Performance Indicators

The ability to make a profit is the ultimate goal of any investor. But to identify the right stock is not an easy task. Is High Tide a good investment? Although profit is still the single most important financial element of any organization, multiple performance indicators can help investors identify the equity that they will appreciate over time.

Thematic Opportunities

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Additional Tools for High Stock Analysis

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.