HITI High Tide Inc.

  1. Stocks
  2. Healthcare
  3. NASDAQ: HITI

Price (delayed)

$2.31

Market cap

$202.98M

P/E Ratio

N/A

Dividend/share

N/A

EPS

-0.54 CAD

Enterprise value

$255.75M

?
Relative Growth: Rel. Growth: 51
Relative Strength: Rel. Strength: 23
Relative Valuation: Rel. Valuation: 41
Relative Profitability: Rel. Profitability: 14

high tide inc. operates as a vertically-integrated company in the cannabis market in canada. it engages in the design, manufacture, and distribution of cannabis accessories and alternative lifestyle products. the ...

Highlights
The gross profit rose by 23% year-on-year and by 8% since the previous quarter
The revenue has increased by 22% year-on-year and by 7% since the previous quarter
HITI's debt has surged by 72% year-on-year but it is down by 2.8% since the previous quarter
HITI's quick ratio is down by 39% year-on-year and by 17% since the previous quarter
High Tide's equity has decreased by 37% YoY
Sector: Healthcare
Industry: Pharmaceutical Retailers
Website: https://hightideinc.com

Key stats

What are the main financial stats of HITI

HITI stock price

How has the High Tide stock price performed over time
Intraday
-2.53%
1 week
-0.86%
1 month
-1.28%
1 year
5%
YTD
-12.83%
QTD
0.87%

Financial performance

How have High Tide's revenue and profit performed over time
Revenue
671.35M CAD
Gross profit
175.42M CAD
Operating income
176,000 CAD
Net income
-44.03M CAD
Gross margin
26.1%
Net margin
-6.6%
High Tide's operating income has surged by 103% QoQ but it has shrunk by 98% YoY
HITI's operating margin has surged by 100% since the previous quarter but it has dropped by 100% year-on-year
The gross profit rose by 23% year-on-year and by 8% since the previous quarter
The revenue has increased by 22% year-on-year and by 7% since the previous quarter

Price vs fundamentals

How does HITI's price correlate with its fundamentals

Growth

What is High Tide's growth rate over time

Valuation

What is High Tide stock price valuation
P/E
N/A
P/B
3.16
P/S
0.42
EV/EBIT
N/A
EV/EBITDA
44.03
EV/Sales
0.53
The EPS has grown by 7% from the previous quarter
HITI's price to book (P/B) is 76% higher than its 5-year quarterly average of 1.8 and 5% higher than its last 4 quarters average of 3.0
High Tide's equity has decreased by 37% YoY
HITI's price to sales (P/S) is 40% lower than its 5-year quarterly average of 0.7 and 16% lower than its last 4 quarters average of 0.5
The revenue has increased by 22% year-on-year and by 7% since the previous quarter

Efficiency

How efficient is High Tide business performance
The ROIC has grown by 31% from the previous quarter
The ROS has grown by 26% from the previous quarter
High Tide's return on assets has increased by 14% QoQ
HITI's ROE is down by 6% from the previous quarter

Dividends

What is HITI's dividend
DPS
N/A
Dividend yield
N/A
Payout ratio
N/A

There are no recent dividends present for HITI.

Financial health

How did High Tide financials performed over time
The total assets is 41% greater than the total liabilities
HITI's total liabilities has surged by 173% year-on-year
The total assets has grown by 50% year-on-year
HITI's debt is 23% greater than its equity
The debt to equity has soared by 173% YoY but it has contracted by 3.1% from the previous quarter
HITI's debt has surged by 72% year-on-year but it is down by 2.8% since the previous quarter

All financial data is based on trailing twelve months (TTM) periods - updated quarterly, unless otherwise specified.