HITI
Price:
$2.8099
Market Cap:
$314.07M
High Tide Inc. engages in the cannabis retail business in Canada, Europe, the United States, and internationally. The company designs, manufactures, and distributes smoking accessories and cannabis lifestyle products. It is also involved in the wholesale and retailing of cannabis products, as well as operates and franchises licensed retail cannabis stores. In addition, the company provides data analytics services, as well as operates Grasscity.com and CBDcity.com platforms. As of August 4, 2022, it operated 139 retail locations in Ontario, Alberta, British Columbia, Manitoba, and Saskatchewan. The company was formerly known as High Tide Ventures Inc. and changed its name to High Tide Inc. in...[Read more]
Industry
Medical - Pharmaceuticals
IPO Date
2021-01-08
Stock Exchange
NASDAQ
Ticker
HITI
According to High Tide Inc.’s latest financial reports and current stock price. The company's current Current Ratio is 1.26. This represents a change of 6.26% compared to the average of 1.19 of the last 4 quarters.
The mean historical Current Ratio of High Tide Inc. over the last ten years is 1.63. The current 1.26 Current Ratio has changed 7.64% with respect to the historical average. Over the past ten years (40 quarters), HITI's Current Ratio was at its highest in in the October 2018 quarter at 6.76. The Current Ratio was at its lowest in in the July 2017 quarter at 0.
Average
1.63
Median
1.10
Minimum
0.48
Maximum
6.76
Discovering the peaks and valleys of High Tide Inc. Current Ratio, unveiling quarterly and yearly fluctuations to gain insights into the company’s financial performance and market dynamics, offering valuable data for investors and analysts alike.
Maximum Annual Increase = 1.24%
Maximum Annual Current Ratio = 6.76
Minimum Annual Increase = -82.55%
Minimum Annual Current Ratio = 0.48
Year | Current Ratio | Change |
---|---|---|
2023 | 1.18 | 10.48% |
2022 | 1.07 | -5.83% |
2021 | 1.13 | 61.65% |
2020 | 0.70 | -40.48% |
2019 | 1.18 | -82.55% |
2018 | 6.76 | 1.24% |
2017 | 0.50 | 3.99% |
The current Current Ratio of High Tide Inc. (HITI) is greater than its 3-year, greater than its 5-year, and less than than its 10-year historical averages
3-year avg
1.13
5-year avg
1.05
10-year avg
1.63
High Tide Inc.’s Current Ratio is greater than Leafly Holdings, Inc. (0.51), less than Nova Cannabis Inc. (1.96), less than TRxADE HEALTH, Inc. (4.16), less than SunLink Health Systems, Inc. (3.72), greater than Kiaro Holdings Corp. (1.23), greater than GABY Inc. (0), greater than Leafly Holdings, Inc. (0.51), greater than China Jo-Jo Drugstores, Inc. (0.94), less than MedAvail Holdings, Inc. (6.51), greater than BIMI International Medical Inc. (1.21), less than PetMed Express, Inc. (1.33), greater than Rite Aid Corporation (0.57),
Company | Current Ratio | Market cap |
---|---|---|
0.51 | $4.32M | |
1.96 | $78.47M | |
4.16 | $13.28M | |
3.72 | $6.05M | |
1.23 | $225.49K | |
0 | $2.66M | |
0.51 | $4.73M | |
0.94 | $14.51M | |
6.51 | $2.91M | |
1.21 | $279.21K | |
1.33 | $85.29M | |
0.57 | $36.76M |
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What is the Current Ratio?
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