High Tide Stock Current Liabilities
HITI Stock | CAD 4.33 0.09 2.12% |
High Tide fundamentals help investors to digest information that contributes to High Tide's financial success or failures. It also enables traders to predict the movement of High Stock. The fundamental analysis module provides a way to measure High Tide's intrinsic value by examining its available economic and financial indicators, including the cash flow records, the balance sheet account changes, the income statement patterns, and various microeconomic indicators and financial ratios related to High Tide stock.
Total Current Liabilities is likely to climb to about 70.2 M in 2024, whereas Non Current Liabilities Total is likely to drop slightly above 31.3 M in 2024. High | Current Liabilities |
High Tide Company Current Liabilities Analysis
High Tide's Current Liabilities is the company's short term debt. This usually includes obligations that are due within the next 12 months or within one fiscal year. Current liabilities are very important in analyzing a company's financial health as it requires the company to convert some of its current assets into cash.
High Current Liabilities Driver Correlations
Understanding the fundamental principles of building solid financial models for High Tide is extremely important. It helps to project a fair market value of High Stock properly, considering its historical fundamentals such as Current Liabilities. Since High Tide's main accounts across its financial reports are all linked and dependent on each other, it is essential to analyze all possible correlations between related accounts. However, instead of reviewing all of High Tide's historical financial statements, investors can examine the correlated drivers to determine its overall health. This can be effectively done using a conventional correlation matrix of High Tide's interrelated accounts and indicators.
Click cells to compare fundamentals
Current liabilities appear on the company's balance sheet and include all short term debt accounts, accounts and notes payable, accrued liabilities as well as current payments due on the long-term loans. One of the most useful applications of Current Liabilities is the current ratio which is defined as current assets divided by its current liabilities. High current ratios mean that current assets are more than sufficient to pay off current liabilities.
Competition |
High Total Current Liabilities
Total Current Liabilities |
|
In accordance with the recently published financial statements, High Tide has a Current Liabilities of 0.0. This is 100.0% lower than that of the Consumer Staples Distribution & Retail sector and about the same as Consumer Staples (which currently averages 0.0) industry. The current liabilities for all Canada stocks is 100.0% higher than that of the company.
High Tide Current Valuation Drivers
We derive many important indicators used in calculating different scores of High Tide from analyzing High Tide's financial statements. These drivers represent accounts that assess High Tide's ability to generate profits relative to its revenue, operating costs, and shareholders' equity. Below are some of High Tide's important valuation drivers and their relationship over time.
2019 | 2020 | 2021 | 2022 | 2023 | 2024 (projected) | ||
Market Cap | 38.9M | 303.0M | 124.3M | 147.9M | 133.1M | 106.2M | |
Enterprise Value | 78.4M | 344.4M | 169.1M | 190.3M | 171.3M | 136.8M |
High Fundamentals
Return On Equity | -0.2 | ||||
Return On Asset | 0.0315 | ||||
Profit Margin | (0.06) % | ||||
Operating Margin | 0.03 % | ||||
Current Valuation | 379.79 M | ||||
Shares Outstanding | 80.68 M | ||||
Shares Owned By Insiders | 8.80 % | ||||
Shares Owned By Institutions | 10.10 % | ||||
Number Of Shares Shorted | 334.7 K | ||||
Price To Book | 2.41 X | ||||
Price To Sales | 0.68 X | ||||
Revenue | 487.67 M | ||||
Gross Profit | 100.95 M | ||||
EBITDA | 28.44 M | ||||
Net Income | (39.31 M) | ||||
Cash And Equivalents | 27.89 M | ||||
Cash Per Share | 0.53 X | ||||
Total Debt | 24.98 M | ||||
Debt To Equity | 0.36 % | ||||
Current Ratio | 1.62 X | ||||
Book Value Per Share | 1.80 X | ||||
Cash Flow From Operations | 20.66 M | ||||
Short Ratio | 1.93 X | ||||
Earnings Per Share | (0.41) X | ||||
Target Price | 6.39 | ||||
Number Of Employees | 1.55 K | ||||
Beta | 1.0 | ||||
Market Capitalization | 349.33 M | ||||
Total Asset | 233.4 M | ||||
Retained Earnings | (205.93 M) | ||||
Working Capital | 10.51 M | ||||
Net Asset | 233.4 M |
About High Tide Fundamental Analysis
The Macroaxis Fundamental Analysis modules help investors analyze High Tide's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of High Tide using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of High Tide based on its fundamental data. In general, a quantitative approach, as applied to this company, focuses on analyzing financial statements comparatively, whereas a qaualitative method uses data that is important to a company's growth but cannot be measured and presented in a numerical way.
Please read more on our fundamental analysis page.
Thematic Opportunities
Explore Investment Opportunities
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.