High Historical Income Statement
| HITI Stock | CAD 4.33 0.09 2.12% |
Historical analysis of High Tide income statement accounts such as Minority Interest of 2 M or Selling General Administrative of 122.2 M can show how well High Tide performed in making a profits. Evaluating High Tide income statement over time to spot trends is a great complementary tool to traditional technical analysis and can indicate the direction of High Tide's future profits or losses.
Financial Statement Analysis is much more than just reviewing and examining High Tide latest accounting reports to predict its past. Macroaxis encourages investors to analyze financial statements over time for various trends across multiple indicators and accounts to determine whether High Tide is a good buy for the upcoming year.
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About High Income Statement Analysis
High Tide Income Statement consists of revenues and expenses along with the resulting net income or loss. It represents the profit for the accounting period attributable to High Tide shareholders. The income statement also shows High investors and management if the firm made money during the period reported. The result of an income statement is the net income that is calculated after subtracting the expenses from revenue. It is essential to investors both as an absolute measure as well as earnings per share (i.e., EPS).
High Tide Income Statement Chart
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Other Operating Expenses
Other Operating Expenses is the expense which generally does not depend on sales or production quantities of High Tide. It is also known as High Tide overhead expenses. Typically these expenses include marketing, rent and utilities, office, leases, and other overhead cost. Expenses incurred from non-core business activities, including administrative and general expenses, but excluding costs directly related to production.Tax Provision
The amount set aside by a company to cover any estimated taxes for the current period. It reflects the company's expected tax liabilities.Total Revenue
Total revenue comprises all receipts High Tide generated from the sale of its products or services. The total amount of income generated by the sale of goods or services related to the company's primary operations.Total Operating Expenses
The total costs associated with the day-to-day operations of a business, excluding the cost of goods sold but including selling, general, and administrative expenses.Net Income
Net income is one of the most important fundamental items in finance. It plays a large role in High Tide financial statement analysis. It represents the amount of money remaining after all of High Tide operating expenses, interest, taxes and preferred stock dividends have been deducted from a company total revenue.Most accounts from High Tide's income statement are interrelated and interconnected. However, analyzing income statement accounts one by one will only give a small insight into High Tide current financial condition. On the other hand, looking into the entire matrix of income statement accounts, and analyzing their relationships over time can provide a more complete picture of the company financial strength now and in the future. Check out Risk vs Return Analysis to better understand how to build diversified portfolios, which includes a position in High Tide. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in gross domestic product. For more information on how to buy High Stock please use our How to Invest in High Tide guide.At this time, High Tide's Interest Expense is fairly stable compared to the past year. Minority Interest is likely to climb to about 2 M in 2024, despite the fact that Income Tax Expense is likely to grow to (2.5 M).
| 2021 | 2022 | 2023 | 2024 (projected) | Gross Profit | 101.0M | 131.3M | 151.0M | 158.6M | Total Revenue | 356.9M | 487.7M | 560.8M | 588.9M |
High Tide income statement Correlations
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High Tide Account Relationship Matchups
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High Tide income statement Accounts
| 2019 | 2020 | 2021 | 2022 | 2023 | 2024 (projected) | ||
| Interest Expense | 8M | 10.2M | 9.9M | 11.6M | 13.4M | 14.0M | |
| Net Income Applicable To Common Shares | (26.3M) | (6.4M) | (34.4M) | (71.8M) | (64.6M) | (61.4M) | |
| Income Tax Expense | (708K) | 229K | (730K) | (2.9M) | (2.6M) | (2.5M) | |
| Minority Interest | 1.6M | (680K) | (908K) | 1.6M | 1.9M | 2.0M | |
| Tax Provision | 229K | (730K) | (2.9M) | (7.6M) | (6.9M) | (6.5M) | |
| Net Interest Income | (9.9M) | (15.1M) | (9.9M) | (11.6M) | (10.5M) | (11.0M) | |
| Selling General Administrative | 22.6M | 54.3M | 90.9M | 101.2M | 116.4M | 122.2M | |
| Total Revenue | 83.3M | 181.1M | 356.9M | 487.7M | 560.8M | 588.9M | |
| Gross Profit | 30.8M | 64.0M | 101.0M | 131.3M | 151.0M | 158.6M | |
| Operating Income | 1.4M | (13.9M) | (20.1M) | (2.7M) | (2.4M) | (2.5M) | |
| Net Income From Continuing Ops | (6.4M) | (35.0M) | (70.8M) | (41.0M) | (36.9M) | (38.7M) | |
| Ebit | (19.5M) | 1.4M | (13.9M) | (20.1M) | (18.1M) | (17.2M) | |
| Ebitda | (23.8M) | 8.7M | (2.0M) | (33.6M) | (30.3M) | (28.8M) | |
| Cost Of Revenue | 52.5M | 117.1M | 255.9M | 356.4M | 409.8M | 430.3M | |
| Total Operating Expenses | 81.9M | 195.0M | 377.0M | 490.3M | 563.9M | 592.1M | |
| Reconciled Depreciation | 6.8M | 23.6M | 30.2M | 32.8M | 37.7M | 39.6M | |
| Income Before Tax | (6.1M) | (35.8M) | (73.8M) | (48.6M) | (43.7M) | (45.9M) | |
| Total Other Income Expense Net | 2.4M | (6.8M) | (43.7M) | (34.3M) | (30.9M) | (29.3M) | |
| Net Income | (6.4M) | (35.7M) | (71.8M) | (39.3M) | (35.4M) | (37.1M) |
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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.