High Tide Inc. (HITI)
High Tide Statistics
Share Statistics
High Tide has 80.94M shares outstanding. The number of shares has increased by 7.14% in one year.
| Shares Outstanding | 80.94M |
| Shares Change (YoY) | 7.14% |
| Shares Change (QoQ) | 0% |
| Owned by Institutions (%) | 6.78% |
| Shares Floating | 69.3M |
| Failed to Deliver (FTD) Shares | 3.36K |
| FTD / Avg. Volume | 0.44% |
Short Selling Information
The latest short interest is 4.29M, so 5.32% of the outstanding shares have been sold short.
| Short Interest | 4.29M |
| Short % of Shares Out | 5.32% |
| Short % of Float | 5.85% |
| Short Ratio (days to cover) | 5.94 |
Valuation Ratios
The PE ratio is -72.65 and the forward PE ratio is 28.08. High Tide's PEG ratio is 0.81.
| PE Ratio | -72.65 |
| Forward PE | 28.08 |
| PS Ratio | 0.6 |
| Forward PS | 0.2 |
| PB Ratio | 2.2 |
| P/FCF Ratio | 12.22 |
| PEG Ratio | 0.81 |
Enterprise Valuation
High Tide Inc. has an Enterprise Value (EV) of 221.86M.
| EV / Earnings | -51.16 |
| EV / Sales | 1.56 |
| EV / EBITDA | 6.57 |
| EV / EBIT | 44.35 |
| EV / FCF | 8.6 |
Financial Position
The company has a current ratio of 1.4, with a Debt / Equity ratio of 0.52.
| Current Ratio | 1.4 |
| Quick Ratio | 0.92 |
| Debt / Equity | 0.52 |
| Total Debt / Capitalization | 34.24 |
| Cash Flow / Debt | 0.48 |
| Interest Coverage | 0.39 |
Financial Efficiency
Return on equity (ROE) is -0.03% and return on capital (ROIC) is 5.31%.
| Return on Equity (ROE) | -0.03% |
| Return on Assets (ROA) | -0.02% |
| Return on Capital (ROIC) | 5.31% |
| Revenue Per Employee | $81,429.71 |
| Profits Per Employee | $-2,478.29 |
| Employee Count | 1,750 |
| Asset Turnover | 2.12 |
| Inventory Turnover | 12.95 |
Taxes
| Income Tax | -593K |
| Effective Tax Rate | 0.13 |
Stock Price Statistics
The stock price has increased by 1.48% in the last 52 weeks. The beta is 0.89, so High Tide's price volatility has been higher than the market average.
| Beta | 0.89 |
| 52-Week Price Change | 1.48% |
| 50-Day Moving Average | 2.57 |
| 200-Day Moving Average | 2.48 |
| Relative Strength Index (RSI) | 34 |
| Average Volume (20 Days) | 767.97K |
Income Statement
In the last 12 months, High Tide had revenue of 142.5M and earned -4.34M in profits. Earnings per share was -0.05.
| Revenue | 142.5M |
| Gross Profit | 142.5M |
| Operating Income | 5M |
| Net Income | -4.34M |
| EBITDA | 33.78M |
| EBIT | 5M |
| Earnings Per Share (EPS) | -0.05 |
Balance Sheet
The company has 47.27M in cash and 74.61M in debt, giving a net cash position of -27.35M.
| Cash & Cash Equivalents | 47.27M |
| Total Debt | 74.61M |
| Net Cash | -27.35M |
| Retained Earnings | 0 |
| Total Assets | 235.66M |
| Working Capital | 27.9M |
Cash Flow
In the last 12 months, operating cash flow was 35.55M and capital expenditures -9.75M, giving a free cash flow of 25.8M.
| Operating Cash Flow | 35.55M |
| Capital Expenditures | -9.75M |
| Free Cash Flow | 25.8M |
| FCF Per Share | 0.32 |
Margins
Gross margin is 27.28%, with operating and profit margins of 0.96% and -0.83%.
| Gross Margin | 27.28% |
| Operating Margin | 0.96% |
| Pretax Margin | -0.84% |
| Profit Margin | -0.83% |
| EBITDA Margin | 23.71% |
| EBIT Margin | 3.51% |
| FCF Margin | 18.1% |
Dividends & Yields
HITI does not appear to pay any dividends at this time.
| Dividend Per Share | n/a |
| Dividend Yield | n/a |
| Dividend Growth (YoY) | n/a |
| Payout Ratio | n/a |
| Earnings Yield | -2.43% |
| FCF Yield | 15.47% |
Analyst Forecast
The average price target for HITI is $4.5, which is 118.4% higher than the current price. The consensus rating is "Buy".
| Price Target | $4.5 |
| Price Target Difference | 118.4% |
| Analyst Consensus | Buy |
| Analyst Count | 1 |
Stock Splits
The last stock split was on May 13, 2021. It was a backward split with a ratio of 1:15.
| Last Split Date | May 13, 2021 |
| Split Type | backward |
| Split Ratio | 1:15 |
Scores
| Altman Z-Score | 2.39 |
| Piotroski F-Score | 5 |