High Tide Inc. (HITI)
High Tide Statistics
Share Statistics
High Tide has 80.94M shares outstanding. The number of shares has increased by 0.61% in one year.
| Shares Outstanding | 80.94M |
| Shares Change (YoY) | 0.61% |
| Shares Change (QoQ) | 0.33% |
| Owned by Institutions (%) | 6.78% |
| Shares Floating | 69.3M |
| Failed to Deliver (FTD) Shares | 19.51K |
| FTD / Avg. Volume | 2.65% |
Short Selling Information
| Short Interest | n/a |
| Short % of Shares Out | n/a |
| Short % of Float | n/a |
| Short Ratio (days to cover) | n/a |
Valuation Ratios
The PE ratio is -51.73 and the forward PE ratio is 37.08. High Tide's PEG ratio is 0.58.
| PE Ratio | -51.73 |
| Forward PE | 37.08 |
| PS Ratio | 1.57 |
| Forward PS | 0.2 |
| PB Ratio | 48.43 |
| P/FCF Ratio | 8.7 |
| PEG Ratio | 0.58 |
Enterprise Valuation
Currently the Enterprise Value (EV) is not available for High Tide.
| EV / Sales | n/a |
| EV / EBITDA | n/a |
| EV / EBIT | n/a |
| EV / FCF | n/a |
Financial Position
The company has a current ratio of 0.09, with a Debt / Equity ratio of 16.11.
| Current Ratio | 0.09 |
| Quick Ratio | 0.09 |
| Debt / Equity | 16.11 |
| Debt / EBITDA | 2.21 |
| Debt / FCF | 2.89 |
| Interest Coverage | 0.39 |
Financial Efficiency
Return on Equity is n/a and Return on Invested Capital is n/a.
| Return on Equity | n/a |
| Return on Assets | n/a |
| Return on Invested Capital | n/a |
| Revenue Per Employee | $81.43K |
| Profits Per Employee | $-2.48K |
| Employee Count | 1,750 |
| Asset Turnover | 0.58 |
| Inventory Turnover | n/a |
Taxes
| Income Tax | -593K |
| Effective Tax Rate | 13.47% |
Stock Price Statistics
The stock price has increased by 7.44% in the last 52 weeks. The beta is 0.84, so High Tide's price volatility has been higher than the market average.
| Beta | 0.84 |
| 52-Week Price Change | 7.44% |
| 50-Day Moving Average | 2.28 |
| 200-Day Moving Average | 2.45 |
| Relative Strength Index (RSI) | 60.43 |
| Average Volume (20 Days) | 735.36K |
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 | 8.39M |
| 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 100%, with operating and profit margins of 3.51% and -3.04%.
| Gross Margin | 100% |
| Operating Margin | 3.51% |
| Pretax Margin | -3.09% |
| Profit Margin | -3.04% |
| 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 | n/a |
| FCF Yield | n/a |
Analyst Forecast
The average price target for HITI is $4.5, which is 94.8% higher than the current price. The consensus rating is "Buy".
| Price Target | $4.5 |
| Price Target Difference | 94.8% |
| 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 | 2.48 |
| Piotroski F-Score | 5 |