High Tide Statistics
Share Statistics
High Tide has 80.68M shares outstanding. The number of shares has increased by 7.44% in one year.
| Shares Outstanding | 80.68M |
| Shares Change (YoY) | n/a |
| Shares Change (QoQ) | 0.29% |
| Owned by Institutions (%) | n/a |
| Shares Floating | 73.37M |
| Failed to Deliver (FTD) Shares | 50.85K |
| FTD / Avg. Volume | 6.29% |
Short Selling Information
The latest short interest is 4.24M, so 5.25% of the outstanding shares have been sold short.
| Short Interest | 4.24M |
| Short % of Shares Out | 5.25% |
| Short % of Float | 5.78% |
| Short Ratio (days to cover) | 5.6 |
Valuation Ratios
The PE ratio is -3.76 and the forward PE ratio is 67.25.
| PE Ratio | -3.76 |
| Forward PE | 67.25 |
| PS Ratio | 0.3 |
| Forward PS | 0.4 |
| PB Ratio | 1.12 |
| P/FCF Ratio | 10.15 |
| PEG Ratio | n/a |
Enterprise Valuation
High Tide Inc. has an Enterprise Value (EV) of 221.86M.
| EV / Earnings | -5.64 |
| EV / Sales | 0.45 |
| EV / EBITDA | -52.82 |
| EV / EBIT | -5.36 |
| EV / FCF | 15.22 |
Financial Position
The company has a current ratio of 1.18, with a Debt / Equity ratio of 0.28.
| Current Ratio | 1.18 |
| Quick Ratio | 0.73 |
| Debt / Equity | 0.28 |
| Total Debt / Capitalization | 22.18 |
| Cash Flow / Debt | 0.55 |
| Interest Coverage | -3.56 |
Financial Efficiency
Return on equity (ROE) is -0.3% and return on capital (ROIC) is -16.93%.
| Return on Equity (ROE) | -0.3% |
| Return on Assets (ROA) | -0.17% |
| Return on Capital (ROIC) | -16.93% |
| Revenue Per Employee | 314.63K |
| Profits Per Employee | -25.36K |
| Employee Count | 1.55K |
| Asset Turnover | 2.09 |
| Inventory Turnover | 13.72 |
Taxes
| Income Tax | -7.64M |
| Effective Tax Rate | 0.16 |
Stock Price Statistics
The stock price has increased by 104.49% in the last 52 weeks. The beta is 1, so High Tide 's price volatility has been higher than the market average.
| Beta | 1 |
| 52-Week Price Change | 104.49% |
| 50-Day Moving Average | 2.8 |
| 200-Day Moving Average | 2.28 |
| Relative Strength Index (RSI) | 53.84 |
| Average Volume (20 Days) | 808.23K |
Income Statement
In the last 12 months, High Tide had revenue of $487.67M and earned -$39.31M in profits. Earnings per share was $-0.53.
| Revenue | 487.67M |
| Gross Profit | 131.31M |
| Operating Income | -41.42M |
| Net Income | -39.31M |
| EBITDA | -4.20M |
| EBIT | -41.42M |
| Earnings Per Share (EPS) | -0.53 |
Balance Sheet
The company has $30.12M in cash and $72.53M in debt, giving a net cash position of -$42.41M.
| Cash & Cash Equivalents | 30.12M |
| Total Debt | 72.53M |
| Net Cash | -42.41M |
| Retained Earnings | -205.93M |
| Total Assets | 238.46M |
| Working Capital | 15.58M |
Cash Flow
In the last 12 months, operating cash flow was $20.66M and capital expenditures -$6.08M, giving a free cash flow of $14.58M.
| Operating Cash Flow | 20.66M |
| Capital Expenditures | -6.08M |
| Free Cash Flow | 14.58M |
| FCF Per Share | 0.2 |
Margins
Gross margin is 26.93%, with operating and profit margins of -8.49% and -8.06%.
| Gross Margin | 26.93% |
| Operating Margin | -8.49% |
| Pretax Margin | -9.96% |
| Profit Margin | -8.06% |
| EBITDA Margin | -0.86% |
| EBIT Margin | -8.49% |
| FCF Margin | 2.99% |
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 | -16.61% |
| FCF Yield | 5.67% |
Analyst Forecast
The average price target for HITI is $4.5, which is 41.1% higher than the current price. The consensus rating is "Buy".
| Price Target | $4.5 |
| Price Target Difference | 41.1% |
| 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 | 2.33 |
| Piotroski F-Score | 6 |