High Tide Inc Cash Flow Conversion Efficiency
High Tide Inc cash flow conversion efficiency. Based on the latest financial reports, High Tide Inc (HITI) has a cash flow conversion efficiency ratio of 0.057x as of January 2026. Cash flow conversion efficiency measures how effectively a company's net assets (equity) generate operating cash flow. It is calculated by dividing operating cash flow ($5.86 Million) by net assets ($102.15 Million). A higher ratio indicates that the company is more efficient at using its equity to generate cash flow from its core operations.
Cash Flow Conversion Efficiency of High Tide Inc (2016–2025)
Cash flow conversion efficiency of High Tide Inc from 2016 to 2025. This chart illustrates how High Tide Inc's cash flow conversion efficiency has evolved over time, based on yearly financial data. View High Tide Inc (HITI) share price today for real-time trading data and today's change.
High Tide Inc Cash Flow Conversion Ratio Explained
High Tide Inc cash flow conversion ratio divides operating cash flow by net assets, so a higher ratio means more cash generated from each unit of shareholder equity.
High Tide Inc Competitors by Cash Flow Conversion Efficiency
The table below lists competitors of High Tide Inc ranked by their cash flow conversion efficiency. Also see High Tide Inc stock valuation for the company's overall valuation and market capitalisation.
| Company | Cash Flow Conversion Efficiency |
|---|---|
|
Oando PLC
JSE:OAO
|
-0.158x |
|
Toubani Resources Ltd
AU:TRE
|
-0.052x |
|
Youlchon Chem
KO:008730
|
0.029x |
|
Kalyani Investment Company Limited
NSE:KICL
|
-0.001x |
|
Vizsla Royalties Corp.
V:VROY
|
-0.007x |
|
Wuhan Golden Laser Co Ltd
SHE:300220
|
0.121x |
|
Security National Financial
NASDAQ:SNFCA
|
0.009x |
|
Polaris Infrastructure Inc
TO:PIF
|
0.035x |
Annual Cash Flow Conversion Efficiency for High Tide Inc (2016–2025)
The table below shows the annual cash flow conversion efficiency of High Tide Inc from 2016 to 2025. Review free cash flow generation of High Tide Inc to assess how much free cash flow the company generates relative to operating cash flow.
| Year | Net Assets | Operating Cash Flow | Cash Flow Conversion Efficiency | Change |
|---|---|---|---|---|
| 2025-10-31 | $102.77 Million | $23.87 Million | 0.232x | +32.33% |
| 2024-10-31 | $202.55 Million | $35.55 Million | 0.175x | +13.53% |
| 2023-10-31 | $133.67 Million | $20.66 Million | 0.155x | +457.19% |
| 2022-10-31 | $162.03 Million | $4.50 Million | 0.028x | +249.27% |
| 2021-10-31 | $152.00 Million | $-2.83 Million | -0.019x | -102.46% |
| 2020-10-31 | $11.72 Million | $8.85 Million | 0.755x | +149.04% |
| 2019-10-31 | $9.41 Million | $-14.48 Million | -1.539x | -308.86% |
| 2018-10-31 | $23.32 Million | $-8.78 Million | -0.377x | -249.14% |
| 2017-10-31 | $-9.66 Million | $1.04 Million | -0.108x | -267.55% |
| 2016-10-31 | $-9.87 Million | $289.72K | -0.029x | -- |
About High Tide Inc
High Tide Inc. engages in the cannabis retail business in Canada, the United States, and internationally. The company operates through Bricks and Mortar, E-commerce, and Medical Cannabis Distribution segments. It manufactures and distributes consumption accessories; cannabis; and hemp derived products. The company also engages in data analytics; advertising; product sourcing and imports; event-ba… Read more