High Tide Inc (HITI) - 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. See net asset quality index of High Tide Inc to measure how much of total assets are equity-financed.
High Tide Inc - Cash Flow Conversion Efficiency Trend (2016–2025)
This chart illustrates how High Tide Inc's cash flow conversion efficiency has evolved over time, based on yearly financial data. Check HITI operating cash flow to net income to evaluate the quality of earnings relative to operating cash generation.
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.
| Company | Cash Flow Conversion Efficiency |
|---|---|
|
Millennial Potash Corp.
V:MLP
|
-0.041x |
|
Doosan Co Ltd
KO:000157
|
0.010x |
|
Virgin Galactic Holdings Inc
NYSE:SPCE
|
-0.249x |
|
Curexo Inc
KQ:060280
|
-0.016x |
|
Melar Acquisition Corp. I Unit
NASDAQ:MACIU
|
-0.001x |
|
Berjaya Assets Bhd
KLSE:3239
|
0.032x |
|
Nam Kim Steel JSC
VN:NKG
|
0.104x |
|
Creotech Quantum SA
WAR:CRQ
|
N/A |
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. For the full company profile with market capitalisation and key ratios, see High Tide Inc (HITI) total market value.
| 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