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
High Tide Inc (HITI) - Total Assets
Latest total assets as of October 2025: $349.02 Million USD
Based on the latest financial reports, High Tide Inc (HITI) holds total assets worth $349.02 Million USD as of October 2025.
Total assets represent everything the company owns and controls, combining both current assets—like cash and cash equivalents, accounts receivable, and inventories—and non-current assets such as property, plant, equipment (PP&E), intangible assets, and long-term investments.
High Tide Inc - Total Assets Trend (2016–2025)
This chart illustrates how High Tide Inc’s total assets have evolved over time, based on quarterly financial data. Explore and compare other companies by total assets.
High Tide Inc - Asset Composition Analysis
Current Asset Composition (October 2025)
High Tide Inc's total assets of $349.02 Million consist of 39.2% current assets and 60.8% non-current assets.
| Asset Category | Amount (USD) | % of Total Assets |
|---|---|---|
| Cash & Equivalents | $0.00 | 13.7% |
| Accounts Receivable | $5.61 Million | 1.6% |
| Inventory | $67.40 Million | 19.3% |
| Property, Plant & Equipment | $0.00 | 0.0% |
| Intangible Assets | $39.42 Million | 11.3% |
| Goodwill | $90.11 Million | 25.8% |
Asset Composition Trend (2016–2025)
This chart illustrates how High Tide Inc's asset composition has evolved over time. Understanding changes in asset allocation can provide insights into the company's strategic shifts, capital allocation priorities, and business focus evolution.
Key Asset Composition Facts
- Current vs. Non-Current Assets: High Tide Inc's current assets represent 39.2% of total assets in 2025, a decrease from 94.2% in 2016.
- Cash Position: Cash and equivalents constituted 13.7% of total assets in 2025, up from 10.7% in 2016.
- Tangible vs. Intangible: Intangible assets (including goodwill) make up 36.0% of total assets, an increase from 0.0% in 2016.
- Asset Diversification: The largest asset category is goodwill at 25.8% of total assets.
High Tide Inc Competitors by Total Assets
Key competitors of High Tide Inc based on total assets are shown below.
| Company | Country | Total Assets |
|---|---|---|
|
Cachet Pharmaceutical Co Ltd
SHE:002462
|
China | CN¥12.68 Billion |
|
Yunnan Hongxiang Yixintang
SHE:002727
|
China | CN¥15.84 Billion |
|
Luyan Pharma Co Ltd
SHE:002788
|
China | CN¥13.04 Billion |
|
Ji Yao Holding Group Co Ltd
SHE:300108
|
China | CN¥1.43 Billion |
|
Sichuan Hezong Medicine Easy-to-buy Pharmaceutical Co. Ltd.
SHE:300937
|
China | CN¥1.75 Billion |
|
ShuYu Civilian Pharmacy Corp. Ltd.
SHE:301017
|
China | CN¥9.84 Billion |
|
Hunan Dajiaweikang Pharmaceutical Industry Co.Ltd
SHE:301126
|
China | CN¥6.56 Billion |
|
Anhui Huaren Health Pharmaceutical Co. Ltd. Cl A
SHE:301408
|
China | CN¥5.26 Billion |
High Tide Inc - Asset Efficiency Metrics
Asset efficiency metrics measure how effectively a company uses its assets to generate revenue and profits. These indicators help investors evaluate management's ability to deploy capital efficiently.
Asset Turnover Ratio
Measures how efficiently a company uses its assets to generate sales
Strong asset utilization - High Tide Inc generates 1.70x its asset value in annual revenue.
Return on Assets (ROA)
Measures how efficiently a company uses its assets to generate profits
Negative ROA - High Tide Inc is currently not profitable relative to its asset base.
High Tide Inc - Liquidity and Working Capital Analysis
Liquidity ratios measure a company's ability to pay off its short-term debts as they come due, using the company's current or quick assets. Working capital represents the operational liquidity available.
Key Liquidity Metrics
| Metric | Current | 1 Year Ago | 5 Years Ago |
|---|---|---|---|
| Current Ratio | 1.37 | 1.40 | 0.78 |
| Quick Ratio | 0.70 | 0.92 | 0.57 |
| Cash Ratio | 0.00 | 0.00 | 0.00 |
| Working Capital | $36.96 Million | $ 24.31 Million | $ -10.50 Million |
High Tide Inc - Advanced Valuation Insights
This section examines the relationship between High Tide Inc's asset base and its market valuation, helping to identify whether the company's assets are efficiently translated into market value.
Key Valuation Metrics
| Current Price-to-Book Ratio | 3.37 |
| Latest Market Cap to Assets Ratio | 0.55 |
| Asset Growth Rate (YoY) | 41.8% |
| Total Assets | $349.02 Million |
| Market Capitalization | $191.93 Million USD |
Valuation Analysis
Below Book Valuation: The market values High Tide Inc's assets below their book value (0.55 x), which may indicate investor concerns about asset quality or future growth.
Rapid Asset Growth: High Tide Inc's assets grew by 41.8% over the past year, indicating significant expansion of the company's resource base.
Annual Total Assets for High Tide Inc (2016–2025)
The table below shows the annual total assets of High Tide Inc from 2016 to 2025.
| Year | Total Assets | Change |
|---|---|---|
| 2025-10-31 | $349.02 Million | +41.76% |
| 2024-10-31 | $246.21 Million | +5.49% |
| 2023-10-31 | $233.40 Million | -15.05% |
| 2022-10-31 | $274.74 Million | +11.59% |
| 2021-10-31 | $246.22 Million | +252.69% |
| 2020-10-31 | $69.81 Million | +71.34% |
| 2019-10-31 | $40.74 Million | +57.17% |
| 2018-10-31 | $25.92 Million | +133.26% |
| 2017-10-31 | $11.11 Million | +6.67% |
| 2016-10-31 | $10.42 Million | -- |