High Fixed Asset Turnover from 2010 to 2024

HITI Stock  USD 2.14  0.01  0.47%   
High Tide's Fixed Asset Turnover is decreasing with slightly volatile movements from year to year. Fixed Asset Turnover is predicted to flatten to 9.22. For the period between 2010 and 2024, High Tide, Fixed Asset Turnover quarterly trend regression had mean deviation of  46.37 and range of 96.2663. View All Fundamentals
 
Fixed Asset Turnover  
First Reported
2010-12-31
Previous Quarter
9.71
Current Value
9.22
Quarterly Volatility
48.15702505
 
Credit Downgrade
 
Yuan Drop
 
Covid
Check High Tide financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among High main balance sheet or income statement drivers, such as Depreciation And Amortization of 39.6 M, Interest Expense of 14 M or Selling General Administrative of 117.2 M, as well as many exotic indicators such as Price To Sales Ratio of 0.33, Dividend Yield of 0.0034 or PTB Ratio of 0.98. High financial statements analysis is a perfect complement when working with High Tide Valuation or Volatility modules.
  
This module can also supplement High Tide's financial leverage analysis and stock options assessment as well as various High Tide Technical models . Check out the analysis of High Tide Correlation against competitors.
For more detail on how to invest in High Stock please use our How to Invest in High Tide guide.

Latest High Tide's Fixed Asset Turnover Growth Pattern

Below is the plot of the Fixed Asset Turnover of High Tide over the last few years. It is High Tide's Fixed Asset Turnover historical data analysis aims to capture in quantitative terms the overall pattern of either growth or decline in High Tide's overall financial position and show how it may be relating to other accounts over time.
Fixed Asset Turnover10 Years Trend
Slightly volatile
   Fixed Asset Turnover   
       Timeline  

High Fixed Asset Turnover Regression Statistics

Arithmetic Mean49.01
Geometric Mean19.57
Coefficient Of Variation98.25
Mean Deviation46.37
Median9.71
Standard Deviation48.16
Sample Variance2,319
Range96.2663
R-Value(0.85)
Mean Square Error701.21
R-Squared0.72
Significance0.000065
Slope(9.13)
Total Sum of Squares32,467

High Fixed Asset Turnover History

2024 9.22
2023 9.71
2022 8.44
2021 5.76
2020 3.43
2019 2.82
2018 2.53

About High Tide Financial Statements

There are typically three primary documents that fall into the category of financial statements. These documents include High Tide income statement, its balance sheet, and the statement of cash flows. High Tide investors use historical funamental indicators, such as High Tide's Fixed Asset Turnover, to determine how well the company is positioned to perform in the future. Although High Tide investors may use each financial statement separately, they are all related. The changes in High Tide's assets and liabilities, for example, are also reflected in the revenues and expenses that we see on High Tide's income statement, which results in the company's gains or losses. Cash flows can provide more information regarding cash listed on a balance sheet, but not equivalent to net income shown on the income statement. We offer a historical overview of the basic patterns found on High Tide Financial Statements. Understanding these patterns can help to make the right decision on long term investment in High Tide. Please read more on our technical analysis and fundamental analysis pages.
Last ReportedProjected for Next Year
Fixed Asset Turnover 9.71  9.22 
Some investors attempt to determine whether the market's mood is bullish or bearish by monitoring changes in market sentiment. Unlike more traditional methods such as technical analysis, investor sentiment usually refers to the aggregate attitude towards High Tide in the overall investment community. So, suppose investors can accurately measure the market's sentiment. In that case, they can use it for their benefit. For example, some tools to gauge market sentiment could be utilized using contrarian indexes, High Tide's short interest history, or implied volatility extrapolated from High Tide options trading.

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When determining whether High Tide offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of High Tide's financial statements, including income statements, balance sheets, and cash flow statements, to assess its financial health. Key financial ratios are used to gauge profitability, efficiency, and growth potential of High Tide Stock. Outlined below are crucial reports that will aid in making a well-informed decision on High Tide Stock:
Check out the analysis of High Tide Correlation against competitors.
For more detail on how to invest in High Stock please use our How to Invest in High Tide guide.
You can also try the Technical Analysis module to check basic technical indicators and analysis based on most latest market data.

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When running High Tide's price analysis, check to measure High Tide's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy High Tide is operating at the current time. Most of High Tide's value examination focuses on studying past and present price action to predict the probability of High Tide's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move High Tide's price. Additionally, you may evaluate how the addition of High Tide to your portfolios can decrease your overall portfolio volatility.
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Is High Tide's industry expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of High Tide. If investors know High will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about High Tide listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Earnings Share
(0.39)
Revenue Per Share
6.569
Quarterly Revenue Growth
0.085
Return On Assets
0.0106
Return On Equity
(0.24)
The market value of High Tide is measured differently than its book value, which is the value of High that is recorded on the company's balance sheet. Investors also form their own opinion of High Tide's value that differs from its market value or its book value, called intrinsic value, which is High Tide's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because High Tide's market value can be influenced by many factors that don't directly affect High Tide's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between High Tide's value and its price as these two are different measures arrived at by different means. Investors typically determine if High Tide is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, High Tide's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.