High Short Long Term Debt vs Common Stock Analysis

HITI Stock

USD 2.39 0.09 3.91%

High Tide financial indicator trend analysis is much more than just examining High Tide latest accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether High Tide is a good investment. Please check the relationship between High Tide Short Long Term Debt and its Common Stock accounts. Check out Risk vs Return Analysis to better understand how to build diversified portfolios, which includes a position in High Tide. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in estimate.

For more detail on how to invest in High Stock please use our How to Invest in High Tide guide.

Short Long Term Debt vs Common Stock

Short Long Term Debt vs Common Stock Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of High Tide Short Long Term Debt account and Common Stock. At this time, the significance of the direction appears to have almost identical trend.

The correlation between High Tide's Short Long Term Debt and Common Stock is 0.91. Overlapping area represents the amount of variation of Short Long Term Debt that can explain the historical movement of Common Stock in the same time period over historical financial statements of High Tide, assuming nothing else is changed. The correlation between historical values of High Tide's Short Long Term Debt and Common Stock is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Short Long Term Debt of High Tide are associated (or correlated) with its Common Stock. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Common Stock has no effect on the direction of Short Long Term Debt i.e., High Tide's Short Long Term Debt and Common Stock go up and down completely randomly.

Correlation Coefficient

0.91

Relationship Direction	Positive
Relationship Strength	Very Strong

View All Relationships

Short Long Term Debt

The total of a company’s short-term and long-term borrowings.

Common Stock

Most indicators from High Tide's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into High Tide current financial condition. On the other hand, looking into the entire matrix of fundamental ratios indicators, and analyzing their relationships over time can provide a more complete picture of the company financial strength now and in the future. Check out Risk vs Return Analysis to better understand how to build diversified portfolios, which includes a position in High Tide. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in estimate.

For more detail on how to invest in High Stock please use our How to Invest in High Tide guide.As of now, High Tide's Selling General Administrative is increasing as compared to previous years. The High Tide's current Sales General And Administrative To Revenue is estimated to increase to 0.45, while Tax Provision is forecasted to increase to (6.5 M).

	2021	2022	2023	2024 (projected)
Gross Profit	101.0M	131.3M	151.0M	158.6M
Total Revenue	356.9M	487.7M	560.8M	588.9M

Gross Profit Total Revenue

High Tide fundamental ratios Correlations

	Total Assets	Short Long Term Debt Total	Other Current Liab	Total Current Liabilities	Total Stockholder Equity	Net Tangible Assets	Property Plant And Equipment Net	Current Deferred Revenue	Net Debt	Retained Earnings	Accounts Payable	Cash	Non Current Assets Total	Non Currrent Assets Other	Other Assets	Cash And Short Term Investments	Net Receivables	Common Stock Shares Outstanding	Short Term Investments	Non Current Liabilities Total	Capital Lease Obligations	Inventory	Other Current Assets	Other Stockholder Equity	Total Liab	Net Invested Capital
Total Assets		0.95	0.13	0.91	0.95	0.66	0.99	-0.03	0.9	-0.9	0.85	0.85	1.0	0.93	0.73	0.86	0.78	0.86	-0.36	0.96	0.92	0.89	0.89	0.88	0.98	1.0
Short Long Term Debt Total	0.95		-0.02	0.9	0.89	0.6	0.99	0.2	0.98	-0.89	0.82	0.85	0.94	0.88	0.74	0.85	0.67	0.84	-0.53	0.97	0.92	0.87	0.84	0.87	0.98	0.95
Other Current Liab	0.13	-0.02		0.41	0.07	-0.26	0.04	-0.62	-0.11	-0.14	-0.19	0.08	0.11	-0.16	-0.55	0.09	0.67	0.18	0.52	-0.07	0.06	0.13	-0.23	-0.04	0.16	0.06
Total Current Liabilities	0.91	0.9	0.41		0.83	0.43	0.91	-0.08	0.83	-0.87	0.66	0.81	0.9	0.73	0.42	0.82	0.91	0.84	-0.24	0.83	0.87	0.85	0.64	0.78	0.95	0.89
Total Stockholder Equity	0.95	0.89	0.07	0.83		0.76	0.93	-0.04	0.83	-0.94	0.83	0.93	0.95	0.93	0.76	0.93	0.7	0.93	-0.39	0.9	0.96	0.96	0.89	0.95	0.91	0.95
Net Tangible Assets	0.66	0.6	-0.26	0.43	0.76		0.65	0.35	0.49	-0.74	0.5	0.77	0.65	0.8	0.81	0.76	0.19	0.69	-0.66	0.59	0.67	0.7	0.86	0.83	0.54	0.71
Property Plant And Equipment Net	0.99	0.99	0.04	0.91	0.93	0.65		0.09	0.95	-0.91	0.85	0.86	0.98	0.92	0.75	0.86	0.72	0.85	-0.46	0.98	0.94	0.89	0.88	0.89	0.99	0.99
Current Deferred Revenue	-0.03	0.2	-0.62	-0.08	-0.04	0.35	0.09		0.17	-0.14	-0.12	0.18	-0.07	0.1	0.34	0.16	-0.44	0.08	-0.85	0.05	0.05	0.08	0.14	0.23	-0.01	0.03
Net Debt	0.9	0.98	-0.11	0.83	0.83	0.49	0.95	0.17		-0.81	0.85	0.77	0.9	0.83	0.75	0.77	0.61	0.76	-0.5	0.97	0.88	0.81	0.8	0.8	0.95	0.9
Retained Earnings	-0.9	-0.89	-0.14	-0.87	-0.94	-0.74	-0.91	-0.14	-0.81		-0.66	-0.98	-0.88	-0.83	-0.64	-0.98	-0.69	-0.98	0.51	-0.83	-0.95	-0.98	-0.79	-0.97	-0.89	-0.91
Accounts Payable	0.85	0.82	-0.19	0.66	0.83	0.5	0.85	-0.12	0.85	-0.66		0.63	0.88	0.9	0.81	0.64	0.57	0.64	-0.19	0.91	0.79	0.7	0.82	0.7	0.83	0.86
Cash	0.85	0.85	0.08	0.81	0.93	0.77	0.86	0.18	0.77	-0.98	0.63		0.83	0.81	0.65	1.0	0.62	0.99	-0.53	0.79	0.96	0.98	0.78	0.99	0.84	0.86
Non Current Assets Total	1.0	0.94	0.11	0.9	0.95	0.65	0.98	-0.07	0.9	-0.88	0.88	0.83		0.94	0.74	0.83	0.77	0.83	-0.34	0.97	0.91	0.87	0.89	0.86	0.97	0.99
Non Currrent Assets Other	0.93	0.88	-0.16	0.73	0.93	0.8	0.92	0.1	0.83	-0.83	0.9	0.81	0.94		0.9	0.81	0.56	0.79	-0.44	0.91	0.86	0.83	0.95	0.87	0.87	0.95
Other Assets	0.73	0.74	-0.55	0.42	0.76	0.81	0.75	0.34	0.75	-0.64	0.81	0.65	0.74	0.9		0.65	0.17	0.59	-0.64	0.8	0.7	0.65	0.93	0.76	0.66	0.78
Cash And Short Term Investments	0.86	0.85	0.09	0.82	0.93	0.76	0.86	0.16	0.77	-0.98	0.64	1.0	0.83	0.81	0.65		0.63	0.99	-0.51	0.79	0.96	0.98	0.77	0.98	0.84	0.86
Net Receivables	0.78	0.67	0.67	0.91	0.7	0.19	0.72	-0.44	0.61	-0.69	0.57	0.62	0.77	0.56	0.17	0.63		0.7	0.17	0.65	0.7	0.7	0.42	0.56	0.8	0.73
Common Stock Shares Outstanding	0.86	0.84	0.18	0.84	0.93	0.69	0.85	0.08	0.76	-0.98	0.64	0.99	0.83	0.79	0.59	0.99	0.7		-0.42	0.78	0.96	0.99	0.72	0.96	0.85	0.86
Short Term Investments	-0.36	-0.53	0.52	-0.24	-0.39	-0.66	-0.46	-0.85	-0.5	0.51	-0.19	-0.53	-0.34	-0.44	-0.64	-0.51	0.17	-0.42		-0.44	-0.42	-0.44	-0.56	-0.59	-0.36	-0.42
Non Current Liabilities Total	0.96	0.97	-0.07	0.83	0.9	0.59	0.98	0.05	0.97	-0.83	0.91	0.79	0.97	0.91	0.8	0.79	0.65	0.78	-0.44		0.9	0.83	0.89	0.84	0.96	0.96
Capital Lease Obligations	0.92	0.92	0.06	0.87	0.96	0.67	0.94	0.05	0.88	-0.95	0.79	0.96	0.91	0.86	0.7	0.96	0.7	0.96	-0.42	0.9		0.97	0.82	0.95	0.93	0.92
Inventory	0.89	0.87	0.13	0.85	0.96	0.7	0.89	0.08	0.81	-0.98	0.7	0.98	0.87	0.83	0.65	0.98	0.7	0.99	-0.44	0.83	0.97		0.77	0.97	0.88	0.89
Other Current Assets	0.89	0.84	-0.23	0.64	0.89	0.86	0.88	0.14	0.8	-0.79	0.82	0.78	0.89	0.95	0.93	0.77	0.42	0.72	-0.56	0.89	0.82	0.77		0.85	0.81	0.91
Other Stockholder Equity	0.88	0.87	-0.04	0.78	0.95	0.83	0.89	0.23	0.8	-0.97	0.7	0.99	0.86	0.87	0.76	0.98	0.56	0.96	-0.59	0.84	0.95	0.97	0.85		0.84	0.89
Total Liab	0.98	0.98	0.16	0.95	0.91	0.54	0.99	-0.01	0.95	-0.89	0.83	0.84	0.97	0.87	0.66	0.84	0.8	0.85	-0.36	0.96	0.93	0.88	0.81	0.84		0.97
Net Invested Capital	1.0	0.95	0.06	0.89	0.95	0.71	0.99	0.03	0.9	-0.91	0.86	0.86	0.99	0.95	0.78	0.86	0.73	0.86	-0.42	0.96	0.92	0.89	0.91	0.89	0.97

Click cells to compare fundamentals

High Tide Account Relationship Matchups

High Tide fundamental ratios Accounts

	2019	2020	2021	2022	2023	2024 (projected)
Total Assets	69.8M	246.2M	274.7M	233.4M	268.4M	141.7M
Short Long Term Debt Total	47.0M	55.4M	69.9M	72.5M	83.4M	42.4M
Other Current Liab	764K	9.8M	24.9M	16.2M	18.7M	11.6M
Total Current Liabilities	27.5M	40.8M	59.9M	58.1M	66.9M	34.6M
Total Stockholder Equity	10.2M	147.2M	156.4M	131.6M	151.3M	158.9M
Net Tangible Assets	(2.6M)	(7.9M)	4.9M	10.9M	12.5M	13.1M
Property Plant And Equipment Net	29.5M	52.7M	62.0M	57.8M	66.5M	34.3M
Net Debt	39.4M	41.4M	44.8M	42.4M	48.8M	28.7M
Retained Earnings	(34.4M)	(87.8M)	(168.1M)	(205.9M)	(185.3M)	(176.1M)
Accounts Payable	6.4M	18.5M	7.7M	8.4M	9.6M	7.4M
Cash	7.5M	14.0M	25.1M	30.1M	34.6M	36.4M
Non Current Assets Total	50.5M	199.9M	210.7M	164.8M	189.5M	104.2M
Non Currrent Assets Other	1.0M	4.4M	3.0M	3.3M	3.8M	2.4M
Other Assets	3.4M	3.0M	4.9M	3.2M	3.7M	3.5M
Cash And Short Term Investments	7.6M	14.9M	25.3M	30.3M	34.8M	36.5M
Net Receivables	2.9M	7.5M	8.2M	7.6M	8.7M	5.4M
Common Stock Shares Outstanding	15.3M	42.4M	62.8M	74.3M	85.5M	89.8M
Liabilities And Stockholders Equity	69.8M	246.2M	274.7M	233.4M	268.4M	141.7M
Non Current Liabilities Total	30.6M	53.4M	52.8M	41.6M	47.8M	31.3M
Capital Lease Obligations	16.7M	29.8M	33.8M	35.0M	40.3M	42.3M
Inventory	5.7M	17.0M	23.4M	26.0M	29.9M	31.4M
Other Current Assets	3.1M	6.9M	7.2M	4.8M	5.6M	4.7M
Other Stockholder Equity	12.5M	26.7M	39.3M	44.2M	50.8M	53.4M
Total Liab	58.1M	94.2M	112.7M	99.7M	114.7M	65.9M
Net Invested Capital	40.5M	172.9M	192.5M	169.0M	194.4M	97.9M
Short Long Term Debt	16.4M	6.5M	19.1M	25.0M	28.7M	30.2M
Total Current Assets	19.3M	46.3M	64.1M	68.6M	78.9M	82.9M
Accumulated Other Comprehensive Income	(487K)	(648K)	5.7M	5.3M	6.0M	6.3M
Net Working Capital	(8.2M)	5.5M	4.1M	10.5M	12.1M	12.7M
Short Term Debt	18.6M	12.3M	26.7M	32.2M	37.0M	38.9M
Common Stock	32.6M	208.9M	279.5M	288.0M	331.2M	347.8M
Property Plant Equipment	12.4M	29.5M	52.7M	62.0M	71.3M	74.9M
Capital Stock	32.6M	208.9M	279.5M	288.0M	331.2M	347.8M
Intangible Assets	12.0M	62.3M	62.1M	27.3M	31.4M	31.6M
Long Term Debt	13.9M	19.1M	17.0M	12.5M	11.3M	13.2M
Good Will	6.1M	79.9M	83.4M	76.2M	87.6M	54.9M

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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:

How To Invest In High

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Is High Stock a good investment?

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What is High Tide's Net Worth?

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Check out Risk vs Return Analysis to better understand how to build diversified portfolios, which includes a position in High Tide. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in estimate.

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 Commodity Channel module to use Commodity Channel Index to analyze current equity momentum.

Complementary Tools for High Stock analysis

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

(0.35)

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.

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High Short Long Term Debt vs Common Stock Analysis

Short Long Term Debt vs Common Stock

Short Long Term Debt vs Common Stock Correlation Analysis

Correlation Coefficient

Short Long Term Debt

Common Stock

High Tide fundamental ratios Correlations

High Tide Account Relationship Matchups

High Positive Relationship

High Negative Relationship

High Tide fundamental ratios Accounts

Building efficient market-beating portfolios requires time, education, and a lot of computing power!

Complementary Tools for High Stock analysis

COMMON DESTINATIONS

MAIN CATEGORIES

COMPANY

Non Current Assets Total	+ 1.0	Total Assets
Net Invested Capital	+ 1.0	Total Assets
Cash And Short Term Investments	+ 1.0	Cash
Property Plant And Equipment Net	+ 0.99	Total Assets
Property Plant And Equipment Net	+ 0.99	Short Long Term Debt Total
Total Liab	+ 0.99	Property Plant And Equipment Net

Inventory	- 0.98	Retained Earnings
Common Stock Shares Outstanding	- 0.98	Retained Earnings
Cash And Short Term Investments	- 0.98	Retained Earnings
Cash	- 0.98	Retained Earnings
Other Stockholder Equity	- 0.97	Retained Earnings
Capital Lease Obligations	- 0.95	Retained Earnings