Debt to Equity Ratio Analysis of High Tide Inc - Deep Dive
Birds's Eye
Fundamentals
Fundamentals
Technicals
MovingAverage
Candlestick
PivotPointLatest FY Debt to Equity
Period Ending - Oct-23
Very Good Debt to Equity
0.340
Period Ending - Oct-22
Excellent Debt to Equity
0.280
Growth
21.46 %
Most recent Quarter Debt to Equity
Period Ending - Jan-24
Excellent Debt to Equity
0.267
Debt to Equity Analysis of High Tide Inc
| Debt to Equity Ratio 0.340 of High Tide Inc indicates to run a business company uses lower amount of long-term debt. |
| Debt to Equity Ratio of HITI rose handsomely by 21.46 % this year. |
| Debt to Equity Ratio with value of 3.19 was highest in Year Oct-20 in last Five Years. |
| Debt to Equity Ratio with value of 0.213 was lowest in Year Oct-21 in last Five Years. |
| Latest Debt to Equity Ratio with value of 0.340 is lower than Average Debt to Equity of 1.31 in last five years. |
Other Debt to Equity Related Info of HITI that may interest you.
High Tide Inc Overview
| Code | Price | Previous Price | Price Change | Sector |
|---|---|---|---|---|
| HITI | 2.52 | 2.48 | 1.61 % | Pharmaceutical Retailers |
Defination of Debt to Equity Ratio
Debt to Equity Ratio shows the relationship between the company's total debt and total shareholders fund. And it indicates the ability of a company's shareholders' equity to pay its debt obligations in a tough time. more ..
Debt to Equity Related Ratios
| ShortTermDebtToEquityRatio | DividendCoverageRatio | CurrentRatio |
Tsr Stability Index
| Mild Stability | |
FY - Historical Debt to Equity Ratio of High Tide Inc
| Period | Oct-23 | Oct-22 | Oct-21 | Oct-20 | Oct-19 | Oct-18 | Oct-17 |
|---|---|---|---|---|---|---|---|
| Debt to Equity | 0.340 | 0.280 | 0.213 | 3.19 | 2.50 | 0.0018 | -0.067 |
| Change | 21.46 % | 31.23 % | -93.33 % | 27.58 % | 137989 % | 102.72 % |
FY Chart of Debt to Equity Ratio of High Tide Inc
Note : All Data Generated at the End of Trading Hours (EOD Data)