Return On Asset ratio Analysis of High Tide Inc - Deep Dive
WARN : Please note that some of the values may not be in base currency

Latest FY ROA
Period Ending - Oct-23

-16.84


Very Poor ROA
Period Ending - Oct-22
-25.79

Very Poor ROA
Growth
34.69 %
Trailing Twelve Months ROA
Period Ending - Oct-23

-14.02


Very Poor ROA
Most recent Quarter ROA
Period Ending - Jan-24

-0.150


Very Poor ROA
ROA Analysis of High Tide Inc
ROA Ratio of High Tide Inc with value of -14.02 means poor return on Assets in trailing twelve months.
ROA Ratio of High Tide Inc with value of -0.150 means poor return on Assets in latest Quarter ending on Jan-24.
ROA Ratio of HITI rose handsomely by 34.69 % this year.
ROA Ratio with value of -9.10 was highest in Year Oct-20 in last Five Years.
ROA Ratio with value of -64.53 was lowest in Year Oct-19 in last Five Years.
Latest ROA Ratio with value of -16.84 is Greater than Average ROA of -26.10 in last five years.
ROA of High Tide Inc is negative because of negative Income in last Financial Year , last Quarter and also in last twelve Months.
Other ROA Related Info of HITI that may interest you.
High Tide Inc Overview
CodePricePrevious PricePrice ChangeSector
HITI2.522.48 1.61 % Pharmaceutical Retailers
Fundamental AnalysisTechnical Analysis
Defination of Return On Asset
The return on assets (ROA) is a commonly used profitability ratio that shows how effectively a company uses its assets to generate profit.   more ..
Return On Asset Formula

ROA Related Ratios
ReturnOnEquityAssetTurnoverRatio

Tsr Profitability Index
Poor Profitability Stock
FY - Historical Return On Asset of High Tide Inc
PeriodOct-23Oct-22Oct-21Oct-20Oct-19Oct-18Oct-17
ROA-16.84-25.79-14.23-9.10-64.53-17.492.67
Change34.69 %-81.21 %-56.35 %85.90 %-269.07 %-755.76 %
FY Chart of Return On Asset of High Tide Inc


Note : All Data Generated at the End of Trading Hours (EOD Data)