High Tide Inc (HITI.V)
2.97
+0.01
(+0.34%)
CAD |
TSXV |
May 03, 15:57
High Tide Debt to Equity Ratio: 0.2103 for Jan. 31, 2024
Debt to Equity Ratio Chart
Historical Debt to Equity Ratio Data
| Date | Value |
|---|---|
| January 31, 2024 | 0.2103 |
| April 30, 2023 | 0.242 |
| January 31, 2023 | 0.2267 |
| October 31, 2022 | 0.231 |
| July 31, 2022 | 0.1549 |
| April 30, 2022 | 0.156 |
| January 31, 2022 | 0.1446 |
| October 31, 2021 | 0.1743 |
| July 31, 2021 | 0.1809 |
| April 30, 2021 | 0.2835 |
| Date | Value |
|---|---|
| January 31, 2021 | 1.118 |
| October 31, 2020 | 2.984 |
| July 31, 2020 | 2.158 |
| April 30, 2020 | 3.925 |
| January 31, 2020 | 2.777 |
| October 31, 2019 | 2.503 |
| July 31, 2019 | 0.9752 |
| April 30, 2019 | 0.757 |
| January 31, 2019 | 0.4094 |
| October 31, 2018 | 0.0015 |
Debt to Equity Ratio Definition
The debt to equity ratio measures the (Long Term Debt + Current Portion of Long Term Debt) / Total Shareholders' Equity. This metric is useful when analyzing the health of a company's balance sheet.
Debt to Equity Ratio Range, Past 5 Years
0.1446
Minimum
Jan 2022
3.925
Maximum
Apr 2020
1.085
Average
0.242
Median
Apr 2023
Debt to Equity Ratio Benchmarks
| Relevium Technologies Inc | -- |
| Gaby Inc | -1.088 |
| PeakBirch Commerce Inc | -- |
| Nova Cannabis Inc | 0.295 |
| Neighbourly Pharmacy Inc (DELISTED) | 0.4485 |
Debt to Equity Ratio Related Metrics
| Total Assets (Quarterly) | 227.31M |
| Total Liabilities (Quarterly) | 87.21M |
| Shareholders Equity (Quarterly) | 137.65M |
| Current Ratio | 1.130 |
| Net Debt Paydown Yield | -0.06% |