What is the Return on Assets (ROA) of High Tide this year?
The Return on Assets (ROA) of High Tide is -0.17 undefined this year.
High Tide ROA 2024
High Tide ROA
-0.17
Ticker
HITI.V
ISIN
CA42981E4013
WKN
A3CMT9
In 2024, High Tide's return on assets (ROA) was -0.17, a -35.51% increase from the -0.26 ROA in the previous year.
High Tide Aktienanalyse
What does High Tide do?
High Tide Inc. is a Canadian company specializing in the sale of cannabis, tobacco, vape, and CBD products. It was founded in 2009 and is headquartered in Calgary, Alberta, with branches across Canada and the USA. The company started as a small headshop in a garage in Calgary and quickly expanded to become one of the largest tobacco and accessories retailers in Canada. High Tide currently operates over 80 retail stores and also offers services such as marketing, financing, and distribution logistics for cannabis companies. The company focuses on customer orientation and offers a wide range of products tailored to their needs and desires. High Tide has developed its own brand called RGR, which offers exclusive cannabis-based products. The company's products are of high quality and customers can trust that they are purchasing legal products. Overall, High Tide has a successful track record in the industry and is a reliable partner with extensive experience. High Tide ist eines der beliebtesten Unternehmen auf Eulerpool.com.ROA Details
Understanding High Tide's Return on Assets (ROA)
High Tide's Return on Assets (ROA) is a key performance indicator that measures the company's profitability in relation to its total assets. It is calculated by dividing the net income by the total assets. A higher ROA indicates efficient asset utilization to generate profits, reflecting managerial effectiveness and financial health.
Year-to-Year Comparison
Comparing High Tide's ROA year-over-year provides insights into the company’s operational efficiency and asset utilization trends. An increasing ROA demonstrates enhanced asset efficiency and profitability, while a declining ROA can indicate operational or financial challenges.
Impact on Investments
Investors consider High Tide's ROA as a crucial metric to evaluate the company’s profitability and efficiency. A higher ROA signifies that the company is effectively utilizing its assets to generate profits, making it a potentially attractive investment.
Interpreting ROA Fluctuations
Variations in High Tide’s ROA can be attributed to changes in net income, asset purchases, or operational efficiencies. Analyzing these fluctuations assists in assessing the company's financial performance, management efficiency, and strategic financial positioning.
Frequently Asked Questions about High Tide Stock
What was the ROA of High Tide compared to the previous year?
The ROA of High Tide has increased by -35.51% compared to the previous year.
What consequences do high ROA have for investors of High Tide?
A high ROA is advantageous for investors of High Tide, as it indicates that the company efficiently utilizes its assets and generates good profits.
What are the consequences of low ROA for investors in High Tide?
A low ROA can be unfavorable for investors of High Tide as it indicates that the company is inefficiently utilizing its assets and may potentially achieve lower profits.
How does an increase in the ROA of High Tide affect the company?
An increase in ROA of High Tide can be an indicator of improved efficiency in asset utilization and higher profitability.
How does a reduction in ROA of High Tide impact the company?
A reduction in the ROA of High Tide can be an indicator of lower asset efficiency and profitability.
What are some factors that can influence the ROA of High Tide?
Some factors that can influence the ROA of High Tide include revenue, operating costs, asset structure, and industry average.
Why is the ROA of High Tide important for investors?
The ROA of High Tide is important for investors as it is an indicator of the company's profitability and efficiency in utilizing assets. It provides investors with information on how well the company utilizes its resources to generate profits.
What strategic measures can High Tide take to improve ROA?
To improve ROA, High Tide can take measures such as cost savings, revenue growth, optimizing asset structure, and diversifying its business activities. It is important for the company to conduct a thorough review of its financial situation to determine the best strategic measures to improve ROA.
How much dividend does High Tide pay?
Over the past 12 months, High Tide paid a dividend of . This corresponds to a dividend yield of about . For the coming 12 months, High Tide is expected to pay a dividend of 0 CAD.
What is the dividend yield of High Tide?
The current dividend yield of High Tide is .
When does High Tide pay dividends?
High Tide pays a quarterly dividend. This is distributed in the months of .
How secure is the dividend of High Tide?
High Tide paid dividends every year for the past 0 years.
What is the dividend of High Tide?
For the upcoming 12 months, dividends amounting to 0 CAD are expected. This corresponds to a dividend yield of 0 %.
In which sector is High Tide located?
High Tide is assigned to the 'Health' sector.
Wann musste ich die Aktien von High Tide kaufen, um die vorherige Dividende zu erhalten?
To receive the latest dividend of High Tide from 6/30/2024 amounting to 0 CAD, you needed to have the stock in your portfolio before the ex-date on 6/30/2024.
When did High Tide pay the last dividend?
The last dividend was paid out on 6/30/2024.
What was the dividend of High Tide in the year 2023?
In the year 2023, High Tide distributed 0 CAD as dividends.
In which currency does High Tide pay out the dividend?
The dividends of High Tide are distributed in CAD.
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Andere Kennzahlen von High Tide
Our stock analysis for High Tide Revenue stock includes important financial indicators such as revenue, profit, P/E ratio, P/S ratio, EBIT, as well as information on dividends. We also assess aspects such as stocks, market capitalization, debt, equity, and liabilities of High Tide Revenue. If you are looking for more detailed information on these topics, we offer comprehensive analyses on our subpages.