High Tide Inc. (HITI) quarterly balance sheet — complete assets, liabilities & equity history
| Metric | Q2'26 | Q1'26 | Q4'25 | Q3'25 | Q2'25 | Q1'25 | Q4'24 | Q3'24 | Q2'24 | Q1'24 | Q4'23 | Q3'23 | Q2'23 | Q1'23 | Q4'22 | Q3'22 | Q2'22 | Q1'22 | Q4'21 | Q3'21 |
|---|
| Total Current Assets | 131.36M | 134.57M | 136.88M | 103.6M | 74.03M | 73.73M | 85.79M | 75.67M | 72.38M | 65.28M | 68.64M | 67.28M | 61.84M | 63.99M | 64.06M | 64.14M | 57.64M | 49.45M | 46.29M | 55.22M |
| Cash & Short-Term Investments | 27.48M | 37.35M | 47.95M | 63.87M | 34.99M | 34.05M | 47.98M | 35.97M | 35.27M | 28.75M | 30.26M | 25.86M | 22.65M | 23.7M | 25.28M | 18.74M | 15.41M | 10.67M | 14.87M | 27.89M |
| Cash Only | 27.43M | 37.26M | 47.88M | 63.81M | 34.69M | 33.34M | 47.27M | 35.25M | 34.54M | 28.68M | 30.12M | 25.7M | 22.49M | 23.7M | 25.08M | 18.32M | 15M | 10.08M | 14.01M | 26.64M |
| Short-Term Investments | 58K | 89K | 64K | 64K | 303K | 712K | 712K | 712K | 725K | 63K | 141K | 164K | 164K | 0 | 195K | 419K | 415K | 589K | 860K | 1.25M |
| Accounts Receivable | 7.72M | 8.67M | 5.62M | 3.55M | 2.75M | 3.46M | 3.31M | 2.64M | 3.94M | 4.48M | 7.57M | 9.55M | 9.72M | 10.33M | 7.92M | 14.11M | 9.85M | 8.87M | 6.49M | 7.12M |
| Days Sales Outstanding | 4.07 | 3.68 | 2.57 | 1.94 | 2.01 | 2.19 | 1.98 | 2.3 | 3.05 | 4.33 | 6.2 | 7.13 | 7.55 | 7.11 | 9.36 | 11.56 | 10.28 | 9.79 | 11.63 | 11.15 |
| Inventory | 71.7M | 66.66M | 67.41M | 31.26M | 28.23M | 30.4M | 29.34M | 29.07M | 28.11M | 25.44M | 25.97M | 26.62M | 27.2M | 24.87M | 23.41M | 23.54M | 22.78M | 21.56M | 17.04M | 15.05M |
| Days Inventory Outstanding | 47.03 | 37.68 | 37.35 | 24.97 | 25.49 | 25.68 | 26.2 | 27.33 | 27.09 | 25.69 | 25.71 | 27.58 | 26.76 | 25.86 | 27.43 | 30.61 | 33.82 | 36.06 | 40.63 | 39.42 |
| Other Current Assets | 9.1M | 9.11M | 0 | 0 | 0 | 0 | 0 | 0 | 161K | 0 | 0 | 162K | 0 | 407K | 284K | 0 | 1.12M | 0 | 958K | 0 |
| Total Non-Current Assets | 216.51M | 211.86M | 212.18M | 156.79M | 157.94M | 161.93M | 160.42M | 162.79M | 162.08M | 162.03M | 164.76M | 197.88M | 206.25M | 209.84M | 210.68M | 245.52M | 244.4M | 241.12M | 199.93M | 178.96M |
| Property, Plant & Equipment | 85.34M | 79.72M | 77.23M | 64.1M | 64.06M | 65.83M | 64M | 63.14M | 61.73M | 60.48M | 57.78M | 55.25M | 57.95M | 59.74M | 62M | 59.9M | 60.24M | 60.24M | 52.74M | 48.59M |
| Fixed Asset Turnover | 2.17x | 2.28x | 2.32x | 2.34x | 2.12x | 2.19x | 2.18x | 2.11x | 2.03x | 2.17x | 2.25x | 2.20x | 2.01x | 1.94x | 1.78x | 1.59x | 1.35x | 1.28x | 1.06x | 1.00x |
| Goodwill | 89.72M | 90.06M | 90.12M | 73.31M | 73.29M | 73.79M | 73.37M | 76.33M | 76.94M | 75.77M | 76.2M | 86.3M | 87.09M | 86.33M | 83.42M | 115.87M | 111.64M | 105.26M | 79.95M | 57.02M |
| Intangible Assets | 34.78M | 37.3M | 39.43M | 16.15M | 17.27M | 18.67M | 19.44M | 21M | 21.21M | 23.67M | 27.28M | 53.03M | 57.48M | 59.95M | 62.07M | 66.2M | 66.75M | 70.21M | 62.33M | 69M |
| Long-Term Investments | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 179K | 179K | 179K | 179K | 203K | 203K | 430K | 469K | 506K | 875K |
| Other Non-Current Assets | 6.67M | 4.78M | 5.4M | 3.23M | 3.33M | 3.63M | 3.61M | 2.31M | 2.21M | 2.1M | -23.98M | 3.12M | 3.55M | 3.65M | 2.99M | 3.35M | 5.34M | 4.94M | 4.4M | 3.23M |
| Total Assets | 347.87M | 346.42M | 349.06M | 260.39M | 231.98M | 235.66M | 246.21M | 238.46M | 234.46M | 227.31M | 233.4M | 265.16M | 268.09M | 273.83M | 274.74M | 309.66M | 302.04M | 290.57M | 246.22M | 234.18M |
| Asset Turnover | 0.52x | 0.51x | 0.54x | 0.61x | 0.59x | 0.59x | 0.57x | 0.56x | 0.54x | 0.56x | 0.51x | 0.47x | 0.44x | 0.43x | 0.37x | 0.31x | 0.27x | 0.27x | 0.22x | 0.22x |
| Asset Growth % | 49.96% | 47% | 41.78% | 9.2% | -1.06% | 3.68% | 5.49% | -10.07% | -12.54% | -16.99% | -15.05% | -14.37% | -11.24% | -5.76% | 11.59% | 32.23% | 50.97% | 74.44% | 252.69% | 208.65% |
| Total Current Liabilities | 89.91M | 93.83M | 99.92M | 56.06M | 47.19M | 45.83M | 61.48M | 60.09M | 61.82M | 57.79M | 58.14M | 58.19M | 56.39M | 61.01M | 59.94M | 52.21M | 50.63M | 44.84M | 40.79M | 34.1M |
| Accounts Payable | 36.14M | 30.14M | 27.77M | 6.24M | 8.1M | 6.54M | 8.05M | 8.48M | 8.41M | 6.18M | 8.35M | 5.5M | 21.93M | 28.77M | 7.67M | 22.81M | 25.75M | 22.16M | 8.74M | 13.11M |
| Days Payables Outstanding | 22.53 | 16.27 | 12.88 | 6.02 | 6.36 | 6.27 | 7.42 | 8.08 | 7.38 | 7.26 | 6.77 | 14.06 | 26.06 | 19.51 | 17.81 | 32.1 | 36.55 | 28.87 | 27.66 | 37.34 |
| Short-Term Debt | 8.31M | 16.71M | 17.73M | 10.09M | 11.33M | 12.72M | 26.86M | 27.97M | 29.68M | 28.87M | 24.98M | 25.85M | 24.01M | 20.11M | 19.09M | 11.23M | 9.25M | 6.55M | 6.55M | 4.88M |
| Deferred Revenue (Current) | 3.26M | 4.96M | 7.99M | 5.93M | 2.55M | 1.84M | 1.99M | 0 | 0 | 1.63M | 1.36M | 0 | 724K | 23K | 641K | 0 | 0 | 0 | 0 | 0 |
| Other Current Liabilities | 5.76M | 5.81M | 9.95M | 14.49M | 0 | 0 | 10.11M | 4.63M | 4.6M | 4.85M | 5.31M | 6.38M | -2.58M | -156K | 9.55M | 10.76M | 8.21M | 9.17M | 11.98M | 10.38M |
| Current Ratio | 1.46x | 1.43x | 1.37x | 1.85x | 1.57x | 1.61x | 1.40x | 1.26x | 1.17x | 1.13x | 1.18x | 1.16x | 1.10x | 1.05x | 1.07x | 1.23x | 1.14x | 1.10x | 1.13x | 1.62x |
| Quick Ratio | 0.66x | 0.72x | 0.70x | 1.29x | 0.97x | 0.95x | 0.92x | 0.78x | 0.72x | 0.69x | 0.73x | 0.70x | 0.61x | 0.64x | 0.68x | 0.78x | 0.69x | 0.62x | 0.72x | 1.18x |
| Cash Conversion Cycle | 28.57 | 25.08 | 27.05 | 20.88 | 21.13 | 21.59 | 20.76 | 21.56 | 22.76 | 22.75 | 25.13 | 20.65 | 8.25 | 13.45 | 18.98 | 10.07 | 7.55 | 16.98 | 24.6 | 13.24 |
| Total Non-Current Liabilities | 156.04M | 150.6M | 146.36M | 60.84M | 42.88M | 44.73M | 39.22M | 30.73M | 30.43M | 29.43M | 41.6M | 44.69M | 47.33M | 49.09M | 52.77M | 54.95M | 62.66M | 63.42M | 53.42M | 53.27M |
| Long-Term Debt | 82.5M | 82.21M | 81.39M | 30.3M | 12.28M | 12.12M | 7.54M | 55K | 361K | 77K | 12.51M | 12.38M | 14.46M | 15.83M | 17.03M | 19.07M | 19.14M | 18.73M | 19.11M | 21.04M |
| Capital Lease Obligations | 47.77M | 42.99M | 39.99M | 30.25M | 30.31M | 32.33M | 31.39M | 30.16M | 29.79M | 28.59M | 27.82M | 24.87M | 25.17M | 25.4M | 26.14M | 25.48M | 25.02M | 25.92M | 24.04M | 21.09M |
| Deferred Tax Liabilities | 7.01M | 7.09M | 7.1M | 290K | 292K | 285K | 284K | 519K | 279K | 761K | 1.27M | 5.64M | 7.7M | 7.86M | 9.6M | 10.39M | 9.86M | 10.36M | 8.58M | 11.14M |
| Other Non-Current Liabilities | 18.76M | 18.32M | 17.88M | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 7.44M | 7.7M | 7.86M | 0 | 10.39M | 8.63M | 8.4M | 1.69M | 11.14M |
| Total Liabilities | 245.96M | 244.43M | 246.28M | 116.9M | 90.07M | 90.56M | 100.7M | 90.82M | 92.25M | 87.21M | 99.73M | 102.87M | 103.71M | 110.1M | 112.71M | 107.16M | 113.29M | 108.26M | 94.21M | 87.37M |
| Total Debt | 148.48M | 151.82M | 148.92M | 80.38M | 63.42M | 66.55M | 74.61M | 66.43M | 67.63M | 65.31M | 72.53M | 69.63M | 70.29M | 68.4M | 69.88M | 63.19M | 60.84M | 58.16M | 55.43M | 52.75M |
| Net Debt | 121.06M | 114.56M | 101.03M | 16.57M | 28.73M | 33.21M | 27.35M | 31.17M | 33.09M | 36.63M | 42.41M | 43.93M | 47.8M | 44.71M | 44.8M | 44.87M | 45.84M | 48.09M | 41.41M | 26.11M |
| Debt / Equity | 1.46x | 1.49x | 1.45x | 0.56x | 0.45x | 0.46x | 0.51x | 0.45x | 0.48x | 0.47x | 0.54x | 0.43x | 0.43x | 0.42x | 0.43x | 0.31x | 0.32x | 0.32x | 0.36x | 0.36x |
| Debt / EBITDA | 10.42x | 12.47x | - | 8.19x | 9.31x | 11.25x | 29.48x | 7.61x | 7.12x | 6.78x | - | 8.89x | 13.90x | 16.83x | - | 25.15x | 1241.65x | 60.34x | - | 51.11x |
| Net Debt / EBITDA | 8.50x | 9.41x | - | 1.69x | 4.22x | 5.61x | 10.80x | 3.57x | 3.49x | 3.80x | - | 5.61x | 9.45x | 11.00x | - | 17.86x | 935.55x | 49.88x | - | 25.30x |
| Interest Coverage | 1.06x | 0.94x | -14.76x | 1.71x | 0.15x | 0.23x | -0.26x | 1.48x | 0.75x | 0.92x | -12.55x | -0.04x | -0.24x | -0.71x | -20.02x | 0.10x | -2.78x | -2.47x | -1.86x | -0.01x |
| Total Equity | 101.91M | 101.99M | 102.79M | 143.49M | 141.91M | 145.1M | 145.51M | 147.64M | 142.21M | 140.09M | 133.67M | 162.29M | 164.38M | 163.74M | 162.03M | 202.5M | 188.75M | 182.31M | 152M | 146.81M |
| Equity Growth % | -28.19% | -29.71% | -29.36% | -2.81% | -0.21% | 3.57% | 8.86% | -9.02% | -13.49% | -14.44% | -17.51% | -19.86% | -12.91% | -10.19% | 6.6% | 37.93% | 77.16% | 238.88% | 1196.63% | 975.46% |
| Book Value per Share | 1.16 | 1.16 | 1.17 | 1.62 | 1.75 | 1.82 | 1.83 | 1.82 | 1.80 | 1.79 | 1.78 | 2.16 | 2.20 | 2.26 | 2.28 | 3.23 | 3.14 | 3.18 | 2.65 | 3.04 |
| Total Shareholders' Equity | 88.66M | 88.37M | 87.61M | 141.4M | 140.06M | 142.74M | 143.27M | 145.09M | 139.76M | 137.65M | 131.56M | 159.16M | 158.94M | 158.56M | 156.35M | 195.56M | 181.99M | 174.88M | 147.21M | 143.32M |
| Common Stock | 331.11M | 331.05M | 329.64M | 302.97M | 301.36M | 301.05M | 300.64M | 299.48M | 296.3M | 294.58M | 288.03M | 287.48M | 286.75M | 286.55M | 279.51M | 272.81M | 265.06M | 249.44M | 208.9M | 188.18M |
| Retained Earnings | -259.1M | -258.9M | -260.11M | -214.47M | -215.06M | -212.17M | -209.36M | -204.67M | -206.1M | -205.71M | -205.93M | -176.62M | -173.44M | -171.65M | -168.09M | -115.41M | -112.39M | -103.95M | -87.79M | -69.78M |
| Treasury Stock | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Accumulated OCI | 6.54M | 6.95M | 7.3M | 11.39M | 6.68M | 7.73M | 6.85M | 10.49M | 13M | 17.45M | 5.26M | 17.26M | 17.27M | 19.17M | 5.67M | 17.12M | 9.97M | 12.17M | -648K | 12.55M |
| Minority Interest | 13.26M | 13.62M | 15.18M | 2.09M | 1.85M | 2.36M | 2.24M | 2.55M | 2.44M | 2.44M | 2.11M | 3.13M | 5.43M | 5.18M | 5.68M | 6.94M | 6.75M | 7.43M | 4.79M | 3.49M |