High Tide (TSXV:HITI) Interest Coverage: 1.61 (As of Apr. 2026) — 36% Above Median

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TSXV:HITI High Tide Inc TSXV:HITI
75 GF Score
Price C$2.97
GF Value C$3.71
Valuation Modestly Undervalued
! 5 Warning Signs
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What is High Tide Interest Coverage?

High Tide TSXV:HITI -0.67% 75 Interest Coverage is 1.61 as of Apr. 2026, which is 36% above its 10-year median of 1.18. GuruFocus rates TSXV:HITI with a GF Score™ of 75/100 and a GF Value™ of C$3.71 (Modestly Undervalued). The stock has 5 warning signs investors should review. Among 450 Healthcare Providers & Services companies, High Tide ranks worse than 90.44% on this metric.

Interest Coverage is a ratio that determines how easily a company can pay interest expenses on outstanding debt. It is calculated by dividing a company's Operating Income by its Interest Expense. High Tide's Operating Income for the three months ended in Apr. 2026 was C$8.1 Mil. High Tide's Interest Expense for the three months ended in Apr. 2026 was C$-5.0 Mil. High Tide's interest coverage for the quarter that ended in Apr. 2026 was 1.61. The higher the ratio, the stronger the company's financial strength is.

The historical rank and industry rank for High Tide's Interest Coverage or its related term are showing as below:

TSXV:HITI' s Interest Coverage Range Over the Past 10 Years
Min: 0.17   Med: 1.18   Max: 7.9
Current: 1.44


TSXV:HITI's Interest Coverage is ranked worse than
90.44% of 450 companies
in the Healthcare Providers & Services industry
Industry Median: 7.885 vs TSXV:HITI: 1.44

Note: If both Interest Expense and Interest Income are empty, while Net Interest Income is negative, then use Net Interest Income as Interest Expense.


High Tide  (TSXV:HITI) Interest Coverage Explanation

Ben Graham requires that a company has a minimum interest coverage of 5 with the companies he invested. If the interest coverage is less than 2, the company is burdened by debt. Any business slow or recession may drag the company into a situation where it cannot pay the interest on its debt.

Interest Coverage is an important factor when GuruFocus ranks a company's overage Financial Strength .


High Tide Interest Coverage Related Terms


High Tide Interest Coverage Historical Data

* Premium members only.

The historical data trend for High Tide's Interest Coverage can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

Note: For Interest Coverage, "No debt" indicates no long-term debt. An indication of "No Debt" does not necessarily mean that the company has no long-term debt obligations; it could be due to missing data in the quarterly or annual report. Use caution when interpreting this information.

High Tide Interest Coverage Chart

High Tide Annual Data
Trend Oct17 Oct18 Oct19 Oct20 Oct21 Oct22 Oct23 Oct24 Oct25
Interest Coverage
Get a 7-Day Free Trial Premium Member Only 0.00 0.00 0.00 1.20 1.15

High Tide Quarterly Data
Jul21 Oct21 Jan22 Apr22 Jul22 Oct22 Jan23 Apr23 Jul23 Oct23 Jan24 Apr24 Jul24 Oct24 Jan25 Apr25 Jul25 Oct25 Jan26 Apr26
Interest Coverage Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 0.74 1.61 1.90 0.84 1.61

High Tide Interest Coverage Competitor Comparison

For the Pharmaceutical Retailers subindustry, High Tide's Interest Coverage, along with its competitors' market caps and Interest Coverage data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


High Tide Interest Coverage vs Healthcare Providers & Services Industry

For the Healthcare Providers & Services industry and Healthcare sector, High Tide's Interest Coverage distribution charts can be found below:

* The bar in red indicates where High Tide's Interest Coverage falls into.


TSXV:HITI
75GF Score
High Tide Inc TSXV:HITI
Interest Coverage is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

High Tide Interest Coverage Calculation

Interest Coverage is a ratio that determines how easily a company can pay interest expenses on outstanding debt. It is calculated by dividing a company's Operating Income (EBIT) by its Interest Expense:

If Interest Expense is negative and Operating Income is positive, then

Interest Coverage=-1* Operating Income /Interest Expense

Else if Interest Expense is negative and Operating Income is negative, then

The company did not have earnings to cover the interest expense.

Else if Interest Expense is 0 and Long-Term Debt & Capital Lease Obligation is 0, then

The company had no debt (1).


Note: If both Interest Expense and Interest Income are empty, while Net Interest Income is negative, then use Net Interest Income as Interest Expense.

High Tide's Interest Coverage for the fiscal year that ended in Oct. 2025 is calculated as

Here, for the fiscal year that ended in Oct. 2025, High Tide's Interest Expense was C$-13.4 Mil. Its Operating Income was C$15.4 Mil. And its Long-Term Debt & Capital Lease Obligation was C$121.4 Mil.

Interest Coverage=-1* Operating Income (A: Oct. 2025 )/Interest Expense (A: Oct. 2025 )
=-1*15.437/-13.38
=1.15

High Tide's Interest Coverage for the quarter that ended in Apr. 2026 is calculated as

Here, for the three months ended in Apr. 2026, High Tide's Interest Expense was C$-5.0 Mil. Its Operating Income was C$8.1 Mil. And its Long-Term Debt & Capital Lease Obligation was C$130.3 Mil.

Interest Coverage=-1* Operating Income (Q: Apr. 2026 )/Interest Expense (Q: Apr. 2026 )
=-1*8.099/-5.031
=1.61

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

The higher the ratio, the stronger the company's Financial Strength is.

Frequently Asked Questions Learn more about Interest Coverage →
What does a Interest Coverage of 1.61 mean?
High Tide (TSXV:HITI) has a Interest Coverage of 1.61 as of Apr. 2026. Interest Coverage measures a company's capability to pay interest expenses on its debt. View historical data on High Tide and its competitors. This is 36% above median its historical median of 1.18. Over the past decade, High Tide's Interest Coverage has ranged from 0.17 to 7.90. According to the industry distribution chart, High Tide ranks #407 out of 450 companies in the Healthcare Providers & Services industry, placing it in the top 90.4%.
Is High Tide's Interest Coverage too high?
High Tide's current Interest Coverage of 1.61 is 36% above median its 10-year median of 1.18. Over the past 10 years, this metric has ranged from a low of 0.17 to a high of 7.90. The Healthcare Providers & Services industry median Interest Coverage is 7.89. High Tide's value of 1.61 is 79.6% below this industry median. Based on the distribution chart, High Tide ranks #407 out of 450 companies in the Healthcare Providers & Services industry, which is in the bottom quartile relative to peers. Overall, High Tide has a GF Score™ of 75/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does High Tide's Interest Coverage compare to competitors?
According to the Healthcare Providers & Services industry distribution chart, High Tide ranks #407 out of 450 companies for Interest Coverage. This places High Tide in the lower half of its industry. The industry median Interest Coverage is 7.89. High Tide's value of 1.61 is 79.6% below this benchmark. Historically, High Tide's own Interest Coverage has ranged from 0.17 to 7.90 over the past decade. While the company's 10-year median is 1.18 vs. the industry median of 7.89, High Tide has consistently been below the industry average. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Interest Coverage for a Healthcare Providers & Services company?
The median Interest Coverage among Healthcare Providers & Services companies is 7.89, based on 450 companies in the industry. Companies in the top quartile (top 25%) have a Interest Coverage significantly above this median, while those in the bottom quartile fall well below. However, Interest Coverage should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. High Tide's current Interest Coverage of 1.61 is 79.6% below the industry median. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Interest Coverage mean?
A high Interest Coverage can signal that a stock is expensive relative to its fundamentals. Interest Coverage measures a company's capability to pay interest expenses on its debt. View historical data on High Tide and its competitors. For the Healthcare Providers & Services industry, the median Interest Coverage is 7.89 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. High Tide's current Interest Coverage is 1.61, which is 36% above median its own 10-year median of 1.18. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is High Tide stock overvalued right now?
Based on GuruFocus' analysis, High Tide (TSXV:HITI) is currently considered Modestly Undervalued. The stock's GF Value™ is C$3.71, compared to a current price of C$2.97 — trading 19.9% below its estimated fair value. The current Interest Coverage is 1.61, which is 36% above median its 10-year median of 1.18 and 79.6% below the Healthcare Providers & Services industry median of 7.89. High Tide's overall GF Score™ is 75/100 with 5 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Interest Coverage calculated?
Interest Coverage is calculated from a company's financial statements. For High Tide (TSXV:HITI), the current Interest Coverage is 1.61 as of Apr. 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Is High Tide (TSXV:HITI) Overvalued in 2026?

Based on GuruFocus' analysis, High Tide stock appears to be undervalued. The current stock price of C$2.97 is trading 19.9% below its estimated GF Value™ of C$3.71. GuruFocus considers High Tide to be Modestly Undervalued.

Key valuation signals for TSXV:HITI:

  • Interest Coverage: 1.61 (36% above median its 10-year median of 1.18)
  • GF Value™: C$3.71 vs. price of C$2.97 (19.9% below fair value)
  • GF Score™: 75/100 with 5 warning signs
  • Industry Position: 79.6% below the Healthcare Providers & Services median (#407 of 450)

No single metric tells the full story. See the TSXV:HITI stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


High Tide Business Description

Other Exchanges HITI:USA2LYA:Germany
Address 11127 - 15 Street NE, Unit 112, Calgary, AB, CAN, T3K 2M4
High Tide Inc is a downstream-focused retailer of cannabis products, distributor, and seller of smoking accessories and cannabis lifestyle products. It is a vertically integrated company in the Canadian cannabis market with various brands in its portfolio such as Canna Cabana, Fastendr, Queen of Bud, Grasscity, Daily High Club, and others. The company's reportable operating segments are: Bricks and mortar, which generates maximum revenue, and E-commerce. Geographically, it derives maximum revenue from its business in Canada, followed by the United States of America, and other international markets.
75GF Score

Get the complete analysis for TSXV:HITI

Interest Coverage is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

C$2.97
Price
C$3.71
GF Value