Market cap is the total market value to buy the whole company. It is equal to the share price times the number of Shares Outstanding (EOP). High Tide's share price for the quarter that ended in Jan. 2025 was C$3.93. High Tide's Shares Outstanding (EOP) for the quarter that ended in Jan. 2025 was 80.9 Mil. Therefore, High Tide's market cap for the quarter that ended in Jan. 2025 was C$318.0 Mil.
High Tide's quarterly market cap
increased
from Jul. 2024 (C$206.7 Mil) to Oct. 2024 (C$315.9 Mil) and
increased
from Oct. 2024 (C$315.9 Mil) to Jan. 2025 (C$318.0 Mil).
High Tide's annual market cap
increased
from Oct. 2022 (C$140.6 Mil) to Oct. 2023 (C$149.8 Mil) and
increased
from Oct. 2023 (C$149.8 Mil) to Oct. 2024 (C$315.9 Mil).
Enterprise Value is the theoretical takeover price. It is more comprehensive than market capitalization (market cap), which only includes common equity. Enterprise Value is calculated as the market cap plus debt and minority interest and preferred shares, minus total cash and cash equivalents. High Tide's Enterprise Value for Today is C$234.8 Mil.
High Tide Market Cap Historical Data
The historical data trend for High Tide's Market Cap 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.
For the Pharmaceutical Retailers subindustry, High Tide's Market Cap, along with its competitors' market caps and Market Cap 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's Market Cap Distribution in the Healthcare Providers & Services Industry
For the Healthcare Providers & Services industry and Healthcare sector, High Tide's Market Cap distribution charts can be found below:
* The bar in red indicates where High Tide's Market Cap falls into.
Market cap is the short version of market capitalization. It is the total market value to buy the whole company. It is equal to the share price times the number of shares outstanding.
High Tide's Market Cap for the fiscal year that ended in Oct. 2024 is calculated as
* 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.
High Tide (TSXV:HITI) Market Cap Explanation
Market cap is not the real price you pay for a company. If you buy the company and become its owner, you become the owner of the cash the company has, and you also assume the companys debt. The real price you pay is the Enterprise Value.
Warren Buffett uses the ratio of total market cap of all public traded companies over GDP to measure if the market is expensive. As of April 2012, the US total market cap is about $14.7 trillion, while the US GDP is about $15 trillion. The market was modestly overvalued.
High Tide Market Cap Related Terms
Thank you for viewing the detailed overview of High Tide's Market Cap provided by GuruFocus.com. Please click on the following links to see related term pages.
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, Famous Brandz, 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.
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