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HITI (High Tide) Tax Rate % : -1.41% (As of Jan. 2025)


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What is High Tide Tax Rate %?

Tax Rate % is calculated as Tax Expense divided by its Pre-Tax Income. High Tide's Tax Expense for the three months ended in Jan. 2025 was $0.0 Mil. High Tide's Pre-Tax Income for the three months ended in Jan. 2025 was $-1.8 Mil. Therefore, High Tide's Tax Rate % for the quarter that ended in Jan. 2025 was -1.41%.

High Tide Tax Rate % Historical Data

The historical data trend for High Tide's Tax Rate % 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.

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High Tide Tax Rate % Chart

High Tide Annual Data
Trend Oct17 Oct18 Oct19 Oct20 Oct21 Oct22 Oct23 Oct24
Tax Rate %
Get a 7-Day Free Trial -3.73 2.04 3.95 15.73 13.46

High Tide Quarterly Data
Apr20 Jul20 Oct20 Jan21 Apr21 Jul21 Oct21 Jan22 Apr22 Jul22 Oct22 Jan23 Apr23 Jul23 Oct23 Jan24 Apr24 Jul24 Oct24 Jan25
Tax Rate % 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 98.31 124.18 44.82 3.08 -1.41

High Tide Tax Rate % Calculation

Tax Rate % is the ratio of tax expense divided by pretax income, usually presented in percent.

High Tide's Tax Rate % for the fiscal year that ended in Oct. 2024 is calculated as

Tax Rate %=Tax Expense (A: Oct. 2024 )/Pre-Tax Income (A: Oct. 2024 )
=-0.431/-3.201
=13.46 %

High Tide's Tax Rate % for the quarter that ended in Jan. 2025 is calculated as

Tax Rate %=Tax Expense (Q: Jan. 2025 )/Pre-Tax Income (Q: Jan. 2025 )
=0.026/-1.842
=-1.41 %

* 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 Tax Rate % Related Terms

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High Tide Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Healthcare » Healthcare Providers & Services » High Tide Inc (NAS:HITI) » Definitions » Tax Rate %
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Traded in Other Exchanges
2LYA:Germany HITI:Canada
Address
11127 - 15 Street NE, Unit 112, Calgary, AB, CAN, T3K 2M4
Website
https://www.hightideinc.com
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.