High Tide (FRA:2LYA) Total Current Assets : €49.5 Mil (As of Jan. 2025)

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What is High Tide Total Current Assets?

Total current assets includes Cash, Cash Equivalents, Marketable Securities, Total Receivables, Total Inventories, and Other Current Assets. High Tide's total current assets for the quarter that ended in Jan. 2025 was €49.5 Mil.

High Tide Total Current Assets Historical Data

The historical data trend for High Tide's Total Current Assets 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 Total Current Assets Chart

High Tide Annual Data

Trend

Oct17

Oct18

Oct19

Oct20

Oct21

Oct22

Oct23

Oct24

Total Current Assets

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12.40

32.09

47.50

47.41

57.25

High Tide Quarterly Data
	Apr20	Jul20	Oct20	Jan21	Apr21	Jul21	Oct21	Jan22	Apr22	Jul22	Oct22	Jan23	Apr23	Jul23	Oct23	Jan24	Apr24	Jul24	Oct24	Jan25
Total Current Assets	Get a 7-Day Free Trial															44.65	49.33	50.88	57.25	49.50

High Tide Total Current Assets Calculation

Total Current Assets are the asset that can be converted to cash or used to pay current liabilities within 12 months.

High Tide's Total Current Assets for the fiscal year that ended in Oct. 2024 is calculated as

Total Current Assets	=	Cash, Cash Equivalents, Marketable Securities	+	Total Receivables	+	Total Inventories	+	Other Current Assets
	=	32.016	+	2.207	+	19.577	+	3.447
	=	57.2

High Tide's Total Current Assets for the quarter that ended in Jan. 2025 is calculated as

Total Current Assets	=	Cash, Cash Equivalents, Marketable Securities	+	Total Receivables	+	Total Inventories	+	Other Current Assets
	=	22.861	+	2.325	+	20.407	+	3.907
	=	49.5

Total Current Assets is linked to the Current Ratio, which is the result of dividing total current assets by total current liabilities. It is frequently used as an indicator of a company's liquidity, its ability to meet short-term obligations.

Total Current Assets is also linked to Working Capital, Net working capital is calculated as Total Current Assets minus Total Current Liabilities.

High Tide (FRA:2LYA) Total Current Assets Explanation

In Ben Graham's calculation of liquidation value, inventory is only considered worth half of its book value, and accounts receivable is considered worth 75% of its value. Therefore the liquidation value is lower than calculated from total current assets.

High Tide's Liquidation Value for the quarter that ended in Jan. 2025 is

	Liquidation value
=	Cash, Cash Equivalents, Marketable Securities	-	Total Liabilities	+	(0.75 * Accounts Receivable)	+	(0.5 * Total Inventories)
=	22.861	-	60.799	+	0.75 * 2.325	+	0.5 * 20.407
=	-26.0

High Tide Total Current Assets Related Terms

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High Tide Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Healthcare » Healthcare Providers & Services » High Tide Inc (FRA:2LYA) » Definitions » Total Current Assets

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HITI:USA 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.

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