High Tide (HITI) Asset Utilization Ratio (2022 - 2026)
High Tide (HITI) reported Asset Utilization Ratio of 1.81 for Q1 2026, down 19.42% year-over-year from 2.24 in Q1 2025, and down 6.16% quarter-over-quarter from 1.92 in Q4 2025.
High Tide (HITI) Asset Utilization Ratio (2022 - 2026) Analysis & Trends
High Tide (HITI) has 5 years of Asset Utilization Ratio data on file, last reported at 1.81 in Q1 2026.
- Asset Utilization Ratio for Q1 2026 came in at 1.81, down 19.42% year-over-year; the trailing twelve-month figure through Jan 2026 was 1.81 (down 19.42% YoY), and the FY2025 annual result was 1.98, down 8.65% from the prior year.
- Asset Utilization Ratio fell to 1.81 in Q1 2026 per HITI's latest filing, from 1.92 in the prior quarter.
- Over five years, Asset Utilization Ratio peaked at 2.37 in Q2 2025 and troughed at 0.64 in Q1 2022.
- A 5-year average of 1.7 and a median of 1.81 in 2026 frame the typical range for Asset Utilization Ratio.
- The sharpest annual moves came in 2023 and 2026: Asset Utilization Ratio jumped 132.64% in 2023, then dropped 19.42% in 2026.
- A 5-year view of Asset Utilization Ratio shows it stood at 1.23 in 2022, then soared by 58.73% to 1.95 in 2023, then gained by 12.18% to 2.19 in 2024, then retreated by 12.1% to 1.92 in 2025, then decreased by 6.16% to 1.81 in 2026.
- Business Quant data shows HITI's Asset Utilization Ratio at 1.81 in Q1 2026, 1.92 in Q4 2025, and 2.31 in Q3 2025.
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Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Asset Util. (Qtr) |
|---|---|---|---|---|---|
| 1 | High Tide | 558.20 Mn | 531.28 Mn | 32.00 Mn | 1.81 |
| 2 | Wellgistics Health | 385.01 Mn | 384.95 Mn | 170,221.00 | 0.46 |
| 3 | Petmed Express | 35.71 Mn | 8.80 Mn | 9.46 Mn | 1.99 |
| 4 | Scienture Holdings | 14.72 Mn | 14.72 Mn | 53,850.00 | 0.00 |
| 5 | Ridgetech | 15.50 | -4.11 Mn | - | - |
| 6 | Scientist Home Future Health | - | - | 32,589.00 | 0.30 |
| 7 | BioScience Health Innovations | - | - | 485,596.00 | 2.58 |
| 8 | Rest Ez | - | - | - | - |
| 9 | Polomar Health Services | - | - | 550,489.00 | 3.64 |
Historic Data
Download Data| Date | Value |
|---|---|
| Jan 31, 2026 | 1.81 |
| Oct 31, 2025 | 1.92 |
| Jul 31, 2025 | 2.31 |
| Apr 30, 2025 | 2.37 |
| Jan 31, 2025 | 2.24 |
| Apr 30, 2024 | 2.19 |
| Jan 31, 2024 | 2.17 |
| Oct 31, 2023 | 1.95 |
| Jul 31, 2023 | 1.76 |
| Apr 30, 2023 | 1.64 |
| Jan 31, 2023 | 1.49 |
| Oct 31, 2022 | 1.23 |
| Jul 31, 2022 | 0.99 |
| Apr 30, 2022 | 0.78 |
| Jan 31, 2022 | 0.64 |