High Tide (HITI) Asset Writedowns and Impairment (2020 - 2026)
High Tide (HITI) posted quarterly Asset Writedowns and Impairment of $3.3 million for Q4 2024, up 1774.17% quarter-over-quarter from $173834.5 in Q1 2024.
High Tide (HITI) Asset Writedowns and Impairment (2020 - 2026) Analysis & Trends
High Tide (HITI) has reported Asset Writedowns and Impairment for 4 consecutive years, with $3.3 million the latest figure, recorded in Q4 2024.
- In Q4 2024, Asset Writedowns and Impairment changed N/A year-over-year to $3.3 million; the TTM figure through Oct 2024 stood at $40.0 million (changed N/A YoY), while the FY2025 annual figure was $17.0 million, up 367.3% from the prior year.
- Asset Writedowns and Impairment advanced to $3.3 million in Q4 2024 per HITI's latest filing, from $173834.5 in the prior quarter.
- Across five years, Asset Writedowns and Impairment topped out at $36.6 million in Q4 2022 and bottomed at $70317.3 in Q1 2022.
- Historically, Asset Writedowns and Impairment has averaged $7.1 million across 4 years, with a median of $1.2 million in 2020.
- Annual changes were most pronounced in 2021 — Asset Writedowns and Impairment jumped 514.49% — and 2022, when it soared 1618.73%.
- High Tide's Asset Writedowns and Impairment stood at $346398.9 in 2020, then surged by 514.49% to $2.1 million in 2021, then jumped by 1618.73% to $36.6 million in 2022, then slumped by 91.09% to $3.3 million in 2024.
- Business Quant data shows HITI's Asset Writedowns and Impairment at $3.3 million in Q4 2024, $173834.5 in Q1 2024, and $36.6 million in Q4 2022.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) |
|---|---|---|---|---|
| 1 | High Tide | 215.72 Mn | 182.44 Mn | 35.30 Mn |
| 2 | BioScience Health Innovations | 58.76 Mn | 58.05 Mn | 659,483.00 |
| 3 | Petmed Express | 38.29 Mn | 25.19 Mn | 11.33 Mn |
| 4 | Scienture Holdings | 17.81 Mn | 17.81 Mn | 335,779.00 |
| 5 | Polomar Health Services | 8.48 Mn | 8.31 Mn | 935,916.00 |
| 6 | Ridgetech | 58,214.34 | -17.85 Mn | - |
Historic Data
Download Data| Date | Value |
|---|---|
| Jan 31, 2026 | 37,469.62 |
| Jan 31, 2026 | 37,469.62 |
| Oct 31, 2024 | 3.26 Mn |
| Oct 31, 2024 | 3.26 Mn |
| Jan 31, 2024 | 173,834.55 |
| Jan 31, 2024 | 173,834.55 |
| Oct 31, 2022 | 36.58 Mn |
| Oct 31, 2022 | 36.58 Mn |
| Jan 31, 2022 | 70,317.27 |
| Jan 31, 2022 | 70,317.27 |
| Oct 31, 2021 | 2.13 Mn |
| Oct 31, 2021 | 2.13 Mn |
| Oct 31, 2020 | 346,398.86 |
| Oct 31, 2020 | 346,398.86 |