High Tide (HITI) Debt Ratio (2020 - 2026)
High Tide's (HITI) Debt Ratio was 0.06 for fiscal Q2 2026 (quarter ended Apr 30, 2026), up 17.9% from 0.05 a year earlier but down 29.9% from the prior quarter.
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Analysis
High Tide (HITI) Debt Ratio (2020 - 2026) Analysis & Trends
For FY2025 (ended Oct 31, 2025), Debt Ratio at High Tide was 0.08, down 22.4% from FY2024.
- By fiscal year, Debt Ratio came in at 0.11 in FY2024 (-11.3%), 0.12 in FY2023 (+8.1%), 0.11 in FY2022 (+60.6%) and 0.07 in FY2021 (+9.5%).
- Five-year quarterly Debt Ratio spans a low of 0.05 in fiscal Q2 2025 and a high of 0.14 in fiscal Q2 2023.
- Year over year, Debt Ratio gained in two of the last six quarters, with an average decline of 13.3%.
- The high point for year-over-year Debt Ratio in five years was fiscal Q1 2023 (growth of 95.8%); the low point was fiscal Q2 2025 (a decline of 60.5%).
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Debt Ratio (Qtr) |
|---|---|---|---|---|---|
| 1 | Philip Morris International | 297.66 Bn | 279.23 Bn | 7.66 Bn | 0.72 |
| 2 | British American Tobacco p.l.c | 125.80 Bn | 104.94 Bn | - | 0.62 |
| 3 | Altria | 112.42 Bn | 98.63 Bn | 3.82 Bn | 0.74 |
| 4 | Curaleaf Holdings | 2.73 Bn | 2.33 Bn | 169.91 Mn | 0.22 |
| 5 | RLX Technology | 2.65 Bn | -916.64 Mn | 52.74 Mn | 0.01 |
| 6 | Trulieve Cannabis | 2.10 Bn | 712.57 Mn | 162.29 Mn | 0.05 |
| 7 | Green Thumb Industries | 1.33 Bn | 184.54 Mn | 137.87 Mn | 0.10 |
| 8 | Cronos | 1.22 Bn | -2.00 Bn | 28.45 Mn | - |
| 9 | Turning Point Brands | 1.18 Bn | 308.67 Mn | 93.70 Mn | 0.34 |
| 10 | High Tide | 238.15 Mn | 136.45 Mn | 34.98 Mn | - |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Apr 30, 2026 | 0.06 |
| Jan 31, 2026 | 0.08 |
| Oct 31, 2025 | 0.08 |
| Apr 30, 2025 | 0.05 |
| Jan 31, 2025 | 0.05 |
| Oct 31, 2024 | 0.11 |
| Apr 30, 2024 | 0.12 |
| Jan 31, 2024 | 0.12 |
| Oct 31, 2023 | 0.12 |
| Apr 30, 2023 | 0.14 |
| Jan 31, 2023 | 0.12 |
| Oct 31, 2022 | 0.11 |
| Jul 31, 2022 | 0.11 |
| Apr 30, 2022 | 0.09 |
| Jan 31, 2022 | 0.06 |
| Oct 31, 2021 | 0.07 |
| Jul 31, 2021 | 0.07 |
| Apr 30, 2021 | 0.08 |
| Oct 31, 2020 | 0.06 |
API Access
High Tide Debt Ratio API
Pull this series into your own models, spreadsheets and apps with the Business Quant
Historical Metrics API. The request below matches the chart above — change the
frequency, period or values and it follows. Swap YOUR_API_KEY for your own key.
https://data.businessquant.com/historic?slug=debt-ratio&ticker=HITI&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "debt-ratio", "ticker": "HITI", "period": "max", "api_key": "YOUR_API_KEY"}
data = requests.get(url, params=params).json()const res = await fetch("https://data.businessquant.com/historic?slug=debt-ratio&ticker=HITI&period=max&api_key=YOUR_API_KEY");
const data = await res.json();