High Tide (HITI) Interest Coverage Ratio (2020 - 2026)
High Tide's (HITI) Interest Coverage Ratio was 4.65 for fiscal Q3 2026 (quarter ended Jul 31, 2026), up 104.5% from 2.27 a year earlier and up 52.7% from the prior quarter.
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Analysis
High Tide (HITI) Interest Coverage Ratio (2020 - 2026) Analysis & Trends
Over the twelve months ended Jul 31, 2026, High Tide's Interest Coverage Ratio came in at -0.27; for FY2025 (ended Oct 31, 2025), it came in at -2.29.
- By fiscal year, Interest Coverage Ratio came in at 0.94 in FY2024, -9.21 in FY2023, -20.57 in FY2022 and -8.93 in FY2021.
- The fiscal Q3 2026 figure ranks as the highest quarterly Interest Coverage Ratio since fiscal Q3 2022.
- Year over year, Interest Coverage Ratio gained in three of the last five quarters, with growth averaging 64.3%.
- Per Business Quant data, the three fiscal quarters before Q3 2026 came in at 3.05 (Q2 2026), 1.34 (Q1 2026) and -10.99 (Q4 2025).
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Interest Cover (Qtr) |
|---|---|---|---|---|---|
| 1 | Philip Morris International | 312.80 Bn | 292.44 Bn | 7.66 Bn | - |
| 2 | British American Tobacco p.l.c | 132.04 Bn | 108.41 Bn | - | - |
| 3 | Altria | 126.64 Bn | 112.79 Bn | 3.82 Bn | - |
| 4 | Curaleaf Holdings | 2.11 Bn | 1.72 Bn | 169.91 Mn | - |
| 5 | Trulieve Cannabis | 2.10 Bn | 715.63 Mn | 162.29 Mn | -29.04 |
| 6 | RLX Technology | 2.01 Bn | -1.76 Bn | 52.74 Mn | - |
| 7 | Green Thumb Industries | 1.41 Bn | 259.63 Mn | 137.87 Mn | 3.28 |
| 8 | Turning Point Brands | 1.33 Bn | 439.35 Mn | 93.70 Mn | 2.14 |
| 9 | Cronos | 1.29 Bn | -1.99 Bn | 28.45 Mn | - |
| 10 | High Tide | 218.18 Mn | 108.92 Mn | 37.83 Mn | 4.65 |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jul 31, 2026 | 4.65 |
| Apr 30, 2026 | 3.05 |
| Jan 31, 2026 | 1.34 |
| Oct 31, 2025 | -10.99 |
| Jul 31, 2025 | 2.27 |
| Apr 30, 2025 | 0.64 |
| Jan 31, 2025 | 0.05 |
| Oct 31, 2024 | -1.73 |
| Jul 31, 2024 | 2.13 |
| Apr 30, 2024 | 1.77 |
| Jan 31, 2024 | 2.41 |
| Oct 31, 2023 | -30.98 |
| Jul 31, 2023 | -0.50 |
| Apr 30, 2023 | -2.37 |
| Jan 31, 2023 | -4.06 |
| Oct 31, 2022 | -52.19 |
| Jul 31, 2022 | 8.35 |
| Apr 30, 2022 | -8.83 |
| Jan 31, 2022 | -7.02 |
| Oct 31, 2021 | -3.96 |
API Access
High Tide Interest Coverage 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=interest-coverage-ratio&ticker=HITI&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "interest-coverage-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=interest-coverage-ratio&ticker=HITI&period=max&api_key=YOUR_API_KEY");
const data = await res.json();