High Tide (HITI) Interest Coverage Ratio (2020 - 2026)
High Tide's (HITI) Interest Coverage Ratio was 3.05 for fiscal Q3 2026 (quarter ended Jun 30, 2026), up 372.2% from 0.64 a year earlier.
High Tide (HITI) Interest Coverage Ratio (2020 - 2026) Analysis & Trends
Over the twelve months ended Jun 30, 2026, High Tide's Interest Coverage Ratio came in at -0.34; for FY2025 (ended Oct 31, 2025), it came in at -1.12.
- By fiscal year, Interest Coverage Ratio came in at 0.50 in FY2024, -4.26 in FY2023, -6.97 in FY2022 and -1.43 in FY2021.
- The fiscal Q3 2026 figure ranks as the highest quarterly Interest Coverage Ratio since fiscal Q3 2023.
- Year over year, Interest Coverage Ratio gained in two of the last five quarters, with growth averaging 100.6%.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Interest Cover (Qtr) |
|---|---|---|---|---|---|
| 1 | Philip Morris International | 297.66 Bn | 279.23 Bn | 7.66 Bn | - |
| 2 | British American Tobacco p.l.c | 125.80 Bn | 104.94 Bn | - | - |
| 3 | Altria | 112.42 Bn | 98.63 Bn | 3.82 Bn | - |
| 4 | Curaleaf Holdings | 2.73 Bn | 2.33 Bn | 169.91 Mn | - |
| 5 | RLX Technology | 2.65 Bn | -916.64 Mn | 52.74 Mn | - |
| 6 | Trulieve Cannabis | 2.10 Bn | 712.57 Mn | 162.29 Mn | -29.04 |
| 7 | Green Thumb Industries | 1.33 Bn | 184.54 Mn | 137.87 Mn | 3.28 |
| 8 | Cronos | 1.22 Bn | -2.00 Bn | 28.45 Mn | - |
| 9 | Turning Point Brands | 1.18 Bn | 308.67 Mn | 93.70 Mn | 2.14 |
| 10 | High Tide | 238.15 Mn | 136.45 Mn | 34.98 Mn | 3.05 |
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 3.05 |
| Apr 30, 2026 | 1.17 |
| Jan 31, 2026 | 0.39 |
| Oct 31, 2025 | -4.93 |
| Jun 30, 2025 | 0.64 |
| Apr 30, 2025 | 0.26 |
| Jan 31, 2025 | 0.02 |
| Oct 31, 2024 | -0.92 |
| Jun 30, 2024 | 1.51 |
| Apr 30, 2024 | 0.66 |
| Jan 31, 2024 | 1.24 |
| Oct 31, 2023 | -20.96 |
| Jun 30, 2023 | 4.75 |
| Apr 30, 2023 | -1.20 |
| Jan 31, 2023 | -1.58 |
| Oct 31, 2022 | -68.95 |
| Jul 31, 2022 | -3.18 |
| Apr 30, 2022 | -3.43 |
| Jan 31, 2022 | -3.96 |
| Oct 31, 2021 | -3.16 |
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_KEY
import 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();