High Tide (HITI) Interest Coverage Ratio (2020 - 2026)
High Tide (HITI) posted quarterly Interest Coverage Ratio of 3.05 for Q2 2026, down 372.18% year-over-year from 1.12 in Q2 2025, and down 399.15% quarter-over-quarter from 1.02 in Q1 2026.
High Tide (HITI) Interest Coverage Ratio (2020 - 2026) Analysis & Trends
High Tide (HITI) has reported Interest Coverage Ratio for 7 consecutive years, with 3.05 the latest figure, recorded in Q2 2026.
- In Q2 2026, Interest Coverage Ratio fell 372.18% year-over-year to 3.05; the TTM figure through Apr 2026 stood at 1.13 (down 1585.61% YoY), while the FY2025 annual figure was 8.09, down 310.25% from the prior year.
- Interest Coverage Ratio slipped to 3.05 in Q2 2026 per HITI's latest filing, from 1.02 in the prior quarter.
- Across five years, Interest Coverage Ratio topped out at 8.83 in Q2 2022 and bottomed at 2162.07 in Q1 2023.
- Historically, Interest Coverage Ratio has averaged 139.76 across 5 years, with a median of 0.26 in 2025.
- Annual changes were most pronounced in 2023 — Interest Coverage Ratio plunged 30911.38% — and 2026, when it soared 2656.29%.
- High Tide's Interest Coverage Ratio stood at 68.95 in 2022, then jumped by 69.6% to 20.96 in 2023, then soared by 104.29% to 0.9 in 2024, then tumbled by 435.34% to 3.02 in 2025, then retreated by 0.99% to 3.05 in 2026.
- Business Quant data shows HITI's Interest Coverage Ratio at 3.05 in Q2 2026, 1.02 in Q1 2026, and 3.02 in Q4 2025.
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Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Interest Cover (Qtr) |
|---|---|---|---|---|---|
| 1 | High Tide | 215.72 Mn | 182.44 Mn | 35.30 Mn | -3.05 |
| 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 | -1.48 |
| 4 | Scienture Holdings | 17.81 Mn | 17.81 Mn | 335,779.00 | -10.01 |
| 5 | Polomar Health Services | 8.48 Mn | 8.31 Mn | 935,916.00 | 12.12 |
| 6 | Ridgetech | 58,214.34 | -17.85 Mn | - | - |
Historic Data
Download Data| Date | Value |
|---|---|
| Apr 30, 2026 | -3.05 |
| Jan 31, 2026 | 1.02 |
| Oct 31, 2025 | -3.02 |
| Jun 30, 2025 | 0.48 |
| Apr 30, 2025 | -0.64 |
| Jan 31, 2025 | 0.04 |
| Oct 31, 2024 | 0.90 |
| Jun 30, 2024 | 1.77 |
| Apr 30, 2024 | -1.77 |
| Jan 31, 2024 | 1.88 |
| Oct 31, 2023 | -20.96 |
| Apr 30, 2023 | 2.37 |
| Jan 31, 2023 | -2,162.07 |
| Oct 31, 2022 | -68.95 |
| Apr 30, 2022 | 8.83 |
| Jan 31, 2022 | 7.02 |
| Oct 31, 2021 | -0.53 |
| Apr 30, 2021 | 17.35 |
| Jan 31, 2021 | 10.17 |
| Oct 31, 2020 | 0.55 |