High Tide (HITI) Long-Term Deferred Tax (2020 - 2023)
High Tide (HITI) posted Long-Term Deferred Tax of $20.98 million for fiscal Q3 2023 (quarter ended Jul 31, 2023), down 13.5% from $24.25 million a year earlier but up 0.4% from the prior quarter.
High Tide (HITI) Long-Term Deferred Tax (2020 - 2023) Analysis & Trends
At the end of FY2022 (ended Oct 31, 2022), High Tide's Long-Term Deferred Tax came in at $357,875, down 98.4% from FY2021.
- In prior fiscal years, High Tide's Long-Term Deferred Tax was $22.67 million in FY2021 and $187,754 in FY2020.
- Quarterly Long-Term Deferred Tax has run from a low of $187,754 in fiscal Q4 2020 to a high of $24.25 million in fiscal Q3 2022 over five years.
- On a year-over-year basis, Long-Term Deferred Tax has declined in each of the last four quarters, with an average decline of 33.4% over the last four quarters.
- According to Business Quant data, Long-Term Deferred Tax for the three prior fiscal quarters was $20.9 million (Q2 2023), $21.76 million (Q1 2023) and $357,875 (Q4 2022).
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (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 |
| 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 |
| 8 | Turning Point Brands | 1.33 Bn | 439.35 Mn | 93.70 Mn |
| 9 | Cronos | 1.29 Bn | -1.99 Bn | 28.45 Mn |
| 10 | High Tide | 218.18 Mn | 108.92 Mn | 37.83 Mn |
Historic Data
| Date | Value |
|---|---|
| Jul 31, 2023 | 20.98 Mn |
| Apr 30, 2023 | 20.90 Mn |
| Jan 31, 2023 | 21.76 Mn |
| Oct 31, 2022 | 357,875.08 |
| Jul 31, 2022 | 24.25 Mn |
| Apr 30, 2022 | 23.68 Mn |
| Jan 31, 2022 | 24.20 Mn |
| Oct 31, 2021 | 22.67 Mn |
| Jul 31, 2021 | 200,814.50 |
| Apr 30, 2021 | 203,646.08 |
| Oct 31, 2020 | 187,753.95 |
High Tide Long-Term Deferred Tax 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=long-term-deferred-tax&ticker=HITI&period=max&api_key=YOUR_API_KEY
import requests
url = "https://data.businessquant.com/historic"
params = {"slug": "long-term-deferred-tax", "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=long-term-deferred-tax&ticker=HITI&period=max&api_key=YOUR_API_KEY");
const data = await res.json();