High Tide (HITI) Notes Payables (2021 - 2026)
High Tide's Notes Payables came in at $5.15 million for fiscal Q2 2026 (quarter ended Apr 30, 2026), down 33.6% from $7.77 million a year earlier and down 53.4% from the prior quarter.
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Analysis
High Tide (HITI) Notes Payables (2021 - 2026) Analysis & Trends
At the end of FY2025 (ended Oct 31, 2025), High Tide's Notes Payables was $11.56 million, up 22.1% from FY2024.
- Notes Payables carries a four-year compound annual growth rate of 38.1% (FY2021 to FY2025).
- Going back by fiscal year, Notes Payables was $9.47 million in FY2024 (-20.9%), $11.97 million in FY2023 (-6.1%), $12.74 million in FY2022 (+300.6%) and $3.18 million in FY2021.
- The fiscal Q2 2026 figure represents the lowest quarterly Notes Payables since fiscal Q2 2022.
- Year-over-year, Notes Payables increased in two of the last six quarters, with an average decline of 8.9%.
- The fastest year-over-year change in Notes Payables over five years came in fiscal Q4 2022 (growth of 287.9%), and the weakest in fiscal Q2 2026 (a decline of 33.6%).
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) |
|---|---|---|---|---|
| 1 | Philip Morris International | 302.31 Bn | 283.88 Bn | 7.66 Bn |
| 2 | British American Tobacco p.l.c | 126.84 Bn | 105.99 Bn | - |
| 3 | Altria | 114.73 Bn | 100.93 Bn | 3.82 Bn |
| 4 | Curaleaf Holdings | 2.84 Bn | 2.44 Bn | 169.91 Mn |
| 5 | RLX Technology | 2.65 Bn | -916.64 Mn | 52.74 Mn |
| 6 | Trulieve Cannabis | 2.39 Bn | 1.00 Bn | 162.29 Mn |
| 7 | Green Thumb Industries | 1.49 Bn | 344.56 Mn | 137.87 Mn |
| 8 | Cronos | 1.25 Bn | -1.97 Bn | 28.45 Mn |
| 9 | Turning Point Brands | 1.21 Bn | 336.94 Mn | 93.70 Mn |
| 10 | High Tide | 244.26 Mn | 142.55 Mn | 34.98 Mn |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Apr 30, 2026 | 5.15 Mn |
| Jan 31, 2026 | 11.07 Mn |
| Oct 31, 2025 | 11.67 Mn |
| Apr 30, 2025 | 7.77 Mn |
| Jan 31, 2025 | 8.45 Mn |
| Oct 31, 2024 | 9.44 Mn |
| Apr 30, 2024 | 10.74 Mn |
| Jan 31, 2024 | 11.37 Mn |
| Oct 31, 2023 | 11.90 Mn |
| Apr 30, 2023 | 13.05 Mn |
| Jan 31, 2023 | 11.63 Mn |
| Oct 31, 2022 | 12.34 Mn |
| Jul 31, 2022 | 7.41 Mn |
| Apr 30, 2022 | 3.59 Mn |
| Oct 31, 2021 | 3.18 Mn |
API Access
High Tide Notes Payables 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=notes-payables&ticker=HITI&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "notes-payables", "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=notes-payables&ticker=HITI&period=max&api_key=YOUR_API_KEY");
const data = await res.json();