High Tide (HITI) - Cash on Hand

Cash on Hand as of July 2024 : NZ$44.5 Million

According to High Tide's latest financial reports the company has NZ$44.5 Million in cash and cash equivalents.
A company’s cash on hand also refered as cash/cash equivalents (CCE) and Short-term investments, is the amount of accessible money a business has.

High Tide - Cash on Hand chart (from 2018 to 2024)

Cash on Hand by year

Year	Cash on Hand	Change
2023-10-31	NZ$37.47 M	17.03%
2022-10-31	NZ$32.01 M	91.11%
2021-10-31	NZ$16.75 M	97.03%
2020-10-31	NZ$8.5 M	738.23%
2019-10-31	NZ$1.01 M	-89.36%
2018-10-31	NZ$9.53 M	376.51%
2017-10-31	NZ$2 M

What is the market capitalization of a company?

The market capitalization sometimes referred as Marketcap, is the value of a publicly listed company.
In most cases it can be easily calculated by multiplying the share price with the amount of outstanding shares.

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