High Tide (HITI) - Net Assets

Net assets on the balance sheet as of July 2024 : HK$0.82 Billion

According to High Tide's latest financial reports the company has HK$0.82 Billion in net assets.
A company’s net assets is the sum of its assets minus the sum of its liabilities.

High Tide - Net assets on balance sheet (from 2018 to 2024)

Net assets by year

Year	Net assets	Change
2023-10-31	$HK$0.75 B	-19.11%
2022-10-31	$HK$0.93 B	-2.09%
2021-10-31	$HK$0.95 B	1303.78%
2020-10-31	$HK$67.99 M	21.39%
2019-10-31	$HK$56.01 M	-59.84%
2018-10-31	$HK$0.13 B	-337.47%
2017-10-31	$-HK$58.73 Million

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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High Tide (HITI) - Net assets