High Arctic Energy Services Inc

TSX:HWO Stock Report

Market Cap: CA$53.5m

High Arctic Energy Services Balance Sheet Health

Financial Health criteria checks 4/6

High Arctic Energy Services has a total shareholder equity of CA$97.3M and total debt of CA$3.6M, which brings its debt-to-equity ratio to 3.7%. Its total assets and total liabilities are CA$115.6M and CA$18.3M respectively.

Key information

3.7%

Debt to equity ratio

CA$3.57m

Debt

Interest coverage ration/a
CashCA$46.80m
EquityCA$97.30m
Total liabilitiesCA$18.26m
Total assetsCA$115.57m

Recent financial health updates

Recent updates

High Arctic Energy Services' (TSE:HWO) Dividend Will Be CA$0.005

Aug 29
High Arctic Energy Services' (TSE:HWO) Dividend Will Be CA$0.005

High Arctic Energy Services (TSE:HWO) Has Announced A Dividend Of CA$0.005

Jul 27
High Arctic Energy Services (TSE:HWO) Has Announced A Dividend Of CA$0.005

High Arctic Energy Services (TSE:HWO) Has Announced A Dividend Of CA$0.005

Jun 27
High Arctic Energy Services (TSE:HWO) Has Announced A Dividend Of CA$0.005

High Arctic Energy Services (TSE:HWO) Is Due To Pay A Dividend Of CA$0.005

May 25
High Arctic Energy Services (TSE:HWO) Is Due To Pay A Dividend Of CA$0.005

High Arctic Energy Services (TSE:HWO) Is In A Good Position To Deliver On Growth Plans

Dec 02
High Arctic Energy Services (TSE:HWO) Is In A Good Position To Deliver On Growth Plans

Calculating The Fair Value Of High Arctic Energy Services Inc (TSE:HWO)

Sep 29
Calculating The Fair Value Of High Arctic Energy Services Inc (TSE:HWO)

Is High Arctic Energy Services (TSE:HWO) Using Debt Sensibly?

Mar 07
Is High Arctic Energy Services (TSE:HWO) Using Debt Sensibly?

High Arctic Energy Services' (TSE:HWO) Shareholders Are Down 68% On Their Shares

Jan 11
High Arctic Energy Services' (TSE:HWO) Shareholders Are Down 68% On Their Shares

Financial Position Analysis

Short Term Liabilities: HWO's short term assets (CA$77.2M) exceed its short term liabilities (CA$13.7M).

Long Term Liabilities: HWO's short term assets (CA$77.2M) exceed its long term liabilities (CA$4.5M).


Debt to Equity History and Analysis

Debt Level: HWO has more cash than its total debt.

Reducing Debt: HWO's debt to equity ratio has increased from 2.1% to 3.7% over the past 5 years.

Debt Coverage: HWO's debt is well covered by operating cash flow (104%).

Interest Coverage: Insufficient data to determine if HWO's interest payments on its debt are well covered by EBIT.


Balance Sheet


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