High Arctic Energy Services Financial Health
How is High Arctic Energy Services's financial position?
Financial Health Score
4/6Financial Health Score 4/6
Short Term Liabilities
Long Term Liabilities
Debt Level
Reducing Debt
Debt Coverage
Interest Coverage
Financial Position Analysis
Short Term Liabilities: HWO's short term assets (CA$79.4M) exceed its short term liabilities (CA$14.0M).
Long Term Liabilities: HWO's short term assets (CA$79.4M) exceed its long term liabilities (CA$10.0M).
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 3.9% to 6.3% over the past 5 years.
Debt Coverage: HWO's debt is well covered by operating cash flow (49.5%).
Interest Coverage: Insufficient data to determine if HWO's interest payments on its debt are well covered by EBIT.