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 ratio | n/a |
Cash | CA$46.80m |
Equity | CA$97.30m |
Total liabilities | CA$18.26m |
Total assets | CA$115.57m |
Recent financial health updates
High Arctic Energy Services (TSE:HWO) Is In A Good Position To Deliver On Growth Plans
Dec 02Is High Arctic Energy Services (TSE:HWO) Using Debt Sensibly?
Mar 07Recent updates
High Arctic Energy Services' (TSE:HWO) Dividend Will Be CA$0.005
Aug 29High Arctic Energy Services (TSE:HWO) Has Announced A Dividend Of CA$0.005
Jul 27High Arctic Energy Services (TSE:HWO) Has Announced A Dividend Of CA$0.005
Jun 27High Arctic Energy Services (TSE:HWO) Is Due To Pay A Dividend Of CA$0.005
May 25High Arctic Energy Services (TSE:HWO) Is In A Good Position To Deliver On Growth Plans
Dec 02Calculating The Fair Value Of High Arctic Energy Services Inc (TSE:HWO)
Sep 29Is High Arctic Energy Services (TSE:HWO) Using Debt Sensibly?
Mar 07High Arctic Energy Services' (TSE:HWO) Shareholders Are Down 68% On Their Shares
Jan 11Financial 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.