Michael Maguire - High Arctic Vice-President of International Operations

HGHAF Stock  USD 0.81  0.03  3.57%   

President

Mr. Michael Joseph Maguire is a Vice President International Operations of High Arctic Energy Services Inc. Prior to that, he spent seven years with Easternwell Group in various positions of increasing seniority. since 2013.
Tenure 11 years
Phone403 508 7836
Webhttps://www.haes.ca
Maguire holds a bachelor degree in petroleum engineering from the University of New South Wales, and was a former vicechairman of the Australian chapter of the International Association of Drilling Contractors.

High Arctic Management Efficiency

The company has return on total asset (ROA) of (0.0537) % which means that it has lost $0.0537 on every $100 spent on assets. This is way below average. Similarly, it shows a return on equity (ROE) of (0.2221) %, meaning that it generated substantial loss on money invested by shareholders. High Arctic's management efficiency ratios could be used to measure how well High Arctic manages its routine affairs as well as how well it operates its assets and liabilities.
High Arctic Energy has accumulated 7.78 M in total debt with debt to equity ratio (D/E) of 0.07, which may suggest the company is not taking enough advantage from borrowing. High Arctic Energy has a current ratio of 1.75, which is within standard range for the sector. Debt can assist High Arctic until it has trouble settling it off, either with new capital or with free cash flow. So, High Arctic's shareholders could walk away with nothing if the company can't fulfill its legal obligations to repay debt. However, a more frequent occurrence is when companies like High Arctic Energy sell additional shares at bargain prices, diluting existing shareholders. Debt, in this case, can be an excellent and much better tool for High to invest in growth at high rates of return. When we think about High Arctic's use of debt, we should always consider it together with cash and equity.

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High Arctic Energy Services Inc., an oilfield services company, provides oilfield services to exploration and production companies in Canada and Papua New Guinea. High Arctic Energy Services Inc. was founded in 1993 and is headquartered in Calgary, Canada. High Arctic operates under Oil Gas Equipment Services classification in the United States and is traded on OTC Exchange. It employs 479 people. High Arctic Energy [HGHAF] is a Pink Sheet which is traded through a dealer network over-the-counter (OTC).

Management Performance

High Arctic Energy Leadership Team

Elected by the shareholders, the High Arctic's board of directors comprises two types of representatives: High Arctic inside directors who are chosen from within the company, and outside directors, selected externally and held independent of High. The board's role is to monitor High Arctic's management team and ensure that shareholders' interests are well served. High Arctic's inside directors are responsible for reviewing and approving budgets prepared by upper management to implement core corporate initiatives and projects. On the other hand, High Arctic's outside directors are responsible for providing unbiased perspectives on the board's policies.
Stephen Lambert, Chief Officer
Michael Maguire, Vice-President of International Operations
Samuel Ward, VP PNG
Michael CA, Ex Chairman

High Stock Performance Indicators

The ability to make a profit is the ultimate goal of any investor. But to identify the right pink sheet is not an easy task. Is High Arctic a good investment? Although profit is still the single most important financial element of any organization, multiple performance indicators can help investors identify the equity that they will appreciate over time.

Currently Active Assets on Macroaxis

Other Information on Investing in High Pink Sheet

High Arctic financial ratios help investors to determine whether High Pink Sheet is cheap or expensive when compared to a particular measure, such as profits or enterprise value. In other words, they help investors to determine the cost of investment in High with respect to the benefits of owning High Arctic security.