Michael CA - High Arctic Ex Chairman

HWO Stock  CAD 1.13  0.02  1.80%   

Insider

Michael CA is Ex Chairman of High Arctic Energy
Age 63
Address 330 ? 5th Avenue SW, Calgary, AB, Canada, T2P 0L4
Phone403 508 7836
Webhttps://www.haes.ca

High Arctic Management Efficiency

As of the 22nd of January 2025, Return On Capital Employed is likely to grow to 0.01, though Return On Tangible Assets are likely to grow to (0.12). At this time, High Arctic's Total Assets are very stable compared to the past year. As of the 22nd of January 2025, Other Current Assets is likely to grow to about 1.4 M, while Non Current Assets Total are likely to drop about 47.7 M. 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 6.17 M in total debt with debt to equity ratio (D/E) of 5.1, indicating the company may have difficulties to generate enough cash to satisfy its financial obligations. High Arctic Energy has a current ratio of 2.54, suggesting that it is liquid and has the ability to pay its financial obligations in time and when they become due. 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. provides oilfield services in Canada, Papua New Guinea, and the United States. 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 Canada and is traded on Toronto Stock Exchange. It employs 695 people. High Arctic Energy (HWO) is traded on Toronto Exchange in Canada and employs 202 people. High Arctic is listed under Oil & Gas Equipment & Services category by Fama And French industry classification.

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.
Lonn Bate, Interim Officer
Trevor Barker, General Operations
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 stock 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.

Other Information on Investing in High Stock

High Arctic financial ratios help investors to determine whether High Stock 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.