High Arctic Energy Stock Net Income
HWO Stock | CAD 1.13 0.02 1.74% |
High Arctic Energy fundamentals help investors to digest information that contributes to High Arctic's financial success or failures. It also enables traders to predict the movement of High Stock. The fundamental analysis module provides a way to measure High Arctic's intrinsic value by examining its available economic and financial indicators, including the cash flow records, the balance sheet account changes, the income statement patterns, and various microeconomic indicators and financial ratios related to High Arctic stock.
Last Reported | Projected for Next Year | ||
Net Loss | -12.8 M | -12.2 M | |
Net Loss | -12.8 M | -12.2 M | |
Net Loss | -32.9 M | -31.3 M | |
Net Loss | (0.27) | (0.28) | |
Net Income Per E B T | 0.81 | 1.09 |
High | Net Income |
High Arctic Energy Company Net Income Analysis
High Arctic's Net income is the profit of a company for the reporting period, which is derived after taking revenues and gains and subtracting all expenses and losses. Net income is one of the most-watched numbers by money managers as well as individual investors.
Current High Arctic Net Income | (12.83 M) |
Most of High Arctic's fundamental indicators, such as Net Income, are part of a valuation analysis module that helps investors searching for stocks that are currently trading at higher or lower prices than their real value. If the real value is higher than the market price, High Arctic Energy is considered to be undervalued, and we provide a buy recommendation. Otherwise, we render a sell signal.
High Net Income Driver Correlations
Understanding the fundamental principles of building solid financial models for High Arctic is extremely important. It helps to project a fair market value of High Stock properly, considering its historical fundamentals such as Net Income. Since High Arctic's main accounts across its financial reports are all linked and dependent on each other, it is essential to analyze all possible correlations between related accounts. However, instead of reviewing all of High Arctic's historical financial statements, investors can examine the correlated drivers to determine its overall health. This can be effectively done using a conventional correlation matrix of High Arctic's interrelated accounts and indicators.
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Because income is reported on the Income Statement of a company and is measured in dollars some investors prefer to use Profit Margin, which measures income as a percentage of sales.
Competition |
High Accumulated Other Comprehensive Income
Accumulated Other Comprehensive Income |
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Based on the recorded statements, High Arctic Energy reported net income of (12.83 Million). This is 100.56% lower than that of the Energy Equipment & Services sector and 127.38% lower than that of the Energy industry. The net income for all Canada stocks is 102.25% higher than that of the company.
High Net Income Peer Comparison
Stock peer comparison is one of the most widely used and accepted methods of equity analyses. It analyses High Arctic's direct or indirect competition against its Net Income to detect undervalued stocks with similar characteristics or determine the stocks which would be a good addition to a portfolio. Peer analysis of High Arctic could also be used in its relative valuation, which is a method of valuing High Arctic by comparing valuation metrics of similar companies.High Arctic is currently under evaluation in net income category among its peers.
High Arctic Current Valuation Drivers
We derive many important indicators used in calculating different scores of High Arctic from analyzing High Arctic's financial statements. These drivers represent accounts that assess High Arctic's ability to generate profits relative to its revenue, operating costs, and shareholders' equity. Below are some of High Arctic's important valuation drivers and their relationship over time.
2019 | 2020 | 2021 | 2022 | 2023 | 2024 (projected) | ||
Market Cap | 461.8M | 229.6M | 290.7M | 214.4M | 246.5M | 234.2M | |
Enterprise Value | 463.2M | 216.2M | 295.2M | 170.4M | 195.9M | 186.1M |
High Fundamentals
Return On Equity | -0.14 | ||||
Return On Asset | 0.0072 | ||||
Profit Margin | (0.16) % | ||||
Operating Margin | (0.54) % | ||||
Current Valuation | (21.93 M) | ||||
Shares Outstanding | 12.45 M | ||||
Shares Owned By Insiders | 50.00 % | ||||
Shares Owned By Institutions | 0.11 % | ||||
Number Of Shares Shorted | 3.32 K | ||||
Price To Earning | 26.27 X | ||||
Price To Book | 0.22 X | ||||
Price To Sales | 0.22 X | ||||
Revenue | 61.93 M | ||||
Gross Profit | 11.92 M | ||||
EBITDA | 11.3 M | ||||
Net Income | (12.83 M) | ||||
Cash And Equivalents | 14.7 M | ||||
Cash Per Share | 0.29 X | ||||
Total Debt | 6.35 M | ||||
Debt To Equity | 5.10 % | ||||
Current Ratio | 2.59 X | ||||
Book Value Per Share | 8.09 X | ||||
Cash Flow From Operations | 11.22 M | ||||
Short Ratio | 0.05 X | ||||
Earnings Per Share | (1.00) X | ||||
Target Price | 2.0 | ||||
Number Of Employees | 202 | ||||
Beta | 1.59 | ||||
Market Capitalization | 14.32 M | ||||
Total Asset | 123.14 M | ||||
Retained Earnings | (112.19 M) | ||||
Working Capital | 62.98 M | ||||
Annual Yield | 0.06 % | ||||
Five Year Return | 4.95 % | ||||
Net Asset | 123.14 M |
About High Arctic Fundamental Analysis
The Macroaxis Fundamental Analysis modules help investors analyze High Arctic Energy's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of High Arctic using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of High Arctic Energy based on its fundamental data. In general, a quantitative approach, as applied to this company, focuses on analyzing financial statements comparatively, whereas a qaualitative method uses data that is important to a company's growth but cannot be measured and presented in a numerical way.
Please read more on our fundamental analysis page.
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.