High Common Stock vs Total Stockholder Equity Analysis
HWO Stock | CAD 1.15 0.01 0.88% |
High Arctic financial indicator trend analysis is much more than just examining High Arctic Energy latest accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether High Arctic Energy is a good investment. Please check the relationship between High Arctic Common Stock and its Total Stockholder Equity accounts. Check out Risk vs Return Analysis to better understand how to build diversified portfolios, which includes a position in High Arctic Energy. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in board of governors.
Common Stock vs Total Stockholder Equity
Common Stock vs Total Stockholder Equity Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of High Arctic Energy Common Stock account and Total Stockholder Equity. At this time, the significance of the direction appears to have fragmental relationship.
The correlation between High Arctic's Common Stock and Total Stockholder Equity is 0.51. Overlapping area represents the amount of variation of Common Stock that can explain the historical movement of Total Stockholder Equity in the same time period over historical financial statements of High Arctic Energy, assuming nothing else is changed. The correlation between historical values of High Arctic's Common Stock and Total Stockholder Equity is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Common Stock of High Arctic Energy are associated (or correlated) with its Total Stockholder Equity. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Total Stockholder Equity has no effect on the direction of Common Stock i.e., High Arctic's Common Stock and Total Stockholder Equity go up and down completely randomly.
Correlation Coefficient | 0.51 |
Relationship Direction | Positive |
Relationship Strength | Weak |
Common Stock
Total Stockholder Equity
The total equity held by shareholders, calculated as the difference between a company's total assets and total liabilities. It represents the net value of the company owned by shareholders.Most indicators from High Arctic's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into High Arctic Energy current financial condition. On the other hand, looking into the entire matrix of fundamental ratios indicators, and analyzing their relationships over time can provide a more complete picture of the company financial strength now and in the future. Check out Risk vs Return Analysis to better understand how to build diversified portfolios, which includes a position in High Arctic Energy. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in board of governors. At this time, High Arctic's Selling General Administrative is very stable compared to the past year. As of the 1st of December 2024, Sales General And Administrative To Revenue is likely to grow to 0.17, though Tax Provision is likely to grow to (3.2 M).
2021 | 2022 | 2023 | 2024 (projected) | Interest Expense | 670K | 1.4M | 368K | 349.6K | Depreciation And Amortization | 23.6M | 17.1M | 10.0M | 19.2M |
High Arctic fundamental ratios Correlations
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High Arctic Account Relationship Matchups
High Positive Relationship
High Negative Relationship
High Arctic fundamental ratios Accounts
2019 | 2020 | 2021 | 2022 | 2023 | 2024 (projected) | ||
Total Assets | 251.8M | 214.2M | 185.5M | 134.0M | 123.1M | 201.6M | |
Short Long Term Debt Total | 10.7M | 19.2M | 16.5M | 5.7M | 6.2M | 5.9M | |
Other Current Liab | 10.9M | (19K) | 664K | 7.5M | 9.5M | 8.1M | |
Total Current Liabilities | 26.2M | 11M | 15.4M | 9.8M | 16.5M | 15.6M | |
Total Stockholder Equity | 205.6M | 177.3M | 148.9M | 115.2M | 99.3M | 131.1M | |
Property Plant And Equipment Net | 181.5M | 147.8M | 130.6M | 54.3M | 30.2M | 28.7M | |
Net Debt | 1.4M | (13.4M) | 4.5M | (13.9M) | (44.2M) | (42.0M) | |
Retained Earnings | (2.2M) | (29.7M) | (58.1M) | (96.9M) | (112.2M) | (117.8M) | |
Accounts Payable | 13.1M | 9.1M | 13.4M | 1.6M | 5.4M | 10.0M | |
Non Current Assets Total | 189.1M | 158.4M | 140.3M | 64.7M | 43.7M | 41.5M | |
Cash And Short Term Investments | 9.3M | 32.6M | 12.0M | 19.6M | 50.3M | 26.2M | |
Net Receivables | 43.1M | 12.9M | 21.7M | 39.6M | 18.9M | 32.3M | |
Common Stock Shares Outstanding | 50.0M | 49.5M | 48.8M | 48.7M | 48.7M | 42.2M | |
Liabilities And Stockholders Equity | 251.8M | 214.2M | 185.5M | 134.0M | 123.1M | 201.6M | |
Other Current Assets | 1M | 1.0M | 2.2M | 1.0M | 851K | 1.4M | |
Other Stockholder Equity | 9.9M | 13.8M | 13.8M | 14.7M | 14.6M | 13.8M | |
Total Liab | 46.2M | 36.9M | 36.6M | 18.7M | 23.8M | 22.6M | |
Property Plant And Equipment Gross | 181.5M | 147.8M | 378.5M | 215.0M | 179.8M | 156.0M | |
Total Current Assets | 62.7M | 55.8M | 45.1M | 69.3M | 79.4M | 66.4M | |
Accumulated Other Comprehensive Income | 24.8M | 24M | 23.4M | 27.9M | 27.0M | 28.3M | |
Short Term Debt | 1.6M | 1.5M | 1.4M | 490K | 1.1M | 1.1M | |
Cash | 9.3M | 32.6M | 12.0M | 19.6M | 50.3M | 26.5M | |
Non Current Liabilities Total | 20M | 25.9M | 21.2M | 8.9M | 7.4M | 7.0M | |
Current Deferred Revenue | 1M | 200K | 10M | (175K) | (157.5K) | (149.6K) | |
Common Stock Total Equity | 195.5M | 187.5M | 183M | 169.3M | 152.4M | 149.7M | |
Common Stock | 173.1M | 169.3M | 169.7M | 169.6M | 170.0M | 141.5M | |
Other Liab | 10.2M | 8.1M | 6.1M | 3.9M | 4.5M | 8.1M | |
Net Tangible Assets | 205.6M | 177.3M | 148.9M | 115.2M | 103.7M | 145.7M | |
Property Plant Equipment | 181.5M | 147.8M | 130.6M | 54.3M | 48.9M | 46.5M | |
Short Term Investments | 2.4M | 1M | 0.0 | 3.0M | 2.7M | 2.9M | |
Long Term Debt Total | 9.1M | 17.8M | 15.1M | 5.0M | 5.8M | 7.2M | |
Capital Surpluse | 9.9M | 13.7M | 13.8M | 14.7M | 16.9M | 12.3M | |
Capital Lease Obligations | 10.7M | 9.2M | 8.4M | 1.5M | 2.8M | 5.1M | |
Net Invested Capital | 205.6M | 187.3M | 156.6M | 119.3M | 102.7M | 141.3M | |
Net Working Capital | 35.8M | 44.8M | 29.7M | 59.5M | 63.0M | 53.9M |
Other Information on Investing in High Stock
Balance Sheet is a snapshot of the financial position of High Arctic Energy at a specified time, usually calculated after every quarter, six months, or one year. High Arctic Balance Sheet has two main parts: assets and liabilities. Liabilities are the debts or obligations of High Arctic and are divided into current liabilities and long term liabilities. An asset, on the other hand, is anything of value that can be converted into cash and which High currently owns. An asset can also be divided into two categories, current and non-current.