High Arctic Energy Services Inc
High Arctic Energy Services Inc., an oilfield services company, provides oilfield services to exploration and production companies in Western Canada. It operates through two segments, Rental Services and Production Services. The company leases oilfield and pressure control equipment comprising high-pressure blowout preventers, high pressure valves and spooling, high pressure pipework, boilers, pu… Read more
High Arctic Energy Services Inc (HGHAF) - Cash Flow Conversion Efficiency
Latest cash flow conversion efficiency as of September 2025: 0.025x
Based on the latest financial reports, High Arctic Energy Services Inc (HGHAF) has a cash flow conversion efficiency ratio of 0.025x as of September 2025.
Cash flow conversion efficiency measures how effectively a company's net assets (equity) generate operating cash flow. It is calculated by dividing operating cash flow ($395.62K) by net assets ($15.82 Million). A higher ratio indicates that the company is more efficient at using its equity to generate cash flow from its core operations.
High Arctic Energy Services Inc - Cash Flow Conversion Efficiency Trend (2005–2024)
This chart illustrates how High Arctic Energy Services Inc's cash flow conversion efficiency has evolved over time, based on yearly financial data. Explore and compare other companies by cash flow conversion efficiency.
High Arctic Energy Services Inc Competitors by Cash Flow Conversion Efficiency
The table below lists competitors of High Arctic Energy Services Inc ranked by their cash flow conversion efficiency.
| Company | Cash Flow Conversion Efficiency |
|---|---|
|
Locafy Limited
NASDAQ:LCFYW
|
-0.096x |
|
Haily Group Bhd
KLSE:0237
|
0.173x |
|
Hochiminh City Metal Corp
VN:HMC
|
N/A |
|
Mantaro Silver Corp
PINK:MSLVF
|
-0.025x |
|
Calima Energy Limited
OTCQB:CLMEF
|
0.091x |
|
Minbos Resources Limited
F:OMB
|
N/A |
|
Copper Road Resources Inc.
V:CRD
|
-0.022x |
|
Kirkland Lake Discoveries Corp.
PINK:KLKLF
|
-0.070x |
Annual Cash Flow Conversion Efficiency for High Arctic Energy Services Inc (2005–2024)
The table below shows the annual cash flow conversion efficiency of High Arctic Energy Services Inc from 2005 to 2024.
| Year | Net Assets | Operating Cash Flow | Cash Flow Conversion Efficiency | Change |
|---|---|---|---|---|
| 2024-12-31 | $21.11 Million | $14.27 Million | 0.676x | +498.98% |
| 2023-12-31 | $99.33 Million | $11.22 Million | 0.113x | +65.47% |
| 2022-12-31 | $115.23 Million | $7.86 Million | 0.068x | +665.23% |
| 2021-12-31 | $148.85 Million | $-1.80 Million | -0.012x | -110.87% |
| 2020-12-31 | $177.30 Million | $19.70 Million | 0.111x | +79.88% |
| 2019-12-31 | $205.60 Million | $12.70 Million | 0.062x | -65.64% |
| 2018-12-31 | $234.20 Million | $42.10 Million | 0.180x | +20.96% |
| 2017-12-31 | $230.80 Million | $34.30 Million | 0.149x | -34.08% |
| 2016-12-31 | $230.20 Million | $51.90 Million | 0.225x | -0.30% |
| 2015-12-31 | $201.20 Million | $45.50 Million | 0.226x | -14.50% |
| 2014-12-31 | $165.60 Million | $43.80 Million | 0.264x | -19.65% |
| 2013-12-31 | $111.80 Million | $36.80 Million | 0.329x | -23.25% |
| 2012-12-31 | $88.60 Million | $38.00 Million | 0.429x | +8.24% |
| 2011-12-31 | $63.60 Million | $25.20 Million | 0.396x | -0.83% |
| 2010-12-31 | $42.80 Million | $17.10 Million | 0.400x | +128.61% |
| 2009-12-31 | $-5.80 Million | $8.10 Million | -1.397x | -149.08% |
| 2008-12-31 | $9.70 Million | $27.60 Million | 2.845x | +783.49% |
| 2007-12-31 | $45.40 Million | $-18.90 Million | -0.416x | -180.92% |
| 2006-12-31 | $76.00 Million | $39.10 Million | 0.514x | +1415.12% |
| 2005-12-31 | $81.80 Million | $-3.20 Million | -0.039x | -- |