High Arctic Energy Services Inc. (HWO) - Cash Flow Conversion Efficiency

Latest as of September 2025: 0.025x

Based on the latest financial reports, High Arctic Energy Services Inc. (HWO) 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 (CA$551.00K ≈ $398.58K USD) by net assets (CA$22.04 Million ≈ $15.94 Million USD). 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. Read High Arctic Energy Services Inc. balance sheet liabilities for a breakdown of total debt and financial obligations.

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
Solution Engineering Holdings Bhd KLSE:0093	0.004x
Innovotech Inc V:IOT	-0.037x
Vineet Laboratories Limited NSE:VINEETLAB	0.088x
YKGI Holdings Bhd KLSE:7020	0.164x
Star Minerals Ltd AU:SMS	-0.110x
HLT Global Bhd KLSE:0188	-0.159x
BRITANNIA LIFE SCIENCES F:L020	N/A
T.Krungthai Industries Public Company Limited BK:TKT	0.037x

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. For the full company profile with market capitalisation and key ratios, see market cap of High Arctic Energy Services Inc..

Year	Net Assets	Operating Cash Flow	Cash Flow Conversion Efficiency	Change
2024-12-31	CA$21.11 Million ≈ $15.27 Million	CA$14.27 Million ≈ $10.33 Million	0.676x	+498.98%
2023-12-31	CA$99.33 Million ≈ $71.86 Million	CA$11.22 Million ≈ $8.11 Million	0.113x	+65.47%
2022-12-31	CA$115.23 Million ≈ $83.36 Million	CA$7.86 Million ≈ $5.69 Million	0.068x	+665.23%
2021-12-31	CA$148.85 Million ≈ $107.68 Million	CA$-1.80 Million ≈ $-1.30 Million	-0.012x	-110.87%
2020-12-31	CA$177.30 Million ≈ $128.26 Million	CA$19.70 Million ≈ $14.25 Million	0.111x	+79.88%
2019-12-31	CA$205.60 Million ≈ $148.73 Million	CA$12.70 Million ≈ $9.19 Million	0.062x	-65.64%
2018-12-31	CA$234.20 Million ≈ $169.42 Million	CA$42.10 Million ≈ $30.45 Million	0.180x	+20.96%
2017-12-31	CA$230.80 Million ≈ $166.96 Million	CA$34.30 Million ≈ $24.81 Million	0.149x	-34.08%
2016-12-31	CA$230.20 Million ≈ $166.52 Million	CA$51.90 Million ≈ $37.54 Million	0.225x	-0.30%
2015-12-31	CA$201.20 Million ≈ $145.55 Million	CA$45.50 Million ≈ $32.91 Million	0.226x	-14.50%
2014-12-31	CA$165.60 Million ≈ $119.79 Million	CA$43.80 Million ≈ $31.68 Million	0.264x	-19.65%
2013-12-31	CA$111.80 Million ≈ $80.87 Million	CA$36.80 Million ≈ $26.62 Million	0.329x	-23.25%
2012-12-31	CA$88.60 Million ≈ $64.09 Million	CA$38.00 Million ≈ $27.49 Million	0.429x	+8.24%
2011-12-31	CA$63.60 Million ≈ $46.01 Million	CA$25.20 Million ≈ $18.23 Million	0.396x	-0.83%
2010-12-31	CA$42.80 Million ≈ $30.96 Million	CA$17.10 Million ≈ $12.37 Million	0.400x	+128.61%
2009-12-31	CA$-5.80 Million ≈ $-4.20 Million	CA$8.10 Million ≈ $5.86 Million	-1.397x	-149.08%
2008-12-31	CA$9.70 Million ≈ $7.02 Million	CA$27.60 Million ≈ $19.97 Million	2.845x	+783.49%
2007-12-31	CA$45.40 Million ≈ $32.84 Million	CA$-18.90 Million ≈ $-13.67 Million	-0.416x	-180.92%
2006-12-31	CA$76.00 Million ≈ $54.98 Million	CA$39.10 Million ≈ $28.28 Million	0.514x	+1415.12%
2005-12-31	CA$81.80 Million ≈ $59.17 Million	CA$-3.20 Million ≈ $-2.31 Million	-0.039x	--

About High Arctic Energy Services Inc.

TO:HWO Canada Oil & Gas Equipment & Services

Market Cap

$7.90 Million

CA$10.92 Million CAD

Market Cap Rank

#27418 Global

#1192 in Canada

Share Price

CA$0.86

Change (1 day)

+2.38%

52-Week Range

CA$0.76 - CA$0.95

All Time High

CA$8.04