High Arctic Energy Services Inc. (HWO) - Total Assets
Based on the latest financial reports, High Arctic Energy Services Inc. (HWO) holds total assets worth CA$29.88 Million CAD (≈ $21.62 Million USD) as of December 2025. Total assets represent everything the company owns and controls, combining both current assets—like cash and cash equivalents, accounts receivable, and inventories—and non-current assets such as property, plant, equipment (PP&E), intangible assets, and long-term investments. Explore HWO debt coverage from operations to assess how comfortably operating cash covers total debt obligations.
High Arctic Energy Services Inc. - Total Assets Trend (2005–2025)
This chart illustrates how High Arctic Energy Services Inc.'s total assets have evolved over time, based on quarterly financial data. See High Arctic Energy Services Inc. book value and equity for net asset value and shareholders' equity analysis.
High Arctic Energy Services Inc. - Asset Composition Analysis
Current Asset Composition (December 2025)
High Arctic Energy Services Inc.'s total assets of CA$29.88 Million consist of 25.6% current assets and 74.4% non-current assets.
| Asset Category | Amount (CAD) | % of Total Assets |
|---|---|---|
| Cash & Equivalents | CA$0.00 | 11.0% |
| Accounts Receivable | CA$4.12 Million | 13.8% |
| Inventory | CA$21.00K | 0.1% |
| Property, Plant & Equipment | CA$0.00 | 0.0% |
| Intangible Assets | CA$1.18 Million | 3.9% |
| Goodwill | CA$812.00K | 2.7% |
Asset Composition Trend (2005–2025)
This chart illustrates how High Arctic Energy Services Inc.'s asset composition has evolved over time. Understanding changes in asset allocation can provide insights into the company's strategic shifts, capital allocation priorities, and business focus evolution. For live market cap, price, and company overview, see HWO market cap.
Key Asset Composition Facts
- Current vs. Non-Current Assets: High Arctic Energy Services Inc.'s current assets represent 25.6% of total assets in 2025, a decrease from 29.8% in 2005.
- Cash Position: Cash and equivalents constituted 11.0% of total assets in 2025, up from 0.0% in 2005.
- Tangible vs. Intangible: Intangible assets (including goodwill) make up 5.0% of total assets, an increase from 0.0% in 2005.
- Asset Diversification: The largest asset category is accounts receivable at 13.8% of total assets.
High Arctic Energy Services Inc. Competitors by Total Assets
Key competitors of High Arctic Energy Services Inc. based on total assets are shown below.
| Company | Country | Total Assets |
|---|---|---|
|
TGS ASA SP.ADR/1
F:TGC0
|
Germany | €3.89 Billion |
|
ProPetro Holding Corp
NYSE:PUMP
|
USA | $1.41 Billion |
|
North American Construction Group Ltd
TO:NOA
|
Canada | CA$1.82 Billion |
|
SD Standard Drilling PLC
OL:SDSD
|
Norway | Nkr114.62 Million |
|
Halliburton Co
BA:HAL
|
Argentina | AR$25.01 Billion |
|
Worley Ltd
AU:WOR
|
Australia | AU$10.85 Billion |
|
SRJ Technologies Group Plc
AU:SRJ
|
Australia | AU$10.99 Million |
|
Schoeller-Bleckmann Oilfield Equipment Aktiengesellschaft
VI:SBO
|
Austria | €879.42 Million |
High Arctic Energy Services Inc. - Liquidity and Working Capital Analysis
Liquidity ratios measure a company's ability to pay off its short-term debts as they come due, using the company's current or quick assets. Working capital represents the operational liquidity available.
Key Liquidity Metrics
| Metric | Current | 1 Year Ago | 5 Years Ago |
|---|---|---|---|
| Current Ratio | 1.91 | 1.59 | 4.02 |
| Quick Ratio | 1.90 | 1.58 | 3.23 |
| Cash Ratio | 0.82 | 0.69 | 0.00 |
| Working Capital | CA$3.64 Million | CA$2.69 Million | CA$34.70 Million |
High Arctic Energy Services Inc. - Advanced Valuation Insights
This section examines the relationship between High Arctic Energy Services Inc.'s asset base and its market valuation, helping to identify whether the company's assets are efficiently translated into market value.
Key Valuation Metrics
| Current Price-to-Book Ratio | 0.48 |
| Latest Market Cap to Assets Ratio | 0.26 |
| Asset Growth Rate (YoY) | -3.2% |
| Total Assets | CA$29.88 Million |
| Market Capitalization | $7.72 Million USD |
Valuation Analysis
Below Book Valuation: The market values High Arctic Energy Services Inc.'s assets below their book value (0.26x), which may indicate investor concerns about asset quality or future growth.
Slight Asset Contraction: High Arctic Energy Services Inc.'s assets decreased by 3.2% over the past year, which may reflect streamlining or optimization of resources.
Annual Total Assets for High Arctic Energy Services Inc. (2005–2025)
The table below shows the annual total assets of High Arctic Energy Services Inc. from 2005 to 2025.
| Year | Total Assets | Change |
|---|---|---|
| 2025-12-31 | CA$29.88 Million ≈ $21.62 Million |
-3.19% |
| 2024-12-31 | CA$30.87 Million ≈ $22.33 Million |
-74.93% |
| 2023-12-31 | CA$123.14 Million ≈ $89.08 Million |
-8.08% |
| 2022-12-31 | CA$133.96 Million ≈ $96.90 Million |
-27.77% |
| 2021-12-31 | CA$185.45 Million ≈ $134.15 Million |
-13.42% |
| 2020-12-31 | CA$214.20 Million ≈ $154.95 Million |
-14.93% |
| 2019-12-31 | CA$251.80 Million ≈ $182.15 Million |
-7.56% |
| 2018-12-31 | CA$272.40 Million ≈ $197.05 Million |
+2.02% |
| 2017-12-31 | CA$267.00 Million ≈ $193.14 Million |
-12.49% |
| 2016-12-31 | CA$305.10 Million ≈ $220.70 Million |
+24.99% |
| 2015-12-31 | CA$244.10 Million ≈ $176.58 Million |
+29.36% |
| 2014-12-31 | CA$188.70 Million ≈ $136.50 Million |
+37.64% |
| 2013-12-31 | CA$137.10 Million ≈ $99.18 Million |
+15.31% |
| 2012-12-31 | CA$118.90 Million ≈ $86.01 Million |
+27.17% |
| 2011-12-31 | CA$93.50 Million ≈ $67.64 Million |
+2.07% |
| 2010-12-31 | CA$91.60 Million ≈ $66.26 Million |
-17.33% |
| 2009-12-31 | CA$110.80 Million ≈ $80.15 Million |
-33.41% |
| 2008-12-31 | CA$166.40 Million ≈ $120.37 Million |
-27.27% |
| 2007-12-31 | CA$228.80 Million ≈ $165.51 Million |
-1.97% |
| 2006-12-31 | CA$233.40 Million ≈ $168.84 Million |
+101.90% |
| 2005-12-31 | CA$115.60 Million ≈ $83.62 Million |
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About 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 Investments and Corporate. The company leases oilfield and pressure control equipment comprising high-pressure blowout preventers, high pressure valves and spooling, high pressure pipework, boile… Read more