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) - Total Liabilities
Latest total liabilities as of September 2025: $5.65 Million USD
Based on the latest financial reports, High Arctic Energy Services Inc (HGHAF) has total liabilities worth $5.65 Million USD as of September 2025.
Total liabilities represent everything the company owes to external parties, combining both current liabilities—like accounts payable, short-term debt, and accrued expenses—and non-current liabilities such as long-term debt, pension obligations, lease liabilities, and deferred tax liabilities.
High Arctic Energy Services Inc - Total Liabilities Trend (2005–2024)
This chart illustrates how High Arctic Energy Services Inc's total liabilities have evolved over time, based on quarterly financial data. Explore and compare other companies by total liabilities.
High Arctic Energy Services Inc Competitors by Total Liabilities
The table below lists competitors of High Arctic Energy Services Inc ranked by their total liabilities.
| Company | Country | Total Liabilities |
|---|---|---|
|
Mantaro Silver Corp
PINK:MSLVF
|
USA | $521.89K |
|
Haily Group Bhd
KLSE:0237
|
Malaysia | RM145.51 Million |
|
Locafy Limited
NASDAQ:LCFYW
|
USA | $2.00 Million |
|
Calima Energy Limited
OTCQB:CLMEF
|
USA | $39.45 Million |
|
Copper Road Resources Inc.
V:CRD
|
Canada | CA$224.26K |
|
Kirkland Lake Discoveries Corp.
PINK:KLKLF
|
USA | $404.67K |
Liability Composition Analysis (2005–2024)
This chart breaks down High Arctic Energy Services Inc's total liabilities into key components over time: long-term debt, short-term debt, other current liabilities, and other non-current liabilities. Toggle between absolute values and percentage view to see how the composition has shifted.
Liquidity & Leverage Metrics
Key Metrics Explained
| Metric | Value | Description |
|---|---|---|
| Current Ratio | 2.43 | Measures ability to pay short-term obligations (Current Assets ÷ Current Liabilities) |
| Quick Ratio | N/A | More stringent measure of short-term liquidity ((Current Assets - Inventory) ÷ Current Liabilities) |
| Cash Ratio | N/A | Most conservative liquidity measure (Cash & Equivalents ÷ Current Liabilities) |
| Debt to Equity | 0.26 | Measures financial leverage (Total Liabilities ÷ Shareholder Equity) |
| Debt to Assets | 0.26 | Portion of assets financed with debt (Total Liabilities ÷ Total Assets) |
Liability Trends Comparison
This chart compares key liability metrics across different time periods, showing how High Arctic Energy Services Inc's debt structure has evolved. The comparison includes total liabilities, long-term debt, and current liabilities.
Annual Total Liabilities for High Arctic Energy Services Inc (2005–2024)
The table below shows the annual total liabilities of High Arctic Energy Services Inc from 2005 to 2024.
| Year | Total Liabilities | Change |
|---|---|---|
| 2024-12-31 | $9.76 Million | -58.99% |
| 2023-12-31 | $23.80 Million | +27.12% |
| 2022-12-31 | $18.73 Million | -48.84% |
| 2021-12-31 | $36.60 Million | -0.81% |
| 2020-12-31 | $36.90 Million | -20.13% |
| 2019-12-31 | $46.20 Million | +20.94% |
| 2018-12-31 | $38.20 Million | +5.52% |
| 2017-12-31 | $36.20 Million | -51.67% |
| 2016-12-31 | $74.90 Million | +74.59% |
| 2015-12-31 | $42.90 Million | +85.71% |
| 2014-12-31 | $23.10 Million | -8.70% |
| 2013-12-31 | $25.30 Million | -16.50% |
| 2012-12-31 | $30.30 Million | +1.34% |
| 2011-12-31 | $29.90 Million | -38.73% |
| 2010-12-31 | $48.80 Million | -58.15% |
| 2009-12-31 | $116.60 Million | -25.59% |
| 2008-12-31 | $156.70 Million | -14.56% |
| 2007-12-31 | $183.40 Million | +16.52% |
| 2006-12-31 | $157.40 Million | +365.68% |
| 2005-12-31 | $33.80 Million | -- |