High Arctic Energy Services Inc. (HWO) — Working Capital to Net Assets Ratio
High Arctic Energy Services Inc. (HWO) has a Working Capital to Net Assets ratio of 16.5% as of December 2025. Working capital of CA$3.64 Million (current assets of CA$7.66 Million minus current liabilities of CA$4.02 Million) is measured against net assets of CA$22.04 Million. A higher ratio indicates strong short-term liquidity financed by the equity base. See HWO equity to assets ratio to measure how much of total assets are equity-financed.
WC/NA Ratio
Working Capital
Current Assets
Current Liabilities
High Arctic Energy Services Inc. Working Capital to Net Assets (2005–2025)
This chart shows how High Arctic Energy Services Inc.'s Working Capital to Net Assets ratio has evolved across 21 annual periods from 2005 to 2025. As of December 2025, the ratio stands at 16.5%, reflecting working capital of CA$3.64 Million against net assets of CA$22.04 Million CAD. Check tangible equity quality of High Arctic Energy Services Inc. to evaluate the tangible quality of the company's equity base.
Annual Working Capital to Net Assets for High Arctic Energy Services Inc. (2005–2025)
The table below presents the year-by-year Working Capital to Net Assets ratio for High Arctic Energy Services Inc. from 2005 to 2025, covering 21 annual filings. Each row shows current assets, current liabilities, working capital, net assets, the ratio, and the change in percentage points compared to the prior year. For live market cap and the full company profile, see High Arctic Energy Services Inc. market capitalisation.
| Year | WC/NA Ratio | Working Capital (CAD) | Net Assets | Current Assets | Current Liabilities | Change (pp) |
|---|---|---|---|---|---|---|
| 2025 | 16.5% | CA$3.64 Million | CA$22.04 Million | CA$7.66 Million | CA$4.02 Million | ▲ +3.8 pp |
| 2024 | 12.8% | CA$2.69 Million | CA$21.11 Million | CA$7.22 Million | CA$4.53 Million | ▼ -50.7 pp |
| 2023 | 63.4% | CA$62.98 Million | CA$99.33 Million | CA$79.44 Million | CA$16.45 Million | ▲ +11.8 pp |
| 2022 | 51.6% | CA$59.46 Million | CA$115.23 Million | CA$69.28 Million | CA$9.82 Million | ▲ +31.6 pp |
| 2021 | 20.0% | CA$29.72 Million | CA$148.85 Million | CA$45.13 Million | CA$15.41 Million | ▼ -5.3 pp |
| 2020 | 25.3% | CA$44.80 Million | CA$177.30 Million | CA$55.80 Million | CA$11.00 Million | ▲ +7.5 pp |
| 2019 | 17.8% | CA$36.50 Million | CA$205.60 Million | CA$62.70 Million | CA$26.20 Million | ▼ -6.5 pp |
| 2018 | 24.3% | CA$56.80 Million | CA$234.20 Million | CA$80.40 Million | CA$23.60 Million | ▲ +1.0 pp |
| 2017 | 23.3% | CA$53.70 Million | CA$230.80 Million | CA$77.10 Million | CA$23.40 Million | ▲ +10.8 pp |
| 2016 | 12.4% | CA$28.60 Million | CA$230.20 Million | CA$90.70 Million | CA$62.10 Million | ▼ -9.0 pp |
| 2015 | 21.5% | CA$43.20 Million | CA$201.20 Million | CA$77.40 Million | CA$34.20 Million | ▼ -3.4 pp |
| 2014 | 24.9% | CA$41.20 Million | CA$165.60 Million | CA$63.60 Million | CA$22.40 Million | ▼ -12.6 pp |
| 2013 | 37.5% | CA$41.90 Million | CA$111.80 Million | CA$60.00 Million | CA$18.10 Million | ▼ -3.8 pp |
| 2012 | 41.3% | CA$36.60 Million | CA$88.60 Million | CA$52.20 Million | CA$15.60 Million | ▲ +3.1 pp |
| 2011 | 38.2% | CA$24.30 Million | CA$63.60 Million | CA$40.80 Million | CA$16.50 Million | ▲ +50.6 pp |
| 2010 | -12.4% | CA$-5.30 Million | CA$42.80 Million | CA$43.50 Million | CA$48.80 Million | ▼ -1219.3 pp |
| 2009 | 1206.9% | CA$-70.00 Million | CA$-5.80 Million | CA$46.60 Million | CA$116.60 Million | ▲ +1958.4 pp |
| 2008 | -751.5% | CA$-72.90 Million | CA$9.70 Million | CA$58.00 Million | CA$130.90 Million | ▼ -542.5 pp |
| 2007 | -209.0% | CA$-94.90 Million | CA$45.40 Million | CA$65.20 Million | CA$160.10 Million | ▼ -202.3 pp |
| 2006 | -6.7% | CA$-5.10 Million | CA$76.00 Million | CA$44.60 Million | CA$49.70 Million | ▼ -7.4 pp |
| 2005 | 0.7% | CA$600.00K | CA$81.80 Million | CA$34.40 Million | CA$33.80 Million | — |