High Arctic Energy Services
Balance Sheet
Last updated:
The balance sheet is a financial statement presenting the value of assets, liabilities and equity of a company. How has High Arctic Energy Services's balance sheet done over the years? Its assets were worth $123,137,000 last year, which is less than in the previous period. 19% of High Arctic Energy Services’s total assets is currently financed by debt. Its liabilities reached the amount of $23,805,000, which means an increase by 27% compared compared to last year.
Debt to Assets
| 2014 | 188700000 | 23.1M | 12.24% |
|---|---|---|---|
| 2015 | 244100000 | 42.9M | 17.57% |
| 2016 | 305100000 | 74.9M | 24.55% |
| 2017 | 267000000 | 36.2M | 13.56% |
| 2018 | 272400000 | 38.2M | 14.02% |
| 2019 | 251800000 | 46.2M | 18.35% |
| 2020 | 214200000 | 36.9M | 17.23% |
| 2021 | 185452000 | 36.60M | 19.74% |
| 2022 | 133957000 | 18.72M | 13.98% |
| 2023 | 123137000 | 23.80M | 19.33% |
HWO.TO Balance Sheet (2014 – 2023)
| 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | |
|---|---|---|---|---|---|---|---|---|---|---|
Assets | ||||||||||
Current assets: | ||||||||||
Cash and cash equivalents | 50.33M | 19.55M | 12.03M | 32.6M | 9.3M | 31.5M | 22.1M | 27.3M | 15.5M | 37.2M |
Short term investments | 0 | 0 | 0 | 0 | 0 | 1M | 2.4M | 4.8M | 10.6M | 0 |
Net receivables | 18.87M | 39.57M | 21.72M | 13.2M | 43.1M | 36.5M | 41.7M | 49.1M | 42.4M | 20.6M |
Inventory | 9.37M | 9.09M | 9.13M | 9.3M | 9.3M | 10.6M | 10M | 8.8M | 8M | 5M |
Other current assets | 851K | 1.04M | 2.23M | 700K | 1M | 800K | 900K | 700K | 900K | 800K |
Total current assets | 79.43M | 69.27M | 45.13M | 55.8M | 62.7M | 80.4M | 77.1M | 90.7M | 77.4M | 63.6M |
Non-current assets: | ||||||||||
Property, Plant and Equipment | 30.20M | 54.33M | 130.57M | 147.8M | 181.5M | 184.4M | 182.9M | 209.2M | 161.7M | 119.9M |
Goodwill | 812K | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Intangible assets | 1.50M | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Long term investments | 8.18M | 7.73M | 2M | 3M | 0 | 0 | 0 | 0 | 0 | 0 |
Other non-current assets | 2.99M | 2.60M | 2M | 3M | 0 | 0 | 0 | 0 | 0 | 200K |
Total non-current assets | 43.69M | 64.67M | 140.32M | 158.4M | 189.1M | 192M | 189.9M | 214.4M | 166.7M | 125.1M |
Total assets | 123.13M | 133.95M | 185.45M | 214.2M | 251.8M | 272.4M | 267M | 305.1M | 244.1M | 188.7M |
Liabilities | ||||||||||
| Current liabilities: | ||||||||||
Accounts payable | ||||||||||
Deferred revenue | 0 | 0 | 0 | 0 | 10M | 200K | 1M | 1.6M | 2.2M | 400K |
Short term debt | 1.13M | 676K | 1.37M | 1.4M | 1.6M | 200K | 1.2M | 26M | 0 | 0 |
Total current liabilities | 16.45M | 9.81M | 15.40M | 11M | 26.2M | 23.6M | 23.4M | 62.1M | 34.2M | 22.4M |
| Non-current liabilities: | ||||||||||
Long term debt | 5.21M | 5.02M | 15.14M | 17.8M | 9.1M | 500K | 500K | 0 | 4M | 0 |
Deferred tax | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Other non-current liabilities | 2.14M | -4.02M | -7.77M | -10M | 0 | 2.8M | 3.1M | 3.3M | 0 | 0 |
Total non-current liabilities | 7.35M | 8.90M | 21.19M | 25.9M | 20M | 14.6M | 12.8M | 12.8M | 8.7M | 700K |
Total liabilities | 23.80M | 18.72M | 36.60M | 36.9M | 46.2M | 38.2M | 36.2M | 74.9M | 42.9M | 23.1M |
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