High Arctic Energy Services
Cash Flow
Last updated:
Cash flow statement presents a set of outflows and inflows of cash within a company through operating, investing and financing activities. Over the last year, operating activities of High Arctic Energy Services generated cash of $11,216,000, which is more than the previous year. Cash used in financing activities reached the amount of -$3,933,000 last year. Net change in cash is therefore $30,772,000.
Cash Flow
| 2014 | 43.8M | -52M | 8.8M |
|---|---|---|---|
| 2015 | 45.5M | -59.4M | -12M |
| 2016 | 51.9M | -43.3M | 3.8M |
| 2017 | 34.3M | -3.2M | -34.9M |
| 2018 | 42.1M | -13.6M | -20.7M |
| 2019 | 12.7M | -17.4M | -16.3M |
| 2020 | 19.7M | -1.2M | 5.1M |
| 2021 | -1.79M | -5.57M | -13.38M |
| 2022 | 7.86M | 6.65M | -6.73M |
| 2023 | 11.21M | 24.20M | -3.93M |
HWO.TO Cash Flow Statement (2014 – 2023)
| 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | |
|---|---|---|---|---|---|---|---|---|---|---|
Cash at beginning of period | 19.55M | 12.03M | 32.59M | 9.3M | 31.5M | 22.1M | 27.3M | 15.5M | 37.2M | 33.7M |
Operating activities | ||||||||||
Net income | -12.83M | -36.58M | -18.60M | -25.9M | -8.8M | 11.4M | 20.3M | 45.1M | 27.1M | 28.2M |
| Adjustments to reconcile net income to cash generated by operating activities: | ||||||||||
Depreciation and amortization | 9.95M | 17.69M | 23.63M | 35.5M | 28.3M | 25.7M | 25.9M | 24.4M | 16.7M | 12.8M |
Stock-based compensation expense | 328K | 784K | 709K | 555K | 500K | 1.4M | 700K | 1.1M | 1.8M | 1.4M |
| Deferred income tax benefit | 328K | 784K | 709K | 555K | 500K | 1.4M | 700K | 1.1M | 1.8M | 1.4M |
| Changes in operating assets and liabilities: | ||||||||||
Accounts receivable, net | 0 | 0 | 0 | -3M | 0 | 0 | 0 | -7.6M | 0 | 0 |
Inventories | 0 | 0 | 0 | 0 | 0 | 0 | 0 | -600K | 0 | 0 |
Accounts payable | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 9.5M | 0 | 0 |
Cash generated by operating activities | 11.21M | 7.86M | -1.79M | 19.7M | 12.7M | 42.1M | 34.3M | 51.9M | 45.5M | 43.8M |
Investing activities | ||||||||||
Purchases Of Investments | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | -16M | 0 |
Investments In Property Plant And Equipment | -1.95M | -4.07M | -7.24M | -4.9M | -9.9M | -9.8M | -6.8M | -9.6M | -40M | -55.7M |
Acquisitions Net | 26.13M | 11.40M | 1.19M | 5.1M | -8.3M | -8M | 1M | -42.8M | 200K | 0 |
Cash generated by investing activities | 24.20M | 6.65M | -5.57M | -1.2M | -17.4M | -13.6M | -3.2M | -43.3M | -59.4M | -52M |
Financing activities | ||||||||||
Common Stock Issued | 0 | 0 | 0 | 10M | 0 | 400K | 300K | 1.6M | 400K | 24.6M |
Payments for dividends | -2.19M | -2.19M | -9.74M | -1.63M | -9.9M | -10.3M | -10.5M | -10.5M | -10.9M | -9.1M |
Repurchases of common stock | -25K | -60K | -102K | -800K | -5.1M | -9.8M | 0 | -6.5M | -5.7M | 0 |
Repayments of term debt | -1.83M | -4.72M | -11.61M | -1.7M | -1.3M | -5.8M | -24.7M | -23.4M | 4.2M | -6.7M |
Cash used in financing activities | -3.93M | -6.73M | -13.38M | 5.1M | -16.3M | -20.7M | -34.9M | 3.8M | -12M | 8.8M |
Net Change In Cash | 30.77M | 7.52M | -20.56M | 23.3M | -22.2M | 9.4M | -5.2M | 11.8M | -21.7M | 3.5M |
Cash at end of period | 50.33M | 19.55M | 12.03M | 32.6M | 9.3M | 31.5M | 22.1M | 27.3M | 15.5M | 37.2M |
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