High Arctic Return On Equity vs. Cash And Equivalents
| HWO Stock | CAD 1.15 0.02 1.77% |
Return On Equity | First Reported 2010-12-31 | Previous Quarter (0.13) | Current Value (0.13) | Quarterly Volatility 0.18529024 |
For High Arctic profitability analysis, we use financial ratios and fundamental drivers that measure the ability of High Arctic to generate income relative to revenue, assets, operating costs, and current equity. These fundamental indicators attest to how well High Arctic Energy utilizes its assets to generate profit and value for its shareholders. The profitability module also shows relationships between High Arctic's most relevant fundamental drivers. It provides multiple suggestions of what could affect the performance of High Arctic Energy over time as well as its relative position and ranking within its peers.
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High Arctic Energy Cash And Equivalents vs. Return On Equity Fundamental Analysis
Comparative valuation techniques use various fundamental indicators to help in determining High Arctic's current stock value. Our valuation model uses many indicators to compare High Arctic value to that of its competitors to determine the firm's financial worth. High Arctic Energy is rated # 4 in return on equity category among its peers. It also is rated # 4 in cash and equivalents category among its peers . At this time, High Arctic's Return On Equity is very stable compared to the past year. Comparative valuation analysis is a catch-all model that can be used if you cannot value High Arctic by discounting back its dividends or cash flows. This model doesn't attempt to find an intrinsic value for High Arctic's Stock. Still, instead, it compares the stock's price multiples to a benchmark or nearest competition to determine if the stock is relatively undervalued or overvalued.High Cash And Equivalents vs. Return On Equity
Return on Equity or ROE tells company stockholders how effectually their money is being utilized or reinvested. It is a useful ratio when analyzing company profitability or the management effectiveness given the capital invested by the shareholders. ROE shows how efficiently a company utilizes investments to generate income.
High Arctic |
| = | -0.14 |
For most industries, Return on Equity between 10% and 30% are considered desirable to provide dividends to owners and have funds for the future growth of the company. Investors should be very careful using ROE as the only efficiency indicator because ROE can be high if a company is heavily leveraged.
Cash or Cash Equivalents are the most liquid of all assets found on the company's balance sheet. It is used in calculating many of the firm's liquidity ratios and is a good indicator of the overall financial health of a company. Companies with a lot of cash are usually attractive takeover targets. Cash Equivalents are balance sheet items that are typically reported using currency printed on notes.
High Arctic |
| = | 14.7 M |
Cash equivalents represent current assets that are easily convertible to cash such as short term bonds, savings account, money market funds, or certificate of deposits (CDs). One of the important consideration companies make when classifying assets as cash equivalent is that investments they report on their balance sheets under current assets should have almost no risk of change in value over the next few months (usually three months).
High Cash And Equivalents Comparison
High Arctic is currently under evaluation in cash and equivalents category among its peers.
High Arctic Profitability Projections
The most important aspect of a successful company is its ability to generate a profit. For investors in High Arctic, profitability is also one of the essential criteria for including it into their portfolios because, without profit, High Arctic will eventually generate negative long term returns. The profitability progress is the general direction of High Arctic's change in net profit over the period of time. It can combine multiple indicators of High Arctic, where stable trends show no significant progress. An accelerating trend is seen as positive, while a decreasing one is unfavorable. A rising trend means that profits are rising, and operational efficiency may be rising as well. A decreasing trend is a sign of poor performance and may indicate upcoming losses.
| Last Reported | Projected for Next Year | ||
| Accumulated Other Comprehensive Income | 27 M | 28.3 M | |
| Operating Income | 1.3 M | 1.3 M | |
| Income Before Tax | -16.3 M | -15.4 M | |
| Total Other Income Expense Net | -17.6 M | -16.7 M | |
| Net Loss | -12.8 M | -12.2 M | |
| Income Tax Expense | -3.4 M | -3.2 M | |
| Net Loss | -12.8 M | -12.2 M | |
| Net Loss | -32.9 M | -31.3 M | |
| Interest Income | 2.2 M | 2.3 M | |
| Net Interest Income | 1.8 M | 1.9 M | |
| Change To Netincome | 18.3 M | 19.2 M | |
| Net Loss | (0.27) | (0.28) | |
| Income Quality | (0.87) | (0.83) | |
| Net Income Per E B T | 0.81 | 1.09 |
High Profitability Driver Comparison
Profitability drivers are factors that can directly affect your investment outlook on High Arctic. Investors often realize that things won't turn out the way they predict. There are maybe way too many unforeseen events and contingencies during the holding period of High Arctic position where the market behavior may be hard to predict, tax policy changes, gold or oil price hikes, calamities change, and many others. The question is, are you prepared for these unexpected events? Although some of these situations are obviously beyond your control, you can still follow the important profit indicators to know where you should focus on when things like this occur. Below are some of the High Arctic's important profitability drivers and their relationship over time.
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Other Information on Investing in High Stock
To fully project High Arctic's future profitability, investors should examine all historical financial statements. These statements provide investors with a comprehensive snapshot of the financial position of High Arctic Energy at a specified time, usually calculated after every quarter, six months, or one year. Three primary documents fall into the category of financial statements. These documents include High Arctic's income statement, its balance sheet, and the statement of cash flows.