High Arctic Return On Equity vs. Return On Asset

HWO Stock  CAD 1.15  0.02  1.77%   
Based on the measurements of profitability obtained from High Arctic's financial statements, High Arctic Energy may not be well positioned to generate adequate gross income at this time. It has a very high probability of underperforming in January. Profitability indicators assess High Arctic's ability to earn profits and add value for shareholders.
 
Return On Equity  
First Reported
2010-12-31
Previous Quarter
(0.13)
Current Value
(0.13)
Quarterly Volatility
0.18529024
 
Credit Downgrade
 
Yuan Drop
 
Covid
As of the 14th of December 2024, Sales General And Administrative To Revenue is likely to grow to 0.17, while Price To Sales Ratio is likely to drop 2.29. At this time, High Arctic's Accumulated Other Comprehensive Income is very stable compared to the past year. As of the 14th of December 2024, Interest Income is likely to grow to about 2.3 M, while Operating Income is likely to drop about 1.3 M.
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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Please note, there is a significant difference between High Arctic's value and its price as these two are different measures arrived at by different means. Investors typically determine if High Arctic is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, High Arctic's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.

High Arctic Energy Return On Asset 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 return on asset 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 Return On Asset 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

Return On Equity

 = 

Net Income

Total Equity

 = 
-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.
Return on Asset or ROA shows how effective is the management of the company in generating income from utilizing all of the assets at their disposal. It is a useful ratio to evaluate the performance of different departments of a company as well as to understand management performance over time.

High Arctic

Return On Asset

 = 

Net Income

Total Assets

 = 
0.0072
Return on Asset measures overall efficiency of a company in generating profits from its total assets. It is expressed as the percentage of profits earned per dollar of Asset. A low ROA typically means that a company is asset-intensive and therefore will needs more money to continue generating revenue in the future.

High Return On Asset Comparison

High Arctic is currently under evaluation in return on asset 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 ReportedProjected for Next Year
Accumulated Other Comprehensive Income27 M28.3 M
Operating Income1.3 M1.3 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 Income2.2 M2.3 M
Net Interest Income1.8 M1.9 M
Change To Netincome18.3 M19.2 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.

Learn to be your own money manager

Our tools can tell you how much better you can do entering a position in High Arctic without increasing your portfolio risk or giving up the expected return. As an individual investor, you need to find a reliable way to track all your investment portfolios. However, your requirements will often be based on how much of the process you decide to do yourself. In addition to allowing all investors analytical transparency into all their portfolios, our tools can evaluate risk-adjusted returns of your individual positions relative to your overall portfolio.

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Bollinger Bands

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Use Investing Themes to Complement your High Arctic position

In addition to having High Arctic in your portfolios, you can quickly add positions using our predefined set of ideas and optimize them against your very unique investing style. A single investing idea is a collection of funds, stocks, ETFs, or cryptocurrencies that are programmatically selected from a pull of investment themes. After you determine your investment opportunity, you can then find an optimal portfolio that will maximize potential returns on the chosen idea or minimize its exposure to market volatility.

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Large Blend Funds
Large Blend Funds Theme
Fund or Etfs that invest in stocks of large organizations that have characteristics of both growth and value companies. The Large Blend Funds theme has 44 constituents at this time.
You can either use a buy-and-hold strategy to lock in the entire theme or actively trade it to take advantage of the short-term price volatility of individual constituents. Macroaxis can help you discover thousands of investment opportunities in different asset classes. In addition, you can partner with us for reliable portfolio optimization as you plan to utilize Large Blend Funds Theme or any other thematic opportunities.
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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.
Potential High Arctic investors and stakeholders can use historical trends found within financial statements to determine how well the company is positioned for the future. Although High Arctic investors may work on each financial statement separately, they are all related. The changes in High Arctic's assets and liabilities, for example, are also reflected in the revenues and expenses that we see on High Arctic's income statement, which results in the company's gains or losses. Cash flows can provide more information regarding cash listed on a balance sheet but not equivalent to net income shown on the income statement. Please read more on our technical analysis and fundamental analysis pages.