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High Arctic Energy Services (TSX:HWO) Capex-to-Operating-Income : 0.38 (As of Mar. 2024)


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What is High Arctic Energy Services Capex-to-Operating-Income?

Capex-to-Operating-Income measures a company's investments in physical assets such as property, industrial buildings or equipment to its operating income.

High Arctic Energy Services's Capital Expenditure for the three months ended in Mar. 2024 was C$-1.05 Mil. Its Operating Income for the three months ended in Mar. 2024 was C$2.76 Mil.

Hence, High Arctic Energy Services's Capex-to-Operating-Income for the three months ended in Mar. 2024 was 0.38.


High Arctic Energy Services Capex-to-Operating-Income Historical Data

The historical data trend for High Arctic Energy Services's Capex-to-Operating-Income can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

* Premium members only.

High Arctic Energy Services Capex-to-Operating-Income Chart

High Arctic Energy Services Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Capex-to-Operating-Income
Get a 7-Day Free Trial Premium Member Only Premium Member Only - - - - 1.45

High Arctic Energy Services Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
Capex-to-Operating-Income Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only - 0.54 2.28 0.08 0.38

Competitive Comparison of High Arctic Energy Services's Capex-to-Operating-Income

For the Oil & Gas Equipment & Services subindustry, High Arctic Energy Services's Capex-to-Operating-Income, along with its competitors' market caps and Capex-to-Operating-Income data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


High Arctic Energy Services's Capex-to-Operating-Income Distribution in the Oil & Gas Industry

For the Oil & Gas industry and Energy sector, High Arctic Energy Services's Capex-to-Operating-Income distribution charts can be found below:

* The bar in red indicates where High Arctic Energy Services's Capex-to-Operating-Income falls into.



High Arctic Energy Services Capex-to-Operating-Income Calculation

High Arctic Energy Services's Capex-to-Operating-Income for the fiscal year that ended in Dec. 2023 is calculated as

Capex-to-Operating-Income=- Capital Expenditure / Operating Income
=- (-1.959) / 1.348
=1.45

High Arctic Energy Services's Capex-to-Operating-Income for the quarter that ended in Mar. 2024 is calculated as

Capex-to-Operating-Income=- Capital Expenditure / Operating Income
=- (-1.05) / 2.756
=0.38

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.


High Arctic Energy Services  (TSX:HWO) Capex-to-Operating-Income Explanation

Capex-to-Operating-Income assesses how much emphasis a company is placing upon investing in capital-intensive projects. The ratio is generally a good gauge to quantify how much focus on growth a company has. Typically, smaller companies that are still growing and expanding will have a higher Capex to Operating Income Ratio, since such businesses are likely investing more in physical assets. Lower ratios could indicate that a company has reached maturity and it is no longer pursuing aggressive growth.


High Arctic Energy Services Capex-to-Operating-Income Related Terms

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High Arctic Energy Services (TSX:HWO) Business Description

Traded in Other Exchanges
Address
330 - 5th Ave SW., Suite 2350, Calgary, AB, CAN, T2P 0L4
High Arctic Energy Services Inc is engaged in providing contract drilling, well servicing, completion services, equipment rentals, and other oilfield services to the oil and natural gas industry in Papua New Guinea and Canada. The operating segments of the company are the Drilling Services segment which consists of drilling services; the Production Services segment which consists of well servicing and snubbing services; the Ancillary Services segment which provides rental equipment, nitrogen transport services, and engineering consulting to various companies within the oil and gas sector and Corporate segment. The Production Services segment generates the company's revenue.
Executives
Douglas John Strong Director

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