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High Arctic Energy Services (FRA:6LQ) FCF Yield % : 21.55 (As of May. 28, 2024)


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What is High Arctic Energy Services FCF Yield %?

FCF Yield % is calculated as Free Cash Flow divided by Market Capitalization. It is a financial solvency ratio that compares the free cash flow a company is expected to earn against its market value.

As of today, High Arctic Energy Services's Trailing 12-Month Free Cash Flow is €10.64 Mil, and Market Cap is €48.70 Mil. Therefore, High Arctic Energy Services's FCF Yield % for today is 21.55%.

The historical rank and industry rank for High Arctic Energy Services's FCF Yield % or its related term are showing as below:

FRA:6LQ' s FCF Yield % Range Over the Past 10 Years
Min: -21.32   Med: 10.24   Max: 31.73
Current: 21.55


During the past 13 years, the highest FCF Yield % of High Arctic Energy Services was 31.73%. The lowest was -21.32%. And the median was 10.24%.

FRA:6LQ's FCF Yield % is ranked better than
88.53% of 1081 companies
in the Oil & Gas industry
Industry Median: 1.99 vs FRA:6LQ: 21.55

High Arctic Energy Services's FCF Margin % for the quarter that ended in Mar. 2024 was 35.46%.


High Arctic Energy Services FCF Yield % Historical Data

The historical data trend for High Arctic Energy Services's FCF Yield % 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 FCF Yield % Chart

High Arctic Energy Services Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
FCF Yield %
Get a 7-Day Free Trial Premium Member Only Premium Member Only -1.96 28.52 -13.22 5.15 18.14

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
FCF Yield % 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 -0.14 1.73 6.76 61.71 49.42

Competitive Comparison of High Arctic Energy Services's FCF Yield %

For the Oil & Gas Equipment & Services subindustry, High Arctic Energy Services's FCF Yield %, along with its competitors' market caps and FCF Yield % 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 FCF Yield % Distribution in the Oil & Gas Industry

For the Oil & Gas industry and Energy sector, High Arctic Energy Services's FCF Yield % distribution charts can be found below:

* The bar in red indicates where High Arctic Energy Services's FCF Yield % falls into.



High Arctic Energy Services FCF Yield % Calculation

FCF Yield % is a financial solvency ratio that compares the free cash flow a company is expected to earn against its market value.

High Arctic Energy Services's FCF Yield % for the fiscal year that ended in Dec. 2023 is calculated as

FCF Yield %=Free Cash Flow / Market Cap
=6.327 / 34.876833
=18.14%

High Arctic Energy Services's annualized FCF Yield % for the quarter that ended in Mar. 2024 is calculated as

FCF Yield %=Free Cash Flow * Annualized Factor / Market Cap
=4.339 * 4 / 35.1224445
=49.42%

* 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 FCF Yield % Explanation

Similar to Earnings Yield %, FCF Yield % is financial solvency ratio. A lower ratio suggests a less attractive investment, indicating that investors might not receive substantial returns in proportion to their investment. Conversely, a high free cash flow yield signals that a company generates sufficient cash to comfortably meet its debts, obligations, and dividend payments, making it a promising investment choice.


High Arctic Energy Services FCF Yield % Related Terms

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High Arctic Energy Services (FRA:6LQ) 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.

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