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High Arctic Energy Services has a Cash Ratio of 1.00. It generally indicates that the company is able to cover all short-term debt and still have cash remaining.
The historical rank and industry rank for High Arctic Energy Services's Cash Ratio or its related term are showing as below:
HGHAF'
s Cash Ratio Range Over the Past 10 Years
Min: 0.35 Med: 1.05 Max: 4.76
Current: 1
During the past 13 years, High Arctic Energy Services's highest Cash Ratio was 4.76. The lowest was 0.35. And the median was 1.05.
HGHAF's Cash Ratio is ranked better than 70.21% of 977
companies
in the Oil & Gas industry
Industry Median: 0.45
vs HGHAF: 1.00
High Arctic Energy Services (OTCPK:HGHAF) Cash Ratio Explanation
The cash ratio is more conservative than other liquidity ratios, such as Quick Ratio and Current Ratio, because it only considers a company's most liquid resources. The numerator of cash ratio only considers Cash, Cash Equivalents and marketable securities. Other current assets, such as accounts receivable and inventories, are not included. The rationale is that these assets may require time to be transformed into cash, and the amount of money received is also uncertain.
The cash ratio shows a company’s ability to pay all current liabilities immediately without selling or liquidating other assets. Generally speaking, a higher cash ratio suggests the company has a stronger ability to cover its short-term debt. However, a high cash ratio could also indicate inefficient management: the company is inefficient in making full utilization of cash to invest protential profitable project. It may also suggest that the company is not confident about future profitability.
In general, the higher the cash ratio, the better the company's liquidity position.
High Arctic Energy Services Cash Ratio Related Terms
High Arctic Energy Services Cash Ratio Historical Data
* 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.
For the Oil & Gas Equipment & Services subindustry, High Arctic Energy Services's Cash Ratio, along with its competitors' market caps and Cash Ratio 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 Cash Ratio vs Oil & Gas Industry
For the Oil & Gas industry and Energy sector, High Arctic Energy Services's Cash Ratio distribution charts can be found below:
* The bar in red indicates where High Arctic Energy Services's Cash Ratio falls into.
* 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 (HGHAF) has a Cash Ratio of 1.00 as of Mar. 2026. Cashflow ratio is the ratio of Cash, Cash Equivalents, Marketable Securities to current liabilities. View historical data on High Arctic Energy Services and its competitors. This is near median its historical median of 1.05. Over the past decade, High Arctic Energy Services' Cash Ratio has ranged from 0.35 to 4.76. According to the industry distribution chart, High Arctic Energy Services ranks #291 out of 977 companies in the Oil & Gas industry, placing it in the top 29.8%.
Is High Arctic Energy Services' Cash Ratio too high?
High Arctic Energy Services' current Cash Ratio of 1.00 is near median its 10-year median of 1.05. Over the past 10 years, this metric has ranged from a low of 0.35 to a high of 4.76. The Oil & Gas industry median Cash Ratio is 0.45. High Arctic Energy Services' value of 1.00 is 122.2% above this industry median. Based on the distribution chart, High Arctic Energy Services ranks #291 out of 977 companies in the Oil & Gas industry, which is above the industry midpoint. Overall, High Arctic Energy Services has a GF Score™ of 33/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does High Arctic Energy Services' Cash Ratio compare to SLB and BKR?
According to the Oil & Gas industry distribution chart, High Arctic Energy Services ranks #291 out of 977 companies for Cash Ratio. This puts High Arctic Energy Services in the upper half of its industry. The industry median Cash Ratio is 0.45. High Arctic Energy Services' value of 1.00 is 122.2% above this benchmark. Historically, High Arctic Energy Services' own Cash Ratio has ranged from 0.35 to 4.76 over the past decade. While the company's 10-year median is 1.05 vs. the industry median of 0.45, High Arctic Energy Services has consistently been above the industry average. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Cash Ratio for an Oil & Gas company?
The median Cash Ratio among Oil & Gas companies is 0.45, based on 977 companies in the industry. Companies in the top quartile (top 25%) have a Cash Ratio significantly above this median, while those in the bottom quartile fall well below. However, Cash Ratio should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. High Arctic Energy Services's current Cash Ratio of 1.00 is 122.2% above the industry median. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Cash Ratio mean?
A high Cash Ratio can signal that a stock is expensive relative to its fundamentals. Cashflow ratio is the ratio of Cash, Cash Equivalents, Marketable Securities to current liabilities. View historical data on High Arctic Energy Services and its competitors. For the Oil & Gas industry, the median Cash Ratio is 0.45 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. High Arctic Energy Services's current Cash Ratio is 1.00, which is near median its own 10-year median of 1.05. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is High Arctic Energy Services stock overvalued right now?
Based on GuruFocus' analysis, High Arctic Energy Services (HGHAF) is currently considered Fairly Valued. The stock's GF Value™ is $0.80, compared to a current price of $0.73 — trading 9.4% below its estimated fair value. The current Cash Ratio is 1.00, which is near median its 10-year median of 1.05 and 122.2% above the Oil & Gas industry median of 0.45. High Arctic Energy Services' overall GF Score™ is 33/100 with 3 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Cash Ratio calculated?
Cash Ratio is calculated from a company's financial statements. For High Arctic Energy Services (HGHAF), the current Cash Ratio is 1.00 as of Mar. 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.
Is High Arctic Energy Services (HGHAF) Overvalued in 2026?
Based on GuruFocus' analysis, High Arctic Energy Services stock appears to be undervalued.
The current stock price of $0.73 is trading 9.4% below its estimated GF Value™ of $0.80.
GuruFocus considers High Arctic Energy Services to be Fairly Valued.
Key valuation signals for HGHAF:
Cash Ratio: 1.00 (near median its 10-year median of 1.05)
GF Value™: $0.80 vs. price of $0.73 (9.4% below fair value)
Industry Position: 122.2% above the Oil & Gas median (#291 of 977)
No single metric tells the full story. See the HGHAF stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
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 and the Rental Services segment consists of High Arctic's oilfield rental equipment of pressure control and other oilfield equipment to exploration and production companies in Canada. The Rental Services segment generates the majority company's revenue.
33GF Score
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