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High Arctic Energy ServicesHGHAF 33 Debt-to-Equity is 0.18 as of Mar. 2026, which is 200% above its 10-year median of 0.06. GuruFocus rates HGHAF with a GF Score™ of 33/100 and a GF Value™ of $0.80 (Modestly Undervalued). The stock has 3 warning signs investors should review. Among 810 Oil & Gas companies, High Arctic Energy Services ranks better than 72.47% on this metric.
A high debt to equity ratio generally means that a company has been aggressive in financing its growth with debt. This can result in volatile earnings as a result of the additional interest expense.
The historical rank and industry rank for High Arctic Energy Services's Debt-to-Equity or its related term are showing as below:
HGHAF'
s Debt-to-Equity Range Over the Past 10 Years
Min: 0 Med: 0.06 Max: 0.22
Current: 0.18
During the past 13 years, the highest Debt-to-Equity Ratio of High Arctic Energy Services was 0.22. The lowest was 0.00. And the median was 0.06.
HGHAF's Debt-to-Equity is ranked better than 72.47% of 810
companies
in the Oil & Gas industry
Industry Median: 0.45
vs HGHAF: 0.18
Because a company can increase its ROE % by having more financial leverage, it is important to watch the leverage ratio when investing in high ROE % companies.
High Arctic Energy Services Debt-to-Equity Related Terms
High Arctic Energy Services Debt-to-Equity 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 Debt-to-Equity, along with its competitors' market caps and Debt-to-Equity 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 Debt-to-Equity vs Oil & Gas Industry
For the Oil & Gas industry and Energy sector, High Arctic Energy Services's Debt-to-Equity distribution charts can be found below:
* The bar in red indicates where High Arctic Energy Services's Debt-to-Equity 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 Debt-to-Equity of 0.18 as of Mar. 2026. Debt-to-Equity ratio represents the ratio of total debt to total company equity. View historical data on High Arctic Energy Services and its competitors. This is 200% above median its historical median of 0.06. According to the industry distribution chart, High Arctic Energy Services ranks #223 out of 810 companies in the Oil & Gas industry, placing it in the top 27.5%.
Is High Arctic Energy Services' Debt-to-Equity too high?
High Arctic Energy Services' current Debt-to-Equity of 0.18 is 200% above median its 10-year median of 0.06. The Oil & Gas industry median Debt-to-Equity is 0.45. High Arctic Energy Services' value of 0.18 is 60% below this industry median. Based on the distribution chart, High Arctic Energy Services ranks #223 out of 810 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 Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does High Arctic Energy Services' Debt-to-Equity compare to SLB and BKR?
According to the Oil & Gas industry distribution chart, High Arctic Energy Services ranks #223 out of 810 companies for Debt-to-Equity. This puts High Arctic Energy Services in the upper half of its industry. The industry median Debt-to-Equity is 0.45. High Arctic Energy Services' value of 0.18 is 60% below this benchmark. While the company's 10-year median is 0.06 vs. the industry median of 0.45, High Arctic Energy Services has consistently been below 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 Debt-to-Equity for an Oil & Gas company?
The median Debt-to-Equity among Oil & Gas companies is 0.45, based on 810 companies in the industry. Companies in the top quartile (top 25%) have a Debt-to-Equity significantly above this median, while those in the bottom quartile fall well below. However, Debt-to-Equity should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. High Arctic Energy Services's current Debt-to-Equity of 0.18 is 60% below 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 Debt-to-Equity mean?
A high Debt-to-Equity can signal that a stock is expensive relative to its fundamentals. Debt-to-Equity ratio represents the ratio of total debt to total company equity. View historical data on High Arctic Energy Services and its competitors. For the Oil & Gas industry, the median Debt-to-Equity 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 Debt-to-Equity is 0.18, which is 200% above median its own 10-year median of 0.06. 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 Modestly Undervalued. The stock's GF Value™ is $0.80, compared to a current price of $0.67 — trading 16.3% below its estimated fair value. The current Debt-to-Equity is 0.18, which is 200% above median its 10-year median of 0.06 and 60% below 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 Debt-to-Equity calculated?
Debt-to-Equity is calculated from a company's financial statements. For High Arctic Energy Services (HGHAF), the current Debt-to-Equity is 0.18 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 $0.67 is trading 16.3% below its estimated GF Value™ of $0.80.
GuruFocus considers High Arctic Energy Services to be Modestly Undervalued.
Key valuation signals for HGHAF:
Debt-to-Equity: 0.18 (200% above median its 10-year median of 0.06)
GF Value™: $0.80 vs. price of $0.67 (16.3% below fair value)
Industry Position: 60% below the Oil & Gas median (#223 of 810)
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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