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High Arctic Overseas Holdings (TSXV:HOH) Debt-to-Revenue : 0.02 (As of Dec. 2023)


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What is High Arctic Overseas Holdings Debt-to-Revenue?

Debt-to-Revenue measures a company's ability to pay off its debt.

High Arctic Overseas Holdings's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was C$0.63 Mil. High Arctic Overseas Holdings's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was C$0.68 Mil. High Arctic Overseas Holdings's annualized Revenue for the quarter that ended in Dec. 2023 was C$58.20 Mil. High Arctic Overseas Holdings's annualized Debt-to-Revenue for the quarter that ended in Dec. 2023 was 0.02.


High Arctic Overseas Holdings Debt-to-Revenue Historical Data

The historical data trend for High Arctic Overseas Holdings's Debt-to-Revenue 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.

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High Arctic Overseas Holdings Debt-to-Revenue Chart

High Arctic Overseas Holdings Annual Data
Trend Dec21 Dec22 Dec23
Debt-to-Revenue
0.01 0.02 0.02

High Arctic Overseas Holdings Semi-Annual Data
Dec21 Dec22 Dec23
Debt-to-Revenue 0.01 0.02 0.02

Competitive Comparison of High Arctic Overseas Holdings's Debt-to-Revenue

For the Oil & Gas Equipment & Services subindustry, High Arctic Overseas Holdings's Debt-to-Revenue, along with its competitors' market caps and Debt-to-Revenue 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 Overseas Holdings's Debt-to-Revenue Distribution in the Oil & Gas Industry

For the Oil & Gas industry and Energy sector, High Arctic Overseas Holdings's Debt-to-Revenue distribution charts can be found below:

* The bar in red indicates where High Arctic Overseas Holdings's Debt-to-Revenue falls into.



High Arctic Overseas Holdings Debt-to-Revenue Calculation

Debt-to-Revenue measures a company's ability to pay off its debt.

High Arctic Overseas Holdings's Debt-to-Revenue for the fiscal year that ended in Dec. 2023 is calculated as

Debt-to-Revenue=Total Debt / Revenue
=(Short-Term Debt & Capital Lease Obligation + Long-Term Debt & Capital Lease Obligation) / Revenue
=(0.625 + 0.68) / 58.199
=0.02

High Arctic Overseas Holdings's annualized Debt-to-Revenue for the quarter that ended in Dec. 2023 is calculated as

Debt-to-Revenue=Total Debt / Revenue
=(Short-Term Debt & Capital Lease Obligation + Long-Term Debt & Capital Lease Obligation) / Revenue
=(0.625 + 0.68) / 58.199
=0.02

* 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.

In the calculation of annual Debt-to-Revenue, the Revenue of the last fiscal year is used. In calculating the annualized quarterly data, the Revenue data used here is one times the quarterly (Dec. 2023) Revenue data.


High Arctic Overseas Holdings Debt-to-Revenue Related Terms

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High Arctic Overseas Holdings Business Description

Comparable Companies
Traded in Other Exchanges
N/A
Address
330 - 5th Avenue SW, Suite 2350, Calgary, AB, CAN, T2P 0L4
High Arctic Overseas Holdings Corp provides drilling and specialized well completion services manpower solutions and supplies rental equipment including rig matting, camps, material handling, and drilling support equipment in Papua New Guinea. The segments of the company are Drilling services, Ancillary services, Production services.

High Arctic Overseas Holdings Headlines

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