HGHAF (High Arctic Energy Services) Total Inventories: $0.02 Mil (As of Mar. 2026)


HGHAF High Arctic Energy Services Inc HGHAF
37 GF Score
Price $0.68
GF Value $0.86
Valuation Modestly Undervalued
! 3 Warning Signs
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What is High Arctic Energy Services Total Inventories?

High Arctic Energy Services HGHAF 37 Total Inventories is $0.02 Mil as of Mar. 2026. GuruFocus rates HGHAF with a GF Score™ of 37/100 and a GF Value™ of $0.86 (Modestly Undervalued). The stock has 3 warning signs investors should review.

High Arctic Energy Services's total inventories for the quarter that ended in Mar. 2026 was $0.02 Mil. High Arctic Energy Services's average total inventories from the quarter that ended in Dec. 2025 to the quarter that ended in Mar. 2026 was $0.02 Mil.

In Ben Graham's calculation of Net-Net Working Capital, inventory is only considered worth half of its book value. High Arctic Energy Services's Net-Net Working Capital per share for the quarter that ended in Mar. 2026 was $-0.11.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. High Arctic Energy Services's Days Inventory for the three months ended in Mar. 2026 was 0.91.

Inventory Turnover measures how fast the company turns over its inventory within a year. High Arctic Energy Services's Inventory Turnover for the quarter that ended in Mar. 2026 was 100.13.

Inventory-to-Revenue determines the ability of a company to manage their inventory levels. It measures the percentage of Inventories the company currently has on hand to support the current amount of Revenue. High Arctic Energy Services's Inventory-to-Revenue for the quarter that ended in Mar. 2026 was 0.01.


High Arctic Energy Services  (OTCPK:HGHAF) Total Inventories Explanation

Inventory control is an important part of business operation. If a company does not have enough inventory, it may not be able to meet customers' required delivery time. If it has too much inventory, the cost of holding the inventory can be high.

1. In Ben Graham's calculation of Net-Net Working Capital (NNWC), inventory is only considered worth half of its book value.

High Arctic Energy Services's Net-Net Working Capital Per Share for the quarter that ended in Mar. 2026 is

Net-Net Working Capital Per Share (Q: Mar. 2026 )
=(Cash And Cash Equivalents+0.75 * Accounts Receivable+0.5 * Total Inventories-Total Liabilities
-Preferred Stock-Minority Interest)/Shares Outstanding (EOP)
=(2.32+0.75 * 1.779+0.5 * 0.015-5.05
-0-0)/12.697
=-0.11

2. Days Inventory indicates the number of days of goods in sales that a company has in the inventory.

High Arctic Energy Services's Days Inventory for the three months ended in Mar. 2026 is calculated as:

Days Inventory=Average Total Inventories (Q: Mar. 2026 )/Cost of Goods Sold (Q: Mar. 2026 )*Days in Period
=0.015/1.502*365 / 4
=0.91

3. Inventory Turnover measures how fast the company turns over its inventory within a year.

High Arctic Energy Services's Inventory Turnover for the quarter that ended in Mar. 2026 is calculated as

Inventory Turnover=Cost of Goods Sold (Q: Mar. 2026 ) / Average Total Inventories (Q: Mar. 2026 )
=1.502 / 0.015
=100.13

4. Inventory-to-Revenue determines the ability of a company to manage their inventory levels. It measures the percentage of Inventories the company currently has on hand to support the current amount of Revenue.

High Arctic Energy Services's Inventory to Revenue for the quarter that ended in Mar. 2026 is calculated as

Inventory-to-Revenue=Average Total Inventories (Q: Mar. 2026 ) / Revenue (Q: Mar. 2026 )
=0.015 / 1.993
=0.01

* 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.


Be Aware

Manufacturers with durable competitive advantages have the advantage that the products they sell do not change, and therefore will never become obsolete. Buffett likes this advantage.

When identifying manufacturers with durable competitive advantage, look for inventory and net earnings that rise correspondingly. This indicates that the company is finding profitable ways to increase sales which called for an increase in inventory.

Manufacturers with inventories that spike up and down are indicative of competitive industries subject to boom and bust.


High Arctic Energy Services Total Inventories Related Terms


High Arctic Energy Services Total Inventories Historical Data

* Premium members only.

The historical data trend for High Arctic Energy Services's Total Inventories 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.

High Arctic Energy Services Total Inventories Chart

High Arctic Energy Services Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Total Inventories
Get a 7-Day Free Trial Premium Member Only Premium Member Only 7.14 6.70 6.99 0.05 0.02

High Arctic Energy Services Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
Total Inventories 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 0.02 0.02 0.02 0.02 0.02
HGHAF
37GF Score
High Arctic Energy Services Inc HGHAF
Total Inventories is just one metric. See GF Score™, valuation, warning signs, and more.
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High Arctic Energy Services Total Inventories Calculation

Total Inventories includes the raw materials, work-in-process goods and completely finished goods of a company. It is a portion of a company's current assets.

Frequently Asked Questions Learn more about Total Inventories →
What does a Total Inventories of $0.02 Mil mean?
High Arctic Energy Services (HGHAF) has a Total Inventories of $0.02 Mil as of Mar. 2026. The total amount of inventory as recorded on a company's balance sheet. View historical data for High Arctic Energy Services and its competitors.
Is High Arctic Energy Services' Total Inventories too high?
High Arctic Energy Services' current Total Inventories is $0.02 Mil. Overall, High Arctic Energy Services has a GF Score™ of 37/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does High Arctic Energy Services' Total Inventories compare to SLB and BKR?
High Arctic Energy Services' Total Inventories of $0.02 Mil can be compared against companies in the Oil & Gas industry. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Total Inventories for an Oil & Gas company?
A good Total Inventories depends on the Oil & Gas industry context. However, Total Inventories should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Total Inventories mean?
A high Total Inventories can signal that a stock is expensive relative to its fundamentals. The total amount of inventory as recorded on a company's balance sheet. View historical data for High Arctic Energy Services and its competitors. High Arctic Energy Services's current Total Inventories is $0.02 Mil. 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 $0.86, compared to a current price of $0.68 — trading 20.9% below its estimated fair value. The current Total Inventories is $0.02 Mil. High Arctic Energy Services' overall GF Score™ is 37/100 with 3 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Total Inventories calculated?
Total Inventories is calculated from a company's financial statements. For High Arctic Energy Services (HGHAF), the current Total Inventories is $0.02 Mil 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 $0.68 is trading 20.9% below its estimated GF Value™ of $0.86. GuruFocus considers High Arctic Energy Services to be Modestly Undervalued.

Key valuation signals for HGHAF:

  • Total Inventories: $0.02 Mil
  • GF Value™: $0.86 vs. price of $0.68 (20.9% below fair value)
  • GF Score™: 37/100 with 3 warning signs

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 Business Description

Industry EnergyOil & Gas
Other Exchanges HWO:Canada
Address Calgary Place I, 330 -5th Avenue 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 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.
37GF Score

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Total Inventories is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

$0.68
Price
$0.86
GF Value