HGHAF (High Arctic Energy Services) Notes Receivable: $1.51 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 Notes Receivable?

High Arctic Energy Services HGHAF 37 Notes Receivable is $1.51 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 Notes Receivable for the quarter that ended in Mar. 2026 was $1.51 Mil.

High Arctic Energy Services's quarterly Notes Receivable increased from Sep. 2025 ($0.77 Mil) to Dec. 2025 ($0.85 Mil) and increased from Dec. 2025 ($0.85 Mil) to Mar. 2026 ($1.51 Mil).

High Arctic Energy Services's annual Notes Receivable increased from Dec. 2023 ($0.56 Mil) to Dec. 2024 ($0.75 Mil) and increased from Dec. 2024 ($0.75 Mil) to Dec. 2025 ($0.85 Mil).

High Arctic Energy Services Notes Receivable Related Terms

High Arctic Energy Services Notes Receivable Historical Data

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The historical data trend for High Arctic Energy Services's Notes Receivable 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 Notes Receivable Chart

High Arctic Energy Services Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Notes Receivable
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.00 0.00 0.56 0.75 0.85

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
Notes Receivable 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 0.74 0.78 0.77 0.85 1.51
HGHAF
37GF Score
High Arctic Energy Services Inc HGHAF
Notes Receivable is just one metric. See GF Score™, valuation, warning signs, and more.
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High Arctic Energy Services Notes Receivable Calculation

Notes Receivable is an unconditional promise to receive a definite sum of money at a future date(s) within one year of the balance sheet date or the normal operating cycle, whichever is longer.

Frequently Asked Questions Learn more about Notes Receivable →
What does a Notes Receivable of $1.51 Mil mean?
High Arctic Energy Services (HGHAF) has a Notes Receivable of $1.51 Mil as of Mar. 2026. Notes Receivable is an unconditional promise to receive a definite sum of money within one year. View historical data on High Arctic Energy Services and its competitors.
Is High Arctic Energy Services' Notes Receivable too high?
High Arctic Energy Services' current Notes Receivable is $1.51 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' Notes Receivable compare to SLB and BKR?
High Arctic Energy Services' Notes Receivable of $1.51 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 Notes Receivable for an Oil & Gas company?
A good Notes Receivable depends on the Oil & Gas industry context. However, Notes Receivable 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 Notes Receivable mean?
A high Notes Receivable can signal that a stock is expensive relative to its fundamentals. Notes Receivable is an unconditional promise to receive a definite sum of money within one year. View historical data on High Arctic Energy Services and its competitors. High Arctic Energy Services's current Notes Receivable is $1.51 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 Notes Receivable is $1.51 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 Notes Receivable calculated?
Notes Receivable is calculated from a company's financial statements. For High Arctic Energy Services (HGHAF), the current Notes Receivable is $1.51 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:

  • Notes Receivable: $1.51 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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Notes Receivable is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

$0.68
Price
$0.86
GF Value