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ROA % is calculated as Net Income divided by its average Total Assets over a certain period of time. High Arctic Overseas Holdings's annualizedNet Income for the quarter that ended in Mar. 2026 was C$-9.26 Mil.
High Arctic Overseas Holdings's average Total Assets over the quarter that ended in Mar. 2026 was C$41.27 Mil. Therefore, High Arctic Overseas Holdings's annualized ROA % for the quarter that ended in Mar. 2026 was -22.44%.
The historical rank and industry rank for High Arctic Overseas Holdings's ROA % or its related term are showing as below:
TSXV:HOH'
s ROA % Range Over the Past 10 Years
Min: -18.23 Med: -8.62 Max: 7.5
Current: -14.29
During the past 5 years, High Arctic Overseas Holdings's highest ROA % was 7.50%. The lowest was -18.23%. And the median was -8.62%.
TSXV:HOH's ROA % is ranked worse than 83.56% of 1034
companies
in the Oil & Gas industry
Industry Median: 2.365
vs TSXV:HOH: -14.29
High Arctic Overseas Holdings (TSXV:HOH) ROA % Explanation
ROA % measures the rate of return on the total assets (shareholder equity plus liabilities). It measures a firm's efficiency at generating profits from shareholders' equity plus its liabilities. ROA % shows how well a company uses what it has to generate earnings. ROA %s can vary drastically across industries. Therefore, ROA % should not be used to compare companies in different industries. For retailers, a ROA % of higher than 5% is expected. For example, Wal-Mart (WMT) has a ROA % of about 8% as of 2012. For banks, ROA % is close to their interest spread. A banks ROA % is typically well under 2%.
Similar to ROE, ROA % is affected by profit margins and asset turnover. This can be seen from the Du Pont Formula:
Note:
The Net Income data used here is four times the quarterly (Mar. 2026) net income data. The Revenue data used here is four times the quarterly (Mar. 2026) revenue 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.
Be Aware
Like ROE, ROA % is calculated with only 12 months data. Fluctuations in the company's earnings or business cycles can affect the ratio drastically. It is important to look at the ratio from a long term perspective. ROA % can be affected by events such as stock buyback or issuance, and by goodwill, a company's tax rate and its interest payment. ROA % may not reflect the true earning power of the assets. A more accurate measurement is ROC % (ROC).
Many analysts argue the higher return the better. Buffett states that really high ROA % may indicate vulnerability in the durability of the competitive advantage.
E.g. Raising $43b to take on KO is impossible, but $1.7b to take on Moody's is. Although Moody's ROA % and underlying economics is far superior to Coca Cola, the durability is far weaker because of lower entry cost.
High Arctic Overseas Holdings ROA % Related Terms
High Arctic Overseas Holdings ROA % 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 Overseas Holdings's ROA %, along with its competitors' market caps and ROA % 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 ROA % vs Oil & Gas Industry
For the Oil & Gas industry and Energy sector, High Arctic Overseas Holdings's ROA % distribution charts can be found below:
* The bar in red indicates where High Arctic Overseas Holdings's ROA % 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.
In the calculation of annual ROA %, the net income of the last fiscal year and the average total assets over the fiscal year are used. In calculating the quarterly data,
the Net Income data used here is four times the quarterly (Mar. 2026) net income data.
ROA % is displayed in the 30-year financial page.
High Arctic Overseas Holdings (TSXV:HOH) has a ROA % of -22.44% as of Mar. 2026. Return on assets is the ratio of current-period net income to average two-period total assets. View historical data on High Arctic Overseas Holdings and its competitors. According to the industry distribution chart, High Arctic Overseas Holdings ranks #864 out of 1034 companies in the Oil & Gas industry, placing it in the top 83.6%.
Is High Arctic Overseas Holdings' ROA % too high?
High Arctic Overseas Holdings' current ROA % is -22.44%. Based on the distribution chart, High Arctic Overseas Holdings ranks #864 out of 1034 companies in the Oil & Gas industry, which is in the bottom quartile relative to peers. Overall, High Arctic Overseas Holdings has a GF Score™ of 16/100, reflecting its overall financial health beyond just this single metric.
How does High Arctic Overseas Holdings' ROA % compare to SLB and BKR?
According to the Oil & Gas industry distribution chart, High Arctic Overseas Holdings ranks #864 out of 1034 companies for ROA %. This places High Arctic Overseas Holdings in the lower half of its industry. The industry median ROA % is 2.37. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good ROA % for an Oil & Gas company?
The median ROA % among Oil & Gas companies is 2.37, based on 1,034 companies in the industry. Companies in the top quartile (top 25%) have a ROA % significantly above this median, while those in the bottom quartile fall well below. However, ROA % 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 ROA % mean?
A high ROA % can signal that a stock is expensive relative to its fundamentals. Return on assets is the ratio of current-period net income to average two-period total assets. View historical data on High Arctic Overseas Holdings and its competitors. For the Oil & Gas industry, the median ROA % is 2.37 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. High Arctic Overseas Holdings's current ROA % is -22.44%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is High Arctic Overseas Holdings stock overvalued right now?
High Arctic Overseas Holdings (TSXV:HOH) has a current ROA % of -22.44%. The current ROA % is -22.44%. High Arctic Overseas Holdings' overall GF Score™ is 16/100 with 7 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is ROA % calculated?
ROA % is calculated from a company's financial statements. For High Arctic Overseas Holdings (TSXV:HOH), the current ROA % is -22.44% 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.
High Arctic Overseas Holdings Corp is engaged in contract drilling, equipment rentals and other oilfield services to the oil and natural gas industry in Papua New Guinea (PNG) through a subsidiary in Singapore, two subsidiaries in PNG and a subsidiary in Australia. The company generates the majority of its revenue from Service revenue and derives a smaller proportion of its revenue from Equipment rental revenue.
16GF Score
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