High Arctic Overseas Holdings (TSXV:HOH) Scaled Net Operating Assets: 0.49 (As of Mar. 2026)

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TSXV:HOH High Arctic Overseas Holdings Corp TSXV:HOH
16 GF Score
Price C$2.30
! 7 Warning Signs
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What is High Arctic Overseas Holdings Scaled Net Operating Assets?

High Arctic Overseas Holdings TSXV:HOH +14.43% 16 Scaled Net Operating Assets is 0.49 as of Mar. 2026. GuruFocus rates TSXV:HOH with a GF Score™ of 16/100. The stock has 7 warning signs investors should review.

Scaled Net Operating Assets (SNOA) is calculated as the difference between operating assets and operating liabilities, scaled by lagged total assets.

High Arctic Overseas Holdings's operating assets for the quarter that ended in Mar. 2026 was C$25.66 Mil. High Arctic Overseas Holdings's operating liabilities for the quarter that ended in Mar. 2026 was C$5.02 Mil. High Arctic Overseas Holdings's Total Assets for the quarter that ended in Dec. 2025 was C$41.78 Mil. Therefore, High Arctic Overseas Holdings's scaled net operating assets (SNOA) for the quarter that ended in Mar. 2026 was 0.49.


High Arctic Overseas Holdings Scaled Net Operating Assets Historical Data

* Premium members only.

The historical data trend for High Arctic Overseas Holdings's Scaled Net Operating Assets 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 Overseas Holdings Scaled Net Operating Assets Chart

High Arctic Overseas Holdings Annual Data
Trend Dec21 Dec22 Dec23 Dec24 Dec25
Scaled Net Operating Assets
0.81 0.60 0.45 0.40 0.42

High Arctic Overseas Holdings Quarterly Data
Dec21 Dec22 Mar23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
Scaled Net Operating Assets Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 0.46 0.44 0.47 0.49 0.49

TSXV:HOH vs SLB, BKR, FTI: Scaled Net Operating Assets Comparison

For the Oil & Gas Equipment & Services subindustry, High Arctic Overseas Holdings's Scaled Net Operating Assets, along with its competitors' market caps and Scaled Net Operating Assets 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 Scaled Net Operating Assets vs Oil & Gas Industry

For the Oil & Gas industry and Energy sector, High Arctic Overseas Holdings's Scaled Net Operating Assets distribution charts can be found below:

* The bar in red indicates where High Arctic Overseas Holdings's Scaled Net Operating Assets falls into.


TSXV:HOH
16GF Score
High Arctic Overseas Holdings Corp TSXV:HOH
Scaled Net Operating Assets is just one metric. See GF Score™, valuation, warning signs, and more.
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High Arctic Overseas Holdings Scaled Net Operating Assets Calculation

Scaled Net Operating Assets (SNOA) is calculated as the difference between operating assets and operating liabilities, scaled by lagged total assets.

High Arctic Overseas Holdings's Scaled Net Operating Assets (SNOA) for the fiscal year that ended in Dec. 2025 is calculated as

Scaled Net Operating Assets (SNOA)(A: Dec. 2025 )
=(Operating Assets (A: Dec. 2025 )-Operating Liabilities (A: Dec. 2025 ))/Total Assets (A: Dec. 2024 )
=(25.286-4.376)/50.273
=0.42

where

Operating Assets(A: Dec. 2025 )
=Total Assets - Cash, Cash Equivalents, Marketable Securities
=41.777 - 16.491
=25.286

Operating Liabilities(A: Dec. 2025 )
=Total Liabilities - Long-Term Debt & Capital Lease Obligation - Short-Term Debt & Capital Lease Obligation
=4.515 - 0 - 0.139
=4.376

High Arctic Overseas Holdings's Scaled Net Operating Assets (SNOA) for the quarter that ended in Mar. 2026 is calculated as

Scaled Net Operating Assets (SNOA)(Q: Mar. 2026 )
=(Operating Assets (Q: Mar. 2026 )-Operating Liabilities (Q: Mar. 2026 ))/Total Assets (Q: Dec. 2025 )
=(25.661-5.017)/41.777
=0.49

where

Operating Assets(Q: Mar. 2026 )
=Total Assets - Cash, Cash Equivalents, Marketable Securities
=40.768 - 15.107
=25.661

Operating Liabilities(Q: Mar. 2026 )
=Total Liabilities - Long-Term Debt & Capital Lease Obligation - Short-Term Debt & Capital Lease Obligation
=5.956 - 0.401 - 0.538
=5.017

* 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.

What does a Scaled Net Operating Assets of 0.49 mean?
High Arctic Overseas Holdings (TSXV:HOH) has a Scaled Net Operating Assets of 0.49 as of Mar. 2026. Scaled net operating assets equals current-period operating assets less operating liabilities less prior-period total assets. View historical data on High Arctic Overseas Holdings and its competitors.
Is High Arctic Overseas Holdings' Scaled Net Operating Assets too high?
High Arctic Overseas Holdings' current Scaled Net Operating Assets is 0.49. 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' Scaled Net Operating Assets compare to SLB and BKR?
High Arctic Overseas Holdings' Scaled Net Operating Assets of 0.49 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 Scaled Net Operating Assets for an Oil & Gas company?
A good Scaled Net Operating Assets depends on the Oil & Gas industry context. However, Scaled Net Operating Assets 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 Scaled Net Operating Assets mean?
A high Scaled Net Operating Assets can signal that a stock is expensive relative to its fundamentals. Scaled net operating assets equals current-period operating assets less operating liabilities less prior-period total assets. View historical data on High Arctic Overseas Holdings and its competitors. High Arctic Overseas Holdings's current Scaled Net Operating Assets is 0.49. 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 Scaled Net Operating Assets of 0.49. The current Scaled Net Operating Assets is 0.49. 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 Scaled Net Operating Assets calculated?
Scaled Net Operating Assets is calculated from a company's financial statements. For High Arctic Overseas Holdings (TSXV:HOH), the current Scaled Net Operating Assets is 0.49 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 Business Description

Industry EnergyOil & Gas
Address 330 - 5th Avenue Southwest, Suite 2350, Calgary, AB, CAN, T2P 0L4
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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