HGHAF (High Arctic Energy Services) Total Assets: $21.85 Mil (As of Mar. 2026)


HGHAF High Arctic Energy Services Inc HGHAF
37 GF Score
Price $0.68
GF Value $0.82
Valuation Modestly Undervalued
! 3 Warning Signs
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What is High Arctic Energy Services Total Assets?

High Arctic Energy Services HGHAF 37 Total Assets is $21.85 Mil as of Mar. 2026. GuruFocus rates HGHAF with a GF Score™ of 37/100 and a GF Value™ of $0.82 (Modestly Undervalued). The stock has 3 warning signs investors should review.

High Arctic Energy Services's Total Assets for the quarter that ended in Mar. 2026 was $21.85 Mil.

During the past 3 years, the average Total Assets Growth Rate was -38.50% per year. During the past 5 years, the average Total Assets Growth Rate was -35.90% per year. During the past 10 years, the average Total Assets Growth Rate was -20.40% per year.

During the past 13 years, High Arctic Energy Services's highest 3-Year average Total Assets Growth Rate was 38.20%. The lowest was -45.70%. And the median was -6.55%.

Total Assets is connected with ROA %. High Arctic Energy Services's annualized ROA % for the quarter that ended in Mar. 2026 was 11.45%. Total Assets is also linked to Revenue through Asset Turnover. High Arctic Energy Services's Asset Turnover for the quarter that ended in Mar. 2026 was 0.09.

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

Total Assets is connected with ROA %.

High Arctic Energy Services's annualized ROA % for the quarter that ended in Mar. 2026 is

ROA %=Net Income (Q: Mar. 2026 )/( (Total Assets (Q: Dec. 2025 )+Total Assets (Q: Mar. 2026 ))/ count )
=2.492/( (21.662+21.852)/ 2 )
=2.492/21.757
=11.45 %

Note: The Net Income data used here is four times the quarterly (Mar. 2026) data.

In the article Joining The Dark Side: Pirates, Spies and Short Sellers, James Montier reported that In their US sample covering the period 1968-2003, Cooper et al find that firms with low asset growth outperformed firms with high asset growth by an astounding 20% p.a. equally weighted. Even when controlling for market, size and style, low asset growth firms outperformed high asset growth firms by 13% p.a. Therefore a company with fast asset growth may underperform.

Total Assets is linked to total revenue through Asset Turnover.

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

Asset Turnover
=Revenue (Q: Mar. 2026 )/( (Total Assets (Q: Dec. 2025 )+Total Assets (Q: Mar. 2026 ))/ count )
=1.993/( (21.662+21.852)/ 2 )
=1.993/21.757
=0.09

* 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.

Therefore, if a company grows its Total Assets faster than its Revenue, the Asset Turnover will decline. This might be a warning sign for the business.

High Arctic Energy Services Total Assets Related Terms

High Arctic Energy Services Total Assets Historical Data

* Premium members only.

The historical data trend for High Arctic Energy Services's Total 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 Energy Services Total Assets Chart

High Arctic Energy Services Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Total Assets
Get a 7-Day Free Trial Premium Member Only Premium Member Only 144.88 98.61 91.78 21.67 21.66

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 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 Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 20.89 21.04 21.62 21.66 21.85
HGHAF
37GF Score
High Arctic Energy Services Inc HGHAF
Total Assets is just one metric. See GF Score™, valuation, warning signs, and more.
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High Arctic Energy Services Total Assets Calculation

Total Assets are all the assets a company owns.

From the capital sources of the assets, some of the assets are funded through shareholder's paid in capital and retained earnings of the business. Others are funded through borrowed money.

High Arctic Energy Services's Total Assets for the fiscal year that ended in Dec. 2025 is calculated as

Total Assets=Total Equity (A: Dec. 2025 )+Total Liabilities (A: Dec. 2025 )
=15.979+5.683
=21.66

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

Total Assets=Total Equity (Q: Mar. 2026 )+Total Liabilities (Q: Mar. 2026 )
=16.802+5.05
=21.85

* 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.

Frequently Asked Questions Learn more about Total Assets →
What does a Total Assets of $21.85 Mil mean?
High Arctic Energy Services (HGHAF) has a Total Assets of $21.85 Mil as of Mar. 2026. The total amount of assets as recorded on a company's balance sheet. View historical data on High Arctic Energy Services and its competitors.
Is High Arctic Energy Services' Total Assets too high?
High Arctic Energy Services' current Total Assets is $21.85 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 Assets compare to SLB and BKR?
High Arctic Energy Services' Total Assets of $21.85 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 Assets for an Oil & Gas company?
A good Total Assets depends on the Oil & Gas industry context. However, Total 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 Total Assets mean?
A high Total Assets can signal that a stock is expensive relative to its fundamentals. The total amount of assets as recorded on a company's balance sheet. View historical data on High Arctic Energy Services and its competitors. High Arctic Energy Services's current Total Assets is $21.85 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 $0.82, compared to a current price of $0.68 — trading 17.1% below its estimated fair value. The current Total Assets is $21.85 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 Assets calculated?
Total Assets is calculated from a company's financial statements. For High Arctic Energy Services (HGHAF), the current Total Assets is $21.85 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 17.1% below its estimated GF Value™ of $0.82. GuruFocus considers High Arctic Energy Services to be Modestly Undervalued.

Key valuation signals for HGHAF:

  • Total Assets: $21.85 Mil
  • GF Value™: $0.82 vs. price of $0.68 (17.1% 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 Assets is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

$0.68
Price
$0.82
GF Value