High Arctic Energy Services Stock

High Arctic Energy Services ROA 2024

High Arctic Energy Services ROA

0

Ticker

HWO.TO

ISIN

CA4296442060

WKN

A1JB5E

In 2024, High Arctic Energy Services's return on assets (ROA) was 0, a -100% increase from the -0.27 ROA in the previous year.

High Arctic Energy Services Aktienanalyse

What does High Arctic Energy Services do?

High Arctic Energy Services Inc is a Canadian energy company that specializes in services and solutions for the oil, gas, and mining industries. The company has been operating since 1993 and is headquartered in Red Deer, Alberta, Canada. Since 2003, High Arctic Energy Services Inc has been listed on the Toronto Stock Exchange. High Arctic Energy Services ist eines der beliebtesten Unternehmen auf Eulerpool.com.

ROA Details

Understanding High Arctic Energy Services's Return on Assets (ROA)

High Arctic Energy Services's Return on Assets (ROA) is a key performance indicator that measures the company's profitability in relation to its total assets. It is calculated by dividing the net income by the total assets. A higher ROA indicates efficient asset utilization to generate profits, reflecting managerial effectiveness and financial health.

Year-to-Year Comparison

Comparing High Arctic Energy Services's ROA year-over-year provides insights into the company’s operational efficiency and asset utilization trends. An increasing ROA demonstrates enhanced asset efficiency and profitability, while a declining ROA can indicate operational or financial challenges.

Impact on Investments

Investors consider High Arctic Energy Services's ROA as a crucial metric to evaluate the company’s profitability and efficiency. A higher ROA signifies that the company is effectively utilizing its assets to generate profits, making it a potentially attractive investment.

Interpreting ROA Fluctuations

Variations in High Arctic Energy Services’s ROA can be attributed to changes in net income, asset purchases, or operational efficiencies. Analyzing these fluctuations assists in assessing the company's financial performance, management efficiency, and strategic financial positioning.

Frequently Asked Questions about High Arctic Energy Services stock

What is the Return on Assets (ROA) of High Arctic Energy Services this year?

The Return on Assets (ROA) of High Arctic Energy Services is 0 undefined this year.

What was the ROA of High Arctic Energy Services compared to the previous year?

The ROA of High Arctic Energy Services has increased by -100% compared to the previous year.

What consequences do high ROA have for investors of High Arctic Energy Services?

A high ROA is advantageous for investors of High Arctic Energy Services, as it indicates that the company efficiently utilizes its assets and generates good profits.

What are the consequences of low ROA for investors in High Arctic Energy Services?

A low ROA can be unfavorable for investors of High Arctic Energy Services as it indicates that the company is inefficiently utilizing its assets and may potentially achieve lower profits.

How does an increase in the ROA of High Arctic Energy Services affect the company?

An increase in ROA of High Arctic Energy Services can be an indicator of improved efficiency in asset utilization and higher profitability.

How does a reduction in ROA of High Arctic Energy Services impact the company?

A reduction in the ROA of High Arctic Energy Services can be an indicator of lower asset efficiency and profitability.

What are some factors that can influence the ROA of High Arctic Energy Services?

Some factors that can influence the ROA of High Arctic Energy Services include revenue, operating costs, asset structure, and industry average.

Why is the ROA of High Arctic Energy Services important for investors?

The ROA of High Arctic Energy Services is important for investors as it is an indicator of the company's profitability and efficiency in utilizing assets. It provides investors with information on how well the company utilizes its resources to generate profits.

What strategic measures can High Arctic Energy Services take to improve ROA?

To improve ROA, High Arctic Energy Services can take measures such as cost savings, revenue growth, optimizing asset structure, and diversifying its business activities. It is important for the company to conduct a thorough review of its financial situation to determine the best strategic measures to improve ROA.

How much dividend does High Arctic Energy Services pay?

Over the past 12 months, High Arctic Energy Services paid a dividend of 0.05 CAD . This corresponds to a dividend yield of about 4.02 %. For the coming 12 months, High Arctic Energy Services is expected to pay a dividend of 0.04 CAD.

What is the dividend yield of High Arctic Energy Services?

The current dividend yield of High Arctic Energy Services is 4.02 %.

When does High Arctic Energy Services pay dividends?

High Arctic Energy Services pays a quarterly dividend. This is distributed in the months of September, October, August, August.

How secure is the dividend of High Arctic Energy Services?

High Arctic Energy Services paid dividends every year for the past 15 years.

What is the dividend of High Arctic Energy Services?

For the upcoming 12 months, dividends amounting to 0.04 CAD are expected. This corresponds to a dividend yield of 3.64 %.

In which sector is High Arctic Energy Services located?

High Arctic Energy Services is assigned to the 'Energy' sector.

Wann musste ich die Aktien von High Arctic Energy Services kaufen, um die vorherige Dividende zu erhalten?

To receive the latest dividend of High Arctic Energy Services from 7/17/2024 amounting to 0.76 CAD, you needed to have the stock in your portfolio before the ex-date on 7/18/2024.

When did High Arctic Energy Services pay the last dividend?

The last dividend was paid out on 7/17/2024.

What was the dividend of High Arctic Energy Services in the year 2023?

In the year 2023, High Arctic Energy Services distributed 0.05 CAD as dividends.

In which currency does High Arctic Energy Services pay out the dividend?

The dividends of High Arctic Energy Services are distributed in CAD.

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Andere Kennzahlen von High Arctic Energy Services

Our stock analysis for High Arctic Energy Services Revenue stock includes important financial indicators such as revenue, profit, P/E ratio, P/S ratio, EBIT, as well as information on dividends. We also assess aspects such as stocks, market capitalization, debt, equity, and liabilities of High Arctic Energy Services Revenue. If you are looking for more detailed information on these topics, we offer comprehensive analyses on our subpages.