High Total Stockholder Equity vs Common Stock Total Equity Analysis

HWO Stock  CAD 1.42  0.03  2.07%   
High Arctic financial indicator trend analysis is much more than just examining High Arctic Energy latest accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether High Arctic Energy is a good investment. Please check the relationship between High Arctic Total Stockholder Equity and its Common Stock Total Equity accounts. Check out Risk vs Return Analysis to better understand how to build diversified portfolios, which includes a position in High Arctic Energy. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in board of governors.

Total Stockholder Equity vs Common Stock Total Equity

Total Stockholder Equity vs Common Stock Total Equity Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of High Arctic Energy Total Stockholder Equity account and Common Stock Total Equity. At this time, the significance of the direction appears to have fragmental relationship.
The correlation between High Arctic's Total Stockholder Equity and Common Stock Total Equity is 0.55. Overlapping area represents the amount of variation of Total Stockholder Equity that can explain the historical movement of Common Stock Total Equity in the same time period over historical financial statements of High Arctic Energy, assuming nothing else is changed. The correlation between historical values of High Arctic's Total Stockholder Equity and Common Stock Total Equity is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Total Stockholder Equity of High Arctic Energy are associated (or correlated) with its Common Stock Total Equity. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Common Stock Total Equity has no effect on the direction of Total Stockholder Equity i.e., High Arctic's Total Stockholder Equity and Common Stock Total Equity go up and down completely randomly.

Correlation Coefficient

0.55
Relationship DirectionPositive 
Relationship StrengthWeak

Total Stockholder Equity

The total equity held by shareholders, calculated as the difference between a company's total assets and total liabilities. It represents the net value of the company owned by shareholders.

Common Stock Total Equity

The total value of common stock equity held by shareholders, representing their ownership interest in the company.
Most indicators from High Arctic's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into High Arctic Energy current financial condition. On the other hand, looking into the entire matrix of fundamental ratios indicators, and analyzing their relationships over time can provide a more complete picture of the company financial strength now and in the future. Check out Risk vs Return Analysis to better understand how to build diversified portfolios, which includes a position in High Arctic Energy. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in board of governors.
At this time, High Arctic's Selling General Administrative is very stable compared to the past year. As of the 23rd of May 2024, Sales General And Administrative To Revenue is likely to grow to 0.17, though Tax Provision is likely to grow to (3.2 M).
 2021 2022 2023 2024 (projected)
Interest Expense670K1.4M368K349.6K
Depreciation And Amortization23.6M17.7M20.4M19.7M

High Arctic fundamental ratios Correlations

-0.030.610.550.950.88-0.170.720.230.90.430.650.420.67-0.09-0.460.70.430.670.21-0.020.32-0.240.520.480.88
-0.03-0.010.38-0.140.140.630.10.560.13-0.24-0.1-0.15-0.170.110.30.580.05-0.320.51-0.25-0.180.27-0.06-0.01-0.03
0.61-0.010.640.610.69-0.220.660.260.660.290.570.410.13-0.43-0.020.62-0.140.470.46-0.060.3-0.240.820.710.41
0.550.380.640.370.580.270.590.710.560.050.65-0.080.02-0.12-0.120.860.050.410.87-0.190.040.20.550.470.36
0.95-0.140.610.370.86-0.370.640.050.880.440.530.650.77-0.16-0.470.570.460.720.050.130.45-0.460.550.540.84
0.880.140.690.580.86-0.060.90.461.00.450.550.340.54-0.02-0.320.770.370.430.3-0.190.18-0.050.730.720.72
-0.170.63-0.220.27-0.37-0.060.020.59-0.07-0.090.16-0.54-0.180.50.360.350.17-0.460.22-0.69-0.830.6-0.28-0.28-0.07
0.720.10.660.590.640.90.020.530.890.470.52-0.020.29-0.03-0.210.680.130.240.33-0.310.010.30.710.680.6
0.230.560.260.710.050.460.590.530.430.170.41-0.37-0.150.280.150.680.13-0.170.67-0.6-0.390.540.40.390.07
0.90.130.660.560.881.0-0.070.890.430.450.540.350.58-0.01-0.350.760.410.450.27-0.170.18-0.070.70.70.74
0.43-0.240.290.050.440.45-0.090.470.170.450.340.120.39-0.06-0.140.220.120.2-0.29-0.13-0.12-0.020.160.080.53
0.65-0.10.570.650.530.550.160.520.410.540.340.060.35-0.02-0.240.570.250.540.34-0.43-0.140.020.440.360.57
0.42-0.150.41-0.080.650.34-0.54-0.02-0.370.350.120.060.59-0.34-0.160.150.280.59-0.180.450.61-0.940.280.320.35
0.67-0.170.130.020.770.54-0.180.29-0.150.580.390.350.590.08-0.420.30.730.68-0.340.210.18-0.450.040.120.8
-0.090.11-0.43-0.12-0.16-0.020.5-0.030.28-0.01-0.06-0.02-0.340.08-0.09-0.050.69-0.41-0.17-0.52-0.620.36-0.23-0.15-0.03
-0.460.3-0.02-0.12-0.47-0.320.36-0.210.15-0.35-0.14-0.24-0.16-0.42-0.09-0.12-0.37-0.5-0.01-0.27-0.330.13-0.1-0.13-0.35
0.70.580.620.860.570.770.350.680.680.760.220.570.150.3-0.05-0.120.260.370.65-0.230.030.080.470.440.58
0.430.05-0.140.050.460.370.170.130.130.410.120.250.280.730.69-0.370.260.28-0.19-0.12-0.17-0.19-0.070.040.52
0.67-0.320.470.410.720.43-0.460.24-0.170.450.20.540.590.68-0.41-0.50.370.280.150.490.55-0.560.280.260.65
0.210.510.460.870.050.30.220.330.670.27-0.290.34-0.18-0.34-0.17-0.010.65-0.190.15-0.120.140.240.50.47-0.07
-0.02-0.25-0.06-0.190.13-0.19-0.69-0.31-0.6-0.17-0.13-0.430.450.21-0.52-0.27-0.23-0.120.49-0.120.75-0.56-0.18-0.140.04
0.32-0.180.30.040.450.18-0.830.01-0.390.18-0.12-0.140.610.18-0.62-0.330.03-0.170.550.140.75-0.630.280.280.17
-0.240.27-0.240.2-0.46-0.050.60.30.54-0.07-0.020.02-0.94-0.450.360.130.08-0.19-0.560.24-0.56-0.63-0.08-0.09-0.2
0.52-0.060.820.550.550.73-0.280.710.40.70.160.440.280.04-0.23-0.10.47-0.070.280.5-0.180.28-0.080.970.18
0.48-0.010.710.470.540.72-0.280.680.390.70.080.360.320.12-0.15-0.130.440.040.260.47-0.140.28-0.090.970.15
0.88-0.030.410.360.840.72-0.070.60.070.740.530.570.350.8-0.03-0.350.580.520.65-0.070.040.17-0.20.180.15
Click cells to compare fundamentals

High Arctic Account Relationship Matchups

High Arctic fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets251.8M214.2M185.5M134.0M123.1M201.6M
Short Long Term Debt Total10.7M19.2M16.5M5.7M5.1M4.9M
Other Current Liab10.7M500K664K470K540.5K513.5K
Total Current Liabilities26.2M11M15.4M9.8M16.5M15.6M
Total Stockholder Equity205.6M177.3M148.9M115.2M99.3M131.1M
Property Plant And Equipment Net181.5M147.8M130.6M54.3M30.2M28.7M
Net Debt1.4M(13.4M)4.5M(13.9M)(12.5M)(11.9M)
Retained Earnings(2.2M)(29.7M)(58.1M)(96.9M)(112.2M)(117.8M)
Accounts Payable13.9M9.1M13.4M8.7M5.4M5.1M
Non Current Assets Total189.1M158.4M140.3M64.7M43.7M41.5M
Net Receivables43.1M13.2M21.7M39.6M17.5M32.1M
Common Stock Shares Outstanding50.0M49.5M48.8M48.7M49.1M42.2M
Liabilities And Stockholders Equity251.8M214.2M185.5M134.0M154.1M201.7M
Other Stockholder Equity9.9M13.7M13.8M14.7M13.2M12.6M
Total Liab46.2M36.9M36.6M18.7M23.8M22.6M
Property Plant And Equipment Gross181.5M147.8M378.5M215.0M179.8M156.0M
Total Current Assets62.7M55.8M45.1M69.3M79.4M66.4M
Accumulated Other Comprehensive Income24.8M24M23.4M27.9M32.0M33.6M
Cash9.3M32.6M12.0M19.6M50.3M26.5M
Cash And Short Term Investments9.3M32.6M12.0M19.6M22.5M26.0M
Non Current Liabilities Total20M25.9M21.2M8.9M7.4M7.0M
Common Stock Total Equity195.5M187.5M183M169.3M152.4M149.7M
Common Stock173.1M169.3M169.7M169.6M152.6M142.0M
Other Liab10.2M8.1M6.1M3.9M4.5M8.1M
Net Tangible Assets205.6M177.3M148.9M115.2M103.7M145.7M
Property Plant Equipment181.5M147.8M130.6M54.3M48.9M46.5M
Long Term Debt Total9.1M17.8M15.1M5.0M5.8M7.2M
Capital Surpluse9.9M13.7M13.8M14.7M16.9M12.3M
Capital Lease Obligations10.7M9.2M8.4M1.5M2.8M5.1M
Net Invested Capital205.6M187.3M156.6M119.3M102.7M141.3M
Net Working Capital35.8M44.8M29.7M59.5M63.0M53.9M

Building efficient market-beating portfolios requires time, education, and a lot of computing power!

The Portfolio Architect is an AI-driven system that provides multiple benefits to our users by leveraging cutting-edge machine learning algorithms, statistical analysis, and predictive modeling to automate the process of asset selection and portfolio construction, saving time and reducing human error for individual and institutional investors.

Try AI Portfolio Architect
Check out Risk vs Return Analysis to better understand how to build diversified portfolios, which includes a position in High Arctic Energy. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in board of governors.
You can also try the Instant Ratings module to determine any equity ratings based on digital recommendations. Macroaxis instant equity ratings are based on combination of fundamental analysis and risk-adjusted market performance.

Complementary Tools for High Stock analysis

When running High Arctic's price analysis, check to measure High Arctic's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy High Arctic is operating at the current time. Most of High Arctic's value examination focuses on studying past and present price action to predict the probability of High Arctic's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move High Arctic's price. Additionally, you may evaluate how the addition of High Arctic to your portfolios can decrease your overall portfolio volatility.
Correlation Analysis
Reduce portfolio risk simply by holding instruments which are not perfectly correlated
Bonds Directory
Find actively traded corporate debentures issued by US companies
Crypto Correlations
Use cryptocurrency correlation module to diversify your cryptocurrency portfolio across multiple coins
Portfolio Volatility
Check portfolio volatility and analyze historical return density to properly model market risk
Insider Screener
Find insiders across different sectors to evaluate their impact on performance
Portfolio Dashboard
Portfolio dashboard that provides centralized access to all your investments
Risk-Return Analysis
View associations between returns expected from investment and the risk you assume
FinTech Suite
Use AI to screen and filter profitable investment opportunities
Alpha Finder
Use alpha and beta coefficients to find investment opportunities after accounting for the risk
Cryptocurrency Center
Build and monitor diversified portfolio of extremely risky digital assets and cryptocurrency
Please note, there is a significant difference between High Arctic's value and its price as these two are different measures arrived at by different means. Investors typically determine if High Arctic is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, High Arctic's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.