High Historical Income Statement
| HWO Stock | CAD 0.85 0.01 1.16% |
Historical analysis of High Arctic income statement accounts such as Selling General Administrative of 10.2 M or Total Revenue of 9.9 M can show how well High Arctic Energy performed in making a profits. Evaluating High Arctic income statement over time to spot trends is a great complementary tool to traditional technical analysis and can indicate the direction of High Arctic's future profits or losses.
Financial Statement Analysis is much more than just reviewing and examining High Arctic Energy latest accounting reports to predict its past. Macroaxis encourages investors to analyze financial statements over time for various trends across multiple indicators and accounts to determine whether High Arctic Energy is a good buy for the upcoming year.
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About High Income Statement Analysis
High Arctic Energy Income Statement consists of revenues and expenses along with the resulting net income or loss. It represents the profit for the accounting period attributable to High Arctic shareholders. The income statement also shows High investors and management if the firm made money during the period reported. The result of an income statement is the net income that is calculated after subtracting the expenses from revenue. It is essential to investors both as an absolute measure as well as earnings per share (i.e., EPS).
High Arctic Income Statement Chart
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Total Revenue
Total revenue comprises all receipts High Arctic Energy generated from the sale of its products or services. The total amount of income generated by the sale of goods or services related to the company's primary operations.Other Operating Expenses
Other Operating Expenses is the expense which generally does not depend on sales or production quantities of High Arctic Energy. It is also known as High Arctic overhead expenses. Typically these expenses include marketing, rent and utilities, office, leases, and other overhead cost. Expenses incurred from non-core business activities, including administrative and general expenses, but excluding costs directly related to production.Cost Of Revenue
Cost of Revenue is found on High Arctic Energy income statement and represents the costs associated with goods and services High Arctic provides. Indirect cost, such as salaries, is not included. In other words, cost of revenue is the total cost incurred to obtain a sale. It is more than the traditional cost of goods sold, since it includes specific selling and marketing activities.Most accounts from High Arctic's income statement are interrelated and interconnected. However, analyzing income statement accounts 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 income statement accounts, 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 closely tied with the direction of predictive economic indicators such as signals in board of governors. At this time, High Arctic's Interest Income is very stable compared to the past year. As of the 23rd of July 2025, Net Interest Income is likely to grow to about 1.4 M, while Interest Expense is likely to drop about 220.4 K.
| 2022 | 2023 | 2024 | 2025 (projected) | Interest Expense | 1.4M | 368K | 232K | 220.4K | Depreciation And Amortization | 17.1M | 10.0M | 11.4M | 19.2M |
High Arctic income statement Correlations
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High Arctic Account Relationship Matchups
High Positive Relationship
High Negative Relationship
High Arctic income statement Accounts
| 2020 | 2021 | 2022 | 2023 | 2024 | 2025 (projected) | ||
| Depreciation And Amortization | 35.5M | 23.6M | 17.1M | 10.0M | 11.4M | 19.2M | |
| Selling General Administrative | 12.7M | 11.0M | 11.3M | 9.8M | 5.6M | 10.2M | |
| Total Revenue | 90.8M | 76.4M | 80.0M | 61.9M | 10.5M | 9.9M | |
| Gross Profit | (14.2M) | (8.4M) | (5.8M) | 11.3M | 5.2M | 4.9M | |
| Other Operating Expenses | 118.3M | 95.9M | 96.7M | 60.6M | 69.7M | 139.0M | |
| Operating Income | (27.8M) | (19.5M) | (16.6M) | 1.3M | (3.0M) | (2.8M) | |
| Ebit | (25.1M) | (19.2M) | (26.5M) | (16.7M) | (15.0M) | (14.3M) | |
| Ebitda | 10.4M | 4.4M | (9.4M) | (6.7M) | (6.0M) | (5.7M) | |
| Cost Of Revenue | 105M | 84.9M | 85.8M | 50.6M | 5.3M | 5.0M | |
| Income Before Tax | (26.2M) | (19.9M) | (27.7M) | (16.3M) | (2.1M) | (2.0M) | |
| Total Other Income Expense Net | 1.3M | (486K) | (11.0M) | (17.6M) | (454K) | (476.7K) | |
| Net Income | (25.9M) | (18.6M) | (36.6M) | (13.1M) | 28.3M | 29.7M | |
| Income Tax Expense | (300K) | (1.3M) | 8.9M | (3.4M) | (3.1M) | (2.9M) | |
| Net Income From Continuing Ops | (25.9M) | (18.6M) | (36.6M) | (12.8M) | (2.1M) | (2.0M) | |
| Net Income Applicable To Common Shares | (25.9M) | (18.6M) | (36.6M) | (13.1M) | 28.3M | 29.7M | |
| Tax Provision | (300K) | (1.3M) | 8.9M | (3.4M) | 9K | 8.6K | |
| Interest Income | 1.3M | 867K | 620K | 2.2M | 870K | 1.1M | |
| Reconciled Depreciation | 35.5M | 23.6M | 17.7M | 10.0M | 2.6M | 2.5M |
Pair Trading with High Arctic
One of the main advantages of trading using pair correlations is that every trade hedges away some risk. Because there are two separate transactions required, even if High Arctic position performs unexpectedly, the other equity can make up some of the losses. Pair trading also minimizes risk from directional movements in the market. For example, if an entire industry or sector drops because of unexpected headlines, the short position in High Arctic will appreciate offsetting losses from the drop in the long position's value.Moving against High Stock
The ability to find closely correlated positions to High Arctic could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace High Arctic when you sell it. If you don't do this, your portfolio allocation will be skewed against your target asset allocation. So, investors can't just sell and buy back High Arctic - that would be a violation of the tax code under the "wash sale" rule, and this is why you need to find a similar enough asset and use the proceeds from selling High Arctic Energy to buy it.
The correlation of High Arctic is a statistical measure of how it moves in relation to other instruments. This measure is expressed in what is known as the correlation coefficient, which ranges between -1 and +1. A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as High Arctic moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if High Arctic Energy moves in either direction, the perfectly negatively correlated security will move in the opposite direction. If the correlation is 0, the equities are not correlated; they are entirely random. A correlation greater than 0.8 is generally described as strong, whereas a correlation less than 0.5 is generally considered weak.
Correlation analysis and pair trading evaluation for High Arctic can also be used as hedging techniques within a particular sector or industry or even over random equities to generate a better risk-adjusted return on your portfolios.Other Information on Investing in High Stock
High Arctic Energy Income Statement consists of revenues and expenses along with the resulting net income or loss. It represents the profit for the accounting period attributable to High Arctic shareholders. The income statement also shows High investors and management if the firm made money during the period reported. The result of an income statement is the net income that is calculated after subtracting the expenses from revenue. It is essential to investors both as an absolute measure as well as earnings per share (i.e., EPS).