Hillcrest Energy Technologies Ltd
Hillcrest Energy Technologies Ltd is a Canadian-based company that designs, develops, and markets energy management systems and related products for residential and commercial applications.
Business. Hillcrest Energy Technologies Ltd (HEAT.CD) is an industrial goods company operating within the electrical components and equipment industry. The firm generates revenue through the sale of products, though specific operating segments and geographic breakdowns are not disclosed. The company is listed under the ticker HEAT.CD.
At a glance
What drives this business
The watch-list the newsroom runs for this company — derived from its sector path, sharpened layer by layer. Not investment advice.
News & coverage
0Sector rotation
Developing storylines
Analysis
AI analysisOpportunity
Upcoming catalysts
Scheduled public events. Informational only — not investment advice.
- Macro
- Rate decisionBank of England rate decision (press conf.)2026-08-06 · GB
- Rate decisionReserve Bank of Australia rate decision (press conf.)2026-08-12 · AU
- Rate decisionNorges Bank rate decision (press conf.)2026-08-20 · NO
- Rate decisionSveriges Riksbank rate decision (press conf.)2026-09-03 · SE
- Rate decisionBank of Canada rate decision (press conf.)2026-09-09 · CA
- Rate decisionEuropean Central Bank rate decision (press conf.)2026-09-10 · EU
- Macro & political
- ElectionSE Swedish Election2026-09-14 · SE
- ElectionUS U.S. Midterms2026-11-03 · US
- ElectionFR French Legislative2027-06-01 · FR
Pre-earnings brief
Signals & dispatch
Composite-score breakdown
Synthesis
Hillcrest Energy Technologies Ltd (HEAT.CD) is an industrial goods company operating within the electrical components and equipment industry. The firm generates revenue through the sale of products, though specific operating segments and geographic breakdowns are not disclosed. The company is listed under the ticker HEAT.CD.
Hillcrest Energy Technologies Ltd has a current liquidity position that is weak, as indicated by a current ratio of 0.47, which is below the industry median. The company's liquidity_fpt metric shows a negative free cash flow of -1878960.0 CAD, and its operating cash flow is also negative at -4571590.0 CAD. The company's debt-to-equity ratio is 0.23, which is relatively low, but its net income is negative at -2002710.0 CAD, and its return on equity is -1.7871, indicating poor profitability.
The company's profitability is significantly below the industry median, with a return on assets of -0.7382 and a return on equity of -1.7871. These metrics suggest that the company is not generating returns that meet the expectations of its investors or the industry average. The company's operating income is also negative at -2030630.0 CAD, further highlighting its financial challenges.
Hillcrest Energy Technologies Ltd's revenue is primarily concentrated in its core business of energy management systems, with no disclosed geographic diversification. The company's total assets are 2713040.0 CAD, and its total liabilities are 1592410.0 CAD, with long-term debt at 262790.0 CAD. The company's capital expenditures are minimal at -24040.0 CAD, indicating a lack of investment in growth or expansion.
The company's growth trajectory is negative, with a net income of -2002710.0 CAD and a free cash flow of -1878960.0 CAD. The company's operating cash flow is also negative, indicating that it is not generating sufficient cash from operations to sustain its business. The company's capital expenditures are minimal, suggesting a lack of investment in future growth.
The company's risk assessment indicates a medium liquidity risk and a low dilution risk. The key flag of concern is that the company's net cash is negative after subtracting total debt, which could impact its ability to meet short-term obligations. The company's dilution potential is low, as the number of shares outstanding is the same for both basic and diluted shares.
Recent events and filings indicate that the company is facing financial challenges, with a negative net income and operating income. The company's operating cash flow is also negative, and its free cash flow is not sufficient to cover its capital expenditures. The company's financial position is further weakened by its negative return on equity and return on assets.
- Hillcrest Energy Technologies Ltd is experiencing significant financial losses, with a net income of -2002710.0 CAD and a return on equity of -1.7871.
- The company's liquidity position is weak, as indicated by a current ratio of 0.47 and a negative free cash flow of -1878960.0 CAD.
- The company's profitability is below the industry median, with a return on assets of -0.7382 and a return on equity of -1.7871.
- The company's capital expenditures are minimal, suggesting a lack of investment in future growth.
- The company's risk assessment indicates a medium liquidity risk and a low dilution risk.
- The company's financial position is further weakened by its negative operating cash flow and free cash flow.
Bull / Bear case
Generated · model-assistedIn focus — financials by report
Operating income −18,0% YoY; Net income −36,4% YoY.
- ▍Operating income −18,0% YoY
- ▍Net income −36,4% YoY
- ▍Free cash flow −30,8% YoY
Operating income -C$2.2M.
- ▍Operating income -C$2.2M
Operating income -C$4.3M.
- ▍Operating income -C$4.3M
Operating income -C$1.8M.
- ▍Operating income -C$1.8M
Operating income −31,1% YoY; Net income −28,0% YoY.
- ▍Operating income −31,1% YoY
- ▍Net income −28,0% YoY
- ▍Free cash flow −24,1% YoY
Operating income +52,1% YoY; Net income +51,8% YoY.
- ▍Operating income +52,1% YoY
- ▍Net income +51,8% YoY
- ▍Free cash flow +53,8% YoY
Valuation TTM
Revenue by segment
Business relationships
Supply chain
Peer comparison
Market position
Stress test
Predictor forecast
Options
Short squeeze
Earnings-call key lines
Estimate revisions
consensus EPS · 26-week trendSell-side observations
Themes
ESG
Risk factors
- Net cash is negative after subtracting total debt.
Benchmarks vs cohort
Corporate actions / M&A
FX exposure
Comparable transactions
Derivatives & instruments
Actions
Ask Handelsavisen
- Market data
- Market data cache
- Issuer disclosures
- Public news
- Earnings transcripts
- Consensus estimates
- ESG data
- Dilution Ratio(shares_outstanding_diluted - shares_outstanding_basic) / shares_outstanding_basic
- Net Cashcash_and_equivalents + short_term_investments - short_term_debt - long_term_debt
- Return On Equitynet_income / total_equity
- Debt To Equity(short_term_debt + long_term_debt) / total_equity
- Cash Conversion Ratiooperating_cash_flow / net_income
- Return On Assetsnet_income / total_assets
- Hillcrest Energy Technologies Ltd Market data — financials · 2026-05-28
Ownership & reference
Leadership
- Donald J. CurriePresident, Chief Executive Officer, Director