Headwater Exploration Inc (HWX) — Capital Reinvestment Ratio
Latest as of March 2026:
1.67x
Headwater Exploration Inc (HWX) has a Capital Reinvestment Ratio of 1.67x as of March 2026, meaning it reinvests 2% of its operating cash flow (CA$40.07 Million) in capital expenditures (CA$66.74 Million). See HWX free cash flow generation to measure how efficiently the company converts operating cash flow to free cash.
Capital Reinvestment Ratio
1.67x
Capex / Operating Cash Flow
Operating Cash Flow
CA$40.07 Million
CAD
Capital Expenditures
CA$66.74 Million
CAD
Data as of
Mar 2026
Most recent filing
Headwater Exploration Inc Capital Reinvestment Ratio (1997–2025)
This chart tracks Headwater Exploration Inc's Capital Reinvestment Ratio across 26 annual periods.
Annual Capital Reinvestment Ratio for Headwater Exploration Inc (1997–2025)
Year-by-year Capital Reinvestment Ratio for Headwater Exploration Inc from 1997 to 2025. For live market cap and broader valuation context, see market cap of Headwater Exploration Inc.
| Year | Reinvestment Ratio | Operating CF (CAD) | Capital Expenditures | YoY Change |
|---|---|---|---|---|
| 2025 | 0.63x | CA$299.14 Million | CA$187.12 Million | ▼ -11.1% |
| 2024 | 0.70x | CA$316.74 Million | CA$222.87 Million | ▼ -11.1% |
| 2023 | 0.79x | CA$303.32 Million | CA$240.07 Million | ▼ -9.7% |
| 2022 | 0.88x | CA$283.93 Million | CA$248.92 Million | ▼ -30.3% |
| 2021 | 1.26x | CA$111.66 Million | CA$140.39 Million | ▼ -99.2% |
| 2020 | 152.43x | CA$230.00K | CA$35.06 Million | ▲ +197074.8% |
| 2019 | 0.08x | CA$8.86 Million | CA$685.00K | ▼ -59.3% |
| 2018 | 0.19x | CA$11.87 Million | CA$2.25 Million | ▲ +102.5% |
| 2017 | 0.09x | CA$1.08 Million | CA$101.00K | ▼ -20.1% |
| 2016 | 0.12x | CA$3.58 Million | CA$420.00K | ▲ +129.3% |
| 2015 | 0.05x | CA$7.80 Million | CA$399.00K | ▼ -96.6% |
| 2014 | 1.50x | CA$12.80 Million | CA$19.19 Million | ▲ +1251.3% |
| 2013 | 0.11x | CA$9.68 Million | CA$1.07 Million | ▲ +190.2% |
| 2012 | 0.04x | CA$5.26 Million | CA$201.00K | ▼ -95.5% |
| 2011 | 0.84x | CA$10.63 Million | CA$8.95 Million | ▼ -45.4% |
| 2010 | 1.54x | CA$14.18 Million | CA$21.87 Million | ▲ +31.6% |
| 2009 | 1.17x | CA$32.71 Million | CA$38.36 Million | ▼ -22.4% |
| 2008 | 1.51x | CA$52.78 Million | CA$79.73 Million | ▼ -79.5% |
| 2007 | 7.36x | CA$15.38 Million | CA$113.15 Million | ▼ -87.0% |
| 2006 | 56.60x | CA$529.00K | CA$29.94 Million | ▲ +778.9% |
| 2005 | 6.44x | CA$2.04 Million | CA$13.16 Million | ▲ +58303.4% |
| 2004 | 0.01x | CA$1.47 Million | CA$16.24K | ▼ -82.5% |
| 2003 | 0.06x | CA$342.52K | CA$21.56K | ▼ -99.6% |
| 2002 | 15.63x | CA$322.16K | CA$5.03 Million | ▲ +60.2% |
| 1998 | 9.75x | CA$372.77K | CA$3.64 Million | ▲ +11148.7% |
| 1997 | 0.09x | CA$336.35K | CA$29.16K | — |
Capital Reinvestment Ratio = ABS(Capital Expenditures) / Operating Cash Flow