Headwater Exploration Inc Capital Reinvestment Ratio
Headwater Exploration Inc capital reinvestment ratio. 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
Operating Cash Flow
Capital Expenditures
Data as of
Capital Reinvestment Ratio of Headwater Exploration Inc (1997–2025)
Capital reinvestment ratio of Headwater Exploration Inc from 1997 to 2025. This chart tracks Headwater Exploration Inc's Capital Reinvestment Ratio across 26 annual periods. See HWX free cash flow debt coverage to measure the company's free cash flow as a share of total liabilities.
Headwater Exploration Inc Capital Reinvestment Ratio by Year (1997–2025)
Headwater Exploration Inc capital reinvestment ratio by year from 1997 to 2025. For the full cash flow conversion analysis, see HWX cash flow conversion.
| 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 | — |