Headwater Exploration Inc
Headwater Exploration Inc. engages in the exploration, development, and production of petroleum and natural gas resources in Canada. It holds interest in the Marten Hills area located in Alberta; and the McCully Field area located in New Brunswick. The company was formerly known as Corridor Resources Inc. and changed its name to Headwater Exploration Inc. in March 2020. Headwater Exploration Inc.… Read more
Headwater Exploration Inc (CDDRF) - Cash Flow Conversion Efficiency
Latest cash flow conversion efficiency as of September 2025: 0.114x
Based on the latest financial reports, Headwater Exploration Inc (CDDRF) has a cash flow conversion efficiency ratio of 0.114x as of September 2025.
Cash flow conversion efficiency measures how effectively a company's net assets (equity) generate operating cash flow. It is calculated by dividing operating cash flow ($85.98 Million) by net assets ($753.18 Million). A higher ratio indicates that the company is more efficient at using its equity to generate cash flow from its core operations.
Headwater Exploration Inc - Cash Flow Conversion Efficiency Trend (1995–2024)
This chart illustrates how Headwater Exploration Inc's cash flow conversion efficiency has evolved over time, based on yearly financial data. Explore and compare other companies by cash flow conversion efficiency.
Headwater Exploration Inc Competitors by Cash Flow Conversion Efficiency
The table below lists competitors of Headwater Exploration Inc ranked by their cash flow conversion efficiency.
| Company | Cash Flow Conversion Efficiency |
|---|---|
|
Hotel Shilla Co Ltd
KO:008775
|
-0.137x |
|
TWO HARBORS INV. DL-0001
F:2H2
|
N/A |
|
Companhia Siderúrgica Nacional
MX:SIDN
|
0.023x |
|
The Navigator Company S.A
PINK:POELF
|
0.025x |
|
Guangdong Tapai Group Co Ltd
SHE:002233
|
0.014x |
|
Wisdom Marine Lines Co Ltd
TW:2637
|
1.471x |
|
Lecron Energy Saving Materials
SHE:300343
|
0.009x |
|
Basic-Fit N.V
PINK:BSFFF
|
0.741x |
Annual Cash Flow Conversion Efficiency for Headwater Exploration Inc (1995–2024)
The table below shows the annual cash flow conversion efficiency of Headwater Exploration Inc from 1995 to 2024.
| Year | Net Assets | Operating Cash Flow | Cash Flow Conversion Efficiency | Change |
|---|---|---|---|---|
| 2024-12-31 | $699.46 Million | $316.74 Million | 0.453x | -8.86% |
| 2023-12-31 | $610.50 Million | $303.32 Million | 0.497x | -4.92% |
| 2022-12-31 | $543.34 Million | $283.93 Million | 0.523x | +86.17% |
| 2021-12-31 | $397.79 Million | $111.66 Million | 0.281x | +32732.20% |
| 2020-12-31 | $269.03 Million | $230.00K | 0.001x | -98.90% |
| 2019-12-31 | $114.31 Million | $8.86 Million | 0.078x | -27.05% |
| 2018-12-31 | $111.70 Million | $11.87 Million | 0.106x | +1002.54% |
| 2017-12-31 | $111.74 Million | $1.08 Million | 0.010x | -74.74% |
| 2016-12-31 | $93.80 Million | $3.58 Million | 0.038x | -39.90% |
| 2015-12-31 | $122.82 Million | $7.80 Million | 0.063x | -23.52% |
| 2014-12-31 | $154.27 Million | $12.80 Million | 0.083x | +46.94% |
| 2013-12-31 | $171.40 Million | $9.68 Million | 0.056x | +59.86% |
| 2012-12-31 | $148.80 Million | $5.26 Million | 0.035x | -35.13% |
| 2011-12-31 | $195.14 Million | $10.63 Million | 0.054x | +1.28% |
| 2010-12-31 | $263.55 Million | $14.18 Million | 0.054x | -55.60% |
| 2009-12-31 | $270.02 Million | $32.71 Million | 0.121x | -37.64% |
| 2008-12-31 | $271.68 Million | $52.78 Million | 0.194x | +153.18% |
| 2007-12-31 | $200.42 Million | $15.38 Million | 0.077x | +1807.13% |
| 2006-12-31 | $131.47 Million | $529.00K | 0.004x | -88.57% |
| 2005-12-31 | $58.03 Million | $2.04 Million | 0.035x | -59.18% |
| 2004-12-31 | $17.08 Million | $1.47 Million | 0.086x | +212.75% |
| 2003-12-31 | $12.42 Million | $342.52K | 0.028x | +7.61% |
| 2002-12-31 | $12.57 Million | $322.16K | 0.026x | +133.09% |
| 2001-12-31 | $14.44 Million | $-1.12 Million | -0.077x | +44.20% |
| 2000-12-31 | $3.52 Million | $-487.97K | -0.139x | +24.84% |
| 1999-12-31 | $7.81 Million | $-1.44 Million | -0.185x | -482.63% |
| 1998-12-31 | $7.72 Million | $372.77K | 0.048x | -34.53% |
| 1997-12-31 | $4.56 Million | $336.35K | 0.074x | +149.35% |
| 1996-12-31 | $1.38 Million | $-205.82K | -0.149x | -139.95% |
| 1995-12-31 | $75.41K | $28.19K | 0.374x | -- |