Headwater Exploration Inc (HWX) - Cash Flow Conversion Efficiency
Based on the latest financial reports, Headwater Exploration Inc (HWX) has a cash flow conversion efficiency ratio of 0.053x as of March 2026. 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 (CA$40.07 Million ≈ $28.99 Million USD) by net assets (CA$757.57 Million ≈ $548.01 Million USD). A higher ratio indicates that the company is more efficient at using its equity to generate cash flow from its core operations. Also see market value of Headwater Exploration Inc for the company's overall valuation and market capitalisation.
Headwater Exploration Inc - Cash Flow Conversion Efficiency Trend (1995–2025)
This chart illustrates how Headwater Exploration Inc's cash flow conversion efficiency has evolved over time, based on yearly financial data.
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. Explore HWX cash flow quality index to measure how well operating cash flow supports reported net income.
| Company | Cash Flow Conversion Efficiency |
|---|---|
|
GQG Partners Inc
AU:GQG
|
0.528x |
|
CarGurus
NASDAQ:CARG
|
0.622x |
|
Triputra Agro Persada Tbk PT
JK:TAPG
|
0.081x |
|
Shake Shack Inc
NYSE:SHAK
|
0.054x |
|
Jenoptik AG
F:JEN
|
0.034x |
|
Beijing Jiuzhou Yi Gui Environmental Technology Co. Ltd.
SHG:688485
|
N/A |
|
Newell Brands Inc
NASDAQ:NWL
|
0.012x |
|
Pou Chen Corp
TW:9904
|
0.006x |
Annual Cash Flow Conversion Efficiency for Headwater Exploration Inc (1995–2025)
The table below shows the annual cash flow conversion efficiency of Headwater Exploration Inc from 1995 to 2025. View HWX live share price for real-time trading data and today's change.
| Year | Net Assets | Operating Cash Flow | Cash Flow Conversion Efficiency | Change |
|---|---|---|---|---|
| 2025-12-31 | CA$748.15 Million ≈ $541.20 Million |
CA$299.14 Million ≈ $216.39 Million |
0.400x | -11.70% |
| 2024-12-31 | CA$699.46 Million ≈ $505.98 Million |
CA$316.74 Million ≈ $229.12 Million |
0.453x | -8.86% |
| 2023-12-31 | CA$610.50 Million ≈ $441.62 Million |
CA$303.32 Million ≈ $219.41 Million |
0.497x | -4.92% |
| 2022-12-31 | CA$543.34 Million ≈ $393.04 Million |
CA$283.93 Million ≈ $205.39 Million |
0.523x | +86.17% |
| 2021-12-31 | CA$397.79 Million ≈ $287.76 Million |
CA$111.66 Million ≈ $80.77 Million |
0.281x | +32732.20% |
| 2020-12-31 | CA$269.03 Million ≈ $194.61 Million |
CA$230.00K ≈ $166.38K |
0.001x | -98.90% |
| 2019-12-31 | CA$114.31 Million ≈ $82.69 Million |
CA$8.86 Million ≈ $6.41 Million |
0.078x | -27.05% |
| 2018-12-31 | CA$111.70 Million ≈ $80.80 Million |
CA$11.87 Million ≈ $8.59 Million |
0.106x | +1002.54% |
| 2017-12-31 | CA$111.74 Million ≈ $80.83 Million |
CA$1.08 Million ≈ $779.09K |
0.010x | -74.74% |
| 2016-12-31 | CA$93.80 Million ≈ $67.86 Million |
CA$3.58 Million ≈ $2.59 Million |
0.038x | -39.90% |
| 2015-12-31 | CA$122.82 Million ≈ $88.84 Million |
CA$7.80 Million ≈ $5.64 Million |
0.063x | -23.52% |
| 2014-12-31 | CA$154.27 Million ≈ $111.60 Million |
CA$12.80 Million ≈ $9.26 Million |
0.083x | +46.94% |
| 2013-12-31 | CA$171.40 Million ≈ $123.99 Million |
CA$9.68 Million ≈ $7.00 Million |
0.056x | +59.86% |
| 2012-12-31 | CA$148.80 Million ≈ $107.64 Million |
CA$5.26 Million ≈ $3.80 Million |
0.035x | -35.13% |
| 2011-12-31 | CA$195.14 Million ≈ $141.16 Million |
CA$10.63 Million ≈ $7.69 Million |
0.054x | +1.28% |
| 2010-12-31 | CA$263.55 Million ≈ $190.65 Million |
CA$14.18 Million ≈ $10.25 Million |
0.054x | -55.60% |
| 2009-12-31 | CA$270.02 Million ≈ $195.33 Million |
CA$32.71 Million ≈ $23.66 Million |
0.121x | -37.64% |
| 2008-12-31 | CA$271.68 Million ≈ $196.53 Million |
CA$52.78 Million ≈ $38.18 Million |
0.194x | +153.18% |
| 2007-12-31 | CA$200.42 Million ≈ $144.98 Million |
CA$15.38 Million ≈ $11.13 Million |
0.077x | +1807.13% |
| 2006-12-31 | CA$131.47 Million ≈ $95.10 Million |
CA$529.00K ≈ $382.67K |
0.004x | -88.57% |
| 2005-12-31 | CA$58.03 Million ≈ $41.98 Million |
CA$2.04 Million ≈ $1.48 Million |
0.035x | -59.52% |
| 2004-12-31 | CA$16.93 Million ≈ $12.25 Million |
CA$1.47 Million ≈ $1.07 Million |
0.087x | +215.38% |
| 2003-12-31 | CA$12.42 Million ≈ $8.98 Million |
CA$342.52K ≈ $247.77K |
0.028x | +7.61% |
| 2002-12-31 | CA$12.57 Million ≈ $9.09 Million |
CA$322.16K ≈ $233.04K |
0.026x | +133.09% |
| 2001-12-31 | CA$14.44 Million ≈ $10.45 Million |
CA$-1.12 Million ≈ $-808.97K |
-0.077x | +41.13% |
| 2000-12-31 | CA$3.71 Million ≈ $2.68 Million |
CA$-487.97K ≈ $-352.99K |
-0.132x | +28.97% |
| 1999-12-31 | CA$7.81 Million ≈ $5.65 Million |
CA$-1.45 Million ≈ $-1.05 Million |
-0.185x | -483.74% |
| 1998-12-31 | CA$7.72 Million ≈ $5.59 Million |
CA$372.77K ≈ $269.66K |
0.048x | -34.53% |
| 1997-12-31 | CA$4.56 Million ≈ $3.30 Million |
CA$336.35K ≈ $243.31K |
0.074x | +151.93% |
| 1996-12-31 | CA$1.45 Million ≈ $1.05 Million |
CA$-205.82K ≈ $-148.89K |
-0.142x | -137.97% |
| 1995-12-31 | CA$75.41K ≈ $54.55K |
CA$28.19K ≈ $20.39K |
0.374x | -- |
About 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. The company was incorporat… Read more