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. See how leveraged is Headwater Exploration Inc's balance sheet to measure how much of total assets are equity-financed.
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. Check how high is Headwater Exploration Inc's earnings quality to evaluate the quality of earnings relative to operating cash generation.
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 |
|---|---|
|
Shandong Iron and Steel Co Ltd
SHG:600022
|
0.016x |
|
BIEM.L .FDLKK Garment Co Ltd
SHE:002832
|
0.029x |
|
Crane NXT Co
NYSE:CXT
|
-0.011x |
|
Frontken Corporation Bhd
KLSE:0128
|
0.036x |
|
Super Retail Group Ltd
AU:SUL
|
0.298x |
|
CPI Europe AG
VI:CPI
|
0.027x |
|
Monadelphous Group Ltd
AU:MND
|
0.312x |
|
Suzhou TZTEK Technology Co Ltd
SHG:688003
|
0.001x |
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. For the full company profile with market capitalisation and key ratios, see how much is Headwater Exploration Inc worth.
| 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