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 Headwater Exploration Inc (HWX) defensive interval to measure how many days the company can operate on defensive assets alone.
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.
| Company | Cash Flow Conversion Efficiency |
|---|---|
|
Compania Cervecerias Unidas SA
SN:CCU
|
-0.020x |
|
TriNet Group Inc
NYSE:TNET
|
1.795x |
|
Payoneer Global Inc
NASDAQ:PAYO
|
0.079x |
|
Shenzhen Overseas Chinese Town Co Ltd
SHE:000069
|
0.045x |
|
Hunan Yujing Machinery Co Ltd Class A
SHE:002943
|
0.105x |
|
Pandox AB (publ)
ST:PNDX-B
|
0.016x |
|
Brightstar Lottery PLC
NYSE:BRSL
|
0.078x |
|
Hammond Power Solutions Inc
TO:HPS-A
|
0.031x |
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 Headwater Exploration Inc market cap and net 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