Headwater Exploration Inc Cash Flow Quality Index
Headwater Exploration Inc cash flow quality index. Headwater Exploration Inc (HWX) has a Cash Flow Quality Index of 1.13x as of March 2026. Operating cash flow of CA$40.07 Million exceeds net income of CA$35.57 Million, indicating high earnings quality where cash backs reported profits. Explore HWX operating cash to total liabilities to assess how comfortably operating cash covers total debt obligations.
Cash Flow Quality Index
Operating Cash Flow
Net Income
Data as of
Cash Flow Quality Index of Headwater Exploration Inc (2004–2025)
Cash flow quality index of Headwater Exploration Inc from 2004 to 2025. Historical Cash Flow Quality Index for Headwater Exploration Inc across 14 annual periods. Values consistently above 1.0x indicate high-quality earnings. See HWX equity financing ratio to measure how much of total assets are equity-financed.
Headwater Exploration Inc Cash Flow Quality Index by Year (2004–2025)
Headwater Exploration Inc cash flow quality index by year from 2004 to 2025. Year-by-year earnings quality comparison for Headwater Exploration Inc. For the full cash flow conversion analysis, see cash efficiency ratio of Headwater Exploration Inc.
| Year | Quality Index | Operating CF (CAD) | Net Income | YoY Change |
|---|---|---|---|---|
| 2025 | 1.95x | CA$299.14 Million | CA$153.21 Million | ▲ +15.9% |
| 2024 | 1.68x | CA$316.74 Million | CA$188.03 Million | ▼ -13.3% |
| 2023 | 1.94x | CA$303.32 Million | CA$156.07 Million | ▲ +11.0% |
| 2022 | 1.75x | CA$283.93 Million | CA$162.11 Million | ▼ -28.1% |
| 2021 | 2.44x | CA$111.66 Million | CA$45.83 Million | ▲ +7004.8% |
| 2020 | 0.03x | CA$230.00K | CA$6.71 Million | ▼ -98.9% |
| 2019 | 3.15x | CA$8.86 Million | CA$2.81 Million | ▲ +5084.6% |
| 2017 | 0.06x | CA$1.08 Million | CA$17.74 Million | ▼ -85.9% |
| 2013 | 0.43x | CA$9.68 Million | CA$22.45 Million | ▼ -97.8% |
| 2009 | 19.62x | CA$32.71 Million | CA$1.67 Million | ▲ +723.5% |
| 2008 | 2.38x | CA$52.78 Million | CA$22.15 Million | ▼ -37.3% |
| 2007 | 3.80x | CA$15.38 Million | CA$4.05 Million | ▲ +108.2% |
| 2005 | 1.82x | CA$2.04 Million | CA$1.12 Million | ▼ -2.6% |
| 2004 | 1.87x | CA$1.47 Million | CA$786.31K | — |