Headwater Exploration Inc (HWX) — 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 cash flow metrics to assess how effectively this company generates cash.
Cash Flow Quality Index
Operating Cash Flow
Net Income
Data as of
Headwater Exploration Inc Cash Flow Quality Index (2004–2025)
Historical Cash Flow Quality Index for Headwater Exploration Inc across 14 annual periods. Values consistently above 1.0x indicate high-quality earnings. Check Headwater Exploration Inc (HWX) reinvestment rate to assess the company's total reinvestment commitment from operating cash flow.
Annual Cash Flow Quality Index for Headwater Exploration Inc (2004–2025)
Year-by-year earnings quality comparison for Headwater Exploration Inc. For live market cap and the full company financial profile, see how much is Headwater Exploration Inc worth.
| 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 | — |