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 Headwater Exploration Inc (HWX) investment intensity to see how much of total assets are deployed in long-term investments.
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 tangible net worth ratio to evaluate the tangible quality of the company's equity base.
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 Headwater Exploration Inc market cap and net 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 | — |