Headwater Exploration Inc Defensive Interval Ratio

Latest as of March 2026: 193 days

Headwater Exploration Inc defensive interval ratio. Headwater Exploration Inc (HWX) has a Defensive Interval Ratio of 193 days as of March 2026. Defensive assets of CA$80.32 Million (cash CA$-, short-term investments CA$-, receivables CA$80.32 Million) cover 193 days of daily cash needs of CA$416.14K/day. Explore investment intensity of Headwater Exploration Inc to see how much of total assets are deployed in long-term investments.

Defensive Interval Ratio

193 days
Days of operational coverage

Defensive Assets

CA$80.32 Million
Cash + ST Investments + Receivables

Daily Cash Need

CA$416.14K
Current Liabilities ÷ 365

Current Liabilities

CA$151.89 Million
CAD

Defensive Interval Ratio of Headwater Exploration Inc (1997–2025)

Defensive interval ratio of Headwater Exploration Inc from 1997 to 2025. This chart shows how Headwater Exploration Inc's Defensive Interval Ratio has evolved across 29 annual periods from 1997 to 2025. As of March 2026, the ratio stands at 193 days, meaning defensive assets of CA$80.32 Million can fund 193 days of operations without new revenue. Read HWX liabilities breakdown for a breakdown of total debt and financial obligations.

Headwater Exploration Inc Defensive Interval Ratio by Year (1997–2025)

Headwater Exploration Inc defensive interval ratio by year from 1997 to 2025. The table below presents the year-by-year Defensive Interval Ratio for Headwater Exploration Inc from 1997 to 2025, covering 29 annual filings. Each row shows defensive assets, daily cash need, the DIR in days, and the change in days compared to the prior year. For the complete balance sheet picture, see Headwater Exploration Inc balance sheet assets.

Year DIR (days) Defensive Assets (CAD) Daily Cash Need Cash ST Investments Change (days)
2025 152 days CA$53.40 Million CA$350.93K/day CA$- CA$- ▼ -23 days
2024 175 days CA$61.71 Million CA$353.19K/day CA$- CA$- ▲ +19 days
2023 156 days CA$52.27 Million CA$335.11K/day CA$- CA$- ▼ -557 days
2022 713 days CA$219.01 Million CA$307.29K/day CA$175.45 Million CA$- ▼ -207 days
2021 920 days CA$146.07 Million CA$158.75K/day CA$114.70 Million CA$- ▲ +408 days
2020 512 days CA$20.55 Million CA$40.11K/day CA$- CA$15.00 Million ▼ -3793 days
2019 4306 days CA$21.11 Million CA$4.90K/day CA$- CA$16.63 Million ▼ -3515 days
2018 7820 days CA$53.58 Million CA$6.85K/day CA$- CA$50.05 Million ▲ +3349 days
2017 4471 days CA$50.10 Million CA$11.21K/day CA$46.18 Million CA$- ▼ -2164 days
2016 6636 days CA$21.42 Million CA$3.23K/day CA$- CA$19.25 Million ▼ -87 days
2015 6722 days CA$20.76 Million CA$3.09K/day CA$- CA$19.19 Million ▲ +6394 days
2014 329 days CA$3.35 Million CA$10.19K/day CA$- CA$- ▼ -98 days
2013 427 days CA$3.24 Million CA$7.59K/day CA$- CA$- ▼ -101 days
2012 528 days CA$2.11 Million CA$4.01K/day CA$- CA$- ▲ +164 days
2011 363 days CA$3.46 Million CA$9.52K/day CA$- CA$- ▼ -265 days
2010 628 days CA$5.74 Million CA$9.14K/day CA$- CA$- ▲ +205 days
2009 424 days CA$6.71 Million CA$15.84K/day CA$- CA$- ▲ +190 days
2008 234 days CA$17.04 Million CA$72.81K/day CA$- CA$- ▲ +137 days
2007 97 days CA$8.34 Million CA$86.20K/day CA$- CA$- ▲ +26 days
2006 70 days CA$2.98 Million CA$42.35K/day CA$- CA$- ▼ -345 days
2005 416 days CA$5.17 Million CA$12.45K/day CA$- CA$- ▼ -271 days
2004 687 days CA$1.47 Million CA$2.14K/day CA$- CA$- ▲ +577 days
2003 110 days CA$259.79K CA$2.36K/day CA$- CA$- ▲ +90 days
2002 20 days CA$149.98K CA$7.56K/day CA$- CA$- ▼ -783 days
2001 803 days CA$2.82 Million CA$3.52K/day CA$- CA$- ▲ +684 days
2000 119 days CA$44.42K CA$374.64/day CA$- CA$- ▲ +82 days
1999 37 days CA$42.86K CA$1.16K/day CA$- CA$- ▼ -4 days
1998 41 days CA$148.97K CA$3.60K/day CA$- CA$- ▼ -73 days
1997 114 days CA$224.25K CA$1.96K/day CA$- CA$- —
DIR = (Cash + Short-term Investments + Net Receivables) / (Daily Cash Expenses)