Headwater Exploration Inc (HWX) — Free Cash Flow Generation Index
Headwater Exploration Inc (HWX) has a Free Cash Flow Generation Index of -0.67x as of March 2026. Free cash flow of CA$-26.67 Million represents -1% of operating cash flow (CA$40.07 Million). See Headwater Exploration Inc current assets vs equity to evaluate short-term liquidity relative to the company's equity base.
FCF Generation Index
Free Cash Flow
Operating Cash Flow
Capital Expenditures
Headwater Exploration Inc Free Cash Flow Generation Index (1995–2025)
Historical FCF Generation Index trend for Headwater Exploration Inc across 27 annual periods. Explore Headwater Exploration Inc cash debt coverage ratio to assess how comfortably operating cash covers total debt obligations.
Annual Free Cash Flow Generation for Headwater Exploration Inc (1995–2025)
Year-by-year Free Cash Flow Generation Index for Headwater Exploration Inc. For the full company profile including market capitalisation, see HWX market cap overview.
| Year | FCG Index | Free Cash Flow (CAD) | Operating CF | Capital Expenditures | YoY Change |
|---|---|---|---|---|---|
| 2025 | 0.37x | CA$112.02 Million | CA$299.14 Million | CA$187.12 Million | ▲ +26.4% |
| 2024 | 0.30x | CA$93.87 Million | CA$316.74 Million | CA$222.87 Million | ▲ +42.1% |
| 2023 | 0.21x | CA$63.25 Million | CA$303.32 Million | CA$240.07 Million | ▲ +69.1% |
| 2022 | 0.12x | CA$35.00 Million | CA$283.93 Million | CA$248.92 Million | ▲ +147.9% |
| 2021 | -0.26x | CA$-28.73 Million | CA$111.66 Million | CA$140.39 Million | ▲ +99.8% |
| 2020 | -151.43x | CA$-34.83 Million | CA$230.00K | CA$35.06 Million | ▼ -16511.3% |
| 2019 | 0.92x | CA$8.18 Million | CA$8.86 Million | CA$685.00K | ▲ +13.9% |
| 2018 | 0.81x | CA$9.62 Million | CA$11.87 Million | CA$2.25 Million | ▼ -10.6% |
| 2017 | 0.91x | CA$976.00K | CA$1.08 Million | CA$101.00K | ▲ +2.7% |
| 2016 | 0.88x | CA$3.16 Million | CA$3.58 Million | CA$420.00K | ▼ -7.0% |
| 2015 | 0.95x | CA$7.40 Million | CA$7.80 Million | CA$399.00K | ▲ +290.2% |
| 2014 | -0.50x | CA$-6.39 Million | CA$12.80 Million | CA$19.19 Million | ▼ -156.1% |
| 2013 | 0.89x | CA$8.61 Million | CA$9.68 Million | CA$1.07 Million | ▼ -7.6% |
| 2012 | 0.96x | CA$5.06 Million | CA$5.26 Million | CA$201.00K | ▲ +508.9% |
| 2011 | 0.16x | CA$1.68 Million | CA$10.63 Million | CA$8.95 Million | ▲ +129.1% |
| 2010 | -0.54x | CA$-7.69 Million | CA$14.18 Million | CA$21.87 Million | ▼ -214.4% |
| 2009 | -0.17x | CA$-5.65 Million | CA$32.71 Million | CA$38.36 Million | ▲ +66.2% |
| 2008 | -0.51x | CA$-26.95 Million | CA$52.78 Million | CA$79.73 Million | ▲ +92.0% |
| 2007 | -6.36x | CA$-97.77 Million | CA$15.38 Million | CA$113.15 Million | ▲ +88.6% |
| 2006 | -55.60x | CA$-29.41 Million | CA$529.00K | CA$29.94 Million | ▼ -922.1% |
| 2005 | -5.44x | CA$-11.11 Million | CA$2.04 Million | CA$13.16 Million | ▼ -650.0% |
| 2004 | 0.99x | CA$1.46 Million | CA$1.47 Million | CA$16.24K | ▲ +5.5% |
| 2003 | 0.94x | CA$320.95K | CA$342.52K | CA$21.56K | ▲ +106.4% |
| 2002 | -14.63x | CA$-4.71 Million | CA$322.16K | CA$5.03 Million | ▼ -67.1% |
| 1998 | -8.75x | CA$-3.26 Million | CA$372.77K | CA$3.64 Million | ▼ -1058.3% |
| 1997 | 0.91x | CA$307.19K | CA$336.35K | CA$29.16K | ▼ -8.7% |
| 1995 | 1.00x | CA$28.19K | CA$28.19K | CA$0.00 | — |