Headwater Exploration Inc Net Asset Quality Index
Headwater Exploration Inc net asset quality index. Headwater Exploration Inc (HWX) has a Net Asset Quality Index of 73.6% as of March 2026. This metric measures the proportion of total assets financed by shareholders' equity — total assets of CA$1.03 Billion minus total liabilities of CA$272.16 Million yields net assets of CA$757.57 Million. A higher index indicates a stronger, lower-leverage balance sheet. Check HWX cash flow quality score to evaluate the quality of earnings relative to operating cash generation.
Quality Index
Net Assets
Total Assets
Total Liabilities
Net Asset Quality Index of Headwater Exploration Inc (1995–2025)
Net asset quality index of Headwater Exploration Inc from 1995 to 2025. This chart shows how Headwater Exploration Inc's Net Asset Quality Index has evolved across 31 annual periods from 1995 to 2025. As of March 2026, the index stands at 73.6%, representing net assets of CA$757.57 Million against total assets of CA$1.03 Billion CAD. See HWX book value for net asset value and shareholders' equity analysis.
Headwater Exploration Inc Net Asset Quality Index by Year (1995–2025)
Headwater Exploration Inc net asset quality index by year from 1995 to 2025. The table below presents the year-by-year Net Asset Quality Index for Headwater Exploration Inc from 1995 to 2025, covering 31 annual filings. Each row shows total assets, total liabilities, net assets, the quality index percentage, and the change in percentage points compared to the prior year. For live market cap and overall valuation, see HWX company net worth.
| Year | Quality Index | Net Assets (CAD) | Total Assets | Total Liabilities | Change (pp) |
|---|---|---|---|---|---|
| 2025 | 75.2% | CA$748.15 Million | CA$995.17 Million | CA$247.01 Million | ▲ +1.8 pp |
| 2024 | 73.4% | CA$699.46 Million | CA$952.64 Million | CA$253.18 Million | ▲ +0.4 pp |
| 2023 | 73.0% | CA$610.50 Million | CA$836.34 Million | CA$225.84 Million | ▼ -1.0 pp |
| 2022 | 73.9% | CA$543.34 Million | CA$734.74 Million | CA$191.41 Million | ▼ -7.4 pp |
| 2021 | 81.4% | CA$397.79 Million | CA$488.81 Million | CA$91.02 Million | ▼ -8.1 pp |
| 2020 | 89.5% | CA$269.03 Million | CA$300.69 Million | CA$31.66 Million | ▲ +0.4 pp |
| 2019 | 89.1% | CA$114.31 Million | CA$128.27 Million | CA$13.96 Million | ▼ 0.0 pp |
| 2018 | 89.1% | CA$111.70 Million | CA$125.30 Million | CA$13.60 Million | ▼ -0.7 pp |
| 2017 | 89.9% | CA$111.74 Million | CA$124.36 Million | CA$12.62 Million | ▲ +0.2 pp |
| 2016 | 89.7% | CA$93.80 Million | CA$104.62 Million | CA$10.81 Million | ▼ -2.6 pp |
| 2015 | 92.3% | CA$122.82 Million | CA$133.07 Million | CA$10.25 Million | ▼ -0.5 pp |
| 2014 | 92.8% | CA$154.27 Million | CA$166.27 Million | CA$12.00 Million | ▼ -1.8 pp |
| 2013 | 94.6% | CA$171.40 Million | CA$181.26 Million | CA$9.86 Million | ▲ +0.4 pp |
| 2012 | 94.2% | CA$148.80 Million | CA$157.98 Million | CA$9.18 Million | ▼ -1.5 pp |
| 2011 | 95.6% | CA$195.14 Million | CA$204.02 Million | CA$8.88 Million | ▲ +4.7 pp |
| 2010 | 91.0% | CA$263.55 Million | CA$289.75 Million | CA$26.20 Million | ▲ +1.1 pp |
| 2009 | 89.8% | CA$270.02 Million | CA$300.61 Million | CA$30.59 Million | ▲ +5.3 pp |
| 2008 | 84.5% | CA$271.68 Million | CA$321.40 Million | CA$49.72 Million | ▲ +1.1 pp |
| 2007 | 83.4% | CA$200.42 Million | CA$240.19 Million | CA$39.76 Million | ▼ -3.3 pp |
| 2006 | 86.7% | CA$131.47 Million | CA$151.62 Million | CA$20.15 Million | ▲ +0.1 pp |
| 2005 | 86.6% | CA$58.03 Million | CA$66.98 Million | CA$8.95 Million | ▲ +12.1 pp |
| 2004 | 74.5% | CA$16.93 Million | CA$22.73 Million | CA$5.79 Million | ▲ +3.0 pp |
| 2003 | 71.6% | CA$12.42 Million | CA$17.36 Million | CA$4.93 Million | ▼ -1.3 pp |
| 2002 | 72.9% | CA$12.57 Million | CA$17.24 Million | CA$4.67 Million | ▼ -15.0 pp |
| 2001 | 87.9% | CA$14.44 Million | CA$16.43 Million | CA$1.99 Million | ▼ -8.6 pp |
| 2000 | 96.4% | CA$3.71 Million | CA$3.85 Million | CA$136.75K | ▲ +1.6 pp |
| 1999 | 94.9% | CA$7.81 Million | CA$8.24 Million | CA$422.94K | ▲ +9.4 pp |
| 1998 | 85.5% | CA$7.72 Million | CA$9.04 Million | CA$1.31 Million | ▼ -1.0 pp |
| 1997 | 86.4% | CA$4.56 Million | CA$5.28 Million | CA$716.90K | ▼ -11.4 pp |
| 1996 | 97.8% | CA$1.45 Million | CA$1.48 Million | CA$32.34K | ▲ +25.3 pp |
| 1995 | 72.5% | CA$75.41K | CA$104.00K | CA$28.59K | — |