Headwater Exploration Inc
Headwater Exploration Inc. engages in the exploration, development, and production of petroleum and natural gas resources in Canada. It holds interest in the Marten Hills area located in Alberta; and the McCully Field area located in New Brunswick. The company was formerly known as Corridor Resources Inc. and changed its name to Headwater Exploration Inc. in March 2020. Headwater Exploration Inc.… Read more
Headwater Exploration Inc (CDDRF) - Total Assets
Latest total assets as of September 2025: $1.01 Billion USD
Based on the latest financial reports, Headwater Exploration Inc (CDDRF) holds total assets worth $1.01 Billion USD as of September 2025.
Total assets represent everything the company owns and controls, combining both current assets—like cash and cash equivalents, accounts receivable, and inventories—and non-current assets such as property, plant, equipment (PP&E), intangible assets, and long-term investments.
Headwater Exploration Inc - Total Assets Trend (1995–2024)
This chart illustrates how Headwater Exploration Inc’s total assets have evolved over time, based on quarterly financial data. Explore and compare other companies by total assets.
Headwater Exploration Inc - Asset Composition Analysis
Current Asset Composition (December 2024)
Headwater Exploration Inc's total assets of $1.01 Billion consist of 21.8% current assets and 78.2% non-current assets.
| Asset Category | Amount (USD) | % of Total Assets |
|---|---|---|
| Cash & Equivalents | $0.00 | 15.0% |
| Accounts Receivable | $61.71 Million | 6.5% |
| Inventory | $1.19 Million | 0.1% |
| Property, Plant & Equipment | $0.00 | 0.0% |
| Intangible Assets | $0.00 | 0.0% |
| Goodwill | $0.00 | 0.0% |
Asset Composition Trend (1995–2024)
This chart illustrates how Headwater Exploration Inc's asset composition has evolved over time. Understanding changes in asset allocation can provide insights into the company's strategic shifts, capital allocation priorities, and business focus evolution.
Key Asset Composition Facts
- Current vs. Non-Current Assets: Headwater Exploration Inc's current assets represent 21.8% of total assets in 2024, an increase from 0.0% in 1995.
- Cash Position: Cash and equivalents constituted 15.0% of total assets in 2024, up from 0.0% in 1995.
- Tangible vs. Intangible: Intangible assets (including goodwill) make up 0.0% of total assets, unchanged from 0.0% in 1995.
- Asset Diversification: The largest asset category is accounts receivable at 6.5% of total assets.
Headwater Exploration Inc Competitors by Total Assets
Key competitors of Headwater Exploration Inc based on total assets are shown below.
| Company | Country | Total Assets |
|---|---|---|
|
Bounty Oil & Gas NL
PINK:BYOGF
|
USA | $8.51 Million |
|
Shanxi Blue Flame Holding Co Ltd
SHE:000968
|
China | CN¥11.13 Billion |
|
Oriental Energy Co Ltd
SHE:002221
|
China | CN¥40.74 Billion |
|
P/F Atlantic Petroleum
CO:ATLA-DKK
|
Denmark | Dkr7.35 Million |
|
East West Minerals Ltd.
F:37A0
|
Germany | €4.02 Million |
|
Hibiscus Petroleum BHD
KLSE:5199
|
Malaysia | RM7.43 Billion |
|
Reach Energy Bhd
KLSE:5256
|
Malaysia | RM861.30 Million |
|
Geo-Jade Petroleum Corp
SHG:600759
|
China | CN¥12.56 Billion |
Headwater Exploration Inc - Asset Efficiency Metrics
Asset efficiency metrics measure how effectively a company uses its assets to generate revenue and profits. These indicators help investors evaluate management's ability to deploy capital efficiently.
Asset Turnover Ratio
Measures how efficiently a company uses its assets to generate sales
Moderate asset utilization - Headwater Exploration Inc generates 0.65x its asset value in annual revenue.
Return on Assets (ROA)
Measures how efficiently a company uses its assets to generate profits
Excellent ROA - For every $100 in assets, Headwater Exploration Inc generates $ 19.74 in net profit.
Headwater Exploration Inc - Liquidity and Working Capital Analysis
Liquidity ratios measure a company's ability to pay off its short-term debts as they come due, using the company's current or quick assets. Working capital represents the operational liquidity available.
Key Liquidity Metrics
| Metric | Current | 1 Year Ago | 5 Years Ago |
|---|---|---|---|
| Current Ratio | 1.32 | 1.54 | 5.82 |
| Quick Ratio | 1.31 | 1.54 | 5.78 |
| Cash Ratio | 0.00 | 0.00 | 0.00 |
| Working Capital | $41.83 Million | $ 74.92 Million | $ 70.53 Million |
Headwater Exploration Inc - Advanced Valuation Insights
This section examines the relationship between Headwater Exploration Inc's asset base and its market valuation, helping to identify whether the company's assets are efficiently translated into market value.
Key Valuation Metrics
| Current Price-to-Book Ratio | 3.65 |
| Latest Market Cap to Assets Ratio | 0.87 |
| Asset Growth Rate (YoY) | 13.9% |
| Total Assets | $952.64 Million |
| Market Capitalization | $830.46 Million USD |
Valuation Analysis
Near Book Valuation: The market values Headwater Exploration Inc's assets close to their book value ( 0.87x), suggesting investors view the company's assets at approximately fair value.
Rapid Asset Growth: Headwater Exploration Inc's assets grew by 13.9% over the past year, indicating significant expansion of the company's resource base.
Annual Total Assets for Headwater Exploration Inc (1995–2024)
The table below shows the annual total assets of Headwater Exploration Inc from 1995 to 2024.
| Year | Total Assets | Change |
|---|---|---|
| 2024-12-31 | $952.64 Million | +13.91% |
| 2023-12-31 | $836.34 Million | +13.83% |
| 2022-12-31 | $734.74 Million | +50.31% |
| 2021-12-31 | $488.81 Million | +62.56% |
| 2020-12-31 | $300.69 Million | +134.41% |
| 2019-12-31 | $128.27 Million | +2.35% |
| 2018-12-31 | $125.33 Million | +0.78% |
| 2017-12-31 | $124.36 Million | +18.87% |
| 2016-12-31 | $104.62 Million | -21.38% |
| 2015-12-31 | $133.07 Million | -19.97% |
| 2014-12-31 | $166.27 Million | -8.27% |
| 2013-12-31 | $181.26 Million | +14.74% |
| 2012-12-31 | $157.98 Million | -22.57% |
| 2011-12-31 | $204.02 Million | -29.59% |
| 2010-12-31 | $289.75 Million | -3.61% |
| 2009-12-31 | $300.61 Million | -6.47% |
| 2008-12-31 | $321.40 Million | +33.81% |
| 2007-12-31 | $240.19 Million | +58.41% |
| 2006-12-31 | $151.62 Million | +126.37% |
| 2005-12-31 | $66.98 Million | +192.87% |
| 2004-12-31 | $22.87 Million | +31.77% |
| 2003-12-31 | $17.36 Million | +0.66% |
| 2002-12-31 | $17.24 Million | +4.93% |
| 2001-12-31 | $16.43 Million | +289.49% |
| 2000-12-31 | $4.22 Million | -48.78% |
| 1999-12-31 | $8.24 Million | -8.86% |
| 1998-12-31 | $9.04 Million | +71.18% |
| 1997-12-31 | $5.28 Million | +274.37% |
| 1996-12-31 | $1.41 Million | +1256.05% |
| 1995-12-31 | $104.00K | -- |