Headwater Exploration Inc (HWX) - Total Assets
Based on the latest financial reports, Headwater Exploration Inc (HWX) holds total assets worth CA$1.03 Billion CAD (≈ $744.89 Million USD) as of March 2026. 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. Explore HWX operating cash flow to total debt to assess how comfortably operating cash covers total debt obligations.
Headwater Exploration Inc - Total Assets Trend (1995–2025)
This chart illustrates how Headwater Exploration Inc's total assets have evolved over time, based on quarterly financial data. See Headwater Exploration Inc book value and equity for net asset value and shareholders' equity analysis.
Headwater Exploration Inc - Asset Composition Analysis
Current Asset Composition (December 2025)
Headwater Exploration Inc's total assets of CA$1.03 Billion consist of 15.9% current assets and 84.1% non-current assets.
| Asset Category | Amount (CAD) | % of Total Assets |
|---|---|---|
| Cash & Equivalents | CA$0.00 | 10.3% |
| Accounts Receivable | CA$53.40 Million | 5.4% |
| Inventory | CA$1.08 Million | 0.1% |
| Property, Plant & Equipment | CA$0.00 | 0.0% |
| Intangible Assets | CA$0.00 | 0.0% |
| Goodwill | CA$0.00 | 0.0% |
Asset Composition Trend (1995–2025)
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. For live market cap, price, and company overview, see HWX company net worth.
Key Asset Composition Facts
- Current vs. Non-Current Assets: Headwater Exploration Inc's current assets represent 15.9% of total assets in 2025, an increase from 0.0% in 1995.
- Cash Position: Cash and equivalents constituted 10.3% of total assets in 2025, 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 5.4% 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 |
|---|---|---|
|
Whitecap Resources Inc.
TO:WCP
|
Canada | CA$19.67 Billion |
|
ARC Resources Ltd.
TO:ARX
|
Canada | CA$14.18 Billion |
|
Var Energi ASA
OL:VAR
|
Norway | Nkr265.88 Billion |
|
SM Energy Co
NYSE:SM
|
USA | $19.14 Billion |
|
Tamarack Valley Energy Ltd
TO:TVE
|
Canada | CA$3.47 Billion |
|
Magnolia Oil & Gas Corp
NYSE:MGY
|
USA | $2.92 Billion |
|
HARBOUR ENE.SP.ADR LS-50
F:PQQ2
|
Germany | €29.09 Billion |
|
Gulfport Energy Operating Corp
NYSE:GPOR
|
USA | $3.08 Billion |
Headwater Exploration Inc - Liquidity and Working Capital Analysis
Liquidity ratios measure a company's ability to pay off its short-term debts as they come due, using the company's current or quick assets. Working capital represents the operational liquidity available.
Key Liquidity Metrics
| Metric | Current | 1 Year Ago | 5 Years Ago |
|---|---|---|---|
| Current Ratio | 0.98 | 1.62 | 1.51 |
| Quick Ratio | 0.97 | 1.62 | 1.50 |
| Cash Ratio | 0.00 | 1.09 | 1.24 |
| Working Capital | CA$-3.03 Million | CA$72.11 Million | CA$32.59 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 | 4.00 |
| Latest Market Cap to Assets Ratio | 2.17 |
| Asset Growth Rate (YoY) | 4.5% |
| Total Assets | CA$995.17 Million |
| Market Capitalization | $2.16 Billion USD |
Valuation Analysis
Premium Asset Valuation: The market values Headwater Exploration Inc's assets at a significant premium (2.17x), suggesting investors see substantial growth potential or unique competitive advantages.
Positive Asset Growth: Headwater Exploration Inc's assets grew by 4.5% over the past year, showing continued investment in the company's operational capacity.
Annual Total Assets for Headwater Exploration Inc (1995–2025)
The table below shows the annual total assets of Headwater Exploration Inc from 1995 to 2025.
| Year | Total Assets | Change |
|---|---|---|
| 2025-12-31 | CA$995.17 Million ≈ $719.89 Million |
+4.46% |
| 2024-12-31 | CA$952.64 Million ≈ $689.12 Million |
+13.91% |
| 2023-12-31 | CA$836.34 Million ≈ $604.99 Million |
+13.83% |
| 2022-12-31 | CA$734.74 Million ≈ $531.50 Million |
+50.31% |
| 2021-12-31 | CA$488.81 Million ≈ $353.60 Million |
+62.56% |
| 2020-12-31 | CA$300.69 Million ≈ $217.51 Million |
+134.41% |
| 2019-12-31 | CA$128.27 Million ≈ $92.79 Million |
+2.37% |
| 2018-12-31 | CA$125.30 Million ≈ $90.64 Million |
+0.76% |
| 2017-12-31 | CA$124.36 Million ≈ $89.96 Million |
+18.87% |
| 2016-12-31 | CA$104.62 Million ≈ $75.68 Million |
-21.38% |
| 2015-12-31 | CA$133.07 Million ≈ $96.26 Million |
-19.97% |
| 2014-12-31 | CA$166.27 Million ≈ $120.28 Million |
-8.27% |
| 2013-12-31 | CA$181.26 Million ≈ $131.12 Million |
+14.74% |
| 2012-12-31 | CA$157.98 Million ≈ $114.28 Million |
-22.57% |
| 2011-12-31 | CA$204.02 Million ≈ $147.58 Million |
-29.59% |
| 2010-12-31 | CA$289.75 Million ≈ $209.60 Million |
-3.61% |
| 2009-12-31 | CA$300.61 Million ≈ $217.45 Million |
-6.47% |
| 2008-12-31 | CA$321.40 Million ≈ $232.49 Million |
+33.81% |
| 2007-12-31 | CA$240.19 Million ≈ $173.75 Million |
+58.41% |
| 2006-12-31 | CA$151.62 Million ≈ $109.68 Million |
+126.37% |
| 2005-12-31 | CA$66.98 Million ≈ $48.45 Million |
+194.74% |
| 2004-12-31 | CA$22.73 Million ≈ $16.44 Million |
+30.94% |
| 2003-12-31 | CA$17.36 Million ≈ $12.55 Million |
+0.66% |
| 2002-12-31 | CA$17.24 Million ≈ $12.47 Million |
+4.93% |
| 2001-12-31 | CA$16.43 Million ≈ $11.89 Million |
+327.20% |
| 2000-12-31 | CA$3.85 Million ≈ $2.78 Million |
-53.30% |
| 1999-12-31 | CA$8.24 Million ≈ $5.96 Million |
-8.86% |
| 1998-12-31 | CA$9.04 Million ≈ $6.54 Million |
+71.18% |
| 1997-12-31 | CA$5.28 Million ≈ $3.82 Million |
+256.19% |
| 1996-12-31 | CA$1.48 Million ≈ $1.07 Million |
+1325.28% |
| 1995-12-31 | CA$104.00K ≈ $75.23K |
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About 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. The company was incorporat… Read more