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Headwater Exploration (TSE:HWX)
TSX:HWX
Canadian Market

Headwater Exploration (HWX) Ratios

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Headwater Exploration Ratios

TSE:HWX's free cash flow for Q4 2024 was C$0.55. For the 2024 fiscal year, TSE:HWX's free cash flow was decreased by C$ and operating cash flow was C$0.40. See a summary of the company’s cash flow.
Ratios
TTM
Dec 24Dec 23Dec 22Dec 21
Liquidity Ratios
Current Ratio
1.61 1.64 1.98 2.55 5.82
Quick Ratio
1.60 1.64 1.96 2.54 5.78
Cash Ratio
1.11 1.19 1.56 1.98 5.24
Solvency Ratio
1.24 1.22 1.27 0.99 0.40
Operating Cash Flow Ratio
2.46 2.48 2.53 1.93 0.02
Short-Term Operating Cash Flow Coverage
0.00 0.00 0.00 0.00 0.00
Net Current Asset Value
C$ -45.53MC$ -24.91MC$ 30.19MC$ 56.70MC$ 53.51M
Leverage Ratios
Debt-to-Assets Ratio
<0.01 <0.01 <0.01 <0.01 <0.01
Debt-to-Equity Ratio
<0.01 <0.01 <0.01 <0.01 <0.01
Debt-to-Capital Ratio
<0.01 <0.01 <0.01 <0.01 <0.01
Long-Term Debt-to-Capital Ratio
0.00 0.00 0.00 0.00 0.00
Financial Leverage Ratio
1.36 1.37 1.35 1.23 1.12
Debt Service Coverage Ratio
129.51 161.43 268.16 2.59K 1.16K
Interest Coverage Ratio
0.00 104.30 237.21 2.00K -745.82
Debt to Market Cap
0.00 0.00 0.00 0.00 0.00
Interest Debt Per Share
0.02 0.01 <0.01 <0.01 <0.01
Net Debt to EBITDA
-0.38 -0.45 -0.61 -1.18 -13.92
Profitability Margins
Gross Profit Margin
53.58%45.43%58.03%56.62%0.52%
EBIT Margin
40.00%48.10%46.22%26.67%-5.88%
EBITDA Margin
60.15%76.35%62.82%50.10%57.74%
Operating Profit Margin
0.00%42.20%46.01%36.63%-86.37%
Pretax Profit Margin
39.61%47.70%46.18%26.65%-6.00%
Net Profit Margin
30.34%36.68%35.37%24.00%70.61%
Continuous Operations Profit Margin
30.34%36.68%35.37%24.00%70.61%
Net Income Per EBT
76.59%76.89%76.58%90.05%-1176.67%
EBT Per EBIT
0.00%113.01%100.38%72.77%6.95%
Return on Assets (ROA)
19.74%18.66%22.06%9.38%2.23%
Return on Equity (ROE)
26.88%25.56%29.84%11.52%2.49%
Return on Capital Employed (ROCE)
0.00%25.15%33.87%16.23%-2.87%
Return on Invested Capital (ROIC)
0.00%19.34%25.91%14.59%33.73%
Return on Tangible Assets
19.74%18.66%22.06%9.38%2.23%
Earnings Yield
12.03%10.60%12.05%4.45%2.01%
Efficiency Ratios
Receivables Turnover
10.04 8.14 10.52 6.09 1.71
Payables Turnover
4.06 3.15 2.69 1.56 2.30
Inventory Turnover
241.19 294.69 154.77 102.65 16.55
Fixed Asset Turnover
0.84 0.67 0.90 0.56 0.04
Asset Turnover
0.65 0.51 0.62 0.39 0.03
Working Capital Turnover Ratio
7.88 4.53 4.60 2.38 0.14
Cash Conversion Cycle
-52.01 -69.79 -98.43 -169.87 76.72
Days of Sales Outstanding
36.34 44.84 34.69 59.97 213.22
Days of Inventory Outstanding
1.51 1.24 2.36 3.56 22.05
Days of Payables Outstanding
89.87 115.87 135.47 233.39 158.55
Operating Cycle
37.85 46.07 37.04 63.52 235.28
Cash Flow Ratios
Operating Cash Flow Per Share
1.34 1.29 1.25 0.56 <0.01
Free Cash Flow Per Share
0.40 0.27 0.15 -0.14 -0.25
CapEx Per Share
0.94 1.02 1.10 0.70 0.25
Free Cash Flow to Operating Cash Flow
0.30 0.21 0.12 -0.26 -151.43
Dividend Paid and CapEx Coverage Ratio
1.00 0.91 1.14 0.80 <0.01
Capital Expenditure Coverage Ratio
1.42 1.26 1.14 0.80 <0.01
Operating Cash Flow Coverage Ratio
116.45 360.23 329.76 72.04 0.53
Operating Cash Flow to Sales Ratio
0.51 0.71 0.62 0.58 0.02
Free Cash Flow Yield
6.01%4.30%2.60%-2.79%-10.46%
Valuation Ratios
Price-to-Earnings (P/E) Ratio
8.31 9.43 8.30 22.45 49.67
Price-to-Sales (P/S) Ratio
2.52 3.46 2.94 5.39 35.07
Price-to-Book (P/B) Ratio
2.23 2.41 2.48 2.59 1.24
Price-to-Free Cash Flow (P/FCF) Ratio
16.65 23.28 38.44 -35.81 -9.56
Price-to-Operating Cash Flow Ratio
4.93 4.85 4.74 9.22 1.45K
Price-to-Earnings Growth (PEG) Ratio
0.39 -1.34 0.04 0.06 0.97
Price-to-Fair Value
2.23 2.41 2.48 2.59 1.24
Enterprise Value Multiple
3.82 4.08 4.07 9.57 46.81
EV to EBITDA
3.82 4.08 4.07 9.57 46.81
EV to Sales
2.30 3.12 2.55 4.80 27.03
EV to Free Cash Flow
15.15 20.98 33.46 -31.87 -7.37
EV to Operating Cash Flow
4.49 4.38 4.12 8.20 1.12K
Tangible Book Value Per Share
2.96 2.59 2.39 1.99 1.93
Shareholders’ Equity Per Share
2.96 2.59 2.39 1.99 1.93
Tax and Other Ratios
Effective Tax Rate
0.23 0.23 0.23 0.10 12.77
Revenue Per Share
2.62 1.81 2.02 0.96 0.07
Net Income Per Share
0.80 0.66 0.71 0.23 0.05
Tax Burden
0.77 0.77 0.77 0.90 -11.77
Interest Burden
0.99 0.99 1.00 1.00 1.02
Research & Development to Revenue
0.00 0.00 0.00 0.00 0.00
SG&A to Revenue
0.04 0.02 0.13 0.20 0.57
Stock-Based Compensation to Revenue
0.02 0.01 <0.01 0.01 0.16
Income Quality
1.68 1.94 1.75 2.44 0.03
Currency in CAD
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