Headwater Exploration Balance Sheet Health
Financial Health criteria checks 6/6
Headwater Exploration has a total shareholder equity of CA$610.5M and total debt of CA$0.0, which brings its debt-to-equity ratio to 0%. Its total assets and total liabilities are CA$836.3M and CA$225.8M respectively. Headwater Exploration's EBIT is CA$197.3M making its interest coverage ratio -33. It has cash and short-term investments of CA$146.1M.
Key information
0%
Debt to equity ratio
CA$0
Debt
| Interest coverage ratio | -33x |
| Cash | CA$146.05m |
| Equity | CA$610.50m |
| Total liabilities | CA$225.84m |
| Total assets | CA$836.34m |
Recent financial health updates
No updates
Recent updates
With EPS Growth And More, Headwater Exploration (TSE:HWX) Makes An Interesting Case
Jul 06
Headwater Exploration (TSE:HWX) Is Doing The Right Things To Multiply Its Share Price
Apr 20Is There An Opportunity With Headwater Exploration Inc.'s (TSE:HWX) 33% Undervaluation?
Apr 05We Like These Underlying Return On Capital Trends At Headwater Exploration (TSE:HWX)
Jan 05Headwater Exploration (TSE:HWX) Shareholders Will Want The ROCE Trajectory To Continue
Aug 04We Like These Underlying Return On Capital Trends At Headwater Exploration (TSE:HWX)
Apr 02Financial Position Analysis
Short Term Liabilities: HWX's short term assets (CA$200.9M) exceed its short term liabilities (CA$122.3M).
Long Term Liabilities: HWX's short term assets (CA$200.9M) exceed its long term liabilities (CA$103.5M).
Debt to Equity History and Analysis
Debt Level: HWX is debt free.
Reducing Debt: HWX has not had any debt for past 5 years.
Debt Coverage: HWX has no debt, therefore it does not need to be covered by operating cash flow.
Interest Coverage: HWX has no debt, therefore coverage of interest payments is not a concern.