Headwater Exploration (CDDRF) Ratios
Headwater Exploration Ratios
CDDRF's free cash flow for Q2 2026 was $53.01M. For the 2026 fiscal year, CDDRF's free cash flow was decreased by $-81.55M and operating cash flow was $134.57M. See a summary of the company’s cash flow.
| Ratios | Dec 25 | Dec 24 | Dec 23 | Dec 22 | Dec 21 |
|---|---|---|---|---|---|
| Liquidity Ratios | |||||
| Current Ratio | 1.23 | 1.61 | 1.64 | 1.98 | 2.55 |
| Quick Ratio | 1.23 | 1.60 | 1.64 | 1.96 | 2.54 |
| Cash Ratio | 0.80 | 1.11 | 1.19 | 1.56 | 1.98 |
| Solvency Ratio | 1.13 | 1.24 | 1.22 | 1.27 | 0.99 |
| Operating Cash Flow Ratio | 2.34 | 2.46 | 2.48 | 2.53 | 1.93 |
| Short-Term Operating Cash Flow Coverage | 0.00 | 158.05 | 0.00 | 0.00 | 0.00 |
| Net Current Asset Value | $ -88.97M | $ -45.53M | $ -24.91M | $ 30.19M | $ 56.70M |
| Leverage Ratios | |||||
| Debt-to-Assets Ratio | 0.01 | 0.02 | 0.00 | 0.00 | 0.00 |
| Debt-to-Equity Ratio | 0.02 | 0.02 | 0.00 | 0.00 | 0.00 |
| Debt-to-Capital Ratio | 0.02 | 0.02 | 0.00 | 0.00 | 0.00 |
| Long-Term Debt-to-Capital Ratio | 0.01 | 0.02 | 0.00 | 0.00 | 0.00 |
| Financial Leverage Ratio | 1.33 | 1.36 | 1.37 | 1.35 | 1.23 |
| Debt Service Coverage Ratio | 260.01 | 71.04 | 161.43 | 272.67 | 240.94 |
| Interest Coverage Ratio | 191.03 | 98.97 | 104.30 | 232.89 | 186.01 |
| Debt to Market Cap | 0.00 | 0.01 | 0.00 | 0.00 | 0.00 |
| Interest Debt Per Share | 0.06 | 0.08 | 0.01 | 0.01 | 0.01 |
| Net Debt to EBITDA | -0.27 | -0.34 | -0.45 | -0.60 | -1.18 |
| Profitability Margins | |||||
| Gross Profit Margin | 47.66% | 53.58% | 45.43% | 58.03% | 56.62% |
| EBIT Margin | 39.49% | 40.00% | 48.10% | 46.22% | 26.67% |
| EBITDA Margin | 64.19% | 60.15% | 76.35% | 63.70% | 50.10% |
| Operating Profit Margin | 40.19% | 38.88% | 42.20% | 45.17% | 36.63% |
| Pretax Profit Margin | 39.28% | 39.61% | 47.70% | 46.18% | 26.65% |
| Net Profit Margin | 29.79% | 30.34% | 36.68% | 35.37% | 24.00% |
| Continuous Operations Profit Margin | 29.79% | 30.34% | 36.68% | 35.37% | 24.00% |
| Net Income Per EBT | 75.84% | 76.59% | 76.89% | 76.58% | 90.05% |
| EBT Per EBIT | 97.74% | 101.86% | 113.01% | 102.24% | 72.77% |
| Return on Assets (ROA) | 15.40% | 19.74% | 18.66% | 22.06% | 9.38% |
| Return on Equity (ROE) | 20.48% | 26.88% | 25.56% | 29.84% | 11.52% |
| Return on Capital Employed (ROCE) | 23.84% | 29.26% | 25.15% | 33.25% | 16.23% |
| Return on Invested Capital (ROIC) | 18.06% | 22.34% | 19.34% | 25.44% | 14.59% |
| Return on Tangible Assets | 15.40% | 19.74% | 18.66% | 22.06% | 9.38% |
| Earnings Yield | 6.87% | 12.03% | 10.60% | 12.05% | 4.45% |
| Efficiency Ratios | |||||
| Receivables Turnover | 9.63 | 10.04 | 8.14 | 10.52 | 6.09 |
| Payables Turnover | 4.10 | 4.06 | 3.15 | 2.69 | 1.56 |
| Inventory Turnover | 249.71 | 241.19 | 294.69 | 154.77 | 102.65 |
| Fixed Asset Turnover | 0.65 | 0.84 | 0.67 | 0.90 | 0.56 |
| Asset Turnover | 0.52 | 0.65 | 0.51 | 0.62 | 0.39 |
| Working Capital Turnover Ratio | 9.46 | 7.88 | 4.53 | 4.60 | 2.38 |
| Cash Conversion Cycle | -49.72 | -52.01 | -69.79 | -98.43 | -169.87 |
| Days of Sales Outstanding | 37.90 | 36.34 | 44.84 | 34.69 | 59.97 |
| Days of Inventory Outstanding | 1.46 | 1.51 | 1.24 | 2.36 | 3.56 |
| Days of Payables Outstanding | 89.08 | 89.87 | 115.87 | 135.47 | 233.39 |
| Operating Cycle | 39.36 | 37.85 | 46.07 | 37.04 | 63.52 |
| Cash Flow Ratios | |||||
| Operating Cash Flow Per Share | 1.26 | 1.34 | 1.29 | 1.25 | 0.56 |
| Free Cash Flow Per Share | 0.47 | 0.40 | 0.27 | 0.15 | -0.14 |
| Dividend Paid and CapEx Coverage Ratio | 1.03 | 1.00 | 0.91 | 1.05 | 0.80 |
| Capital Expenditure Coverage Ratio | 1.60 | 1.42 | 1.26 | 1.14 | 0.80 |
| Operating Cash Flow Coverage Ratio | 21.30 | 20.25 | 360.23 | 329.76 | 72.04 |
| Operating Cash Flow to Sales Ratio | 0.58 | 0.51 | 0.71 | 0.62 | 0.58 |
| Free Cash Flow Yield | 5.03% | 6.01% | 4.30% | 2.60% | -2.79% |
| Valuation Ratios | |||||
| Price-to-Earnings (P/E) Ratio | 14.64 | 8.26 | 9.43 | 8.30 | 22.45 |
| Price-to-Sales (P/S) Ratio | 4.33 | 2.52 | 3.46 | 2.94 | 5.39 |
| Price-to-Book (P/B) Ratio | 2.98 | 2.23 | 2.41 | 2.48 | 2.59 |
| Price-to-Free Cash Flow (P/FCF) Ratio | 19.90 | 16.65 | 23.28 | 38.44 | -35.81 |
| Price-to-Operating Cash Flow Ratio | 7.45 | 4.93 | 4.85 | 4.74 | 9.22 |
| Price-to-Earnings Growth (PEG) Ratio | -0.73 | 0.39 | -1.34 | 0.04 | 0.06 |
| Enterprise Value Multiple | 6.48 | 3.85 | 4.08 | 4.01 | 9.57 |
| Enterprise Value | 2.14B | 1.44B | 1.33B | 1.17B | 915.83M |
| EV to EBITDA | 6.48 | 3.85 | 4.08 | 4.01 | 9.57 |
| EV to Sales | 4.16 | 2.32 | 3.12 | 2.55 | 4.80 |
| EV to Free Cash Flow | 19.11 | 15.29 | 20.98 | 33.46 | -31.87 |
| EV to Operating Cash Flow | 7.16 | 4.53 | 4.38 | 4.12 | 8.20 |
| Tangible Book Value Per Share | 3.15 | 2.96 | 2.59 | 2.39 | 1.99 |
| Shareholders’ Equity Per Share | 3.15 | 2.96 | 2.59 | 2.39 | 1.99 |
| Tax and Other Ratios | |||||
| Effective Tax Rate | 0.24 | 0.23 | 0.23 | 0.23 | 0.10 |
| Revenue Per Share | 2.16 | 2.62 | 1.81 | 2.02 | 0.96 |
| Net Income Per Share | 0.64 | 0.80 | 0.66 | 0.71 | 0.23 |
| Tax Burden | 0.76 | 0.77 | 0.77 | 0.77 | 0.90 |
| Interest Burden | 0.99 | 0.99 | 0.99 | 1.00 | 1.00 |
| Research & Development to Revenue | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| SG&A to Revenue | 0.07 | 0.04 | 0.02 | 0.01 | 0.02 |
| Stock-Based Compensation to Revenue | 0.05 | 0.02 | 0.01 | 0.01 | 0.01 |
| Income Quality | 1.95 | 1.68 | 1.94 | 1.75 | 2.44 |
Currency in CAD