Headwater Begin Period Cash Flow vs End Period Cash Flow Analysis

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Headwater Exploration financial indicator trend analysis is much more than just examining Headwater Exploration latest accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Headwater Exploration is a good investment. Please check the relationship between Headwater Exploration Begin Period Cash Flow and its End Period Cash Flow accounts. Check out Risk vs Return Analysis to better understand how to build diversified portfolios, which includes a position in Headwater Exploration. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in board of governors.

Begin Period Cash Flow vs End Period Cash Flow

Begin Period Cash Flow vs End Period Cash Flow Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Headwater Exploration Begin Period Cash Flow account and End Period Cash Flow. At this time, the significance of the direction appears to have almost identical trend.

The correlation between Headwater Exploration's Begin Period Cash Flow and End Period Cash Flow is 0.93. Overlapping area represents the amount of variation of Begin Period Cash Flow that can explain the historical movement of End Period Cash Flow in the same time period over historical financial statements of Headwater Exploration, assuming nothing else is changed. The correlation between historical values of Headwater Exploration's Begin Period Cash Flow and End Period Cash Flow is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Begin Period Cash Flow of Headwater Exploration are associated (or correlated) with its End Period Cash Flow. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when End Period Cash Flow has no effect on the direction of Begin Period Cash Flow i.e., Headwater Exploration's Begin Period Cash Flow and End Period Cash Flow go up and down completely randomly.

Correlation Coefficient

0.93

Relationship Direction	Positive
Relationship Strength	Very Strong

View All Relationships

Begin Period Cash Flow

The amount of cash a company has at the beginning of a financial reporting period. It serves as the starting point for calculating the period's cash flow from operations, investing, and financing activities.

End Period Cash Flow

Most indicators from Headwater Exploration's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Headwater Exploration current financial condition. On the other hand, looking into the entire matrix of fundamental ratios indicators, and analyzing their relationships over time can provide a more complete picture of the company financial strength now and in the future. Check out Risk vs Return Analysis to better understand how to build diversified portfolios, which includes a position in Headwater Exploration. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in board of governors.

At this time, Headwater Exploration's Tax Provision is very stable compared to the past year. As of the 10th of December 2024, Issuance Of Capital Stock is likely to grow to about 57.9 M, while Selling General Administrative is likely to drop about 7.9 M.

	2021	2022	2023	2024 (projected)
Gross Profit	108.1M	266.0M	193.3M	203.0M
Total Revenue	190.9M	458.4M	425.5M	446.8M

Gross Profit Total Revenue

Headwater Exploration fundamental ratios Correlations

	Total Assets	Total Stockholder Equity	Retained Earnings	Other Assets	Common Stock Total Equity	Total Liab	Common Stock	Net Receivables	Common Stock Shares Outstanding	Total Current Assets	Other Current Liab	Total Current Liabilities	Property Plant And Equipment Net	Non Current Assets Total	Other Current Assets	Property Plant And Equipment Gross	Accounts Payable	Non Current Liabilities Total	Other Stockholder Equity	Non Currrent Assets Other	Net Debt	Cash	Cash And Short Term Investments	Inventory	Short Long Term Debt Total	Short Term Debt
Total Assets		1.0	0.82	-0.36	0.85	0.98	0.89	0.98	0.96	0.95	0.42	0.98	1.0	0.99	-0.05	0.99	0.97	0.97	-0.04	0.78	-0.89	0.92	0.92	0.31	0.78	0.39
Total Stockholder Equity	1.0		0.79	-0.34	0.88	0.97	0.92	0.97	0.97	0.95	0.44	0.97	1.0	0.99	-0.04	0.99	0.96	0.95	-0.01	0.75	-0.89	0.92	0.92	0.35	0.75	0.41
Retained Earnings	0.82	0.79		-0.26	0.42	0.86	0.48	0.84	0.63	0.71	0.13	0.86	0.84	0.84	0.21	0.85	0.83	0.86	0.06	0.78	-0.6	0.65	0.65	0.19	0.83	0.18
Other Assets	-0.36	-0.34	-0.26		-0.24	-0.42	-0.31	-0.44	-0.39	-0.54	-0.38	-0.44	-0.33	-0.29	-0.14	-0.38	-0.46	-0.41	0.35	-0.24	0.58	-0.58	-0.58	0.55	-0.34	-0.43
Common Stock Total Equity	0.85	0.88	0.42	-0.24		0.77	0.98	0.78	0.94	0.83	0.42	0.76	0.84	0.84	-0.21	0.8	0.75	0.77	-0.03	0.6	-0.8	0.82	0.82	0.36	0.54	0.31
Total Liab	0.98	0.97	0.86	-0.42	0.77		0.82	0.99	0.92	0.95	0.34	1.0	0.98	0.97	-0.06	0.99	0.98	1.0	-0.1	0.81	-0.89	0.92	0.92	0.23	0.83	0.34
Common Stock	0.89	0.92	0.48	-0.31	0.98	0.82		0.84	0.98	0.89	0.55	0.83	0.88	0.87	-0.2	0.85	0.83	0.81	-0.05	0.57	-0.88	0.89	0.89	0.38	0.54	0.46
Net Receivables	0.98	0.97	0.84	-0.44	0.78	0.99	0.84		0.94	0.96	0.43	0.99	0.97	0.97	-0.09	0.99	0.99	0.98	-0.09	0.79	-0.9	0.93	0.93	0.22	0.81	0.43
Common Stock Shares Outstanding	0.96	0.97	0.63	-0.39	0.94	0.92	0.98	0.94		0.95	0.56	0.92	0.95	0.94	-0.16	0.94	0.93	0.9	-0.07	0.65	-0.92	0.94	0.94	0.33	0.65	0.51
Total Current Assets	0.95	0.95	0.71	-0.54	0.83	0.95	0.89	0.96	0.95		0.53	0.96	0.93	0.91	-0.1	0.94	0.96	0.93	-0.17	0.66	-0.98	1.0	1.0	0.19	0.68	0.52
Other Current Liab	0.42	0.44	0.13	-0.38	0.42	0.34	0.55	0.43	0.56	0.53		0.4	0.39	0.37	-0.04	0.4	0.51	0.26	-0.06	-0.16	-0.61	0.56	0.56	0.25	-0.09	0.98
Total Current Liabilities	0.98	0.97	0.86	-0.44	0.76	1.0	0.83	0.99	0.92	0.96	0.4		0.98	0.97	-0.05	0.99	0.99	0.99	-0.1	0.78	-0.9	0.93	0.93	0.24	0.8	0.4
Property Plant And Equipment Net	1.0	1.0	0.84	-0.33	0.84	0.98	0.88	0.97	0.95	0.93	0.39	0.98		1.0	0.0	0.99	0.96	0.97	0.02	0.79	-0.86	0.89	0.89	0.32	0.79	0.36
Non Current Assets Total	0.99	0.99	0.84	-0.29	0.84	0.97	0.87	0.97	0.94	0.91	0.37	0.97	1.0		-0.03	0.99	0.95	0.97	0.01	0.8	-0.84	0.88	0.88	0.35	0.8	0.33
Other Current Assets	-0.05	-0.04	0.21	-0.14	-0.21	-0.06	-0.2	-0.09	-0.16	-0.1	-0.04	-0.05	0.0	-0.03		-0.05	-0.09	-0.08	0.4	-0.07	0.1	-0.11	-0.11	-0.29	0.0	-0.03
Property Plant And Equipment Gross	0.99	0.99	0.85	-0.38	0.8	0.99	0.85	0.99	0.94	0.94	0.4	0.99	0.99	0.99	-0.05		0.98	0.98	-0.04	0.81	-0.87	0.9	0.9	0.27	0.82	0.39
Accounts Payable	0.97	0.96	0.83	-0.46	0.75	0.98	0.83	0.99	0.93	0.96	0.51	0.99	0.96	0.95	-0.09	0.98		0.95	-0.11	0.72	-0.91	0.93	0.93	0.24	0.76	0.52
Non Current Liabilities Total	0.97	0.95	0.86	-0.41	0.77	1.0	0.81	0.98	0.9	0.93	0.26	0.99	0.97	0.97	-0.08	0.98	0.95		-0.11	0.85	-0.86	0.9	0.9	0.21	0.86	0.26
Other Stockholder Equity	-0.04	-0.01	0.06	0.35	-0.03	-0.1	-0.05	-0.09	-0.07	-0.17	-0.06	-0.1	0.02	0.01	0.4	-0.04	-0.11	-0.11		-0.07	0.21	-0.2	-0.2	0.13	-0.1	-0.1
Non Currrent Assets Other	0.78	0.75	0.78	-0.24	0.6	0.81	0.57	0.79	0.65	0.66	-0.16	0.78	0.79	0.8	-0.07	0.81	0.72	0.85	-0.07		-0.52	0.6	0.6	0.05	0.98	-0.16
Net Debt	-0.89	-0.89	-0.6	0.58	-0.8	-0.89	-0.88	-0.9	-0.92	-0.98	-0.61	-0.9	-0.86	-0.84	0.1	-0.87	-0.91	-0.86	0.21	-0.52		-0.99	-0.99	-0.18	-0.55	-0.59
Cash	0.92	0.92	0.65	-0.58	0.82	0.92	0.89	0.93	0.94	1.0	0.56	0.93	0.89	0.88	-0.11	0.9	0.93	0.9	-0.2	0.6	-0.99		1.0	0.17	0.62	0.54
Cash And Short Term Investments	0.92	0.92	0.65	-0.58	0.82	0.92	0.89	0.93	0.94	1.0	0.56	0.93	0.89	0.88	-0.11	0.9	0.93	0.9	-0.2	0.6	-0.99	1.0		0.17	0.62	0.54
Inventory	0.31	0.35	0.19	0.55	0.36	0.23	0.38	0.22	0.33	0.19	0.25	0.24	0.32	0.35	-0.29	0.27	0.24	0.21	0.13	0.05	-0.18	0.17	0.17		-0.02	0.19
Short Long Term Debt Total	0.78	0.75	0.83	-0.34	0.54	0.83	0.54	0.81	0.65	0.68	-0.09	0.8	0.79	0.8	0.0	0.82	0.76	0.86	-0.1	0.98	-0.55	0.62	0.62	-0.02		-0.07
Short Term Debt	0.39	0.41	0.18	-0.43	0.31	0.34	0.46	0.43	0.51	0.52	0.98	0.4	0.36	0.33	-0.03	0.39	0.52	0.26	-0.1	-0.16	-0.59	0.54	0.54	0.19	-0.07

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Headwater Exploration Account Relationship Matchups

Headwater Exploration fundamental ratios Accounts

	2019	2020	2021	2022	2023	2024 (projected)
Total Assets	128.3M	300.7M	488.8M	734.7M	836.3M	878.2M
Total Stockholder Equity	114.3M	269.0M	397.8M	543.3M	610.5M	641.0M
Retained Earnings	(144.4M)	(137.7M)	(91.9M)	46.9M	108.5M	113.9M
Other Assets	4.4M	3.6M	335K	1.4M	1.3M	2.1M
Liabilities And Stockholders Equity	128.3M	300.7M	488.8M	734.7M	836.3M	878.2M
Total Liab	14.0M	31.7M	91.0M	191.4M	225.8M	237.1M
Common Stock	247.3M	387.4M	469.5M	479.2M	483.0M	507.2M
Net Receivables	4.5M	5.5M	31.4M	43.6M	52.3M	54.9M
Common Stock Shares Outstanding	88.8M	145.4M	215.9M	230.8M	237.7M	249.6M
Total Current Assets	66.4M	85.2M	147.7M	221.6M	200.9M	211.0M
Other Current Liab	1.7M	14.5M	57.1M	40.1M	2.5M	2.4M
Total Current Liabilities	1.8M	14.6M	57.9M	112.2M	122.3M	128.4M
Property Plant And Equipment Net	58.2M	215.2M	340.8M	511.7M	616.4M	647.2M
Non Current Assets Total	61.9M	215.5M	341.1M	513.1M	635.4M	667.2M
Other Current Assets	287K	2.3M	839K	1.3M	1.5M	907.5K
Property Plant And Equipment Gross	58.2M	215.2M	632.8M	881.7M	1.1B	1.2B
Accounts Payable	1.4M	4.1M	53.0M	71.4M	73.7M	77.4M
Non Current Liabilities Total	12.2M	17.0M	33.1M	79.2M	103.5M	108.7M
Other Stockholder Equity	11.4M	11.7M	14.7M	17.3M	19.0M	18.0M
Net Debt	(60.7M)	(76.3M)	(113.2M)	(174.6M)	(134.2M)	(127.4M)
Cash	61.0M	76.8M	114.7M	175.4M	146.4M	153.7M
Cash And Short Term Investments	61.0M	76.8M	114.7M	175.4M	146.4M	153.7M
Inventory	680K	571K	807K	1.2M	788K	687.5K
Short Term Debt	90K	138K	855K	626K	34K	32.3K
Capital Surpluse	11.0M	11.4M	11.7M	14.7M	16.9M	12.7M
Property Plant Equipment	58.2M	215.2M	340.8M	511.7M	588.5M	617.9M
Other Liab	12.0M	16.7M	32.4M	79.0M	90.9M	95.4M
Net Tangible Assets	114.3M	269.0M	397.8M	543.3M	624.8M	656.1M
Net Invested Capital	114.3M	269.0M	397.8M	543.3M	610.5M	339.2M
Net Working Capital	64.6M	70.5M	89.8M	109.4M	78.6M	81.3M
Capital Stock	247.3M	387.4M	469.5M	479.2M	483.0M	424.3M

Pair Trading with Headwater Exploration

One of the main advantages of trading using pair correlations is that every trade hedges away some risk. Because there are two separate transactions required, even if Headwater Exploration position performs unexpectedly, the other equity can make up some of the losses. Pair trading also minimizes risk from directional movements in the market. For example, if an entire industry or sector drops because of unexpected headlines, the short position in Headwater Exploration will appreciate offsetting losses from the drop in the long position's value.

Moving together with Headwater Stock

0.79	ENB-PFV	Enbridge Pref 5	Pair Corr
0.7	ENS	E Split Corp	Pair Corr
0.68	ENS-PA	E Split Corp	Pair Corr

Moving against Headwater Stock

0.64	RCI-A	Rogers Communications	Pair Corr
0.61	ARA	Aclara Resources	Pair Corr
0.42	SAGE	Sage Potash Corp	Pair Corr
0.4	CCL-A	CCL Industries	Pair Corr

The ability to find closely correlated positions to Headwater Exploration could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Headwater Exploration when you sell it. If you don't do this, your portfolio allocation will be skewed against your target asset allocation. So, investors can't just sell and buy back Headwater Exploration - that would be a violation of the tax code under the "wash sale" rule, and this is why you need to find a similar enough asset and use the proceeds from selling Headwater Exploration to buy it.

The correlation of Headwater Exploration is a statistical measure of how it moves in relation to other instruments. This measure is expressed in what is known as the correlation coefficient, which ranges between -1 and +1. A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as Headwater Exploration moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Headwater Exploration moves in either direction, the perfectly negatively correlated security will move in the opposite direction. If the correlation is 0, the equities are not correlated; they are entirely random. A correlation greater than 0.8 is generally described as strong, whereas a correlation less than 0.5 is generally considered weak.

Correlation analysis and pair trading evaluation for Headwater Exploration can also be used as hedging techniques within a particular sector or industry or even over random equities to generate a better risk-adjusted return on your portfolios.

Pair Correlation Correlation Matching

Other Information on Investing in Headwater Stock

Balance Sheet is a snapshot of the financial position of Headwater Exploration at a specified time, usually calculated after every quarter, six months, or one year. Headwater Exploration Balance Sheet has two main parts: assets and liabilities. Liabilities are the debts or obligations of Headwater Exploration and are divided into current liabilities and long term liabilities. An asset, on the other hand, is anything of value that can be converted into cash and which Headwater currently owns. An asset can also be divided into two categories, current and non-current.

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Headwater Begin Period Cash Flow vs End Period Cash Flow Analysis

Begin Period Cash Flow vs End Period Cash Flow

Begin Period Cash Flow vs End Period Cash Flow Correlation Analysis

Correlation Coefficient

Begin Period Cash Flow

End Period Cash Flow

Headwater Exploration fundamental ratios Correlations

Headwater Exploration Account Relationship Matchups

High Positive Relationship

High Negative Relationship

Headwater Exploration fundamental ratios Accounts

Pair Trading with Headwater Exploration

Moving together with Headwater Stock

Moving against Headwater Stock

Other Information on Investing in Headwater Stock

COMMON DESTINATIONS

MAIN CATEGORIES

COMPANY

Total Stockholder Equity	+ 1.0	Total Assets
Property Plant And Equipment Net	+ 1.0	Total Assets
Property Plant And Equipment Net	+ 1.0	Total Stockholder Equity
Total Current Liabilities	+ 1.0	Total Liab
Non Current Liabilities Total	+ 1.0	Total Liab
Cash	+ 1.0	Total Current Assets

Cash And Short Term Investments	- 0.99	Net Debt
Cash	- 0.99	Net Debt
Net Debt	- 0.98	Total Current Assets
Net Debt	- 0.92	Common Stock Shares Outstanding
Net Debt	- 0.91	Accounts Payable
Net Debt	- 0.9	Total Current Liabilities