Headwater Historical Cash Flow
| HWX Stock | CAD 6.88 0.01 0.15% |
Analysis of Headwater Exploration cash flow over time is an excellent tool to project Headwater Exploration future capital expenditures as well as to predict the amount of cash needed to cover cost of sales, R&D expenses or production expansions. Investors should almost always look for trends in cash flow indicators such as Other Cashflows From Financing Activities of 15.1 M or Capital Expenditures of 252.1 M as it is a great indicator of Headwater Exploration ability to facilitate future growth, repay debt on time or pay out dividends.
Financial Statement Analysis is much more than just reviewing and examining Headwater Exploration latest accounting reports to predict its past. Macroaxis encourages investors to analyze financial statements over time for various trends across multiple indicators and accounts to determine whether Headwater Exploration is a good buy for the upcoming year.
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About Headwater Cash Flow Analysis
The Cash Flow Statement is a financial statement that shows how changes in Headwater balance sheet and income statement accounts affect cash and cash equivalents. It breaks the analysis down to operating, investing, and financing activities. One of the most critical aspects of the cash flow statement is liquidity, which is the degree to which Headwater's non-liquid assets can be easily converted into cash.
Headwater Exploration Cash Flow Chart
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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.Stock Based Compensation
Compensation provided to employees in the form of equity or options to purchase company stock. This type of compensation is used to align the interests of employees and shareholders.Most accounts from Headwater Exploration's cash flow statement are interrelated and interconnected. However, analyzing cash flow statement accounts 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 cash flow statement accounts, 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 Begin Period Cash Flow is very stable compared to the past year. As of the 2nd of December 2024, Net Income is likely to grow to about 163.9 M, though Change In Cash is likely to grow to (27.9 M).
| 2021 | 2022 | 2023 | 2024 (projected) | Begin Period Cash Flow | 76.8M | 114.7M | 175.4M | 184.2M | End Period Cash Flow | 114.7M | 175.4M | 146.1M | 153.4M |
Headwater Exploration cash flow statement Correlations
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Headwater Exploration Account Relationship Matchups
High Positive Relationship
High Negative Relationship
Headwater Exploration cash flow statement Accounts
| 2019 | 2020 | 2021 | 2022 | 2023 | 2024 (projected) | ||
| Change In Cash | 7.3M | 15.8M | 37.9M | 60.7M | (29.4M) | (27.9M) | |
| Free Cash Flow | 8.2M | (34.8M) | (28.7M) | 35.0M | 63.2M | 66.4M | |
| Change In Working Capital | 655K | (1.2M) | (6.3M) | (10.2M) | 7.1M | 7.4M | |
| Other Cashflows From Financing Activities | 18K | 50.1M | 35.7M | 8.0M | 14.4M | 15.1M | |
| Capital Expenditures | 685K | 35.1M | 140.4M | 248.9M | 240.1M | 252.1M | |
| Total Cash From Operating Activities | 8.9M | 230K | 111.7M | 283.9M | 303.3M | 318.5M | |
| Total Cash From Financing Activities | (679K) | 50.0M | 35.4M | 8.9M | (89.0M) | (84.5M) | |
| End Period Cash Flow | 61.0M | 76.8M | 114.7M | 175.4M | 146.1M | 153.4M | |
| Begin Period Cash Flow | 53.7M | 61.0M | 76.8M | 114.7M | 175.4M | 184.2M | |
| Net Income | 2.8M | 6.7M | 45.8M | 162.1M | 156.1M | 163.9M | |
| Depreciation | 4.1M | (7.7M) | 44.4M | 79.4M | 121.4M | 127.4M | |
| Other Non Cash Items | 195K | 8.3M | 19.9M | (1.0M) | 1.7M | 1.6M | |
| Sale Purchase Of Stock | (549K) | 50.1M | 35.7M | 1.8M | (5.5M) | (5.2M) | |
| Stock Based Compensation | 337K | 1.5M | 2.7M | 4.1M | 5.2M | 5.5M | |
| Change To Account Receivables | 693K | (2.0M) | (25.1M) | (12.7M) | (3.5M) | (3.7M) | |
| Total Cashflows From Investing Activities | (877K) | (34.4M) | (109.1M) | (232.1M) | (208.9M) | (198.4M) | |
| Other Cashflows From Investing Activities | (289K) | 654K | 31.3M | 16.9M | 19.4M | 20.4M | |
| Investments | (877K) | (34.4M) | (109.1M) | (232.1M) | (243.7M) | (231.5M) | |
| Change To Operating Activities | (12K) | (241K) | (41K) | (504K) | (453.6K) | (430.9K) | |
| Change To Netincome | 581K | (86K) | 43.7M | 52.6M | 60.5M | 63.5M | |
| Change To Liabilities | (26K) | 1.3M | 19.1M | 3.6M | 4.1M | 3.8M |
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
Moving against Headwater Stock
| 0.77 | TC | Tucows Inc | PairCorr |
| 0.74 | DII-B | Dorel Industries | PairCorr |
| 0.72 | SLF-PH | Sun Lif Non | PairCorr |
| 0.56 | AIM | Aimia Inc | PairCorr |
| 0.43 | SAGE | Sage Potash Corp | PairCorr |
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.Other Information on Investing in Headwater Stock
The Cash Flow Statement is a financial statement that shows how changes in Headwater balance sheet and income statement accounts affect cash and cash equivalents. It breaks the analysis down to operating, investing, and financing activities. One of the most critical aspects of the cash flow statement is liquidity, which is the degree to which Headwater's non-liquid assets can be easily converted into cash.