CDDRF (Headwater Exploration) Cash-to-Debt : 52.47 (As of Dec. 2024)

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What is Headwater Exploration Cash-to-Debt?

Cash to Debt Ratio measures the financial strength of a company. It is calculated as a company's cash, cash equivalents, and marketable securities divide by its debt. Headwater Exploration's cash to debt ratio for the quarter that ended in Dec. 2024 was 52.47.

If Cash to Debt ratio is greater than 1, the company can pay off its debt using the cash in hand. Here we can see, Headwater Exploration could pay off its debt using the cash in hand for the quarter that ended in Dec. 2024.

The historical rank and industry rank for Headwater Exploration's Cash-to-Debt or its related term are showing as below:

CDDRF' s Cash-to-Debt Range Over the Past 10 Years
Min: 52.46 Med: 208.83 Max: No Debt
Current: 52.46

During the past 13 years, Headwater Exploration's highest Cash to Debt Ratio was No Debt. The lowest was 52.46. And the median was 208.83.

CDDRF's Cash-to-Debt is ranked better than
84.04% of 984 companies
in the Oil & Gas industry
Industry Median: 0.515 vs CDDRF: 52.46

Headwater Exploration Cash-to-Debt Historical Data

The historical data trend for Headwater Exploration's Cash-to-Debt can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

Note: An indication of "No Debt" does not necessarily mean that the company has no debt obligations; it could be due to missing data in the quarterly or annual report. Use caution when interpreting this information.

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Headwater Exploration Cash-to-Debt Chart

Headwater Exploration Annual Data

Trend

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Dec24

Cash-to-Debt

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175.77

74.00

203.70

173.63

52.47

Headwater Exploration Quarterly Data
	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24	Jun24	Sep24	Dec24
Cash-to-Debt	Get a 7-Day Free Trial															173.63	151.57	154.68	167.50	52.47

Competitive Comparison of Headwater Exploration's Cash-to-Debt

For the Oil & Gas E&P subindustry, Headwater Exploration's Cash-to-Debt, along with its competitors' market caps and Cash-to-Debt data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.

Headwater Exploration's Cash-to-Debt Distribution in the Oil & Gas Industry

For the Oil & Gas industry and Energy sector, Headwater Exploration's Cash-to-Debt distribution charts can be found below:

* The bar in red indicates where Headwater Exploration's Cash-to-Debt falls into.

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Headwater Exploration Cash-to-Debt Calculation

This is the ratio of a company's Cash, Cash Equivalents, Marketable Securities to its debt. The debt includes the Short-Term Debt & Capital Lease Obligation and Long-Term Debt & Capital Lease Obligation. This ratio measures the financial strength of a company. This ratio is updated quarterly.

Headwater Exploration's Cash to Debt Ratio for the fiscal year that ended in Dec. 2024 is calculated as:

Cash to Debt Ratio	=	Cash, Cash Equivalents, Marketable Securities	/	Total Debt
	=	Cash, Cash Equivalents, Marketable Securities	/	(Short-Term Debt & Capital Lease Obligation	+	Long-Term Debt & Capital Lease Obligation)
	=	100.157	/	(0.443	+	1.466)
	=	52.47

Headwater Exploration's Cash to Debt Ratio for the quarter that ended in Dec. 2024 is calculated as:

Cash to Debt Ratio	=	Cash, Cash Equivalents, Marketable Securities	/	Total Debt
	=	Cash, Cash Equivalents, Marketable Securities	/	(Short-Term Debt & Capital Lease Obligation	+	Long-Term Debt & Capital Lease Obligation)
	=	100.157	/	(0.443	+	1.466)
	=	52.47

Headwater Exploration (OTCPK:CDDRF) Cash-to-Debt Explanation

If Cash to Debt ratio is greater than 1, the company can pay off its debt using the cash in hand. If it is smaller than 1, it means the company has more debt than the cash in hands. In this case, it is important to look the the company's Interest Coverage. Ben Graham requires that a company must have an Interest Coverage of at least 5.

Headwater Exploration Cash-to-Debt Related Terms

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Headwater Exploration Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Energy » Oil & Gas » Headwater Exploration Inc (OTCPK:CDDRF) » Definitions » Cash-to-Debt

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Traded in Other Exchanges

HWX:Canada

Address

215 - 9th Avenue S.W, Unit 1400, Calgary, AB, CAN, T2P 1K3

Website

https://www.headwaterexp.com

Headwater Exploration Inc is an oil and gas exploration and development company. It is engaged in the exploration for development and production of petroleum and natural gas onshore in McCully Field, New Brunswick and Marten Hills, Alberta. The firm generates substantial revenue from the sale of commodities which include crude oil, natural gas and natural gas liquids.

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