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Headwater ExplorationCDDRF -1.29%83 Equity-to-Asset is 0.74 as of Jun. 2026, which is 6% below its 10-year median of 0.79. GuruFocus rates CDDRF with a GF Score™ of 83/100 and a GF Value™ of $6.65 (Significantly Overvalued). The stock has 4 warning signs investors should review. Among 1,027 Oil & Gas companies, Headwater Exploration ranks better than 78.68% on this metric.
Equity to Asset ratio can vary greatly across different industries, as they have different capital structure. A company with smaller Equity to Asset ratio (more leveraged) may have higher ROE % because of the leverage.
For banks, the required minimum Equity to Asset ratio by regulation is 5%. Some stronger banks may have Equity to Asset Ratio of more than 10%.
Headwater Exploration Equity-to-Asset Related Terms
Headwater Exploration Equity-to-Asset Historical Data
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The historical data trend for Headwater Exploration's Equity-to-Asset 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.
CDDRF vs COP, EOG, FANG: Equity-to-Asset Comparison
For the Oil & Gas E&P subindustry, Headwater Exploration's Equity-to-Asset, along with its competitors' market caps and Equity-to-Asset 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 Equity-to-Asset vs Oil & Gas Industry
For the Oil & Gas industry and Energy sector, Headwater Exploration's Equity-to-Asset distribution charts can be found below:
* The bar in red indicates where Headwater Exploration's Equity-to-Asset falls into.
Equity to Asset ratio measures the ratios of the portion of the asset owned by shareholders out of the total asset. It indicates the leverage of the company, and the amount of debt the company uses in its operation.
Equity to Asset ratio is calculated by dividing total stockholders equity by total asset.
Headwater Exploration's Equity to Asset Ratio for the fiscal year that ended in Dec. 2025 is calculated as
* 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.
Headwater Exploration (CDDRF) has a Equity-to-Asset of 0.74 as of Jun. 2026. Equity-to-asset ratio equals total company equity divided by total assets. It measures financial leverage. View historical data on Headwater Exploration and its competitors. This is near median its historical median of 0.79. Over the past decade, Headwater Exploration's Equity-to-Asset has ranged from 0.72 to 0.93. According to the industry distribution chart, Headwater Exploration ranks #219 out of 1027 companies in the Oil & Gas industry, placing it in the top 21.3%.
Is Headwater Exploration's Equity-to-Asset too high?
Headwater Exploration's current Equity-to-Asset of 0.74 is near median its 10-year median of 0.79. Over the past 10 years, this metric has ranged from a low of 0.72 to a high of 0.93. The Oil & Gas industry median Equity-to-Asset is 0.49. Headwater Exploration's value of 0.74 is 51% above this industry median. Based on the distribution chart, Headwater Exploration ranks #219 out of 1027 companies in the Oil & Gas industry, which is in the top quartile — a strong position relative to peers. Overall, Headwater Exploration has a GF Score™ of 83/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Headwater Exploration's Equity-to-Asset compare to COP and EOG?
According to the Oil & Gas industry distribution chart, Headwater Exploration ranks #219 out of 1027 companies for Equity-to-Asset. This places Headwater Exploration in the top 21% of its industry — outperforming the majority of peers. The industry median Equity-to-Asset is 0.49. Headwater Exploration's value of 0.74 is 51% above this benchmark. Historically, Headwater Exploration's own Equity-to-Asset has ranged from 0.72 to 0.93 over the past decade. While the company's 10-year median is 0.79 vs. the industry median of 0.49, Headwater Exploration has consistently been above the industry average. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Equity-to-Asset for an Oil & Gas company?
The median Equity-to-Asset among Oil & Gas companies is 0.49, based on 1,027 companies in the industry. Companies in the top quartile (top 25%) have a Equity-to-Asset significantly above this median, while those in the bottom quartile fall well below. However, Equity-to-Asset should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Headwater Exploration's current Equity-to-Asset of 0.74 is 51% above the industry median. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Equity-to-Asset mean?
A high Equity-to-Asset can signal that a stock is expensive relative to its fundamentals. Equity-to-asset ratio equals total company equity divided by total assets. It measures financial leverage. View historical data on Headwater Exploration and its competitors. For the Oil & Gas industry, the median Equity-to-Asset is 0.49 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Headwater Exploration's current Equity-to-Asset is 0.74, which is near median its own 10-year median of 0.79. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Headwater Exploration stock overvalued right now?
Based on GuruFocus' analysis, Headwater Exploration (CDDRF) is currently considered Significantly Overvalued. The stock's GF Value™ is $6.65, compared to a current price of $9.20 — trading 38.3% above its estimated fair value. The current Equity-to-Asset is 0.74, which is near median its 10-year median of 0.79 and 51% above the Oil & Gas industry median of 0.49. Headwater Exploration's overall GF Score™ is 83/100 with 4 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Equity-to-Asset calculated?
Equity-to-Asset is calculated from a company's financial statements. For Headwater Exploration (CDDRF), the current Equity-to-Asset is 0.74 as of Jun. 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.
Is Headwater Exploration (CDDRF) Overvalued in 2026?
Based on GuruFocus' analysis, Headwater Exploration stock appears to be overvalued.
The current stock price of $9.20 is trading 38.3% above its estimated GF Value™ of $6.65.
GuruFocus considers Headwater Exploration to be Significantly Overvalued.
Key valuation signals for CDDRF:
Equity-to-Asset: 0.74 (near median its 10-year median of 0.79)
GF Value™: $6.65 vs. price of $9.20 (38.3% above fair value)
Industry Position: 51% above the Oil & Gas median (#219 of 1027)
No single metric tells the full story. See the CDDRF stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Headwater Exploration Inc is a Canadian resource company engaged in the exploration for and development and production of petroleum and natural gas in Canada. The company has high quality oil production, reserves, and lands in the prolific Clearwater play in the Marten Hills, Greater Peavine and Greater Nipisi areas of Alberta as well as low decline natural gas production and reserves in the McCully Field near Sussex, New Brunswick. Its core operating areas are Clearwater fairway, Alberta and McCully Field, New Brunswick.
83GF Score
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