Headwater ExplorationFRA:C6V -2.03%76 Quick Ratio is 0.97 as of Mar. 2026, which is 62% below its 10-year median of 2.54. GuruFocus rates FRA:C6V with a GF Score™ of 76/100 and a GF Value™ of €5.53 (Significantly Overvalued). The stock has 1 warning sign investors should review. Among 1,014 Oil & Gas companies, Headwater Exploration ranks worse than 56.61% on this metric.
Headwater Exploration has a quick ratio of 0.97. It indicates that the company cannot currently fully pay back its current liabilities.
The historical rank and industry rank for Headwater Exploration's Quick Ratio or its related term are showing as below:
FRA:C6V'
s Quick Ratio Range Over the Past 10 Years
Min: 0.97 Med: 2.54 Max: 109.26
Current: 0.97
During the past 13 years, Headwater Exploration's highest Quick Ratio was 109.26. The lowest was 0.97. And the median was 2.54.
FRA:C6V's Quick Ratio is ranked worse than 56.61% of 1014
companies
in the Oil & Gas industry
Industry Median: 1.115
vs FRA:C6V: 0.97
Headwater Exploration (FRA:C6V) Quick Ratio Explanation
The quick ratio is more conservative than the Current Ratio because it excludes inventories from current assets. The ratio derives its name presumably from the fact that assets such as cash and marketable securities are quick sources of cash. Inventories generally take time to be converted into cash, and if they have to be sold quickly, the company may have to accept a lower price than book value of these inventories. As a result, they are justifiably excluded from assets that are ready sources of immediate cash.
In general, low or decreasing quick ratios generally suggest that a company is over-leveraged, struggling to maintain or grow sales, paying bills too quickly or collecting receivables too slowly. On the other hand, a high or increasing quick ratio generally indicates that a company is experiencing solid top-line growth, quickly converting receivables into cash, and easily able to cover its financial obligations. Such companies often have faster inventory turnover and cash conversion cycles.
The higher the quick ratio, the better the company's liquidity position.
Headwater Exploration Quick Ratio Related Terms
Headwater Exploration Quick Ratio Historical Data
* Premium members only.
The historical data trend for Headwater Exploration's Quick Ratio 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.
For the Oil & Gas E&P subindustry, Headwater Exploration's Quick Ratio, along with its competitors' market caps and Quick Ratio 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 Quick Ratio vs Oil & Gas Industry
For the Oil & Gas industry and Energy sector, Headwater Exploration's Quick Ratio distribution charts can be found below:
* The bar in red indicates where Headwater Exploration's Quick Ratio falls into.
The quick ratio measures a company's ability to meet its short-term obligations with its most liquid assets. For this reason, the ratio excludes inventories from current assets.
Headwater Exploration's Quick 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 (FRA:C6V) has a Quick Ratio of 0.97 as of Mar. 2026. Quick ratio is the ratio of current assets less inventory to current liabilities. View historical data on Headwater Exploration and its competitors. This is 62% below median its historical median of 2.54. Over the past decade, Headwater Exploration's Quick Ratio has ranged from 0.97 to 109.26. According to the industry distribution chart, Headwater Exploration ranks #574 out of 1014 companies in the Oil & Gas industry, placing it in the top 56.6%.
Is Headwater Exploration's Quick Ratio too high?
Headwater Exploration's current Quick Ratio of 0.97 is 62% below median its 10-year median of 2.54. Over the past 10 years, this metric has ranged from a low of 0.97 to a high of 109.26. The Oil & Gas industry median Quick Ratio is 1.12. Headwater Exploration's value of 0.97 is 13% below this industry median. Based on the distribution chart, Headwater Exploration ranks #574 out of 1014 companies in the Oil & Gas industry, which is below the industry midpoint. Overall, Headwater Exploration has a GF Score™ of 76/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Headwater Exploration's Quick Ratio compare to COP and EOG?
According to the Oil & Gas industry distribution chart, Headwater Exploration ranks #574 out of 1014 companies for Quick Ratio. This places Headwater Exploration in the lower half of its industry. The industry median Quick Ratio is 1.12. Headwater Exploration's value of 0.97 is 13% below this benchmark. Historically, Headwater Exploration's own Quick Ratio has ranged from 0.97 to 109.26 over the past decade. While the company's 10-year median is 2.54 vs. the industry median of 1.12, Headwater Exploration has consistently been below 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 Quick Ratio for an Oil & Gas company?
The median Quick Ratio among Oil & Gas companies is 1.12, based on 1,014 companies in the industry. Companies in the top quartile (top 25%) have a Quick Ratio significantly above this median, while those in the bottom quartile fall well below. However, Quick Ratio should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Headwater Exploration's current Quick Ratio of 0.97 is 13% below 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 Quick Ratio mean?
A high Quick Ratio can signal that a stock is expensive relative to its fundamentals. Quick ratio is the ratio of current assets less inventory to current liabilities. View historical data on Headwater Exploration and its competitors. For the Oil & Gas industry, the median Quick Ratio is 1.12 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Headwater Exploration's current Quick Ratio is 0.97, which is 62% below median its own 10-year median of 2.54. 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 (FRA:C6V) is currently considered Significantly Overvalued. The stock's GF Value™ is €5.53, compared to a current price of €7.25 — trading 31.1% above its estimated fair value. The current Quick Ratio is 0.97, which is 62% below median its 10-year median of 2.54 and 13% below the Oil & Gas industry median of 1.12. Headwater Exploration's overall GF Score™ is 76/100 with 1 warning sign to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Quick Ratio calculated?
Quick Ratio is calculated from a company's financial statements. For Headwater Exploration (FRA:C6V), the current Quick Ratio is 0.97 as of Mar. 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 (FRA:C6V) Overvalued in 2026?
Based on GuruFocus' analysis, Headwater Exploration stock appears to be overvalued.
The current stock price of €7.25 is trading 31.1% above its estimated GF Value™ of €5.53.
GuruFocus considers Headwater Exploration to be Significantly Overvalued.
Key valuation signals for FRA:C6V:
Quick Ratio: 0.97 (62% below median its 10-year median of 2.54)
GF Value™: €5.53 vs. price of €7.25 (31.1% above fair value)
Industry Position: 13% below the Oil & Gas median (#574 of 1014)
No single metric tells the full story. See the FRA:C6V 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.
76GF Score
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