Highwater Ethanol, LLC (HEOL)
OTCMKTS · Delayed Price · Currency is USD
14,555
-445 (-2.97%)
At close: Jun 30, 2026

Highwater Ethanol, LLC Cash Flow Statement

Millions USD. Fiscal year is Nov - Oct.

Operating Activities

Fiscal Year
TTMFY 2025FY 2024FY 2023FY 2022FY 2021
Period Ending
Apr '26 Oct '25 Oct '24 Oct '23 Oct '22 Oct '21
Net Income
30.7216.336.1116.7433.3313.74
Depreciation & Amortization
6.035.668.4910.0510.319.75
Loss (Gain) on Equity Investments
0.150.010.25-0.16-0.18-0.11
Other Operating Activities
-17.4-10.75-0.41-0.31-0.19-0.94
Change in Accounts Receivable
0.271.39-0.351.033.82-3.99
Change in Inventory
-1.15-2.581.873.08-4.45-4.07
Change in Accounts Payable
2.02-6.91-1.58-1.33.238.23
Change in Other Net Operating Assets
0.370.32-0.26-0.09-0.4-0.2
Operating Cash Flow
20.783.4714.1329.0545.4722.41
Operating Cash Flow Growth
202.07%-75.44%-51.37%-36.10%102.89%-

Investing Activities

Fiscal Year
TTMFY 2025FY 2024FY 2023FY 2022FY 2021
Period Ending
Apr '26 Oct '25 Oct '24 Oct '23 Oct '22 Oct '21
Capital Expenditures
-4.68-5.74-5.52-1.28-1.36-6.83
Investment in Securities
0.130.13--0.58--
Investing Cash Flow
-4.55-5.61-5.52-1.86-1.36-6.83

Financing Activities

Fiscal Year
TTMFY 2025FY 2024FY 2023FY 2022FY 2021
Period Ending
Apr '26 Oct '25 Oct '24 Oct '23 Oct '22 Oct '21
Long-Term Debt Issued
----8.237
Long-Term Debt Repaid
--0.14-0.13-0.12-11.82-45.61
Net Debt Issued (Repaid)
-0.14-0.14-0.13-0.12-3.62-8.61
Repurchase of Common Stock
-0.02-0.02--0.1-0.12-0.09
Common Dividends Paid
-6.65-8.08-16.16-15.24-18.13-
Financing Cash Flow
-6.82-8.24-16.29-15.46-21.87-8.7

Net Cash Flow

Fiscal Year
TTMFY 2025FY 2024FY 2023FY 2022FY 2021
Period Ending
Apr '26 Oct '25 Oct '24 Oct '23 Oct '22 Oct '21
Net Cash Flow
9.42-10.38-7.6911.7322.246.88

Free Cash Flow

Fiscal Year
TTMFY 2025FY 2024FY 2023FY 2022FY 2021
Period Ending
Apr '26 Oct '25 Oct '24 Oct '23 Oct '22 Oct '21
Free Cash Flow
16.1-2.278.627.7744.1115.58
Free Cash Flow Growth
1961.03%--69.02%-37.03%183.05%-
Free Cash Flow Margin
11.06%-1.61%6.07%13.95%19.92%9.82%
Levered Free Cash Flow
15.04-4.845.3721.1329.1210.11
Unlevered Free Cash Flow
15.17-4.75.5121.2829.2910.43

Additional Metrics

Fiscal Year
TTMFY 2025FY 2024FY 2023FY 2022FY 2021
Period Ending
Apr '26 Oct '25 Oct '24 Oct '23 Oct '22 Oct '21
Cash Interest Paid
0.040.040.050.050.10.48
Change in Working Capital
1.27-7.78-0.322.742.2-0.03