Highwater Ethanol, LLC (HEOL)

Highwater Ethanol, LLC Ratios and Metrics

Market cap in millions USD. Fiscal year is November - October.

Fiscal Year	Current	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Dec 22, 2025	Oct 31, 2025	Oct 31, 2024	Oct 31, 2023	Oct 31, 2022	Oct 31, 2021
Market Capitalization	57	52	75	83	53	30
Market Cap Growth	-	-30.19%	-10.03%	57.39%	76.93%	6.48%
Enterprise Value	44	39	45	63	37	36
Last Close Price	12000.00	11000.00	14050.00	12580.25	7978.11	4492.18
PE Ratio	3.49	3.20	12.25	4.97	1.59	2.17
PS Ratio	0.40	0.37	0.53	0.42	0.24	0.19
PB Ratio	0.73	0.67	1.08	1.04	0.68	0.47
P/TBV Ratio	0.73	0.67	1.08	1.04	0.68	0.47
P/FCF Ratio	-	-	8.70	3.00	1.20	1.92
P/OCF Ratio	16.43	15.06	5.30	2.87	1.16	1.33
EV/Sales Ratio	0.31	0.28	0.32	0.32	0.17	0.23
EV/EBITDA Ratio	4.03	3.67	3.44	2.49	0.94	1.64
EV/EBIT Ratio	8.42	7.82	9.66	4.12	1.28	2.94
EV/FCF Ratio	-19.35	-	5.28	2.28	0.84	2.32
Debt / Equity Ratio	0.01	0.01	0.01	0.01	0.02	0.08
Debt / EBITDA Ratio	0.06	0.06	0.06	0.04	0.03	0.23
Debt / FCF Ratio	-	-	0.09	0.04	0.03	0.33
Net Debt / Equity Ratio	-0.29	-0.29	-0.47	-0.51	-0.36	-0.04
Net Debt / EBITDA Ratio	-2.14	-2.14	-2.51	-1.59	-0.73	-0.11
Net Debt / FCF Ratio	10.06	10.06	-3.84	-1.46	-0.65	-0.16
Asset Turnover	1.58	1.58	1.50	1.97	2.36	1.98
Inventory Turnover	8.47	8.47	8.75	10.17	11.10	11.26
Quick Ratio	2.19	2.19	2.02	2.16	1.54	0.72
Current Ratio	3.75	3.75	2.87	3.03	2.50	1.46
Return on Equity (ROE)	22.13%	22.13%	8.19%	21.19%	47.10%	24.37%
Return on Assets (ROA)	3.50%	3.50%	3.10%	9.49%	19.29%	9.61%
Return on Capital Employed (ROCE)	6.40%	6.40%	6.70%	19.10%	36.50%	18.90%
Earnings Yield	28.63%	31.23%	8.17%	20.11%	63.02%	45.98%
FCF Yield	-3.98%	-4.34%	11.49%	33.37%	83.41%	52.14%
Dividend Yield	11.67%	15.46%	24.20%	25.44%	47.63%	-
Payout Ratio	49.48%	49.48%	264.30%	91.04%	54.41%	-

Source: S&P Global Market Intelligence. Standard template. Financial Sources.