Headwater Exploration Inc. (TSX: HWX)

Headwater Exploration Balance Sheet

Financials in millions CAD. Fiscal year is January - December.

Fiscal Year	TTM	FY 2023	FY 2022	FY 2021	FY 2020	FY 2019
Period Ending	Sep 30, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020	Dec 31, 2019
Cash & Equivalents	136.59	146.05	175.45	114.7	76.77	60.96
Cash & Short-Term Investments	136.59	146.05	175.45	114.7	76.77	60.96
Cash Growth	5.88%	-16.75%	52.96%	49.41%	25.94%	13.62%
Accounts Receivable	72.91	41.14	42.24	30.1	4.98	2.63
Other Receivables	0.03	7.37	0.9	0.5	0.5	0.38
Receivables	72.94	48.52	43.14	30.6	5.48	3.01
Inventory	0.88	0.79	1.24	0.81	0.57	-
Prepaid Expenses	1.33	1.46	0.99	0.49	0.45	0.29
Restricted Cash	0.35	0.35	0.35	0.35	1.83	0.68
Other Current Assets	0.92	3.76	0.42	0.77	0.07	1.48
Total Current Assets	213	200.92	221.59	147.72	85.17	66.41
Property, Plant & Equipment	724.4	634.31	510.91	340.75	215.18	58.22
Long-Term Deferred Tax Assets	-	-	-	-	-	3.29
Other Long-Term Assets	1.23	1.11	2.24	0.34	0.34	0.35
Total Assets	938.62	836.34	734.74	488.81	300.69	128.27
Accounts Payable	96.45	73.72	71.4	52.97	4.11	1.38
Accrued Expenses	3.59	2.43	0.83	0.2	0.09	0.32
Current Portion of Leases	0.01	0.03	0.63	0.86	0.14	0.09
Current Income Taxes Payable	11.79	22.4	14.39	-	-	-
Other Current Liabilities	26.23	23.74	24.91	3.92	10.31	-
Total Current Liabilities	138.07	122.31	112.16	57.95	14.64	1.79
Long-Term Leases	0.81	0.81	0.24	0.7	0.3	0.2
Long-Term Deferred Tax Liabilities	54.19	49.86	39.95	4.78	-	-
Other Long-Term Liabilities	61.06	52.85	39.06	27.6	16.72	11.98
Total Liabilities	254.13	225.84	191.41	91.02	31.66	13.96
Common Stock	486.54	483.01	479.16	469.52	387.39	247.33
Additional Paid-In Capital	21.58	18.97	17.31	14.69	11.66	11.37
Retained Earnings	176.38	108.52	46.86	-91.85	-137.68	-144.39
Comprehensive Income & Other	-	-	0	5.44	7.66	-
Shareholders' Equity	684.49	610.5	543.34	397.79	269.03	114.31
Total Liabilities & Equity	938.62	836.34	734.74	488.81	300.69	128.27
Total Debt	0.82	0.84	0.86	1.55	0.44	0.29
Net Cash (Debt)	135.78	145.21	174.59	113.15	76.34	60.67
Net Cash Growth	6.00%	-16.83%	54.29%	48.23%	25.82%	13.08%
Net Cash Per Share	0.57	0.61	0.76	0.52	0.53	0.68
Filing Date Shares Outstanding	237.67	236.67	234.04	223.73	195.41	144.33
Total Common Shares Outstanding	237.67	236.58	233.92	217.68	195.11	88.15
Working Capital	74.93	78.61	109.43	89.78	70.53	64.62
Book Value Per Share	2.88	2.58	2.32	1.83	1.38	1.30
Tangible Book Value	684.49	610.5	543.34	397.79	269.03	114.31
Tangible Book Value Per Share	2.88	2.58	2.32	1.83	1.38	1.30
Buildings	-	-	-	-	-	2.68

Source: S&P Capital IQ. Standard template. Financial Sources.