Headwater Exploration Inc. (TSX:HWX)

Headwater Exploration Balance Sheet

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

Fiscal Year	TTM	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020
Period Ending	Mar 31, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020
Cash & Equivalents	125.55	142.69	146.05	175.45	114.7	76.77
Cash & Short-Term Investments	125.55	142.69	146.05	175.45	114.7	76.77
Cash Growth	-0.81%	-2.30%	-16.75%	52.96%	49.41%	25.95%
Accounts Receivable	51.17	56.22	41.14	42.24	30.1	4.98
Other Receivables	7.4	2.4	7.37	0.9	0.5	0.5
Receivables	58.57	58.62	48.52	43.14	30.6	5.48
Inventory	1.14	1.19	0.79	1.24	0.81	0.57
Prepaid Expenses	1.72	1.7	1.46	0.99	0.49	0.45
Restricted Cash	0.35	0.35	0.35	0.35	0.35	1.83
Other Current Assets	0.15	3.09	3.76	0.42	0.77	0.07
Total Current Assets	187.48	207.65	200.92	221.59	147.72	85.17
Property, Plant & Equipment	777.3	742.11	634.31	510.91	340.75	215.18
Other Long-Term Assets	2.68	2.88	1.11	2.24	0.34	0.34
Total Assets	967.46	952.64	836.34	734.74	488.81	300.69
Accounts Payable	74.45	70.85	73.72	71.4	52.97	4.11
Accrued Expenses	9.9	14.77	2.43	0.83	0.2	0.09
Current Portion of Leases	0.69	0.63	0.03	0.63	0.86	0.14
Current Income Taxes Payable	-	14.67	22.4	14.39	-	-
Other Current Liabilities	30.33	28	23.74	24.91	3.92	10.31
Total Current Liabilities	115.38	128.91	122.31	112.16	57.95	14.64
Long-Term Leases	1.88	2.09	0.81	0.24	0.7	0.3
Long-Term Deferred Tax Liabilities	59.77	55.36	49.86	39.95	4.78	-
Other Long-Term Liabilities	67.01	66.81	52.85	39.06	27.6	16.72
Total Liabilities	244.03	253.18	225.84	191.41	91.02	31.66
Common Stock	487.07	486.98	483.01	479.16	469.52	387.39
Additional Paid-In Capital	11.01	10.97	18.97	17.31	14.69	11.66
Retained Earnings	225.36	201.51	108.52	46.86	-91.85	-137.68
Comprehensive Income & Other	-	-	-	0	5.44	7.66
Shareholders' Equity	723.43	699.46	610.5	543.34	397.79	269.03
Total Liabilities & Equity	967.46	952.64	836.34	734.74	488.81	300.69
Total Debt	2.57	2.72	0.84	0.86	1.55	0.44
Net Cash (Debt)	122.98	139.97	145.21	174.59	113.15	76.34
Net Cash Growth	-2.20%	-3.61%	-16.83%	54.29%	48.23%	25.82%
Net Cash Per Share	0.52	0.59	0.61	0.76	0.52	0.53
Filing Date Shares Outstanding	237.77	237.77	236.67	234.04	223.73	195.41
Total Common Shares Outstanding	237.77	237.76	236.58	233.92	217.68	195.11
Working Capital	72.11	78.74	78.61	109.43	89.78	70.53
Book Value Per Share	3.04	2.94	2.58	2.32	1.83	1.38
Tangible Book Value	723.43	699.46	610.5	543.34	397.79	269.03
Tangible Book Value Per Share	3.04	2.94	2.58	2.32	1.83	1.38

Updated Mar 13, 2025. Source: S&P Global Market Intelligence. Standard template. Financial Sources.