Headwater Exploration Inc. (TSX: HWX)

Headwater Exploration Balance Sheet

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

Year Ending	TTM	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020	Dec 31, 2019
Cash & Equivalents	126.58	146.05	175.45	114.7	76.77	60.96
Cash & Short-Term Investments	126.58	146.05	175.45	114.7	76.77	60.96
Cash Growth	-18.25%	-16.75%	52.96%	49.41%	25.94%	13.62%
Accounts Receivable	49.19	41.14	42.24	30.1	4.98	2.63
Other Receivables	17.49	7.37	0.9	0.5	0.5	0.38
Total Receivables	66.68	48.52	43.14	30.6	5.48	3.01
Inventory	1	0.79	1.24	0.81	0.57	-
Prepaid Expenses	1.89	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	0.21	3.76	0.42	0.77	0.07	1.48
Total Current Assets	196.71	200.92	221.59	147.72	85.17	66.41
Gross Property, Plant & Equipment	1,191	1,124	880.93	632.34	479.19	331.38
Accumulated Depreciation	-520.1	-489.6	-370.01	-291.59	-264.01	-273.16
Net Property, Plant & Equipment	671.17	634.31	510.91	340.75	215.18	58.22
Long-Term Deferred Tax Assets	-	-	-	-	-	3.29
Other Long-Term Assets	1.08	1.11	2.24	0.34	0.34	0.35
Total Assets	868.95	836.34	734.74	488.81	300.69	128.27
Accounts Payable	102.85	73.72	71.4	52.97	4.11	1.38
Accrued Expenses	3.81	2.43	0.83	0.2	0.09	0.32
Current Portion of Leases	0.02	0.03	0.63	0.86	0.14	0.09
Current Income Taxes Payable	5.63	22.4	14.39	-	-	-
Other Current Liabilities	26.06	23.74	24.91	3.92	10.31	-
Total Current Liabilities	138.37	122.31	112.16	57.95	14.64	1.79
Long-Term Leases	0.82	0.81	0.24	0.7	0.3	0.2
Long-Term Deferred Tax Liabilities	49.19	49.86	39.95	4.78	-	-
Other Long-Term Liabilities	54.9	52.85	39.06	27.6	16.72	11.98
Total Liabilities	243.28	225.84	191.41	91.02	31.66	13.96
Common Stock	484.94	483.01	479.16	469.52	387.39	247.33
Additional Paid-In Capital	18.33	18.97	17.31	14.69	11.66	11.37
Retained Earnings	122.41	108.52	46.86	-91.85	-137.68	-144.39
Comprensive Income & Other	-	-	0	5.44	7.66	-
Shareholders' Equity	625.68	610.5	543.34	397.79	269.03	114.31
Total Liabilities & Equity	868.95	836.34	734.74	488.81	300.69	128.27
Total Debt	0.84	0.84	0.86	1.55	0.44	0.29
Net Cash (Debt)	125.75	145.21	174.59	113.15	76.34	60.67
Net Cash Growth	-18.44%	-16.83%	54.29%	48.23%	25.82%	13.08%
Net Cash Per Share	0.53	0.61	0.76	0.52	0.53	0.68
Filing Date Shares Outstanding	237.39	236.67	234.04	223.73	195.41	144.33
Total Common Shares Outstanding	237.29	236.58	233.92	217.68	195.11	88.15
Working Capital	58.34	78.61	109.43	89.78	70.53	64.62
Book Value Per Share	2.64	2.58	2.32	1.83	1.38	1.30
Tangible Book Value	625.68	610.5	543.34	397.79	269.03	114.31
Tangible Book Value Per Share	2.64	2.58	2.32	1.83	1.38	1.30
Buildings	-	-	-	-	-	2.68

Source: S&P Capital IQ. Standard template.