Headwater Exploration Inc.

Headwater Exploration Inc.verified

CDDRF

Price:

$4.91

Market Cap:

$1.62B

Headwater Exploration Inc., a junior resource company, engages in the exploration, development, and production of petroleum and natural gas in the Western Canadian Sedimentary Basin and onshore in New Brunswick. It holds interests in the McCully Field located to the northeast of Sussex, New Brunswick; the Clearwater play located in the Marten Hills, Alberta; and the Frederick Brook shale gas prospect located in New Brunswick. The company was formerly known as Corridor Resources Inc. and changed its name to Headwater Exploration Inc. in March 2020. Headwater Exploration Inc. is headquartered in Calgary, Canada.[Read more]

Industry

Oil & Gas Exploration & Production

IPO Date

2009-02-13

Stock Exchange

PNK

Ticker

CDDRF

The Current Ratio as of November 2024 (TTM) for Headwater Exploration Inc. (CDDRF) is 1.53

According to Headwater Exploration Inc.’s latest financial reports and current stock price. The company's current Current Ratio is 1.53. This represents a change of 3.94% compared to the average of 1.48 of the last 4 quarters.

Headwater Exploration Inc. (CDDRF) Historical Current Ratio (quarterly & annually)

How has CDDRF Current Ratio performed in the past?

The mean historical Current Ratio of Headwater Exploration Inc. over the last ten years is 14.24. The current 1.53 Current Ratio has changed 977.67% with respect to the historical average. Over the past ten years (40 quarters), CDDRF's Current Ratio was at its highest in in the June 2020 quarter at 109.41. The Current Ratio was at its lowest in in the September 2021 quarter at 1.18.

Quarterly (TTM)
Annual

Average

14.24

Median

9.54

Minimum

1.64

Maximum

37.10

Headwater Exploration Inc. (CDDRF) Current Ratio by Quarter and Year

Discovering the peaks and valleys of Headwater Exploration Inc. Current Ratio, unveiling quarterly and yearly fluctuations to gain insights into the company’s financial performance and market dynamics, offering valuable data for investors and analysts alike.

Maximum Annual Increase = 269.45%

Maximum Annual Current Ratio = 37.10

Minimum Annual Increase = -84.32%

Minimum Annual Current Ratio = 1.64

Quarterly (TTM)
Annual
YearCurrent RatioChange
20231.64-16.85%
20221.98-22.50%
20212.55-56.18%
20205.82-84.32%
201937.1055.45%
201823.8791.37%
201712.47-51.90%
201625.936.04%
201524.45269.45%
20146.62-8.67%

Headwater Exploration Inc. (CDDRF) Average Current Ratio

How has CDDRF Current Ratio performed in the past?

The current Current Ratio of Headwater Exploration Inc. (CDDRF) is less than than its 3-year, less than than its 5-year, and less than than its 10-year historical averages

3-year avg

2.06

5-year avg

9.82

10-year avg

14.24

Headwater Exploration Inc. (CDDRF) Current Ratio vs. Peers

How is CDDRF’s Current Ratio compared to its peers?

Headwater Exploration Inc.’s Current Ratio is less than Pieridae Energy Limited (0), less than i3 Energy Plc (0), greater than Kelt Exploration Ltd. (0.77), greater than Athabasca Oil Corporation (1.11), greater than Whitecap Resources Inc. (0.51), less than ARC Resources Ltd. (2.46), less than Kiwetinohk Energy Corp. (0), greater than Coelacanth Energy Inc. (0.88), greater than Africa Energy Corp. (0.88), greater than null (0.68), less than null (11.87), greater than null (0.24),

Build a custom stock screener for Headwater Exploration Inc. (CDDRF) and other stocks

One of the best ways to find valuable stocks to invest in is to build a custom made screener in your Excel or Google Sheets spreadsheet. This allows you to compare thousands of companies like Headwater Exploration Inc. using the financials and key metrics that matter to you in a single view.

The easiest way to set this up is to use the Wisesheets add-on and set your spreadsheet like this:

Custom stock screener in Wisesheets

Covering all these metrics from financial, data, dividend data, key metrics and more you can get all the data you want for over 50+ exchanges worldwide.

Get your free trial here.

Headwater Exploration Inc. (CDDRF) and other stocks custom spreadsheet templates

The easiest way to analyze a company like Headwater Exploration Inc. or any others is to create a spreadsheet model that automatically retrieves all of the stock data you need.

Using Wisesheets you can set up a spreadsheet model like this with simple spreadsheet formulas. If you change the ticker you can get all of the data automatically updated for you.

Custom stock templates in Wisesheets

Whether you need live data, historical price data, financials, dividend data, key metrics, analyst estimates, or anything else...Wisesheets has you covered.

Frequently asked questions❓

What is the Current Ratio?

How can you use the Current Ratio?

What is Headwater Exploration Inc.'s Current Ratio?

How is the Current Ratio calculated for Headwater Exploration Inc. (CDDRF)?

What is the highest Current Ratio for Headwater Exploration Inc. (CDDRF)?

What is the 3-year average Current Ratio for Headwater Exploration Inc. (CDDRF)?

What is the 5-year average Current Ratio for Headwater Exploration Inc. (CDDRF)?

How does the current Current Ratio for Headwater Exploration Inc. (CDDRF) compare to its historical average?