Headwater Exploration Financials

Headwater Exploration Stock Summary

Headwater Exploration competes with Pieridae Energy, Kelt Exploration, Athabasca Oil, Tamarack Valley, and Whitecap Resources. 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. Headwater Exploration Inc. is headquartered in Calgary, Canada. Corridor Resources operates under Oil Gas EP classification in the United States and is traded on OTC Exchange. It employs 26 people.

Headwater Exploration Key Financial Ratios

There are many critical financial ratios that Headwater Exploration's investors are exposed to on a daily basis, but they are usually grouped into few meaningful categories from each financial statement that Headwater Exploration reports annually and quarterly.

Headwater Financial Ratios Relationships

Comparative valuation techniques use various fundamental indicators to help in determining Headwater Exploration's current stock value. Our valuation model uses many indicators to compare Headwater Exploration value to that of its competitors to determine the firm's financial worth. You can analyze the relationship between different fundamental ratios across Headwater Exploration competition to find correlations between indicators driving Headwater Exploration's intrinsic value. More Info.Headwater Exploration is rated fifth in return on equity category among its peers. It is number one stock in return on asset category among its peers reporting about  0.61  of Return On Asset per Return On Equity. The ratio of Return On Equity to Return On Asset for Headwater Exploration is roughly  1.63 . The reason why the comparable model can be used in almost all circumstances is due to the vast number of multiples that can be utilized, such as the price-to-earnings (P/E), price-to-book (P/B), price-to-sales (P/S), price-to-cash flow (P/CF), and many others. The P/E ratio is the most commonly used of these ratios because it focuses on the Headwater Exploration's earnings, one of the primary drivers of an investment's value.

Headwater Exploration Systematic Risk

Along with financial statement analysis, the daily predictive indicators of Headwater Exploration help investors to analyze its daily demand and supply, volume, patterns, and price swings to determine the real value of Headwater Exploration. We use our internally-developed statistical techniques to arrive at the intrinsic value of Headwater Exploration based on widely used predictive technical indicators. In general, we focus on analyzing Headwater Pink Sheet price patterns and their correlations with different microeconomic environment and drivers. We also apply predictive analytics to build Headwater Exploration's daily price indicators and compare them against related drivers.

When running Headwater Exploration's price analysis, check to measure Headwater Exploration's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Headwater Exploration is operating at the current time. Most of Headwater Exploration's value examination focuses on studying past and present price action to predict the probability of Headwater Exploration's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Headwater Exploration's price. Additionally, you may evaluate how the addition of Headwater Exploration to your portfolios can decrease your overall portfolio volatility.