Hexcel Balance Sheet Health
Financial Health criteria checks 5/6
Hexcel has a total shareholder equity of $1.6B and total debt of $713.0M, which brings its debt-to-equity ratio to 43.7%. Its total assets and total liabilities are $2.8B and $1.2B respectively. Hexcel's EBIT is $206.4M making its interest coverage ratio 6.6. It has cash and short-term investments of $91.7M.
Key information
43.7%
Debt to equity ratio
US$713.00m
Debt
Interest coverage ratio | 6.6x |
Cash | US$91.70m |
Equity | US$1.63b |
Total liabilities | US$1.19b |
Total assets | US$2.82b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: HXL's short term assets ($789.7M) exceed its short term liabilities ($288.6M).
Long Term Liabilities: HXL's short term assets ($789.7M) do not cover its long term liabilities ($900.5M).
Debt to Equity History and Analysis
Debt Level: HXL's net debt to equity ratio (38.1%) is considered satisfactory.
Reducing Debt: HXL's debt to equity ratio has reduced from 85% to 43.7% over the past 5 years.
Debt Coverage: HXL's debt is well covered by operating cash flow (38.4%).
Interest Coverage: HXL's interest payments on its debt are well covered by EBIT (6.6x coverage).