Hexcel Balance Sheet Health

Financial Health criteria checks 4/6

Hexcel has a total shareholder equity of $1.6B and total debt of $803.4M, which brings its debt-to-equity ratio to 50.5%. Its total assets and total liabilities are $2.9B and $1.3B respectively. Hexcel's EBIT is $227.4M making its interest coverage ratio 7.4. It has cash and short-term investments of $102.6M.

Key information

50.5%

Debt to equity ratio

US$803.40m

Debt

Interest coverage ratio7.4x
CashUS$102.60m
EquityUS$1.59b
Total liabilitiesUS$1.27b
Total assetsUS$2.86b

Recent financial health updates

No updates

Recent updates

Financial Position Analysis

Short Term Liabilities: HXL's short term assets ($828.0M) exceed its short term liabilities ($300.0M).

Long Term Liabilities: HXL's short term assets ($828.0M) do not cover its long term liabilities ($972.8M).


Debt to Equity History and Analysis

Debt Level: HXL's net debt to equity ratio (44.1%) is considered high.

Reducing Debt: HXL's debt to equity ratio has reduced from 79.1% to 50.5% over the past 5 years.

Debt Coverage: HXL's debt is well covered by operating cash flow (35.6%).

Interest Coverage: HXL's interest payments on its debt are well covered by EBIT (7.4x coverage).


Balance Sheet


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