Hexcel Balance Sheet Health
Financial Health criteria checks 4/6
Hexcel has a total shareholder equity of $1.6B and total debt of $793.3M, which brings its debt-to-equity ratio to 50.5%. Its total assets and total liabilities are $2.8B and $1.3B respectively. Hexcel's EBIT is $217.3M making its interest coverage ratio 7.2. It has cash and short-term investments of $81.5M.
Key information
50.5%
Debt to equity ratio
US$793.30m
Debt
| Interest coverage ratio | 7.2x |
| Cash | US$81.50m |
| Equity | US$1.57b |
| Total liabilities | US$1.26b |
| Total assets | US$2.83b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: HXL's short term assets ($807.6M) exceed its short term liabilities ($293.7M).
Long Term Liabilities: HXL's short term assets ($807.6M) do not cover its long term liabilities ($962.7M).
Debt to Equity History and Analysis
Debt Level: HXL's net debt to equity ratio (45.3%) is considered high.
Reducing Debt: HXL's debt to equity ratio has reduced from 77.8% to 50.5% over the past 5 years.
Debt Coverage: HXL's debt is well covered by operating cash flow (33.3%).
Interest Coverage: HXL's interest payments on its debt are well covered by EBIT (7.2x coverage).