Hexagon Composites Balance Sheet Health
Financial Health criteria checks 3/6
Hexagon Composites has a total shareholder equity of NOK4.1B and total debt of NOK1.5B, which brings its debt-to-equity ratio to 35.9%. Its total assets and total liabilities are NOK7.5B and NOK3.4B respectively.
Key information
35.9%
Debt to equity ratio
NOK 1.47b
Debt
Interest coverage ratio | n/a |
Cash | NOK 163.61m |
Equity | NOK 4.10b |
Total liabilities | NOK 3.43b |
Total assets | NOK 7.53b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: HEXO's short term assets (NOK2.2B) exceed its short term liabilities (NOK1.5B).
Long Term Liabilities: HEXO's short term assets (NOK2.2B) exceed its long term liabilities (NOK2.0B).
Debt to Equity History and Analysis
Debt Level: HEXO's net debt to equity ratio (32%) is considered satisfactory.
Reducing Debt: HEXO's debt to equity ratio has increased from 30.4% to 35.9% over the past 5 years.
Debt Coverage: HEXO's debt is not well covered by operating cash flow (16.2%).
Interest Coverage: Insufficient data to determine if HEXO's interest payments on its debt are well covered by EBIT.