Hexagon Balance Sheet Health
Financial Health criteria checks 4/6
Hexagon has a total shareholder equity of €9.9B and total debt of €3.8B, which brings its debt-to-equity ratio to 38.7%. Its total assets and total liabilities are €16.7B and €6.7B respectively. Hexagon's EBIT is €1.6B making its interest coverage ratio 31.1. It has cash and short-term investments of €610.7M.
Key information
38.7%
Debt to equity ratio
€3.84b
Debt
| Interest coverage ratio | 31.1x |
| Cash | €610.70m |
| Equity | €9.92b |
| Total liabilities | €6.73b |
| Total assets | €16.65b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: HEXAB N's short term assets (€2.8B) do not cover its short term liabilities (€2.9B).
Long Term Liabilities: HEXAB N's short term assets (€2.8B) do not cover its long term liabilities (€3.8B).
Debt to Equity History and Analysis
Debt Level: HEXAB N's net debt to equity ratio (32.5%) is considered satisfactory.
Reducing Debt: HEXAB N's debt to equity ratio has reduced from 47.8% to 38.7% over the past 5 years.
Debt Coverage: HEXAB N's debt is well covered by operating cash flow (34.6%).
Interest Coverage: HEXAB N's interest payments on its debt are well covered by EBIT (31.1x coverage).