Hexagon Balance Sheet Health
Financial Health criteria checks 4/6
Hexagon has a total shareholder equity of €10.5B and total debt of €3.6B, which brings its debt-to-equity ratio to 34.8%. Its total assets and total liabilities are €17.0B and €6.6B respectively. Hexagon's EBIT is €1.3B making its interest coverage ratio 8. It has cash and short-term investments of €506.0M.
Key information
34.8%
Debt to equity ratio
€3.64b
Debt
Interest coverage ratio | 8x |
Cash | €506.00m |
Equity | €10.47b |
Total liabilities | €6.57b |
Total assets | €17.04b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: HXGB.F's short term assets (€2.7B) do not cover its short term liabilities (€2.8B).
Long Term Liabilities: HXGB.F's short term assets (€2.7B) do not cover its long term liabilities (€3.8B).
Debt to Equity History and Analysis
Debt Level: HXGB.F's net debt to equity ratio (30%) is considered satisfactory.
Reducing Debt: HXGB.F's debt to equity ratio has reduced from 40.9% to 34.8% over the past 5 years.
Debt Coverage: HXGB.F's debt is well covered by operating cash flow (39.7%).
Interest Coverage: HXGB.F's interest payments on its debt are well covered by EBIT (8x coverage).