Hexagon Balance Sheet Health
Financial Health criteria checks 3/6
Hexagon has a total shareholder equity of €10.2B and total debt of €3.9B, which brings its debt-to-equity ratio to 38.1%. Its total assets and total liabilities are €17.0B and €6.7B respectively. Hexagon's EBIT is €1.5B making its interest coverage ratio 8.9. It has cash and short-term investments of €590.0M.
Key information
38.1%
Debt to equity ratio
€3.90b
Debt
| Interest coverage ratio | 8.9x |
| Cash | €590.00m |
| Equity | €10.24b |
| Total liabilities | €6.74b |
| Total assets | €16.98b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: HXGB.Y's short term assets (€2.8B) do not cover its short term liabilities (€3.0B).
Long Term Liabilities: HXGB.Y's short term assets (€2.8B) do not cover its long term liabilities (€3.7B).
Debt to Equity History and Analysis
Debt Level: HXGB.Y's net debt to equity ratio (32.4%) is considered satisfactory.
Reducing Debt: HXGB.Y's debt to equity ratio has increased from 37.7% to 38.1% over the past 5 years.
Debt Coverage: HXGB.Y's debt is well covered by operating cash flow (38.8%).
Interest Coverage: HXGB.Y's interest payments on its debt are well covered by EBIT (8.9x coverage).