Hexagon Composites (2HX) Ratios
Hexagon Composites Ratios
DE:2HX's free cash flow for Q2 2026 was $113.30M. For the 2026 fiscal year, DE:2HX's free cash flow was decreased by $-5.64M and operating cash flow was $118.94M. See a summary of the company’s cash flow.
| Ratios | Dec 25 | Dec 24 | Dec 23 | Dec 22 | Dec 21 |
|---|---|---|---|---|---|
| Liquidity Ratios | |||||
| Current Ratio | 3.18 | 1.93 | 0.73 | 1.66 | 2.38 |
| Quick Ratio | 1.32 | 0.99 | 0.32 | 0.89 | 1.41 |
| Cash Ratio | 0.35 | 0.24 | 0.06 | 0.36 | 0.51 |
| Solvency Ratio | -0.32 | -0.01 | 0.47 | -0.02 | 0.00 |
| Operating Cash Flow Ratio | -0.31 | 0.12 | 0.14 | 0.05 | -0.29 |
| Short-Term Operating Cash Flow Coverage | 0.00 | 0.73 | 0.35 | 0.42 | -25.28 |
| Net Current Asset Value | $ -738.20M | $ -1.09B | $ -1.26B | $ -1.11B | $ -216.73M |
| Leverage Ratios | |||||
| Debt-to-Assets Ratio | 0.33 | 0.27 | 0.24 | 0.29 | 0.23 |
| Debt-to-Equity Ratio | 0.66 | 0.54 | 0.48 | 0.76 | 0.47 |
| Debt-to-Capital Ratio | 0.40 | 0.35 | 0.32 | 0.43 | 0.32 |
| Long-Term Debt-to-Capital Ratio | 0.32 | 0.24 | 0.00 | 0.33 | 0.27 |
| Financial Leverage Ratio | 2.00 | 2.00 | 1.98 | 2.64 | 2.10 |
| Debt Service Coverage Ratio | 0.65 | -0.06 | -0.25 | 1.00 | 0.29 |
| Interest Coverage Ratio | -1.22 | 1.99 | 0.81 | 1.04 | -1.23 |
| Debt to Market Cap | 0.70 | 0.14 | 0.18 | 0.31 | 0.26 |
| Interest Debt Per Share | 8.42 | 10.15 | 7.97 | 11.80 | 11.42 |
| Net Debt to EBITDA | 53.97 | 39.21 | -4.27 | 4.39 | 13.11 |
| Profitability Margins | |||||
| Gross Profit Margin | 49.64% | 48.78% | 45.01% | 52.63% | 52.10% |
| EBIT Margin | -8.17% | -4.09% | -14.60% | 3.01% | -4.91% |
| EBITDA Margin | 0.96% | 0.83% | -7.27% | 8.26% | 1.88% |
| Operating Profit Margin | -8.17% | 7.60% | 3.22% | 2.47% | -4.35% |
| Pretax Profit Margin | -41.85% | -18.61% | -22.49% | 0.55% | -8.52% |
| Net Profit Margin | -38.44% | -5.73% | 26.69% | -7.26% | -6.70% |
| Continuous Operations Profit Margin | -38.44% | -19.89% | -22.46% | 0.13% | -9.25% |
| Net Income Per EBT | 91.84% | 30.80% | -118.70% | -1309.19% | 78.65% |
| EBT Per EBIT | 511.96% | -244.82% | -697.72% | 22.47% | 195.82% |
| Return on Assets (ROA) | -21.38% | -3.94% | 18.76% | -3.94% | -3.64% |
| Return on Equity (ROE) | -42.79% | -7.90% | 37.20% | -10.41% | -7.64% |
| Return on Capital Employed (ROCE) | -5.13% | 6.37% | 3.89% | 1.79% | -2.89% |
| Return on Invested Capital (ROIC) | -4.66% | 6.10% | 2.96% | 0.40% | -2.85% |
| Return on Tangible Assets | -31.30% | -5.42% | 25.97% | -5.84% | -5.75% |
| Earnings Yield | -63.44% | -2.99% | 19.15% | -5.66% | -5.18% |
| Efficiency Ratios | |||||
| Receivables Turnover | 6.01 | 6.56 | 7.68 | 4.86 | 3.86 |
| Payables Turnover | 8.32 | 6.41 | 6.48 | 4.06 | 4.32 |
| Inventory Turnover | 1.32 | 2.09 | 2.24 | 1.50 | 1.48 |
| Fixed Asset Turnover | 2.28 | 3.37 | 3.44 | 2.37 | 2.74 |
| Asset Turnover | 0.56 | 0.69 | 0.70 | 0.54 | 0.54 |
| Working Capital Turnover Ratio | 2.35 | 21.48 | 15.19 | 2.90 | 1.90 |
| Cash Conversion Cycle | 293.71 | 173.14 | 154.08 | 227.89 | 256.94 |
| Days of Sales Outstanding | 60.70 | 55.68 | 47.52 | 75.07 | 94.57 |
| Days of Inventory Outstanding | 276.87 | 174.43 | 162.89 | 242.65 | 246.92 |
| Days of Payables Outstanding | 43.87 | 56.97 | 56.33 | 89.84 | 84.55 |
| Operating Cycle | 337.57 | 230.11 | 210.41 | 317.73 | 341.49 |
| Cash Flow Ratios | |||||
| Operating Cash Flow Per Share | -0.81 | 0.72 | 1.76 | 0.49 | -2.46 |
| Free Cash Flow Per Share | -1.16 | -0.70 | -0.39 | -2.41 | -5.05 |
| Dividend Paid and CapEx Coverage Ratio | -2.27 | 0.51 | 0.82 | 0.17 | -0.95 |
| Capital Expenditure Coverage Ratio | -2.27 | 0.51 | 0.82 | 0.17 | -0.95 |
| Operating Cash Flow Coverage Ratio | -0.11 | 0.08 | 0.25 | 0.04 | -0.23 |
| Operating Cash Flow to Sales Ratio | -0.06 | 0.03 | 0.08 | 0.02 | -0.10 |
| Free Cash Flow Yield | -15.00% | -1.54% | -1.34% | -8.80% | -15.41% |
| Valuation Ratios | |||||
| Price-to-Earnings (P/E) Ratio | -1.58 | -33.46 | 5.22 | -17.68 | -19.29 |
| Price-to-Sales (P/S) Ratio | 0.61 | 1.91 | 1.39 | 1.28 | 1.29 |
| Price-to-Book (P/B) Ratio | 0.67 | 2.64 | 1.94 | 1.84 | 1.47 |
| Price-to-Free Cash Flow (P/FCF) Ratio | -6.67 | -64.89 | -74.82 | -11.36 | -6.49 |
| Price-to-Operating Cash Flow Ratio | -9.60 | 63.40 | 16.44 | 55.83 | -13.28 |
| Price-to-Earnings Growth (PEG) Ratio | -0.01 | 0.52 | 0.06 | -0.60 | -0.16 |
| Enterprise Value Multiple | 116.80 | 268.78 | -23.44 | 19.94 | 81.90 |
| Enterprise Value | 3.32B | 10.92B | 7.70B | 7.06B | 5.45B |
| EV to EBITDA | 116.80 | 268.78 | -23.44 | 19.94 | 81.90 |
| EV to Sales | 1.13 | 2.24 | 1.70 | 1.65 | 1.54 |
| EV to Free Cash Flow | -12.39 | -75.97 | -91.50 | -14.57 | -7.72 |
| EV to Operating Cash Flow | -17.85 | 74.22 | 20.10 | 71.60 | -15.81 |
| Tangible Book Value Per Share | 4.14 | 7.84 | 6.55 | 4.47 | 7.86 |
| Shareholders’ Equity Per Share | 11.47 | 17.24 | 14.87 | 14.89 | 22.21 |
| Tax and Other Ratios | |||||
| Effective Tax Rate | 0.08 | -0.07 | 0.00 | 0.77 | -0.09 |
| Revenue Per Share | 12.77 | 23.76 | 20.72 | 21.34 | 25.31 |
| Net Income Per Share | -4.91 | -1.36 | 5.53 | -1.55 | -1.70 |
| Tax Burden | 0.92 | 0.31 | -1.19 | -13.09 | 0.79 |
| Interest Burden | 5.12 | 4.55 | 1.54 | 0.18 | 1.73 |
| Research & Development to Revenue | 0.00 | 0.00 | 0.01 | 0.01 | 0.04 |
| SG&A to Revenue | 0.00 | 0.23 | 0.00 | 0.00 | 0.00 |
| Stock-Based Compensation to Revenue | 0.00 | 0.01 | 0.01 | 0.01 | 0.01 |
| Income Quality | 0.15 | -0.69 | 0.34 | -0.24 | 1.14 |
Currency in NOK