Hexagon Composites ASA

Hexagon Composites ASAverified

HEX.OL

Price:

$43.45

Market Cap:

$9.07B

Hexagon Composites ASA, together with its subsidiaries, produces and sells composite pressure cylinders and fuel systems in Norway, Europe, North America, South-East Asia, the Middle East, and internationally. The company operates through Hexagon Agility & CNG LDV, Hexagon Purus, Hexagon Digital Wave, and Hexagon Ragasco LPG segments. The Hexagon Agility & CNG LDV segment provides clean fuel solutions for commercial vehicles, passenger vehicles, and gaseous energy transportation. Hexagon Purus segment provides high pressure cylinders, vehicle systems, and battery backs for fuel cell and battery electric vehicles. The Hexagon Digital Wave segment offers cylinder testing and monitoring technol...[Read more]

Industry

Packaging & Containers

IPO Date

2000-01-03

Stock Exchange

OSL

Ticker

HEX.OL

The Current Ratio as of September 2024 (TTM) for Hexagon Composites ASA (HEX.OL) is 2.04

According to Hexagon Composites ASA’s latest financial reports and current stock price. The company's current Current Ratio is 2.04. This represents a change of 66.21% compared to the average of 1.23 of the last 4 quarters.

Hexagon Composites ASA (HEX.OL) Historical Current Ratio (quarterly & annually)

How has HEX.OL Current Ratio performed in the past?

The mean historical Current Ratio of Hexagon Composites ASA over the last ten years is 1.91. The current 2.04 Current Ratio has changed 10.60% with respect to the historical average. Over the past ten years (40 quarters), HEX.OL's Current Ratio was at its highest in in the September 2016 quarter at 4.97. The Current Ratio was at its lowest in in the March 2024 quarter at 0.65.

Quarterly (TTM)
Annual

Average

1.91

Median

1.78

Minimum

0.73

Maximum

3.23

Hexagon Composites ASA (HEX.OL) Current Ratio by Quarter and Year

Discovering the peaks and valleys of Hexagon Composites ASA Current Ratio, unveiling quarterly and yearly fluctuations to gain insights into the company’s financial performance and market dynamics, offering valuable data for investors and analysts alike.

Maximum Annual Increase = 83.50%

Maximum Annual Current Ratio = 3.23

Minimum Annual Increase = -56.15%

Minimum Annual Current Ratio = 0.73

Quarterly (TTM)
Annual
YearCurrent RatioChange
20230.73-56.15%
20221.66-30.29%
20212.38-26.20%
20203.2383.50%
20191.7619.08%
20181.48-12.26%
20171.68-6.22%
20161.80-18.44%
20152.202.18%
20142.16-12.28%

Hexagon Composites ASA (HEX.OL) Average Current Ratio

How has HEX.OL Current Ratio performed in the past?

The current Current Ratio of Hexagon Composites ASA (HEX.OL) is greater than its 3-year, greater than its 5-year, and greater than its 10-year historical averages

3-year avg

1.59

5-year avg

1.95

10-year avg

1.91

Hexagon Composites ASA (HEX.OL) Current Ratio vs. Peers

How is HEX.OL’s Current Ratio compared to its peers?

Hexagon Composites ASA’s Current Ratio is less than Nel ASA (0), less than PowerCell Sweden AB (publ) (3.94), greater than Tomra Systems ASA (1.99), greater than Scatec ASA (1.55), greater than null (0.95),

CompanyCurrent RatioMarket cap
0$9.25B
3.94$1.50B
1.99$47.24B
1.55$12.92B
0.95$0

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