Hexagon Composites ASA (HEX) - Cash Flow Conversion Efficiency

Latest as of December 2025: -0.014x

Based on the latest financial reports, Hexagon Composites ASA (HEX) has a cash flow conversion efficiency ratio of -0.014x as of December 2025. Cash flow conversion efficiency measures how effectively a company's net assets (equity) generate operating cash flow. It is calculated by dividing operating cash flow (Nkr-36.68 Million ≈ $-3.86 Million USD) by net assets (Nkr2.67 Billion ≈ $281.22 Million USD). A higher ratio indicates that the company is more efficient at using its equity to generate cash flow from its core operations. See HEX equity to assets ratio to measure how much of total assets are equity-financed.

Hexagon Composites ASA - Cash Flow Conversion Efficiency Trend (2000–2025)

This chart illustrates how Hexagon Composites ASA's cash flow conversion efficiency has evolved over time, based on yearly financial data. Check HEX cash flow quality index to evaluate the quality of earnings relative to operating cash generation.

Hexagon Composites ASA Competitors by Cash Flow Conversion Efficiency

The table below lists competitors of Hexagon Composites ASA ranked by their cash flow conversion efficiency.

Company	Cash Flow Conversion Efficiency
Hung Sheng Construction Ltd TW:2534	-0.013x
Andretti Acquisition Corp. II Class A Ordinary Shares NASDAQ:POLE	-0.002x
Calamos LongShort Equity & Dynamic Income Trust NASDAQ:CPZ	0.125x
Xuchang Ketop Testing Research Ins SHE:003008	0.026x
Jih Lin Technology Co Ltd TW:5285	0.010x
European Wax Center Inc NASDAQ:EWCZ	0.165x
NexPoint Strategic Opportunities Fund NYSE:NXDT	0.002x
Master Tec Group Berhad KLSE:0295	0.100x

Annual Cash Flow Conversion Efficiency for Hexagon Composites ASA (2000–2025)

The table below shows the annual cash flow conversion efficiency of Hexagon Composites ASA from 2000 to 2025. For the full company profile with market capitalisation and key ratios, see HEX market cap overview.

Year	Net Assets	Operating Cash Flow	Cash Flow Conversion Efficiency	Change
2025-12-31	Nkr2.67 Billion ≈ $281.22 Million	Nkr-36.68 Million ≈ $-3.86 Million	-0.014x	-140.06%
2024-12-31	Nkr3.60 Billion ≈ $378.46 Million	Nkr123.22 Million ≈ $12.97 Million	0.034x	-53.89%
2023-12-31	Nkr3.21 Billion ≈ $338.21 Million	Nkr238.80 Million ≈ $25.13 Million	0.074x	+161.42%
2022-12-31	Nkr3.47 Billion ≈ $365.02 Million	Nkr98.59 Million ≈ $10.37 Million	0.028x	+128.73%
2021-12-31	Nkr3.48 Billion ≈ $366.65 Million	Nkr-344.70 Million ≈ $-36.27 Million	-0.099x	-255.21%
2020-12-31	Nkr3.60 Billion ≈ $378.39 Million	Nkr229.20 Million ≈ $24.12 Million	0.064x	-7.23%
2019-12-31	Nkr2.15 Billion ≈ $226.56 Million	Nkr147.93 Million ≈ $15.57 Million	0.069x	-31.56%
2018-12-31	Nkr1.54 Billion ≈ $162.06 Million	Nkr154.60 Million ≈ $16.27 Million	0.100x	+56.79%
2017-12-31	Nkr1.41 Billion ≈ $148.63 Million	Nkr90.43 Million ≈ $9.52 Million	0.064x	+2215.98%
2016-12-31	Nkr1.33 Billion ≈ $140.29 Million	Nkr-4.03 Million ≈ $-424.49K	-0.003x	-103.45%
2015-12-31	Nkr470.14 Million ≈ $49.47 Million	Nkr41.28 Million ≈ $4.34 Million	0.088x	-78.10%
2014-12-31	Nkr487.11 Million ≈ $51.26 Million	Nkr195.27 Million ≈ $20.55 Million	0.401x	-14.71%
2013-12-31	Nkr348.56 Million ≈ $36.68 Million	Nkr163.83 Million ≈ $17.24 Million	0.470x	+4.87%
2012-12-31	Nkr259.49 Million ≈ $27.31 Million	Nkr116.30 Million ≈ $12.24 Million	0.448x	+1.16%
2011-12-31	Nkr264.90 Million ≈ $27.87 Million	Nkr117.36 Million ≈ $12.35 Million	0.443x	+168.55%
2010-12-31	Nkr253.58 Million ≈ $26.68 Million	Nkr41.83 Million ≈ $4.40 Million	0.165x	-69.40%
2009-12-31	Nkr257.90 Million ≈ $27.14 Million	Nkr139.03 Million ≈ $14.63 Million	0.539x	+12.83%
2008-12-31	Nkr200.87 Million ≈ $21.14 Million	Nkr95.97 Million ≈ $10.10 Million	0.478x	+174.35%
2007-12-31	Nkr203.89 Million ≈ $21.45 Million	Nkr35.51 Million ≈ $3.74 Million	0.174x	+182.89%
2006-12-31	Nkr206.37 Million ≈ $21.72 Million	Nkr12.70 Million ≈ $1.34 Million	0.062x	-65.92%
2005-12-31	Nkr202.38 Million ≈ $21.30 Million	Nkr36.55 Million ≈ $3.85 Million	0.181x	-20.83%
2004-12-31	Nkr180.28 Million ≈ $18.97 Million	Nkr41.13 Million ≈ $4.33 Million	0.228x	+8.51%
2003-12-31	Nkr131.38 Million ≈ $13.83 Million	Nkr27.62 Million ≈ $2.91 Million	0.210x	+256.73%
2002-12-31	Nkr138.72 Million ≈ $14.60 Million	Nkr8.18 Million ≈ $860.35K	0.059x	-37.20%
2001-12-31	Nkr112.16 Million ≈ $11.80 Million	Nkr10.53 Million ≈ $1.11 Million	0.094x	-58.66%
2000-12-31	Nkr77.61 Million ≈ $8.17 Million	Nkr17.62 Million ≈ $1.85 Million	0.227x	--

About Hexagon Composites ASA

OL:HEX Norway Packaging & Containers

Market Cap

$256.26 Million

Nkr2.44 Billion NOK

Market Cap Rank

#15438 Global

#119 in Norway

Share Price

Nkr9.75

Change (1 day)

-1.02%

52-Week Range

Nkr6.36 - Nkr19.50

All Time High

Nkr72.60