Hexagon Composites ASA (HEX) - Cash Flow Conversion Efficiency
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) by net assets (Nkr2.67 Billion). A higher ratio indicates that the company is more efficient at using its equity to generate cash flow from its core operations.
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. Explore and compare other companies by cash flow conversion efficiency.
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 |
|---|---|
|
First of Long Island Corp
NASDAQ:FLIC
|
0.003x |
|
Bait Bakfar Ltd
TA:BKFR
|
0.014x |
|
Shindaeyang Pa
KO:016590
|
0.008x |
|
GoldMining Inc
NYSE MKT:GLDG
|
-0.030x |
|
InBody Co.Ltd
KQ:041830
|
0.032x |
|
Webzen Inc
KQ:069080
|
0.009x |
|
Siamese Asset Public Company Limited
BK:SA
|
-0.001x |
|
Arima Real Estate SOCIMI SA
MC:ARM
|
0.000x |
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.
| Year | Net Assets | Operating Cash Flow | Cash Flow Conversion Efficiency | Change |
|---|---|---|---|---|
| 2025-12-31 | Nkr2.67 Billion | Nkr-36.68 Million | -0.014x | -140.06% |
| 2024-12-31 | Nkr3.60 Billion | Nkr123.22 Million | 0.034x | -53.89% |
| 2023-12-31 | Nkr3.21 Billion | Nkr238.80 Million | 0.074x | +161.42% |
| 2022-12-31 | Nkr3.47 Billion | Nkr98.59 Million | 0.028x | +128.73% |
| 2021-12-31 | Nkr3.48 Billion | Nkr-344.70 Million | -0.099x | -255.21% |
| 2020-12-31 | Nkr3.60 Billion | Nkr229.20 Million | 0.064x | -7.23% |
| 2019-12-31 | Nkr2.15 Billion | Nkr147.93 Million | 0.069x | -31.56% |
| 2018-12-31 | Nkr1.54 Billion | Nkr154.60 Million | 0.100x | +56.79% |
| 2017-12-31 | Nkr1.41 Billion | Nkr90.43 Million | 0.064x | +2215.98% |
| 2016-12-31 | Nkr1.33 Billion | Nkr-4.03 Million | -0.003x | -103.45% |
| 2015-12-31 | Nkr470.14 Million | Nkr41.28 Million | 0.088x | -78.10% |
| 2014-12-31 | Nkr487.11 Million | Nkr195.27 Million | 0.401x | -14.71% |
| 2013-12-31 | Nkr348.56 Million | Nkr163.83 Million | 0.470x | +4.87% |
| 2012-12-31 | Nkr259.49 Million | Nkr116.30 Million | 0.448x | +1.16% |
| 2011-12-31 | Nkr264.90 Million | Nkr117.36 Million | 0.443x | +168.55% |
| 2010-12-31 | Nkr253.58 Million | Nkr41.83 Million | 0.165x | -69.40% |
| 2009-12-31 | Nkr257.90 Million | Nkr139.03 Million | 0.539x | +12.83% |
| 2008-12-31 | Nkr200.87 Million | Nkr95.97 Million | 0.478x | +174.35% |
| 2007-12-31 | Nkr203.89 Million | Nkr35.51 Million | 0.174x | +182.89% |
| 2006-12-31 | Nkr206.37 Million | Nkr12.70 Million | 0.062x | -65.92% |
| 2005-12-31 | Nkr202.38 Million | Nkr36.55 Million | 0.181x | -20.83% |
| 2004-12-31 | Nkr180.28 Million | Nkr41.13 Million | 0.228x | +8.51% |
| 2003-12-31 | Nkr131.38 Million | Nkr27.62 Million | 0.210x | +256.73% |
| 2002-12-31 | Nkr138.72 Million | Nkr8.18 Million | 0.059x | -37.20% |
| 2001-12-31 | Nkr112.16 Million | Nkr10.53 Million | 0.094x | -58.66% |
| 2000-12-31 | Nkr77.61 Million | Nkr17.62 Million | 0.227x | -- |
About Hexagon Composites ASA
Hexagon Composites ASA, together with its subsidiaries, provides alternative fuel systems and solutions to commercial vehicles and gas distribution companies worldwide. The company operates in Hexagon Agility and Hexagon Digital Wave segments. It also offers cylinder testing and monitoring technologies. The company was founded in 1985 and is headquartered in Ålesund, Norway.