Hexagon Composites ASA Cash Flow Conversion Efficiency
Hexagon Composites ASA 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 ≈ $-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.
Cash Flow Conversion Efficiency of Hexagon Composites ASA (2000–2025)
Cash flow conversion efficiency of Hexagon Composites ASA from 2000 to 2025. This chart illustrates how Hexagon Composites ASA's cash flow conversion efficiency has evolved over time, based on yearly financial data. View latest Hexagon Composites ASA stock price today for real-time trading data and today's change.
Hexagon Composites ASA Cash Flow Conversion Ratio Explained
Hexagon Composites ASA cash flow conversion ratio divides operating cash flow by net assets, so a higher ratio means more cash generated from each unit of shareholder equity.
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. Also see Hexagon Composites ASA (HEX) total market value for the company's overall valuation and market capitalisation.
| Company | Cash Flow Conversion Efficiency |
|---|---|
|
TTS (TRANSPORT TRADE SERVICES)
RO:TTS
|
0.033x |
|
Flat Capital AB Series B
ST:FLAT-B
|
-0.005x |
|
Shandong Zhangqiu Blower Co Ltd
SHE:002598
|
-0.016x |
|
3I Group PLC
LSE:III
|
0.001x |
|
Ressources Minieres Radisson Inc
V:RDS
|
0.005x |
|
Hypothekarbank Lenzburg AG
SW:HBLN
|
-0.426x |
|
SolGold PLC
TO:SOLG
|
-0.013x |
|
Perpetual Equity Investment Company Ltd
AU:PIC
|
-0.011x |
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. Review HEX cash flow after capex ratio to assess how much free cash flow the company generates relative to operating cash flow.
| 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
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.