Hexagon Composites ASA (HEX) — Cash Flow Quality Index

Latest as of June 2025: -2.59x

Hexagon Composites ASA (HEX) has a Cash Flow Quality Index of -2.59x as of June 2025. Operating cash flow of Nkr-143.05 Million is below net income of Nkr55.27 Million, suggesting accrual-heavy earnings not yet converted to cash. Explore investment intensity of Hexagon Composites ASA to see how much of total assets are deployed in long-term investments.

Cash Flow Quality Index

-2.59x
Operating CF / Net Income

Operating Cash Flow

Nkr-143.05 Million
NOK

Net Income

Nkr55.27 Million
NOK

Data as of

Jun 2025
Most recent filing

Hexagon Composites ASA Cash Flow Quality Index (2000–2023)

Historical Cash Flow Quality Index for Hexagon Composites ASA across 19 annual periods. Values consistently above 1.0x indicate high-quality earnings. Check Hexagon Composites ASA tangible book value ratio to evaluate the tangible quality of the company's equity base.

Annual Cash Flow Quality Index for Hexagon Composites ASA (2000–2023)

Year-by-year earnings quality comparison for Hexagon Composites ASA. For live market cap and the full company financial profile, see Hexagon Composites ASA market capitalisation.

Year Quality Index Operating CF (NOK) Net Income YoY Change
2023 0.19x Nkr238.80 Million Nkr1.23 Billion ▼ -85.4%
2019 1.33x Nkr147.93 Million Nkr111.25 Million ▲ +45.1%
2018 0.92x Nkr154.60 Million Nkr168.73 Million ▼ -51.1%
2017 1.88x Nkr90.43 Million Nkr48.23 Million ▲ +14596.8%
2016 -0.01x Nkr-4.03 Million Nkr311.87 Million ▼ -100.0%
2015 141.84x Nkr41.28 Million Nkr291.00K ▲ +17146.2%
2014 0.82x Nkr195.27 Million Nkr237.42 Million ▼ -35.4%
2013 1.27x Nkr163.83 Million Nkr128.60 Million ▼ -91.0%
2012 14.11x Nkr116.30 Million Nkr8.24 Million ▲ +241.0%
2011 4.14x Nkr117.36 Million Nkr28.36 Million ▲ +169.6%
2010 1.53x Nkr41.83 Million Nkr27.25 Million ▼ -4.6%
2009 1.61x Nkr139.03 Million Nkr86.39 Million ▼ -71.6%
2007 5.67x Nkr35.51 Million Nkr6.26 Million ▲ +614.6%
2006 0.79x Nkr12.70 Million Nkr16.00 Million ▼ -33.0%
2005 1.18x Nkr36.55 Million Nkr30.85 Million ▼ -36.6%
2004 1.87x Nkr41.13 Million Nkr22.02 Million ▼ -94.6%
2002 34.79x Nkr8.18 Million Nkr235.00K ▲ +974.5%
2001 3.24x Nkr10.53 Million Nkr3.25 Million ▼ -32.8%
2000 4.82x Nkr17.62 Million Nkr3.65 Million
Cash Flow Quality Index = Operating Cash Flow / Net Income. Ratios above 1.0x indicate cash-backed earnings.