Hexagon Composites ASA (HEX) — Cash Flow Quality Index
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 HEX operating cash flow to total debt to assess how comfortably operating cash covers total debt obligations.
Cash Flow Quality Index
Operating Cash Flow
Net Income
Data as of
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. For the full cash flow conversion analysis, see Hexagon Composites ASA cash conversion from operations.
Annual Cash Flow Quality Index for Hexagon Composites ASA (2000–2023)
Year-by-year earnings quality comparison for Hexagon Composites ASA.
| 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 | — |