Hexagon Composites ASA (HEX) — Defensive Interval Ratio
Hexagon Composites ASA (HEX) has a Defensive Interval Ratio of 435 days as of December 2025. Defensive assets of Nkr720.38 Million (cash Nkr211.41 Million, short-term investments Nkr19.38 Million, receivables Nkr489.60 Million) cover 435 days of daily cash needs of Nkr1.65 Million/day. Check Hexagon Composites ASA tangible book value ratio to evaluate the tangible quality of the company's equity base.
Defensive Interval Ratio
Defensive Assets
Daily Cash Need
Current Liabilities
Hexagon Composites ASA Defensive Interval Ratio (2000–2025)
This chart shows how Hexagon Composites ASA's Defensive Interval Ratio has evolved across 26 annual periods from 2000 to 2025. As of December 2025, the ratio stands at 435 days, meaning defensive assets of Nkr720.38 Million can fund 435 days of operations without new revenue. Also explore HEX year-over-year net asset growth to track the company's year-over-year net asset growth rate.
Annual Defensive Interval Ratio for Hexagon Composites ASA (2000–2025)
The table below presents the year-by-year Defensive Interval Ratio for Hexagon Composites ASA from 2000 to 2025, covering 26 annual filings. Each row shows defensive assets, daily cash need, the DIR in days, and the change in days compared to the prior year. For live market cap and the full company financial profile, see market cap of Hexagon Composites ASA.
| Year | DIR (days) | Defensive Assets (NOK) | Daily Cash Need | Cash | ST Investments | Change (days) |
|---|---|---|---|---|---|---|
| 2025 | 435 days | Nkr720.38 Million | Nkr1.65 Million/day | Nkr211.41 Million | Nkr19.38 Million | ▲ +101 days |
| 2024 | 335 days | Nkr1.16 Billion | Nkr3.47 Million/day | Nkr300.14 Million | Nkr120.00 Million | ▲ +260 days |
| 2023 | 75 days | Nkr551.36 Million | Nkr7.36 Million/day | Nkr- | Nkr- | ▼ -242 days |
| 2022 | 317 days | Nkr1.74 Billion | Nkr5.48 Million/day | Nkr713.55 Million | Nkr- | ▼ -186 days |
| 2021 | 504 days | Nkr1.63 Billion | Nkr3.23 Million/day | Nkr600.21 Million | Nkr- | ▼ -335 days |
| 2020 | 838 days | Nkr2.16 Billion | Nkr2.57 Million/day | Nkr1.65 Billion | Nkr-78.83 Million | ▲ +569 days |
| 2019 | 269 days | Nkr623.02 Million | Nkr2.31 Million/day | Nkr177.65 Million | Nkr-44.86 Million | ▲ +154 days |
| 2018 | 116 days | Nkr139.05 Million | Nkr1.20 Million/day | Nkr138.53 Million | Nkr367.00K | ▼ -46 days |
| 2017 | 162 days | Nkr171.40 Million | Nkr1.06 Million/day | Nkr171.60 Million | Nkr-383.00K | ▼ -231 days |
| 2016 | 393 days | Nkr381.65 Million | Nkr971.84K/day | Nkr208.07 Million | Nkr-1.33 Million | ▲ +113 days |
| 2015 | 280 days | Nkr232.40 Million | Nkr830.81K/day | Nkr- | Nkr5.37 Million | ▲ +27 days |
| 2014 | 253 days | Nkr248.67 Million | Nkr982.72K/day | Nkr- | Nkr6.36 Million | ▲ +39 days |
| 2013 | 214 days | Nkr146.22 Million | Nkr682.65K/day | Nkr- | Nkr4.90 Million | ▲ +18 days |
| 2012 | 197 days | Nkr150.07 Million | Nkr763.18K/day | Nkr- | Nkr-717.00K | ▼ -101 days |
| 2011 | 298 days | Nkr171.49 Million | Nkr576.34K/day | Nkr- | Nkr-542.00K | ▲ +30 days |
| 2010 | 268 days | Nkr241.35 Million | Nkr901.67K/day | Nkr- | Nkr-350.00K | ▼ -117 days |
| 2009 | 385 days | Nkr175.91 Million | Nkr456.99K/day | Nkr- | Nkr-334.00K | ▲ +162 days |
| 2008 | 223 days | Nkr156.31 Million | Nkr702.07K/day | Nkr- | Nkr- | ▼ -63 days |
| 2007 | 286 days | Nkr126.40 Million | Nkr442.13K/day | Nkr- | Nkr- | ▲ +72 days |
| 2006 | 214 days | Nkr149.23 Million | Nkr697.70K/day | Nkr- | Nkr- | ▼ -55 days |
| 2005 | 269 days | Nkr81.28 Million | Nkr302.09K/day | Nkr- | Nkr- | ▲ +27 days |
| 2004 | 242 days | Nkr52.96 Million | Nkr219.10K/day | Nkr- | Nkr- | ▼ -1 days |
| 2003 | 242 days | Nkr66.63 Million | Nkr274.82K/day | Nkr- | Nkr- | ▼ -163 days |
| 2002 | 405 days | Nkr58.31 Million | Nkr143.95K/day | Nkr- | Nkr- | ▲ +72 days |
| 2001 | 333 days | Nkr57.49 Million | Nkr172.80K/day | Nkr- | Nkr- | ▼ -96 days |
| 2000 | 429 days | Nkr26.80 Million | Nkr62.46K/day | Nkr- | Nkr- | — |