Hexagon Composites ASA (HEX) - Total Liabilities
Based on the latest financial reports, Hexagon Composites ASA (HEX) has total liabilities worth Nkr2.62 Billion NOK (≈ $275.88 Million USD) as of December 2025. Total liabilities represent everything the company owes to external parties, combining both current liabilities—like accounts payable, short-term debt, and accrued expenses—and non-current liabilities such as long-term debt, pension obligations, lease liabilities, and deferred tax liabilities.
Hexagon Composites ASA - Total Liabilities Trend (2000–2025)
This chart illustrates how Hexagon Composites ASA's total liabilities have evolved over time, based on quarterly financial data. See HEX current assets to equity ratio to evaluate short-term liquidity relative to the company's equity base.
Hexagon Composites ASA Competitors by Total Liabilities
The table below lists competitors of Hexagon Composites ASA ranked by their total liabilities.
| Company | Country | Total Liabilities |
|---|---|---|
|
Nitco Limited
NSE:NITCO
|
India | Rs6.85 Billion |
|
Secuoya Grupo de Comunicación S.A
MC:SEC
|
Spain | €121.29 Million |
|
Investar Holding Corp
NASDAQ:ISTR
|
USA | $2.51 Billion |
|
Tatry Mountain Resorts a.s.
PR:TMR
|
Czech Republic | Kč453.90 Million |
|
AVE Science & Technology Co Ltd
SHG:688067
|
China | CN¥93.09 Million |
|
HPL Electric & Power Limited
NSE:HPL
|
India | Rs13.06 Billion |
|
Partron Co. Ltd
KQ:091700
|
Korea | ₩211.53 Billion |
|
ZHOU HEI YA HLDG -000001
F:ZHY
|
Germany | €861.45 Million |
Liability Composition Analysis (2000–2025)
This chart breaks down Hexagon Composites ASA's total liabilities into key components over time: long-term debt, short-term debt, other current liabilities, and other non-current liabilities. Toggle between absolute values and percentage view to see how the composition has shifted. For the full company profile including market capitalisation, see Hexagon Composites ASA market capitalisation.
Liquidity & Leverage Metrics
Key Metrics Explained
| Metric | Value | Description |
|---|---|---|
| Current Ratio | 3.18 | Measures ability to pay short-term obligations (Current Assets ÷ Current Liabilities) |
| Quick Ratio | N/A | More stringent measure of short-term liquidity ((Current Assets - Inventory) ÷ Current Liabilities) |
| Cash Ratio | 0.35 | Most conservative liquidity measure (Cash & Equivalents ÷ Current Liabilities) |
| Debt to Equity | 0.98 | Measures financial leverage (Total Liabilities ÷ Shareholder Equity) |
| Debt to Assets | 0.50 | Portion of assets financed with debt (Total Liabilities ÷ Total Assets) |
Liability Trends Comparison
This chart compares key liability metrics across different time periods, showing how Hexagon Composites ASA's debt structure has evolved. The comparison includes total liabilities, long-term debt, and current liabilities.
Annual Total Liabilities for Hexagon Composites ASA (2000–2025)
The table below shows the annual total liabilities of Hexagon Composites ASA from 2000 to 2025.
| Year | Total Liabilities | Change |
|---|---|---|
| 2025-12-31 | Nkr2.62 Billion ≈ $275.88 Million |
-26.04% |
| 2024-12-31 | Nkr3.54 Billion ≈ $373.01 Million |
+10.29% |
| 2023-12-31 | Nkr3.21 Billion ≈ $338.21 Million |
-27.53% |
| 2022-12-31 | Nkr4.43 Billion ≈ $466.68 Million |
+46.32% |
| 2021-12-31 | Nkr3.03 Billion ≈ $318.94 Million |
+17.98% |
| 2020-12-31 | Nkr2.57 Billion ≈ $270.34 Million |
-3.94% |
| 2019-12-31 | Nkr2.67 Billion ≈ $281.44 Million |
+148.50% |
| 2018-12-31 | Nkr1.08 Billion ≈ $113.26 Million |
+9.95% |
| 2017-12-31 | Nkr978.86 Million ≈ $103.00 Million |
-10.33% |
| 2016-12-31 | Nkr1.09 Billion ≈ $114.88 Million |
+53.62% |
| 2015-12-31 | Nkr710.65 Million ≈ $74.78 Million |
+2.62% |
| 2014-12-31 | Nkr692.51 Million ≈ $72.87 Million |
-13.26% |
| 2013-12-31 | Nkr798.37 Million ≈ $84.01 Million |
+27.03% |
| 2012-12-31 | Nkr628.48 Million ≈ $66.13 Million |
+18.20% |
| 2011-12-31 | Nkr531.71 Million ≈ $55.95 Million |
-18.76% |
| 2010-12-31 | Nkr654.52 Million ≈ $68.87 Million |
+30.71% |
| 2009-12-31 | Nkr500.75 Million ≈ $52.69 Million |
-17.27% |
| 2008-12-31 | Nkr605.28 Million ≈ $63.69 Million |
+19.31% |
| 2007-12-31 | Nkr507.31 Million ≈ $53.38 Million |
-14.64% |
| 2006-12-31 | Nkr594.34 Million ≈ $62.54 Million |
+182.66% |
| 2005-12-31 | Nkr210.27 Million ≈ $22.13 Million |
+40.83% |
| 2004-12-31 | Nkr149.31 Million ≈ $15.71 Million |
-18.76% |
| 2003-12-31 | Nkr183.79 Million ≈ $19.34 Million |
+9.12% |
| 2002-12-31 | Nkr168.42 Million ≈ $17.72 Million |
-17.62% |
| 2001-12-31 | Nkr204.46 Million ≈ $21.51 Million |
+308.83% |
| 2000-12-31 | Nkr50.01 Million ≈ $5.26 Million |
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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.