Cash to Debt Ratio measures the financial strength of a company. It is calculated as a company's cash, cash equivalents, and marketable securities divide by its debt. Hexcel's cash to debt ratio for the quarter that ended in Dec. 2023 was 0.33.
If Cash to Debt ratio is less than 1, the company cannot pay off its debt using the cash in hand. Here we can see, Hexcel couldn't pay off its debt using the cash in hand for the quarter that ended in Dec. 2023.
The historical rank and industry rank for Hexcel's Cash-to-Debt or its related term are showing as below:
HXL'
s Cash-to-Debt Range Over the Past 10 Years
Min: 0.03 Med: 0.1 Max: 0.33
Current: 0.33
During the past 13 years, Hexcel's highest Cash to Debt Ratio was 0.33. The lowest was 0.03. And the median was 0.10.
Hexcel Cash-to-Debt Historical Data
The historical data trend for Hexcel's Cash-to-Debt can be seen below:
* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.
Note: An indication of "No Debt" does not necessarily mean that the company has no debt obligations; it could be due to missing data in the quarterly or annual report. Use caution when interpreting this information.
|
Hexcel Annual Data
|
|
Trend |
Dec14 |
Dec15 |
Dec16 |
Dec17 |
Dec18 |
Dec19 |
Dec20 |
Dec21 |
Dec22 |
Dec23 |
| Cash-to-Debt |
|
|
|
|
|
|
0.06 |
0.11 |
0.16 |
0.16 |
0.33 |
|
Hexcel Quarterly Data
|
|
Mar19 |
Jun19 |
Sep19 |
Dec19 |
Mar20 |
Jun20 |
Sep20 |
Dec20 |
Mar21 |
Jun21 |
Sep21 |
Dec21 |
Mar22 |
Jun22 |
Sep22 |
Dec22 |
Mar23 |
Jun23 |
Sep23 |
Dec23 |
| Cash-to-Debt |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
0.16 |
0.14 |
0.13 |
0.13 |
0.33 |
Competitive Comparison
For the Aerospace & Defense subindustry, Hexcel's Cash-to-Debt, along with its competitors' market caps and Cash-to-Debt data, can be viewed below:
* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.
Hexcel Cash-to-Debt Distribution
For the Aerospace & Defense industry and Industrials sector, Hexcel's Cash-to-Debt distribution charts can be found below:
* The bar in red indicates where Hexcel's Cash-to-Debt falls into.
Hexcel Cash-to-Debt Calculation
This is the ratio of a company's
Cash, Cash Equivalents, Marketable Securities
to its debt. The debt includes the Short-Term Debt & Capital Lease Obligation and Long-Term Debt & Capital Lease Obligation. This ratio measures the financial strength of a company. This ratio is updated quarterly.
Hexcel's Cash to Debt Ratio for the fiscal year that ended in Dec. 2023 is calculated as:
Hexcel's Cash to Debt Ratio for the quarter that ended in Dec. 2023 is calculated as:
* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.
Hexcel (Hexcel) Business Description
Traded in Other Exchanges
Address
281 Tresser Boulevard, Two Stamford Plaza, 16th Floor, Stamford, CT, USA, 06901
Founded in 1948, Hexcel designs and manufactures a range of high-performance composite fibers, fabrics, resins, and structures for use in commercial aerospace, defense, and other industrial markets. These are engineered to be lighter than metal and perform under rigorous conditions in aircraft frames, wings, engines, and other components and subassemblies. The company's name derives from the six-sided honeycomb structures that lend many of its products their light weight and rigidity. Hexcel's biggest customers are Airbus (38% of 2022 sales) and Boeing (25% of prepandemic sales) and its respective subcontractors.
Executives
| Gail E Lehman |
officer: See Remarks |
801 CRESCENT CENTRE DRIVE, SUITE 600, FRANKLIN TN 37067 |
| Marilyn Minus |
director |
C/O NORTHEASTERN UNIVERSITY, 360 HUNTINGTON AVENUE, MIE DEPT., 334SN, BOSTON MA 2115-5000 |
| Thierry Merlot |
officer: See Remarks |
C/O HEXCEL CORPORATION, 281 TRESSER BLVD., STAMFORD CT 06901--326 |
| Philippe Chevrier |
officer: See Remarks |
C/O HEXCEL CORPORATION, TWO STAMFORD PLAZA, 281 TRESSER BLVD., STAMFORD CT 06901 |
| Gina Fitzsimons |
officer: See Remarks |
C/O HEXCEL CORPORATION, TWO STAMFORD PLAZA, 281 TRESSER BLVD., STAMFORD CT 06901 |
| Robert George Hennemuth |
officer: See Remarks |
C/O HEXCEL CORPORATION, 281 TRESSER BLVD. 16TH FLOOR, STAMFORD CT 06901 |
| Nick L Stanage |
officer: President |
20807 DECATUR STREET, CASSOPOLIS MI 49031 |
| Amy S Evans |
officer: See Remarks |
2701 SPRUCE STREET, QUINCY IL 62301 |
| Kimberly A. Hendricks |
officer: SVP, Corp. Controller & CAO |
521 WEST 57TH STREET, NEW YORK NY 10019 |
| Brett Raymond Schneider |
officer: President - Global Fibers |
C/O HEXCEL CORPORATION, 281 TRESSER BLVD., 16TH FLOOR, STAMFORD CT 06901 |
| Timothy Swords |
officer: President, Industrial |
C/O HEXCEL CORPORATION, 281 TRESSER BLVD., STAMFORD CT 06901-3261 |
| Pritchett Colleen |
officer: See Remarks |
C/O HEXCEL CORPORATION, 281 TRESSER BLVD., 16TH FLOOR, STAMFORD CT 06901 |
| Jeffrey A Graves |
director |
C/O C&D TECHNOLOGIES, INC., 1400 UNION MEETING RD, BLUE BELL PA 19422 |
| Patrick Winterlich |
officer: See Remarks |
HEXCEL CORPORATION, 281 TRESSER BLVD., STAMFORD CT 06901 |
| Guy C Hachey |
director |
5725 DELPHI DRIVE, TROY MI 48098 |
Hexcel (Hexcel) Headlines
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