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Hexcel (Hexcel) Debt-to-Equity : 0.44 (As of Mar. 2024)


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What is Hexcel Debt-to-Equity?

Hexcel's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2024 was $0 Mil. Hexcel's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2024 was $715 Mil. Hexcel's Total Stockholders Equity for the quarter that ended in Mar. 2024 was $1,632 Mil. Hexcel's debt to equity for the quarter that ended in Mar. 2024 was 0.44.

A high debt to equity ratio generally means that a company has been aggressive in financing its growth with debt. This can result in volatile earnings as a result of the additional interest expense.

The historical rank and industry rank for Hexcel's Debt-to-Equity or its related term are showing as below:

HXL' s Debt-to-Equity Range Over the Past 10 Years
Min: 0.34   Med: 0.56   Max: 0.98
Current: 0.44

During the past 13 years, the highest Debt-to-Equity Ratio of Hexcel was 0.98. The lowest was 0.34. And the median was 0.56.

HXL's Debt-to-Equity is ranked better than
51.57% of 254 companies
in the Aerospace & Defense industry
Industry Median: 0.445 vs HXL: 0.44

Hexcel Debt-to-Equity Historical Data

The historical data trend for Hexcel's Debt-to-Equity 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.

* Premium members only.

Hexcel Debt-to-Equity Chart

Hexcel Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Debt-to-Equity
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.73 0.61 0.55 0.47 0.41

Hexcel Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
Debt-to-Equity Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 0.47 0.47 0.46 0.41 0.44

Competitive Comparison of Hexcel's Debt-to-Equity

For the Aerospace & Defense subindustry, Hexcel's Debt-to-Equity, along with its competitors' market caps and Debt-to-Equity 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's Debt-to-Equity Distribution in the Aerospace & Defense Industry

For the Aerospace & Defense industry and Industrials sector, Hexcel's Debt-to-Equity distribution charts can be found below:

* The bar in red indicates where Hexcel's Debt-to-Equity falls into.



Hexcel Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

Hexcel's Debt to Equity Ratio for the fiscal year that ended in Dec. 2023 is calculated as

Hexcel's Debt to Equity Ratio for the quarter that ended in Mar. 2024 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  (NYSE:HXL) Debt-to-Equity Explanation

In the calculation of Debt to Equity, we use the total of Short-Term Debt & Capital Lease Obligation and Long-Term Debt & Capital Lease Obligation divided by Total Stockholders Equity. In some calculations, Total Liabilities is used to for calculation.


Be Aware

Because a company can increase its ROE % by having more financial leverage, it is important to watch the leverage ratio when investing in high ROE % companies.


Hexcel Debt-to-Equity Related Terms

Thank you for viewing the detailed overview of Hexcel's Debt-to-Equity provided by GuruFocus.com. Please click on the following links to see related term pages.


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