Hexagon Composites ASA (OSL:HEX) Debt-to-Equity: 0.66 (As of Dec. 2025) — 38% Above Median

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OSL:HEX Hexagon Composites ASA OSL:HEX
70 GF Score
Price kr13.99
GF Value kr12.26
Valuation Fairly Valued
! 7 Warning Signs
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What is Hexagon Composites ASA Debt-to-Equity?

Hexagon Composites ASA OSL:HEX +13.65% 70 Debt-to-Equity is 0.66 as of Dec. 2025, which is 38% above its 10-year median of 0.48. GuruFocus rates OSL:HEX with a GF Score™ of 70/100 and a GF Value™ of kr12.26 (Fairly Valued). The stock has 7 warning signs investors should review. Among 363 Packaging & Containers companies, Hexagon Composites ASA ranks worse than 63.36% on this metric.

Hexagon Composites ASA's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2025 was kr54 Mil. Hexagon Composites ASA's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2025 was kr1,697 Mil. Hexagon Composites ASA's Total Stockholders Equity for the quarter that ended in Dec. 2025 was kr2,645 Mil. Hexagon Composites ASA's debt to equity for the quarter that ended in Dec. 2025 was 0.66.

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 Hexagon Composites ASA's Debt-to-Equity or its related term are showing as below:

OSL:HEX' s Debt-to-Equity Range Over the Past 10 Years
Min: 0.27   Med: 0.48   Max: 0.76
Current: 0.66

During the past 13 years, the highest Debt-to-Equity Ratio of Hexagon Composites ASA was 0.76. The lowest was 0.27. And the median was 0.48.

OSL:HEX's Debt-to-Equity is ranked worse than
63.36% of 363 companies
in the Packaging & Containers industry
Industry Median: 0.43 vs OSL:HEX: 0.66

Hexagon Composites ASA  (OSL:HEX) 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.


Hexagon Composites ASA Debt-to-Equity Related Terms


Hexagon Composites ASA Debt-to-Equity Historical Data

* Premium members only.

The historical data trend for Hexagon Composites ASA'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.

Hexagon Composites ASA Debt-to-Equity Chart

Hexagon Composites ASA Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Debt-to-Equity
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.47 0.76 0.49 0.54 0.66

Hexagon Composites ASA Quarterly Data
Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25
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 0.54 0.73 0.87 0.61 0.66

OSL:HEX vs SW, PKG, IP: Debt-to-Equity Comparison

For the Packaging & Containers subindustry, Hexagon Composites ASA'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.


Hexagon Composites ASA Debt-to-Equity vs Packaging & Containers Industry

For the Packaging & Containers industry and Consumer Cyclical sector, Hexagon Composites ASA's Debt-to-Equity distribution charts can be found below:

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


OSL:HEX
70GF Score
Hexagon Composites ASA OSL:HEX
Debt-to-Equity is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Hexagon Composites ASA Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

Hexagon Composites ASA's Debt to Equity Ratio for the fiscal year that ended in Dec. 2025 is calculated as

Hexagon Composites ASA's Debt to Equity Ratio for the quarter that ended in Dec. 2025 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.

Frequently Asked Questions Learn more about Debt-to-Equity →
What does a Debt-to-Equity of 0.66 mean?
Hexagon Composites ASA (OSL:HEX) has a Debt-to-Equity of 0.66 as of Dec. 2025. Debt-to-Equity ratio represents the ratio of total debt to total company equity. View historical data on Hexagon Composites ASA and its competitors. This is 38% above median its historical median of 0.48. Over the past decade, Hexagon Composites ASA's Debt-to-Equity has ranged from 0.27 to 0.76. According to the industry distribution chart, Hexagon Composites ASA ranks #230 out of 363 companies in the Packaging & Containers industry, placing it in the top 63.4%.
Is Hexagon Composites ASA's Debt-to-Equity too high?
Hexagon Composites ASA's current Debt-to-Equity of 0.66 is 38% above median its 10-year median of 0.48. Over the past 10 years, this metric has ranged from a low of 0.27 to a high of 0.76. The Packaging & Containers industry median Debt-to-Equity is 0.43. Hexagon Composites ASA's value of 0.66 is 53.5% above this industry median. Based on the distribution chart, Hexagon Composites ASA ranks #230 out of 363 companies in the Packaging & Containers industry, which is below the industry midpoint. Overall, Hexagon Composites ASA has a GF Score™ of 70/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Hexagon Composites ASA's Debt-to-Equity compare to SW and PKG?
According to the Packaging & Containers industry distribution chart, Hexagon Composites ASA ranks #230 out of 363 companies for Debt-to-Equity. This places Hexagon Composites ASA in the lower half of its industry. The industry median Debt-to-Equity is 0.43. Hexagon Composites ASA's value of 0.66 is 53.5% above this benchmark. Historically, Hexagon Composites ASA's own Debt-to-Equity has ranged from 0.27 to 0.76 over the past decade. While the company's 10-year median is 0.48 vs. the industry median of 0.43, Hexagon Composites ASA has consistently been above the industry average. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Debt-to-Equity for a Packaging & Containers company?
The median Debt-to-Equity among Packaging & Containers companies is 0.43, based on 363 companies in the industry. Companies in the top quartile (top 25%) have a Debt-to-Equity significantly above this median, while those in the bottom quartile fall well below. However, Debt-to-Equity should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Hexagon Composites ASA's current Debt-to-Equity of 0.66 is 53.5% above the industry median. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Debt-to-Equity mean?
A high Debt-to-Equity can signal that a stock is expensive relative to its fundamentals. Debt-to-Equity ratio represents the ratio of total debt to total company equity. View historical data on Hexagon Composites ASA and its competitors. For the Packaging & Containers industry, the median Debt-to-Equity is 0.43 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Hexagon Composites ASA's current Debt-to-Equity is 0.66, which is 38% above median its own 10-year median of 0.48. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Hexagon Composites ASA stock overvalued right now?
Based on GuruFocus' analysis, Hexagon Composites ASA (OSL:HEX) is currently considered Fairly Valued. The stock's GF Value™ is kr12.26, compared to a current price of kr13.99 — trading 14.1% above its estimated fair value. The current Debt-to-Equity is 0.66, which is 38% above median its 10-year median of 0.48 and 53.5% above the Packaging & Containers industry median of 0.43. Hexagon Composites ASA's overall GF Score™ is 70/100 with 7 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Debt-to-Equity calculated?
Debt-to-Equity is calculated from a company's financial statements. For Hexagon Composites ASA (OSL:HEX), the current Debt-to-Equity is 0.66 as of Dec. 2025. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Is Hexagon Composites ASA (OSL:HEX) Overvalued in 2026?

Based on GuruFocus' analysis, Hexagon Composites ASA stock appears to be overvalued. The current stock price of kr13.99 is trading 14.1% above its estimated GF Value™ of kr12.26. GuruFocus considers Hexagon Composites ASA to be Fairly Valued.

Key valuation signals for OSL:HEX:

  • Debt-to-Equity: 0.66 (38% above median its 10-year median of 0.48)
  • GF Value™: kr12.26 vs. price of kr13.99 (14.1% above fair value)
  • GF Score™: 70/100 with 7 warning signs
  • Industry Position: 53.5% above the Packaging & Containers median (#230 of 363)

No single metric tells the full story. See the OSL:HEX stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Hexagon Composites ASA Business Description

Address Korsegata 4B, P.O. Box 836, Sentrum, Aalesund, NOR, 6002
Hexagon Composites ASA is a supplier of clean energy technology for gas storage, distribution, fuel systems, and other related products. The operating segments of the company are Hexagon Agility, and Hexagon Digital Wave. Hexagon Agility segment offers natural gas fuel systems and delivery solutions for the mobility market. The Hexagon Digital Wave segment offers cylinder testing and monitoring technology. The company operates through Europe, North America, Southeast Asia, Africa, Oceania and Norway.
70GF Score

Get the complete analysis for OSL:HEX

Debt-to-Equity is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

kr13.99
Price
kr12.26
GF Value