Hexagon Composites ASA (OSL:HEX) Interest Coverage: 0.92 (As of Dec. 2025) — 40% Below Median


OSL:HEX Hexagon Composites ASA OSL:HEX
71 GF Score
Price kr8.34
GF Value kr11.97
Valuation Possible Value Trap
! 6 Warning Signs
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What is Hexagon Composites ASA Interest Coverage?

Hexagon Composites ASA OSL:HEX -2.23% 71 Interest Coverage is 0.92 as of Dec. 2025, which is 40% below its 10-year median of 1.53. GuruFocus rates OSL:HEX with a GF Score™ of 71/100 and a GF Value™ of kr11.97 (Possible Value Trap). The stock has 6 warning signs investors should review. Among 314 Packaging & Containers companies, Hexagon Composites ASA ranks worse than 318471.02% on this metric.

Interest Coverage is a ratio that determines how easily a company can pay interest expenses on outstanding debt. It is calculated by dividing a company's Operating Income by its Interest Expense. Hexagon Composites ASA's Operating Income for the three months ended in Dec. 2025 was kr48 Mil. Hexagon Composites ASA's Interest Expense for the three months ended in Dec. 2025 was kr-52 Mil. Hexagon Composites ASA's interest coverage for the quarter that ended in Dec. 2025 was 0.92. The higher the ratio, the stronger the company's financial strength is.

The historical rank and industry rank for Hexagon Composites ASA's Interest Coverage or its related term are showing as below:


OSL:HEX's Interest Coverage is not ranked *
in the Packaging & Containers industry.
Industry Median: 6.125
* Ranked among companies with meaningful Interest Coverage only.

Note: If both Interest Expense and Interest Income are empty, while Net Interest Income is negative, then use Net Interest Income as Interest Expense.


Hexagon Composites ASA  (OSL:HEX) Interest Coverage Explanation

Ben Graham requires that a company has a minimum interest coverage of 5 with the companies he invested. If the interest coverage is less than 2, the company is burdened by debt. Any business slow or recession may drag the company into a situation where it cannot pay the interest on its debt.

Interest Coverage is an important factor when GuruFocus ranks a company's overage Financial Strength .


Hexagon Composites ASA Interest Coverage Related Terms


Hexagon Composites ASA Interest Coverage Historical Data

* Premium members only.

The historical data trend for Hexagon Composites ASA's Interest Coverage 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: For Interest Coverage, "No debt" indicates no long-term debt. An indication of "No Debt" does not necessarily mean that the company has no long-term debt obligations; it could be due to missing data in the quarterly or annual report. Use caution when interpreting this information.

Hexagon Composites ASA Interest Coverage Chart

Hexagon Composites ASA Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Interest Coverage
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.00 1.03 0.79 2.02 0.00

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
Interest Coverage 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 3.79 0.00 0.00 0.00 0.92

OSL:HEX vs SW, PKG, AMCR: Interest Coverage Comparison

For the Packaging & Containers subindustry, Hexagon Composites ASA's Interest Coverage, along with its competitors' market caps and Interest Coverage 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 Interest Coverage vs Packaging & Containers Industry

For the Packaging & Containers industry and Consumer Cyclical sector, Hexagon Composites ASA's Interest Coverage distribution charts can be found below:

* The bar in red indicates where Hexagon Composites ASA's Interest Coverage falls into.


OSL:HEX
71GF Score
Hexagon Composites ASA OSL:HEX
Interest Coverage is just one metric. See GF Score™, valuation, warning signs, and more.
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Hexagon Composites ASA Interest Coverage Calculation

Interest Coverage is a ratio that determines how easily a company can pay interest expenses on outstanding debt. It is calculated by dividing a company's Operating Income (EBIT) by its Interest Expense:

If Interest Expense is negative and Operating Income is positive, then

Interest Coverage=-1* Operating Income /Interest Expense

Else if Interest Expense is negative and Operating Income is negative, then

The company did not have earnings to cover the interest expense.

Else if Interest Expense is 0 and Long-Term Debt & Capital Lease Obligation is 0, then

The company had no debt (1).


Note: If both Interest Expense and Interest Income are empty, while Net Interest Income is negative, then use Net Interest Income as Interest Expense.

Hexagon Composites ASA's Interest Coverage for the fiscal year that ended in Dec. 2025 is calculated as

Here, for the fiscal year that ended in Dec. 2025, Hexagon Composites ASA's Interest Expense was kr-197 Mil. Its Operating Income was kr-121 Mil. And its Long-Term Debt & Capital Lease Obligation was kr1,697 Mil.

Hexagon Composites ASA did not have earnings to cover the interest expense.

Hexagon Composites ASA's Interest Coverage for the quarter that ended in Dec. 2025 is calculated as

Here, for the three months ended in Dec. 2025, Hexagon Composites ASA's Interest Expense was kr-52 Mil. Its Operating Income was kr48 Mil. And its Long-Term Debt & Capital Lease Obligation was kr1,697 Mil.

Interest Coverage=-1* Operating Income (Q: Dec. 2025 )/Interest Expense (Q: Dec. 2025 )
=-1*47.61/-51.566
=0.92

* 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.

The higher the ratio, the stronger the company's Financial Strength is.

Frequently Asked Questions Learn more about Interest Coverage →
What does a Interest Coverage of 0.92 mean?
Hexagon Composites ASA (OSL:HEX) has a Interest Coverage of 0.92 as of Dec. 2025. Interest Coverage measures a company's capability to pay interest expenses on its debt. View historical data on Hexagon Composites ASA and its competitors. This is 40% below median its historical median of 1.53. According to the industry distribution chart, Hexagon Composites ASA ranks #999999 out of 314 companies in the Packaging & Containers industry.
Is Hexagon Composites ASA's Interest Coverage too high?
Hexagon Composites ASA's current Interest Coverage of 0.92 is 40% below median its 10-year median of 1.53. The Packaging & Containers industry median Interest Coverage is 6.13. Hexagon Composites ASA's value of 0.92 is 85% below this industry median. Based on the distribution chart, Hexagon Composites ASA ranks #999999 out of 314 companies in the Packaging & Containers industry, which is in the bottom quartile relative to peers. Overall, Hexagon Composites ASA has a GF Score™ of 71/100 and is considered Possible Value Trap, reflecting its overall financial health beyond just this single metric.
How does Hexagon Composites ASA's Interest Coverage compare to SW and PKG?
According to the Packaging & Containers industry distribution chart, Hexagon Composites ASA ranks #999999 out of 314 companies for Interest Coverage. This places Hexagon Composites ASA in the lower half of its industry. The industry median Interest Coverage is 6.13. Hexagon Composites ASA's value of 0.92 is 85% below this benchmark. While the company's 10-year median is 1.53 vs. the industry median of 6.13, Hexagon Composites ASA has consistently been below 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 Interest Coverage for a Packaging & Containers company?
The median Interest Coverage among Packaging & Containers companies is 6.13, based on 314 companies in the industry. Companies in the top quartile (top 25%) have a Interest Coverage significantly above this median, while those in the bottom quartile fall well below. However, Interest Coverage should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Hexagon Composites ASA's current Interest Coverage of 0.92 is 85% below 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 Interest Coverage mean?
A high Interest Coverage can signal that a stock is expensive relative to its fundamentals. Interest Coverage measures a company's capability to pay interest expenses on its debt. View historical data on Hexagon Composites ASA and its competitors. For the Packaging & Containers industry, the median Interest Coverage is 6.13 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Hexagon Composites ASA's current Interest Coverage is 0.92, which is 40% below median its own 10-year median of 1.53. 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 Possible Value Trap. The stock's GF Value™ is kr11.97, compared to a current price of kr8.34 — trading 30.3% below its estimated fair value. The current Interest Coverage is 0.92, which is 40% below median its 10-year median of 1.53 and 85% below the Packaging & Containers industry median of 6.13. Hexagon Composites ASA's overall GF Score™ is 71/100 with 6 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Interest Coverage calculated?
Interest Coverage is calculated from a company's financial statements. For Hexagon Composites ASA (OSL:HEX), the current Interest Coverage is 0.92 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 undervalued. The current stock price of kr8.34 is trading 30.3% below its estimated GF Value™ of kr11.97. GuruFocus considers Hexagon Composites ASA to be Possible Value Trap.

Key valuation signals for OSL:HEX:

  • Interest Coverage: 0.92 (40% below median its 10-year median of 1.53)
  • GF Value™: kr11.97 vs. price of kr8.34 (30.3% below fair value)
  • GF Score™: 71/100 with 6 warning signs
  • Industry Position: 85% below the Packaging & Containers median (#999999 of 314)

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.
71GF Score

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

kr8.34
Price
kr11.97
GF Value