Hexcel Corporation (HXL)

Cash ratio

Dec 31, 2025 Dec 31, 2024 Dec 31, 2023 Dec 31, 2022 Dec 31, 2021
Cash and cash equivalents US$ in thousands — 125,400 227,000 112,000 127,700
Short-term investments US$ in thousands — — 4,300 6,200 —
Total current liabilities US$ in thousands — 353,500 315,900 329,800 247,600
Cash ratio — 0.35 0.73 0.36 0.52

December 31, 2025 calculation

Cash ratio = (Cash and cash equivalents + Short-term investments) ÷ Total current liabilities
= ($—K + $—K) ÷ $—K
= —