Hess Midstream Partners LP Asset Resilience Ratio
Hess Midstream Partners LP asset resilience ratio. Hess Midstream Partners LP (HESM) has an Asset Resilience Ratio of 0.21% as of June 2024. The Asset Resilience Ratio measures the percentage of a company's total assets that are held in liquid form (cash and short-term investments). This metric indicates how well-positioned the company is to handle unexpected financial challenges, economic downturns, or strategic opportunities without requiring external financing. Read Hess Midstream Partners LP balance sheet liabilities for a breakdown of total debt and financial obligations.
Liquid Assets
Total Assets
Resilience Assessment
Asset Resilience Ratio of Hess Midstream Partners LP (2017–2023)
Asset resilience ratio of Hess Midstream Partners LP from 2017 to 2023. This chart shows how Hess Midstream Partners LP's Asset Resilience Ratio has changed over time. See free cash flow generation of Hess Midstream Partners LP to measure how efficiently the company converts operating cash flow to free cash.
Liquid Assets Composition Over Time
This chart breaks down Hess Midstream Partners LP's liquid assets into cash & equivalents and short-term investments, showing how the composition has evolved over time. For the complete balance sheet picture, see HESM total assets.
Current Liquid Assets Breakdown
| Component | Amount | % of Total Assets |
|---|---|---|
| Cash & Equivalents | $0.00 | 0% |
| Short-term Investments | $8.40 Million | 0.21% |
| Total Liquid Assets | $8.40 Million | 0.21% |
Asset Resilience Insights
- Limited Liquidity: Hess Midstream Partners LP maintains only 0.21% of assets in liquid form.
- This low level may indicate efficient asset utilization but could pose risks during economic downturns.
- The company has significant short-term investments, indicating active treasury management.
Hess Midstream Partners LP Industry Peers by Asset Resilience Ratio
Compare Hess Midstream Partners LP's asset resilience ratio with other companies in the same industry.
| Company | Industry | Asset Resilience Ratio |
|---|---|---|
|
FLEX LNG Ltd
NYSE:FLNG |
Oil & Gas Midstream | 0.33% |
|
Golar LNG Limited
NASDAQ:GLNG |
Oil & Gas Midstream | 2.73% |
|
Golar LNG Limited
F:G2O |
Oil & Gas Midstream | 0.00% |
|
Kinetik Holdings Inc
NYSE:KNTK |
Oil & Gas Midstream | 0.12% |
|
Jiangxi Jovo Energy Co. Ltd
SHG:605090 |
Oil & Gas Midstream | 4.55% |
|
FLEX LNG Ltd
OL:FLNG |
Oil & Gas Midstream | 16.38% |
|
Nordic American Tankers Limited
NYSE:NAT |
Oil & Gas Midstream | 5.08% |
|
Hunter Group ASA
OL:HUNT |
Oil & Gas Midstream | 19.14% |
Hess Midstream Partners LP Asset Resilience Ratio by Year (2017–2023)
Hess Midstream Partners LP asset resilience ratio by year from 2017 to 2023. The table below shows the annual Asset Resilience Ratio data for Hess Midstream Partners LP.
| Year | Asset Resilience Ratio (%) | Liquid Assets | Total Assets | Change |
|---|---|---|---|---|
| 2023-12-31 | 0.01% | $300.00K | $3.79 Billion | -3.19pp |
| 2020-12-31 | 3.20% | $108.00 Million | $3.37 Billion | -- |
| 2017-12-31 | 0.00% | $0.00 | $2.64 Billion | -- |
About Hess Midstream Partners LP
Hess Midstream LP acquires, owns, operates, and develops midstream assets and provide fee-based services to sponsor, its subsidiaries, and third-party customers in the United States. It operates through three segments: Gathering; Processing and Storage; and Terminaling and Export. The Gathering segment owns natural gas gathering and compression systems; crude oil gathering systems; and produced w… Read more