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. See HESM current assets to equity ratio to evaluate short-term liquidity relative to the company's equity base.
Liquid Assets
Total Assets
Resilience Assessment
Asset Resilience Ratio Trend (2017–2023)
This chart shows how Hess Midstream Partners LP's Asset Resilience Ratio has changed over time. For the complete balance sheet picture, see total assets of Hess Midstream Partners LP.
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. Explore HESM long-term asset investment ratio to see how much of total assets are deployed in long-term investments.
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 |
|---|---|---|
|
AltaGas Ltd
TO:ALA |
Oil & Gas Midstream | 0.37% |
|
Scorpio Tankers Inc
NYSE:STNG |
Oil & Gas Midstream | 0.00% |
|
Nanjing Tanker Corp
SHG:601975 |
Oil & Gas Midstream | 0.05% |
|
Golar LNG Limited
F:G2O |
Oil & Gas Midstream | 0.00% |
|
Dorian LPG Ltd
NYSE:LPG |
Oil & Gas Midstream | 15.07% |
|
Shanxi Guoxin Energy Co Ltd A
SHG:600617 |
Oil & Gas Midstream | 0.11% |
|
Permian Basin Royalty Trust
NYSE:PBT |
Oil & Gas Midstream | 91.34% |
|
Hunter Group ASA
OL:HUNT |
Oil & Gas Midstream | 19.14% |
Annual Asset Resilience Ratio for Hess Midstream Partners LP (2017–2023)
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