Hoegh LNG Partners LP Cash Flow Conversion Efficiency
Hoegh LNG Partners LP cash flow conversion efficiency. Based on the latest financial reports, Hoegh LNG Partners LP (HLNG) has a cash flow conversion efficiency ratio of 0.109x as of September 2024. Cash flow conversion efficiency measures how effectively a company's net assets (equity) generate operating cash flow. It is calculated by dividing operating cash flow (Nkr86.16 Million ≈ $9.07 Million USD) by net assets (Nkr788.07 Million ≈ $82.93 Million USD). A higher ratio indicates that the company is more efficient at using its equity to generate cash flow from its core operations.
Cash Flow Conversion Efficiency of Hoegh LNG Partners LP (2008–2023)
Cash flow conversion efficiency of Hoegh LNG Partners LP from 2008 to 2023. This chart illustrates how Hoegh LNG Partners LP's cash flow conversion efficiency has evolved over time, based on yearly financial data. View Hoegh LNG Partners LP stock price for real-time trading data and today's change.
Hoegh LNG Partners LP Cash Flow Conversion Ratio Explained
Hoegh LNG Partners LP cash flow conversion ratio divides operating cash flow by net assets, so a higher ratio means more cash generated from each unit of shareholder equity.
Hoegh LNG Partners LP Competitors by Cash Flow Conversion Efficiency
The table below lists competitors of Hoegh LNG Partners LP ranked by their cash flow conversion efficiency. Also see how much is Hoegh LNG Partners LP worth for the company's overall valuation and market capitalisation.
| Company | Cash Flow Conversion Efficiency |
|---|---|
|
Akfen Gayrimenkul Yatirim Ortakligi AS
IS:AKFGY
|
0.008x |
|
SR Accord
TA:SRAC
|
-0.090x |
|
Dream Office Real Estate Investment Trust
TO:D-UN
|
0.001x |
|
ANGI Homeservices Inc
NASDAQ:ANGI
|
0.040x |
|
Vietnam Container Shipping JSC
VN:VSC
|
-0.101x |
|
Tungsten Mining NL
AU:TGN
|
-0.091x |
|
Taigen Biopharmaceuticals Holdings Ltd
TWO:4157
|
-0.040x |
|
Bulten AB
ST:BULTEN
|
0.027x |
Annual Cash Flow Conversion Efficiency for Hoegh LNG Partners LP (2008–2023)
The table below shows the annual cash flow conversion efficiency of Hoegh LNG Partners LP from 2008 to 2023. Review HLNG cash flow after capex ratio to assess how much free cash flow the company generates relative to operating cash flow.
| Year | Net Assets | Operating Cash Flow | Cash Flow Conversion Efficiency | Change |
|---|---|---|---|---|
| 2023-12-31 | Nkr780.36 Million ≈ $82.12 Million |
Nkr307.32 Million ≈ $32.34 Million |
0.394x | +75.40% |
| 2022-12-31 | Nkr726.16 Million ≈ $76.41 Million |
Nkr163.04 Million ≈ $17.16 Million |
0.225x | -25.62% |
| 2021-12-31 | Nkr651.03 Million ≈ $68.51 Million |
Nkr196.51 Million ≈ $20.68 Million |
0.302x | -16.62% |
| 2020-12-31 | Nkr597.15 Million ≈ $62.84 Million |
Nkr216.18 Million ≈ $22.75 Million |
0.362x | +11.71% |
| 2019-12-31 | Nkr696.09 Million ≈ $73.25 Million |
Nkr225.59 Million ≈ $23.74 Million |
0.324x | +49.87% |
| 2018-12-31 | Nkr787.00 Million ≈ $82.81 Million |
Nkr170.18 Million ≈ $17.91 Million |
0.216x | +18.30% |
| 2017-12-31 | Nkr705.24 Million ≈ $74.21 Million |
Nkr128.91 Million ≈ $13.57 Million |
0.183x | +44.35% |
| 2016-12-31 | Nkr596.06 Million ≈ $62.72 Million |
Nkr75.48 Million ≈ $7.94 Million |
0.127x | -17.22% |
| 2015-12-31 | Nkr491.56 Million ≈ $51.73 Million |
Nkr75.19 Million ≈ $7.91 Million |
0.153x | -12.64% |
| 2014-12-31 | Nkr458.99 Million ≈ $48.30 Million |
Nkr80.36 Million ≈ $8.46 Million |
0.175x | +180.27% |
| 2013-12-31 | Nkr389.11 Million ≈ $40.95 Million |
Nkr24.31 Million ≈ $2.56 Million |
0.062x | -32.89% |
| 2012-12-31 | Nkr343.85 Million ≈ $36.18 Million |
Nkr32.01 Million ≈ $3.37 Million |
0.093x | -49.37% |
| 2011-12-31 | Nkr133.29 Million ≈ $14.03 Million |
Nkr24.51 Million ≈ $2.58 Million |
0.184x | -41.09% |
| 2010-12-31 | Nkr73.03 Million ≈ $7.69 Million |
Nkr22.80 Million ≈ $2.40 Million |
0.312x | -48.63% |
| 2009-12-31 | Nkr101.68 Million ≈ $10.70 Million |
Nkr61.79 Million ≈ $6.50 Million |
0.608x | +627.57% |
| 2008-12-31 | Nkr923.12 Million ≈ $97.14 Million |
Nkr77.10 Million ≈ $8.11 Million |
0.084x | -- |
About Hoegh LNG Partners LP
Höegh LNG Holdings Ltd., together with its subsidiaries, provides floating energy solutions worldwide. The company operates through four segments: HMLP, Operations, Business Development, and Project Execution. It owns and operates floating LNG import terminals, floating storage and regasification units (FSRUs), and LNG carriers (LNGCs). The company also acquires FSRUs, LNGCs, and other LNG infras… Read more