Hoegh LNG Partners LP (HLNG) - Cash Flow Conversion Efficiency

Latest as of September 2024: 0.109x

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. See HLNG net asset quality score to measure how much of total assets are equity-financed.

Hoegh LNG Partners LP - Cash Flow Conversion Efficiency Trend (2008–2023)

This chart illustrates how Hoegh LNG Partners LP's cash flow conversion efficiency has evolved over time, based on yearly financial data. Check how high is Hoegh LNG Partners LP's earnings quality to evaluate the quality of earnings relative to operating cash generation.

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.

Company	Cash Flow Conversion Efficiency
Metal Powder Works Ltd AU:MPW	-0.309x
Finwise Bancorp NASDAQ:FINW	0.018x
Oceanhawk Acquisition Corp. Class A Ordinary Shares NASDAQ:OHAC	N/A
Korea Air Svc KO:005430	0.047x
TEN SQUARE GAMES SA WAR:TEN	0.081x
Allpark Empreendimentos Participações e Serviços S.A SA:ALPK3	1.176x
Fiducian Group Ltd AU:FID	0.212x
Nexen Corporation KO:005720	0.031x

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. For the full company profile with market capitalisation and key ratios, see Hoegh LNG Partners LP stock valuation.

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

OL:HLNG Norway Oil & Gas Midstream

Market Cap

$187.76 Million

Nkr1.78 Billion NOK

Market Cap Rank

#16704 Global

#137 in Norway

Share Price

Nkr23.40

Change (1 day)

+0.00%

52-Week Range

Nkr23.40 - Nkr23.40

All Time High

Nkr98.51