Hoegh LNG Partners LP
Hoegh LNG Partners LP operates in Oil & Gas Storage & Transportation.
Hoegh LNG Partners LP (HMLPF) - Net Assets
Latest net assets as of September 2022: $602.91 Million USD
Based on the latest financial reports, Hoegh LNG Partners LP (HMLPF) has net assets worth $602.91 Million USD as of September 2022.
Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets ($1.02 Billion) and total liabilities ($420.91 Million). This figure indicates the residual interest in the assets after deducting liabilities, essentially showing what would remain for shareholders if all assets were liquidated and all debts paid off.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | $602.91 Million |
| % of Total Assets | 58.89% |
| Annual Growth Rate | 2.85% |
| 5-Year Change | N/A |
| 10-Year Change | N/A |
| Growth Volatility | 4.59 |
Hoegh LNG Partners LP - Net Assets Trend (2019–2021)
This chart illustrates how Hoegh LNG Partners LP's net assets have evolved over time, based on quarterly financial data. Explore and compare other companies by net assets.
Annual Net Assets for Hoegh LNG Partners LP (2019–2021)
The table below shows the annual net assets of Hoegh LNG Partners LP from 2019 to 2021.
| Year | Net Assets | Change |
|---|---|---|
| 2021-12-31 | $530.52 Million | +7.54% |
| 2020-12-31 | $493.31 Million | -1.63% |
| 2019-12-31 | $501.51 Million | -- |
Equity Component Analysis
This analysis shows how different components contribute to Hoegh LNG Partners LP's total equity over time. Equity components include common stock, retained earnings, additional paid-in capital, and other elements.
Equity Composition Insights
- Retained earnings have decreased by 0.0% over the analyzed period, potentially due to dividend distributions or operating losses.
Current Equity Component Breakdown (December 2021)
| Component | Amount | Percentage |
|---|---|---|
| Total Equity | $0.00 | 100.00% |
Hoegh LNG Partners LP Competitors by Market Cap
The table below lists competitors of Hoegh LNG Partners LP ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
MSC Income Fund, Inc.
PINK:MSCF
|
$167.07K |
|
Autobacs Seven Co. Ltd
OTCMKTS:ATBSF
|
$167.34K |
|
Sparindex INDEX EmMBL Akk KL A
CO:SPVIEMBLAKKKLA
|
$167.42K |
|
Eldav-L
TA:ELDAV
|
$167.48K |
|
Wealth Inv AKL Othania GlobAkt
CO:WEIOGA
|
$167.00K |
|
Platinum Analytics Cayman Limited Class A Ordinary Shares
NASDAQ:PLTS
|
$166.69K |
|
SLM (SM1.SG)
STU:SM1
|
$166.62K |
|
Dongsuh Cos. Inc.
KQ:026960
|
$166.51K |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Hoegh LNG Partners LP's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2020 to 2021, total equity changed from 0 to 0, a change of 0.
- Net income of 43,915,000 contributed positively to equity growth.
- Dividend payments of 46,333,000 reduced retained earnings.
- New share issuances of 9,136,000 increased equity.
- Other factors decreased equity by 6,718,000.
Equity Change Factors (2020 to 2021)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | $43.91 Million | +0.0% |
| Dividends Paid | $46.33 Million | -0.0% |
| Share Issuances | $9.14 Million | +0.0% |
| Other Changes | $-6.72 Million | -0.0% |
| Total Change | $- | % |
Book Value vs Market Value Analysis
This analysis compares Hoegh LNG Partners LP's book value (net assets) with its market value over time. The relationship between these values can provide insights into investor sentiment and company valuation.
Valuation Insights
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2019-12-31 | $0.00 | $16.97 | x |
| 2020-12-31 | $0.00 | $16.97 | x |
| 2021-12-31 | $0.00 | $16.97 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Hoegh LNG Partners LP utilizes its equity to generate returns, including Return on Equity (ROE) and its components based on the DuPont analysis framework.
Capital Efficiency Insights
- Current Return on Equity (ROE): 0.00%
- The company may be facing challenges in efficiently utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 31.09%
- • Asset Turnover: 0.14x
- • Equity Multiplier: 0.00x
- Recent ROE (0.00%) is below the historical average (0.00%), suggesting potential challenges in capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2019 | 0.00% | -5.09% | 0.14x | 0.00x | $-7.41 Million |
| 2020 | 0.00% | 2.04% | 0.15x | 0.00x | $2.92 Million |
| 2021 | 0.00% | 31.09% | 0.14x | 0.00x | $43.91 Million |
Industry Comparison
This section compares Hoegh LNG Partners LP's net assets metrics with peer companies in the Oil & Gas Related Equipment and Services industry.
Industry Context
- Industry: Oil & Gas Related Equipment and Services
- Average net assets among peers: $217,763,000
- Average return on equity (ROE) among peers: 24.93%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Hoegh LNG Partners LP (HMLPF) | $602.91 Million | 0.00% | 0.70x | $167.04K |
| Golar LNG Partners LP Series A Pref (GMLPF) | $217.76 Million | 24.93% | 3.88x | $76.40K |