Hoegh LNG Partners LP (HLNG) - Total Assets
Based on the latest financial reports, Hoegh LNG Partners LP (HLNG) holds total assets worth Nkr2.48 Billion NOK (≈ $261.11 Million USD) as of September 2024. Total assets represent everything the company owns and controls, combining both current assets—like cash and cash equivalents, accounts receivable, and inventories—and non-current assets such as property, plant, equipment (PP&E), intangible assets, and long-term investments.
Hoegh LNG Partners LP - Total Assets Trend (2008–2023)
This chart illustrates how Hoegh LNG Partners LP's total assets have evolved over time, based on quarterly financial data. Also see HLNG company net worth for the company's overall valuation and market capitalisation.
Hoegh LNG Partners LP - Asset Composition Analysis
Current Asset Composition (December 2023)
Hoegh LNG Partners LP's total assets of Nkr2.48 Billion consist of 12.2% current assets and 87.9% non-current assets. Review Hoegh LNG Partners LP total liabilities to assess the company's total debt and financial obligations.
| Asset Category | Amount (NOK) | % of Total Assets |
|---|---|---|
| Cash & Equivalents | Nkr0.00 | 8.4% |
| Accounts Receivable | Nkr40.69 Million | 1.6% |
| Inventory | Nkr725.00K | 0.0% |
| Property, Plant & Equipment | Nkr0.00 | 0.0% |
| Intangible Assets | Nkr0.00 | 0.0% |
| Goodwill | Nkr0.00 | 0.0% |
Asset Composition Trend (2008–2023)
This chart illustrates how Hoegh LNG Partners LP's asset composition has evolved over time. Understanding changes in asset allocation can provide insights into the company's strategic shifts, capital allocation priorities, and business focus evolution. See HLNG stock price and chart for real-time trading data and today's change.
Key Asset Composition Facts
- Current vs. Non-Current Assets: Hoegh LNG Partners LP's current assets represent 12.2% of total assets in 2023, a decrease from 23.9% in 2008.
- Cash Position: Cash and equivalents constituted 8.4% of total assets in 2023, up from 6.1% in 2008.
- Tangible vs. Intangible: Intangible assets (including goodwill) make up 0.0% of total assets, a decrease from 1.0% in 2008.
- Asset Diversification: The largest asset category is accounts receivable at 1.6% of total assets.
Hoegh LNG Partners LP Competitors by Total Assets
Key competitors of Hoegh LNG Partners LP based on total assets are shown below.
| Company | Country | Total Assets |
|---|---|---|
|
AltaGas Ltd
TO:ALA
|
Canada | CA$27.71 Billion |
|
Scorpio Tankers Inc
NYSE:STNG
|
USA | $4.08 Billion |
|
China Merchants Energy Shipping Co Ltd
SHG:601872
|
China | CN¥77.88 Billion |
|
Nanjing Tanker Corp
SHG:601975
|
China | CN¥13.65 Billion |
|
Golar LNG Limited
F:G2O
|
Germany | €4.77 Billion |
|
Dorian LPG Ltd
NYSE:LPG
|
USA | $1.78 Billion |
|
Shanxi Guoxin Energy Co Ltd A
SHG:600617
|
China | CN¥25.35 Billion |
|
Permian Basin Royalty Trust
NYSE:PBT
|
USA | $2.41 Million |
Hoegh LNG Partners LP - Liquidity and Working Capital Analysis
Liquidity ratios measure a company's ability to pay off its short-term debts as they come due, using the company's current or quick assets. Working capital represents the operational liquidity available.
Key Liquidity Metrics
| Metric | Current | 1 Year Ago | 5 Years Ago |
|---|---|---|---|
| Current Ratio | 0.55 | 0.52 | 0.60 |
| Quick Ratio | 0.54 | 0.52 | 0.60 |
| Cash Ratio | 0.00 | 0.00 | 0.00 |
| Working Capital | Nkr-232.95 Million | Nkr-222.54 Million | Nkr-157.05 Million |
Hoegh LNG Partners LP - Advanced Valuation Insights
This section examines the relationship between Hoegh LNG Partners LP's asset base and its market valuation, helping to identify whether the company's assets are efficiently translated into market value.
Key Valuation Metrics
| Current Price-to-Book Ratio | 0.01 |
| Latest Market Cap to Assets Ratio | 0.07 |
| Asset Growth Rate (YoY) | 7.4% |
| Total Assets | Nkr2.61 Billion |
| Market Capitalization | $187.76 Million USD |
Valuation Analysis
Below Book Valuation: The market values Hoegh LNG Partners LP's assets below their book value (0.07x), which may indicate investor concerns about asset quality or future growth.
Positive Asset Growth: Hoegh LNG Partners LP's assets grew by 7.4% over the past year, showing continued investment in the company's operational capacity.
Annual Total Assets for Hoegh LNG Partners LP (2008–2023)
The table below shows the annual total assets of Hoegh LNG Partners LP from 2008 to 2023.
| Year | Total Assets | Change |
|---|---|---|
| 2023-12-31 | Nkr2.61 Billion ≈ $274.67 Million |
+7.36% |
| 2022-12-31 | Nkr2.43 Billion ≈ $255.83 Million |
+0.08% |
| 2021-12-31 | Nkr2.43 Billion ≈ $255.62 Million |
-1.78% |
| 2020-12-31 | Nkr2.47 Billion ≈ $260.27 Million |
-4.94% |
| 2019-12-31 | Nkr2.60 Billion ≈ $273.79 Million |
+12.89% |
| 2018-12-31 | Nkr2.30 Billion ≈ $242.53 Million |
+17.65% |
| 2017-12-31 | Nkr1.96 Billion ≈ $206.15 Million |
+14.33% |
| 2016-12-31 | Nkr1.71 Billion ≈ $180.31 Million |
+14.06% |
| 2015-12-31 | Nkr1.50 Billion ≈ $158.08 Million |
+10.72% |
| 2014-12-31 | Nkr1.36 Billion ≈ $142.77 Million |
+23.23% |
| 2013-12-31 | Nkr1.10 Billion ≈ $115.86 Million |
+2.69% |
| 2012-12-31 | Nkr1.07 Billion ≈ $112.82 Million |
+43.98% |
| 2011-12-31 | Nkr744.65 Million ≈ $78.36 Million |
+14.79% |
| 2010-12-31 | Nkr648.72 Million ≈ $68.26 Million |
+8.88% |
| 2009-12-31 | Nkr595.84 Million ≈ $62.70 Million |
-80.86% |
| 2008-12-31 | Nkr3.11 Billion ≈ $327.64 Million |
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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