Hoegh LNG Partners LP
Hoegh LNG Partners LP operates in Oil & Gas Storage & Transportation.
Hoegh LNG Partners LP (HMLPF) - Total Assets
Latest total assets as of September 2022: $1.02 Billion USD
Based on the latest financial reports, Hoegh LNG Partners LP (HMLPF) holds total assets worth $1.02 Billion USD as of September 2022.
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 (2019–2021)
This chart illustrates how Hoegh LNG Partners LP’s total assets have evolved over time, based on quarterly financial data. Explore and compare other companies by total assets.
Hoegh LNG Partners LP - Asset Composition Analysis
Current Asset Composition (December 2021)
Hoegh LNG Partners LP's total assets of $1.02 Billion consist of 7.1% current assets and 92.9% non-current assets.
| Asset Category | Amount (USD) | % of Total Assets |
|---|---|---|
| Cash & Equivalents | $0.00 | 4.2% |
| Accounts Receivable | $3.65 Million | 0.4% |
| Inventory | $0.00 | 0.0% |
| Property, Plant & Equipment | $0.00 | 0.0% |
| Intangible Assets | $11.05 Million | 1.1% |
| Goodwill | $251.00K | 0.0% |
Asset Composition Trend (2019–2021)
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.
Key Asset Composition Facts
- Current vs. Non-Current Assets: Hoegh LNG Partners LP's current assets represent 7.1% of total assets in 2021, an increase from 5.9% in 2019.
- Cash Position: Cash and equivalents constituted 4.2% of total assets in 2021, up from 3.9% in 2019.
- Tangible vs. Intangible: Intangible assets (including goodwill) make up 1.0% of total assets, unchanged from 1.0% in 2019.
- Asset Diversification: The largest asset category is intangible assets at 1.1% 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 |
|---|---|---|
|
Daya Materials Bhd
KLSE:0091
|
Malaysia | RM206.89 Million |
|
Golar LNG Partners LP Series A Pref
PINK:GMLPF
|
USA | $2.03 Billion |
|
General Mills Inc
NYSE:GIS
|
USA | $32.55 Billion |
|
Akzo Nobel N.V
OTCQX:AKZOF
|
USA | $13.95 Billion |
|
Exor NV
PINK:EXXRF
|
USA | $40.00 Billion |
|
Global Net Lease Inc. 7.50% Cum. Redeem. Pfd. Series D
NYSE:GNL-PD
|
USA | $4.77 Billion |
|
Alignment Healthcare LLC
NASDAQ:ALHC
|
USA | $1.07 Billion |
|
Artemis Gold Inc
PINK:ARGTF
|
USA | $1.87 Billion |
Hoegh LNG Partners LP - Asset Efficiency Metrics
Asset efficiency metrics measure how effectively a company uses its assets to generate revenue and profits. These indicators help investors evaluate management's ability to deploy capital efficiently.
Asset Turnover Ratio
Measures how efficiently a company uses its assets to generate sales
Lower asset utilization - Hoegh LNG Partners LP generates 0.14x its asset value in annual revenue.
Return on Assets (ROA)
Measures how efficiently a company uses its assets to generate profits
Moderate ROA - For every $100 in assets, Hoegh LNG Partners LP generates $ 4.37 in net profit.
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 | 0.88 | 0.94 | 0.94 |
| Quick Ratio | 0.88 | 0.94 | 0.94 |
| Cash Ratio | 0.00 | 0.00 | 0.00 |
| Working Capital | $-11.05 Million | $ -4.93 Million | $ -4.93 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 | - |
| Latest Market Cap to Assets Ratio | 0.00 |
| Asset Growth Rate (YoY) | 2.3% |
| Total Assets | $1.00 Billion |
| Market Capitalization | $167.04K USD |
Valuation Analysis
Below Book Valuation: The market values Hoegh LNG Partners LP's assets below their book value (0.00 x), which may indicate investor concerns about asset quality or future growth.
Positive Asset Growth: Hoegh LNG Partners LP's assets grew by 2.3% over the past year, showing continued investment in the company's operational capacity.
Annual Total Assets for Hoegh LNG Partners LP (2019–2021)
The table below shows the annual total assets of Hoegh LNG Partners LP from 2019 to 2021.
| Year | Total Assets | Change |
|---|---|---|
| 2021-12-31 | $1.00 Billion | +2.26% |
| 2020-12-31 | $981.81 Million | -3.06% |
| 2019-12-31 | $1.01 Billion | -- |