Hoegh LNG Partners LP (HLNG) — Working Capital to Net Assets Ratio
Hoegh LNG Partners LP (HLNG) has a Working Capital to Net Assets ratio of -29.6% as of September 2024. Working capital of Nkr-232.95 Million (current assets of Nkr280.98 Million minus current liabilities of Nkr513.94 Million) is measured against net assets of Nkr788.07 Million. A higher ratio indicates strong short-term liquidity financed by the equity base. See Hoegh LNG Partners LP (HLNG) flexibility index to measure the company's free cash flow as a share of total liabilities.
WC/NA Ratio
Working Capital
Current Assets
Current Liabilities
Hoegh LNG Partners LP Working Capital to Net Assets (2008–2023)
This chart shows how Hoegh LNG Partners LP's Working Capital to Net Assets ratio has evolved across 16 annual periods from 2008 to 2023. As of September 2024, the ratio stands at -29.6%, reflecting working capital of Nkr-232.95 Million against net assets of Nkr788.07 Million NOK. See how many days can Hoegh LNG Partners LP fund operations to measure how many days the company can operate on defensive assets alone.
Annual Working Capital to Net Assets for Hoegh LNG Partners LP (2008–2023)
The table below presents the year-by-year Working Capital to Net Assets ratio for Hoegh LNG Partners LP from 2008 to 2023, covering 16 annual filings. Each row shows current assets, current liabilities, working capital, net assets, the ratio, and the change in percentage points compared to the prior year. For live market cap and the full company profile, see Hoegh LNG Partners LP stock valuation.
| Year | WC/NA Ratio | Working Capital (NOK) | Net Assets | Current Assets | Current Liabilities | Change (pp) |
|---|---|---|---|---|---|---|
| 2023 | -27.2% | Nkr-212.13 Million | Nkr780.36 Million | Nkr317.24 Million | Nkr529.36 Million | ▲ +7.1 pp |
| 2022 | -34.2% | Nkr-248.65 Million | Nkr726.16 Million | Nkr252.27 Million | Nkr500.93 Million | ▲ +16.7 pp |
| 2021 | -50.9% | Nkr-331.55 Million | Nkr651.03 Million | Nkr171.87 Million | Nkr503.41 Million | ▼ -32.5 pp |
| 2020 | -18.5% | Nkr-110.21 Million | Nkr597.15 Million | Nkr180.21 Million | Nkr290.42 Million | ▲ +4.1 pp |
| 2019 | -22.6% | Nkr-157.05 Million | Nkr696.09 Million | Nkr235.91 Million | Nkr392.97 Million | ▲ +2.5 pp |
| 2018 | -25.1% | Nkr-197.38 Million | Nkr787.00 Million | Nkr229.65 Million | Nkr427.02 Million | ▼ -47.6 pp |
| 2017 | 22.5% | Nkr158.80 Million | Nkr705.24 Million | Nkr273.81 Million | Nkr115.00 Million | ▲ +1.3 pp |
| 2016 | 21.2% | Nkr126.44 Million | Nkr596.06 Million | Nkr379.93 Million | Nkr253.49 Million | ▼ -35.3 pp |
| 2015 | 56.5% | Nkr277.93 Million | Nkr491.56 Million | Nkr404.36 Million | Nkr126.43 Million | ▲ +28.8 pp |
| 2014 | 27.8% | Nkr127.48 Million | Nkr458.99 Million | Nkr230.94 Million | Nkr103.45 Million | ▲ +14.4 pp |
| 2013 | 13.4% | Nkr51.99 Million | Nkr389.11 Million | Nkr146.08 Million | Nkr94.09 Million | ▼ -40.4 pp |
| 2012 | 53.8% | Nkr184.88 Million | Nkr343.85 Million | Nkr252.17 Million | Nkr67.29 Million | ▼ -4.6 pp |
| 2011 | 58.4% | Nkr77.85 Million | Nkr133.29 Million | Nkr131.69 Million | Nkr53.84 Million | ▲ +19.1 pp |
| 2010 | 39.3% | Nkr28.68 Million | Nkr73.03 Million | Nkr88.75 Million | Nkr60.07 Million | ▼ -12.4 pp |
| 2009 | 51.7% | Nkr52.53 Million | Nkr101.68 Million | Nkr96.10 Million | Nkr43.57 Million | ▼ -6.5 pp |
| 2008 | 58.1% | Nkr536.58 Million | Nkr923.12 Million | Nkr744.83 Million | Nkr208.25 Million | — |