Hess Net Debt vs Current Deferred Revenue Analysis

HESM Stock

USD 35.11 0.10 0.28%

Hess Midstream financial indicator trend analysis is much more than just examining Hess Midstream Partners latest accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Hess Midstream Partners is a good investment. Please check the relationship between Hess Midstream Net Debt and its Current Deferred Revenue accounts. Check out Risk vs Return Analysis to better understand how to build diversified portfolios, which includes a position in Hess Midstream Partners. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in state.

Net Debt vs Current Deferred Revenue

Net Debt vs Current Deferred Revenue Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Hess Midstream Partners Net Debt account and Current Deferred Revenue. At this time, the significance of the direction appears to have strong contrarian relationship.

The correlation between Hess Midstream's Net Debt and Current Deferred Revenue is -0.51. Overlapping area represents the amount of variation of Net Debt that can explain the historical movement of Current Deferred Revenue in the same time period over historical financial statements of Hess Midstream Partners, assuming nothing else is changed. The correlation between historical values of Hess Midstream's Net Debt and Current Deferred Revenue is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Net Debt of Hess Midstream Partners are associated (or correlated) with its Current Deferred Revenue. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Current Deferred Revenue has no effect on the direction of Net Debt i.e., Hess Midstream's Net Debt and Current Deferred Revenue go up and down completely randomly.

Correlation Coefficient

-0.51

Relationship Direction	Negative
Relationship Strength	Very Weak

View All Relationships

Net Debt

The total debt of a company minus its cash and cash equivalents. It represents the actual debt burden on the company after accounting for the liquid assets it holds.

Current Deferred Revenue

Revenue that has been collected but not yet earned, typically from prepaid service contracts or subscriptions. This amount is considered a liability until the service is provided or the subscription period ends.

Most indicators from Hess Midstream's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Hess Midstream Partners current financial condition. On the other hand, looking into the entire matrix of fundamental ratios indicators, and analyzing their relationships over time can provide a more complete picture of the company financial strength now and in the future. Check out Risk vs Return Analysis to better understand how to build diversified portfolios, which includes a position in Hess Midstream Partners. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in state.

At this time, Hess Midstream's Sales General And Administrative To Revenue is very stable compared to the past year. As of the 17th of May 2024, Enterprise Value Over EBITDA is likely to grow to 5.18, while Selling General Administrative is likely to drop about 19.9 M.

	2021	2022	2023	2024 (projected)
Gross Profit	1.0B	1.1B	843.1M	631.5M
Total Revenue	1.2B	1.3B	1.3B	808.1M

Gross Profit Total Revenue

Hess Midstream fundamental ratios Correlations

	Total Assets	Short Long Term Debt Total	Other Current Liab	Total Current Liabilities	Total Stockholder Equity	Property Plant And Equipment Net	Net Debt	Accounts Payable	Non Current Assets Total	Net Receivables	Common Stock Shares Outstanding	Non Current Liabilities Total	Other Stockholder Equity	Total Liab	Property Plant And Equipment Gross	Total Current Assets	Other Liab	Net Tangible Assets	Current Deferred Revenue	Non Currrent Assets Other	Other Assets	Other Current Assets	Short Long Term Debt	Short Term Debt	Common Stock	Property Plant Equipment
Total Assets		0.85	-0.08	-0.17	0.28	1.0	0.68	0.22	1.0	0.96	-0.55	0.69	0.01	0.69	0.95	0.9	0.89	-0.06	-0.47	0.78	0.71	0.86	-0.93	-0.93	0.03	0.98
Short Long Term Debt Total	0.85		-0.08	-0.11	-0.17	0.81	0.93	0.0	0.86	0.94	-0.49	0.88	-0.18	0.89	0.95	0.71	0.89	-0.21	-0.58	0.68	0.88	0.87	-0.64	-0.65	-0.22	0.86
Other Current Liab	-0.08	-0.08		0.16	-0.1	-0.06	-0.17	0.59	-0.06	-0.17	0.24	-0.11	0.33	-0.08	-0.04	-0.29	-0.18	0.5	0.11	0.08	-0.09	-0.23	0.01	0.01	0.46	-0.04
Total Current Liabilities	-0.17	-0.11	0.16		-0.08	-0.15	-0.14	0.21	-0.16	-0.12	0.22	-0.31	0.27	-0.11	-0.17	-0.21	-0.28	0.31	0.15	-0.13	-0.21	-0.28	0.21	0.21	0.28	-0.25
Total Stockholder Equity	0.28	-0.17	-0.1	-0.08		0.33	-0.39	0.33	0.27	0.11	0.21	-0.33	0.4	-0.37	0.11	0.47	-0.05	0.29	0.32	0.0	-0.28	0.05	-0.5	-0.49	0.49	0.24
Property Plant And Equipment Net	1.0	0.81	-0.06	-0.15	0.33		0.62	0.27	1.0	0.94	-0.56	0.65	0.06	0.64	0.93	0.89	0.86	0.0	-0.45	0.78	0.67	0.84	-0.95	-0.95	0.08	0.98
Net Debt	0.68	0.93	-0.17	-0.14	-0.39	0.62		-0.28	0.68	0.81	-0.52	0.91	-0.44	0.92	0.8	0.59	0.83	-0.49	-0.51	0.6	0.86	0.76	-0.38	-0.39	-0.5	0.69
Accounts Payable	0.22	0.0	0.59	0.21	0.33	0.27	-0.28		0.23	0.08	0.08	-0.19	0.85	-0.15	0.16	-0.04	0.0	0.91	-0.15	0.31	-0.09	0.03	-0.44	-0.43	0.92	0.23
Non Current Assets Total	1.0	0.86	-0.06	-0.16	0.27	1.0	0.68	0.23		0.96	-0.56	0.69	0.02	0.69	0.95	0.89	0.89	-0.04	-0.48	0.79	0.71	0.86	-0.93	-0.93	0.04	0.98
Net Receivables	0.96	0.94	-0.17	-0.12	0.11	0.94	0.81	0.08	0.96		-0.56	0.77	-0.1	0.78	0.98	0.87	0.91	-0.16	-0.5	0.74	0.78	0.91	-0.82	-0.83	-0.11	0.95
Common Stock Shares Outstanding	-0.55	-0.49	0.24	0.22	0.21	-0.56	-0.52	0.08	-0.56	-0.56		-0.55	0.16	-0.52	-0.46	-0.37	-0.75	0.29	0.33	-0.66	-0.51	-0.61	0.45	0.46	0.34	-0.54
Non Current Liabilities Total	0.69	0.88	-0.11	-0.31	-0.33	0.65	0.91	-0.19	0.69	0.77	-0.55		-0.41	0.98	0.78	0.59	0.81	-0.44	-0.59	0.64	0.95	0.76	-0.49	-0.49	-0.4	0.74
Other Stockholder Equity	0.01	-0.18	0.33	0.27	0.4	0.06	-0.44	0.85	0.02	-0.1	0.16	-0.41		-0.37	-0.05	-0.21	-0.13	0.93	0.04	0.03	-0.22	-0.11	-0.23	-0.22	0.89	-0.01
Total Liab	0.69	0.89	-0.08	-0.11	-0.37	0.64	0.92	-0.15	0.69	0.78	-0.52	0.98	-0.37		0.78	0.57	0.79	-0.39	-0.59	0.64	0.95	0.74	-0.46	-0.47	-0.36	0.71
Property Plant And Equipment Gross	0.95	0.95	-0.04	-0.17	0.11	0.93	0.8	0.16	0.95	0.98	-0.46	0.78	-0.05	0.78		0.84	0.88	-0.09	-0.5	0.72	0.79	0.91	-0.83	-0.83	-0.04	0.95
Total Current Assets	0.9	0.71	-0.29	-0.21	0.47	0.89	0.59	-0.04	0.89	0.87	-0.37	0.59	-0.21	0.57	0.84		0.73	-0.29	-0.26	0.59	0.55	0.76	-0.83	-0.83	-0.12	0.87
Other Liab	0.89	0.89	-0.18	-0.28	-0.05	0.86	0.83	0.0	0.89	0.91	-0.75	0.81	-0.13	0.79	0.88	0.73		-0.26	-0.51	0.77	0.83	0.87	-0.73	-0.73	-0.26	0.9
Net Tangible Assets	-0.06	-0.21	0.5	0.31	0.29	0.0	-0.49	0.91	-0.04	-0.16	0.29	-0.44	0.93	-0.39	-0.09	-0.29	-0.26		-0.07	0.02	-0.28	-0.19	-0.19	-0.18	0.95	-0.06
Current Deferred Revenue	-0.47	-0.58	0.11	0.15	0.32	-0.45	-0.51	-0.15	-0.48	-0.5	0.33	-0.59	0.04	-0.59	-0.5	-0.26	-0.51	-0.07		-0.69	-0.62	-0.35	0.43	0.42	-0.04	-0.51
Non Currrent Assets Other	0.78	0.68	0.08	-0.13	0.0	0.78	0.6	0.31	0.79	0.74	-0.66	0.64	0.03	0.64	0.72	0.59	0.77	0.02	-0.69		0.62	0.57	-0.73	-0.73	0.08	0.78
Other Assets	0.71	0.88	-0.09	-0.21	-0.28	0.67	0.86	-0.09	0.71	0.78	-0.51	0.95	-0.22	0.95	0.79	0.55	0.83	-0.28	-0.62	0.62		0.74	-0.54	-0.54	-0.28	0.76
Other Current Assets	0.86	0.87	-0.23	-0.28	0.05	0.84	0.76	0.03	0.86	0.91	-0.61	0.76	-0.11	0.74	0.91	0.76	0.87	-0.19	-0.35	0.57	0.74		-0.74	-0.74	-0.17	0.86
Short Long Term Debt	-0.93	-0.64	0.01	0.21	-0.5	-0.95	-0.38	-0.44	-0.93	-0.82	0.45	-0.49	-0.23	-0.46	-0.83	-0.83	-0.73	-0.19	0.43	-0.73	-0.54	-0.74		1.0	-0.3	-0.92
Short Term Debt	-0.93	-0.65	0.01	0.21	-0.49	-0.95	-0.39	-0.43	-0.93	-0.83	0.46	-0.49	-0.22	-0.47	-0.83	-0.83	-0.73	-0.18	0.42	-0.73	-0.54	-0.74	1.0		-0.29	-0.93
Common Stock	0.03	-0.22	0.46	0.28	0.49	0.08	-0.5	0.92	0.04	-0.11	0.34	-0.4	0.89	-0.36	-0.04	-0.12	-0.26	0.95	-0.04	0.08	-0.28	-0.17	-0.3	-0.29		0.02
Property Plant Equipment	0.98	0.86	-0.04	-0.25	0.24	0.98	0.69	0.23	0.98	0.95	-0.54	0.74	-0.01	0.71	0.95	0.87	0.9	-0.06	-0.51	0.78	0.76	0.86	-0.92	-0.93	0.02

Click cells to compare fundamentals

Hess Midstream Account Relationship Matchups

Hess Midstream fundamental ratios Accounts

	2019	2020	2021	2022	2023	2024 (projected)
Total Assets	3.3B	3.4B	3.5B	3.6B	3.8B	2.9B
Short Long Term Debt Total	1.8B	1.9B	2.6B	2.9B	3.2B	1.9B
Other Current Liab	97.6M	9.9M	10.2M	114.7M	118M	66.4M
Total Current Liabilities	176.1M	125M	170.9M	159.5M	210.2M	222.3M
Total Stockholder Equity	400K	1.3B	753.1M	529M	340.2M	323.2M
Property Plant And Equipment Net	3.0B	3.1B	3.1B	3.2B	3.2B	2.7B
Net Debt	1.8B	1.9B	2.6B	2.9B	3.2B	1.7B
Accounts Payable	78.5M	51M	64.5M	35M	79.7M	61.0M
Non Current Assets Total	3.2B	3.3B	3.4B	3.5B	3.7B	2.8B
Net Receivables	87.9M	93.2M	120.3M	123M	124.4M	75.0M
Common Stock Shares Outstanding	18M	18.1M	25.7M	41.4M	56.3M	36.1M
Liabilities And Stockholders Equity	3.1B	3.4B	3.5B	3.6B	3.8B	2.8B
Non Current Liabilities Total	1.8B	1.9B	2.6B	2.9B	3.2B	3.4B
Other Stockholder Equity	(131.1M)	1.2B	549M	283.9M	255.5M	242.7M
Total Liab	1.9B	2.0B	2.7B	3.1B	3.4B	3.6B
Property Plant And Equipment Gross	3.0B	3.1B	4.3B	4.6B	4.8B	3.0B
Total Current Assets	95.9M	101.4M	133.1M	132.3M	136.8M	95.5M
Other Liab	16M	22.5M	18.1M	16.6M	19.1M	11.8M
Net Tangible Assets	131.5M	125M	135.7M	245.1M	220.6M	209.6M
Current Deferred Revenue	(200K)	54.1M	76.2M	7.3M	6.6M	6.2M
Non Currrent Assets Other	12.9M	10M	7.8M	12M	8.6M	9.2M
Other Assets	63.9M	162M	125.9M	189.2M	217.6M	228.5M
Other Current Assets	4.7M	5.6M	10.6M	6.2M	7M	5.3M
Short Term Debt	200K	10M	20M	2.5M	12.5M	11.9M
Common Stock	131.1M	125M	204.1M	245.1M	340.2M	533.2M
Property Plant Equipment	3.0B	3.1B	3.1B	3.2B	3.6B	2.9B
Cash	3.3M	2.6M	2.2M	3.1M	5.4M	5.1M
Non Current Liabilities Other	16M	23.4M	17.7M	16.1M	16.7M	14.6M
Long Term Debt	1.8B	1.9B	2.5B	2.9B	3.2B	2.1B
Cash And Short Term Investments	3.3M	2.6M	2.2M	3.1M	5.4M	5.1M
Deferred Long Term Liab	6.9M	12.2M	9.3M	9.5M	10.9M	8.8M
Net Invested Capital	1.9B	2.0B	2.8B	3.1B	3.6B	2.3B
Net Working Capital	(80.2M)	(23.6M)	(37.8M)	(27.2M)	(73.4M)	(69.7M)
Long Term Investments	107.8M	108.4M	101.6M	93.9M	90.2M	104.4M

Becoming a Better Investor with Macroaxis

Macroaxis puts the power of mathematics on your side. We analyze your portfolios and positions such as Hess Midstream Partners using complex mathematical models and algorithms, but make them easy to understand. There is no real person involved in your portfolio analysis. We perform a number of calculations to compute absolute and relative portfolio volatility, correlation between your assets, value at risk, expected return as well as over 100 different fundamental and technical indicators.

Build Optimal Portfolios

Align your risk with return expectations

By capturing your risk tolerance and investment horizon Macroaxis technology of instant portfolio optimization will compute exactly how much risk is acceptable for your desired return expectations

Fix portfolios for free

When determining whether Hess Midstream Partners is a strong investment it is important to analyze Hess Midstream's competitive position within its industry, examining market share, product or service uniqueness, and competitive advantages. Beyond financials and market position, potential investors should also consider broader economic conditions, industry trends, and any regulatory or geopolitical factors that may impact Hess Midstream's future performance. For an informed investment choice regarding Hess Stock, refer to the following important reports:

How To Invest In Hess

Details

Is Hess Stock a good investment?

Details

What is Hess Midstream's Net Worth?

Details

Largest Oil & Gas Midstream Companies

View

Largest Energy Companies

View

Check out Risk vs Return Analysis to better understand how to build diversified portfolios, which includes a position in Hess Midstream Partners. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in state.

You can also try the Cryptocurrency Center module to build and monitor diversified portfolio of extremely risky digital assets and cryptocurrency.

Complementary Tools for Hess Stock analysis

When running Hess Midstream's price analysis, check to measure Hess Midstream's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Hess Midstream is operating at the current time. Most of Hess Midstream's value examination focuses on studying past and present price action to predict the probability of Hess Midstream's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Hess Midstream's price. Additionally, you may evaluate how the addition of Hess Midstream to your portfolios can decrease your overall portfolio volatility.

	Portfolio Dashboard Portfolio dashboard that provides centralized access to all your investments
	Premium Stories Follow Macroaxis premium stories from verified contributors across different equity types, categories and coverage scope
	Funds Screener Find actively-traded funds from around the world traded on over 30 global exchanges
	Money Flow Index Determine momentum by analyzing Money Flow Index and other technical indicators
	Bond Analysis Evaluate and analyze corporate bonds as a potential investment for your portfolios.
	Sign In To Macroaxis Sign in to explore Macroaxis' wealth optimization platform and fintech modules
	My Watchlist Analysis Analyze my current watchlist and to refresh optimization strategy. Macroaxis watchlist is based on self-learning algorithm to remember stocks you like
	Cryptocurrency Center Build and monitor diversified portfolio of extremely risky digital assets and cryptocurrency
	Balance Of Power Check stock momentum by analyzing Balance Of Power indicator and other technical ratios

Is Hess Midstream's industry expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Hess Midstream. If investors know Hess will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Hess Midstream listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.

Quarterly Earnings Growth

0.255

Dividend Share

2.505

Earnings Share

2.2

Revenue Per Share

21.871

Quarterly Revenue Growth

0.166

The market value of Hess Midstream Partners is measured differently than its book value, which is the value of Hess that is recorded on the company's balance sheet. Investors also form their own opinion of Hess Midstream's value that differs from its market value or its book value, called intrinsic value, which is Hess Midstream's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Hess Midstream's market value can be influenced by many factors that don't directly affect Hess Midstream's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.

Please note, there is a significant difference between Hess Midstream's value and its price as these two are different measures arrived at by different means. Investors typically determine if Hess Midstream is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Hess Midstream's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.

Macroaxis helps investors of all levels and skills to maximize the upside of all their holdings and minimize the risk associated with market volatility, economic swings, and company-specific events. View terms and conditions

Feedback Blog

Made with optimal in San Francisco

2024 Macroaxis LLC

Hess Net Debt vs Current Deferred Revenue Analysis

Net Debt vs Current Deferred Revenue

Net Debt vs Current Deferred Revenue Correlation Analysis

Correlation Coefficient

Net Debt

Current Deferred Revenue

Hess Midstream fundamental ratios Correlations

Hess Midstream Account Relationship Matchups

High Positive Relationship

High Negative Relationship

Hess Midstream fundamental ratios Accounts

Becoming a Better Investor with Macroaxis

Build Optimal Portfolios

Align your risk with return expectations

Complementary Tools for Hess Stock analysis

COMMON DESTINATIONS

MAIN CATEGORIES

COMPANY

Property Plant And Equipment Net	+ 1.0	Total Assets
Non Current Assets Total	+ 1.0	Total Assets
Non Current Assets Total	+ 1.0	Property Plant And Equipment Net
Short Term Debt	+ 1.0	Short Long Term Debt
Property Plant Equipment	+ 0.98	Total Assets
Property Plant Equipment	+ 0.98	Property Plant And Equipment Net

Short Term Debt	- 0.95	Property Plant And Equipment Net
Short Long Term Debt	- 0.95	Property Plant And Equipment Net
Property Plant Equipment	- 0.93	Short Term Debt
Short Term Debt	- 0.93	Non Current Assets Total
Short Long Term Debt	- 0.93	Non Current Assets Total
Short Term Debt	- 0.93	Total Assets