Hess Total Assets vs Total Stockholder Equity Analysis
HESM Stock | USD 35.79 0.37 1.04% |
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 Total Assets and its Total Stockholder Equity 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.
Total Assets vs Total Stockholder Equity
Total Assets vs Total Stockholder Equity Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Hess Midstream Partners Total Assets account and Total Stockholder Equity. At this time, the significance of the direction appears to have very week relationship.
The correlation between Hess Midstream's Total Assets and Total Stockholder Equity is 0.28. Overlapping area represents the amount of variation of Total Assets that can explain the historical movement of Total Stockholder Equity 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 Total Assets and Total Stockholder Equity is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Total Assets of Hess Midstream Partners are associated (or correlated) with its Total Stockholder Equity. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Total Stockholder Equity has no effect on the direction of Total Assets i.e., Hess Midstream's Total Assets and Total Stockholder Equity go up and down completely randomly.
Correlation Coefficient | 0.28 |
Relationship Direction | Positive |
Relationship Strength | Very Weak |
Total Assets
Total assets refers to the total amount of Hess Midstream assets owned. Assets are items that have some economic value and are expended over time to create a benefit for the owner. These assets are usually recorded in Hess Midstream Partners books under different categories such as cash, marketable securities, accounts receivable,prepaid expenses, inventory, fixed assets, intangible assets, other assets, marketable securities, accounts receivable, prepaid expenses and others. The total value of all owned resources that are expected to provide future economic benefits to the business, including cash, investments, accounts receivable, inventory, property, plant, equipment, and intangible assets.Total Stockholder Equity
The total equity held by shareholders, calculated as the difference between a company's total assets and total liabilities. It represents the net value of the company owned by shareholders.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 20th 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 |
Hess Midstream fundamental ratios Correlations
Click cells to compare fundamentals
Hess Midstream Account Relationship Matchups
High Positive Relationship
High Negative Relationship
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 |
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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 Insider Screener module to find insiders across different sectors to evaluate their impact on performance.
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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.