Hoegh LNG Partners Financials

Based on the key indicators obtained from Hoegh LNG's historical financial statements, Hoegh LNG Partners is not in a good financial situation at the moment. It has a very high risk of going through financial straits in April.
With this module, you can analyze Hoegh financials for your investing period. You should be able to track the changes in Hoegh LNG individual financial statements over time to develop the understanding of its risk, liquidity, profitability, or other critical and vital indicators.
  
Understanding current and past Hoegh LNG Financials, including the trends in assets, liabilities, equity and income are directly related to making proper and timely investing decisions. All of Hoegh LNG's financial statements are interrelated, with each one affecting the others. For example, an increase in Hoegh LNG's assets may result in an increase in income on the income statement.
Evaluating Hoegh LNG's financials involves analyzing a range of financial metrics and ratios to gain insights into the company's financial health and performance. However, considering all of Hoegh LNG's profitability, liquidity ratios, and efficiency indicators at the same time could be an enormous task, and our Financial Distress score can provide you with a snapshot of the Hoegh LNG's relative financial performance

Chance Of Distress

Over 100

 
100  
 
Zero
Dangerous
Hoegh LNG Partners has more than 100 (%) percent chance of experiencing financial distress in the next two years of operations. The calculation of odds of distress for Hoegh LNG stock is tightly coupled with the Probability of Bankruptcy. It complements the equity performance score by supplying investors with insight into company financials without requiring them to know too much about all of the complex accounting and financial indicators surrounding the entity.
Please note, Hoegh LNG's odds of distress score SHOULD NOT be confused with the real chance of Hoegh LNG Partners filing for bankruptcy protection for chapters 7, 11, 12, or 13. We define Financial Distress as an operational condition where an entity such as Hoegh is having difficulty meeting its current financial obligations towards its creditors or delivering on the expectations of its investors. Macroaxis derives these conditions daily from public financial statements and analysis of stock prices reacting to market conditions or economic downturns, including short-term and long-term historical volatility. Other factors considered include Hoegh LNG's liquidity analysis, revenue patterns, R&D expenses, and commitments, as well as public headlines and social sentiment.
More Info
The data published in Hoegh LNG's official financial statements usually reflect Hoegh LNG's business processes, product offerings, services, and other fundamental events. But there are other numbers, ratios, or fundamental indicators derived from these statements that are easier to understand and visualize within the underlying realities that drive quantitative information of Hoegh LNG Partners. For example, before you start analyzing numbers published by Hoegh accountants, it's critical to develop an understanding of what Hoegh LNG's liquidity, profitability, and earnings quality are in the context of the Energy space in which it operates.
Please note, the presentation of Hoegh LNG's financial position, as portrayed in its financial statements, is often influenced by management's estimates, judgments, and sometimes even manipulations. In the best case, Hoegh LNG's management is honest, while the outside auditors are strict and uncompromising. Whatever the case, the imprecision that can be found in Hoegh LNG's accounting process means that the reasonable investor should take a skeptical approach toward the financial statement analysis of Hoegh LNG Partners. Please utilize our Beneish M Score to check the likelihood of Hoegh LNG's management manipulating its earnings.

Hoegh LNG Company Summary

Hoegh LNG competes with Asure Software, Yuexiu Transport, Nextplat Corp, Grupo Televisa, and Eagle Bulk. Hegh LNG Partners LP focuses on owning, operating, and acquiring floating storage and regasification units , liquefied natural gas carriers, and other LNG infrastructure assets under long-term charters. The company was incorporated in 2014 and is headquartered in Hamilton, Bermuda. Hoegh Lng is traded on New York Stock Exchange in the United States.
InstrumentUSA Stock View All
ExchangeNew York Stock Exchange
ISINMHY3262R1009
Business AddressCanons Court
SectorEnergy
IndustryOil & Gas Midstream
BenchmarkNYSE Composite
Websitewww.hoeghlngpartners.com
Phone479 912 3443
CurrencyUSD - US Dollar
You should never invest in Hoegh LNG without having analyzed its financial statements. Do not rely on someone else's analysis or guesses about the future performance of Hoegh Stock, because this is throwing your money away. Analyzing the key information contained in Hoegh LNG's financial statements can give you an edge over other investors and help to ensure that your investments perform well for you.

Hoegh LNG Key Financial Ratios

Generally speaking, Hoegh LNG's financial ratios allow both analysts and investors to convert raw data from Hoegh LNG's financial statements into concise, actionable information that can be used to evaluate the performance of Hoegh LNG over time and compare it to other companies across industries. There are many critical financial ratios that investors are exposed to on a daily basis, but they are usually grouped into few meaningful categories from each financial statement that Hoegh LNG Partners reports annually and quarterly.

Hoegh Financial Ratios Relationships

Comparative valuation techniques use various fundamental indicators to help in determining Hoegh LNG's current stock value. Our valuation model uses many indicators to compare Hoegh LNG value to that of its competitors to determine the firm's financial worth. You can analyze the relationship between different fundamental ratios across Hoegh LNG competition to find correlations between indicators driving Hoegh LNG's intrinsic value. More Info.
Hoegh LNG Partners is one of the top stocks in market capitalization category among related companies. It is one of the top stocks in current liabilities category among related companies creating about  0.24  of Current Liabilities per Market Capitalization. The ratio of Market Capitalization to Current Liabilities for Hoegh LNG Partners is roughly  4.24 . Comparative valuation analysis is a catch-all model that can be used if you cannot value Hoegh LNG by discounting back its dividends or cash flows. This model doesn't attempt to find an intrinsic value for Hoegh LNG's Stock . Still, instead, it compares the stock's price multiples to a benchmark or nearest competition to determine if the stock is relatively undervalued or overvalued. The reason why the comparable model can be used in almost all circumstances is due to the vast number of multiples that can be utilized, such as the price-to-earnings (P/E), price-to-book (P/B), price-to-sales (P/S), price-to-cash flow (P/CF), and many others. The P/E ratio is the most commonly used of these ratios because it focuses on the Hoegh LNG's earnings, one of the primary drivers of an investment's value.
Check out Risk vs Return Analysis to better understand how to build diversified portfolios. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in bureau of economic analysis.
You can also try the Insider Screener module to find insiders across different sectors to evaluate their impact on performance.

Other Consideration for investing in Hoegh Stock

If you are still planning to invest in Hoegh LNG Partners check if it may still be traded through OTC markets such as Pink Sheets or OTC Bulletin Board. You may also purchase it directly from the company, but this is not always possible and may require contacting the company directly. Please note that delisted stocks are often considered to be more risky investments, as they are no longer subject to the same regulatory and reporting requirements as listed stocks. Therefore, it is essential to carefully research the Hoegh LNG's history and understand the potential risks before investing.
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