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HMLPF.PFD (Hoegh LNG Partners LP) Net-Net Working Capital : $0.00 (As of Sep. 2022)


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What is Hoegh LNG Partners LP Net-Net Working Capital?

In calculating the Net-Net Working Capital (NNWC), Benjamin Graham assumed that a company's accounts receivable is only worth 75% its value, its inventory is only worth 50% of its value, but its liabilities have to be paid in full. In addition, Graham believed that preferred stock belongs on the liability side of the balance sheet, not as part of capital and surplus. This is a conservative way of estimating the company's value.

Hoegh LNG Partners LP's Net-Net Working Capital for the quarter that ended in Sep. 2022 was $0.00.

The industry rank for Hoegh LNG Partners LP's Net-Net Working Capital or its related term are showing as below:

HMLPF.PFD's Price-to-Net-Net-Working-Capital is not ranked *
in the Oil & Gas industry.
Industry Median: 4.93
* Ranked among companies with meaningful Price-to-Net-Net-Working-Capital only.

Hoegh LNG Partners LP Net-Net Working Capital Historical Data

The historical data trend for Hoegh LNG Partners LP's Net-Net Working Capital can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

* Premium members only.

Hoegh LNG Partners LP Net-Net Working Capital Chart

Hoegh LNG Partners LP Annual Data
Trend Dec12 Dec13 Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21
Net-Net Working Capital
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Hoegh LNG Partners LP Quarterly Data
Dec17 Mar18 Jun18 Sep18 Dec18 Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22
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Competitive Comparison of Hoegh LNG Partners LP's Net-Net Working Capital

For the Oil & Gas Midstream subindustry, Hoegh LNG Partners LP's Price-to-Net-Net-Working-Capital, along with its competitors' market caps and Price-to-Net-Net-Working-Capital data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


Hoegh LNG Partners LP's Price-to-Net-Net-Working-Capital Distribution in the Oil & Gas Industry

For the Oil & Gas industry and Energy sector, Hoegh LNG Partners LP's Price-to-Net-Net-Working-Capital distribution charts can be found below:

* The bar in red indicates where Hoegh LNG Partners LP's Price-to-Net-Net-Working-Capital falls into.


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Hoegh LNG Partners LP Net-Net Working Capital Calculation

Hoegh LNG Partners LP's Net-Net Working Capital (NNWC) per share for the fiscal year that ended in Dec. 2021 is calculated as

Net-Net Working Capital(A: Dec. 2021 )
=(Cash, Cash Equivalents, Marketable Securities+0.75 * Accounts Receivable+0.5 * Total Inventories-Total Liabilities
-Preferred Stock-Minority Interest)/Shares Outstanding (EOP)
=(42.519+0.75 * 3.653+0.5 * 0-473.488
-0-0)/0
=N/A

Hoegh LNG Partners LP's Net-Net Working Capital (NNWC) per share for the quarter that ended in Sep. 2022 is calculated as

Net-Net Working Capital(Q: Sep. 2022 )
=(Cash, Cash Equivalents, Marketable Securities+0.75 * Accounts Receivable+0.5 * Total Inventories-Total Liabilities
-Preferred Stock-Minority Interest)/Shares Outstanding (EOP)
=(45.265+0.75 * 7.088+0.5 * 0-420.908
-0-0)/0
=N/A

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

In calculating the Net-Net Working Capital (NNWC), Benjamin Graham assumed that a company's accounts receivable is only worth 75% its value, its inventory is only worth 50% of its value, but its liabilities have to be paid in full.

In addition, Graham believed that preferred stock belongs on the liability side of the balance sheet, not as part of capital and surplus. In "Security Analysis", preferred stock is dubbed "an imperfect creditorship position" that is best placed on the balance sheet alongside funded debt.

This is a conservative way of estimating the company's value.


Hoegh LNG Partners LP  (OTCPK:HMLPF.PFD) Net-Net Working Capital Explanation

One research study, covering the years 1970 through 1983 showed that portfolios picked at the beginning of each year, and held for one year, returned 29.4 percent, on average, over the 13-year period, compared to 11.5 percent for the S&P 500 Index. Other studies of Graham's strategy produced similar results.

Benjamin Graham looked for companies whose market values were less than two-thirds of their net-net value. They are collected under our Net-Net screener.


Hoegh LNG Partners LP Net-Net Working Capital Related Terms

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Hoegh LNG Partners LP Business Description

Traded in Other Exchanges
N/A
Address
22 Victoria Street, Canon's Court, Hamilton, BMU, HM 12
Hoegh LNG Partners LP is a floating LNG service provider, to own, operate and acquire floating storage and regasification units (FSRUs), LNG carriers and other LNG infrastructure assets.

Hoegh LNG Partners LP Headlines

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