Hoegh LNG Partners LP (Hoegh LNG Partners LP) Net Cash per Share : $-11.26 (As of Sep. 2022)

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What is Hoegh LNG Partners LP Net Cash per Share?

Net Cash per Share is calculated as Cash, Cash Equivalents, Marketable Securities minus Total Liabilities minus Minority Interest and then divided by Shares Outstanding (EOP). Hoegh LNG Partners LP's Net Cash per Share for the quarter that ended in Sep. 2022 was $-11.26.

The historical rank and industry rank for Hoegh LNG Partners LP's Net Cash per Share or its related term are showing as below:

HMLP's Price-to-Net-Cash is not ranked ^*
in the Oil & Gas industry.
Industry Median: 5.05
* Ranked among companies with meaningful Price-to-Net-Cash only.

Hoegh LNG Partners LP Net Cash per Share Historical Data

The historical data trend for Hoegh LNG Partners LP's Net Cash per Share 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.

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Hoegh LNG Partners LP Net Cash per Share Chart

Hoegh LNG Partners LP Annual Data

Trend

Dec12

Dec13

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Net Cash per Share

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-17.06

-14.34

-14.18

-13.71

-12.91

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
Net Cash per Share	Get a 7-Day Free Trial															-13.10	-12.91	-12.24	-11.86	-11.26

Competitive Comparison of Hoegh LNG Partners LP's Net Cash per Share

For the Oil & Gas Midstream subindustry, Hoegh LNG Partners LP's Price-to-Net-Cash, along with its competitors' market caps and Price-to-Net-Cash 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-Cash Distribution in the Oil & Gas Industry

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

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

Hoegh LNG Partners LP Net Cash per Share Calculation

In the calculation of a company's Net Cash per Share, assets other than cash and short term investments are considered to be worth nothing. But the company has to pay its debt and other liabilities in full. This is an extremely conservative way of valuation. Most companies have negative Net Cash per Share. But sometimes a company's price may be lower than its net-cash.

Hoegh LNG Partners LP's Net Cash per Share for the fiscal year that ended in Dec. 2021 is calculated as

	Net Cash per Share (A: Dec. 2021 )
=	(Cash, Cash Equivalents, Marketable Securities	-	Total Liabilities	-	Minority Interest)	/	Shares Outstanding (EOP)
=	(42.519	-	473.488	-	0)	/	33.373
=	-12.91

Hoegh LNG Partners LP's Net Cash per Share for the quarter that ended in Sep. 2022 is calculated as

	Net Cash per Share (Q: Sep. 2022 )
=	(Cash, Cash Equivalents, Marketable Securities	-	Total Liabilities	-	Minority Interest)	/	Shares Outstanding (EOP)
=	(45.265	-	420.908	-	0)	/	33.373
=	-11.26

Hoegh LNG Partners LP (NYSE:HMLP) Net Cash per Share Explanation

Ben Graham invested in situations where the company's stock price was lower than its net-cash. He assigned some value to the company's other current asset. The value is called Net Current Asset Value (NCAV). 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.

You can find companies that are traded below their Net Current Asset Value (NCAV) with our Net-Net screener.

Hoegh LNG Partners LP Net Cash per Share Related Terms

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Hoegh LNG Partners LP (Hoegh LNG Partners LP) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Energy » Oil & Gas » Hoegh LNG Partners LP (NYSE:HMLP) » Definitions » Net Cash per Share

Comparable Companies

GPP GLOP TNP TK NGL BKEP OSG SMLP MMLP DLNG TSX:ENB EPD TSX:TRP WMB KMI ET LNG MPLX OKE CQP

Traded in Other Exchanges

HMLPF.PFD:USA

Address

22 Victoria Street, Canon's Court, Hamilton, BMU, HM 12

Website

https://www.hoeghlngpartners.com

Hoegh LNG Partners LP own and operate floating storage and regasification units (FSRUs), under long-term charters. The company's primary business objective is making accretive acquisitions of FSRUs, LNG carriers and other LNG infrastructure assets with long-term charters. It has two segments, which are the Majority held FSRUs and the Joint venture FSRUs. The Majority held FSRUs segment is a key revenue driver which includes the direct financing lease related to the PT Perusahaan Gas Negara (Persero) Tbk (PGN) FSRU Lampung and the operating lease-related to the Hoegh Gallant. The Joint venture FSRUs segment includes approximately two FSRUs, including the GDF Suez LNG Supply S.A. (GDF Suez) Neptune and the GDF Suez Cape Ann, which operate under long-term time charters.