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Höegh LNG Partners Balance Sheet Health
Financial Health criteria checks 2/6
Key information
66.6%
Debt to equity ratio
US$385.54m
Debt
| Interest coverage ratio | 3.6x |
| Cash | US$42.96m |
| Equity | US$578.65m |
| Total liabilities | US$438.18m |
| Total assets | US$1.02b |
Recent financial health updates
Recent updates
Höegh LNG Partners LP Q2 2022 Earnings Preview
Aug 23Höegh LNG Partners LP declares $0.01 dividend
Jul 21Hoegh LNG Partners - Proposed Acquisition By Parent Hoegh LNG Appears To Be A Done Deal
May 25Höegh LNG Partners: Floating Storage And Reorganization (Of Common And Preferred) Units
Mar 28Hoegh MLP Is A Hold And Maybe A Buy For Some
Jan 13Hoegh LNG Partners Preferred Stock - Slow To React To Good News
Dec 28Hoegh LNG Partners - Maturity Extension No Reason To Celebrate For Common Unitholders
Sep 30Hoegh LNG Partners: Drowning In Speculation, But Betting On The Refinancing Story
Sep 06Hoegh LNG Partners Drops The Bomb - Sell
Jul 28Höegh LNG: Keep Riding The Most FSRU = Fixed Shipping Rate Universe
Feb 01Höegh LNG Partners LP declares $0.44 dividend
Jan 14Höegh LNG Partners LP: The Preferreds Offer An 8.71% YTC With A 6X Coverage
Nov 23Höegh LNG Partners LP EPS beats by $0.05, beats on revenue
Nov 19Financial Position Analysis
Short Term Liabilities: HMLP's short term assets ($76.2M) do not cover its short term liabilities ($95.0M).
Long Term Liabilities: HMLP's short term assets ($76.2M) do not cover its long term liabilities ($343.2M).
Debt to Equity History and Analysis
Debt Level: HMLP's net debt to equity ratio (59.2%) is considered high.
Reducing Debt: HMLP's debt to equity ratio has reduced from 125.5% to 66.6% over the past 5 years.
Debt Coverage: HMLP's debt is not well covered by operating cash flow (19.3%).
Interest Coverage: HMLP's interest payments on its debt are well covered by EBIT (3.6x coverage).