Hess Net Debt To E B I T D A from 2010 to 2024

HESM Stock  USD 36.82  0.75  2.08%   
Hess Midstream Net Debt To EBITDA yearly trend continues to be very stable with very little volatility. Net Debt To EBITDA is likely to grow to 3.31 this year. Net Debt To EBITDA is a leverage ratio that indicates a company's ability to pay off its incurred debt. It compares a company's net debt (total debt minus cash) to its Earnings Before Interest, Taxes, Depreciation, and Amortization (EBITDA). View All Fundamentals
 
Net Debt To EBITDA  
First Reported
2010-12-31
Previous Quarter
3.15209911
Current Value
3.31
Quarterly Volatility
5.36100164
 
Credit Downgrade
 
Yuan Drop
 
Covid
Check Hess Midstream financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Hess Midstream's main balance sheet or income statement drivers, such as Depreciation And Amortization of 122.4 M, Interest Expense of 187.9 M or Selling General Administrative of 19.9 M, as well as many indicators such as Price To Sales Ratio of 1.25, Dividend Yield of 0.0681 or PTB Ratio of 4.96. Hess financial statements analysis is a perfect complement when working with Hess Midstream Valuation or Volatility modules.
  
Check out the analysis of Hess Midstream Correlation against competitors.

Latest Hess Midstream's Net Debt To E B I T D A Growth Pattern

Below is the plot of the Net Debt To E B I T D A of Hess Midstream Partners over the last few years. It is a leverage ratio that indicates a company's ability to pay off its incurred debt. It compares a company's net debt (total debt minus cash) to its Earnings Before Interest, Taxes, Depreciation, and Amortization (EBITDA). Hess Midstream's Net Debt To EBITDA historical data analysis aims to capture in quantitative terms the overall pattern of either growth or decline in Hess Midstream's overall financial position and show how it may be relating to other accounts over time.
Net Debt To E B I T D A10 Years Trend
Slightly volatile
   Net Debt To E B I T D A   
       Timeline  

Hess Net Debt To E B I T D A Regression Statistics

Arithmetic Mean0.38
Coefficient Of Variation1,397
Mean Deviation3.95
Median1.73
Standard Deviation5.36
Sample Variance28.74
Range19.9589
R-Value0.58
Mean Square Error20.47
R-Squared0.34
Significance0.02
Slope0.70
Total Sum of Squares402.36

Hess Net Debt To E B I T D A History

2024 3.31
2023 3.15
2022 2.96
2021 2.84
2020 2.6
2019 3.21
2018 1.73

About Hess Midstream Financial Statements

Hess Midstream investors utilize fundamental indicators, such as Net Debt To E B I T D A, to predict how Hess Stock might perform in the future. Analyzing these trends over time helps investors make informed market timing decisions. For further insights, please visit our fundamental analysis page.
Last ReportedProjected for Next Year
Net Debt To EBITDA 3.15  3.31 

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When determining whether Hess Midstream Partners is a strong investment it is important to analyze Hess Midstream's competitive position within its industry, examining market share, product or service uniqueness, and competitive advantages. Beyond financials and market position, potential investors should also consider broader economic conditions, industry trends, and any regulatory or geopolitical factors that may impact Hess Midstream's future performance. For an informed investment choice regarding Hess Stock, refer to the following important reports:
Check out the analysis of Hess Midstream Correlation against competitors.
You can also try the Stocks Directory module to find actively traded stocks across global markets.
Is Oil & Gas Storage & Transportation space 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
0.115
Dividend Share
2.638
Earnings Share
2.36
Revenue Per Share
18.19
Quarterly Revenue Growth
0.042
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.