Hess Midstream Partners Stock Current Asset
HESM Stock | USD 36.82 0.75 2.08% |
Hess Midstream Partners fundamentals help investors to digest information that contributes to Hess Midstream's financial success or failures. It also enables traders to predict the movement of Hess Stock. The fundamental analysis module provides a way to measure Hess Midstream's intrinsic value by examining its available economic and financial indicators, including the cash flow records, the balance sheet account changes, the income statement patterns, and various microeconomic indicators and financial ratios related to Hess Midstream stock.
As of the 22nd of November 2024, Non Current Assets Total is likely to drop to about 2.8 B. In addition to that, Total Current Assets is likely to drop to about 95.5 M. Hess | Current Asset |
Hess Midstream Partners Company Current Asset Analysis
Hess Midstream's Current Asset is all of the company's assets that can be used to pay off current liabilities within the current fiscal period or over the next 12 months. Current Asset includes cash or cash equivalents, accounts receivable, short-term investments, and the portion of prepaid liabilities which will be paid within the next 12 months. Because these assets are easily turned into cash, they are sometimes referred to as liquid assets.
Current Hess Midstream Current Asset | 77.11 M |
Most of Hess Midstream's fundamental indicators, such as Current Asset, are part of a valuation analysis module that helps investors searching for stocks that are currently trading at higher or lower prices than their real value. If the real value is higher than the market price, Hess Midstream Partners is considered to be undervalued, and we provide a buy recommendation. Otherwise, we render a sell signal.
Hess Current Asset Historical Pattern
Today, most investors in Hess Midstream Stock are looking for potential investment opportunities by analyzing not only static indicators but also various Hess Midstream's growth ratios. Consistent increases or drops in fundamental ratios usually indicate a possible pattern that can be successfully translated into profits. However, when comparing two companies, knowing each company's current asset growth rates may not be enough to decide which company is a better investment. That's why investors frequently use a static breakdown of Hess Midstream current asset as a starting point in their analysis.
Hess Midstream Current Asset |
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Current Asset is important to company's creditors and private equity firms as they will often be interested in how much that company has in current assets since these assets can be easily liquidated in case the company goes bankrupt. However, it is usually not enough to know if a company is in good shape just based on current asset alone; the amount of current liabilities should always be considered.
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Hess Total Assets
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In accordance with the recently published financial statements, Hess Midstream Partners has a Current Asset of 77.11 M. This is 98.92% lower than that of the Oil, Gas & Consumable Fuels sector and 95.61% lower than that of the Energy industry. The current asset for all United States stocks is 99.17% higher than that of the company.
Hess Current Asset Peer Comparison
Stock peer comparison is one of the most widely used and accepted methods of equity analyses. It analyses Hess Midstream's direct or indirect competition against its Current Asset to detect undervalued stocks with similar characteristics or determine the stocks which would be a good addition to a portfolio. Peer analysis of Hess Midstream could also be used in its relative valuation, which is a method of valuing Hess Midstream by comparing valuation metrics of similar companies.Hess Midstream is currently under evaluation in current asset category among its peers.
Hess Midstream ESG Sustainability
Some studies have found that companies with high sustainability scores are getting higher valuations than competitors with lower social-engagement activities. While most ESG disclosures are voluntary and do not directly affect the long term financial condition, Hess Midstream's sustainability indicators can be used to identify proper investment strategies using environmental, social, and governance scores that are crucial to Hess Midstream's managers, analysts, and investors.Environmental | Governance | Social |
Hess Fundamentals
Return On Equity | 1.44 | |||
Return On Asset | 0.14 | |||
Profit Margin | 0.13 % | |||
Operating Margin | 0.61 % | |||
Current Valuation | 7.23 B | |||
Shares Outstanding | 104.07 M | |||
Shares Owned By Insiders | 1.12 % | |||
Shares Owned By Institutions | 93.76 % | |||
Number Of Shares Shorted | 4.5 M | |||
Price To Earning | 21.18 X | |||
Price To Book | 7.07 X | |||
Price To Sales | 5.40 X | |||
Revenue | 1.35 B | |||
Gross Profit | 995.6 M | |||
EBITDA | 1.02 B | |||
Net Income | 118.6 M | |||
Cash And Equivalents | 2.6 M | |||
Cash Per Share | 0.06 X | |||
Total Debt | 3.21 B | |||
Debt To Equity | 6.03 % | |||
Current Ratio | 0.93 X | |||
Book Value Per Share | 5.10 X | |||
Cash Flow From Operations | 866.4 M | |||
Short Ratio | 5.92 X | |||
Earnings Per Share | 2.36 X | |||
Price To Earnings To Growth | 1.57 X | |||
Target Price | 40.2 | |||
Beta | 1.48 | |||
Market Capitalization | 7.86 B | |||
Total Asset | 3.79 B | |||
Retained Earnings | 179.7 M | |||
Working Capital | (73.4 M) | |||
Current Asset | 77.11 M | |||
Current Liabilities | 199.97 M | |||
Annual Yield | 0.08 % | |||
Five Year Return | 7.12 % | |||
Net Asset | 3.79 B | |||
Last Dividend Paid | 2.64 |
About Hess Midstream Fundamental Analysis
The Macroaxis Fundamental Analysis modules help investors analyze Hess Midstream Partners's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of Hess Midstream using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of Hess Midstream Partners based on its fundamental data. In general, a quantitative approach, as applied to this company, focuses on analyzing financial statements comparatively, whereas a qaualitative method uses data that is important to a company's growth but cannot be measured and presented in a numerical way.
Please read more on our fundamental analysis page.
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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.