Hess Total Liab vs Short Long Term Debt Analysis
HESM Stock | USD 36.82 0.75 2.08% |
Hess Midstream financial indicator trend analysis is much more than just examining Hess Midstream Partners latest accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Hess Midstream Partners is a good investment. Please check the relationship between Hess Midstream Total Liab and its Short Long Term Debt accounts. Check out Risk vs Return Analysis to better understand how to build diversified portfolios, which includes a position in Hess Midstream Partners. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in state.
Total Liab vs Short Long Term Debt
Total Liab vs Short Long Term Debt Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Hess Midstream Partners Total Liab account and Short Long Term Debt. At this time, the significance of the direction appears to have significant contrarian relationship.
The correlation between Hess Midstream's Total Liab and Short Long Term Debt is -0.46. Overlapping area represents the amount of variation of Total Liab that can explain the historical movement of Short Long Term Debt in the same time period over historical financial statements of Hess Midstream Partners, assuming nothing else is changed. The correlation between historical values of Hess Midstream's Total Liab and Short Long Term Debt is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Total Liab of Hess Midstream Partners are associated (or correlated) with its Short Long Term Debt. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Short Long Term Debt has no effect on the direction of Total Liab i.e., Hess Midstream's Total Liab and Short Long Term Debt go up and down completely randomly.
Correlation Coefficient | -0.46 |
Relationship Direction | Negative |
Relationship Strength | Very Weak |
Total Liab
The total amount of all liabilities that a company has, including both short-term and long-term liabilities.Short Long Term Debt
The total of a company's short-term and long-term borrowings.Most indicators from Hess Midstream's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Hess Midstream Partners current financial condition. On the other hand, looking into the entire matrix of fundamental ratios indicators, and analyzing their relationships over time can provide a more complete picture of the company financial strength now and in the future. Check out Risk vs Return Analysis to better understand how to build diversified portfolios, which includes a position in Hess Midstream Partners. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in state. At this time, Hess Midstream's Sales General And Administrative To Revenue is very stable compared to the past year. As of the 22nd of November 2024, Enterprise Value Over EBITDA is likely to grow to 5.14, while Selling General Administrative is likely to drop about 19.9 M.
2021 | 2022 | 2023 | 2024 (projected) | Gross Profit | 1.0B | 1.1B | 1.0B | 649.1M | Total Revenue | 1.2B | 1.3B | 1.3B | 808.1M |
Hess Midstream fundamental ratios Correlations
Click cells to compare fundamentals
Hess Midstream Account Relationship Matchups
High Positive Relationship
High Negative Relationship
Hess Midstream fundamental ratios Accounts
2019 | 2020 | 2021 | 2022 | 2023 | 2024 (projected) | ||
Total Assets | 3.3B | 3.4B | 3.5B | 3.6B | 3.8B | 2.9B | |
Short Long Term Debt Total | 1.8B | 1.9B | 2.6B | 2.9B | 3.2B | 1.9B | |
Other Current Liab | 97.6M | 85M | 113.9M | 111.3M | 106.5M | 106.3M | |
Total Current Liabilities | 176.1M | 125M | 170.9M | 159.5M | 210.2M | 222.3M | |
Total Stockholder Equity | 400K | 1.3B | 753.1M | 529M | 340.2M | 323.2M | |
Property Plant And Equipment Net | 3.0B | 3.1B | 3.1B | 3.2B | 3.2B | 2.7B | |
Net Debt | 1.8B | 1.9B | 2.6B | 2.9B | 3.2B | 1.7B | |
Accounts Payable | 78.5M | 30M | 26.9M | 35M | 79.7M | 57.1M | |
Non Current Assets Total | 3.2B | 3.3B | 3.4B | 3.5B | 3.7B | 2.8B | |
Net Receivables | 87.9M | 93.2M | 120.3M | 123M | 124.4M | 75.0M | |
Common Stock Shares Outstanding | 18M | 18.1M | 25.7M | 41.4M | 56.3M | 36.1M | |
Liabilities And Stockholders Equity | 3.1B | 3.4B | 3.5B | 3.6B | 3.8B | 2.8B | |
Non Current Liabilities Total | 1.8B | 1.9B | 2.6B | 2.9B | 3.2B | 3.4B | |
Other Stockholder Equity | (131.1M) | 1.2B | 549M | 283.9M | 255.5M | 242.7M | |
Total Liab | 1.9B | 2.0B | 2.7B | 3.1B | 3.4B | 3.6B | |
Property Plant And Equipment Gross | 3.0B | 3.1B | 4.3B | 4.6B | 4.8B | 3.0B | |
Total Current Assets | 95.9M | 101.4M | 133.1M | 132.3M | 136.8M | 95.5M | |
Other Liab | 16M | 22.5M | 18.1M | 16.6M | 19.1M | 11.8M | |
Net Tangible Assets | 131.5M | 125M | 135.7M | 245.1M | 220.6M | 209.6M | |
Current Deferred Revenue | (200K) | 54.1M | 76.2M | 7.3M | 117.4M | 123.3M | |
Non Currrent Assets Other | 12.9M | 10M | 7.8M | 12M | 8.6M | 9.2M | |
Other Assets | 63.9M | 162M | 125.9M | 189.2M | 217.6M | 228.5M | |
Other Current Assets | 4.7M | 5.6M | 10.6M | 6.2M | 7M | 5.3M | |
Short Term Debt | 200K | 10M | 20M | 2.5M | 12.5M | 11.9M | |
Common Stock | 131.1M | 125M | 204.1M | 245.1M | 340.2M | 533.2M | |
Property Plant Equipment | 3.0B | 3.1B | 3.1B | 3.2B | 3.6B | 2.9B | |
Cash | 3.3M | 2.6M | 2.2M | 3.1M | 5.4M | 5.1M | |
Non Current Liabilities Other | 16M | 23.4M | 17.7M | 16.1M | 16.7M | 14.6M | |
Long Term Debt | 1.8B | 1.9B | 2.5B | 2.9B | 3.2B | 2.1B | |
Cash And Short Term Investments | 3.3M | 2.6M | 2.2M | 3.1M | 5.4M | 5.1M | |
Deferred Long Term Liab | 6.9M | 12.2M | 9.3M | 9.5M | 10.9M | 8.8M | |
Net Invested Capital | 1.9B | 2.0B | 2.8B | 3.1B | 3.6B | 2.3B | |
Net Working Capital | (80.2M) | (23.6M) | (37.8M) | (27.2M) | (73.4M) | (69.7M) | |
Long Term Investments | 107.8M | 108.4M | 101.6M | 93.9M | 90.2M | 104.4M |
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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.