Company Information

  

Address: SUITE 616, 48 PAR-LA-VILLE ROAD  
City: HAMILTON 
State:  
Zip Code: HM 11 
Telephone: 441-295-6815 

Description of Business

Primary SIC Code: 4400
(As filed with the SEC)  

Höegh LNG Partners LP is a publicly-traded limited partnership formed initially by Höegh LNG Holdings Ltd. (Oslo Børs symbol: HLNG), a leading floating LNG service provider, to own, operate and acquire floating storage and regasification units ("FSRUs"), LNG carriers and other LNG infrastructure assets under long-term charters, which we define as charters of five or more years. At the closing of our initial public offering ("IPO") in August 2014, Höegh LNG contributed interests in our initial fleet of three modern FSRUs to us. On October 1, 2015, we acquired 100% of the shares of Höegh FSRU III, the entity that indirectly owns the FSRU Höegh Gallant. On January 3, 2017, we closed the acquisition of a 51% ownership interest in Höegh Colombia Holding, the entity that owns Höegh FSRU IV and Höegh Colombia, the entities that own and operate the FSRU Höegh Grace (together with Höegh Colombia Holding, the "Höegh Graceentities").  ... More ...  

Per Share Overview

Date 12-mos Rolling EPS Dividend P/E Ratio
12/20161.580.41212.03
03/20161.420.41212.27
12/20151.560.41211.94
09/20150.930.33817.47
03/20150.320.33867.81
12/20140.230.18389.74

Key Financial Ratios and Statistics

FYE: 12/31

Profitability 2016 Leverage 2016
Net Inc/Comm Equity0.13Total Liab/Total Assets0.55
Net Inc/Total Assets0.05Total Liab/Inv Cap0.62
Net Inc/Inv Cap0.06Total Liab/Comm Equity1.39
Pretax Inc/Net Sales0.50Interest Coverage Ratio2.80
Net Inc/Net Sales0.45Curr Debt/Equity0.10
Cash Flow/Net Sales0.43LTD/Equity0.95
SG&A/NetSales0.11Total Debt/Equity1.05
Asset Utilization   Liquidity  
Net Receivables Turnover5.66Quick Ratio0.76
Inventory Turnover22.40Current Ratio0.77
Inventory Day Sales0.06Net Rec/Curr Assets0.28
Net Sales/Work Cap-6.77Inv/Curr Assets0.02
Net Sales/PP&E0.27  

Income Statement (Millions)

  12/31/2016 12/31/2015 12/31/2014 12/31/2013
Total Revenues(Net Sales) 91.11 57.47 74.57 51.57
Cost of Goods Sold 16.40 9.68 45.91 43.96
Selling & Admin Exps 9.72 8.73 12.57 8.04
Operating Income 71.06 53.52 9.45 39.79
Interest Exp 25.18 17.77 9.67 0.35
Pretax Income 45.25 41.59 1.80 40.47
Other Income -0.64 5.84 2.01 1.03
Net Income Bef Extraordinary ... NA NA NA NA
Net Income 41.38 41.28 1.31 40.47

Balance Sheet (Millions)

Assets 12/31/2016 12/31/2015 12/31/2014 12/31/2013
Cash & Short Term Investments 30.46 46.69 55.31 0.11
Receivables - Total 12.60 19.57 156.44 62.29
Inventories - Total 0.70 0.77 0.00 NA
Total Current Assets 44.36 67.55 212.31 65.82
Net Property, Plant & Equipment 343.18 353.20 0.05 122.66
Total Assets 810.47 763.74 549.42 228.62
Liabilities        
Accounts Payable 21.28 32.74 20.25 23.44
Debt in Current Liabilities 35.74 37.41 24.21 193.43
Total Current Liabilities 57.82 72.22 47.52 221.49
Long-Term Debt 346.96 383.49 183.69 0.00
Total Liabilities 445.68 513.95 313.04 276.72
Stockholder's Equity        
Minority Interest NA NA NA NA
Preferred Stock NA NA NA NA
Common Stock 321.09 209.37 207.00 0.00
Retained Earnings NA NA NA NA
Treasury Stock NA NA NA NA
Total Stockholders' Equity 364.79 249.80 236.38 -48.10
Total Liabilities and Stockholders' Equity 810.47 763.74 549.42 228.62

Cash Flow Summary (Millions)

Categories 12/31/2016 12/31/2015 12/31/2014 12/31/2013
Net Cash Provided by Operating Activities 39.43 42.79 27.98 -41.22
Net Cash Provided by Investing Activities -83.08 15.46 -292.20 -30.78
Net Cash Provided by Financing Activities 29.70 -55.85 294.59 72.01

Annual Summary Data (Millions)

Year Sales Net Income EPS
12/201351.5740.47--
12/201474.571.310.23
12/201557.4641.281.56
12/201691.1141.381.58
Growth Rates20.890.74--

Stock Ownership

Type Date(Q,M) No. Owners Shares Held (000s) % Own
Institutional09/30/174613,29767.28




Report Date : 10/16/2017

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