Dynagas LNG Partners Balance Sheet Health
Financial Health criteria checks 3/6
Dynagas LNG Partners has a total shareholder equity of $430.6M and total debt of $454.4M, which brings its debt-to-equity ratio to 105.5%. Its total assets and total liabilities are $910.8M and $480.2M respectively. Dynagas LNG Partners's EBIT is $52.1M making its interest coverage ratio -19.4. It has cash and short-term investments of $52.9M.
Key information
105.5%
Debt to equity ratio
US$454.36m
Debt
| Interest coverage ratio | -19.4x |
| Cash | US$52.88m |
| Equity | US$430.64m |
| Total liabilities | US$480.18m |
| Total assets | US$910.82m |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: DGL's short term assets ($85.3M) exceed its short term liabilities ($20.5M).
Long Term Liabilities: DGL's short term assets ($85.3M) do not cover its long term liabilities ($459.7M).
Debt to Equity History and Analysis
Debt Level: DGL's net debt to equity ratio (93.2%) is considered high.
Reducing Debt: DGL's debt to equity ratio has reduced from 233% to 105.5% over the past 5 years.
Debt Coverage: DGL's debt is not well covered by operating cash flow (10.2%).
Interest Coverage: DGL earns more interest than it pays, so coverage of interest payments is not a concern.
Balance Sheet
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Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2023/06/25 15:37 |
| End of Day Share Price | 2023/03/28 00:00 |
| Earnings | 2023/03/31 |
| Annual Earnings | 2022/12/31 |
Data Sources
The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.
| Package | Data | Timeframe | Example US Source * |
|---|---|---|---|
| Company Financials | 10 years |
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| Analyst Consensus Estimates | +3 years |
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| Market Prices | 30 years |
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| Ownership | 10 years |
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| Management | 10 years |
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| Key Developments | 10 years |
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* example for US securities, for non-US equivalent regulatory forms and sources are used.
Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.
Analysis Model and Snowflake
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Industry and Sector Metrics
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Analyst Sources
Dynagas LNG Partners LP is covered by 14 analysts. 1 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.
| Analyst | Institution |
|---|---|
| Wilhelm Flinder | ABN AMRO Bank N.V. |
| Richard Gross | Barclays |
| Donald McLee | Berenberg |