Dynagas LNG Partners LP

NYSE:DLNG Stock Report

Market Cap: US$194.9m

Dynagas LNG Partners Balance Sheet Health

Financial Health criteria checks 2/6

Dynagas LNG Partners has a total shareholder equity of $476.0M and total debt of $331.6M, which brings its debt-to-equity ratio to 69.7%. Its total assets and total liabilities are $840.7M and $436.2M respectively. Dynagas LNG Partners's EBIT is $75.7M making its interest coverage ratio 2.8. It has cash and short-term investments of $52.0M.

Key information

69.7%

Debt to equity ratio

US$331.62m

Debt

Interest coverage ratio2.8x
CashUS$52.02m
EquityUS$476.00m
Total liabilitiesUS$436.20m
Total assetsUS$840.71m

Recent financial health updates

No updates

Recent updates

Dynagas LNG Partners Thesis Revisited After Nearly 2 Years

Jun 30

Dynagas LNG Partners: The Floating Rate Preferred Shares Currently Yield About 11%

Apr 14

Dynagas LNG Partners: Parking Cash In The 9.4% Preferred Shares

Dec 11

Will Dynagas's Common Unitholders Ever Get Paid?

Jul 21

Dynagas LNG Partners LP Q3 2022 Earnings Preview

Dec 09

Dynagas LNG Partners: Becoming Less And Less Interesting To Me

Sep 20

Dynagas LNG Partners: With Less Power Comes Great Opportunity

Mar 04

Dynagas LNG: The 8.75% And 9% Preferred Shares Remain Very Attractive

Jan 01

DLNG: It Was Time To Say Goodbye, And Not "Good Buy"

Oct 08

Dynagas LNG: I Avoid The Common Units But Like The 9% Preferred Shares

Sep 04

Dynagas LNG Partners LP EPS beats by $0.02, beats on revenue

Jun 17

Dynagas LNG: Will The Preferred Units Still Be The Place To Be Invested In?

Jun 10

Dynagas LNG: Steady As She Goes

Dec 18

Dynagas LNG Partners LP 2020 Q3 - Results - Earnings Call Presentation

Nov 16

Dynagas: Unlocking Equity Value In Progress

Oct 29

Financial Position Analysis

Short Term Liabilities: DLNG's short term assets ($63.9M) do not cover its short term liabilities ($71.5M).

Long Term Liabilities: DLNG's short term assets ($63.9M) do not cover its long term liabilities ($364.7M).

Debt to Equity History and Analysis

Debt Level: DLNG's net debt to equity ratio (58.7%) is considered high.

Reducing Debt: DLNG's debt to equity ratio has reduced from 294% to 69.7% over the past 5 years.

Debt Coverage: DLNG's debt is well covered by operating cash flow (24.1%).

Interest Coverage: DLNG's interest payments on its debt are not well covered by EBIT (2.8x coverage).

Balance Sheet

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Company Analysis and Financial Data Status

DataLast Updated (UTC time)
Company Analysis2024/12/24 02:06
End of Day Share Price 2024/12/24 00:00
Earnings2024/09/30
Annual Earnings2023/12/31

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.

PackageDataTimeframeExample US Source *
Company Financials10 years
  • Income statement
  • Cash flow statement
  • Balance sheet
Analyst Consensus Estimates+3 years
  • Forecast financials
  • Analyst price targets
Market Prices30 years
  • Stock prices
  • Dividends, Splits and Actions
Ownership10 years
  • Top shareholders
  • Insider trading
Management10 years
  • Leadership team
  • Board of directors
Key Developments10 years
  • Company announcements

* 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

Details of the analysis model used to generate this report is available on our Github page, we also have guides on how to use our reports and tutorials on Youtube.

Learn about the world class team who designed and built the Simply Wall St analysis model.

Industry and Sector Metrics

Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on .

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.

AnalystInstitution
Wilhelm FlinderABN AMRO Bank N.V.
Richard GrossBarclays
Donald McLeeBerenberg