DorianG Balance Sheet Health
Financial Health criteria checks 5/6
DorianG has a total shareholder equity of $1.0B and total debt of $605.1M, which brings its debt-to-equity ratio to 59.1%. Its total assets and total liabilities are $1.8B and $814.1M respectively. DorianG's EBIT is $328.8M making its interest coverage ratio 14.8. It has cash and short-term investments of $299.2M.
Key information
59.1%
Debt to equity ratio
US$605.09m
Debt
| Interest coverage ratio | 14.8x |
| Cash | US$299.18m |
| Equity | US$1.02b |
| Total liabilities | US$814.12m |
| Total assets | US$1.84b |
Recent financial health updates
DorianG (NYSE:LPG) Could Easily Take On More Debt
Jan 28
Does DorianG (NYSE:LPG) Have A Healthy Balance Sheet?
Sep 02DorianG (NYSE:LPG) Has A Pretty Healthy Balance Sheet
May 08Recent updates
Dorian LPG: Upgrading To The Next Chapter Of Growth
Jun 24Shareholders Can Be Confident That DorianG's (NYSE:LPG) Earnings Are High Quality
Jun 05Analysts Have Lowered Expectations For Dorian LPG Ltd. (NYSE:LPG) After Its Latest Results
Jun 01Earnings Working Against Dorian LPG Ltd.'s (NYSE:LPG) Share Price
May 24DorianG (NYSE:LPG) Has Announced A Dividend Of $1.00
Apr 28Here's Why DorianG (NYSE:LPG) Has Caught The Eye Of Investors
Apr 18An Intrinsic Calculation For Dorian LPG Ltd. (NYSE:LPG) Suggests It's 23% Undervalued
Apr 02Dorian LPG: Inelastic Supply Side And High Order Book As Constrains; Rating Unchanged
Mar 31Dorian LPG: Strong Market, But Some Risks Remain
Feb 22DorianG (NYSE:LPG) Could Easily Take On More Debt
Jan 28Dorian LPG: They Know How To Navigate The Market
Jan 20Dorian LPG Ltd.'s (NYSE:LPG) Shares Lagging The Market But So Is The Business
Jan 15Dorian LPG: Top Energy Stock Poised To Continue Soaring In 2024
Jan 04Calculating The Fair Value Of Dorian LPG Ltd. (NYSE:LPG)
Dec 19Here's Why We Think DorianG (NYSE:LPG) Is Well Worth Watching
Nov 22Dorian LPG: Rates At Historic Highs, But China Could Become An Issue
Nov 21DorianG (NYSE:LPG) Might Have The Makings Of A Multi-Bagger
Oct 26News Flash: Analysts Just Made A Captivating Upgrade To Their Dorian LPG Ltd. (NYSE:LPG) Forecasts
Oct 05Dorian LPG: Scrubber-Focused Fleet Loses Out On Narrowing Scrubber Spread
Sep 13Does DorianG (NYSE:LPG) Have A Healthy Balance Sheet?
Sep 02Dorian LPG: A Fully Covered 16% Yield At Current VLGC Rates
Jul 15Returns On Capital Are Showing Encouraging Signs At DorianG (NYSE:LPG)
Jul 02We Ran A Stock Scan For Earnings Growth And DorianG (NYSE:LPG) Passed With Ease
May 20DorianG (NYSE:LPG) Has A Pretty Healthy Balance Sheet
May 08Dorian LPG: Fear Not The Warm Winter
Feb 15Broker Revenue Forecasts For Dorian LPG Ltd. (NYSE:LPG) Are Surging Higher
Feb 03Dorian LPG Q3 2023 Earnings Preview
Jan 31Calculating The Intrinsic Value Of Dorian LPG Ltd. (NYSE:LPG)
Jan 31Financial Position Analysis
Short Term Liabilities: LPG's short term assets ($368.9M) exceed its short term liabilities ($101.8M).
Long Term Liabilities: LPG's short term assets ($368.9M) do not cover its long term liabilities ($712.3M).
Debt to Equity History and Analysis
Debt Level: LPG's net debt to equity ratio (29.9%) is considered satisfactory.
Reducing Debt: LPG's debt to equity ratio has reduced from 76.3% to 59.1% over the past 5 years.
Debt Coverage: LPG's debt is well covered by operating cash flow (64.2%).
Interest Coverage: LPG's interest payments on its debt are well covered by EBIT (14.8x coverage).