DorianG Balance Sheet Health
Financial Health criteria checks 5/6
DorianG has a total shareholder equity of $1.1B and total debt of $592.1M, which brings its debt-to-equity ratio to 52.9%. Its total assets and total liabilities are $1.9B and $791.9M respectively. DorianG's EBIT is $328.7M making its interest coverage ratio 14.4. It has cash and short-term investments of $368.8M.
Key information
52.9%
Debt to equity ratio
US$592.07m
Debt
| Interest coverage ratio | 14.4x |
| Cash | US$368.78m |
| Equity | US$1.12b |
| Total liabilities | US$791.93m |
| Total assets | US$1.91b |
Recent financial health updates
We Think DorianG (NYSE:LPG) Can Manage Its Debt With Ease
Aug 28
DorianG (NYSE:LPG) Could Easily Take On More Debt
Jan 28Does DorianG (NYSE:LPG) Have A Healthy Balance Sheet?
Sep 02DorianG (NYSE:LPG) Has A Pretty Healthy Balance Sheet
May 08Recent updates
We Think DorianG (NYSE:LPG) Can Manage Its Debt With Ease
Aug 28DorianG's (NYSE:LPG) Dividend Will Be $1.00
Jul 30Do DorianG's (NYSE:LPG) Earnings Warrant Your Attention?
Jul 27Dorian 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 08Financial Position Analysis
Short Term Liabilities: LPG's short term assets ($465.5M) exceed its short term liabilities ($101.2M).
Long Term Liabilities: LPG's short term assets ($465.5M) do not cover its long term liabilities ($690.7M).
Debt to Equity History and Analysis
Debt Level: LPG's net debt to equity ratio (19.9%) is considered satisfactory.
Reducing Debt: LPG's debt to equity ratio has reduced from 74.2% to 52.9% over the past 5 years.
Debt Coverage: LPG's debt is well covered by operating cash flow (61.9%).
Interest Coverage: LPG's interest payments on its debt are well covered by EBIT (14.4x coverage).