LPG: Dorian Lpg Ltd Financial Statements
Balance sheet, income statement, and cash flow statements for Dorian Lpg Ltd (LPG).
$956.25M Market Cap.
LPG Market Cap. (MRY)
LPG Shares Outstanding (MRY)
LPG Assets (MRY)
Total Assets
$1.78B
Total Liabilities
$732.55M
Total Investments
$76.03K
LPG Income (MRY)
Revenue
$353.34M
Net Income
$90.17M
Operating Expense
$112.23M
LPG Cash Flow (MRY)
CF Operations
$173.01M
CF Investing
-$7.36M
CF Financing
-$131.29M
LPG Balance Sheet (MRY)
Metric | 2025 | 2024 | 2023 | 2022 |
---|---|---|---|---|
Total Assets | $1,778,660,280 (-3.21%) | $1,837,650,165 (7.53%) | $1,708,913,529 (6.32%) | $1,607,362,093 (1.63%) |
Assets Current | $382,356,404 (3.65%) | $368,881,771 (56.11%) | $236,298,985 (-23.25%) | $307,893,252 (100.79%) |
Assets Non-Current | $1,396,303,876 (-4.93%) | $1,468,768,394 (-0.26%) | $1,472,614,544 (13.32%) | $1,299,468,841 (-9.02%) |
Goodwill & Intangible Assets | $0 (0%) | $0 (0%) | $0 (0%) | $0 (0%) |
Shareholders Equity | $1,046,106,185 (2.21%) | $1,023,533,083 (17.13%) | $873,846,322 (-5.03%) | $920,151,415 (-2.82%) |
Property Plant & Equipment Net | $1,346,293,655 (-5.46%) | $1,424,118,229 (0.14%) | $1,422,156,216 (12.64%) | $1,262,604,337 (-9.48%) |
Cash & Equivalents | $316,877,584 (12.17%) | $282,507,971 (89.86%) | $148,797,232 (-37.15%) | $236,758,927 (179.70%) |
Accumulated Other Comprehensive Income | $0 (0%) | $0 (0%) | $0 (0%) | $0 (0%) |
Deferred Revenue | $679,257 (39.52%) | $486,868 (133.44%) | $208,558 (-74.38%) | $813,967 (-4.69%) |
Total Investments | $76,028 (-99.34%) | $11,606,737 (1.43%) | $11,443,256 (14573.29%) | $77,987 (-4.01%) |
Investments Current | $0 (0%) | $11,530,939 (0%) | $0 (0%) | $0 (0%) |
Investments Non-Current | $76,028 (0.30%) | $75,798 (-99.34%) | $11,443,256 (14573.29%) | $77,987 (-4.01%) |
Inventory | $2,508,684 (4.82%) | $2,393,379 (-9.42%) | $2,642,395 (16.59%) | $2,266,351 (12.90%) |
Trade & Non-Trade Receivables | $75,847,128 (-3.15%) | $78,312,509 (-19.47%) | $97,252,351 (23.99%) | $78,435,891 (-1.33%) |
Trade & Non-Trade Payables | $11,589,289 (13.70%) | $10,193,245 (-7.13%) | $10,976,169 (14.59%) | $9,578,564 (-3.72%) |
Accumulated Retained Earnings (Deficit) | $311,142,825 (-17.50%) | $377,135,886 (62.67%) | $231,843,562 (-17.42%) | $280,759,140 (-2.99%) |
Tax Assets | $0 (0%) | $0 (0%) | $0 (0%) | $0 (0%) |
Tax Liabilities | $0 (0%) | $0 (0%) | $0 (0%) | $0 (0%) |
Total Debt | $712,506,495 (-10.58%) | $796,809,978 (-2.30%) | $815,557,384 (21.57%) | $670,836,322 (10.13%) |
Debt Current | $89,312,981 (3.81%) | $86,034,437 (12.44%) | $76,518,231 (-4.53%) | $80,148,935 (30.51%) |
Debt Non-Current | $623,193,514 (-12.32%) | $710,775,541 (-3.82%) | $739,039,153 (25.12%) | $590,687,387 (7.84%) |
Total Liabilities | $732,554,095 (-10.02%) | $814,117,082 (-2.51%) | $835,067,207 (21.52%) | $687,210,678 (8.26%) |
Liabilities Current | $107,884,142 (5.96%) | $101,812,635 (7.63%) | $94,596,544 (-0.25%) | $94,837,094 (15.54%) |
Liabilities Non-Current | $624,669,953 (-12.30%) | $712,304,447 (-3.80%) | $740,470,663 (25.00%) | $592,373,584 (7.18%) |
LPG Income Statement (MRY)
Metric | 2025 | 2024 | 2023 | 2022 |
---|---|---|---|---|
Revenues | $353,341,476 (-36.98%) | $560,717,436 (43.87%) | $389,749,215 (42.13%) | $274,221,448 (-13.20%) |
Cost of Revenue | $131,052,826 (3.35%) | $126,809,256 (28.99%) | $98,307,935 (3.71%) | $94,794,568 (-4.98%) |
Selling General & Administrative Expense | $42,626,351 (9.29%) | $39,004,183 (21.56%) | $32,086,382 (6.15%) | $30,226,739 (-10.81%) |
Research & Development Expense | $0 (0%) | $0 (0%) | $0 (0%) | $0 (0%) |
Operating Expenses | $112,225,944 (4.23%) | $107,670,236 (12.76%) | $95,482,513 (6.80%) | $89,401,957 (-12.65%) |
Interest Expense | $35,812,923 (-11.53%) | $40,480,428 (7.08%) | $37,803,787 (39.67%) | $27,067,395 (-1.92%) |
Income Tax Expense | $0 (0%) | $0 (0%) | $0 (0%) | $0 (0%) |
Net Loss Income from Discontinued Operations | $0 (0%) | $0 (0%) | $0 (0%) | $0 (0%) |
Consolidated Income | $90,170,480 (-70.67%) | $307,446,913 (78.29%) | $172,443,930 (139.72%) | $71,935,018 (-22.29%) |
Net Income to Non-Controlling Interests | $0 (0%) | $0 (0%) | $0 (0%) | $0 (0%) |
Net Income | $90,170,480 (-70.67%) | $307,446,913 (78.29%) | $172,443,930 (139.72%) | $71,935,018 (-22.29%) |
Preferred Dividends Income Statement Impact | $0 (0%) | $0 (0%) | $0 (0%) | $0 (0%) |
Net Income Common Stock | $90,170,480 (-70.67%) | $307,446,913 (78.29%) | $172,443,930 (139.72%) | $71,935,018 (-22.29%) |
Weighted Average Shares | $42,134,482 (4.62%) | $40,275,350 (0.62%) | $40,026,313 (-0.44%) | $40,203,937 (-19.15%) |
Weighted Average Shares Diluted | $42,232,353 (4.40%) | $40,450,567 (0.59%) | $40,211,642 (-0.38%) | $40,365,088 (-18.99%) |
Earning Before Interest & Taxes (EBIT) | $125,983,403 (-63.79%) | $347,927,341 (65.48%) | $210,247,717 (112.37%) | $99,002,413 (-17.61%) |
Gross Profit | $222,288,650 (-48.77%) | $433,908,180 (48.88%) | $291,441,280 (62.43%) | $179,426,880 (-17.00%) |
Operating Income | $110,062,706 (-66.26%) | $326,237,944 (66.48%) | $195,958,767 (117.67%) | $90,024,923 (-20.91%) |
LPG Cash Flow Statement (MRY)
Metric | 2025 | 2024 | 2023 | 2022 |
---|---|---|---|---|
Net Cash Flow from Investing | -$7,362,396 (78.84%) | -$34,801,539 (54.41%) | -$76,341,190 (-211.02%) | $68,766,198 (6634.59%) |
Net Cash Flow from Financing | -$131,288,727 (40.25%) | -$219,719,362 (6.59%) | -$235,232,008 (-568.68%) | -$35,178,821 (79.84%) |
Net Cash Flow from Operations | $173,013,491 (-55.46%) | $388,446,808 (73.37%) | $224,059,836 (88.77%) | $118,695,170 (-30.42%) |
Net Cash Flow / Change in Cash & Cash Equivalents | $34,369,843 (-74.30%) | $133,710,119 (252.01%) | -$87,963,264 (-157.83%) | $152,109,715 (5814.27%) |
Net Cash Flow - Business Acquisitions and Disposals | $0 (0%) | $0 (0%) | $0 (0%) | $0 (0%) |
Net Cash Flow - Investment Acquisitions and Disposals | $11,586,408 (694.65%) | -$1,948,446 (74.21%) | -$7,556,341 (-606.54%) | $1,491,748 (-85.84%) |
Capital Expenditure | -$18,948,804 (42.32%) | -$32,853,093 (52.24%) | -$68,784,849 (-202.25%) | $67,274,450 (807.37%) |
Issuance (Repayment) of Debt Securities | -$53,033,315 (0.15%) | -$53,110,676 (-722.40%) | -$6,458,012 (-109.51%) | $67,932,463 (254.25%) |
Issuance (Purchase) of Equity Shares | $82,733,282 (2199.62%) | -$3,940,401 (-135.97%) | -$1,669,902 (92.18%) | -$21,364,822 (83.08%) |
Payment of Dividends & Other Cash Distributions | -$156,398,056 (3.61%) | -$162,260,785 (26.44%) | -$220,597,827 (-175.46%) | -$80,082,210 (0%) |
Effect of Exchange Rate Changes on Cash | $7,475 (103.46%) | -$215,788 (52.04%) | -$449,902 (-160.31%) | -$172,832 (-184.00%) |
Share Based Compensation | $10,423,520 (25.06%) | $8,334,838 (94.72%) | $4,280,387 (28.45%) | $3,332,279 (-0.71%) |
Depreciation Amortization & Accretion | $102,086,620 (4.40%) | $97,782,728 (31.67%) | $74,262,626 (-2.30%) | $76,008,937 (-2.15%) |
LPG Financial Metrics (MRY)
Metric | 2025 | 2024 | 2023 | 2022 |
---|---|---|---|---|
Gross Margin | 62.90% (-18.73%) | 77.40% (3.48%) | 74.80% (14.37%) | 65.40% (-4.39%) |
Profit Margin | 25.50% (-53.47%) | 54.80% (23.98%) | 44.20% (68.70%) | 26.20% (-10.58%) |
EBITDA Margin | 64.50% (-18.87%) | 79.50% (8.90%) | 73.00% (14.42%) | 63.80% (1.92%) |
Return on Average Equity (ROAE) | 8.30% (-74.22%) | 32.20% (57.84%) | 20.40% (161.54%) | 7.80% (-17.02%) |
Return on Average Assets (ROAA) | 4.90% (-71.51%) | 17.20% (56.36%) | 11.00% (139.13%) | 4.60% (-17.86%) |
Return on Sales (ROS) | 35.70% (-42.51%) | 62.10% (15.21%) | 53.90% (49.31%) | 36.10% (-5.00%) |
Return on Invested Capital (ROIC) | 5.90% (-61.18%) | 15.20% (47.57%) | 10.30% (101.96%) | 5.10% (-12.07%) |
Dividend Yield | 16.60% (59.62%) | 10.40% (-62.32%) | 27.60% (100.00%) | 13.80% (0%) |
Price to Earnings Ratio (P/E) | 10.44 (107.08%) | 5.04 (8.97%) | 4.63 (-42.85%) | 8.1 (14.68%) |
Price to Sales Ratio (P/S) | 2.66 (-3.58%) | 2.76 (34.91%) | 2.05 (-3.58%) | 2.12 (2.76%) |
Price to Book Ratio (P/B) | 0.91 (-40.07%) | 1.52 (65.58%) | 0.92 (45.73%) | 0.63 (-8.67%) |
Debt to Equity Ratio (D/E) | 0.7 (-11.95%) | 0.8 (-16.84%) | 0.96 (27.98%) | 0.75 (11.49%) |
Earnings Per Share (EPS) | 2.14 (-71.95%) | 7.63 (77.03%) | 4.31 (140.78%) | 1.79 (-3.76%) |
Sales Per Share (SPS) | 8.39 (-39.76%) | 13.92 (42.98%) | 9.74 (42.75%) | 6.82 (7.37%) |
Free Cash Flow Per Share (FCFPS) | 3.66 (-58.59%) | 8.83 (127.61%) | 3.88 (-16.15%) | 4.63 (42.82%) |
Book Value Per Share (BVPS) | 24.83 (-2.30%) | 25.41 (16.40%) | 21.83 (-4.61%) | 22.89 (20.20%) |
Tangible Assets Book Value Per Share (TABVPS) | 42.21 (-7.48%) | 45.63 (6.87%) | 42.7 (6.79%) | 39.98 (25.71%) |
Enterprise Value Over EBIT (EV/EBIT) | 11 (83.33%) | 6 (0.00%) | 6 (-45.45%) | 11 (10.00%) |
Enterprise Value Over EBITDA (EV/EBITDA) | 6.03 (23.82%) | 4.87 (3.18%) | 4.72 (-21.52%) | 6.01 (3.89%) |
Asset Turnover | 0.19 (-38.85%) | 0.31 (26.10%) | 0.25 (40.68%) | 0.18 (-7.33%) |
Current Ratio | 3.54 (-2.18%) | 3.62 (45.04%) | 2.5 (-23.07%) | 3.25 (73.82%) |
Dividends | $3.7 (-7.50%) | $4 (-27.27%) | $5.5 (175.00%) | $2 (0%) |
Free Cash Flow (FCF) | $154,064,687 (-56.67%) | $355,593,715 (129.01%) | $155,274,987 (-16.51%) | $185,969,620 (15.45%) |
Enterprise Value (EV) | $1,375,231,356 (-36.64%) | $2,170,439,794 (61.61%) | $1,342,996,461 (27.59%) | $1,052,580,964 (-8.10%) |
Earnings Before Tax (EBT) | $90,170,480 (-70.67%) | $307,446,913 (78.29%) | $172,443,930 (139.72%) | $71,935,018 (-22.29%) |
Earnings Before Interest Taxes & Depreciation Amortization (EBITDA) | $228,070,023 (-48.83%) | $445,710,069 (56.66%) | $284,510,343 (62.57%) | $175,011,350 (-11.54%) |
Invested Capital | $2,066,405,049 (-8.17%) | $2,250,139,537 (-1.36%) | $2,281,077,137 (17.18%) | $1,946,602,394 (-3.83%) |
Working Capital | $274,472,262 (2.77%) | $267,069,136 (88.47%) | $141,702,441 (-33.49%) | $213,056,158 (198.97%) |
Tangible Asset Value | $1,778,660,280 (-3.21%) | $1,837,650,165 (7.53%) | $1,708,913,529 (6.32%) | $1,607,362,093 (1.63%) |
Market Capitalization | $956,252,061 (-38.75%) | $1,561,209,818 (94.04%) | $804,589,668 (38.34%) | $581,613,472 (-11.21%) |
Average Equity | $1,080,682,436 (13.26%) | $954,127,331 (12.88%) | $845,223,099 (-8.37%) | $922,460,036 (-6.40%) |
Average Assets | $1,842,938,016 (3.16%) | $1,786,422,480 (14.31%) | $1,562,808,351 (0.63%) | $1,552,948,222 (-6.13%) |
Invested Capital Average | $2,149,143,216 (-6.06%) | $2,287,731,116 (12.31%) | $2,037,030,501 (5.41%) | $1,932,432,314 (-7.16%) |
Shares | 42,804,479 (5.45%) | 40,593,079 (0.60%) | 40,350,535 (0.53%) | 40,138,956 (-19.54%) |