← DORIAN LPG LTD.
| Annual Trend | FY 2017 | FY 2018 | FY 2019 | FY 2020 | FY 2021 | FY 2022 | FY 2023 | FY 2024 | FY 2025 | FY 2026 | TTM | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Cash flows from operating activities: | ||||||||||||
| Adjustments to reconcile net income to net cash provided by operating activities: | ||||||||||||
| Net Income (Loss), Including Portion Attributable to Noncontrolling Interest | ($1.4m) | ($20.4m) | ($50.9m) | $111.8m | $92.6m | $71.9m | $172.4m | $307.4m | $90.2m | $193.7m | — | |
| Depreciation, Depletion and Amortization | $65.1m | $65.3m | $65.2m | $66.3m | $68.5m | $66.4m | $63.4m | $68.7m | $69.6m | $71.7m | $71.0m | |
| Amortization of Debt Issuance Costs | $3.7m | $7.5m | $3.1m | $2.9m | $4.7m | $5.9m | $5.6m | $1.2m | $1.2m | $1.1m | — | |
| Depreciation Amortization Depletion | — | — | — | — | — | — | $63.4m | $68.7m | $69.6m | $71.7m | $71.0m | |
| Share-based Payment Arrangement, Noncash Expense | $4.4m | $5.1m | $5.5m | $3.2m | $3.4m | $3.3m | $4.3m | $8.3m | $10.4m | $11.0m | $11.3m | |
| Share-based Payment Arrangement, Expense | — | — | — | — | — | — | — | — | — | $11.0m | $11.3m | |
| Nonoperating Income (Expense) | ($15.4m) | ($24.2m) | ($43.0m) | ($49.2m) | ($23.5m) | ($20.5m) | ($25.9m) | ($21.4m) | ($22.5m) | ($16.5m) | — | |
| Other Nonoperating Income (Expense) | — | — | ($62k) | $826k | $1.0m | ($1.4m) | $1.5m | — | — | — | — | |
| Changes in operating assets and liabilities: | ||||||||||||
| Change In Working Capital | — | — | — | — | — | — | ($24.9m) | ($15.6m) | ($29.0m) | ($91.0m) | ($164.2m) | |
| Increase (Decrease) in Accounts Receivable | ($96k) | $325k | $1.0m | ($563k) | ($619k) | $651k | $2.4m | $926k | $1.1m | $7.5m | ($121.2m) | |
| Change In Receivables | — | — | — | — | — | — | ($19.1m) | $15.4m | $2.1m | ($56.4m) | ($121.2m) | |
| Changes In Account Receivables | — | — | — | — | — | — | ($2.7m) | ($926k) | ($1.1m) | ($7.5m) | ($121.2m) | |
| Increase (Decrease) in Inventories | $293k | ($568k) | $99k | ($115k) | $11k | $259k | $376k | — | — | — | — | |
| Change In Inventory | — | — | — | — | — | ($259k) | ($376k) | — | — | — | — | |
| Increase (Decrease) in Accounts Payable | $744k | ($562k) | $794k | $1.5m | $212k | ($115k) | $592k | ($1.3m) | ($35k) | ($1.1m) | ($541k) | |
| Change In Payables And Accrued Expense | — | — | — | — | — | — | $3.2m | ($2.8m) | $1.4m | $5.9m | ($541k) | |
| Change In Accrued Expense | — | — | — | — | — | — | $2.5m | ($1.3m) | $1.4m | $7.0m | $1.1m | |
| Change In Other Current Assets | — | — | — | — | — | ($552k) | $166k | — | — | — | — | |
| Change In Other Current Liabilities | — | — | — | — | — | — | ($9.1m) | ($28.2m) | ($32.5m) | ($40.4m) | ($43.8m) | |
| Net Cash Provided by (Used in) Operating Activities | $52.1m |
$57.2m
+9.88%
|
$8.9m
-84.48%
|
$169.0m
+1802.83%
|
$170.6m
+0.92%
|
$118.7m
-30.42%
|
$224.1m
+88.77%
|
$388.4m
+73.37%
|
$173.0m
-55.46%
|
$210.1m
+21.46%
|
$239.8m
+14.11%
|
|
| Cash flows from investing activities: | ||||||||||||
| Gain (Loss) on Disposition of Property Plant Equipment | — | — | — | — | — | $7.3m | — | — | — | — | ($30.9m) | |
| Payments to Acquire Property, Plant, and Equipment | $1.9m | $298k | $4.0m | $19.9m | $9.5m | $23.2m | $68.8m | ($32.9m) | ($18.9m) | ($93.8m) | ($91.0m) | |
| Marketable Securities, Unrealized Gain (Loss) | — | — | — | — | $1.3m | ($1.6m) | $1.4m | — | — | — | — | |
| Proceeds from Maturities, Prepayments and Calls of Debt Securities, Available-for-sale | — | — | — | — | — | — | — | — | $11.8m | — | — | |
| Net Cash Provided by (Used in) Investing Activities | — | $24.6m | ($4.5m) | ($33.1m) | $1.0m | $68.8m | ($76.3m) | ($34.8m) | ($7.4m) | ($93.8m) | ($10.2m) | |
| Cash flows from financing activities: | ||||||||||||
| Gain (Loss) on Extinguishment of Debt | — | $4.1m | — | — | — | — | — | — | — | — | — | |
| Repayments of Long-term Debt | $66.3m | $252.0m | $130.2m | $64.0m | $99.4m | $230.3m | $352.5m | $53.1m | $53.0m | $54.5m | ($93.9m) | |
| Proceeds from Issuance of Long-term Debt | — | $261.0m | $65.1m | — | $55.4m | $298.2m | $346.0m | — | — | $62.9m | $62.9m | |
| Issuance Of Debt | — | — | — | — | — | — | $346.0m | $0 | $0 | $62.9m | $62.9m | |
| Long Term Debt Issuance | — | — | — | — | — | — | $346.0m | $0 | $0 | $62.9m | $62.9m | |
| Long Term Debt Payments | — | — | — | — | — | — | ($352.5m) | ($53.1m) | ($53.0m) | ($54.5m) | ($93.9m) | |
| Net Issuance Payments Of Debt | — | — | — | — | — | — | ($6.5m) | ($53.1m) | ($53.0m) | $8.4m | ($31.0m) | |
| Net Long Term Debt Issuance | — | — | — | — | — | — | ($6.5m) | ($53.1m) | ($53.0m) | $8.4m | ($31.0m) | |
| Repayment Of Debt | — | — | — | — | — | — | ($352.5m) | ($53.1m) | ($53.0m) | ($54.5m) | ($93.9m) | |
| Payments for Repurchase of Common Stock | $13.0m | $1.2m | $1.3m | $50.6m | $126.3m | $21.4m | $1.7m | $3.9m | $6.3m | $7.0m | — | |
| Proceeds from Issuance of Common Stock | — | — | — | — | — | — | — | — | $89.0m | — | $0 | |
| Common Stock Dividend Paid | — | — | — | — | — | ($80.1m) | ($220.6m) | — | — | — | — | |
| Common Stock Issuance | — | — | — | — | — | — | $0 | $0 | $89.0m | $0 | $0 | |
| Common Stock Payments | — | — | — | — | — | — | ($1.7m) | ($3.9m) | ($6.3m) | ($7.0m) | ($5.2m) | |
| Issuance Of Capital Stock | — | — | — | — | — | — | $0 | $0 | $89.0m | $0 | $0 | |
| Net Common Stock Issuance | — | — | — | — | — | — | ($1.7m) | ($3.9m) | $82.7m | ($7.0m) | ($5.2m) | |
| Repurchase Of Capital Stock | — | — | — | — | — | — | ($1.7m) | ($3.9m) | ($6.3m) | ($7.0m) | ($5.2m) | |
| Dividends paid | — | — | — | — | — | $80.1m | $220.6m | $162.3m | $156.4m | $105.0m | ($126.3m) | |
| Dividends Payable, Current | — | — | — | — | — | $494k | $1.3m | $1.1m | $915k | $700k | — | |
| Cash Dividends Paid | — | — | — | — | — | — | ($220.6m) | ($162.3m) | ($156.4m) | ($105.0m) | ($126.3m) | |
| Net Other Financing Charges | — | — | — | — | — | — | ($6.5m) | ($408k) | ($4.6m) | ($2.3m) | ($2.3m) | |
| Net Cash Provided by (Used in) Financing Activities | — | $4.7m |
($67.0m)
-1534.30%
|
($114.7m)
-71.11%
|
($174.5m)
-52.19%
|
($35.2m)
+79.84%
|
($235.2m)
-568.68%
|
($219.7m)
+6.59%
|
($131.3m)
+40.25%
|
($105.9m)
+19.34%
|
($165.1m)
-55.93%
|
|
| Cash, Cash Equivalents, Restricted Cash and Restricted Cash Equivalents, Period Increase (Decrease), Including Exchange Rate Effect | — | — | ($62.9m) | $20.9m | ($2.7m) | $152.1m | ($88.0m) | $133.7m | $34.4m | $10.5m | $342.4m | |
| Beginning Cash Position | — | — | — | — | — | — | $236.8m | $148.9m | $282.6m | $317.0m | $278.0m | |
| Cash, Cash Equivalents, Restricted Cash and Restricted Cash Equivalents | — | — | $66.5m | $87.4m | $84.7m | $236.8m | $148.9m | $282.6m | $317.0m | $327.5m | $342.4m | |
| Effect of Exchange Rate on Cash, Cash Equivalents, Restricted Cash and Restricted Cash Equivalents | — | — | ($253k) | ($323k) | $206k | ($173k) | ($450k) | ($216k) | $7k | $136k | ($212k) | |
| Effect Of Exchange Rate Changes | — | — | — | — | — | — | ($450k) | ($216k) | $7k | $136k | ($212k) | |
| Additional Supplementary Disclosures | ||||||||||||
| Additional Supplementary Disclosures | ||||||||||||
| Supplemental disclosure of cash flow information: | ||||||||||||
| Interest Paid, Excluding Capitalized Interest, Operating Activities | $24.5m | $28.0m | $36.9m | $32.5m | $21.8m | $20.6m | $31.1m | $37.9m | $32.8m | $27.0m | — | |
| Additional Financial Items | ||||||||||||
| Foreign Currency Transaction Gain (Loss), before Tax | ($295k) | ($234k) | — | — | — | — | — | — | — | — | — | |
| Foreign Currency Transaction Gain (Loss), Unrealized | ($222k) | $64k | ($304k) | ($312k) | $210k | ($167k) | ($921k) | ($285k) | $18k | $121k | — | |
| Gain (Loss) on Derivative Instruments, Net, Pretax | $27.5m | — | — | — | — | — | — | — | — | — | — | |
| Gain (Loss) on Sale of Derivatives | — | — | — | — | — | — | — | $7.5m | $5.3m | $1.8m | — | |
| General and Administrative Expense | $21.7m | $26.2m | $24.4m | $23.4m | $33.9m | $30.2m | $32.1m | $39.0m | $42.6m | $53.0m | — | |
| Investment Income, Interest | $138k | $440k | $1.8m | $1.5m | $421k | $347k | $3.8m | — | — | — | — | |
| Operating Lease, Expense | — | — | — | $542k | $558k | $624k | $570k | — | — | — | — | |
| Operating Lease, Lease Income | — | — | — | — | — | $19.2m | $38.6m | — | — | — | — | |
| Payments of Financing Costs | $100k | $3.1m | $628k | $41k | $4.2m | $1.7m | $6.5m | $408k | — | $2.3m | — | |
| Unrealized Gain (Loss) on Derivatives | $27.5m | $8.4m | ($7.8m) | ($18.2m) | $7.2m | $11.1m | $2.8m | $6k | ($5.8m) | ($1.2m) | — | |
| Cash Flow From Continuing Financing Activities | — | — | — | — | — | — | ($235.2m) | ($219.7m) | ($131.3m) | ($105.9m) | ($165.1m) | |
| Cash Flow From Continuing Investing Activities | — | — | — | — | — | — | ($76.3m) | ($34.8m) | ($7.4m) | ($93.8m) | ($10.2m) | |
| Change In Account Payable | — | — | — | — | — | — | $592k | ($1.3m) | ($35k) | ($1.1m) | ($541k) | |
| Change In Cash Supplemental As Reported | — | — | — | — | — | — | ($88.0m) | $133.7m | $34.4m | $10.5m | — | |
| Change In Payable | — | — | — | — | — | — | $723k | ($1.4m) | ($3k) | ($1.1m) | ($541k) | |
| Change In Prepaid Assets | — | — | — | — | — | ($2.6m) | ($54k) | — | — | — | — | |
| Changes In Cash | — | — | — | — | — | — | ($87.5m) | $133.9m | $34.4m | $10.4m | $64.4m | |
| End Cash Position | — | — | — | — | — | — | $148.9m | $282.6m | $317.0m | $327.5m | $342.4m | |
| Financing Cash Flow | — | — | — | — | — | — | ($235.2m) |
($219.7m)
+6.59%
|
($131.3m)
+40.25%
|
($105.9m)
+19.34%
|
($165.1m)
-55.93%
|
|
| Free Cash Flow | — | — | — | — | — | — | $155.3m | $355.6m | $154.1m | $116.3m | $148.8m | |
| Gain Loss On Investment Securities | — | — | — | — | — | — | ($2.8m) | ($6k) | $5.8m | $1.2m | ($957k) | |
| Gain Loss On Sale Of PPE | — | — | — | — | — | ($7.3m) | $0 | $0 | — | — | — | |
| Investing Cash Flow | — | — | — | — | — | — | ($76.3m) | ($34.8m) | ($7.4m) | ($93.8m) | ($10.2m) | |
| Net Foreign Currency Exchange Gain Loss | — | — | — | — | — | — | $921k | $285k | ($18k) | ($121k) | $187k | |
| Net Investment Purchase And Sale | — | — | — | — | — | — | ($7.6m) | ($1.9m) | $11.6m | $0 | $0 | |
| Net PPE Purchase And Sale | — | — | — | — | — | — | ($68.8m) | ($32.9m) | ($18.9m) | ($93.8m) | ($10.2m) | |
| Operating Gains Losses | — | — | — | — | — | — | ($1.8m) | $280k | $5.8m | $1.0m | ($30.9m) | |
| Other Non Cash Items | — | — | — | — | — | — | $10.7m | $19.3m | $26.0m | $23.7m | — | |
| Purchase Of Investment | — | — | — | — | — | — | ($11.3m) | ($6.0m) | ($214k) | $0 | $0 | |
| Purchase Of PPE | $1.9m | $298k | $4.0m | $19.9m | $9.5m | $23.2m | ($68.8m) | ($32.9m) | ($18.9m) | ($93.8m) | ($91.0m) | |
| Sale Of Investment | — | — | — | — | — | — | $3.7m | $4.0m | $11.8m | $0 | $0 | |
| Sale Of PPE | — | — | — | — | — | $90.5m | $0 | $0 | — | — | — | |
| Stock Based Compensation | — | — | — | — | — | — | $4.3m | $8.3m | $10.4m | $11.0m | $11.3m |