LPG (Dorian LPG) Cash And Cash Equivalents : $314.5 Mil (As of Dec. 2024)

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What is Dorian LPG Cash And Cash Equivalents?

Dorian LPG's quarterly cash and cash equivalents declined from Jun. 2024 ($353.29 Mil) to Sep. 2024 ($348.63 Mil) but then stayed the same from Sep. 2024 ($348.63 Mil) to Dec. 2024 ($314.53 Mil).

Dorian LPG's annual cash and cash equivalents declined from Mar. 2022 ($236.76 Mil) to Mar. 2023 ($148.80 Mil) but then increased from Mar. 2023 ($148.80 Mil) to Mar. 2024 ($282.51 Mil).

Dorian LPG Cash And Cash Equivalents Historical Data

The historical data trend for Dorian LPG's Cash And Cash Equivalents can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

* Premium members only.

Dorian LPG Cash And Cash Equivalents Chart

Dorian LPG Annual Data

Trend

Mar15

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Mar24

Cash And Cash Equivalents

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48.39

79.33

236.76

148.80

282.51

Dorian LPG Quarterly Data
	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24	Jun24	Sep24	Dec24
Cash And Cash Equivalents	Get a 7-Day Free Trial															208.46	282.51	353.29	348.63	314.53

Dorian LPG Cash And Cash Equivalents Calculation

Cash and cash equivalents are the most liquid assets on the balance sheet. Cash equivalents are assets that are readily convertible into cash, such as money market holdings, short-term government bonds or Treasury bills, marketable securities and commercial paper.

Dorian LPG (NYSE:LPG) Cash And Cash Equivalents Explanation

A high number means either:

1) The company has competitive advantage generating lots of cash

2) Just sold a business or bonds (not necessarily good)

A low stockpile of cash usually means poor to mediocre economics.

There are 3 ways to create large cash reserve.

1) Sell new bonds or equity to public

2) Sell business or asset

3) It has an ongoing business generating more cash than it burns (usually means durable competitive advantage)

When a company is suffering a short term problem, Buffett looks at cash or marketable securities to see whether it has the financial strength to ride it out.

Important: Lots of cash and marketable securities + little debt = good chance that the business will sail on through tough times.

Test to see what is creating cash by looking at past 7 yrs of balance sheets. This will reveal how the cash was created.

Be Aware

Depreciation estimates make the calculation of net income susceptible to management's accounting choices. These choices can be either overly aggressive or overly conservative.

Dorian LPG Cash And Cash Equivalents Related Terms

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Dorian LPG Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Energy » Oil & Gas » Dorian LPG Ltd (NYSE:LPG) » Definitions » Cash And Cash Equivalents

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Traded in Other Exchanges

0A8W:UK 0DA:Germany 0DA:Germany

Address

27 Signal Road, Stamford, CT, USA, 06902

Website

https://www.dorianlpg.com

Dorian LPG Ltd is an international liquefied petroleum gas shipping company focused on owning and operating gas carriers, or VLGCs. The company currently owns and operates around 22 modern VLGCs, including nineteen new fuel-efficient 84,000 cbm ECO-design VLGCs. Dorian LPG has offices in Connecticut, USA, London, United Kingdom, and Athens, Greece.

Executives

John C Hadjipateras	director, officer: Chief Executive Officer	C/O DORIAN LPG (USA) LLC, 27 SIGNAL ROAD, STAMFORD CT 06902
Oivind Lorentzen	director	C/O SEACOR SMIT, INC., 460 PARK AVENUE 12TH FLOOR, NEW YORK NY 10022
Alexander C. Hadjipateras	officer: EVP at Dorian LPG (USA) LLC	C/O DORIAN LPG (USA) LLC, 27 SIGNAL ROAD, STAMFORD CT 06902
Christina Tan	director	1453 FAIRFIELD BEACH ROAD, FAIRFIELD CT 06824
Theodore B. Young	officer: Chief Financial Officer	C/O DORIAN LPG (USA) LLC, 27 SIGNAL ROAD, STAMFORD CT 06902
Tim Truels Hansen	officer: Chief Commercial Officer	STRANDHOLMS ALLE 23, HVIDOVRE G7 2650
John Lycouris	director, officer: CEO of Dorian LPG (USA) LLC	C/O DORIAN LPG (USA) LLC, 27 SIGNAL ROAD, STAMFORD CT 06902
Thomas Jason Coleman	director	C/O KENSICO CAPITAL MANAGEMENT, 55 RAILROAD AVENUE, 2ND FLOOR, GREENWICH CT 06830
Marit Lunde	director	27 SIGNAL ROAD, STAMFORD CT 06902
Ted Kalborg	director	C/O TUFTON OCEANIC LIMITED, ALBEMARLE HOUSE, 1, ALBEMARLE STREET, LONDON X0 SW1 4HA
Bw Group Ltd	10 percent owner	MAPLETREE BUSINESS CITY, #18-01;, 10 PASIR PANJANG ROAD, SINGAPORE U0 117438
Bw Lpg Holding Ltd	other: Member of 10% owner group	C/O MAPLETREE BUSINESS CITY #17-02, 10 PASIR PANJANG ROAD, SINGAPORE U0 117438
Hna Investment Management Llc	10 percent owner	C/O HNA GROUP NORTH AMERICA LLC, 1180 AVENUE OF THE AMERICAS, SUITE 1910, NEW YORK NY 10036
Scorpio Tankers Inc.	10 percent owner	L'EXOTIQUE 99 BOULEVARD JARDIN EXOTIQUE, MONACO O9 98000
Family Foundation Sohmen	10 percent owner	HEILIGKREUZ 6, P O BOX 484, VADUZ N2 FL-9490