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Dorian LPG LPG Capitalized Drydocking Costs

Capitalized Drydocking Costs at other companies

Genco Shipping & Trading logo
Genco Shipping & TradingGNK
$6.4M-43.9%
Genco Shipping & Trading logo
Genco Shipping & TradingGNK
$56.69M+55.2%
International Seaways, Inc. logo
International Seaways, Inc.INSW
$98.04M+10.7%
Tidewater logo
TidewaterTDW
$28.12M+1.1%
Tidewater logo
TidewaterTDW
$36.38M+47.6%
International Seaways, Inc. logo
International Seaways, Inc.INSW
$13.85M-18.0%

Other financials

Income statement

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Revenue$153.3M+102%
Operating income$83.9M+471%
Net income$81.0M+901%
EPS (diluted)$1.90+900%

Balance sheet

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Cash & equivalents$327.4M+3.3%
Total debt$709.1M-0.5%
Total equity$1.1B+8.9%
Total assets$1.9B+5.2%

Cash flow

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Operating cash flow$82.1M+63.7%
CapEx$254.1K
Free cash flow$81.9M+49.3%

Valuation

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Market cap$1.71B+52.9%
Enterprise value$2.09B+36.4%
P/E8.8×-3.6×
P/S3.6×+0.4×

Profitability

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Operating margin43.6%+11.8pp
Net margin40.2%+14.7pp
FCF margin43.5%-5.2pp

Returns & leverage

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Return on equity17.7%+9.0pp
Debt / equity0.6×-0.1×
Current ratio2.7×-0.9×

Where this comes from

Reported directly by Dorian LPG in its filing.

Tagged under the XBRL concept lpg:CapitalizedDrydockingCosts.

The official record: Dorian LPG’s 10-Q, filed August 4, 2025, on SEC EDGAR. View the filing →

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Questions, answered.

What is Dorian LPG's capitalized drydocking costs?
Dorian LPG (LPG) reported capitalized drydocking costs of $5.01M in Q2 2025.
How has Dorian LPG's capitalized drydocking costs changed year-over-year?
Dorian LPG's capitalized drydocking costs increased by 2321.5% year-over-year, from $206.72K to $5.01M.
What is the long-term trend for Dorian LPG's capitalized drydocking costs?
Over 2 years (2023 to 2025), Dorian LPG's capitalized drydocking costs has grown at a 245.6% compound annual growth rate (CAGR), from $234.29K to $2.8M.
What does capitalized drydocking costs mean?
Represents the cash expenditures deferred and capitalized for mandatory vessel drydocking and regulatory surveys required to maintain vessel classification and seaworthiness. These costs are amortized over the period until the next scheduled drydocking, reflecting the ongoing maintenance investment necessary for fleet operations. Monitoring this metric helps investors understand the timing and magnitude of periodic capital outlays required to sustain long-term asset utility.