Dorian LPG Ltd (LPG)
Operating return on assets (Operating ROA)
| Mar 31, 2025 | Dec 31, 2024 | Sep 30, 2024 | Jun 30, 2024 | Mar 31, 2024 | Dec 31, 2023 | Sep 30, 2023 | Jun 30, 2023 | Mar 31, 2023 | Dec 31, 2022 | Sep 30, 2022 | Jun 30, 2022 | Mar 31, 2022 | Dec 31, 2021 | Sep 30, 2021 | Jun 30, 2021 | Mar 31, 2021 | Dec 31, 2020 | Sep 30, 2020 | Jun 30, 2020 | ||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Operating income (ttm) | US$ in thousands | 112,645 | 180,332 | 267,290 | 328,682 | 328,830 | 330,233 | 277,386 | 225,036 | 198,361 | 152,056 | 117,113 | 108,090 | 92,399 | 101,213 | 120,538 | 106,837 | 116,101 | 119,581 | 119,464 | 163,316 |
| Total assets | US$ in thousands | 1,778,660 | 1,820,060 | 1,861,240 | 1,911,790 | 1,837,650 | 1,820,340 | 1,784,020 | 1,523,450 | 1,708,910 | 1,530,410 | 1,488,460 | 1,523,450 | 1,607,360 | 1,528,240 | 1,511,600 | 1,564,590 | 1,581,620 | 1,665,040 | 1,674,100 | 1,696,940 |
| Operating ROA | 6.33% | 9.91% | 14.36% | 17.19% | 17.89% | 18.14% | 15.55% | 14.77% | 11.61% | 9.94% | 7.87% | 7.10% | 5.75% | 6.62% | 7.97% | 6.83% | 7.34% | 7.18% | 7.14% | 9.62% |
March 31, 2025 calculation
Operating ROA = Operating income (ttm) ÷ Total assets
= $112,645K ÷ $1,778,660K
= 6.33%
Dorian LPG Ltd's operating return on assets (operating ROA) has shown fluctuations over the past few quarters. As of March 31, 2025, the operating ROA stood at 6.33%, indicating that the company generated approximately $0.063 in operating income for every dollar of assets it has.
The operating ROA has trended downwards since the peak at 18.14% on December 31, 2023. This decline may suggest inefficiencies in asset utilization or a decrease in operating profitability relative to the size of the asset base.
It is worth noting that the operating ROA had experienced a steep increase from the March 31, 2023 quarter onwards, reaching a peak of 18.14% by December 31, 2023, before declining again.
Overall, a sustained analysis of Dorian LPG Ltd's operating ROA could provide insights into the company's operational efficiency, profitability, and effectiveness in managing its assets to generate income.