Dorian LPG Ltd (LPG)
Return on assets (ROA)
| Mar 31, 2025 | Mar 31, 2024 | Mar 31, 2023 | Mar 31, 2022 | Mar 31, 2021 | ||
|---|---|---|---|---|---|---|
| Net income | US$ in thousands | — | 307,447 | 172,444 | 71,935 | 92,565 |
| Total assets | US$ in thousands | — | 1,837,650 | 1,607,360 | 1,581,620 | 1,671,960 |
| ROA | — | 16.73% | 10.73% | 4.55% | 5.54% |
March 31, 2025 calculation
ROA = Net income ÷ Total assets
= $—K ÷ $—K
= —
Based on the provided data for Dorian LPG Ltd, the Return on Assets (ROA) has exhibited fluctuations over the years.
- As of March 31, 2021, the ROA was 5.54%. This indicates that the company generated a return of 5.54% on its assets during that period.
- By March 31, 2022, the ROA had decreased to 4.55%, suggesting a slightly lower return on assets compared to the previous year.
- The ROA significantly improved on March 31, 2023, reaching 10.73%. This sharp increase indicates that the company was able to generate a higher return on its assets during that period.
- Subsequently, the ROA further improved to 16.73% by March 31, 2024, reflecting a substantial increase in the company's ability to generate returns from its assets.
- Unfortunately, the data for March 31, 2025 is not available (denoted by "\u2014"), thus limiting the analysis for that year.
Overall, the trend shows some variability in the company's ability to generate returns on its assets, with significant improvements in certain years. The company's performance in terms of ROA warrants further examination to understand the factors driving these fluctuations and to assess the company's overall asset utilization and profitability.