Dorian LPG Ltd (LPG)
Return on assets (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 | ||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Net income (ttm) | US$ in thousands | 90,171 | 161,319 | 239,930 | 307,014 | 307,447 | 304,228 | 255,519 | 199,317 | 172,444 | 131,806 | 97,123 | 90,914 | 71,935 | 80,585 | 99,829 | 86,265 | 92,564 | 77,956 | 77,760 | 117,934 |
| 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 |
| ROA | 5.07% | 8.86% | 12.89% | 16.06% | 16.73% | 16.71% | 14.32% | 13.08% | 10.09% | 8.61% | 6.53% | 5.97% | 4.48% | 5.27% | 6.60% | 5.51% | 5.85% | 4.68% | 4.64% | 6.95% |
March 31, 2025 calculation
ROA = Net income (ttm) ÷ Total assets
= $90,171K ÷ $1,778,660K
= 5.07%
The return on assets (ROA) for Dorian LPG Ltd has shown fluctuating trends over the reporting periods. From June 30, 2020, to March 31, 2023, the ROA generally increased, reaching a peak of 16.73% on March 31, 2024. This upward trend indicates that the company was effectively utilizing its assets to generate profits during this period.
However, the ROA started to decline after reaching its peak in March 2024. From June 30, 2024, to March 31, 2025, the ROA decreased significantly to 5.07%. This decline suggests that either the company's profitability diminished or its asset utilization efficiency weakened during this period.
Overall, it is essential for stakeholders to closely monitor Dorian LPG Ltd's ROA to assess the company's ability to generate profits relative to its assets and to understand how effectively the company is managing its assets to create value for its shareholders.