Dorian LPG Ltd (LPG)
Return on total capital
| Mar 31, 2025 | Mar 31, 2024 | Mar 31, 2023 | Mar 31, 2022 | Mar 31, 2021 | ||
|---|---|---|---|---|---|---|
| Earnings before interest and tax (EBIT) | US$ in thousands | — | 328,830 | 198,360 | 85,142 | 120,161 |
| Long-term debt | US$ in thousands | — | — | — | — | — |
| Total stockholders’ equity | US$ in thousands | — | 1,023,530 | 920,151 | 946,825 | 977,052 |
| Return on total capital | — | 32.13% | 21.56% | 8.99% | 12.30% |
March 31, 2025 calculation
Return on total capital = EBIT ÷ (Long-term debt + Total stockholders’ equity)
= $—K ÷ ($—K + $—K)
= —
Dorian LPG Ltd's return on total capital has demonstrated fluctuating trends over the past few years. In March 2021, the return on total capital was 12.30%, indicating a reasonable performance. This metric decreased to 8.99% by March 2022, suggesting a decline in the company's efficiency in generating returns from its total capital.
However, there was a significant improvement in March 2023, with the return on total capital jumping to 21.56%, reflecting better utilization of the company's total capital resources. This positive trend continued in March 2024, with a substantial increase to 32.13%, indicating a considerable enhancement in the company's profitability and efficiency.
The data for March 31, 2025, is not available (marked as “—”), making it challenging to assess the company's recent performance. Overall, the return on total capital for Dorian LPG Ltd has shown variability, with notable improvements in recent years, reflecting changes in the company's operational effectiveness and ability to generate returns from its total capital.