Dorian LPG Ltd (LPG)
Debt-to-assets ratio
| Mar 31, 2025 | Mar 31, 2024 | Mar 31, 2023 | Mar 31, 2022 | Mar 31, 2021 | ||
|---|---|---|---|---|---|---|
| Long-term debt | US$ in thousands | — | — | — | — | — |
| Total assets | US$ in thousands | — | 1,837,650 | 1,607,360 | 1,581,620 | 1,671,960 |
| Debt-to-assets ratio | — | 0.00 | 0.00 | 0.00 | 0.00 |
March 31, 2025 calculation
Debt-to-assets ratio = Long-term debt ÷ Total assets
= $—K ÷ $—K
= —
The debt-to-assets ratio for Dorian LPG Ltd has remained consistently at 0.00 from March 31, 2021, to March 31, 2024. This indicates that the company has not utilized any debt to finance its assets during this period, reflecting a conservative financial structure. However, the data for March 31, 2025 is not available (marked as "—"), limiting our analysis for that year. Overall, the maintenance of a zero debt-to-assets ratio suggests that Dorian LPG Ltd has managed its financial leverage prudently by relying more on equity financing to support its asset base.