BWLPBW LPG Limited
Is it safe?
Nothing alarming, nothing pristine: comfortable debt (A) and typical volatility.
Investment-grade balance sheet. A rule of thumb on leverage, not a credit rating.
Moderate price swings, typical volatility. Worst drawdown -69% · now at/near its 52-week high.
Where this answer is blind. Altman sits structurally low for utilities and pipelines; Beneish runs high for fast growers, since sales growth alone lifts it; banks and REITs are excluded.
Can BWLP take a bad year?
BW LPG Limited carries $703M of net debt at 1.16× EBITDA: a load its earnings can carry.
Net debt · as at Q2 2025 · under two and a half years of EBITDA, comfortable
- Net debt / EBITDA
- 1.16×
Net debt / EBITDA
- Interest cover
- 10.4×
Interest cover · operating profit covers the interest bill several times over
- Annualised volatility
- 43%
Annualised volatility · roughly twice as jumpy as the market
Details›
- Total debtQ2 2025
- $1.03B
- Cash and short-term investments
- $323M
- Net debt
- $703M
- EBITDA, trailing twelve months
- $606M
- Operating profit, trailing twelve months
- $385M
- Debt / equity
- 0.58×
- Total debt / EBITDA
- 1.69×
- Annualised volatilitytwo years of daily moves
- 43%
- Worst drawdown on file
- −69%
- Below its 52-week high
- 1.4%
Balance sheet from SEC filings; drawdown and volatility from end-of-day closes; Altman Z from the filed statements.
Oil & Gas Midstream
Ranks #14 of 22 by RyuScore