BWLPBW LPG Limited

$23.50

Is it safe?

Can BWLP take a bad year?

BW LPG Limited carries $703M of net debt at 1.16× EBITDA: a load its earnings can carry.

$703M

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
45%

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
45%
Worst drawdown on file
−69%
Below its 52-week high
−5.1%

Balance sheet from SEC filings; drawdown and volatility from end-of-day closes; Altman Z from the filed statements.