Is it safe?
Can LPG take a bad year?
Dorian LPG Ltd. carries $233M of net debt at 0.83× EBITDA: a load its earnings can carry.
$233M
Net debt · as at Q4 2026 · under two and a half years of EBITDA, comfortable
- Net debt / EBITDA
- 0.83×
Net debt / EBITDA · 1.30× a year ago · the load is coming down
- Altman Z-score
- 2.40
Altman Z-score · grey zone, between 1.8 and 3
- Interest cover
- 7.19×
Interest cover · operating profit covers the interest bill several times over
Details›
- Total debtQ4 2026
- $560M
- Cash and short-term investments
- $327M
- Net debt
- $233M
- EBITDA, trailing twelve months
- $282M
- Operating profit, trailing twelve months
- $210M
- Debt / equity
- 0.49×
- Total debt / EBITDA
- 1.99×
- Annualised volatilitytwo years of daily moves
- 44%
- Worst drawdown on file
- −63%
- Below its 52-week high
- −6.6%
Balance sheet from SEC filings; drawdown and volatility from end-of-day closes; Altman Z from the filed statements.
Oil & Gas Midstream
Ranks #5 of 27 by Smart Score