Dorian Gross Profit vs Depreciation And Amortization Analysis
LPG Stock | USD 24.38 0.23 0.93% |
Dorian LPG financial indicator trend analysis is much more than just examining Dorian LPG latest accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Dorian LPG is a good investment. Please check the relationship between Dorian LPG Gross Profit and its Depreciation And Amortization accounts. Check out Correlation Analysis to better understand how to build diversified portfolios, which includes a position in Dorian LPG. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in american community survey. For more detail on how to invest in Dorian Stock please use our How to Invest in Dorian LPG guide.
Gross Profit vs Depreciation And Amortization
Gross Profit vs Depreciation And Amortization Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Dorian LPG Gross Profit account and Depreciation And Amortization. At this time, the significance of the direction appears to have fragmental relationship.
The correlation between Dorian LPG's Gross Profit and Depreciation And Amortization is 0.46. Overlapping area represents the amount of variation of Gross Profit that can explain the historical movement of Depreciation And Amortization in the same time period over historical financial statements of Dorian LPG, assuming nothing else is changed. The correlation between historical values of Dorian LPG's Gross Profit and Depreciation And Amortization is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Gross Profit of Dorian LPG are associated (or correlated) with its Depreciation And Amortization. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Depreciation And Amortization has no effect on the direction of Gross Profit i.e., Dorian LPG's Gross Profit and Depreciation And Amortization go up and down completely randomly.
Correlation Coefficient | 0.46 |
Relationship Direction | Positive |
Relationship Strength | Weak |
Gross Profit
Gross profit is a required income statement account that reflects total revenue of Dorian LPG minus its cost of goods sold. It is profit before Dorian LPG operating expenses, interest payments and taxes. Gross profit is also known as gross margin. The profit a company makes after deducting the costs associated with making and selling its products, or the costs associated with providing its services.Depreciation And Amortization
The systematic reduction in the recorded value of an intangible asset. This includes the allocation of the cost of tangible assets to periods in which the assets are used, representing the expense related to the wear and tear, deterioration, or obsolescence of physical assets and intangible assets over their useful lives.Most indicators from Dorian LPG's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Dorian LPG current financial condition. On the other hand, looking into the entire matrix of fundamental ratios indicators, and analyzing their relationships over time can provide a more complete picture of the company financial strength now and in the future. Check out Correlation Analysis to better understand how to build diversified portfolios, which includes a position in Dorian LPG. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in american community survey. For more detail on how to invest in Dorian Stock please use our How to Invest in Dorian LPG guide.At this time, Dorian LPG's Sales General And Administrative To Revenue is most likely to increase slightly in the upcoming years. The Dorian LPG's current Enterprise Value is estimated to increase to about 2.3 B, while Selling General Administrative is projected to decrease to roughly 25.8 M.
2021 | 2022 | 2023 | 2024 (projected) | Gross Profit | 113.0M | 228.0M | 365.2M | 383.5M | Total Revenue | 274.2M | 389.7M | 560.7M | 588.8M |
Dorian LPG fundamental ratios Correlations
Click cells to compare fundamentals
Dorian LPG Account Relationship Matchups
High Positive Relationship
High Negative Relationship
Dorian LPG fundamental ratios Accounts
2019 | 2020 | 2021 | 2022 | 2023 | 2024 (projected) | ||
Other Liab | 1.2M | 1.2M | 1.5M | 1.7M | 1.5M | 1.4M | |
Long Term Debt | 581.9M | 539.7M | 590.7M | 604.3M | 551.5M | 526.3M | |
Property Plant Equipment | 1.4B | 1.4B | 1.3B | 1.3B | 1.5B | 1.2B | |
Common Stock Shares Outstanding | 54.1M | 49.8M | 40.4M | 40.2M | 40.5M | 38.4M | |
Net Tangible Assets | 977.1M | 946.8M | 920.2M | 873.8M | 1.0B | 1.0B | |
Non Current Assets Total | 35.6M | 1.5B | 1.4B | 1.3B | 1.5B | 1.2B | |
Non Currrent Assets Other | (1.5B) | 44.5M | 7.0M | 25.5M | 44.7M | 46.9M | |
Common Stock Total Equity | 590.8K | 510.7K | 513.2K | 516.3K | 464.7K | 442.8K | |
Other Stockholder Equity | 827.1M | 1.1B | 656.9M | 638.9M | 645.9M | 648.2M | |
Deferred Long Term Liab | 2.0M | 9.2M | 3.5M | 9.8M | 8.9M | 5.8M | |
Long Term Investments | 34.1M | 26.2M | 23.1M | 26.3M | 11.4M | 0.0 | |
Property Plant And Equipment Gross | 1.5B | 1.4B | 1.3B | 1.3B | 1.9B | 1.5B | |
Short Long Term Debt | 53.1M | 51.8M | 72.1M | 53.1M | 54.1M | 51.2M | |
Total Current Assets | 30.8M | 139.6M | 153.3M | 307.9M | 368.9M | 190.4M | |
Retained Earnings Total Equity | 196.8M | 289.4M | 280.8M | 231.8M | 266.6M | 190.9M | |
Long Term Debt Total | 581.9M | 539.7M | 590.7M | 604.3M | 694.9M | 645.5M | |
Capital Surpluse | 866.8M | 756.8M | 760.1M | 764.4M | 687.9M | 659.2M |
Currently Active Assets on Macroaxis
When determining whether Dorian LPG is a strong investment it is important to analyze Dorian LPG's competitive position within its industry, examining market share, product or service uniqueness, and competitive advantages. Beyond financials and market position, potential investors should also consider broader economic conditions, industry trends, and any regulatory or geopolitical factors that may impact Dorian LPG's future performance. For an informed investment choice regarding Dorian Stock, refer to the following important reports:Check out Correlation Analysis to better understand how to build diversified portfolios, which includes a position in Dorian LPG. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in american community survey. For more detail on how to invest in Dorian Stock please use our How to Invest in Dorian LPG guide.You can also try the Equity Search module to search for actively traded equities including funds and ETFs from over 30 global markets.
Is Oil & Gas Storage & Transportation space expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Dorian LPG. If investors know Dorian will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Dorian LPG listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth (0.88) | Dividend Share 4 | Earnings Share 5.81 | Revenue Per Share 12.159 | Quarterly Revenue Growth (0.43) |
The market value of Dorian LPG is measured differently than its book value, which is the value of Dorian that is recorded on the company's balance sheet. Investors also form their own opinion of Dorian LPG's value that differs from its market value or its book value, called intrinsic value, which is Dorian LPG's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Dorian LPG's market value can be influenced by many factors that don't directly affect Dorian LPG's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Dorian LPG's value and its price as these two are different measures arrived at by different means. Investors typically determine if Dorian LPG is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Dorian LPG's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.