BWLP Financial Statements From 2010 to 2024

BWLP Stock   13.55  0.08  0.59%   
BW LPG financial statements provide useful quarterly and yearly information to potential BW LPG Limited investors about the company's current and past financial position, as well as its overall management performance and changes in financial position over time. Historical trend examination of various income statement and balance sheet accounts found on BW LPG financial statements helps investors assess BW LPG's valuation, profitability, and current liquidity needs. Key fundamental drivers impacting BW LPG's valuation are summarized below:
Profit Margin
0.1377
Market Capitalization
1.9 B
Enterprise Value Revenue
0.5894
Revenue
3.5 B
Earnings Share
3.64
There are currently one hundred twenty fundamental measures for BW LPG that can be evaluated and compared over time across peers in the sector. Investors and active traders are advised to validate BW LPG's latest fundamental performance against the performance between 2010 and 2024 to make sure the trends are evolving in the right direction.

BW LPG Total Revenue

1.84 Billion

Check BW LPG financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among BW LPG's main balance sheet or income statement drivers, such as Tax Provision of 11.5 M, Interest Income of 6.4 M or Depreciation And Amortization of 192.6 M, as well as many indicators such as Price To Sales Ratio of 1.11, Dividend Yield of 0.11 or PTB Ratio of 1.45. BWLP financial statements analysis is a perfect complement when working with BW LPG Valuation or Volatility modules.
  
Check out the analysis of BW LPG Correlation against competitors.

BW LPG Balance Sheet

Current ValueLast YearHistorical Average 10 Year Trend
Intangible Assets1.2 M1.2 M1.2 M
Slightly volatile
Total Assets2.7 B2.5 B2.4 B
Slightly volatile
Short and Long Term Debt Total639.4 M570.2 M951.8 M
Slightly volatile
Other Current Liabilities96.8 M133.3 M81.6 M
Slightly volatile
Total Current Liabilities447.5 M655.3 M309.5 M
Slightly volatile
Total Stockholder Equity1.5 B1.5 B1.3 B
Slightly volatile
Property Plant And Equipment Net1.4 B1.6 B1.8 B
Slightly volatile
Current Deferred Revenue3.6 M3.8 M5.9 M
Slightly volatile
Net Debt480.2 M282.6 M827.9 M
Slightly volatile
Retained Earnings551.8 M609.5 M422.2 M
Slightly volatile
Accounts Payable119 M222 M41.1 M
Slightly volatile
Cash218.9 M287.5 M127.8 M
Slightly volatile
Non Current Assets Total1.5 B1.6 BB
Slightly volatile
Long Term Debt390.5 M199.9 M643.4 M
Slightly volatile
Cash And Short Term Investments229.4 M290.8 M149.9 M
Slightly volatile
Net Receivables214.5 M276 M177 M
Slightly volatile
Common Stock Shares Outstanding109.1 M133 M135.8 M
Slightly volatile
Short Term Investments3.1 M3.3 M21.6 M
Slightly volatile
Liabilities And Stockholders Equity2.7 B2.5 B2.4 B
Slightly volatile
Non Current Liabilities Total483.2 M278.1 M798.8 M
Slightly volatile
Capital Lease Obligations194.2 M157.8 M185.7 M
Pretty Stable
Inventory108.5 M188.6 M43.6 M
Slightly volatile
Other Current Assets125.5 M123.3 M88.8 M
Slightly volatile
Other Stockholder Equity740.5 M915.3 M935.4 M
Slightly volatile
Total Liabilities808.8 M934.3 M1.1 B
Slightly volatile
Net Invested Capital1.6 B1.9 B2.1 B
Slightly volatile
Property Plant And Equipment Gross1.9 B2.3 B2.5 B
Slightly volatile
Short and Long Term Debt147.9 M212.4 M130.2 M
Pretty Stable
Total Current Assets673.2 M878.7 M457.9 M
Slightly volatile
Capital Stock1.1 M1.4 M1.4 M
Slightly volatile
Net Working Capital225.4 M223.4 M148.3 M
Slightly volatile
Short Term Debt228.2 M291.9 M185.1 M
Slightly volatile
Common Stock1.1 M1.4 M1.4 M
Slightly volatile

BW LPG Income Statement

Current ValueLast YearHistorical Average 10 Year Trend
Tax Provision11.5 M11 MM
Slightly volatile
Interest Income6.4 M10.4 MM
Very volatile
Depreciation And Amortization192.6 M226.1 M171.3 M
Slightly volatile
Interest Expense27.8 M27.3 M40.2 M
Slightly volatile
Selling General Administrative59.6 M56.8 M17.5 M
Slightly volatile
Selling And Marketing Expenses115.1 M140.4 M147.6 M
Slightly volatile
Total Revenue1.8 B3.1 B1.2 B
Slightly volatile
Gross Profit505 M698.5 M448.1 M
Pretty Stable
Other Operating Expenses1.5 B2.4 B869.8 M
Slightly volatile
Operating Income326.7 M523.7 M284.2 M
Pretty Stable
Net Income From Continuing Ops319.5 M493 M261.3 M
Slightly volatile
EBIT354.4 M553.6 M291.4 M
Slightly volatile
EBITDA547 M779.8 M462.6 M
Slightly volatile
Cost Of Revenue1.3 B2.4 B715.4 M
Slightly volatile
Total Operating Expenses184.5 M197.2 M165.8 M
Slightly volatile
Reconciled Depreciation188.1 M217.9 M159.8 M
Slightly volatile
Income Before Tax325.1 M504 M275.9 M
Slightly volatile
Net Income309.7 M470 M258.3 M
Slightly volatile
Income Tax Expense11.5 M11 MM
Slightly volatile

BW LPG Cash Flow Statement

Current ValueLast YearHistorical Average 10 Year Trend
Stock Based CompensationM1.7 M470.9 K
Slightly volatile
Free Cash Flow346.9 M396.4 M343.1 M
Very volatile
Begin Period Cash Flow154.1 M225.4 M122.4 M
Slightly volatile
Depreciation190.3 M217.9 M170.6 M
Slightly volatile
Other Non Cash Items5.6 M5.9 M286.4 M
Slightly volatile
Dividends Paid210.6 M405.5 M157.9 M
Slightly volatile
Capital Expenditures116.2 M121.1 M84.6 M
Slightly volatile
Total Cash From Operating Activities461.9 M513.4 M427.3 M
Pretty Stable
Net Income313.8 M470 M275.7 M
Pretty Stable
End Period Cash Flow184.4 M162 M117.2 M
Slightly volatile

Financial Ratios

Current ValueLast YearHistorical Average 10 Year Trend
Price To Sales Ratio1.110.66551.0753
Slightly volatile
Dividend Yield0.110.19920.1407
Slightly volatile
PTB Ratio1.451.38490.7086
Slightly volatile
Days Sales Outstanding56.7532.930746.6001
Slightly volatile
Book Value Per Share7.411.86688.6978
Slightly volatile
Operating Cash Flow Per Share4.083.88951.9886
Slightly volatile
Stock Based Compensation To Revenue4.0E-46.0E-43.0E-4
Slightly volatile
Capex To Depreciation0.780.55571.3569
Slightly volatile
PB Ratio1.451.38490.7086
Slightly volatile
EV To Sales0.720.75792.8645
Slightly volatile
Inventory Turnover16.2612.514615.0992
Very volatile
Days Of Inventory On Hand22.7129.16626.1811
Pretty Stable
Payables Turnover10.110.631122.0167
Slightly volatile
Sales General And Administrative To Revenue0.01850.01860.0265
Slightly volatile
Average Inventory52.1 M86 M43.4 M
Slightly volatile
Capex To Revenue0.03760.03960.2489
Slightly volatile
Cash Per Share2.32.1860.9457
Slightly volatile
POCF Ratio7.213.93365.0849
Pretty Stable
Payout Ratio1.290.86282.3126
Slightly volatile
Capex To Operating Cash Flow0.220.2340.8271
Slightly volatile
Days Payables Outstanding18.2734.333434.8155
Slightly volatile
EV To Operating Cash Flow4.264.479813.3173
Very volatile
Intangibles To Total Assets7.0E-45.0E-45.0E-4
Slightly volatile
Net Debt To EBITDA0.340.36256.435
Slightly volatile
Current Ratio1.021.34080.8763
Slightly volatile
Tangible Book Value Per Share7.3911.85758.6935
Slightly volatile
Receivables Turnover6.0811.08398.2743
Slightly volatile
Graham Number31.1129.632912.7974
Slightly volatile
Shareholders Equity Per Share7.2111.04768.5388
Slightly volatile
Debt To Equity0.270.28020.9585
Slightly volatile
Capex Per Share0.760.91021.0756
Slightly volatile
Average Receivables134.7 M152.1 M164.6 M
Slightly volatile
Revenue Per Share24.1422.99127.4536
Slightly volatile
Interest Debt Per Share3.143.30048.1996
Slightly volatile
Debt To Assets0.160.16390.4323
Slightly volatile
Enterprise Value Over EBITDA2.822.972810.0522
Slightly volatile
Short Term Coverage Ratios1.632.43581.3873
Slightly volatile
Operating Cycle87.9862.096773.3491
Slightly volatile
Price Book Value Ratio1.451.38490.7086
Slightly volatile
Days Of Payables Outstanding18.2734.333434.8155
Slightly volatile
Dividend Payout Ratio1.290.86282.3126
Slightly volatile
Price To Operating Cash Flows Ratio7.213.93365.0849
Pretty Stable
Company Equity Multiplier2.221.70992.1619
Slightly volatile
Long Term Debt To Capitalization0.110.11940.3913
Slightly volatile
Total Debt To Capitalization0.210.21880.462
Slightly volatile
Debt Equity Ratio0.270.28020.9585
Slightly volatile
Quick Ratio0.891.05310.7726
Slightly volatile
Dividend Paid And Capex Coverage Ratio1.620.98271.4351
Slightly volatile
Net Income Per E B T1.080.93251.0023
Pretty Stable
Cash Ratio0.30.43880.2864
Slightly volatile
Cash Conversion Cycle26.3827.763435.645
Slightly volatile
Operating Cash Flow Sales Ratio0.220.16920.3233
Slightly volatile
Days Of Inventory Outstanding22.7129.16626.1811
Pretty Stable
Days Of Sales Outstanding56.7532.930746.6001
Slightly volatile
Cash Flow Coverage Ratios1.321.25670.3868
Slightly volatile
Price To Book Ratio1.451.38490.7086
Slightly volatile
Fixed Asset Turnover2.01.90080.5449
Slightly volatile
Capital Expenditure Coverage Ratio5.864.27344.6621
Slightly volatile
Price Cash Flow Ratio7.213.93365.0849
Pretty Stable
Enterprise Value Multiple2.822.972810.0522
Slightly volatile
Debt Ratio0.160.16390.4323
Slightly volatile
Cash Flow To Debt Ratio1.321.25670.3868
Slightly volatile
Price Sales Ratio1.110.66551.0753
Slightly volatile
Asset Turnover1.281.21710.4031
Slightly volatile
Gross Profit Margin0.430.22840.4818
Slightly volatile
Price Fair Value1.451.38490.7086
Slightly volatile

BW LPG Valuation Data

Current ValueLast YearHistorical Average 10 Year Trend
Market Cap1.6 B1.8 BB
Slightly volatile
Enterprise Value1.9 B2.1 B2.3 B
Slightly volatile

BWLP Fundamental Market Drivers

Forward Price Earnings6.7476
Cash And Short Term Investments290.8 M

About BW LPG Financial Statements

BW LPG shareholders use historical fundamental indicators, such as revenue or net income, to determine how well the company is positioned to perform in the future. Although BW LPG investors may analyze each financial statement separately, they are all interrelated. The changes in BW LPG's assets and liabilities, for example, are also reflected in the revenues and expenses on on BW LPG's income statement. Understanding these patterns can help investors time the market effectively. Please read more on our fundamental analysis page.
Last ReportedProjected for Next Year
Current Deferred Revenue3.8 M3.6 M
Total Revenue3.1 B1.8 B
Cost Of Revenue2.4 B1.3 B
Sales General And Administrative To Revenue 0.02  0.02 
Capex To Revenue 0.04  0.04 
Revenue Per Share 22.99  24.14 
Ebit Per Revenue 0.17  0.13 

Pair Trading with BW LPG

One of the main advantages of trading using pair correlations is that every trade hedges away some risk. Because there are two separate transactions required, even if BW LPG position performs unexpectedly, the other equity can make up some of the losses. Pair trading also minimizes risk from directional movements in the market. For example, if an entire industry or sector drops because of unexpected headlines, the short position in BW LPG will appreciate offsetting losses from the drop in the long position's value.

Moving together with BWLP Stock

  0.82SB Safe BulkersPairCorr

Moving against BWLP Stock

  0.75SB-PC Safe BulkersPairCorr
  0.67SB-PD Safe BulkersPairCorr
  0.61PXSAP Pyxis TankersPairCorr
The ability to find closely correlated positions to BW LPG could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace BW LPG when you sell it. If you don't do this, your portfolio allocation will be skewed against your target asset allocation. So, investors can't just sell and buy back BW LPG - that would be a violation of the tax code under the "wash sale" rule, and this is why you need to find a similar enough asset and use the proceeds from selling BW LPG Limited to buy it.
The correlation of BW LPG is a statistical measure of how it moves in relation to other instruments. This measure is expressed in what is known as the correlation coefficient, which ranges between -1 and +1. A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as BW LPG moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if BW LPG Limited moves in either direction, the perfectly negatively correlated security will move in the opposite direction. If the correlation is 0, the equities are not correlated; they are entirely random. A correlation greater than 0.8 is generally described as strong, whereas a correlation less than 0.5 is generally considered weak.
Correlation analysis and pair trading evaluation for BW LPG can also be used as hedging techniques within a particular sector or industry or even over random equities to generate a better risk-adjusted return on your portfolios.
Pair CorrelationCorrelation Matching

Additional Tools for BWLP Stock Analysis

When running BW LPG's price analysis, check to measure BW LPG's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy BW LPG is operating at the current time. Most of BW LPG's value examination focuses on studying past and present price action to predict the probability of BW LPG's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move BW LPG's price. Additionally, you may evaluate how the addition of BW LPG to your portfolios can decrease your overall portfolio volatility.