Dynagas Current Ratio from 2010 to 2024

DLNG Stock  USD 4.80  0.32  7.14%   
Dynagas LNG's Current Ratio is increasing over the last several years with stable swings. Current Ratio is predicted to flatten to 0.22. Current Ratio is a liquidity ratio that measures a company's ability to pay short-term obligations or those due within one year. It compares a firm's current assets to its current liabilities. View All Fundamentals
 
Current Ratio  
First Reported
2010-12-31
Previous Quarter
0.22896454
Current Value
0.22
Quarterly Volatility
0.76449217
 
Credit Downgrade
 
Yuan Drop
 
Covid
Check Dynagas LNG financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Dynagas LNG's main balance sheet or income statement drivers, such as Depreciation And Amortization of 17.9 M, Interest Expense of 30.8 M or Selling General Administrative of 7.6 M, as well as many indicators such as Price To Sales Ratio of 0.61, Dividend Yield of 0.22 or PTB Ratio of 0.22. Dynagas financial statements analysis is a perfect complement when working with Dynagas LNG Valuation or Volatility modules.
  
Check out the analysis of Dynagas LNG Correlation against competitors.

Latest Dynagas LNG's Current Ratio Growth Pattern

Below is the plot of the Current Ratio of Dynagas LNG Partners over the last few years. It is a liquidity ratio that measures a company's ability to pay short-term obligations or those due within one year. It compares a firm's current assets to its current liabilities. Dynagas LNG's Current Ratio historical data analysis aims to capture in quantitative terms the overall pattern of either growth or decline in Dynagas LNG's overall financial position and show how it may be relating to other accounts over time.
ViewLast Reported 5.12 X10 Years Trend
Pretty Stable
   Current Ratio   
       Timeline  

Dynagas Current Ratio Regression Statistics

Arithmetic Mean0.61
Geometric Mean0.25
Coefficient Of Variation125.95
Mean Deviation0.48
Median0.42
Standard Deviation0.76
Sample Variance0.58
Range3.0668
R-Value0.17
Mean Square Error0.61
R-Squared0.03
Significance0.55
Slope0.03
Total Sum of Squares8.18

Dynagas Current Ratio History

2024 0.22
2023 0.23
2022 1.06
2021 0.79
2020 0.43
2019 0.28
2018 0.41

About Dynagas LNG Financial Statements

Dynagas LNG stakeholders use historical fundamental indicators, such as Dynagas LNG's Current Ratio, to determine how well the company is positioned to perform in the future. Although Dynagas LNG investors may analyze each financial statement separately, they are all interrelated. For example, changes in Dynagas LNG's assets and liabilities are reflected in the revenues and expenses on Dynagas LNG's income statement, which ultimately affect the company's gains or losses. Understanding these patterns can help in making the right long-term investment decisions in Dynagas LNG Partners. Please read more on our technical analysis and fundamental analysis pages.
Last ReportedProjected for Next Year
Current Ratio 0.23  0.22 

Currently Active Assets on Macroaxis

When determining whether Dynagas LNG Partners is a strong investment it is important to analyze Dynagas LNG'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 Dynagas LNG's future performance. For an informed investment choice regarding Dynagas Stock, refer to the following important reports:
Check out the analysis of Dynagas LNG Correlation against competitors.
You can also try the Companies Directory module to evaluate performance of over 100,000 Stocks, Funds, and ETFs against different fundamentals.
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 Dynagas LNG. If investors know Dynagas 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 Dynagas LNG 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
(0.51)
Earnings Share
0.59
Revenue Per Share
4.377
Quarterly Revenue Growth
(0)
Return On Assets
0.0464
The market value of Dynagas LNG Partners is measured differently than its book value, which is the value of Dynagas that is recorded on the company's balance sheet. Investors also form their own opinion of Dynagas LNG's value that differs from its market value or its book value, called intrinsic value, which is Dynagas LNG'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 Dynagas LNG's market value can be influenced by many factors that don't directly affect Dynagas LNG'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 Dynagas LNG's value and its price as these two are different measures arrived at by different means. Investors typically determine if Dynagas LNG is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Dynagas LNG'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.