Dorian Total Operating Expenses vs Net Income From Continuing Ops Analysis

LPG Stock  USD 25.74  0.53  2.10%   
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 Total Operating Expenses and its Net Income From Continuing Ops 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.

Total Operating Expenses vs Net Income From Continuing Ops

Total Operating Expenses vs Net Income From Continuing Ops Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Dorian LPG Total Operating Expenses account and Net Income From Continuing Ops. At this time, the significance of the direction appears to have strong relationship.
The correlation between Dorian LPG's Total Operating Expenses and Net Income From Continuing Ops is 0.61. Overlapping area represents the amount of variation of Total Operating Expenses that can explain the historical movement of Net Income From Continuing Ops 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 Total Operating Expenses and Net Income From Continuing Ops is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Total Operating Expenses of Dorian LPG are associated (or correlated) with its Net Income From Continuing Ops. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Net Income From Continuing Ops has no effect on the direction of Total Operating Expenses i.e., Dorian LPG's Total Operating Expenses and Net Income From Continuing Ops go up and down completely randomly.

Correlation Coefficient

0.61
Relationship DirectionPositive 
Relationship StrengthSignificant

Total Operating Expenses

The total costs associated with the day-to-day operations of a business, excluding the cost of goods sold but including selling, general, and administrative expenses.

Net Income From Continuing Ops

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 Profit113.0M228.0M365.2M383.5M
Total Revenue274.2M389.7M560.7M588.8M

Dorian LPG fundamental ratios Correlations

-0.590.890.96-0.950.810.270.330.920.630.170.740.990.70.940.940.950.540.930.670.52-0.23-0.610.90.46-0.83
-0.59-0.33-0.690.6-0.28-0.58-0.42-0.38-0.33-0.45-0.12-0.53-0.69-0.41-0.45-0.41-0.3-0.39-0.27-0.030.310.18-0.35-0.310.44
0.89-0.330.76-0.790.90.090.270.940.49-0.010.740.910.340.970.880.930.450.930.770.55-0.19-0.520.920.28-0.72
0.96-0.690.76-0.970.740.40.280.790.680.310.610.920.80.820.870.850.450.820.610.48-0.19-0.550.830.45-0.82
-0.950.6-0.79-0.97-0.77-0.31-0.32-0.83-0.79-0.08-0.63-0.93-0.73-0.85-0.93-0.89-0.49-0.85-0.62-0.480.220.59-0.86-0.520.9
0.81-0.280.90.74-0.770.210.070.760.520.130.530.780.250.830.80.80.140.770.840.6-0.01-0.390.940.1-0.67
0.27-0.580.090.4-0.310.21-0.25-0.020.270.62-0.040.130.230.10.20.04-0.43-0.030.530.110.150.520.18-0.39-0.18
0.33-0.420.270.28-0.320.07-0.250.40.07-0.240.150.410.440.360.310.390.570.43-0.16-0.39-0.79-0.530.120.63-0.27
0.92-0.380.940.79-0.830.76-0.020.40.48-0.090.840.960.50.980.880.980.660.980.620.5-0.28-0.690.860.49-0.8
0.63-0.330.490.68-0.790.520.270.070.48-0.220.380.610.490.50.710.570.320.510.40.420.0-0.330.580.48-0.8
0.17-0.45-0.010.31-0.080.130.62-0.24-0.09-0.22-0.120.040.32-0.01-0.05-0.06-0.34-0.070.230.120.180.210.1-0.390.17
0.74-0.120.740.61-0.630.53-0.040.150.840.38-0.120.790.460.810.730.80.530.810.470.54-0.08-0.550.710.41-0.62
0.99-0.530.910.92-0.930.780.130.410.960.610.040.790.670.960.940.980.650.970.620.5-0.28-0.690.880.53-0.83
0.7-0.690.340.8-0.730.250.230.440.50.490.320.460.670.470.550.550.550.550.050.16-0.3-0.610.420.68-0.57
0.94-0.410.970.82-0.850.830.10.360.980.5-0.010.810.960.470.930.980.560.980.720.51-0.26-0.590.90.37-0.76
0.94-0.450.880.87-0.930.80.20.310.880.71-0.050.730.940.550.930.950.510.920.720.47-0.26-0.540.870.4-0.8
0.95-0.410.930.85-0.890.80.040.390.980.57-0.060.80.980.550.980.950.630.990.660.51-0.27-0.680.890.46-0.81
0.54-0.30.450.45-0.490.14-0.430.570.660.32-0.340.530.650.550.560.510.630.67-0.080.12-0.44-0.810.290.82-0.51
0.93-0.390.930.82-0.850.77-0.030.430.980.51-0.070.810.970.550.980.920.990.670.610.49-0.29-0.720.870.5-0.77
0.67-0.270.770.61-0.620.840.53-0.160.620.40.230.470.620.050.720.720.66-0.080.610.550.110.020.78-0.28-0.54
0.52-0.030.550.48-0.480.60.11-0.390.50.420.120.540.50.160.510.470.510.120.490.550.68-0.280.670.01-0.52
-0.230.31-0.19-0.190.22-0.010.15-0.79-0.280.00.18-0.08-0.28-0.3-0.26-0.26-0.27-0.44-0.290.110.680.33-0.01-0.450.1
-0.610.18-0.52-0.550.59-0.390.52-0.53-0.69-0.330.21-0.55-0.69-0.61-0.59-0.54-0.68-0.81-0.720.02-0.280.33-0.52-0.820.56
0.9-0.350.920.83-0.860.940.180.120.860.580.10.710.880.420.90.870.890.290.870.780.67-0.01-0.520.26-0.76
0.46-0.310.280.45-0.520.1-0.390.630.490.48-0.390.410.530.680.370.40.460.820.5-0.280.01-0.45-0.820.26-0.58
-0.830.44-0.72-0.820.9-0.67-0.18-0.27-0.8-0.80.17-0.62-0.83-0.57-0.76-0.8-0.81-0.51-0.77-0.54-0.520.10.56-0.76-0.58
Click cells to compare fundamentals

Dorian LPG Account Relationship Matchups

Dorian LPG fundamental ratios Accounts

201920202021202220232024 (projected)
Other Liab1.2M1.2M1.5M1.7M1.5M1.4M
Long Term Debt581.9M539.7M590.7M604.3M551.5M526.3M
Property Plant Equipment1.4B1.4B1.3B1.3B1.5B1.2B
Common Stock Shares Outstanding54.1M49.8M40.4M40.2M40.5M38.4M
Net Tangible Assets977.1M946.8M920.2M873.8M1.0B1.0B
Non Current Assets Total35.6M1.5B1.4B1.3B1.5B1.2B
Non Currrent Assets Other(1.5B)44.5M7.0M25.5M15.1M15.9M
Common Stock Total Equity590.8K510.7K513.2K516.3K464.7K442.8K
Other Stockholder Equity827.1M1.1B656.9M638.9M645.9M648.2M
Deferred Long Term Liab2.0M9.2M3.5M9.8M8.9M5.8M
Long Term Investments34.1M26.2M23.1M26.3M11.4M0.0
Property Plant And Equipment Gross1.5B1.4B1.3B1.3B1.9B1.5B
Short Long Term Debt53.1M51.8M72.1M53.1M54.1M51.2M
Total Current Assets30.8M139.6M153.3M307.9M368.9M190.4M
Retained Earnings Total Equity196.8M289.4M280.8M231.8M266.6M190.9M
Long Term Debt Total581.9M539.7M590.7M604.3M694.9M645.5M
Capital Surpluse866.8M756.8M760.1M764.4M687.9M659.2M

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 FinTech Suite module to use AI to screen and filter profitable investment opportunities.
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
5.87
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.