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Dynagas LNG Partners LP (Dynagas LNG Partners LP) Equity-to-Asset : 0.49 (As of Dec. 2023)


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What is Dynagas LNG Partners LP Equity-to-Asset?

Equity to Asset ratio is calculated as total stockholders equity divided by total asset. Dynagas LNG Partners LP's Total Stockholders Equity for the quarter that ended in Dec. 2023 was $448.2 Mil. Dynagas LNG Partners LP's Total Assets for the quarter that ended in Dec. 2023 was $908.9 Mil. Therefore, Dynagas LNG Partners LP's Equity to Asset Ratio for the quarter that ended in Dec. 2023 was 0.49.

The historical rank and industry rank for Dynagas LNG Partners LP's Equity-to-Asset or its related term are showing as below:

DLNG' s Equity-to-Asset Range Over the Past 10 Years
Min: 0.3   Med: 0.34   Max: 0.49
Current: 0.49

During the past 13 years, the highest Equity to Asset Ratio of Dynagas LNG Partners LP was 0.49. The lowest was 0.30. And the median was 0.34.

DLNG's Equity-to-Asset is ranked worse than
50.92% of 1092 companies
in the Oil & Gas industry
Industry Median: 0.5 vs DLNG: 0.49

Dynagas LNG Partners LP Equity-to-Asset Historical Data

The historical data trend for Dynagas LNG Partners LP's Equity-to-Asset can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

* Premium members only.

Dynagas LNG Partners LP Equity-to-Asset Chart

Dynagas LNG Partners LP Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Equity-to-Asset
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.32 0.35 0.40 0.45 0.49

Dynagas LNG Partners LP Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
Equity-to-Asset Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 0.45 0.47 0.48 0.48 0.49

Competitive Comparison of Dynagas LNG Partners LP's Equity-to-Asset

For the Oil & Gas Midstream subindustry, Dynagas LNG Partners LP's Equity-to-Asset, along with its competitors' market caps and Equity-to-Asset data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


Dynagas LNG Partners LP's Equity-to-Asset Distribution in the Oil & Gas Industry

For the Oil & Gas industry and Energy sector, Dynagas LNG Partners LP's Equity-to-Asset distribution charts can be found below:

* The bar in red indicates where Dynagas LNG Partners LP's Equity-to-Asset falls into.



Dynagas LNG Partners LP Equity-to-Asset Calculation

Equity to Asset ratio measures the ratios of the portion of the asset owned by shareholders out of the total asset. It indicates the leverage of the company, and the amount of debt the company uses in its operation.

Equity to Asset ratio is calculated by dividing total stockholders equity by total asset.

Dynagas LNG Partners LP's Equity to Asset Ratio for the fiscal year that ended in Dec. 2023 is calculated as

Equity to Asset (A: Dec. 2023 )=Total Stockholders Equity/Total Assets
=448.24/908.913
=0.49

Dynagas LNG Partners LP's Equity to Asset Ratio for the quarter that ended in Dec. 2023 is calculated as

Equity to Asset (Q: Dec. 2023 )=Total Stockholders Equity/Total Assets
=448.24/908.913
=0.49

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.


Dynagas LNG Partners LP  (NYSE:DLNG) Equity-to-Asset Explanation

Equity to Asset ratio can vary greatly across different industries, as they have different capital structure. A company with smaller Equity to Asset ratio (more leveraged) may have higher ROE % because of the leverage.

For banks, the required minimum Equity to Asset ratio by regulation is 5%. Some stronger banks may have Equity to Asset Ratio of more than 10%.


Dynagas LNG Partners LP Equity-to-Asset Related Terms

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Dynagas LNG Partners LP (Dynagas LNG Partners LP) Business Description

Traded in Other Exchanges
Address
Poseidonos Avenue and Foivis 2 Street, 166 74 Glyfada, Athens, GRC, 98000
Dynagas LNG Partners LP is a limited partnership company focused on owning and operating high specification and versatile LNG carriers that are employed on multi-year contracts with international energy companies, providing the benefits of stable cash flows and high utilization rates. The company defines charters of two years or more as multi-year charters. Its current LNG Carrier fleet is optimized for trading flexibility. In addition to conventional trade, part of LNG Carrier fleet is assigned with Ice Class 1A FS notation and are winterized which enables trade in subzero and ice bound conditions.