Company: LPG
Filing Date: 2025-11-06
Form Type: 10-Q
Source: 0001596993-25-000049
Chunk: 2

Company: DORIAN LPG LTD.
Filing Date: 2025-11-06
Form: 10-Q
Item: Part I, Item 1
Chunk 2
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ITEM 1. FINANCIAL STATEMENTS

Dorian LPG Ltd.

Unaudited Condensed Consolidated Balance Sheets

(Expressed in United States Dollars, except for share data)

​​​​​​​​​    As of    As of ​​September 30, 2025​March 31, 2025 Assets​​​​​​​Current assets​​​​​​​Cash and cash equivalents​$ 268,302,758 $ 316,877,584​Trade receivables, net and accrued revenues​​ 2,425,518 ​ 1,356,827​Due from related parties ​ 89,632,474 ​ 48,090,301​Inventories ​ 2,387,957 ​ 2,508,684​Prepaid expenses and other current assets​​ 19,118,893 ​ 13,523,008​Total current assets​​ 381,867,600 ​ 382,356,404​Fixed assets​​​​​​​Vessels, net ​ 1,118,135,047 ​ 1,149,806,782​Vessel under construction ​ 51,875,781 ​ 37,274,863​Total fixed assets​​ 1,170,010,828 ​ 1,187,081,645​Other non-current assets​​​​​​​Deferred charges, net ​ 23,920,448 ​ 17,237,662​Derivative instruments ​ 1,931,994 ​ 3,497,493​Due from related parties—non-current​​ 27,500,000​​ 26,400,000​Restricted cash—non-current ​ 81,427 ​ 76,028​Operating lease right-of-use assets​​ 172,040,379​​ 159,212,010​Other non-current assets​​ 2,806,099​​ 2,799,038​Total assets​$ 1,780,158,775 $ 1,778,660,280​Liabilities and shareholders’ equity​​​​​​​Current liabilities​​​​​​​Trade accounts payable​$ 6,640,301 $ 11,549,950​Accrued expenses ​ 4,363,434 ​ 5,387,465​Due to related parties ​ 1,612,149 ​