Company: LPG
Filing Date: 2025-01-31
Form Type: 10-Q
Source: 0001596993-25-000013
Chunk: 4

Company: DORIAN LPG LTD.
Filing Date: 2025-01-31
Form: 10-Q
Item: Part I, Item 1F
Chunk 4
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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 ​​December 31, 2024​March 31, 2024 Assets​​​​​​​Current assets​​​​​​​Cash and cash equivalents​$ 314,532,172 $ 282,507,971​Trade receivables, net and accrued revenues​​ 990,655 ​ 659,567​Due from related parties ​ 73,615,519 ​ 52,352,942​Inventories ​ 2,348,389 ​ 2,393,379​Available-for-sale debt securities​​ 10,001,336​​ 11,530,939​Derivative instruments​​ 946,554​​ 5,139,056​Prepaid expenses and other current assets​​ 12,716,507 ​ 14,297,917​Total current assets​​ 415,151,132 ​ 368,881,771​Fixed assets​​​​​​​Vessels, net ​ 1,164,143,821 ​ 1,208,588,213​Vessel under construction ​ 24,745,465 ​ 23,829,678​Total fixed assets​​ 1,188,889,286 ​ 1,232,417,891​Other non-current assets​​​​​​​Deferred charges, net ​ 13,967,496 ​ 12,544,098​Derivative instruments ​ 5,198,407 ​ 4,145,153​Due from related parties—non-current​​ 26,400,000​​ 25,300,000​Restricted cash—non-current ​ 73,466 ​ 75,798​Operating lease right-of-use assets​​ 167,583,682​​ 191,700,338​Other non-current assets​​ 2,795,694​​ 2,585,116​Total assets​$ 1,820,059,163 $ 1,837,650,165​Liabilities and shareholders’ equity​​​​​​​Current liabilities​​​​​​​Trade accounts payable​$ 9,250,677 $ 10,185,962​Accrued expenses