Dynagas LNG Partners LP Net Assets
Dynagas LNG Partners LP net assets. Based on the latest financial reports, Dynagas LNG Partners LP (DLNG) has net assets worth $487.15 Million USD as of March 2026. Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets ($792.26 Million) and total liabilities ($305.11 Million). This figure indicates the residual interest in the assets after deducting liabilities, essentially showing what would remain for shareholders if all assets were liquidated and all debts paid off. Also explore DLNG net assets growth trend to track the company's year-over-year net asset growth rate.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | $487.15 Million |
| % of Total Assets | 61.49% |
| Annual Growth Rate | 18.24% |
| 5-Year Change | 24.05% |
| 10-Year Change | 28.65% |
| Growth Volatility | 62.47 |
Net Assets of Dynagas LNG Partners LP (2011–2025)
Net assets of Dynagas LNG Partners LP from 2011 to 2025. This chart illustrates how Dynagas LNG Partners LP's net assets have evolved over time, based on quarterly financial data. See DLNG equity to assets ratio to measure how much of total assets are equity-financed.
Annual Net Assets for Dynagas LNG Partners LP (2011–2025)
The table below shows the annual net assets of Dynagas LNG Partners LP from 2011 to 2025. For live market cap and overall valuation, see DLNG stock market capitalisation.
| Year | Net Assets | Change |
|---|---|---|
| 2025-12-31 | $473.23 Million | -2.39% |
| 2024-12-31 | $484.80 Million | +8.16% |
| 2023-12-31 | $448.24 Million | +5.73% |
| 2022-12-31 | $423.93 Million | +11.13% |
| 2021-12-31 | $381.48 Million | +13.37% |
| 2020-12-31 | $336.49 Million | +7.26% |
| 2019-12-31 | $313.71 Million | -3.91% |
| 2018-12-31 | $326.49 Million | +2.57% |
| 2017-12-31 | $318.32 Million | -13.46% |
| 2016-12-31 | $367.84 Million | 0.00% |
| 2015-12-31 | $367.84 Million | +23.56% |
| 2014-12-31 | $297.70 Million | +15.52% |
| 2013-12-31 | $257.70 Million | +242.80% |
| 2012-12-31 | $75.17 Million | +65.81% |
| 2011-12-31 | $45.34 Million | -- |
Equity Component Analysis
This analysis shows how different components contribute to Dynagas LNG Partners LP's total equity over time. Equity components include common stock, retained earnings, additional paid-in capital, and other elements.
Equity Composition Insights
- Retained earnings have decreased by 0.0% over the analyzed period, potentially due to dividend distributions or operating losses.
Dynagas LNG Partners LP Net Assets Breakdown (December 2025)
Dynagas LNG Partners LP net assets breakdown by equity component as of December 2025.
| Component | Amount | Percentage |
|---|---|---|
| Common Stock | $400.01 Million | 84.56% |
| Other Components | $73.04 Million | 15.44% |
| Total Equity | $473.05 Million | 100.00% |
Dynagas LNG Partners LP Competitors by Market Cap
The table below lists competitors of Dynagas LNG Partners LP ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Suzhou Shijing Environmental Technology Co.Ltd.
SHE:301030
|
$111.35 Million |
|
Indonesia Fibreboard Industry PT
JK:IFII
|
$111.40 Million |
|
Southern Silver Exploration Corp.
V:SSV
|
$111.45 Million |
|
MDxHealth SA ADR
NASDAQ:MDXH
|
$111.46 Million |
|
Bhiraj Office Leasehold Real Estate Investment Trust
BK:BOFFICE
|
$111.31 Million |
|
Prime Securities Limited
NSE:PRIMESECU
|
$111.31 Million |
|
Kamdhenu Limited
NSE:KAMDHENU
|
$111.30 Million |
|
ARRAIL GROUP LTD.
F:I1D
|
$111.29 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Dynagas LNG Partners LP's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2024 to 2025, total equity changed from 484,801,000 to 473,050,000, a change of -11,751,000 (-2.4%).
- Net income of 61,644,999 contributed positively to equity growth.
- Dividend payments of 71,892,999 reduced retained earnings.
- Share repurchases of 1,315,000 reduced equity.
Equity Change Factors (2024 to 2025)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | $61.64 Million | +13.03% |
| Dividends Paid | $71.89 Million | -15.2% |
| Share Repurchases | $1.31 Million | -0.28% |
| Other Changes | $-188.00K | -0.04% |
| Total Change | $- | -2.42% |
Book Value vs Market Value Analysis
This analysis compares Dynagas LNG Partners LP's book value (net assets) with its market value over time. The relationship between these values can provide insights into investor sentiment and company valuation.
Valuation Insights
- Current price-to-book ratio: 0.24x
- The company is trading below its book value, potentially indicating the market believes the assets are overvalued on the balance sheet or anticipates future losses.
- The price-to-book ratio has decreased from 2.02x to 0.24x over the analyzed period, indicating reduced market premium.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2011-12-31 | $1.51 | $3.06 | x |
| 2012-12-31 | $2.51 | $3.06 | x |
| 2013-12-31 | $33.34 | $3.06 | x |
| 2014-12-31 | $9.04 | $3.06 | x |
| 2015-12-31 | $17.94 | $3.06 | x |
| 2016-12-31 | $17.94 | $3.06 | x |
| 2017-12-31 | $9.21 | $3.06 | x |
| 2018-12-31 | $9.20 | $3.06 | x |
| 2019-12-31 | $8.84 | $3.06 | x |
| 2020-12-31 | $9.47 | $3.06 | x |
| 2021-12-31 | $10.45 | $3.06 | x |
| 2022-12-31 | $11.52 | $3.06 | x |
| 2023-12-31 | $12.18 | $3.06 | x |
| 2024-12-31 | $13.18 | $3.06 | x |
| 2025-12-31 | $12.94 | $3.06 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Dynagas LNG Partners LP utilizes its equity to generate returns, including Return on Equity (ROE) and its components based on the DuPont analysis framework.
Capital Efficiency Insights
- Current Return on Equity (ROE): 13.03%
- The company shows good efficiency in utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 39.36%
- • Asset Turnover: 0.20x
- • Equity Multiplier: 1.66x
- Recent ROE (13.03%) is below the historical average (15.11%), suggesting potential challenges in capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2011 | 41.51% | 35.82% | 0.11x | 10.68x | $14.29 Million |
| 2012 | 39.69% | 38.50% | 0.16x | 6.34x | $22.32 Million |
| 2013 | 17.70% | 53.25% | 0.18x | 1.90x | $19.85 Million |
| 2014 | 16.98% | 47.21% | 0.12x | 2.96x | $20.79 Million |
| 2015 | 16.33% | 41.36% | 0.13x | 3.01x | $23.27 Million |
| 2016 | 18.17% | 39.36% | 0.15x | 3.01x | $30.07 Million |
| 2017 | 5.45% | 12.47% | 0.13x | 3.31x | $-14.49 Million |
| 2018 | 1.11% | 2.84% | 0.12x | 3.26x | $-29.04 Million |
| 2019 | 1.15% | 2.76% | 0.13x | 3.15x | $-27.76 Million |
| 2020 | 10.12% | 24.83% | 0.14x | 2.87x | $402.20K |
| 2021 | 13.96% | 38.67% | 0.14x | 2.53x | $15.11 Million |
| 2022 | 12.74% | 41.02% | 0.14x | 2.24x | $11.62 Million |
| 2023 | 8.00% | 22.35% | 0.18x | 2.03x | $-8.94 Million |
| 2024 | 10.64% | 32.99% | 0.18x | 1.75x | $3.11 Million |
| 2025 | 13.03% | 39.36% | 0.20x | 1.66x | $14.34 Million |
Industry Comparison
This section compares Dynagas LNG Partners LP's net assets metrics with peer companies in the Oil & Gas Midstream industry.
Industry Context
- Industry: Oil & Gas Midstream
- Average net assets among peers: $908,429,399
- Average return on equity (ROE) among peers: 159.97%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Dynagas LNG Partners LP (DLNG) | $487.15 Million | 41.51% | 0.63x | $111.33 Million |
| Antero Midstream Partners LP (AM) | $2.15 Billion | 17.28% | 1.67x | $9.01 Billion |
| CBL International Limited Ordinary Shares (BANL) | $8.43 Million | 42.35% | 2.20x | $12.00 Million |
| BP Prudhoe Bay Royalty Trust (BPT) | $5.79 Million | 1397.75% | 0.05x | $2.99 Million |
| Brooge Holdings Ltd (BROG) | $61.21 Million | 7.25% | 6.93x | $284.93 Million |
| BW LPG Limited (BWLP) | $1.12 Billion | 2.12% | 1.32x | $3.30 Billion |
| Cheniere Energy Partners LP (CQP) | $712.93 Million | -44.74% | 17.00x | $27.77 Billion |
| Cheniere Energy Partners LP (CQP) | $-227.52 Million | 0.00% | 0.00x | $25.77 Billion |
| DHT Holdings Inc (DHT) | $191.92 Million | 8.78% | 1.70x | $2.56 Billion |
| DT Midstream Inc (DTM) | $4.15 Billion | 8.91% | 1.13x | $11.56 Billion |
About Dynagas LNG Partners LP
Dynagas LNG Partners LP, through its subsidiaries, operates in the seaborne transportation industry in Greece and internationally. The company owns and operates liquefied natural gas (LNG) vessels. The company's fleet consists of six LNG carriers and three modern tri-fuel diesel electric propulsion technology Ice Class LNG carriers. Dynagas GP LLC serves as the general partner of Dynagas LNG Part… Read more