Financial Snapshot

Revenue
$112.6M
TTM
Gross Margin
76.77%
TTM
Net Earnings
$32.92M
TTM
Current Assets
$42.85M
Q2 2024
Current Liabilities
$429.0K
Q2 2024
Current Ratio
9988.58%
Q2 2024
Total Assets
$838.4M
Q2 2024
Total Liabilities
$374.2M
Q2 2024
Book Value
$464.2M
Q2 2024
Cash
$35.57M
Q2 2024
P/E
5.091
Nov 29, 2024 EST
Free Cash Flow
$71.89M
TTM

Revenues

Revenues

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Revenue YoY Change

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Revenues

Concept 2023 2022 2021 2020 2019 2018 2017 2016 2015 2014 2013 2012 2011
Revenue $160.5M $131.7M $137.7M $137.2M $130.9M $127.1M $139.0M $169.9M $145.2M $107.1M $85.70M $77.50M $52.50M
YoY Change 21.89% -4.42% 0.4% 4.81% 2.99% -8.56% -18.19% 17.01% 35.57% 24.97% 10.58% 47.62%

Expenses

Cost Of Revenues

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Gross Profit

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Gross Profit Margin

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Gross Profit

Concept 2023 2022 2021 2020 2019 2018 2017 2016 2015 2014 2013 2012 2011
Revenue $160.5M $131.7M $137.7M $137.2M $130.9M $127.1M $139.0M $169.9M $145.2M $107.1M $85.70M $77.50M $52.50M
Cost Of Revenue $37.75M $32.73M $32.30M $31.80M $31.10M $27.80M $30.70M $29.40M $26.00M $19.10M $13.60M $19.20M $12.70M
Gross Profit $122.7M $98.92M $105.4M $105.3M $99.80M $99.30M $108.3M $140.4M $119.2M $88.00M $72.10M $58.30M $39.80M
Gross Profit Margin 76.48% 75.14% 76.55% 76.75% 76.24% 78.13% 77.91% 82.64% 82.09% 82.17% 84.13% 75.23% 75.81%

Selling, General & Admin Expense

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Research & Development

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Depreciation, Depletion & Amortization

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SGA Expense to Gross Profit Ratio

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R&D To Gross Profit Ratio

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DDA To Gross Profit Ratio

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Operating Expenses Total

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Operating Profits/Loss

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Operational Expenses

Concept 2023 2022 2021 2020 2019 2018 2017 2016 2015 2014 2013 2012 2011
Selling, General & Admin $8.421M $8.990M $9.128M $9.300M $9.200M $8.600M $7.800M $7.900M $6.700M $5.500M $3.100M $2.900M $2.600M
YoY Change -6.33% -1.51% -1.85% 1.09% 6.98% 10.26% -1.27% 17.91% 21.82% 77.42% 6.9% 11.54%
% of Gross Profit 6.86% 9.09% 8.66% 8.83% 9.22% 8.66% 7.2% 5.63% 5.62% 6.25% 4.3% 4.97% 6.53%
Research & Development
YoY Change
% of Gross Profit
Depreciation & Amortization $31.95M $31.81M $31.71M $31.80M $30.70M $30.30M $30.30M $30.40M $24.40M $17.80M $13.60M $13.60M $13.60M
YoY Change 0.44% 0.3% -0.28% 3.58% 1.32% 0.0% -0.33% 24.59% 37.08% 30.88% 0.0% 0.0%
% of Gross Profit 26.03% 32.15% 30.07% 30.2% 30.76% 30.51% 27.98% 21.65% 20.47% 20.23% 18.86% 23.33% 34.17%
Operating Expenses $58.02M $53.59M $40.84M $41.10M $39.90M $46.40M $44.30M $38.40M $31.10M $23.30M $16.70M $18.60M $16.20M
YoY Change 8.27% 31.22% -0.64% 3.01% -14.01% 4.74% 15.36% 23.47% 33.48% 39.52% -10.22% 14.81%
Operating Profit $64.71M $45.34M $64.61M $64.20M $59.90M $52.90M $64.00M $102.0M $88.10M $64.70M $55.40M $39.70M $23.60M
YoY Change 42.74% -29.83% 0.64% 7.18% 13.23% -17.34% -37.25% 15.78% 36.17% 16.79% 39.55% 68.22%

Interest Expenses

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Interest Expenses To Operating Income %

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Other Expense/Income

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Interest & Other Expense/Income

Concept 2023 2022 2021 2020 2019 2018 2017 2016 2015 2014 2013 2012 2011
Interest Expense -$31.35M $27.91M -$10.94M -$29.60M -$47.50M -$49.10M -$45.00M -$34.90M -$27.40M -$13.90M -$9.300M -$9.800M -$4.800M
YoY Change -212.32% -355.06% -63.03% -37.68% -3.26% 9.11% 28.94% 27.37% 97.12% 49.46% -5.1% 104.17%
% of Operating Profit -48.44% 61.56% -16.94% -46.11% -79.3% -92.82% -70.31% -34.22% -31.1% -21.48% -16.79% -24.69% -20.34%
Other Income/Expense, Net $2.663M $8.673M -$408.0K -$600.0K -$8.800M -$300.0K -$1.600M -$400.0K -$600.0K -$200.0K -$500.0K -$100.0K -$100.0K
YoY Change -69.3% -2225.74% -32.0% -93.18% 2833.33% -81.25% 300.0% -33.33% 200.0% -60.0% 400.0% 0.0%

Income/Loss

Pretax Income

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Income Tax

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Net Profits/Loss

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Pretax Income YoY Change

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Income Tax Rate

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Net Profits/Loss YoY Change

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Basic EPS

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Net Income To Revenue Ratio

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Pretax & Net Income

Concept 2023 2022 2021 2020 2019 2018 2017 2016 2015 2014 2013 2012 2011
Pretax Income $35.87M $54.01M $53.26M $34.10M $3.600M $3.600M $17.30M $66.90M $60.10M $50.60M $45.60M $29.80M $18.80M
YoY Change -33.58% 1.41% 56.19% 847.22% 0.0% -79.19% -74.14% 11.31% 18.77% 10.96% 53.02% 58.51%
Income Tax $0.00 $0.00 $0.00 $0.00
% Of Pretax Income 0.0% 0.0% 0.0% 0.0%
Net Earnings $35.87M $54.01M $53.26M $34.10M $3.600M $3.600M $17.30M $66.90M $60.10M $50.60M $45.60M $29.80M $18.80M
YoY Change -33.58% 1.41% 56.19% 847.22% 0.0% -79.19% -74.14% 11.31% 18.77% 10.96% 53.02% 58.51%
Net Earnings / Revenue 22.35% 41.02% 38.67% 24.85% 2.75% 2.83% 12.45% 39.38% 41.39% 47.25% 53.21% 38.45% 35.81%
Basic Earnings Per Share $0.66 $1.15 $1.14
Diluted Earnings Per Share $0.97 $1.15 $1.459M $960.6K $101.4K $101.4K $501.4K $3.263M $2.932M $2.811M $2.009M $993.3K $626.7K

Assets & Liabilities

Cash & Short-Term Investments

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Cash & Equivalents

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Cash To Operating Expenses Ratio

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Inventory

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Receivables

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Total Short-Term Assets

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Property, Plant And Equipment

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Long-Term Investments

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Total Long-Term Assets

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Total Assets

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Net Income To Total Assets Percentage

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Accounts Payable

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Short-Term Debt

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Long Term Debt Due

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Total Short-Term Liabilities

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Long-Term Debt

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Other Long-Term Liabilities

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Total Long-Term Liabilities

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Total Liabilities

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Short-Term To Long-Term Debt Ratio

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Short-Term Assets To Debt Ratio

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Long-Term Debt To Net Income Ratio

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Assets & Liabilities

Concept 2023 2022 2021 2020 2019 2018 2017 2016 2015 2014 2013 2012 2011
Cash & Short-Term Investments $73.75M $48.60M $47.02M $25.00M $16.20M $109.9M $67.50M $57.60M $24.30M $11.90M $5.700M
YoY Change 51.76% 3.37% 88.06% 54.32% -85.26% 62.81% 17.19% 137.04% 104.2% 108.77%
Cash & Equivalents $73.75M $48.60M $47.02M $25.00M $16.20M $109.9M $67.50M $57.60M $24.30M $11.90M $5.700M
Short-Term Investments
Other Short-Term Assets $31.51M $2.127M $2.598M $900.0K $1.100M $700.0K $1.100M $800.0K $600.0K $700.0K $500.0K $8.600M $3.000M
YoY Change 1381.19% -18.13% 188.67% -18.18% 57.14% -36.36% 37.5% 33.33% -14.29% 40.0% -94.19% 186.67%
Inventory $751.0K $885.0K $909.0K $800.0K $700.0K $1.200M $800.0K $800.0K $300.0K $400.0K
Prepaid Expenses
Receivables $709.0K $67.00K $90.00K $400.0K $100.0K $0.00 $200.0K $100.0K $100.0K $0.00 $400.0K $500.0K
Other Receivables $0.00 $22.54M $555.0K $0.00 $0.00 $1.100M $800.0K $900.0K $500.0K $900.0K $0.00 $0.00
Total Short-Term Assets $106.6M $74.22M $51.17M $27.10M $18.20M $113.0M $70.40M $60.20M $25.80M $13.90M $7.600M $9.000M $3.500M
YoY Change 43.63% 45.06% 88.81% 48.9% -83.89% 60.51% 16.94% 133.33% 85.61% 82.89% -15.56% 157.14%
Property, Plant & Equipment $797.4M $825.1M $853.2M $884.9M $916.7M $947.4M $977.3M $1.008B $1.036B $839.9M $453.2M $466.8M $480.4M
YoY Change -3.36% -3.29% -3.58% -3.47% -3.24% -3.06% -3.01% -2.76% 23.37% 85.33% -2.91% -2.83%
Goodwill
YoY Change
Intangibles
YoY Change
Long-Term Investments
YoY Change
Other Assets $4.943M $46.60M $61.12M $53.80M $54.30M $3.100M $6.600M $38.90M $46.10M $26.10M $28.00M $500.0K $500.0K
YoY Change -89.39% -23.77% 13.61% -0.92% 1651.61% -53.03% -83.03% -15.62% 76.63% -6.79% 5500.0% 0.0%
Total Long-Term Assets $802.3M $873.5M $914.3M $938.7M $971.0M $950.4M $983.9M $1.047B $1.082B $866.0M $481.1M $467.3M $480.9M
YoY Change -8.15% -4.46% -2.6% -3.33% 2.17% -3.4% -5.98% -3.31% 24.98% 80.0% 2.95% -2.83%
Total Assets $908.9M $947.7M $965.5M $965.8M $989.2M $1.063B $1.054B $1.107B $1.108B $879.9M $488.7M $476.3M $484.4M
YoY Change
Accounts Payable $13.82M $8.035M $5.653M $4.400M $5.500M $5.700M $4.500M $3.100M $4.900M $2.400M $3.700M $5.000M $1.200M
YoY Change 71.94% 42.14% 28.48% -20.0% -3.51% 26.67% 45.16% -36.73% 104.17% -35.14% -26.0% 316.67%
Accrued Expenses $3.291M $2.656M $1.421M $1.700M $1.600M $4.200M $4.100M $3.800M $3.600M $3.700M $1.000M $2.100M $2.800M
YoY Change 23.91% 86.91% -16.41% 6.25% -61.9% 2.44% 7.89% 5.56% -2.7% 270.0% -52.38% -25.0%
Deferred Revenue
YoY Change
Short-Term Debt $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00
YoY Change
Long-Term Debt Due $419.6M $46.25M $45.95M $45.70M $45.50M $251.8M $2.700M $31.70M $27.50M $19.60M $0.00 $380.7M $285.6M
YoY Change 807.17% 0.66% 0.54% 0.44% -81.93% 9225.93% -91.48% 15.27% 40.31% -100.0% 33.3%
Total Short-Term Liabilities $39.18M $70.27M $64.93M $62.80M $64.60M $272.7M $22.90M $53.10M $51.40M $32.80M $14.90M $398.4M $439.0M
YoY Change -44.25% 8.23% 3.39% -2.79% -76.31% 1090.83% -56.87% 3.31% 56.71% 120.13% -96.26% -9.25%
Long-Term Debt $419.6M $450.8M $516.0M $562.0M $607.7M $461.1M $711.7M $684.7M $652.8M $547.9M $214.1M $0.00 $0.00
YoY Change -6.92% -12.64% -8.18% -7.52% 31.79% -35.21% 3.94% 4.89% 19.15% 155.91%
Other Long-Term Liabilities $1.912M $2.730M $3.050M $4.500M $3.200M $3.100M $1.400M $1.000M $36.10M $1.400M $2.000M $2.700M $0.00
YoY Change -29.96% -10.49% -32.22% 40.63% 3.23% 121.43% 40.0% -97.23% 2478.57% -30.0% -25.93%
Total Long-Term Liabilities $421.5M $453.5M $519.1M $566.5M $610.9M $464.2M $713.1M $685.7M $688.9M $549.3M $216.1M $2.700M $0.00
YoY Change -7.06% -12.63% -8.37% -7.27% 31.6% -34.9% 4.0% -0.46% 25.41% 154.19% 7903.7%
Total Liabilities $460.7M $523.8M $584.0M $629.3M $675.5M $737.0M $736.0M $738.8M $740.3M $582.2M $231.0M $401.1M $439.0M
YoY Change -12.05% -10.31% -7.2% -6.84% -8.34% 0.14% -0.38% -0.2% 27.16% 152.03% -42.41% -8.63%

Ownership

Basic Shares Outstanding

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Diluted Shares Outstanding

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Preferred Stock

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Treasury Stock Shares

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Stock Issuance & Repurchase

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Ownership Data

Concept 2023 2022 2021 2020 2019 2018 2017 2016 2015 2014 2013 2012 2011
Basic Shares Outstanding 36.80M 36.80M 36.50M
Diluted Shares Outstanding 36.80M 36.80M 36.50M
Preferred Stock
Treasury Stock Shares

Return On Shareholders' Equity

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Book Value

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Free Cash Flow

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Free Cash Flow YoY

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Free Cash Flow Margin

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Dividends

Dividends

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Stock Price

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Market Cap: $167.61 Million

About Dynagas LNG Partners LP

Dynagas LNG Partners LP engages in the provision of seaborne transportation services. The firm's vessels are employed on multi-year time charters with international energy companies. As of December 31, 2016, the Company owned and operated a fleet of six LNG carriers, consisting of the three LNG carriers in its Initial Fleet, the Clean Energy, the Ob River and the Amur River, and three 2013-built Ice Class LNG carriers that the Company acquired from its Sponsor the Arctic Aurora, the Yenisei River, and the Lena River (collectively referred as its Fleet). The vessels in its Fleet have an average age of 6.6 years and are contracted under multi-year charters with Shell, Gazprom, Statoil and Yamal with an average remaining charter term, as of March 17, 2017, of approximately 10.6 years, including the charter agreements relating to the Yenisei River and the Lena River with Yamal. The firm's Fleet is managed by its manager, Dynagas Ltd.

Industry: Water Transportation Peers: Scorpio Tankers Inc.