BW LPG Limited (BWLP) quarterly balance sheet — complete assets, liabilities & equity history
| Metric | Q1'26 | Q4'25 | Q3'25 | Q2'25 | Q1'25 | Q4'24 | Q3'24 | Q2'24 | Q1'24 | Q4'23 | Q3'23 | Q2'23 | Q1'23 | Q4'22 | Q3'22 | Q2'22 | Q1'22 | Q4'21 | Q3'21 |
|---|
| Total Current Assets | 867.71M | 636.72M | 796.16M | 793.39M | 721.97M | 677.93M | 875.09M | 638.33M | 652.78M | 876.1M | 656.52M | 539.94M | 875.72M | 743.79M | 428.81M | 446.67M | 538.67M | 451.81M | 380.67M |
| Cash & Short-Term Investments | 289.02M | 243.58M | 294.7M | 323.1M | 282.95M | 282.45M | 316.27M | 267.06M | 331.29M | 289.95M | 301.14M | 333.2M | 331.95M | 240.45M | 136.66M | 171.17M | 356.1M | 135.75M | 142.62M |
| Cash Only | 274.46M | 241.99M | 293.1M | 321.5M | 280.19M | 279.68M | 313.5M | 264.29M | 328.94M | 286.69M | 297.88M | 329.94M | 328.68M | 237.17M | 133.38M | 167.93M | 352.87M | 132.51M | 139.38M |
| Short-Term Investments | 14.56M | 1.6M | 1.6M | 1.6M | 2.77M | 2.77M | 2.77M | 2.77M | 2.35M | 3.26M | 3.25M | 3.26M | 3.27M | 3.29M | 3.27M | 3.24M | 3.23M | 3.25M | 3.24M |
| Accounts Receivable | 186.39M | 243.3M | 276.31M | 359.48M | 278.49M | 211.2M | 269.71M | 269.82M | 187.68M | 275.95M | 246.67M | 147.73M | 347.39M | 168.48M | 198.01M | 177.64M | 97.98M | 169.44M | 156.57M |
| Days Sales Outstanding | 22.96 | 32.62 | 30.65 | 27.26 | 24.31 | 27.07 | 30.47 | 23.59 | 20.89 | 25.64 | 25.95 | 49.26 | 26.57 | 29.99 | 57.14 | 36.88 | 41.14 | 82.71 | 365.17 |
| Inventory | 107.45M | 123.87M | 124.88M | 36.87M | 95.85M | 76.71M | 114.51M | 70.54M | 96.77M | 188.03M | 108.57M | 56.88M | 94.26M | 114.44M | 47.59M | 49.05M | 30.23M | 54.52M | 61.45M |
| Days Inventory Outstanding | 18.54 | 20.44 | 8.99 | 6.38 | 9.72 | 12.19 | 13.38 | 10.17 | 15.5 | 19.66 | 14.33 | 19.32 | 13.29 | 18.11 | 20.28 | 13.79 | 18.88 | 49.95 | 251.63 |
| Other Current Assets | 284.85M | 25.95M | 100.28M | 73.93M | 64.67M | 107.57M | 174.6M | 30.92M | 36.51M | 108.11M | 1.63M | 0 | 102.15M | 136.1M | 46.51M | 49.59M | 55.47M | 81.11M | 20.56M |
| Total Non-Current Assets | 2.48B | 2.52B | 2.54B | 2.6B | 2.63B | 2.64B | 1.66B | 1.6B | 1.66B | 1.64B | 1.69B | 1.73B | 1.73B | 1.81B | 1.73B | 1.79B | 1.84B | 1.91B | 1.97B |
| Property, Plant & Equipment | 2.47B | 2.48B | 2.5B | 2.56B | 2.6B | 2.6B | 1.6B | 1.53B | 1.59B | 1.6B | 1.65B | 1.69B | 1.68B | 1.76B | 1.68B | 1.75B | 1.81B | 1.9B | 1.95B |
| Fixed Asset Turnover | 0.34x | 0.29x | 0.38x | 0.41x | 0.35x | 0.39x | 0.52x | 0.57x | 0.63x | 0.58x | 0.42x | 0.27x | 0.51x | 0.33x | 0.18x | 0.19x | 0.16x | 0.09x | 0.08x |
| Goodwill | 0 | 355.97K | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Intangible Assets | 297.5K | 0 | 323K | 374.64K | 426K | 636K | 848K | 1.06M | 1.27M | 1.24M | 1.44M | 1.61M | 1.3M | 1.37M | 1.53M | 0 | 0 | 0 | 0 |
| Long-Term Investments | 14.51M | 29.2M | 14.64M | 30.72M | 15.78M | 23.43M | 29.39M | 28.06M | 64.37M | 24.44M | 27.27M | 36.11M | 36.71M | 42.54M | 46.28M | 34.18M | 30.48M | 10.51M | 12.4M |
| Other Non-Current Assets | 0 | 0 | 26.15M | -642 | 13.14M | 18.33M | 17.99M | 35.2M | 3.06K | -3.68K | -8.54K | -4.82K | -445 | 5.91K | 46.24M | 1.62M | 1.75M | 1.88M | 1.92M |
| Total Assets | 3.35B | 3.15B | 3.34B | 3.39B | 3.35B | 3.32B | 2.53B | 2.24B | 2.31B | 2.51B | 2.34B | 2.27B | 2.6B | 2.55B | 2.16B | 2.23B | 2.38B | 2.36B | 2.35B |
| Asset Turnover | 0.26x | 0.23x | 0.28x | 0.32x | 0.27x | 0.28x | 0.34x | 0.39x | 0.42x | 0.39x | 0.30x | 0.19x | 0.34x | 0.24x | 0.14x | 0.15x | 0.12x | 0.08x | 0.07x |
| Asset Growth % | -0.19% | -5% | 31.95% | 51.57% | 45.18% | 32.13% | 8.07% | -1.63% | -11.24% | -1.51% | 8.57% | 1.77% | 9.31% | 8.05% | -8.08% | - | - | - | - |
| Total Current Liabilities | 590.09M | 425.56M | 541.49M | 622.34M | 589.61M | 610.11M | 654.33M | 391.28M | 369.24M | 653.4M | 541.11M | 327.58M | 540.35M | 514.17M | 226.72M | 309.01M | 280.23M | 219.23M | 223.65M |
| Accounts Payable | 204.87M | 212.65M | 240.62M | 267.25M | 239.83M | 97.74M | 169.45M | 156.85M | 158.86M | 222M | 131.21M | 91.01M | 264.59M | 165.86M | 50.66M | 59.86M | 37.3M | 38.57M | 81.88M |
| Days Payables Outstanding | 33.46 | 37.25 | 28.21 | 24.36 | 19.02 | 17.03 | 23.6 | 19.2 | 20.73 | 23.41 | 19.25 | 45.46 | 27.4 | 24.2 | 23.19 | 16.9 | 16.9 | 51.88 | 335.28 |
| Short-Term Debt | 174.34M | 122.71M | 164.71M | 214.59M | 129.02M | 230.34M | 207.31M | 132.07M | 88.44M | 212.43M | 197.92M | 78.72M | 133.37M | 116.15M | 125.32M | 169.39M | 152.35M | 82.51M | 71.33M |
| Deferred Revenue (Current) | 0 | 0 | 0 | 0 | 0 | 1.34M | 0 | 0 | 11.91M | 3.83M | 1.03M | 2.82M | 3.53M | 2.84M | 1.04M | 751.44K | 408.98K | 1.23M | 1.05M |
| Other Current Liabilities | 191.61M | 24.38M | 72.16M | 54.12M | 52.35M | 25.53M | 102.09M | 21.24M | 36.49M | 102.43M | 83.35M | 37.99M | 7.19M | 65.95M | 6.05M | 43.29M | 50.66M | 17.96M | 20.33M |
| Current Ratio | 1.47x | 1.50x | 1.47x | 1.27x | 1.22x | 1.11x | 1.34x | 1.63x | 1.77x | 1.34x | 1.21x | 1.65x | 1.62x | 1.45x | 1.89x | 1.45x | 1.92x | 2.06x | 1.70x |
| Quick Ratio | 1.29x | 1.21x | 1.24x | 1.22x | 1.06x | 0.99x | 1.16x | 1.45x | 1.51x | 1.05x | 1.01x | 1.47x | 1.45x | 1.22x | 1.68x | 1.29x | 1.81x | 1.81x | 1.43x |
| Cash Conversion Cycle | 8.04 | 15.81 | 11.42 | 9.28 | 15.01 | 22.23 | 20.25 | 14.57 | 15.67 | 21.88 | 21.03 | 23.12 | 12.46 | 23.9 | 54.23 | 33.77 | 43.12 | 80.78 | 281.53 |
| Total Non-Current Liabilities | 728.13M | 803.57M | 865.31M | 853.39M | 849.47M | 772.82M | 239.38M | 244.81M | 272.24M | 278.13M | 287.71M | 419.83M | 447.37M | 471.45M | 439.07M | 445.18M | 644.83M | 757.93M | 786.13M |
| Long-Term Debt | 666.46M | 730.33M | 801.23M | 812.37M | 804.9M | 711.66M | 160.12M | 173.27M | 187.04M | 199.32M | 212.38M | 331.8M | 347.38M | 362.22M | 376.85M | 376.86M | 570.25M | 659.78M | 675.69M |
| Capital Lease Obligations | 61.58M | 72.83M | 64.08M | 41.02M | 44.58M | 60.59M | 79.26M | 70.98M | 85.19M | 78.13M | 74.65M | 87.02M | 99.99M | 106.28M | 61.56M | 69.83M | 78.03M | 86.14M | 94.17M |
| Deferred Tax Liabilities | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Other Non-Current Liabilities | 101.51K | 410.96K | 0 | 0 | 0 | 569K | 0 | 569K | -654.69K | 676.99K | 677.95K | 1.01M | 0 | 2.95M | 666.48K | 0 | 1.32M | 12.96M | 18.6M |
| Total Liabilities | 1.32B | 1.23B | 1.41B | 1.48B | 1.44B | 1.38B | 893.7M | 636.1M | 641.47M | 931.53M | 828.81M | 747.41M | 987.73M | 985.62M | 665.79M | 754.19M | 925.05M | 977.15M | 1.01B |
| Total Debt | 902.38M | 990.15M | 1.09B | 1.14B | 1.13B | 1.17B | 602.2M | 450.13M | 445.65M | 568.5M | 614.85M | 617.78M | 715.85M | 724.15M | 608.91M | 651.11M | 836.43M | 873.73M | 889.33M |
| Net Debt | 627.92M | 748.17M | 799.39M | 814.26M | 847.97M | 893.62M | 288.71M | 185.83M | 116.71M | 281.81M | 316.96M | 287.84M | 387.17M | 486.98M | 475.53M | 483.17M | 483.56M | 741.22M | 749.96M |
| Debt / Equity | 0.44x | 0.51x | 0.57x | 0.59x | 0.59x | 0.61x | 0.37x | 0.28x | 0.27x | 0.36x | 0.41x | 0.40x | 0.44x | 0.46x | 0.41x | 0.44x | 0.57x | 0.63x | 0.67x |
| Debt / EBITDA | 3.19x | 5.45x | 7.95x | 8.98x | 9.71x | 11.69x | 3.14x | 3.31x | 2.49x | 2.32x | 3.41x | 5.69x | 4.13x | 5.06x | 7.20x | 8.26x | 8.90x | 11.42x | 13.47x |
| Net Debt / EBITDA | 2.22x | 4.12x | 5.82x | 6.44x | 7.30x | 8.90x | 1.50x | 1.37x | 0.65x | 1.15x | 1.76x | 2.65x | 2.23x | 3.40x | 5.62x | 6.13x | 5.15x | 9.68x | 11.36x |
| Interest Coverage | 23.46x | 11.05x | 5.43x | 4.66x | 5.26x | 6.48x | 30.00x | 19.30x | 29.78x | 27.66x | 15.00x | 11.16x | 20.77x | 15.24x | 7.38x | 5.10x | 7.62x | 7.49x | 3.83x |
| Total Equity | 2.03B | 1.93B | 1.93B | 1.91B | 1.92B | 1.94B | 1.64B | 1.6B | 1.67B | 1.58B | 1.51B | 1.53B | 1.62B | 1.57B | 1.49B | 1.48B | 1.46B | 1.38B | 1.34B |
| Equity Growth % | 5.98% | -0.63% | 18.04% | 19.65% | 14.75% | 22.51% | 8.2% | 4.83% | 3.32% | 1% | 1.47% | 3.13% | 10.92% | 13.13% | 11.55% | - | - | - | - |
| Book Value per Share | 13.37 | 12.68 | 12.72 | 12.62 | 12.60 | 13.88 | 12.34 | 12.05 | 12.64 | 12.07 | 11.45 | 11.47 | 12.09 | 11.74 | 10.99 | 10.89 | 10.79 | 10.11 | 9.67 |
| Total Shareholders' Equity | 1.91B | 1.83B | 1.79B | 1.77B | 1.78B | 1.81B | 1.51B | 1.49B | 1.55B | 1.47B | 1.4B | 1.42B | 1.51B | 1.46B | 1.4B | 1.39B | 1.39B | 1.37B | 1.32B |
| Common Stock | 623.01M | 619.81M | 619.87M | 620.93M | 619.87M | 619.87M | 287.25M | 1.4M | 1.4M | 1.4M | 1.39M | 1.41M | 1.42M | 1.43M | 1.42M | 1.41M | 1.41M | 1.42M | 1.41M |
| Retained Earnings | 687.23M | 605.15M | 558.49M | 541.85M | 548.4M | 565.79M | 596.54M | 575.93M | 632.37M | 607.67M | 560.81M | 563.81M | 615.28M | 559.4M | 499.45M | 480.57M | 485.7M | 460.07M | 410.6M |
| Treasury Stock | -47.62M | -50.37M | -50.37M | -50.46M | -47.63M | -48.26M | -48.39M | -51.54M | -52.63M | -56.44M | -57.65M | -66.21M | -56.27M | -47.63M | -47.66M | -34.45M | -36.53M | -23.29M | -15.96M |
| Accumulated OCI | 648.07M | 658.14M | 658.29M | 656.8M | 657.5M | 667.76M | 658.58M | -10.38M | -2.61M | -56.49M | 609.43M | -53.34M | -30.4M | 658.18M | -28.62M | -32.43M | 651.04M | -42.44M | -45.58M |
| Minority Interest | 119.08M | 95.54M | 146.47M | 145.8M | 137.01M | 132.46M | 123.6M | 113.3M | 116.45M | 116.1M | 114.67M | 107.87M | 109.86M | 103.61M | 90.24M | 92.56M | 66.75M | 13.82M | 13.36M |