Blue Dolphin Energy Co

Blue Dolphin Energy Co has a debt-to-equity ratio of 1.0, indicating a balanced capital structure where debt and equity are equally weighted. The company's liquidity position is characterized as medium risk, with a current ratio of 1.01, suggesting limited short-term liquidity cushion. Free cash flow of $7.33 million indicates some capacity to fund operations or reduce debt, but operating cash flow of -$6.25 million highlights ongoing operational cash outflows.

Profitability metrics show a return on equity of 13.74% and a return on assets of 6.11%, both below the industry median for refining and marketing firms. The net income of $6.62 million is modest relative to revenue of $91.02 million, indicating thin margins. Gross profit of $11.83 million and operating income of $9.83 million suggest the company is operating in a highly competitive and margin-pressured environment.

The company's geographic and segment exposure is not disclosed in the available data, but the business model is concentrated in oil and gas refining and marketing. This implies a high degree of exposure to commodity price volatility and regional demand shifts.

Outlook data is not available for the next fiscal year, but the company's recent performance shows a decline in earnings, with the last actual EPS at -$1.19. This suggests a challenging operating environment, potentially driven by lower refining margins or higher input costs.

Risk factors include medium liquidity risk and a negative net cash position after subtracting total debt. The dilution risk is assessed as low, with no significant dilution expected in the near term. However, the company's reliance on fossil fuels exposes it to regulatory and environmental risks, particularly in markets with tightening emissions standards.

Recent events include a negative EPS report, which may signal operational challenges or market pressures. No recent filings or transcripts are available to provide further insight into the company's strategic direction or operational performance.

Dilution risk is assessed as low, suggesting limited immediate threat to existing shareholder equity value.

Cash conversion ratio of -0.94 falls into the bottom quartile, indicating poor cash generation relative to peers.

Current ratio of 0.64 signals significant short-term liquidity constraints and potential inability to meet immediate obligations.

Debt-to-equity ratio of 2.62 is classified as high leverage, increasing financial risk and interest burden.

Revenue declined 12.0% year-over-year to $279.4 million, reflecting weakening top-line performance in the latest period.

The company faces medium liquidity and credit risks, highlighting potential challenges in debt servicing and operations.

Revenue $82.1M; Operating income -$4.8M.

• ▍Revenue $82.1M
• ▍Operating income -$4.8M
• ▍Net margin -6.1%

Revenue $69.7M; Operating income -$6.6M.

• ▍Revenue $69.7M
• ▍Operating income -$6.6M
• ▍Net margin -9.1%

Revenue $91.0M; Operating income $9.8M.

• ▍Revenue $91.0M
• ▍Operating income $9.8M
• ▍Net margin 7.3%

Revenue $317.5M, −19,8% YoY; Operating income −111,8% YoY.

• ▍Revenue $317.5M, −19,8% YoY
• ▍Operating income −111,8% YoY
• ▍Net income −127,8% YoY
• ▍Free cash flow −117,4% YoY
• ▍Net margin -2.7%

Revenue $396.0M, −18,8% YoY; Operating income −6,9% YoY.

• ▍Revenue $396.0M, −18,8% YoY
• ▍Operating income −6,9% YoY
• ▍Net income −5,7% YoY
• ▍Free cash flow −5,3% YoY
• ▍Net margin 7.8%

Revenue $487.5M, +62,1% YoY; Operating income +688,2% YoY.

• ▍Revenue $487.5M, +62,1% YoY
• ▍Operating income +688,2% YoY
• ▍Net income +356,1% YoY
• ▍Free cash flow +453,7% YoY
• ▍Net margin 6.7%

Revenue $300.8M; Operating income -$6.6M.

• ▍Revenue $300.8M
• ▍Operating income -$6.6M
• ▍Net margin -4.3%