Diana Shipping Financials

DSX Stock  USD 2.14  0.04  1.90%   
Based on the key indicators obtained from Diana Shipping's historical financial statements, Diana Shipping is performing exceptionally good at this time. It has a great risk to report excellent financial results in December. At this time, Diana Shipping's Current Deferred Revenue is fairly stable compared to the past year. Net Receivables is likely to rise to about 8.6 M in 2024, whereas Total Assets are likely to drop slightly above 1.2 B in 2024. Key indicators impacting Diana Shipping's financial strength include:
Current ValueLast YearChange From Last Year 10 Year Trend
Debt Equity Ratio0.91.0631
Fairly Down
Very volatile
Current Ratio3.632.1404
Way Up
Slightly volatile
Investors should never underestimate Diana Shipping's ability to pay suppliers on time, ensure interest payments are not accumulating, and correctly time where and how to reinvest extra cash. Individual investors need to monitor Diana Shipping's cash flow, debt, and profitability to make informed and accurate decisions about investing in Diana Shipping.

Cash And Equivalents

108.37 Million

  
Understanding current and past Diana Shipping Financials, including the trends in assets, liabilities, equity and income are directly related to making proper and timely investing decisions. All of Diana Shipping's financial statements are interrelated, with each one affecting the others. For example, an increase in Diana Shipping's assets may result in an increase in income on the income statement.
Please note, the imprecision that can be found in Diana Shipping's accounting process means that the reasonable investor should take a skeptical approach toward the financial statement analysis of Diana Shipping. Check Diana Shipping's Beneish M Score to see the likelihood of Diana Shipping's management manipulating its earnings.

Diana Shipping Stock Summary

Diana Shipping competes with Star Bulk, Golden Ocean, Global Ship, Genco Shipping, and Danaos. Diana Shipping Inc. provides shipping transportation services. Diana Shipping Inc. was incorporated in 1999 and is based in Athens, Greece. Diana Shipping operates under Marine Shipping classification in the United States and is traded on New York Stock Exchange. It employs 819 people.
Specialization
Industrials, Marine Shipping
InstrumentUSA Stock View All
ExchangeNew York Stock Exchange
ISINMHY2066G1044
CUSIPY2066G104
LocationGreece
Business AddressPendelis 16, Athens,
SectorMarine Transportation
IndustryIndustrials
BenchmarkDow Jones Industrial
Websitewww.dianashippinginc.com
Phone30 210 94 70 100
CurrencyUSD - US Dollar

Diana Shipping Key Financial Ratios

Diana Shipping Key Balance Sheet Accounts

201920202021202220232024 (projected)
Total Assets1.1B872.4M842.2M1.2B1.2B1.2B
Other Current Liab11.4M11.0M8.5M21.1M13.2M13.8M
Net Debt367.7M337.4M296.9M611.0M541.2M568.2M
Cash107.3M82.9M126.8M143.9M101.6M148.2M
Other Current Assets29.8M41.8M15.6M6.7M8.8M17.4M
Total Liab501.2M443.8M448.8M695.6M677.4M412.9M
Total Current Assets137.0M124.7M142.4M161.6M182.2M170.0M
Other Liab986K1.2M25.1M133.0M153.0M160.6M
Retained Earnings(452.6M)(592.6M)(590.3M)(575.0M)(613.9M)(583.2M)
Accounts Payable11.4M8.6M9.8M11.2M9.7M7.5M
Other Assets28.2M29.9M9.6M16.4M18.9M19.1M
Long Term Debt434.7M420.3M423.7M663.4M461.1M368.7M
Inventory5.5M4.7M6.1M4.5M5.1M4.4M
Common Stock1.0M912K893K1.0M1.1M836.1K
Net Receivables7.9M6.4M3.8M6.3M6.0M8.6M
Short Term Debt40.2M39.2M41.1M91.5M58.7M53.6M
Net Tangible Assets570.0M428.5M393.4M487.3M438.6M635.4M
Short Long Term Debt40.2M39.2M41.1M91.5M49.5M75.3M
Long Term Debt Total434.7M420.3M423.7M663.4M597.1M400.9M
Capital Surpluse1.0B1.0B982.5M1.1B1.2B1.1B

Diana Shipping Key Income Statement Accounts

An income statement is very similar to a cash flow statement, but instead of showing net revenue minus expenses, it only includes earnings before interest and taxes (EBIT). This number does not have all of the same line items that are on a cash flow statement, but it leaves out non-cash expenses like depreciation and amortization. For example, if you bought $100 worth of goods from Walmart (WMT) using your debit card that has an interest rate of 20%, then paid off the balance at the end of the month with a credit card that charges 30% interest, you would have an income statement showing EBIT of $80 because your expenses are lower than the amount that went into your pocket.
201920202021202220232024 (projected)
Interest Expense29.4M21.5M20.2M27.4M49.3M51.8M
Total Revenue220.7M169.7M214.2M290.0M262.1M191.8M
Gross Profit67.7M27.4M93.4M167.7M113.2M63.1M
Operating Income(9.8M)(7.2M)21.8M98.4M85.7M90.0M
Ebit(9.8M)(111.0M)80.4M145.6M99.2M104.1M
Ebitda39.1M(68.0M)120.9M188.9M149.0M156.4M
Income Before Tax(10.5M)(134.2M)57.4M119.1M49.8M52.3M
Net Income10.5M(112.7M)77.6M119.1M49.8M52.3M
Income Tax Expense(21.1M)(21.5M)(20.3M)(5.7M)262.0K248.9K
Cost Of Revenue153.0M142.4M120.8M122.3M148.9M110.3M
Interest Income27.8M21.9M5.1M2.7M7.5M7.1M
Net Interest Income(26.6M)(20.8M)(20.1M)(24.7M)(39.0M)(37.0M)

Diana Shipping Key Cash Accounts

Cash flow analysis captures how much money flows into and out of Diana Shipping. It measures of how well Diana is doing because it can show the actual money that comes into and out of the Company from sales instead of measuring expenses against revenue to determine earnings. You have to read the cash flow statement in three sections. The first section shows how much money Diana Shipping brought in, usually known as net revenue or sales. This is different from earnings because it does not include expenses when determining net revenue for use on this part of the cash flow statement. Next, are operating activities, which show how much money Diana had leftover after paying for its expenses. This number can be calculated in two ways: by subtracting the total of all operating expenses from net revenue or by adding up changes to cash and other assets or liabilities on this part of the statement. The third section is about investing activities, which shows what Diana Shipping has done with the money that it received from the sale of assets or what it spent to acquire new ones. This section can be broken down into two parts: investing in existing businesses (in other words, buying more stock) and investing in non-business activities like paying off debt or making acquisitions.
201920202021202220232024 (projected)
Change In Cash(23.1M)(45.4M)43.9M(29.4M)25.2M26.4M
Free Cash Flow47.0M11.1M70.7M(72.1M)36.9M38.8M
Depreciation48.9M43.0M40.5M43.3M49.8M47.0M
Other Non Cash Items3.5M1.5M4.8M(8.5M)10.2M10.7M
Capital Expenditures2.9M6.1M19.0M231.0M31.7M30.2M
Net Income(10.5M)(134.2M)57.4M119.1M49.8M52.3M
End Period Cash Flow128.3M82.9M126.8M97.4M101.6M149.2M
Change To Inventory309K809K(1.6M)1.8M(511K)(485.5K)
Net Borrowings(56.6M)(54.8M)8.1M172.3M198.1M208.0M
Change To Netincome28.3M115.3M(7.6M)5.6M5.0M4.8M

Diana Financial Ratios Relationships

Comparative valuation techniques use various fundamental indicators to help in determining Diana Shipping's current stock value. Our valuation model uses many indicators to compare Diana Shipping value to that of its competitors to determine the firm's financial worth. You can analyze the relationship between different fundamental ratios across Diana Shipping competition to find correlations between indicators driving Diana Shipping's intrinsic value. More Info.
Diana Shipping is rated below average in return on equity category among its peers. It is rated below average in return on asset category among its peers reporting about  0.97  of Return On Asset per Return On Equity. The ratio of Return On Equity to Return On Asset for Diana Shipping is roughly  1.03 . At this time, Diana Shipping's Return On Equity is fairly stable compared to the past year. The reason why the comparable model can be used in almost all circumstances is due to the vast number of multiples that can be utilized, such as the price-to-earnings (P/E), price-to-book (P/B), price-to-sales (P/S), price-to-cash flow (P/CF), and many others. The P/E ratio is the most commonly used of these ratios because it focuses on the Diana Shipping's earnings, one of the primary drivers of an investment's value.

Diana Shipping Systematic Risk

Diana Shipping's systematic risk plays a vital role in portfolio allocation when considering its stock to be added to a well-diversified portfolio. Diana Shipping volatility which cannot be eliminated through diversification, requires returns over the risk-free rate. Over the long run, a well-diversified portfolio provides returns that match its exposure to systematic risk. In this case, investors face a trade-off between expected returns and systematic risk and, therefore, can only reduce a portfolio's exposure to systematic risk by sacrificing expected returns on the portfolio.
The output start index for this execution was twelve with a total number of output elements of fourty-nine. The Beta measures systematic risk based on how returns on Diana Shipping correlated with the market. If Beta is less than 0 Diana Shipping generally moves in the opposite direction as compared to the market. If Diana Shipping Beta is about zero movement of price series is uncorrelated with the movement of the benchmark. if Beta is between zero and one Diana Shipping is generally moves in the same direction as, but less than the movement of the market. For Beta = 1 movement of Diana Shipping is generally in the same direction as the market. If Beta > 1 Diana Shipping moves generally in the same direction as, but more than the movement of the benchmark.

Diana Shipping Thematic Clasifications

Diana Shipping is part of Transportation investing theme. If you are a theme-oriented, socially responsible, and at the same time, a result-driven investor, you can align your investing habits with your values without jeopardizing your expectations about returns. You can easily create an optimal portfolio of stocks, ETFs, funds, or cryptocurrencies based on a specific theme of your liking. USA Equities from Transportation industry as classified by Fama & French. Fama and French investing themes focus on testing asset pricing under different economic assumptions
TransportationView
This theme covers USA Equities from Transportation industry as classified by Fama & French. Fama and French investing themes focus on testing asset pricing under different economic assumptions. Get More Thematic Ideas
Today, most investors in Diana Shipping Stock are looking for potential investment opportunities by analyzing not only static indicators but also various Diana Shipping's growth ratios. Consistent increases or decreases in fundamental ratios usually indicate a possible pattern that can be successfully translated into profits. However, when comparing two companies, knowing each company's growth growth rates may not be enough to decide which company is a better investment. That's why investors frequently use static breakdown of Diana Shipping growth as a starting point in their analysis.

Price Earnings To Growth Ratio

(0.0908)

At this time, Diana Shipping's Price Earnings To Growth Ratio is fairly stable compared to the past year.

Diana Shipping November 25, 2024 Opportunity Range

Along with financial statement analysis, the daily predictive indicators of Diana Shipping help investors to analyze its daily demand and supply, volume, patterns, and price swings to determine the real value of Diana Shipping. We use our internally-developed statistical techniques to arrive at the intrinsic value of Diana Shipping based on widely used predictive technical indicators. In general, we focus on analyzing Diana Stock price patterns and their correlations with different microeconomic environment and drivers. We also apply predictive analytics to build Diana Shipping's daily price indicators and compare them against related drivers.

Additional Tools for Diana Stock Analysis

When running Diana Shipping's price analysis, check to measure Diana Shipping's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Diana Shipping is operating at the current time. Most of Diana Shipping's value examination focuses on studying past and present price action to predict the probability of Diana Shipping's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Diana Shipping's price. Additionally, you may evaluate how the addition of Diana Shipping to your portfolios can decrease your overall portfolio volatility.