Diana Inventory vs Total Current Liabilities Analysis
DSX Stock | USD 2.10 0.07 3.23% |
Diana Shipping financial indicator trend analysis is much more than just examining Diana Shipping latest accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Diana Shipping is a good investment. Please check the relationship between Diana Shipping Inventory and its Total Current Liabilities accounts. Check out Investing Opportunities to better understand how to build diversified portfolios, which includes a position in Diana Shipping. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in state. For more information on how to buy Diana Stock please use our How to Invest in Diana Shipping guide.
Inventory vs Total Current Liabilities
Inventory vs Total Current Liabilities Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Diana Shipping Inventory account and Total Current Liabilities. At this time, the significance of the direction appears to have fragmental relationship.
The correlation between Diana Shipping's Inventory and Total Current Liabilities is 0.57. Overlapping area represents the amount of variation of Inventory that can explain the historical movement of Total Current Liabilities in the same time period over historical financial statements of Diana Shipping, assuming nothing else is changed. The correlation between historical values of Diana Shipping's Inventory and Total Current Liabilities is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Inventory of Diana Shipping are associated (or correlated) with its Total Current Liabilities. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Total Current Liabilities has no effect on the direction of Inventory i.e., Diana Shipping's Inventory and Total Current Liabilities go up and down completely randomly.
Correlation Coefficient | 0.57 |
Relationship Direction | Positive |
Relationship Strength | Weak |
Inventory
Total Current Liabilities
Total Current Liabilities is an item on Diana Shipping balance sheet that include short term debt, accounts payable, accrued salaries payable, payroll taxes payable, accrued liabilities and other debts. Total Current Liabilities of Diana Shipping are important to investors because some useful performance ratios such as Current Ratio and Quick Ratio require Total Current Liabilities to be accurate. The total amount of liabilities that a company is expected to pay within one year, including debts, accounts payable, and other short-term financial obligations.Most indicators from Diana Shipping's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Diana Shipping current financial condition. On the other hand, looking into the entire matrix of fundamental ratios indicators, and analyzing their relationships over time can provide a more complete picture of the company financial strength now and in the future. Check out Investing Opportunities to better understand how to build diversified portfolios, which includes a position in Diana Shipping. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in state. For more information on how to buy Diana Stock please use our How to Invest in Diana Shipping guide.At this time, Diana Shipping's Sales General And Administrative To Revenue is fairly stable compared to the past year. Enterprise Value Over EBITDA is likely to rise to 5.91 in 2024, whereas Selling General Administrative is likely to drop slightly above 26 M in 2024.
Diana Shipping fundamental ratios Correlations
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Diana Shipping Account Relationship Matchups
High Positive Relationship
High Negative Relationship
Diana Shipping fundamental ratios Accounts
2019 | 2020 | 2021 | 2022 | 2023 | 2024 (projected) | ||
Total Assets | 1.1B | 872.4M | 842.2M | 1.2B | 1.2B | 1.2B | |
Short Long Term Debt Total | 475.0M | 459.5M | 464.8M | 754.9M | 642.8M | 403.7M | |
Other Current Liab | 11.4M | 11.0M | 8.5M | 21.1M | 13.2M | 13.8M | |
Total Current Liabilities | 65.5M | 61.6M | 65.1M | 131.6M | 85.1M | 56.1M | |
Total Stockholder Equity | 570.1M | 428.6M | 393.4M | 487.3M | 489.0M | 740.9M | |
Net Debt | 367.7M | 337.4M | 296.9M | 611.0M | 541.2M | 568.2M | |
Cash | 107.3M | 82.9M | 126.8M | 143.9M | 101.6M | 148.2M | |
Non Current Assets Total | 934.2M | 747.7M | 699.8M | 1.0B | 984.2M | 983.8M | |
Non Currrent Assets Other | 28.2M | (10.1M) | 9.6M | 16.4M | 15.3M | 21.2M | |
Cash And Short Term Investments | 107.3M | 82.9M | 126.8M | 143.9M | 162.3M | 151.1M | |
Common Stock Shares Outstanding | 95.2M | 86.1M | 84.9M | 83.3M | 101.9M | 75.7M | |
Liabilities And Stockholders Equity | 1.1B | 872.4M | 842.2M | 1.2B | 1.2B | 1.2B | |
Non Current Liabilities Total | 501.2M | 443.8M | 448.8M | 695.6M | 592.3M | 385.9M | |
Other Current Assets | 29.8M | 41.8M | 15.6M | 6.7M | 8.8M | 17.4M | |
Other Stockholder Equity | 1.0B | 1.0B | 982.7M | 1.1B | 1.1B | 837.4M | |
Total Liab | 501.2M | 443.8M | 448.8M | 695.6M | 677.4M | 412.9M | |
Total Current Assets | 137.0M | 124.7M | 142.4M | 161.6M | 182.2M | 170.0M | |
Other Liab | 986K | 1.2M | 25.1M | 133.0M | 153.0M | 160.6M | |
Retained Earnings | (452.6M) | (592.6M) | (590.3M) | (575.0M) | (613.9M) | (583.2M) | |
Accounts Payable | 11.4M | 8.6M | 9.8M | 11.2M | 9.7M | 7.5M | |
Other Assets | 28.2M | 29.9M | 9.6M | 16.4M | 18.9M | 19.1M | |
Long Term Debt | 434.7M | 420.3M | 423.7M | 663.4M | 461.1M | 368.7M | |
Inventory | 5.5M | 4.7M | 6.1M | 4.5M | 5.1M | 4.4M | |
Common Stock | 1.0M | 912K | 893K | 1.0M | 1.1M | 836.1K | |
Property Plant Equipment | 904.4M | 737.9M | 682.6M | 996.7M | 1.1B | 986.1M | |
Property Plant And Equipment Net | 904.4M | 737.9M | 682.6M | 996.7M | 924.5M | 1.0B | |
Current Deferred Revenue | 2.5M | 2.8M | 5.7M | 7.8M | 3.6M | 4.6M | |
Net Receivables | 7.9M | 6.4M | 3.8M | 6.3M | 6.0M | 8.6M | |
Property Plant And Equipment Gross | 904.4M | 737.9M | 682.6M | 996.7M | 1.1B | 1.0B | |
Accumulated Other Comprehensive Income | 109K | 69K | 71K | 253K | 308K | 323.4K | |
Short Term Debt | 40.2M | 39.2M | 41.1M | 91.5M | 58.7M | 53.6M | |
Net Tangible Assets | 570.0M | 428.5M | 393.4M | 487.3M | 438.6M | 635.4M | |
Deferred Long Term Liab | 4.2M | 9.1M | 8.1M | 16.3M | 18.7M | 19.7M | |
Long Term Investments | 1.7M | 0.0 | 7.6M | 8.3M | 24.1M | 14.5M | |
Short Long Term Debt | 40.2M | 39.2M | 41.1M | 91.5M | 49.5M | 75.3M | |
Long Term Debt Total | 434.7M | 420.3M | 423.7M | 663.4M | 597.1M | 400.9M | |
Capital Surpluse | 1.0B | 1.0B | 982.5M | 1.1B | 1.2B | 1.1B | |
Non Current Liabilities Other | 986K | 23.5M | 25.1M | 32.1M | 124.2M | 130.4M |
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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.