Diana Total Revenue vs Income Before Tax Analysis

DSX Stock  USD 2.14  0.04  1.90%   
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 Total Revenue and its Income Before Tax 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.

Total Revenue vs Income Before Tax

Total Revenue vs Income Before Tax Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Diana Shipping Total Revenue account and Income Before Tax. At this time, the significance of the direction appears to have fragmental relationship.
The correlation between Diana Shipping's Total Revenue and Income Before Tax is 0.4. Overlapping area represents the amount of variation of Total Revenue that can explain the historical movement of Income Before Tax 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 Total Revenue and Income Before Tax is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Total Revenue of Diana Shipping are associated (or correlated) with its Income Before Tax. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Income Before Tax has no effect on the direction of Total Revenue i.e., Diana Shipping's Total Revenue and Income Before Tax go up and down completely randomly.

Correlation Coefficient

0.4
Relationship DirectionPositive 
Relationship StrengthWeak

Total Revenue

Total revenue comprises all receipts Diana Shipping generated from the sale of its products or services. The total amount of income generated by the sale of goods or services related to the company's primary operations.

Income Before Tax

Income Before Tax which can also be referred as pre-tax income is reported on Diana Shipping income statement and is an important metric when analyzing Diana Shipping profitability. Accounting techniques because taxes can be complex, and not perfectly consistent from one company to company, an analyst may use pre-tax income as a more stable measure of profitability.
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 9.15 in 2024, whereas Selling General Administrative is likely to drop slightly above 26 M in 2024.

Diana Shipping fundamental ratios Correlations

0.51-0.590.340.950.00.660.980.020.660.530.440.050.60.570.69-0.150.580.380.210.550.570.770.450.970.98
0.510.180.860.220.71-0.020.58-0.260.010.790.970.20.850.980.070.29-0.280.790.350.950.660.680.870.630.57
-0.590.180.28-0.740.51-0.51-0.55-0.37-0.490.150.290.060.10.14-0.480.54-0.860.220.190.150.12-0.330.29-0.5-0.53
0.340.860.280.10.62-0.030.4-0.23-0.020.690.790.060.710.790.010.27-0.310.780.180.740.510.570.760.430.4
0.950.22-0.740.1-0.260.760.90.120.740.30.13-0.030.360.280.75-0.280.770.140.10.270.390.620.180.870.9
0.00.710.510.62-0.26-0.590.16-0.03-0.570.470.750.260.490.68-0.520.54-0.660.520.420.650.490.290.610.20.17
0.66-0.02-0.51-0.030.76-0.590.48-0.30.990.18-0.1-0.230.20.020.98-0.150.630.08-0.280.040.270.30.080.490.5
0.980.58-0.550.40.90.160.480.130.480.540.510.090.620.630.51-0.140.510.410.330.610.560.80.470.991.0
0.02-0.26-0.37-0.230.12-0.03-0.30.13-0.33-0.55-0.28-0.21-0.52-0.26-0.39-0.290.48-0.50.29-0.29-0.54-0.2-0.550.060.11
0.660.01-0.49-0.020.74-0.570.990.48-0.330.22-0.08-0.250.230.060.98-0.080.60.09-0.290.050.310.30.120.50.49
0.530.790.150.690.30.470.180.54-0.550.220.80.320.970.820.290.14-0.30.880.20.740.850.820.960.60.54
0.440.970.290.790.130.75-0.10.51-0.28-0.080.80.320.850.970.00.26-0.370.760.470.960.650.640.880.560.51
0.050.20.060.06-0.030.26-0.230.09-0.21-0.250.320.320.310.26-0.08-0.27-0.210.120.130.30.150.250.340.080.09
0.60.850.10.710.360.490.20.62-0.520.230.970.850.310.880.30.15-0.250.880.250.850.860.860.950.670.62
0.570.980.140.790.280.680.020.63-0.260.060.820.970.260.880.130.29-0.240.770.380.950.720.710.890.690.62
0.690.07-0.480.010.75-0.520.980.51-0.390.980.290.0-0.080.30.13-0.110.560.13-0.280.120.360.360.210.540.52
-0.150.290.540.27-0.280.54-0.15-0.14-0.29-0.080.140.26-0.270.150.29-0.11-0.550.22-0.110.230.47-0.140.33-0.04-0.11
0.58-0.28-0.86-0.310.77-0.660.630.510.480.6-0.3-0.37-0.21-0.25-0.240.56-0.55-0.39-0.05-0.23-0.280.11-0.420.450.5
0.380.790.220.780.140.520.080.41-0.50.090.880.760.120.880.770.130.22-0.390.040.750.720.750.850.450.4
0.210.350.190.180.10.42-0.280.330.29-0.290.20.470.130.250.38-0.28-0.11-0.050.040.390.170.210.20.30.34
0.550.950.150.740.270.650.040.61-0.290.050.740.960.30.850.950.120.23-0.230.750.390.650.680.820.630.61
0.570.660.120.510.390.490.270.56-0.540.310.850.650.150.860.720.360.47-0.280.720.170.650.720.840.640.58
0.770.68-0.330.570.620.290.30.8-0.20.30.820.640.250.860.710.36-0.140.110.750.210.680.720.710.80.79
0.450.870.290.760.180.610.080.47-0.550.120.960.880.340.950.890.210.33-0.420.850.20.820.840.710.550.47
0.970.63-0.50.430.870.20.490.990.060.50.60.560.080.670.690.54-0.040.450.450.30.630.640.80.550.99
0.980.57-0.530.40.90.170.51.00.110.490.540.510.090.620.620.52-0.110.50.40.340.610.580.790.470.99
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Diana Shipping Account Relationship Matchups

Diana Shipping fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets1.1B872.4M842.2M1.2B1.2B1.2B
Short Long Term Debt Total475.0M459.5M464.8M754.9M642.8M403.7M
Other Current Liab11.4M11.0M8.5M21.1M13.2M13.8M
Total Current Liabilities65.5M61.6M65.1M131.6M85.1M56.1M
Total Stockholder Equity570.1M428.6M393.4M487.3M489.0M740.9M
Net Debt367.7M337.4M296.9M611.0M541.2M568.2M
Cash107.3M82.9M126.8M143.9M101.6M148.2M
Non Current Assets Total934.2M747.7M699.8M1.0B984.2M983.8M
Non Currrent Assets Other28.2M(10.1M)9.6M16.4M15.3M21.2M
Cash And Short Term Investments107.3M82.9M126.8M143.9M162.3M151.1M
Common Stock Shares Outstanding95.2M86.1M84.9M83.3M101.9M75.7M
Liabilities And Stockholders Equity1.1B872.4M842.2M1.2B1.2B1.2B
Non Current Liabilities Total501.2M443.8M448.8M695.6M592.3M385.9M
Other Current Assets29.8M41.8M15.6M6.7M8.8M17.4M
Other Stockholder Equity1.0B1.0B982.7M1.1B1.1B837.4M
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
Property Plant Equipment904.4M737.9M682.6M996.7M1.1B986.1M
Property Plant And Equipment Net904.4M737.9M682.6M996.7M924.5M1.0B
Current Deferred Revenue2.5M2.8M5.7M7.8M3.6M4.6M
Net Receivables7.9M6.4M3.8M6.3M6.0M8.6M
Property Plant And Equipment Gross904.4M737.9M682.6M996.7M1.1B1.0B
Accumulated Other Comprehensive Income109K69K71K253K308K323.4K
Short Term Debt40.2M39.2M41.1M91.5M58.7M53.6M
Net Tangible Assets570.0M428.5M393.4M487.3M438.6M635.4M
Deferred Long Term Liab4.2M9.1M8.1M16.3M18.7M19.7M
Long Term Investments1.7M0.07.6M8.3M24.1M14.5M
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
Non Current Liabilities Other986K23.5M25.1M32.1M124.2M130.4M

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