Diana Shipping Balance Sheet Health
Financial Health criteria checks 1/6
Diana Shipping has a total shareholder equity of $499.9M and total debt of $613.7M, which brings its debt-to-equity ratio to 122.8%. Its total assets and total liabilities are $1.1B and $648.6M respectively. Diana Shipping's EBIT is $59.3M making its interest coverage ratio 1.5. It has cash and short-term investments of $120.7M.
Key information
122.8%
Debt to equity ratio
US$613.71m
Debt
| Interest coverage ratio | 1.5x |
| Cash | US$120.69m |
| Equity | US$499.86m |
| Total liabilities | US$648.64m |
| Total assets | US$1.15b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: DSZ's short term assets ($169.7M) exceed its short term liabilities ($81.0M).
Long Term Liabilities: DSZ's short term assets ($169.7M) do not cover its long term liabilities ($567.7M).
Debt to Equity History and Analysis
Debt Level: DSZ's net debt to equity ratio (98.6%) is considered high.
Reducing Debt: DSZ's debt to equity ratio has increased from 81.2% to 122.8% over the past 5 years.
Debt Coverage: DSZ's debt is not well covered by operating cash flow (10.9%).
Interest Coverage: DSZ's interest payments on its debt are not well covered by EBIT (1.5x coverage).