Diana Shipping Balance Sheet Health
Financial Health criteria checks 1/6
Diana Shipping has a total shareholder equity of $489.0M and total debt of $520.4M, which brings its debt-to-equity ratio to 106.4%. Its total assets and total liabilities are $1.2B and $677.4M respectively. Diana Shipping's EBIT is $80.4M making its interest coverage ratio 2. It has cash and short-term investments of $162.5M.
Key information
106.4%
Debt to equity ratio
US$520.43m
Debt
Interest coverage ratio | 2x |
Cash | US$162.45m |
Equity | US$489.02m |
Total liabilities | US$677.39m |
Total assets | US$1.17b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: DSX.PRB's short term assets ($182.2M) exceed its short term liabilities ($85.1M).
Long Term Liabilities: DSX.PRB's short term assets ($182.2M) do not cover its long term liabilities ($592.3M).
Debt to Equity History and Analysis
Debt Level: DSX.PRB's net debt to equity ratio (73.2%) is considered high.
Reducing Debt: DSX.PRB's debt to equity ratio has increased from 84.5% to 106.4% over the past 5 years.
Debt Coverage: DSX.PRB's debt is not well covered by operating cash flow (13.5%).
Interest Coverage: DSX.PRB's interest payments on its debt are not well covered by EBIT (2x coverage).