Diamond S Shipping Group (Diamond S Shipping Group) Total Assets : $1,168.14 Mil (As of Mar. 2013)

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What is Diamond S Shipping Group Total Assets?

Diamond S Shipping Group's Total Assets for the quarter that ended in Mar. 2013 was $1,168.14 Mil.

During the past 12 months, Diamond S Shipping Group's average Total Assets Growth Rate was -4.00% per year.

Total Assets is connected with ROA %. Diamond S Shipping Group's annualized ROA % for the quarter that ended in Mar. 2013 was 0.92%. Total Assets is also linked to Revenue through Asset Turnover. Diamond S Shipping Group's Asset Turnover for the quarter that ended in Mar. 2013 was 0.15.

Diamond S Shipping Group Total Assets Historical Data

The historical data trend for Diamond S Shipping Group's Total Assets can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

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Diamond S Shipping Group Total Assets Chart

Diamond S Shipping Group Annual Data

Trend

Mar12

Mar13

Total Assets

1,225.53

1,168.14

Diamond S Shipping Group Semi-Annual Data
	Mar12	Mar13
Total Assets	1,225.53	1,168.14

Diamond S Shipping Group Total Assets Calculation

Total Assets are all the assets a company owns.

From the capital sources of the assets, some of the assets are funded through shareholder's paid in capital and retained earnings of the business. Others are funded through borrowed money.

Diamond S Shipping Group's Total Assets for the fiscal year that ended in Mar. 2013 is calculated as

Total Assets	=	Total Equity (A: Mar. 2013 )	+	Total Liabilities (A: Mar. 2013 )
	=	492.595	+	675.548
	=	1,168.14

Diamond S Shipping Group's Total Assets for the quarter that ended in Mar. 2013 is calculated as

Total Assets	=	Total Equity (Q: Mar. 2013 )	+	Total Liabilities (Q: Mar. 2013 )
	=	492.595	+	675.548
	=	1,168.14

Diamond S Shipping Group (NYSE:DSG) Total Assets Explanation

Total Assets is connected with ROA %.

Diamond S Shipping Group's annualized ROA % for the quarter that ended in Mar. 2013 is

ROA %	=	Net Income (Q: Mar. 2013 )	/	( (Total Assets (Q: Mar. 2012 )	+	Total Assets (Q: Mar. 2013 ))	/ count )
	=	11.036	/	( (1225.534	+	1168.143)	/ 2 )
	=	11.036	/	1196.8385
	=	0.92 %

Note: The Net Income data used here is one times the annual (Mar. 2013) data.

In the article Joining The Dark Side: Pirates, Spies and Short Sellers, James Montier reported that In their US sample covering the period 1968-2003, Cooper et al find that firms with low asset growth outperformed firms with high asset growth by an astounding 20% p.a. equally weighted. Even when controlling for market, size and style, low asset growth firms outperformed high asset growth firms by 13% p.a. Therefore a company with fast asset growth may underperform.

Total Assets is linked to total revenue through Asset Turnover.

Diamond S Shipping Group's Asset Turnover for the quarter that ended in Mar. 2013 is

	Asset Turnover
=	Revenue (Q: Mar. 2013 )	/	( (Total Assets (Q: Mar. 2012 )	+	Total Assets (Q: Mar. 2013 ))	/ count )
=	175.874	/	( (1225.534	+	1168.143)	/ 2 )
=	175.874	/	1196.8385
=	0.15

Therefore, if a company grows its Total Assets faster than its Revenue, the Asset Turnover will decline. This might be a warning sign for the business.

Diamond S Shipping Group Total Assets Related Terms

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Diamond S Shipping Group (Diamond S Shipping Group) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Transportation » Diamond S Shipping Group Inc (NYSE:DSG) » Definitions » Total Assets

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Traded in Other Exchanges

N/A

Address

Website

http://www.diamondsshipping.com

Diamond S Shipping Group Inc, is incorporated in Marshall Islands on July 31, 2013. The Company provides seaborne transportation of refined petroleum and other products in the international shipping markets. The Company is the owners and operators of medium range, or MR, product tankers. The Company's fleet currently consists of 33 MR product tankers built at Korean and Japanese shipyards. The Company competes on basis of price, vessel location, size, age and condition of the vessel. The Company is subject to various international conventions, national, state and local laws and regulations in the countries in which its vessels may operate or are registered.