Diamond S Shipping Group (Diamond S Shipping Group) LT-Debt-to-Total-Asset : 0.50 (As of Mar. 2013)

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What is Diamond S Shipping Group LT-Debt-to-Total-Asset?

LT Debt to Total Assets is a measurement representing the percentage of a corporation's assets that are financed with loans and financial obligations lasting more than one year. The ratio provides a general measure of the financial position of a company, including its ability to meet financial requirements for outstanding loans. It is calculated as a company's Long-Term Debt & Capital Lease Obligationdivide by its Total Assets. Diamond S Shipping Group's long-term debt to total assests ratio for the quarter that ended in Mar. 2013 was 0.50.

Diamond S Shipping Group's long-term debt to total assets ratio increased from . 20 (0.00) to Mar. 2013 (0.50). It may suggest that Diamond S Shipping Group is progressively becoming more dependent on debt to grow their business.

Diamond S Shipping Group LT-Debt-to-Total-Asset Historical Data

The historical data trend for Diamond S Shipping Group's LT-Debt-to-Total-Asset 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 LT-Debt-to-Total-Asset Chart

Diamond S Shipping Group Annual Data

Trend

Mar12

Mar13

LT-Debt-to-Total-Asset

0.53

0.50

Diamond S Shipping Group Semi-Annual Data
	Mar12	Mar13
LT-Debt-to-Total-Asset	0.53	0.50

Diamond S Shipping Group LT-Debt-to-Total-Asset Calculation

Diamond S Shipping Group's Long-Term Debt to Total Asset Ratio for the fiscal year that ended in Mar. 2013 is calculated as

LT Debt to Total Assets (A: Mar. 2013 )	=	Long-Term Debt & Capital Lease Obligation (A: Mar. 2013 )	/	Total Assets (A: Mar. 2013 )
	=	582.166	/	1168.143
	=	0.50

Diamond S Shipping Group's Long-Term Debt to Total Asset Ratio for the quarter that ended in Mar. 2013 is calculated as

LT Debt to Total Assets (Q: Mar. 2013 )	=	Long-Term Debt & Capital Lease Obligation (Q: Mar. 2013 )	/	Total Assets (Q: Mar. 2013 )
	=	582.166	/	1168.143
	=	0.50

Diamond S Shipping Group (NYSE:DSG) LT-Debt-to-Total-Asset Explanation

LT Debt to Total Asset is a measurement representing the percentage of a corporation's assets that are financed with loans and financial obligations lasting more than one year. The ratio provides a general measure of the financial position of a company, including its ability to meet financial requirements for outstanding loans. A year-over-year decrease in this metric would suggest the company is progressively becoming less dependent on debt to grow their business.

Diamond S Shipping Group LT-Debt-to-Total-Asset 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 » LT-Debt-to-Total-Asset

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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.