GURUFOCUS.COM » STOCK LIST » Industrials » Transportation » Diana Shipping Inc (NYSE:DSX) » Definitions » Net Cash per Share

Diana Shipping (Diana Shipping) Net Cash per Share : $-4.56 (As of Dec. 2023)


View and export this data going back to 2005. Start your Free Trial

What is Diana Shipping Net Cash per Share?

Net Cash per Share is calculated as Cash, Cash Equivalents, Marketable Securities minus Total Liabilities minus Minority Interest and then divided by Shares Outstanding (EOP). Diana Shipping's Net Cash per Share for the quarter that ended in Dec. 2023 was $-4.56.

The historical rank and industry rank for Diana Shipping's Net Cash per Share or its related term are showing as below:

DSX's Price-to-Net-Cash is not ranked *
in the Transportation industry.
Industry Median: 7.35
* Ranked among companies with meaningful Price-to-Net-Cash only.

Diana Shipping Net Cash per Share Historical Data

The historical data trend for Diana Shipping's Net Cash per Share 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.

* Premium members only.

Diana Shipping Net Cash per Share Chart

Diana Shipping Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Net Cash per Share
Get a 7-Day Free Trial Premium Member Only Premium Member Only -4.32 -4.27 -4.00 -5.58 -4.56

Diana Shipping Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
Net Cash per Share Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only -5.58 -5.15 -5.07 -4.75 -4.56

Competitive Comparison of Diana Shipping's Net Cash per Share

For the Marine Shipping subindustry, Diana Shipping's Price-to-Net-Cash, along with its competitors' market caps and Price-to-Net-Cash data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


Diana Shipping's Price-to-Net-Cash Distribution in the Transportation Industry

For the Transportation industry and Industrials sector, Diana Shipping's Price-to-Net-Cash distribution charts can be found below:

* The bar in red indicates where Diana Shipping's Price-to-Net-Cash falls into.



Diana Shipping Net Cash per Share Calculation

In the calculation of a company's Net Cash per Share, assets other than cash and short term investments are considered to be worth nothing. But the company has to pay its debt and other liabilities in full. This is an extremely conservative way of valuation. Most companies have negative Net Cash per Share. But sometimes a company's price may be lower than its net-cash.

Diana Shipping's Net Cash per Share for the fiscal year that ended in Dec. 2023 is calculated as

Net Cash per Share (A: Dec. 2023 )
=(Cash, Cash Equivalents, Marketable Securities-Total Liabilities-Minority Interest)/Shares Outstanding (EOP)
=(162.321-677.389-0)/113.066
=-4.56

Diana Shipping's Net Cash per Share for the quarter that ended in Dec. 2023 is calculated as

Net Cash per Share (Q: Dec. 2023 )
=(Cash, Cash Equivalents, Marketable Securities-Total Liabilities-Minority Interest)/Shares Outstanding (EOP)
=(162.321-677.389-0)/113.066
=-4.56

* 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.


Diana Shipping  (NYSE:DSX) Net Cash per Share Explanation

Ben Graham invested in situations where the company's stock price was lower than its net-cash. He assigned some value to the company's other current asset. The value is called Net Current Asset Value (NCAV). One research study, covering the years 1970 through 1983 showed that portfolios picked at the beginning of each year, and held for one year, returned 29.4 percent, on average, over the 13-year period, compared to 11.5 percent for the S&P 500 Index. Other studies of Graham's strategy produced similar results.

You can find companies that are traded below their Net Current Asset Value (NCAV) with our Net-Net screener.


Diana Shipping Net Cash per Share Related Terms

Thank you for viewing the detailed overview of Diana Shipping's Net Cash per Share provided by GuruFocus.com. Please click on the following links to see related term pages.


Diana Shipping (Diana Shipping) Business Description

Traded in Other Exchanges
Address
175 64 Palaio Faliro, Pendelis 16, Athens, GRC, 175 64
Diana Shipping Inc provides shipping transportation services. The company, through its subsidiaries, operates a fleet of vessels consisting of dry bulk carriers such as Panamax, Kamsarmax, Post-Panamax, Capesize and Newcastlemax vessels. Using this fleet, the firm provides transportation services for various goods including coal, iron ore, and grains. It also transports minor bulks, including steel products, cement, and fertilizers through its dry bulk carrier vessels. The operation of the vessels is the main source of revenue generation, the services provided by the vessels are similar and all operate under the same economic environment.