Diana Shipping (Diana Shipping) Cash, Cash Equivalents, Marketable Securities : $162.3 Mil (As of Dec. 2023)

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What is Diana Shipping Cash, Cash Equivalents, Marketable Securities?

Diana Shipping's quarterly cash, cash equivalents, marketable securities declined from Jun. 2023 ($177.12 Mil) to Sep. 2023 ($173.55 Mil) but then stayed the same from Sep. 2023 ($173.55 Mil) to Dec. 2023 ($162.32 Mil).

Diana Shipping's annual cash, cash equivalents, marketable securities increased from Dec. 2021 ($110.29 Mil) to Dec. 2022 ($122.93 Mil) and increased from Dec. 2022 ($122.93 Mil) to Dec. 2023 ($162.32 Mil).

Diana Shipping Cash, Cash Equivalents, Marketable Securities Historical Data

The historical data trend for Diana Shipping's Cash, Cash Equivalents, Marketable Securities 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 Cash, Cash Equivalents, Marketable Securities Chart

Diana Shipping Annual Data

Trend

Dec14

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Dec23

Cash, Cash Equivalents, Marketable Securities

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107.29

62.91

110.29

122.93

162.32

Diana Shipping Quarterly Data
	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23
Cash, Cash Equivalents, Marketable Securities	Get a 7-Day Free Trial															122.93	125.68	177.12	173.55	162.32

Diana Shipping Cash, Cash Equivalents, Marketable Securities Calculation

Cash and cash equivalents are the most liquid assets on the balance sheet. Cash equivalents are assets that are readily convertible into cash, such as money market holdings, short-term government bonds or Treasury bills, marketable securities and commercial paper.

Marketable Securities are very liquid securities that can be converted into cash quickly at a reasonable price.

Diana Shipping (NYSE:DSX) Cash, Cash Equivalents, Marketable Securities Explanation

Marketable securities are very liquid as they tend to have maturities of less than one year. Furthermore, the rate at which these securities can be bought or sold has little effect on their prices.

A high number means either:

1) The company has competitive advantage generating lots of cash

2) Just sold a business or bonds (not necessarily good)

A low stockpile of cash usually means poor to mediocre economics.

There are 3 ways to create large cash reserve.

1) Sell new bonds or equity to public

2) Sell business or asset

3) It has an ongoing business generating more cash than it burns (usually means durable competitive advantage)

When a company is suffering a short term problem, Buffett looks at cash or marketable securities to see whether it has the financial strength to ride it out.

Important: Lots of cash and marketable securities + little debt = good chance that the business will sail on through tough times.

Test to see what is creating cash by looking at past 7 yrs of balance sheets. This will reveal how the cash was created.

Diana Shipping Cash, Cash Equivalents, Marketable Securities Related Terms

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Diana Shipping (Diana Shipping) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Transportation » Diana Shipping Inc (NYSE:DSX) » Definitions » Cash, Cash Equivalents, Marketable Securities

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DSXpB.PFD:USA DSZ:Germany

Address

175 64 Palaio Faliro, Pendelis 16, Athens, GRC, 175 64

Website

https://www.dianashippinginc.com

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.