Diamond S Shipping Group (Diamond S Shipping Group) Effective Interest Rate on Debt % : 4.95% (As of Mar. 2013)

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What is Diamond S Shipping Group Effective Interest Rate on Debt %?

Effective Interest Rate on Debt % is the usage rate that a borrower actually pays on a debt. It is calculated as the positive value of Interest Expense divided by its average total debt. Total debt equals to Long-Term Debt & Capital Lease Obligation plus Short-Term Debt & Capital Lease Obligation. Diamond S Shipping Group's annualized positive value of Interest Expense for the quarter that ended in Mar. 2013 was $33.40 Mil. Diamond S Shipping Group's average total debt for the quarter that ended in Mar. 2013 was $674.31 Mil. Therefore, Diamond S Shipping Group's annualized Effective Interest Rate on Debt % for the quarter that ended in Mar. 2013 was 4.95%.

Diamond S Shipping Group Effective Interest Rate on Debt % Historical Data

The historical data trend for Diamond S Shipping Group's Effective Interest Rate on Debt % 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 Effective Interest Rate on Debt % Chart

Diamond S Shipping Group Annual Data

Trend

Mar12

Mar13

Effective Interest Rate on Debt %

2.75

4.95

Diamond S Shipping Group Semi-Annual Data
	Mar12	Mar13
Effective Interest Rate on Debt %	2.75	4.95

Competitive Comparison of Diamond S Shipping Group's Effective Interest Rate on Debt %

For the Marine Shipping subindustry, Diamond S Shipping Group's Effective Interest Rate on Debt %, along with its competitors' market caps and Effective Interest Rate on Debt % 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.

Diamond S Shipping Group's Effective Interest Rate on Debt % Distribution in the Transportation Industry

For the Transportation industry and Industrials sector, Diamond S Shipping Group's Effective Interest Rate on Debt % distribution charts can be found below:

* The bar in red indicates where Diamond S Shipping Group's Effective Interest Rate on Debt % falls into.

Diamond S Shipping Group Effective Interest Rate on Debt % Calculation

Diamond S Shipping Group's annualized Effective Interest Rate on Debt % for the fiscal year that ended in Mar. 2013 is calculated as

	Effective Interest Rate on Debt %
=	-1 * Interest Expense	/	( (Total Debt (A: Mar. 2012 )	+	Total Debt (A: Mar. 2013 ))	/ count )
=	-1 * -33.403	/	( (704.277	+	644.339)	/ 2 )
=	-1 * -33.403	/	674.308
=	4.95 %

where

	Total Debt (A: Mar. 2012 )
=	Long-Term Debt & Capital Lease Obligation	+	Short-Term Debt & Capital Lease Obligation
=	644.339	+	59.938
=	704.277

	Total Debt (A: Mar. 2013 )
=	Long-Term Debt & Capital Lease Obligation	+	Short-Term Debt & Capital Lease Obligation
=	582.166	+	62.173
=	644.339

Diamond S Shipping Group's annualized Effective Interest Rate on Debt % for the quarter that ended in Mar. 2013 is calculated as

	Effective Interest Rate on Debt %
=	-1 * Interest Expense	/	( (Total Debt (Q: Mar. 2012 )	+	Total Debt (Q: Mar. 2013 ))	/ count )
=	-1 * -33.403	/	( (704.277	+	644.339)	/ 2 )
=	-1 * -33.403	/	674.308
=	4.95 %

where

	Total Debt (Q: Mar. 2012 )
=	Long-Term Debt & Capital Lease Obligation	+	Short-Term Debt & Capital Lease Obligation
=	644.339	+	59.938
=	704.277

	Total Debt (Q: Mar. 2013 )
=	Long-Term Debt & Capital Lease Obligation	+	Short-Term Debt & Capital Lease Obligation
=	582.166	+	62.173
=	644.339

In the calculation of annual Effective Interest Rate on Debt %, the Interest Expense of the last fiscal year and the average total debt over the fiscal year are used. In calculating the quarterly data, the Interest Expense data used here is one times the annual (Mar. 2013) interest expense data. Effective Interest Rate on Debt % is displayed in the 30-year financial page.

Diamond S Shipping Group (NYSE:DSG) Effective Interest Rate on Debt % Explanation

Effective Interest Rate on Debt % measures the usage rate that a borrower actually pays on a debt.

Diamond S Shipping Group Effective Interest Rate on Debt % 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 » Effective Interest Rate on Debt %

Comparable Companies

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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.