Diana Shipping (Diana Shipping) Retained Earnings : $-613.9 Mil (As of Dec. 2023)

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What is Diana Shipping Retained Earnings?

Retained earnings is the accumulated portion of net income that is not distributed to shareholders. Diana Shipping's retained earnings for the quarter that ended in Dec. 2023 was $-613.9 Mil.

Diana Shipping's quarterly retained earnings increased from Jun. 2023 ($-587.5 Mil) to Sep. 2023 ($0.0 Mil) but then declined from Sep. 2023 ($0.0 Mil) to Dec. 2023 ($-613.9 Mil).

Diana Shipping's annual retained earnings increased from Dec. 2021 ($-590.3 Mil) to Dec. 2022 ($-575.0 Mil) but then declined from Dec. 2022 ($-575.0 Mil) to Dec. 2023 ($-613.9 Mil).

Diana Shipping Retained Earnings Historical Data

The historical data trend for Diana Shipping's Retained Earnings 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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Diana Shipping Retained Earnings Chart

Diana Shipping Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Retained Earnings

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-452.62

-592.58

-590.29

-574.99

-613.87

Diana Shipping Quarterly Data
	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23
Retained Earnings	Get a 7-Day Free Trial															-574.99	-	-587.49	-	-613.87

Diana Shipping Retained Earnings Calculation

Retained Earnings is the accumulated portion of net income that is not distributed to shareholders. Because the net income was not distributed to shareholders, shareholders' equity is increased by the same amount.

Of course, if a company loses, it is called retained losses, or accumulated losses.

Diana Shipping (NYSE:DSX) Retained Earnings Explanation

Historically profitable companies sometimes have negative retained earnings. This is because they have cumulatively paid out more to shareholders than they reported in profits.

For example, in 2011, Microsoft had negative retained earnings. This does not mean the company lost more money than it made over the years. It just means it paid out more money than it earned.

If a company has negative retained earnings, investors should check the 10-year financial results. They should not assume that negative retained earnings prove a company has generally lost money in the past.

Of course, many companies with negative retained earnings have indeed lost money in the past.

Retained Earnings: Warren Buffett's Secret.

One of the most important indicators of durable competitive advantage. Net earnings can be paid out as dividends, used to buy back shares or retained for growth.

If the company loses more than it has accumulated, retained earnings is negative.

If a company isn't adding to its retained earnings, it isn't growing its net worth.

Rate of growth of retained earnings is good indicator whether it's benefiting from a competitive advantage.

Microsoft is negative because it chose to buyback stock and pay dividends.

The more earnings retained, the faster it grows and increases growth rate for future earnings.

Diana Shipping (Diana Shipping) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Transportation » Diana Shipping Inc (NYSE:DSX) » Definitions » Retained Earnings

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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.