Diamond S Shipping (Diamond S Shipping) Cash, Cash Equivalents, Marketable Securities : $75.8 Mil (As of Mar. 2021)

View and export this data going back to 2019. Start your Free Trial

What is Diamond S Shipping Cash, Cash Equivalents, Marketable Securities?

Diamond S Shipping's quarterly cash, cash equivalents, marketable securities declined from Sep. 2020 ($114.34 Mil) to Dec. 2020 ($98.06 Mil) but then stayed the same from Dec. 2020 ($98.06 Mil) to Mar. 2021 ($75.82 Mil).

Diamond S Shipping's annual cash, cash equivalents, marketable securities increased from Dec. 2018 ($83.05 Mil) to Dec. 2019 ($83.61 Mil) and increased from Dec. 2019 ($83.61 Mil) to Dec. 2020 ($98.06 Mil).

Diamond S Shipping Cash, Cash Equivalents, Marketable Securities Historical Data

The historical data trend for Diamond S 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.

Diamond S Shipping Cash, Cash Equivalents, Marketable Securities Chart

Diamond S Shipping Annual Data

Trend

Dec18

Dec19

Dec20

Cash, Cash Equivalents, Marketable Securities

83.05

83.61

98.06

Diamond S Shipping Quarterly Data
	Mar18	Jun18	Sep18	Dec18	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21
Cash, Cash Equivalents, Marketable Securities	Get a 7-Day Free Trial								110.90	118.39	114.34	98.06	75.82

Diamond S 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.

Diamond S Shipping (NYSE:DSSI) 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.

Diamond S Shipping Cash, Cash Equivalents, Marketable Securities Related Terms

Thank you for viewing the detailed overview of Diamond S Shipping's Cash, Cash Equivalents, Marketable Securities provided by GuruFocus.com. Please click on the following links to see related term pages.

Diamond S Shipping (Diamond S Shipping) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Energy » Oil & Gas » Diamond S Shipping Inc (NYSE:DSSI) » Definitions » Cash, Cash Equivalents, Marketable Securities

Comparable Companies

OMP LPG SGU GLP NVGS HMLP TK GLOG TNP GLOP TSX:ENB EPD TSX:TRP KMI WMB ET MPLX CQP OKE TSX:PPL

Traded in Other Exchanges

N/A

Address

33 Benedict Place, Greenwich, CT, USA, 06830

Website

http://www.diamondsshipping.com

Diamond S Shipping Inc provides seaborne transportation of crude oil and refined petroleum and other products in the international shipping markets. It is the owner and operator of modern medium range, or MR, product tankers. It operates through two reportable segments, Crude Tankers and Product Carriers.

Executives

Anoushka Kachelo	officer: General Counsel	33 BENEDICT PLACE 2ND FLOOR GREENWICH CT 06830
Bart Veldhuizen	director	ROSEMARY COTTAGE, IDLE HILL, KENT X0 TN14 6JN
George Cambanis	director	33 BENEDICT PLACE, 2ND FLOOR GREENWICH CT 06830
Alexandra Kate Blankenship	director	33 BENEDICT PLACE, 2ND FLOOR, GREENWICH CT 06830
Malone Iii Harold L	director	33 BENEDICT PLACE 2ND FLOOR GREENWICH CT 06830
Gerasimos G Kalogiratos	director	33 BENEDICT PLACE 2ND FLOOR GREENWICH CT 06830
Nadim Z Qureshi	director	575 MARYVILLE CENTRE DRIVE, ST. LOUIS MO 63141
Stevenson Craig H Jr	director, officer: CEO, President	C/O OMI CORP, ONE STATION PL, STAMFORD CT 06902
Sanjay Sukhrani	officer: Chief Operating Officer	C/O DIAMOND S MANAGEMENT LLC 33 BENEDICT PLACE GREENWICH CT 06830
Michael G Fogarty	officer: Senior VP - Commercial	C/O DIAMOND S MANAGEMENT LLC 33 BENEDICT PLACE GREENWICH CT 06830
Kevin M Kilcullen	officer: Chief Financial Officer	C/O PRINCIPAL MARITIME MGMT, LLC 3530 POST ROAD SOUTHPORT CT 06890
Gerasimos Ventouris	director	33 BENEDICT PLACE 2ND FLOOR GREENWICH CT 06830
Invesco Wlr Iv Associates Llc	10 percent owner	1166 AVENUE OF THE AMERICAS, NEW YORK NY 10036
Wlr Recovery Associates Iv Dss Aiv, L.p.	10 percent owner	C/O WL ROSS & CO. LLC 1166 AVENUE OF THE AMERICAS NEW YORK NY 10036
Wlr Recovery Associates V Dss Aiv Gp, Ltd.	10 percent owner	C/O WL ROSS & CO. LLC 1166 AVENUE OF THE AMERICAS NEW YORK NY 10036