DSG (Diamond S Shipping Group) Debt-to-Asset : 0.55 (As of Mar. 2013)

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What is Diamond S Shipping Group Debt-to-Asset?

Diamond S Shipping Group DSG Debt-to-Asset is 0.55 as of Mar. 2013. The stock has 1 warning sign investors should review.

Diamond S Shipping Group's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2013 was $62.17 Mil. Diamond S Shipping Group's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2013 was $582.17 Mil. Diamond S Shipping Group's Long-Term Debt & Capital Lease ObligationTotal Assets for the quarter that ended in Mar. 2013 was $1,168.14 Mil. Diamond S Shipping Group's debt to asset for the quarter that ended in Mar. 2013 was 0.55.

Diamond S Shipping Group  (NYSE:DSG) Debt-to-Asset Explanation

In the calculation of Debt-to-Asset, we use the total of Short-Term Debt & Capital Lease Obligation and Long-Term Debt & Capital Lease Obligation divided by Total Assets.

Diamond S Shipping Group Debt-to-Asset Related Terms

Diamond S Shipping Group Debt-to-Asset Historical Data

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The historical data trend for Diamond S Shipping Group's Debt-to-Asset 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.

Diamond S Shipping Group Debt-to-Asset Chart

Diamond S Shipping Group Annual Data
Trend Mar12 Mar13
Debt-to-Asset
0.58 0.55

Diamond S Shipping Group Semi-Annual Data
Mar12 Mar13
Debt-to-Asset 0.58 0.55

DSG vs PRGNF, TEUFF, BSTN: Debt-to-Asset Comparison

For the Marine Shipping subindustry, Diamond S Shipping Group's Debt-to-Asset, along with its competitors' market caps and Debt-to-Asset 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 Debt-to-Asset vs Transportation Industry

For the Transportation industry and Industrials sector, Diamond S Shipping Group's Debt-to-Asset distribution charts can be found below:

* The bar in red indicates where Diamond S Shipping Group's Debt-to-Asset falls into.


Diamond S Shipping Group Debt-to-Asset Calculation

Debt to Asset measures the financial leverage a company has.

Diamond S Shipping Group's Debt-to-Asset for the fiscal year that ended in Mar. 2013 is calculated as

Debt-to-Asset=Total Debt / Total Assets
=(Short-Term Debt & Capital Lease Obligation + Long-Term Debt & Capital Lease Obligation) / Total Assets
=(62.173 + 582.166) / 1168.143
=0.55

Diamond S Shipping Group's Debt-to-Asset for the quarter that ended in Mar. 2013 is calculated as

Debt-to-Asset=Total Debt / Total Assets
=(Short-Term Debt & Capital Lease Obligation + Long-Term Debt & Capital Lease Obligation) / Total Assets
=(62.173 + 582.166) / 1168.143
=0.55

* 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.

Frequently Asked Questions Learn more about Debt-to-Asset →
What does a Debt-to-Asset of 0.55 mean?
Diamond S Shipping Group (DSG) has a Debt-to-Asset of 0.55 as of Mar. 2013. Debt-to-asset ratio represents the ratio of total debt to total assets. View historical data on Diamond S Shipping Group and its competitors.
Is Diamond S Shipping Group's Debt-to-Asset too high?
Diamond S Shipping Group's current Debt-to-Asset is 0.55.
How does Diamond S Shipping Group's Debt-to-Asset compare to PRGNF and TEUFF?
Diamond S Shipping Group's Debt-to-Asset of 0.55 can be compared against companies in the Transportation industry. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Debt-to-Asset for a Transportation company?
A good Debt-to-Asset depends on the Transportation industry context. However, Debt-to-Asset should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Debt-to-Asset mean?
A high Debt-to-Asset can signal that a stock is expensive relative to its fundamentals. Debt-to-asset ratio represents the ratio of total debt to total assets. View historical data on Diamond S Shipping Group and its competitors. Diamond S Shipping Group's current Debt-to-Asset is 0.55. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Diamond S Shipping Group stock overvalued right now?
Diamond S Shipping Group (DSG) has a current Debt-to-Asset of 0.55. The current Debt-to-Asset is 0.55. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Debt-to-Asset calculated?
Debt-to-Asset is calculated from a company's financial statements. For Diamond S Shipping Group (DSG), the current Debt-to-Asset is 0.55 as of Mar. 2013. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Diamond S Shipping Group Business Description

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.