Diamond S Shipping Group (Diamond S Shipping Group) Debt-to-EBITDA : 7.19 (As of Mar. 2013)

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

Debt-to-EBITDA measures a company's ability to pay off its debt.

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 annualized EBITDA for the quarter that ended in Mar. 2013 was $89.68 Mil. Diamond S Shipping Group's annualized Debt-to-EBITDA for the quarter that ended in Mar. 2013 was 7.18.

A high Debt-to-EBITDA ratio generally means that a company may spend more time to paying off its debt. According to Joel Tillinghast's BIG MONEY THINKS SMALL: Biases, Blind Spots, and Smarter Investing, a ratio of Debt-to-EBITDA exceeding four is usually considered scary unless tangible assets cover the debt.

The historical rank and industry rank for Diamond S Shipping Group's Debt-to-EBITDA or its related term are showing as below:

DSG's Debt-to-EBITDA is not ranked ^*
in the Transportation industry.
Industry Median: 2.845
* Ranked among companies with meaningful Debt-to-EBITDA only.

Diamond S Shipping Group Debt-to-EBITDA Historical Data

The historical data trend for Diamond S Shipping Group's Debt-to-EBITDA 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 Group Debt-to-EBITDA Chart

Diamond S Shipping Group Annual Data

Trend

Mar12

Mar13

Debt-to-EBITDA

22.81

7.19

Diamond S Shipping Group Semi-Annual Data
	Mar12	Mar13
Debt-to-EBITDA	22.81	7.19

Competitive Comparison of Diamond S Shipping Group's Debt-to-EBITDA

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

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

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

Diamond S Shipping Group Debt-to-EBITDA Calculation

Debt-to-EBITDA measures a company's ability to pay off its debt.

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

Debt-to-EBITDA	=	Total Debt			/	EBITDA
	=	(Short-Term Debt & Capital Lease Obligation	+	Long-Term Debt & Capital Lease Obligation)	/	EBITDA
	=	(62.173	+	582.166)	/	89.68
	=	7.18

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

Debt-to-EBITDA	=	Total Debt			/	EBITDA
	=	(Short-Term Debt & Capital Lease Obligation	+	Long-Term Debt & Capital Lease Obligation)	/	EBITDA
	=	(62.173	+	582.166)	/	89.68
	=	7.18

In the calculation of annual Debt-to-EBITDA, the EBITDA of the last fiscal year is used. In calculating the annualized quarterly data, the EBITDA data used here is one times the quarterly (Mar. 2013) EBITDA data.

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

In the calculation of Debt-to-EBITDA, we use the total of Short-Term Debt & Capital Lease Obligation and Long-Term Debt & Capital Lease Obligation divided by EBITDA. In some calculations, Total Liabilities is used to for calculation.

Be Aware

A high Debt-to-EBITDA ratio generally means that a company may spend more time to paying off its debt.

According to Joel Tillinghast's BIG MONEY THINKS SMALL: Biases, Blind Spots, and Smarter Investing, a ratio of Debt-to-EBITDA exceeding four is usually considered scary unless tangible assets cover the debt.

Diamond S Shipping Group Debt-to-EBITDA 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 » Debt-to-EBITDA

Comparable Companies

PRGNF TEUFF BSTN TOPS RLOG DRYS ESEA GTMAY PXS GLBS SHIP GNKOQ GSL NAO PANL NAP GASS NM DAC OSG

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.