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Diamond S Shipping (Diamond S Shipping) Debt-to-EBITDA : 114.37 (As of Mar. 2021)


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What is Diamond S Shipping Debt-to-EBITDA?

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

Diamond S Shipping's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2021 was $169.9 Mil. Diamond S Shipping's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2021 was $476.1 Mil. Diamond S Shipping's annualized EBITDA for the quarter that ended in Mar. 2021 was $5.6 Mil. Diamond S Shipping's annualized Debt-to-EBITDA for the quarter that ended in Mar. 2021 was 114.37.

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's Debt-to-EBITDA or its related term are showing as below:

DSSI' s Debt-to-EBITDA Range Over the Past 10 Years
Min: 3.97   Med: 5.01   Max: 6.58
Current: 6.58

During the past 3 years, the highest Debt-to-EBITDA Ratio of Diamond S Shipping was 6.58. The lowest was 3.97. And the median was 5.01.

DSSI's Debt-to-EBITDA is not ranked
in the Oil & Gas industry.
Industry Median: 1.74 vs DSSI: 6.58

Diamond S Shipping Debt-to-EBITDA Historical Data

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

Diamond S Shipping Annual Data
Trend Dec18 Dec19 Dec20
Debt-to-EBITDA
N/A 6.04 3.97

Diamond S Shipping Quarterly Data
Mar18 Jun18 Sep18 Dec18 Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21
Debt-to-EBITDA Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 2.45 2.26 6.74 -8.35 114.37

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

For the Oil & Gas Midstream subindustry, Diamond S Shipping'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's Debt-to-EBITDA Distribution in the Oil & Gas Industry

For the Oil & Gas industry and Energy sector, Diamond S Shipping's Debt-to-EBITDA distribution charts can be found below:

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



Diamond S Shipping Debt-to-EBITDA Calculation

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

Diamond S Shipping's Debt-to-EBITDA for the fiscal year that ended in Dec. 2020 is calculated as

Debt-to-EBITDA=Total Debt / EBITDA
=(Short-Term Debt & Capital Lease Obligation + Long-Term Debt & Capital Lease Obligation) / EBITDA
=(196.325 + 506.065) / 176.921
=3.97

Diamond S Shipping's annualized Debt-to-EBITDA for the quarter that ended in Mar. 2021 is calculated as

Debt-to-EBITDA=Total Debt / EBITDA
=(Short-Term Debt & Capital Lease Obligation + Long-Term Debt & Capital Lease Obligation) / EBITDA
=(169.923 + 476.06) / 5.648
=114.37

* 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.

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 four times the quarterly (Mar. 2021) EBITDA data.


Diamond S Shipping  (NYSE:DSSI) 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 Debt-to-EBITDA Related Terms

Thank you for viewing the detailed overview of Diamond S Shipping's Debt-to-EBITDA provided by GuruFocus.com. Please click on the following links to see related term pages.


Diamond S Shipping (Diamond S Shipping) Business Description

Traded in Other Exchanges
N/A
Address
33 Benedict Place, Greenwich, CT, USA, 06830
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

Diamond S Shipping (Diamond S Shipping) Headlines