DSG (Diamond S Shipping Group) Effective Interest Rate on Debt %: 4.95% (As of Mar. 2013)


What is Diamond S Shipping Group Effective Interest Rate on Debt %?

Diamond S Shipping Group DSG Effective Interest Rate on Debt % is 4.95% as of Mar. 2013. The stock has 1 warning sign investors should review.

Effective Interest Rate on Debt % is the usage rate that a borrower actually pays on a debt. It is calculated as the positive value of Interest Expense divided by its average total debt. Total debt equals to Long-Term Debt & Capital Lease Obligation plus Short-Term Debt & Capital Lease Obligation. Diamond S Shipping Group's annualized positive value of Interest Expense for the quarter that ended in Mar. 2013 was $33.40 Mil. Diamond S Shipping Group's average total debt for the quarter that ended in Mar. 2013 was $674.31 Mil. Therefore, Diamond S Shipping Group's annualized Effective Interest Rate on Debt % for the quarter that ended in Mar. 2013 was 4.95%.

Diamond S Shipping Group  (NYSE:DSG) Effective Interest Rate on Debt % Explanation

Effective Interest Rate on Debt % measures the usage rate that a borrower actually pays on a debt.

Diamond S Shipping Group Effective Interest Rate on Debt % Related Terms

Diamond S Shipping Group Effective Interest Rate on Debt % Historical Data

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The historical data trend for Diamond S Shipping Group's Effective Interest Rate on Debt % 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 Effective Interest Rate on Debt % Chart

Diamond S Shipping Group Annual Data
Trend Mar12 Mar13
Effective Interest Rate on Debt %
2.75 4.95

Diamond S Shipping Group Semi-Annual Data
Mar12 Mar13
Effective Interest Rate on Debt % 2.75 4.95

DSG vs PRGNF, TEUFF, BSTN: Effective Interest Rate on Debt % Comparison

For the Marine Shipping subindustry, Diamond S Shipping Group's Effective Interest Rate on Debt %, along with its competitors' market caps and Effective Interest Rate on Debt % 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 Effective Interest Rate on Debt % vs Transportation Industry

For the Transportation industry and Industrials sector, Diamond S Shipping Group's Effective Interest Rate on Debt % distribution charts can be found below:

* The bar in red indicates where Diamond S Shipping Group's Effective Interest Rate on Debt % falls into.


Diamond S Shipping Group Effective Interest Rate on Debt % Calculation

Diamond S Shipping Group's annualized Effective Interest Rate on Debt % for the fiscal year that ended in Mar. 2013 is calculated as

Effective Interest Rate on Debt %
=-1  *  Interest Expense/( (Total Debt  (A: Mar. 2012 )+Total Debt  (A: Mar. 2013 ))/ count )
=-1  *  -33.403/( (704.277+644.339)/ 2 )
=-1  *  -33.403/674.308
=4.95 %

where

Total Debt  (A: Mar. 2012 )
=Long-Term Debt & Capital Lease Obligation + Short-Term Debt & Capital Lease Obligation
=644.339 + 59.938
=704.277

Total Debt  (A: Mar. 2013 )
=Long-Term Debt & Capital Lease Obligation + Short-Term Debt & Capital Lease Obligation
=582.166 + 62.173
=644.339

Diamond S Shipping Group's annualized Effective Interest Rate on Debt % for the quarter that ended in Mar. 2013 is calculated as

Effective Interest Rate on Debt %
=-1  *  Interest Expense/( (Total Debt  (Q: Mar. 2012 )+Total Debt  (Q: Mar. 2013 ))/ count )
=-1  *  -33.403/( (704.277+644.339)/ 2 )
=-1  *  -33.403/674.308
=4.95 %

where

Total Debt  (Q: Mar. 2012 )
=Long-Term Debt & Capital Lease Obligation + Short-Term Debt & Capital Lease Obligation
=644.339 + 59.938
=704.277

Total Debt  (Q: Mar. 2013 )
=Long-Term Debt & Capital Lease Obligation + Short-Term Debt & Capital Lease Obligation
=582.166 + 62.173
=644.339

* 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 Effective Interest Rate on Debt %, the Interest Expense of the last fiscal year and the average total debt over the fiscal year are used. In calculating the quarterly data, the Interest Expense data used here is one times the annual (Mar. 2013) interest expense data. Effective Interest Rate on Debt % is displayed in the 30-year financial page.

What does a Effective Interest Rate on Debt % of 4.95% mean?
Diamond S Shipping Group (DSG) has a Effective Interest Rate on Debt % of 4.95% as of Mar. 2013. Effective interest rate on debt is the rate a company actually pays on its debt. View historical data on Diamond S Shipping Group and its competitors.
Is Diamond S Shipping Group's Effective Interest Rate on Debt % too high?
Diamond S Shipping Group's current Effective Interest Rate on Debt % is 4.95%.
How does Diamond S Shipping Group's Effective Interest Rate on Debt % compare to PRGNF and TEUFF?
Diamond S Shipping Group's Effective Interest Rate on Debt % of 4.95% 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 Effective Interest Rate on Debt % for a Transportation company?
A good Effective Interest Rate on Debt % depends on the Transportation industry context. However, Effective Interest Rate on Debt % 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 Effective Interest Rate on Debt % mean?
A high Effective Interest Rate on Debt % can signal that a stock is expensive relative to its fundamentals. Effective interest rate on debt is the rate a company actually pays on its debt. View historical data on Diamond S Shipping Group and its competitors. Diamond S Shipping Group's current Effective Interest Rate on Debt % is 4.95%. 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 Effective Interest Rate on Debt % of 4.95%. The current Effective Interest Rate on Debt % is 4.95%. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Effective Interest Rate on Debt % calculated?
Effective Interest Rate on Debt % is calculated from a company's financial statements. For Diamond S Shipping Group (DSG), the current Effective Interest Rate on Debt % is 4.95% 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.