DSG (Diamond S Shipping Group) Interest Expense: $ Mil (TTM As of Mar. 2013)


What is Diamond S Shipping Group Interest Expense?

Diamond S Shipping Group DSG Interest Expense is $ Mil as of Mar. 2013. The stock has 1 warning sign investors should review.

Interest Expense is the amount reported by a company or individual as an expense for borrowed money. Diamond S Shipping Group's interest expense for the six months ended in Mar. 2013 was $ -33.40 Mil. Diamond S Shipping Group does not have enough years/quarters to calculate its interest expense for the trailing twelve months (TTM) ended in Mar. 2013.

Interest Coverage is a ratio that determines how easily a company can pay interest expenses on outstanding debt. It is calculated by dividing a company's Operating Income(EBIT) by its Interest Expense. Diamond S Shipping Group's Operating Income for the six months ended in Mar. 2013 was $ 44.38 Mil. Diamond S Shipping Group's Interest Expense for the six months ended in Mar. 2013 was $ -33.40 Mil. Diamond S Shipping Group's Interest Coverage for the quarter that ended in Mar. 2013 was 1.33. The higher the ratio, the stronger the company's financial strength is. Note: If both Interest Expense and Interest Income are empty, while Net Interest Income is negative, then use Net Interest Income as Interest Expense.

Diamond S Shipping Group  (NYSE:DSG) Interest Expense Explanation

Interest Coverage is a ratio that determines how easily a company can pay interest expenses on outstanding debt. It is calculated by dividing a company's Operating Income (EBIT) by its Interest Expense. The higher, the better.

Note: If both Interest Expense and Interest Income are empty, while Net Interest Income is negative, then use Net Interest Income as Interest Expense.

Diamond S Shipping Group's Interest Expense for the six months ended in Mar. 2013 was $-33.40 Mil. Its Operating Income for the six months ended in Mar. 2013 was $44.38 Mil. And its Long-Term Debt & Capital Lease Obligation for the six months ended in Mar. 2013 was $582.17 Mil.

Diamond S Shipping Group's Interest Coverage for the quarter that ended in Mar. 2013 is calculated as

Interest Coverage=-1* Operating Income (Q: Mar. 2013 )/Interest Expense (Q: Mar. 2013 )
=-1*44.381/-33.403
=1.33

* 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.

The higher the ratio, the stronger the company's financial strength is.

Warning Sign:

Ben Graham prefers companies interest coverage is at least 5. Diamond S Shipping Group Inc interest coverage is 1.33, which is low.

Diamond S Shipping Group Interest Expense Historical Data

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The historical data trend for Diamond S Shipping Group's Interest Expense 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 Interest Expense Chart

Diamond S Shipping Group Annual Data
Trend Mar12 Mar13
Interest Expense
-19.37 -33.40

Diamond S Shipping Group Semi-Annual Data
Mar12 Mar13
Interest Expense -19.37 -33.40

Diamond S Shipping Group Interest Expense Calculation

Interest Expense is the amount reported by a company or individual as an expense for borrowed money.

Frequently Asked Questions Learn more about Interest Expense →
What does a Interest Expense of $ Mil mean?
Diamond S Shipping Group (DSG) has a Interest Expense of $ Mil as of Mar. 2013. Interest Expense is the amount a company pays on its long-term debt. View historical data on Diamond S Shipping Group and its competitors.
Is Diamond S Shipping Group's Interest Expense too high?
Diamond S Shipping Group's current Interest Expense is $ Mil.
How does Diamond S Shipping Group's Interest Expense compare to PRGNF and TEUFF?
Diamond S Shipping Group's Interest Expense of $ Mil 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 Interest Expense for a Transportation company?
A good Interest Expense depends on the Transportation industry context. However, Interest Expense 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 Interest Expense mean?
A high Interest Expense can signal that a stock is expensive relative to its fundamentals. Interest Expense is the amount a company pays on its long-term debt. View historical data on Diamond S Shipping Group and its competitors. Diamond S Shipping Group's current Interest Expense is $ Mil. 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 Interest Expense of $ Mil. The current Interest Expense is $ Mil. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Interest Expense calculated?
Interest Expense is calculated from a company's financial statements. For Diamond S Shipping Group (DSG), the current Interest Expense is $ Mil 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.