DSG (Diamond S Shipping Group) Net Income: $11.04 Mil (TTM As of Mar. 2013)

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What is Diamond S Shipping Group Net Income?

Diamond S Shipping Group DSG Net Income is $11.04 Mil as of Mar. 2013. The stock has 1 warning sign investors should review.

Net Income is the net profit that a company earns after deducting all costs and losses including cost of goods, SGA, DDA, interest expenses, non-recurring items and tax. Diamond S Shipping Group's Net Income for the six months ended in Mar. 2013 was $11.04 Mil. Its Net Income for the trailing twelve months (TTM) ended in Mar. 2013 was $11.04 Mil.

Net Income is linked to the most popular Earnings per Share (Diluted) number. Diamond S Shipping Group's Earnings per Share (Diluted) for the six months ended in Mar. 2013 was $.


Diamond S Shipping Group  (NYSE:DSG) Net Income Explanation

Net Income is the most widely cited number in reporting a company's profitability. It is linked to the most popular earnings-per-share (EPS) number through:

Diamond S Shipping Group's Earnings per Share (Diluted) (EPS) for the quarter that ended in Mar. 2013 is calculated as

* 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.

Although Net Income and Earnings-per-Share (EPS) are the most widely used parameter in measuring a company's profitability and valuation, it is the least reliable. The reason is that reported earnings can be manipulated easily by adjusting any numbers such as Depreciation, Depletion and Amotorization and non-recurring items.

EPS is most useful for companies that have:

A predictable business
Consistent accounting methods
And few restructurings

The dividend paid to preferred stocks needs to be subtracted from the total net income in the calculation of EPS because common stock holders are not entitled to that part of the net income.


Be Aware

Warren Buffett looks for consistency and upward long term trend. Because of share repurchase it is possible for net earnings trend to differ from EPS trend. He preferred Net Income over EPS. The companies with durable competitive advantage companies report higher % net earnings to total revenues.

Important: If a company is showing net earnings history greater than 20% on total revenues, it is probably benefiting from a long term competitive advantage.

If net earnings is less than 10%, likely to be in a highly competitive business.


Diamond S Shipping Group Net Income Related Terms


Diamond S Shipping Group Net Income Historical Data

* Premium members only.

The historical data trend for Diamond S Shipping Group's Net Income 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 Net Income Chart

Diamond S Shipping Group Annual Data
Trend Mar12 Mar13
Net Income
-11.10 11.04

Diamond S Shipping Group Semi-Annual Data
Mar12 Mar13
Net Income -11.10 11.04

Diamond S Shipping Group Net Income Calculation

Net Income is the net profit that a company earns after deducting all costs and losses including cost of goods, SGA, DDA, interest expenses, non-recurring items and tax.

Net Income
= Revenue - Cost of Goods Sold - Selling, General, & Admin. Expense - Research & Development - Depreciation, Depletion and Amortization - Interest Expense - Non Operating Income (NRI) - Tax Expense + Others
= EBITDA - Depreciation, Depletion and Amortization - Interest Expense - Non Operating Income (NRI) - Tax Expense + Others
= Operating Income - Interest Expense - Non Operating Income (NRI) - Tax Expense + Others
= Pre-Tax Income - Tax Expense + Others

Diamond S Shipping Group's Net Income for the fiscal year that ended in Mar. 2013 is calculated as

Net Income(A: Mar. 2013 )
= Pre-Tax Income + Tax Provision + Net Income (Discontinued Operations) + Others
=11.036+0+0+0
=11.04

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

Net Income(Q: Mar. 2013 )
= Pre-Tax Income + Tax Provision + Net Income (Discontinued Operations) + Others
=11.036+0+0+0
=11.04

For stock reported annually, GuruFocus uses latest annual data as the TTM data. Net Income for the trailing twelve months (TTM) ended in Mar. 2013 was $11.04 Mil.

* 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 Net Income →
What does a Net Income of $11.04 Mil mean?
Diamond S Shipping Group (DSG) has a Net Income of $11.04 Mil as of Mar. 2013. Net Income is the total earnings after all operating expenses, interest and taxes. View historical data on Diamond S Shipping Group and its competitors.
Is Diamond S Shipping Group's Net Income too high?
Diamond S Shipping Group's current Net Income is $11.04 Mil.
How does Diamond S Shipping Group's Net Income compare to PRGNF and TEUFF?
Diamond S Shipping Group's Net Income of $11.04 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 Net Income for a Transportation company?
A good Net Income depends on the Transportation industry context. However, Net Income 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 Net Income mean?
A high Net Income can signal that a stock is expensive relative to its fundamentals. Net Income is the total earnings after all operating expenses, interest and taxes. View historical data on Diamond S Shipping Group and its competitors. Diamond S Shipping Group's current Net Income is $11.04 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 Net Income of $11.04 Mil. The current Net Income is $11.04 Mil. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Net Income calculated?
Net Income is calculated from a company's financial statements. For Diamond S Shipping Group (DSG), the current Net Income is $11.04 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.