The quick ratio measures a company's ability to meet its short-term obligations with its most liquid assets. It is calculated as a company's Total Current Assets excludes Total Inventories divides by its Total Current Liabilities. Diana Shipping's quick ratio for the quarter that ended in Mar. 2026 was 0.00.
Diana Shipping has a quick ratio of 0.00. It indicates that the company cannot currently fully pay back its current liabilities.
The historical rank and industry rank for Diana Shipping's Quick Ratio or its related term are showing as below:
During the past 13 years, Diana Shipping's highest Quick Ratio was 2.69. The lowest was 1.03. And the median was 1.86.
DSX's Quick Ratio is not ranked *
in the Transportation industry.
Industry Median: 1.37 * Ranked among companies with meaningful Quick Ratio only.
Diana Shipping (NYSE:DSX) Quick Ratio Explanation
The quick ratio is more conservative than the Current Ratio because it excludes inventories from current assets. The ratio derives its name presumably from the fact that assets such as cash and marketable securities are quick sources of cash. Inventories generally take time to be converted into cash, and if they have to be sold quickly, the company may have to accept a lower price than book value of these inventories. As a result, they are justifiably excluded from assets that are ready sources of immediate cash.
In general, low or decreasing quick ratios generally suggest that a company is over-leveraged, struggling to maintain or grow sales, paying bills too quickly or collecting receivables too slowly. On the other hand, a high or increasing quick ratio generally indicates that a company is experiencing solid top-line growth, quickly converting receivables into cash, and easily able to cover its financial obligations. Such companies often have faster inventory turnover and cash conversion cycles.
The higher the quick ratio, the better the company's liquidity position.
Diana Shipping Quick Ratio Related Terms
Diana Shipping Quick Ratio Historical Data
* Premium members only.
The historical data trend for Diana Shipping's Quick Ratio 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.
For the Marine Shipping subindustry, Diana Shipping's Quick Ratio, along with its competitors' market caps and Quick Ratio 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.
Diana Shipping Quick Ratio vs Transportation Industry
For the Transportation industry and Industrials sector, Diana Shipping's Quick Ratio distribution charts can be found below:
* The bar in red indicates where Diana Shipping's Quick Ratio falls into.
The quick ratio measures a company's ability to meet its short-term obligations with its most liquid assets. For this reason, the ratio excludes inventories from current assets.
Diana Shipping's Quick Ratio for the fiscal year that ended in Dec. 2025 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.
Diana Shipping (DSX) has a Quick Ratio of 0.00 as of Mar. 2026. Quick ratio is the ratio of current assets less inventory to current liabilities. View historical data on Diana Shipping and its competitors. Over the past decade, Diana Shipping's Quick Ratio has ranged from 1.03 to 2.69. According to the industry distribution chart, Diana Shipping ranks #999999 out of 1010 companies in the Transportation industry.
Is Diana Shipping's Quick Ratio too high?
Diana Shipping's current Quick Ratio is 0.00. Over the past 10 years, this metric has ranged from a low of 1.03 to a high of 2.69. Based on the distribution chart, Diana Shipping ranks #999999 out of 1010 companies in the Transportation industry, which is in the bottom quartile relative to peers. Overall, Diana Shipping has a GF Score™ of 67/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Diana Shipping's Quick Ratio compare to SHIP and GASS?
According to the Transportation industry distribution chart, Diana Shipping ranks #999999 out of 1010 companies for Quick Ratio. This places Diana Shipping in the lower half of its industry. The industry median Quick Ratio is 1.37. Historically, Diana Shipping's own Quick Ratio has ranged from 1.03 to 2.69 over the past decade. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Quick Ratio for a Transportation company?
The median Quick Ratio among Transportation companies is 1.37, based on 1,010 companies in the industry. Companies in the top quartile (top 25%) have a Quick Ratio significantly above this median, while those in the bottom quartile fall well below. However, Quick Ratio 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 Quick Ratio mean?
A high Quick Ratio can signal that a stock is expensive relative to its fundamentals. Quick ratio is the ratio of current assets less inventory to current liabilities. View historical data on Diana Shipping and its competitors. For the Transportation industry, the median Quick Ratio is 1.37 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Diana Shipping's current Quick Ratio is 0.00. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Diana Shipping stock overvalued right now?
Based on GuruFocus' analysis, Diana Shipping (DSX) is currently considered Fairly Valued. The stock's GF Value™ is $2.16, compared to a current price of $2.06 — trading 4.6% below its estimated fair value. The current Quick Ratio is 0.00. Diana Shipping's overall GF Score™ is 67/100 with 4 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Quick Ratio calculated?
Quick Ratio is calculated from a company's financial statements. For Diana Shipping (DSX), the current Quick Ratio is 0.00 as of Mar. 2026. 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.
Is Diana Shipping (DSX) Overvalued in 2026?
Based on GuruFocus' analysis, Diana Shipping stock appears to be undervalued.
The current stock price of $2.06 is trading 4.6% below its estimated GF Value™ of $2.16.
GuruFocus considers Diana Shipping to be Fairly Valued.
Key valuation signals for DSX:
Quick Ratio: 0.00
GF Value™: $2.16 vs. price of $2.06 (4.6% below fair value)
No single metric tells the full story. See the DSX stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Diana Shipping Inc provides shipping transportation services. The company, through its subsidiaries, operates a fleet of vessels consisting of dry bulk carriers such as Panamax, Kamsarmax, Post-Panamax, Capesize, and Newcastlemax vessels. Using this fleet, the firm provides transportation services for various goods, including coal, iron ore, and grains. It also transports minor bulks, including steel products, cement, and fertilizers, through its dry bulk carrier vessels. The operation of the vessels is the main source of revenue generation; the services provided by the vessels are similar, and all operate under the same economic environment.
67GF Score
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