DSG (Diamond S Shipping Group) Total Current Liabilities: $87.21 Mil (As of Mar. 2013)


What is Diamond S Shipping Group Total Current Liabilities?

Diamond S Shipping Group DSG Total Current Liabilities is $87.21 Mil as of Mar. 2013. The stock has 1 warning sign investors should review.

Total current liabilities includes Accounts Payable & Accrued Expense, Short-Term Debt & Capital Lease Obligation, Other Current Liabilities, and Current Deferred Liabilities. Diamond S Shipping Group's total current liabilities for the quarter that ended in Mar. 2013 was $87.21

Be Aware

Stay away from companies that roll over the debt e.g. Bear Stearns

When investing in financial institutions, Buffett shies from those who are bigger borrowers of short term than long term debt.

His favorite Wells Fargo has 57 cents short term debt for every dollar of long term.

Aggressive banks (like Bank of America) has $2.09 short term for every dollar long term

Diamond S Shipping Group Total Current Liabilities Related Terms

Diamond S Shipping Group Total Current Liabilities Historical Data

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The historical data trend for Diamond S Shipping Group's Total Current Liabilities 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 Total Current Liabilities Chart

Diamond S Shipping Group Annual Data
Trend Mar12 Mar13
Total Current Liabilities
81.35 87.21

Diamond S Shipping Group Semi-Annual Data
Mar12 Mar13
Total Current Liabilities 81.35 87.21

Diamond S Shipping Group Total Current Liabilities Calculation

Total Current Liabilities is the total amount of liabilities that the company needs to pay over the next 12 months.

Diamond S Shipping Group's Total Current Liabilities for the fiscal year that ended in Mar. 2013 is calculated as

Total Current Liabilities=Accounts Payable & Accrued Expense+Short-Term Debt & Capital Lease Obligation
=13.685+62.173
+Other Current Liabilities+Current Deferred Liabilities
=4.563+6.788
=87.21

Diamond S Shipping Group's Total Current Liabilities for the quarter that ended in Mar. 2013 is calculated as

Total Current Liabilities=Accounts Payable & Accrued Expense+Short-Term Debt & Capital Lease Obligation
=13.685+62.173
+Other Current Liabilities+Current Deferred Liabilities
=4.563+6.788
=87.21

* 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 increase of Total Current Liabilities of a company is not necessarily a bad thing. This may conserve the company's cash and contribute positively to cash flow.

Total Current Liabilities is linked to Total Current Assets through the Current Ratio and Working Capital. The Current Ratio is equal to dividing total current assets by total current liabilities. It is frequently used as an indicator of a company's liquidity, its ability to meet short-term obligations. Net working capital is calculated as Total Current Assets minus Total Current Liabilities.

What does a Total Current Liabilities of $87.21 Mil mean?
Diamond S Shipping Group (DSG) has a Total Current Liabilities of $87.21 Mil as of Mar. 2013. The total amount of liabilities with maturity less than one year as recorded on a company's balance sheet. View historical data for Diamond S Shipping Group and its competitors.
Is Diamond S Shipping Group's Total Current Liabilities too high?
Diamond S Shipping Group's current Total Current Liabilities is $87.21 Mil.
How does Diamond S Shipping Group's Total Current Liabilities compare to PRGNF and TEUFF?
Diamond S Shipping Group's Total Current Liabilities of $87.21 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 Total Current Liabilities for a Transportation company?
A good Total Current Liabilities depends on the Transportation industry context. However, Total Current Liabilities 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 Total Current Liabilities mean?
A high Total Current Liabilities can signal that a stock is expensive relative to its fundamentals. The total amount of liabilities with maturity less than one year as recorded on a company's balance sheet. View historical data for Diamond S Shipping Group and its competitors. Diamond S Shipping Group's current Total Current Liabilities is $87.21 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 Total Current Liabilities of $87.21 Mil. The current Total Current Liabilities is $87.21 Mil. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Total Current Liabilities calculated?
Total Current Liabilities is calculated from a company's financial statements. For Diamond S Shipping Group (DSG), the current Total Current Liabilities is $87.21 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.