Diana Current Deferred Revenue vs Net Working Capital Analysis
DSX Stock | USD 3.17 0.09 2.92% |
Diana Shipping financial indicator trend analysis is much more than just examining Diana Shipping inc latest accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Diana Shipping inc is a good investment. Please check the relationship between Diana Shipping Current Deferred Revenue and its Net Working Capital accounts. Check out Investing Opportunities to better understand how to build diversified portfolios, which includes a position in Diana Shipping inc. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in state.
Current Deferred Revenue vs Net Working Capital
Current Deferred Revenue vs Net Working Capital Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Diana Shipping inc Current Deferred Revenue account and Net Working Capital. At this time, the significance of the direction appears to have significant contrarian relationship.
The correlation between Diana Shipping's Current Deferred Revenue and Net Working Capital is -0.36. Overlapping area represents the amount of variation of Current Deferred Revenue that can explain the historical movement of Net Working Capital in the same time period over historical financial statements of Diana Shipping inc, assuming nothing else is changed. The correlation between historical values of Diana Shipping's Current Deferred Revenue and Net Working Capital is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Current Deferred Revenue of Diana Shipping inc are associated (or correlated) with its Net Working Capital. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Net Working Capital has no effect on the direction of Current Deferred Revenue i.e., Diana Shipping's Current Deferred Revenue and Net Working Capital go up and down completely randomly.
Correlation Coefficient | -0.36 |
Relationship Direction | Negative |
Relationship Strength | Insignificant |
Current Deferred Revenue
Revenue that has been collected but not yet earned, typically from prepaid service contracts or subscriptions. This amount is considered a liability until the service is provided or the subscription period ends.Net Working Capital
Most indicators from Diana Shipping's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Diana Shipping inc current financial condition. On the other hand, looking into the entire matrix of fundamental ratios indicators, and analyzing their relationships over time can provide a more complete picture of the company financial strength now and in the future. Check out Investing Opportunities to better understand how to build diversified portfolios, which includes a position in Diana Shipping inc. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in state. At this time, Diana Shipping's Sales General And Administrative To Revenue is fairly stable compared to the past year. Enterprise Value Over EBITDA is likely to rise to 6.84 in 2024, whereas Selling General Administrative is likely to drop slightly above 25.9 M in 2024.
Diana Shipping fundamental ratios Correlations
Click cells to compare fundamentals
Diana Shipping Account Relationship Matchups
High Positive Relationship
High Negative Relationship
Diana Shipping fundamental ratios Accounts
2019 | 2020 | 2021 | 2022 | 2023 | 2024 (projected) | ||
Total Assets | 1.1B | 872.4M | 842.2M | 1.2B | 1.2B | 1.2B | |
Short Long Term Debt Total | 475.0M | 420.3M | 423.7M | 754.9M | 642.8M | 399.9M | |
Other Current Liab | 11.4M | 11.0M | 8.5M | 21.1M | 13.2M | 13.8M | |
Total Current Liabilities | 65.5M | 61.6M | 65.1M | 131.6M | 85.1M | 56.1M | |
Total Stockholder Equity | 570.1M | 428.6M | 393.4M | 487.3M | 489.0M | 740.9M | |
Net Debt | 367.7M | 337.4M | 296.9M | 611.0M | 541.2M | 568.2M | |
Cash | 107.3M | 82.9M | 126.8M | 143.9M | 101.6M | 148.2M | |
Non Current Assets Total | 934.2M | 747.7M | 699.8M | 1.0B | 984.2M | 983.8M | |
Non Currrent Assets Other | 28.2M | (10.1M) | 9.6M | 16.4M | 15.3M | 21.2M | |
Cash And Short Term Investments | 107.3M | 82.9M | 126.8M | 143.9M | 162.3M | 151.1M | |
Common Stock Shares Outstanding | 95.2M | 86.1M | 84.9M | 83.3M | 101.9M | 75.7M | |
Liabilities And Stockholders Equity | 1.1B | 872.4M | 842.2M | 1.2B | 1.2B | 1.2B | |
Non Current Liabilities Total | 501.2M | 443.8M | 448.8M | 695.6M | 592.3M | 385.9M | |
Other Current Assets | 29.8M | 41.8M | 15.6M | 17.6M | 8.8M | 8.4M | |
Other Stockholder Equity | 1.0B | 1.0B | 982.7M | 1.1B | 1.1B | 837.4M | |
Total Liab | 501.2M | 443.8M | 448.8M | 695.6M | 677.4M | 412.9M | |
Total Current Assets | 137.0M | 124.7M | 142.4M | 161.6M | 182.2M | 170.0M | |
Other Liab | 986K | 1.2M | 25.1M | 133.0M | 153.0M | 160.6M | |
Retained Earnings | (452.6M) | (592.6M) | (590.3M) | (575.0M) | (613.9M) | (583.2M) | |
Accounts Payable | 11.4M | 8.6M | 9.8M | 11.2M | 9.7M | 7.5M | |
Other Assets | 28.2M | 29.9M | 9.6M | 16.4M | 18.9M | 19.1M | |
Long Term Debt | 434.7M | 420.3M | 423.7M | 663.4M | 461.1M | 368.7M | |
Inventory | 5.5M | 4.7M | 6.1M | 4.5M | 5.1M | 4.4M | |
Common Stock | 1.0M | 912K | 893K | 1.0M | 1.1M | 836.1K | |
Property Plant Equipment | 904.4M | 737.9M | 682.6M | 996.7M | 1.1B | 986.1M | |
Property Plant And Equipment Net | 904.4M | 737.9M | 682.6M | 996.7M | 924.5M | 1.0B | |
Current Deferred Revenue | 2.5M | 2.8M | 5.7M | 7.8M | 3.6M | 4.6M | |
Net Receivables | 7.9M | 6.4M | 3.8M | 6.3M | 6.0M | 8.6M | |
Property Plant And Equipment Gross | 904.4M | 737.9M | 682.6M | 996.7M | 1.1B | 1.0B | |
Accumulated Other Comprehensive Income | 109K | 69K | 71K | 253K | 308K | 323.4K | |
Short Term Debt | 40.2M | 39.2M | 41.1M | 91.5M | 58.7M | 53.6M | |
Net Tangible Assets | 570.0M | 428.5M | 393.4M | 487.3M | 438.6M | 635.4M | |
Deferred Long Term Liab | 4.2M | 9.1M | 8.1M | 16.3M | 18.7M | 19.7M | |
Long Term Investments | 1.7M | 0.0 | 7.6M | 8.3M | 24.1M | 14.5M | |
Short Long Term Debt | 40.2M | 39.2M | 41.1M | 91.5M | 49.5M | 75.3M | |
Long Term Debt Total | 434.7M | 420.3M | 423.7M | 663.4M | 597.1M | 400.9M | |
Capital Surpluse | 1.0B | 1.0B | 982.5M | 1.1B | 1.2B | 1.1B | |
Non Current Liabilities Other | 986K | 23.5M | 25.1M | 32.1M | 124.2M | 130.4M |
Pair Trading with Diana Shipping
One of the main advantages of trading using pair correlations is that every trade hedges away some risk. Because there are two separate transactions required, even if Diana Shipping position performs unexpectedly, the other equity can make up some of the losses. Pair trading also minimizes risk from directional movements in the market. For example, if an entire industry or sector drops because of unexpected headlines, the short position in Diana Shipping will appreciate offsetting losses from the drop in the long position's value.Moving together with Diana Stock
0.77 | SB | Safe Bulkers | PairCorr |
The ability to find closely correlated positions to Diana Shipping could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Diana Shipping when you sell it. If you don't do this, your portfolio allocation will be skewed against your target asset allocation. So, investors can't just sell and buy back Diana Shipping - that would be a violation of the tax code under the "wash sale" rule, and this is why you need to find a similar enough asset and use the proceeds from selling Diana Shipping inc to buy it.
The correlation of Diana Shipping is a statistical measure of how it moves in relation to other instruments. This measure is expressed in what is known as the correlation coefficient, which ranges between -1 and +1. A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as Diana Shipping moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Diana Shipping inc moves in either direction, the perfectly negatively correlated security will move in the opposite direction. If the correlation is 0, the equities are not correlated; they are entirely random. A correlation greater than 0.8 is generally described as strong, whereas a correlation less than 0.5 is generally considered weak.
Correlation analysis and pair trading evaluation for Diana Shipping can also be used as hedging techniques within a particular sector or industry or even over random equities to generate a better risk-adjusted return on your portfolios.Check out Investing Opportunities to better understand how to build diversified portfolios, which includes a position in Diana Shipping inc. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in state. You can also try the Content Syndication module to quickly integrate customizable finance content to your own investment portal.
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Is Diana Shipping's industry expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Diana Shipping. If investors know Diana will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Diana Shipping listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth (0.78) | Dividend Share 0.525 | Earnings Share 0.42 | Revenue Per Share 2.617 | Quarterly Revenue Growth (0.21) |
The market value of Diana Shipping inc is measured differently than its book value, which is the value of Diana that is recorded on the company's balance sheet. Investors also form their own opinion of Diana Shipping's value that differs from its market value or its book value, called intrinsic value, which is Diana Shipping's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Diana Shipping's market value can be influenced by many factors that don't directly affect Diana Shipping's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Diana Shipping's value and its price as these two are different measures arrived at by different means. Investors typically determine if Diana Shipping is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Diana Shipping's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.