Diana Depreciation And Amortization vs Income Before Tax Analysis

DSX Stock  USD 3.20  0.01  0.31%   
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 Depreciation And Amortization and its Income Before Tax 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.

Depreciation And Amortization vs Income Before Tax

Depreciation And Amortization vs Income Before Tax Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Diana Shipping inc Depreciation And Amortization account and Income Before Tax. At this time, the significance of the direction appears to have significant contrarian relationship.
The correlation between Diana Shipping's Depreciation And Amortization and Income Before Tax is -0.35. Overlapping area represents the amount of variation of Depreciation And Amortization that can explain the historical movement of Income Before Tax 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 Depreciation And Amortization and Income Before Tax is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Depreciation And Amortization of Diana Shipping inc are associated (or correlated) with its Income Before Tax. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Income Before Tax has no effect on the direction of Depreciation And Amortization i.e., Diana Shipping's Depreciation And Amortization and Income Before Tax go up and down completely randomly.

Correlation Coefficient

-0.35
Relationship DirectionNegative 
Relationship StrengthInsignificant

Depreciation And Amortization

The systematic reduction in the recorded value of an intangible asset. This includes the allocation of the cost of tangible assets to periods in which the assets are used, representing the expense related to the wear and tear, deterioration, or obsolescence of physical assets and intangible assets over their useful lives.

Income Before Tax

Income Before Tax which can also be referred as pre-tax income is reported on Diana Shipping income statement and is an important metric when analyzing Diana Shipping inc profitability. Accounting techniques because taxes can be complex, and not perfectly consistent from one company to company, an analyst may use pre-tax income as a more stable measure of profitability.
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

0.53-0.590.340.950.00.660.980.020.660.530.440.060.60.570.69-0.150.580.380.210.550.570.770.450.970.98
0.530.160.860.250.710.00.6-0.220.030.780.970.260.830.980.090.29-0.240.770.350.940.650.670.860.650.6
-0.590.160.28-0.740.51-0.51-0.55-0.37-0.490.150.290.080.10.14-0.480.54-0.860.220.190.150.12-0.330.29-0.5-0.53
0.340.860.280.10.62-0.030.4-0.23-0.020.690.790.140.710.790.010.27-0.310.780.180.740.510.570.760.430.4
0.950.25-0.740.1-0.260.760.90.120.740.30.13-0.060.360.280.75-0.280.770.140.10.270.390.620.180.870.9
0.00.710.510.62-0.26-0.590.16-0.03-0.570.470.750.270.490.68-0.520.54-0.660.520.420.650.490.290.610.20.17
0.660.0-0.51-0.030.76-0.590.48-0.30.990.18-0.1-0.230.20.020.98-0.150.630.08-0.280.040.270.30.080.490.5
0.980.6-0.550.40.90.160.480.130.480.540.510.090.620.630.51-0.140.510.410.330.610.560.80.470.991.0
0.02-0.22-0.37-0.230.12-0.03-0.30.13-0.33-0.55-0.28-0.22-0.52-0.26-0.39-0.290.48-0.50.29-0.29-0.54-0.2-0.550.060.11
0.660.03-0.49-0.020.74-0.570.990.48-0.330.22-0.08-0.260.230.060.98-0.080.60.09-0.290.050.310.30.120.50.49
0.530.780.150.690.30.470.180.54-0.550.220.80.340.970.820.290.14-0.30.880.20.740.850.820.960.60.54
0.440.970.290.790.130.75-0.10.51-0.28-0.080.80.380.850.970.00.26-0.370.760.470.960.650.640.880.560.51
0.060.260.080.14-0.060.27-0.230.09-0.22-0.260.340.380.340.31-0.08-0.27-0.220.160.120.370.120.250.370.080.09
0.60.830.10.710.360.490.20.62-0.520.230.970.850.340.880.30.15-0.250.880.250.850.860.860.950.670.62
0.570.980.140.790.280.680.020.63-0.260.060.820.970.310.880.130.29-0.240.770.380.950.720.710.890.690.62
0.690.09-0.480.010.75-0.520.980.51-0.390.980.290.0-0.080.30.13-0.110.560.13-0.280.120.360.360.210.540.52
-0.150.290.540.27-0.280.54-0.15-0.14-0.29-0.080.140.26-0.270.150.29-0.11-0.550.22-0.110.230.47-0.140.33-0.04-0.11
0.58-0.24-0.86-0.310.77-0.660.630.510.480.6-0.3-0.37-0.22-0.25-0.240.56-0.55-0.39-0.05-0.23-0.280.11-0.420.450.5
0.380.770.220.780.140.520.080.41-0.50.090.880.760.160.880.770.130.22-0.390.040.750.720.750.850.450.4
0.210.350.190.180.10.42-0.280.330.29-0.290.20.470.120.250.38-0.28-0.11-0.050.040.390.170.210.20.30.34
0.550.940.150.740.270.650.040.61-0.290.050.740.960.370.850.950.120.23-0.230.750.390.650.680.820.630.61
0.570.650.120.510.390.490.270.56-0.540.310.850.650.120.860.720.360.47-0.280.720.170.650.720.840.640.58
0.770.67-0.330.570.620.290.30.8-0.20.30.820.640.250.860.710.36-0.140.110.750.210.680.720.710.80.79
0.450.860.290.760.180.610.080.47-0.550.120.960.880.370.950.890.210.33-0.420.850.20.820.840.710.550.47
0.970.65-0.50.430.870.20.490.990.060.50.60.560.080.670.690.54-0.040.450.450.30.630.640.80.550.99
0.980.6-0.530.40.90.170.51.00.110.490.540.510.090.620.620.52-0.110.50.40.340.610.580.790.470.99
Click cells to compare fundamentals

Diana Shipping Account Relationship Matchups

Diana Shipping fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets1.1B872.4M842.2M1.2B1.2B1.2B
Short Long Term Debt Total475.0M420.3M423.7M754.9M642.8M399.9M
Other Current Liab11.4M11.0M8.5M21.1M13.2M13.8M
Total Current Liabilities65.5M61.6M65.1M131.6M85.1M56.1M
Total Stockholder Equity570.1M428.6M393.4M487.3M489.0M740.9M
Net Debt367.7M337.4M296.9M611.0M541.2M568.2M
Cash107.3M82.9M126.8M143.9M101.6M148.2M
Non Current Assets Total934.2M747.7M699.8M1.0B984.2M983.8M
Non Currrent Assets Other28.2M(10.1M)9.6M16.4M15.3M21.2M
Cash And Short Term Investments107.3M82.9M126.8M143.9M162.3M151.1M
Common Stock Shares Outstanding95.2M86.1M84.9M83.3M101.9M75.7M
Liabilities And Stockholders Equity1.1B872.4M842.2M1.2B1.2B1.2B
Non Current Liabilities Total501.2M443.8M448.8M695.6M592.3M385.9M
Other Current Assets29.8M41.8M15.6M17.6M8.8M8.4M
Other Stockholder Equity1.0B1.0B982.7M1.1B1.1B837.4M
Total Liab501.2M443.8M448.8M695.6M677.4M412.9M
Total Current Assets137.0M124.7M142.4M161.6M182.2M170.0M
Other Liab986K1.2M25.1M133.0M153.0M160.6M
Retained Earnings(452.6M)(592.6M)(590.3M)(575.0M)(613.9M)(583.2M)
Accounts Payable11.4M8.6M9.8M11.2M9.7M7.5M
Other Assets28.2M29.9M9.6M16.4M18.9M19.1M
Long Term Debt434.7M420.3M423.7M663.4M461.1M368.7M
Inventory5.5M4.7M6.1M4.5M5.1M4.4M
Common Stock1.0M912K893K1.0M1.1M836.1K
Property Plant Equipment904.4M737.9M682.6M996.7M1.1B986.1M
Property Plant And Equipment Net904.4M737.9M682.6M996.7M924.5M1.0B
Current Deferred Revenue2.5M2.8M5.7M7.8M3.6M4.6M
Net Receivables7.9M6.4M3.8M6.3M6.0M8.6M
Property Plant And Equipment Gross904.4M737.9M682.6M996.7M1.1B1.0B
Accumulated Other Comprehensive Income109K69K71K253K308K323.4K
Short Term Debt40.2M39.2M41.1M91.5M58.7M53.6M
Net Tangible Assets570.0M428.5M393.4M487.3M438.6M635.4M
Deferred Long Term Liab4.2M9.1M8.1M16.3M18.7M19.7M
Long Term Investments1.7M0.07.6M8.3M24.1M14.5M
Short Long Term Debt40.2M39.2M41.1M91.5M49.5M75.3M
Long Term Debt Total434.7M420.3M423.7M663.4M597.1M400.9M
Capital Surpluse1.0B1.0B982.5M1.1B1.2B1.1B
Non Current Liabilities Other986K23.5M25.1M32.1M124.2M130.4M

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When determining whether Diana Shipping inc offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Diana Shipping's financial statements, including income statements, balance sheets, and cash flow statements, to assess its financial health. Key financial ratios are used to gauge profitability, efficiency, and growth potential of Diana Shipping Inc Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Diana Shipping Inc Stock:
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 Portfolio Dashboard module to portfolio dashboard that provides centralized access to all your investments.

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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.