DSX

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Diana Shipping ([[DSX]] +1.1%) through its separate wholly-owned subsidiary, entered into a time charter contract with Rotterdam-based Glencore Agriculture B.V., for one of its 2006-built Panamax dry bulk vessels, the

Through its wholly-owned subsidiary, Diana Shipping ([[DSX]] +1.8%) entered into a time charter contract with CLdN Cobelfret, Luxembourg, for one of its 2012-built Post-Panamax dry bulk vessels, the m/v Polymnia.Gross charter rate

Diana Shipping ([[DSX]]) reports Q3 time charter $42.3M, compared to $53.5M in Q3 2019, beating consensus of $41MRevenue decrease resulted from the sale of six vessels in 2019 and two vessels

Shares of Diana Shipping (NYSE: DSX) rose by 16.31% in the past three months. Before we understand the importance of debt, let us look at how much debt Diana Shipping has.Diana Shipping's Debt According to the Diana Shipping's most recent financial statement as reported on March 31, 2020, total debt is at $474.95 million, with $434.75 million in long-term debt and $40.20 million in current debt. Adjusting for $107.29 million in cash-equivalents, the company has a net debt of $367.66 million.Let's define some of the terms we used in the paragraph above. Current debt is the portion of a company's debt which is due within 1 year, while long-term debt is the portion due in more than 1 year. Cash equivalents include cash and any liquid securities with maturity periods of 90 days or less. Total debt equals current debt plus long-term debt minus cash equivalents.Shareholders look at the debt-ratio to understand how much financial leverage a company has. Diana Shipping has $1.07 billion in total assets, therefore making the debt-ratio 0.44. Generally speaking, a debt-ratio more than one means that a large portion of debt is funded by assets. As the debt-ratio increases, so the does the risk of defaulting on loans, if interest rates were to increase. Different industries have different thresholds of tolerance for debt-ratios. A debt ratio of 25% might be higher for one industry and normal for another.Why Shareholders Look At Debt? Besides equity, debt is an important factor in the capital structure of a company, and contributes to its growth. Due to its lower financing cost compared to equity, it becomes an attractive option for executives trying to raise capital.Interest-payment obligations can impact the cash-flow of the company. Equity owners can keep excess profit, generated from the debt capital, when companies use the debt capital for its business operations.Looking for stocks with low debt-to-equity ratios? Check out Benzinga Pro, a market research platform which provides investors with near-instantaneous access to dozens of stock metrics - including debt-to-equity ratio. Click here to learn more. See more from Benzinga * Click here for options trades from Benzinga * Diana Shipping: Q3 Earnings Insights * Earnings Scheduled For November 23, 2020(C) 2020 Benzinga.com. Benzinga does not provide investment advice. All rights reserved.

Diana Shipping (DSX): Q3 GAAP EPS of -$0.17 misses by $0.09.Revenue of $42.34M (-20.9% Y/Y) beats by $2.09M.Press Release

Diana Shipping (NYSE:DSX) reported quarterly losses of $(0.17) per share which missed the analyst consensus estimate of $(0.08) by 112.5 percent. The company reported quarterly sales of $42.30 million which beat the