Company Quick10K Filing
Diana Shipping
20-F 2019-12-31 Filed 2020-03-31
20-F 2018-12-31 Filed 2019-03-12
20-F 2017-12-31 Filed 2018-03-16
20-F 2016-12-31 Filed 2017-02-17
20-F 2015-12-31 Filed 2016-03-28
20-F 2014-12-31 Filed 2015-03-25
20-F 2013-12-31 Filed 2014-03-27
20-F 2012-12-31 Filed 2013-03-22
20-F 2011-12-31 Filed 2012-04-20
20-F 2010-12-31 Filed 2011-03-31
20-F 2009-12-31 Filed 2010-03-30

Diana Shipping Financials

DSX Metrics, Comps, Filings

Quarterly | Annual

Business

Diana Shipping Inc. is a holding company incorporated under the laws of Liberia in March 1999 as Diana Shipping Investments Corp. In February 2005, the Company's articles of incorporation were amended. Under the amended and restated articles of incorporation, the Company was renamed Diana Shipping Inc. and was re-domiciled from the Republic of Liberia to the Republic of the Marshall Islands. Our executive offices are located at Pendelis 16, 175 64 Palaio Faliro, Athens, Greece. Our telephone number at this address is +30-210-947-0100. Our agent and authorized representative in the United States is our wholly-owned subsidiary, Bulk Carriers (USA) LLC, established in September 2006, in the State of Delaware, which is located at 2711 Centerville Road, Suite 400, Wilmington, Delaware 19808. The SEC maintains an Internet site that contains reports, proxy and information statements, and other information regarding issuers that file electronically with the SEC. The address of the SEC's Internet site is http://www.sec.gov. The address of the Company's Internet site is http://www.dianashippinginc.com.

Business Development and Capital Expenditures and Divestitures

In January 2016, we entered into a loan agreement with the China Export Import Bank, or CEXIM Bank for a loan of up to $75.7 million to finance part of the construction cost of San Francisco, Newport News and Hull DY6006. On January 4, 2017, we drew down $57.24 million. On February 6, 2017, we signed a Deed of Release with the bank, pursuant to which, the owner of Hull DY6006 was released from all of its obligations under the loan agreement as a borrower as a result of the cancellation of its shipbuilding contract with the yards.


Valuation ($BB)

Market Cap, Enterprise Value

Balance Sheet ($BB)

Assets, Equity

Income Statement ($BB Quarterly)

Revenue, G Profit, Net Income

Cash Flow ($BB Quarterly)

Ops, Inv, Fin

Comps ($MM TTM) Market Cap Gross Margin EV/EBITDA Ret on Assets Assets Liabilities Revenue G Profit Net Income EBITDA EV
Navigator Holdings (NVGS) 513 0% 1,833 878 0 0 0 0 1,117
Marine Products (MPX) 509 22% 15.3 21% 119 37 244 55 25 32 486
International Seaways (INSW) 506 0% 9.5 -0% 1,829 846 343 0 -6 121 1,149
Costamare (CMRE) 505 0% 3,051 1,694 0 0 0 0 1,655
Teekay Offshore Partners (TOO) 505 0% 5,312 3,853 0 0 0 0 3,413
Scorpio Bulkers (SALT) 399 0% -3.4 -19% 1,704 843 100 0 -324 -324 1,098
Genco Shipping & Trading (GNK) 391 0% 18.4 -2% 1,562 564 393 0 -39 40 743
Eagle Bulk Shipping (EGLE) 357 0% 15.1 -0% 970 479 308 0 -4 47 706
Teekay (TK) 337 0% 8,392 5,525 0 0 0 0 3,195
Diana Shipping (DSX) 330 0% 1,188 560 0 0 0 0 713
SEACOR Marine Holdings (SMHI) 319 27% -21.4 -10% 1,041 546 227 60 -101 -33 708
Nordic American Tankers (NAT) 288 0% 1,071 469 0 0 0 0 675
MCBC Holdings (MCFT) 275 24% 8.3 8% 257 176 483 115 22 46 383
Teekay Tankers (TNK) 252 0% 2,161 1,214 0 0 0 0 934
Tsakos Energy Navigation (TNP) 230 0% 3,205 1,710 0 0 0 0 1,617
Safe Bulkers (SB) 181 0% 1,076 593 0 0 0 0 698
Ardmore Shipping (ASC) 161 0% 845 498 0 0 0 0 336
Overseas Shipholding Group (OSG) 157 0% 7.9 -1% 1,137 807 346 0 -7 61 483
Danaos (DAC) 149 0% 2,680 1,989 0 0 0 0 1,694
Pangaea Logistics Solutions (PANL) 144 0% 5.5 4% 485 309 282 0 20 40 221

Balance Sheet ($MM)2012-12-312013-12-312014-12-312015-12-312016-12-312017-12-312018-12-31
Cash4472412191939866151
Accounts Receivable7165653
Inventory5676666
PP&E1,5151,6871,8081,9481,9871,2671,229
Assets1,7431,7021,7871,8371,6691,2471,188
Accounts Payable771097811
Long-Term Debt461433486606603605535
Liabilities476449505619612622560
Stockholders' Equity1,2661,2531,2821,2181,057625628
Income Statement ($MM)2012-12-312013-12-312014-12-312015-12-312016-12-312017-12-312018-12-31
Revenue
Cost of Revenue
Gross Profit
R&D
SG&A
Tax
Net Income
Cash Flow ($MM)2012-12-312013-12-312014-12-312015-12-312016-12-312017-12-312018-12-31
Cash Operating
Cash Investing
Cash Financing