Hi there, I am learning to teach myself how to analyse financial statements.
I am reading the transcript of a earnings call for Diana Shipping.
The CEO mentions this...
We continue to operate with a very manageable degree of leverage. long-term debt including current portion was US$424.5 million compared to stockholder’s equity of US$1.2 billion.
So what does this tell me? Is this good?
What ratio should I use to put these numbers together? Debt to Equity?
Thanks in advance
/Clueless in financial statements