Diamond S Shipping Inc.: Diamond S Shipping Insights: Return On Capital Employed

During Q1, Diamond S Shipping's (NYSE:DSSI) reported sales totaled $87.72 million. Despite a 28.84% in earnings, the company posted a loss of $26.64 million. Diamond S Shipping collected $90.03 million in revenue during Q4, but reported earnings showed a $20.68 million loss. Why ROCE Is Significant Changes in earnings and sales indicate shifts in Diamond S Shipping's Return on Capital Employed, a measure of yearly pre-tax profit relative to capital employed by a business. Generally, a higher ROCE suggests successful growth of a company and ...Full story available on Benzinga.com