We have continued to emphasize a focused balance year with strong liquidity and minimal leverage. Our cash position at December 30, 2011 was in excess of US$395 million or about US$50 million higher than at year end 2010.Long-term debt including current portion was US$374.8 million, compared to stockholders equity of US$1.19 billion. This solid financial position helps to ensure stability in a volatile market and this also a source of support for continue growth initiative.
Diana Shipping's CEO Discusses Q3 2011 Results - Earnings Call Transcript
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