Ardmore Shipping Corp financial data

Symbol
ASC on NYSE
Industry
Deep Sea Foreign Transportation of Freight
Location
69 Pitts Bay Road, Hamilton, Bermuda
State of incorporation
Marshall Islands
Fiscal year end
December 31
Latest financial report
6-K - Q2 2024 - Jul 31, 2024

Key Ratios

Label TTM Value / Value Unit Change %
Current Ratio 281 % +25.2%
Quick Ratio 27.6 % +13.1%
Debt-to-equity 19.4 % -55.2%
Return On Equity 26.8 % -31.5%
Return On Assets 21.3 % -17.8%

Shares

Label TTM Value / Value Unit Change %
Entity Common Stock, Shares Outstanding 41.3M shares +1.67%
Common Stock, Shares, Outstanding 41.3M shares +1.67%
Common Stock, Value, Issued 439K USD +1.39%
Weighted Average Number of Shares Outstanding, Basic 41.7M shares +1.35%
Weighted Average Number of Shares Outstanding, Diluted 42M shares +0.73%

Income Statement

Label TTM Value / Value Unit Change %
Revenues 413M USD -14.8%
Income Tax Expense (Benefit) 266K USD -42.3%
Net Income (Loss) Attributable to Parent 150M USD -18.6%
Earnings Per Share, Basic 3.54 USD/shares -24.2%
Earnings Per Share, Diluted 3.49 USD/shares -23.3%

Balance Sheet

Label TTM Value / Value Unit Change %
Accounts Receivable, after Allowance for Credit Loss, Current 75.2M USD +19.2%
Inventory, Net 13.2M USD -7.11%
Assets, Current 142M USD +5.43%
Property, Plant and Equipment, Net 558M USD +7.08%
Operating Lease, Right-of-Use Asset 9.51M USD +20.2%
Assets 742M USD +6.59%
Accrued Liabilities, Current 18.3M USD -12.6%
Liabilities, Current 40.7M USD +5.35%
Operating Lease, Liability, Noncurrent 1.46M USD +106%
Other Liabilities, Noncurrent 954K USD -5.26%
Liabilities 87.3M USD -43.8%
Accumulated Other Comprehensive Income (Loss), Net of Tax 0 USD -100%
Retained Earnings (Accumulated Deficit) 160M USD +224%
Stockholders' Equity Attributable to Parent 618M USD +22.6%
Liabilities and Equity 742M USD +6.59%

Popular Metrics

Label TTM Value / Value Unit Change %
Net Cash Provided by (Used in) Operating Activities 49.2M USD -13.5%
Net Cash Provided by (Used in) Financing Activities -33.9M USD +30.3%
Net Cash Provided by (Used in) Investing Activities -13.4M USD -118%
Common Stock, Shares Authorized 225M shares 0%
Common Stock, Shares, Issued 43.3M shares +1.59%
Common Stock, Par or Stated Value Per Share 0.01 USD/shares 0%
Cash, Cash Equivalents, Restricted Cash and Restricted Cash Equivalents 47.4M USD -7.02%
Operating Lease, Liability 4.32M USD -58.2%
Depreciation 28.6M USD +1.35%
Comprehensive Income (Loss), Net of Tax, Attributable to Parent 150M USD -16.2%
Lessee, Operating Lease, Liability, to be Paid 4.41M USD -58.7%
Property, Plant and Equipment, Gross 51M USD -4.66%
Operating Lease, Liability, Current 7.89M USD +13.1%
Lessee, Operating Lease, Liability, to be Paid, Year Two 3.87M USD +2.74%
Lessee, Operating Lease, Liability, to be Paid, Year One 6.63M USD +2280%
Lessee, Operating Lease, Liability, Undiscounted Excess Amount 91K USD -73.3%
Lessee, Operating Lease, Liability, to be Paid, Year Three 310K USD +30.8%
Lessee, Operating Lease, Liability, to be Paid, Year Four 81K USD +103%
Additional Paid in Capital 473M USD +0.71%
Interest Expense 10.3M USD -16.2%