Ardmore Shipping Corp Annual Return On Assets in % from 2016 to 2023

Taxonomy & unit
ratio: %
Description
Return on assets can be defined as an indicator of how profitable a company is relative to its total assets. Calculated by dividing a company's operating earnings by its total assets.
Summary
Ardmore Shipping Corp quarterly/annual Return On Assets history and growth rate from 2016 to 2023.
  • Ardmore Shipping Corp Return On Assets for the quarter ending June 30, 2024 was 21.3 %, a 17.8% decline year-over-year.
  • Ardmore Shipping Corp annual Return On Assets for 2023 was 16.8 %, a 12.1% decline from 2022.
  • Ardmore Shipping Corp annual Return On Assets for 2022 was 19.1 %.
  • Ardmore Shipping Corp annual Return On Assets for 2021 was -5.06 %, a 543% decline from 2020.
Return On Assets, Annual (%)
Return On Assets, YoY Annual Growth (%)
Period Value YoY Chg Change % Start Date End Date
2023 16.8 -2.31 -12.1% Jan 1, 2023 Dec 31, 2023
2022 19.1 +24.2 Jan 1, 2022 Dec 31, 2022
2021 -5.06 -4.27 -543% Jan 1, 2021 Dec 31, 2021
2020 -0.79 +2.13 +73% Jan 1, 2020 Dec 31, 2020
2019 -2.92 +2.15 +42.4% Jan 1, 2019 Dec 31, 2019
2018 -5.07 -3.62 -250% Jan 1, 2018 Dec 31, 2018
2017 -1.45 -1.9 -424% Jan 1, 2017 Dec 31, 2017
2016 0.45 Jan 1, 2016 Dec 31, 2016
* An asterisk sign (*) next to the value indicates that the value is likely invalid.