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
Q1 2024 - May 8, 2024

Key Ratios

Label TTM Value / Value Unit Change %
Current Ratio 280 % +30.8%
Quick Ratio 28.4 % +19.9%
Debt-to-equity 23.7 % -60.2%
Return On Equity 21.1 % -52.3%
Return On Assets 16.1 % -38.6%

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 436K USD +1.4%
Weighted Average Number of Shares Outstanding, Basic 41.4M shares +1.59%
Weighted Average Number of Shares Outstanding, Diluted 41.9M shares +0.57%

Income Statement

Label TTM Value / Value Unit Change %
Revenues 384M USD -23.3%
Income Tax Expense (Benefit) 457K USD +98.7%
Net Income (Loss) Attributable to Parent 112M USD -40.9%
Earnings Per Share, Basic 2.63 USD/shares -46.5%
Earnings Per Share, Diluted 2.59 USD/shares -45.9%

Balance Sheet

Label TTM Value / Value Unit Change %
Accounts Receivable, after Allowance for Credit Loss, Current 60.3M USD -12.5%
Inventory, Net 11.9M USD -17.9%
Assets, Current 144M USD -0.72%
Property, Plant and Equipment, Net 511M USD -2.94%
Operating Lease, Right-of-Use Asset 5.92M USD -34.9%
Assets 704M USD -0.6%
Accrued Liabilities, Current 18.3M USD -12.6%
Liabilities, Current 73.7M USD +68.3%
Operating Lease, Liability, Noncurrent 1.33M USD -40.6%
Other Liabilities, Noncurrent 954K USD -5.26%
Liabilities 99.1M USD -44%
Accumulated Other Comprehensive Income (Loss), Net of Tax 0 USD -100%
Retained Earnings (Accumulated Deficit) 111M USD +177%
Stockholders' Equity Attributable to Parent 568M USD +14.9%
Liabilities and Equity 704M USD -0.6%

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 48.6M USD -7.48%
Effective Income Tax Rate Reconciliation, at Federal Statutory Income Tax Rate, Percent 0 pure
Operating Lease, Liability 4.32M USD -58.2%
Depreciation 27.9M USD -2.03%
Comprehensive Income (Loss), Net of Tax, Attributable to Parent 111M USD -40.3%
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 4.4M USD -33.7%
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%
Deferred Income Tax Expense (Benefit) 0 USD
Lessee, Operating Lease, Liability, Undiscounted Excess Amount 91K USD -73.3%
Lessee, Operating Lease, Liability, to be Paid, Year Three 310K USD +30.8%
Current Income Tax Expense (Benefit) 435K USD +110%
Lessee, Operating Lease, Liability, to be Paid, Year Four 81K USD +103%
Additional Paid in Capital 472M USD +0.71%
Interest Expense 11.1M USD -22.4%