Ardmore Financial Statements From 2010 to 2024

ASC Stock  USD 16.35  0.12  0.74%   
Ardmore Shpng financial statements provide useful quarterly and yearly information to potential Ardmore Shpng investors about the company's current and past financial position, as well as its overall management performance and changes in financial position over time. Historical trend examination of various income statement and balance sheet accounts found on Ardmore Shpng financial statements helps investors assess Ardmore Shpng's valuation, profitability, and current liquidity needs. Key fundamental drivers impacting Ardmore Shpng's valuation are summarized below:
Gross Profit
212.8 M
Profit Margin
0.295
Market Capitalization
679.1 M
Enterprise Value Revenue
1.9277
Revenue
396 M
We have found one hundred twenty available fundamental signals for Ardmore Shpng, which can be analyzed and compared to other ratios and to its rivals. Investors should ensure to validate all of Ardmore Shpng's prevailing performance against the performance from 2010 to 2024 to make sure the company is sustainable down the road.
Check Ardmore Shpng financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Ardmore main balance sheet or income statement drivers, such as Depreciation And Amortization of 26.7 M, Interest Expense of 15.3 M or Selling General Administrative of 15.2 M, as well as many exotic indicators such as Short Term Coverage Ratios of 13.66, Price Earnings Ratio of 7.29 or Price To Sales Ratio of 2.5. Ardmore financial statements analysis is a perfect complement when working with Ardmore Shpng Valuation or Volatility modules.
  
This module can also supplement Ardmore Shpng's financial leverage analysis and stock options assessment as well as various Ardmore Shpng Technical models . Check out the analysis of Ardmore Shpng Correlation against competitors.
For information on how to trade Ardmore Stock refer to our How to Trade Ardmore Stock guide.

Ardmore Shpng Balance Sheet

Current ValueLast YearHistorical Average 10 Year Trend
Common Stock Shares Outstanding28.6 M41.8 M26.2 M
Slightly volatile
Total Assets701.1 M691 M609.8 M
Slightly volatile
Short and Long Term Debt Total89.3 M94 M265.5 M
Pretty Stable
Other Current Liabilities20.2 M19.2 M6.8 M
Slightly volatile
Total Current Liabilities53.3 M33.8 M48.1 M
Slightly volatile
Total Stockholder Equity360.9 M574.4 M312.5 M
Slightly volatile
Property Plant And Equipment Net592 M550.2 M515.6 M
Slightly volatile
Current Deferred Revenue329.6 K347 K3.9 M
Pretty Stable
Net Debt44.8 M47.2 M222.6 M
Pretty Stable
Accounts Payable1.9 MMM
Pretty Stable
Cash50.2 M46.8 M43.2 M
Slightly volatile
Non Current Assets Total603.9 M564.2 M525.9 M
Slightly volatile
Non Currrent Assets Other3.2 M3.3 M7.6 M
Slightly volatile
Other Assets29.2 M27.8 M11 M
Slightly volatile
Long Term Debt37.6 M39.6 M169.7 M
Very volatile
Cash And Short Term Investments50.2 M46.8 M43.2 M
Slightly volatile
Net Receivables59 M56.2 M25.4 M
Slightly volatile
Common Stock Total Equity268.3 K404.9 K254.4 K
Slightly volatile
Liabilities And Stockholders Equity701.1 M691 M609.8 M
Slightly volatile
Non Current Liabilities Total78.5 M82.7 M235.3 M
Pretty Stable
Inventory8.3 M12.6 M7.2 M
Slightly volatile
Other Current Assets11 M11.2 M9.7 M
Pretty Stable
Other Stockholder Equity412.3 M456 M357.1 M
Slightly volatile
Total Liabilities110.7 M116.5 M282 M
Pretty Stable
Property Plant And Equipment Gross611.3 M775.6 M532.1 M
Slightly volatile
Total Current Assets97.2 M126.8 M83.9 M
Slightly volatile
Short Term Debt11.7 M12.3 M30.5 M
Very volatile
Common Stock309.8 K433 K264.8 K
Slightly volatile
Property Plant Equipment591.7 M623.2 M521 M
Slightly volatile
Net Tangible Assets379.1 M539.8 M337.5 M
Slightly volatile
Deferred Long Term Liabilities6.9 M8.5 M6.2 M
Slightly volatile
Short and Long Term Debt6.1 M6.4 M47.1 M
Slightly volatile
Long Term Debt Total285.6 M143.6 M339.4 M
Slightly volatile
Capital Surpluse452.7 M538.2 M398.3 M
Slightly volatile
Capital Lease Obligations45.6 M48 M76.2 M
Slightly volatile
Cash And Equivalents57.9 M58.2 M54.7 M
Very volatile
Net Invested Capital462.1 M583.4 M666.9 M
Slightly volatile
Net Working Capital58.2 M92.9 M40.5 M
Slightly volatile
Capital Stock20.8 M37.5 M9.1 M
Slightly volatile
Other Liabilities1.1 M1.2 M969.8 K
Slightly volatile
Short Term Investments2.9 M5.7 M1.1 M
Slightly volatile
Long Term Investments12.3 M11.2 M11.2 M
Slightly volatile
Non Current Liabilities Other1.1 M954 K955.7 K
Slightly volatile

Ardmore Shpng Income Statement

Current ValueLast YearHistorical Average 10 Year Trend
Depreciation And Amortization26.7 M31.4 M23.2 M
Slightly volatile
Interest Expense15.3 M11.4 M13.2 M
Slightly volatile
Selling General Administrative15.2 M25.2 M13.1 M
Slightly volatile
Total Revenue200 M396 M172.4 M
Slightly volatile
Gross Profit86.5 M153.4 M74.9 M
Slightly volatile
Other Operating Expenses168.4 M267.8 M145.4 M
Slightly volatile
EBITDA167.5 M159.5 M57.6 M
Slightly volatile
Cost Of Revenue254.7 M242.6 M106.9 M
Slightly volatile
Total Operating Expenses24 M25.2 M45.8 M
Pretty Stable
Income Tax Expense456.8 K435 K135.2 K
Slightly volatile
Tax Provision506.1 K482 K157.7 K
Slightly volatile
Interest Income4.7 M4.9 M13.6 M
Pretty Stable
Reconciled Depreciation25.5 M27.9 M32.5 M
Slightly volatile
Selling And Marketing Expenses3.6 M4.8 M3.4 M
Slightly volatile

Ardmore Shpng Cash Flow Statement

Current ValueLast YearHistorical Average 10 Year Trend
Stock Based Compensation1.8 M3.2 M1.5 M
Slightly volatile
Begin Period Cash Flow46.6 M50.6 M40.2 M
Slightly volatile
Depreciation26.7 M31.4 M23.2 M
Slightly volatile
Capital Expenditures24.3 M25.6 M65.9 M
Slightly volatile
End Period Cash Flow50.2 M46.8 M43.2 M
Slightly volatile

Financial Ratios

Current ValueLast YearHistorical Average 10 Year Trend
Price To Sales Ratio2.51.48532.4569
Slightly volatile
Dividend Yield0.09030.0860.0259
Slightly volatile
Operating Cycle57.970.728171.2359
Pretty Stable
Price Book Value Ratio0.911.02390.9004
Slightly volatile
Days Of Payables Outstanding2.883.033162.0637
Slightly volatile
Inventory Turnover10.1219.318912.4388
Slightly volatile
Payables Turnover12612025.107
Slightly volatile
Company Equity Multiplier2.211.20282.0668
Pretty Stable
Long Term Debt To Capitalization0.06130.06450.4062
Slightly volatile
Cash Per Share1.991.1381.7493
Very volatile
Total Debt To Capitalization0.07870.08280.4424
Slightly volatile
Debt Equity Ratio0.08580.09030.9389
Slightly volatile
Quick Ratio3.23.0451.6407
Slightly volatile
Net Income Per E B T0.80.98760.9878
Slightly volatile
Cash Ratio1.251.38321.0777
Very volatile
Days Of Inventory Outstanding33.4618.893430.6178
Slightly volatile
Days Of Sales Outstanding33.5751.834741.2267
Slightly volatile
Price To Book Ratio0.911.02390.9004
Slightly volatile
Current Ratio3.933.74651.9999
Slightly volatile
Fixed Asset Turnover0.760.71980.3359
Slightly volatile
Enterprise Value Multiple3.783.983619.8055
Slightly volatile
Debt Ratio0.07130.07510.4308
Slightly volatile
Price Sales Ratio2.51.48532.4569
Slightly volatile
Receivables Turnover12.127.041610.9751
Slightly volatile
Asset Turnover0.60.57310.2767
Slightly volatile
Gross Profit Margin0.550.38730.5144
Slightly volatile
Price Fair Value0.911.02390.9004
Slightly volatile

Ardmore Fundamental Market Drivers

Forward Price Earnings3.3852
Cash And Short Term Investments46.8 M

Ardmore Upcoming Events

13th of February 2024
Upcoming Quarterly Report
View
14th of May 2024
Next Financial Report
View
31st of December 2023
Next Fiscal Quarter End
View
13th of February 2024
Next Fiscal Year End
View
30th of September 2023
Last Quarter Report
View
31st of December 2022
Last Financial Announcement
View

About Ardmore Shpng Financial Statements

There are typically three primary documents that fall into the category of financial statements. These documents include Ardmore Shpng income statement, its balance sheet, and the statement of cash flows. Ardmore Shpng investors use historical funamental indicators, such as Ardmore Shpng's revenue or net income, to determine how well the company is positioned to perform in the future. Although Ardmore Shpng investors may use each financial statement separately, they are all related. The changes in Ardmore Shpng's assets and liabilities, for example, are also reflected in the revenues and expenses that we see on Ardmore Shpng's income statement, which results in the company's gains or losses. Cash flows can provide more information regarding cash listed on a balance sheet, but not equivalent to net income shown on the income statement. We offer a historical overview of the basic patterns found on Ardmore Shpng Financial Statements. Understanding these patterns can help to make the right decision on long term investment in Ardmore Shpng. Please read more on our technical analysis and fundamental analysis pages.
Last ReportedProjected for 2024
Current Deferred Revenue347 K329.6 K
Total Revenue396 M200 M
Cost Of Revenue242.6 M254.7 M
Ebit Per Revenue 0.32  0.34 

Pair Trading with Ardmore Shpng

One of the main advantages of trading using pair correlations is that every trade hedges away some risk. Because there are two separate transactions required, even if Ardmore Shpng position performs unexpectedly, the other equity can make up some of the losses. Pair trading also minimizes risk from directional movements in the market. For example, if an entire industry or sector drops because of unexpected headlines, the short position in Ardmore Shpng will appreciate offsetting losses from the drop in the long position's value.

Moving together with Ardmore Stock

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Moving against Ardmore Stock

  0.58NAT Nordic American Tankers Financial Report 27th of May 2024 PairCorr
The ability to find closely correlated positions to Ardmore Shpng could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Ardmore Shpng when you sell it. If you don't do this, your portfolio allocation will be skewed against your target asset allocation. So, investors can't just sell and buy back Ardmore Shpng - that would be a violation of the tax code under the "wash sale" rule, and this is why you need to find a similar enough asset and use the proceeds from selling Ardmore Shpng to buy it.
The correlation of Ardmore Shpng is a statistical measure of how it moves in relation to other instruments. This measure is expressed in what is known as the correlation coefficient, which ranges between -1 and +1. A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as Ardmore Shpng moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Ardmore Shpng moves in either direction, the perfectly negatively correlated security will move in the opposite direction. If the correlation is 0, the equities are not correlated; they are entirely random. A correlation greater than 0.8 is generally described as strong, whereas a correlation less than 0.5 is generally considered weak.
Correlation analysis and pair trading evaluation for Ardmore Shpng can also be used as hedging techniques within a particular sector or industry or even over random equities to generate a better risk-adjusted return on your portfolios.
Pair CorrelationCorrelation Matching
When determining whether Ardmore Shpng offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Ardmore Shpng's financial statements, including income statements, balance sheets, and cash flow statements, to assess its financial health. Key financial ratios are used to gauge profitability, efficiency, and growth potential of Ardmore Shpng Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Ardmore Shpng Stock:
Check out the analysis of Ardmore Shpng Correlation against competitors.
For information on how to trade Ardmore Stock refer to our How to Trade Ardmore Stock guide.
You can also try the Portfolio Manager module to state of the art Portfolio Manager to monitor and improve performance of your invested capital.

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Is Ardmore Shpng's industry expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Ardmore Shpng. If investors know Ardmore will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Ardmore Shpng listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth
(0.51)
Dividend Share
0.91
Earnings Share
2.71
Revenue Per Share
9.627
Quarterly Revenue Growth
(0.26)
The market value of Ardmore Shpng is measured differently than its book value, which is the value of Ardmore that is recorded on the company's balance sheet. Investors also form their own opinion of Ardmore Shpng's value that differs from its market value or its book value, called intrinsic value, which is Ardmore Shpng's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Ardmore Shpng's market value can be influenced by many factors that don't directly affect Ardmore Shpng's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Ardmore Shpng's value and its price as these two are different measures arrived at by different means. Investors typically determine if Ardmore Shpng is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Ardmore Shpng's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.