Ardmore Shipping Corporation (ASC)

Solvency & Capital Structure

Total Debt

$35M

Net Debt

-$13.2M

Ardmore Shipping Corporation currently has $35M in total debt. Net debt is -$13.2M after cash offsets. This 'Net Cash' position indicates exceptional financial strength.

Financial Fundamentals

ASC • Quarterly Data • 5Y View

Date	Total Debt ($B)	Cash & Inv. ($B)	Net Debt ($B)	Total Assets	Debt/Assets
2026-06-30	0.03	0.05	-0.01Net Cash	0.76	4.6%
2026-03-31	0.11	0.05	0.06	0.79	13.3%
2025-12-31	0.13	0.05	0.08	0.79	16.3%
2025-09-30	0.12	0.05	0.07	0.80	14.8%
2025-06-30	0.03	0.05	-0.02Net Cash	0.70	4.1%
2025-03-31	0.02	0.05	-0.02Net Cash	0.69	3.5%
2024-12-31	0.04	0.05	-0.00Net Cash	0.70	6.3%
2024-09-30	0.03	0.05	-0.02Net Cash	0.72	4.2%
2024-06-30	0.05	0.05	0.01	0.74	7.2%
2024-03-31	0.07	0.05	0.02	0.70	10.2%
2023-12-31	0.09	0.05	0.05	0.69	13.6%
2023-09-30	0.10	0.05	0.05	0.69	15.0%
2023-06-30	0.13	0.05	0.08	0.70	18.8%
2023-03-31	0.15	0.05	0.10	0.71	21.7%
2022-12-31	0.18	0.05	0.13	0.72	25.5%
2022-09-30	0.24	0.05	0.19	0.72	33.9%
2022-06-30	0.34	0.05	0.29	0.73	45.9%
2022-03-31	0.38	0.05	0.33	0.72	52.4%
2021-12-31	0.37	0.06	0.32	0.72	51.4%
2021-09-30	0.38	0.05	0.33	0.73	52.7%
2021-06-30	0.38	0.06	0.33	0.73	52.0%
2021-03-31	0.39	0.05	0.34	0.73	54.1%
2020-12-31	0.41	0.06	0.35	0.75	54.5%
2020-09-30	0.41	0.06	0.35	0.76	53.4%
2020-06-30	0.42	0.07	0.35	0.78	53.6%
2020-03-31	0.43	0.06	0.36	0.78	55.0%
2019-12-31	0.42	0.05	0.37	0.77	54.9%
2019-09-30	0.42	0.05	0.38	0.77	55.4%
2019-06-30	0.43	0.05	0.38	0.78	55.4%
2019-03-31	0.45	0.05	0.40	0.81	55.5%
2018-12-31	0.47	0.06	0.41	0.84	55.9%
2018-09-30	0.45	0.03	0.41	0.84	53.4%
2018-06-30	0.46	0.05	0.41	0.85	53.5%
2018-03-31	0.45	0.04	0.42	0.85	53.2%
2017-12-31	0.45	0.04	0.41	0.85	52.9%
2017-09-30	0.45	0.05	0.40	0.86	51.8%
2017-06-30	0.46	0.05	0.40	0.88	52.1%
2017-03-31	0.45	0.05	0.41	0.87	51.9%
2016-12-31	0.46	0.06	0.41	0.88	52.3%
2016-09-30	0.46	0.05	0.40	0.88	52.0%
2016-06-30	0.38	0.10	0.27	0.80	46.9%
2016-03-31	0.41	0.05	0.36	0.78	53.2%
2015-12-31	0.42	0.04	0.37	0.78	53.3%
2015-09-30	0.39	0.04	0.35	0.75	51.8%
2015-06-30	0.35	0.04	0.31	0.71	50.3%
2015-03-31	0.29	0.02	0.27	0.63	46.1%
2014-12-31	0.23	0.06	0.17	0.57	40.9%
2014-09-30	0.22	0.07	0.15	0.56	39.3%
2014-06-30	0.16	0.07	0.09	0.50	31.8%
2014-03-31	0.16	0.13	0.03	0.51	31.9%
2013-12-31	0.12	0.06	0.06	0.36	33.3%
2013-09-30	0.12	0.08	0.04	0.36	33.5%
2013-06-30	0.12	0.01	0.11	0.24	52.1%
2013-03-31	0.10	0.01	0.09	0.21	47.0%
2012-12-31	0.07	0.02	0.05	0.18	37.3%