Ardmore Shipping (ASC) Beginning Cash Balance (2013 - 2026)
Ardmore Shipping (ASC) posted Beginning Cash Balance of $46.8 million for Q1 2026, little changed sequentially from $47.0 million in Q1 2025, and little changed YoY from $47.0 million in Q1 2025.
Ardmore Shipping (ASC) Beginning Cash Balance (2013 - 2026) Analysis & Trends
Ardmore Shipping has reported Beginning Cash Balance for 14 years, with the latest figure at $46.8 million in Q1 2026.
- Quarterly Beginning Cash Balance changed 0.3% year-over-year to $46.8 million in Q1 2026, while the trailing twelve-month figure through Jun 2026 was $46.8 million (changed 0.3% YoY) and the FY2025 annual result came in at $47.0 million, changed 0.39% from the prior year.
- Beginning Cash Balance was little changed at $46.8 million in Q1 2026 per ASC's latest filing, from $47.0 million in the prior quarter.
- Over five years, Beginning Cash Balance peaked at $55.4 million in Q1 2022 and troughed at $46.8 million in Q1 2024.
- A 5-year average of $49.3 million and a median of $47.0 million in 2025 frame the typical range for Beginning Cash Balance.
- The sharpest annual moves came in 2023 and 2025: Beginning Cash Balance fell 8.8% in 2023, then gained 0.39% in 2025.
- Over 5 years, Beginning Cash Balance stood at $55.4 million in 2022, then declined by 8.8% to $50.6 million in 2023, then dropped by 7.44% to $46.8 million in 2024, then gained by 0.39% to $47.0 million in 2025, then fell by 0.3% to $46.8 million in 2026.
- According to Business Quant data, Beginning Cash Balance over the past three periods registered $46.8 million, $47.0 million, and $46.8 million for Q1 2026, Q1 2025, and Q1 2024 respectively.
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Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) |
|---|---|---|---|---|
| 1 | Kirby | 7.52 Bn | 7.48 Bn | 290.80 Mn |
| 2 | Matson | 6.59 Bn | 6.47 Bn | - |
| 3 | Hafnia | 3.92 Bn | 3.81 Bn | 152.41 Mn |
| 4 | ZIM Integrated Shipping Services | 3.47 Bn | 2.54 Bn | 57.20 Mn |
| 5 | Star Bulk Carriers | 3.35 Bn | 2.85 Bn | - |
| 6 | Danaos | 2.66 Bn | 1.43 Bn | 217.68 Mn |
| 7 | Okeanis Eco Tankers | 2.43 Bn | 2.21 Bn | 12,231.53 Bn |
| 8 | Navios Maritime Partners | 2.41 Bn | 2.00 Bn | 326.09 Mn |
| 9 | Costamare | 1.81 Bn | 1.43 Bn | 185.32 Mn |
| 10 | Ardmore Shipping | 736.97 Mn | 686.54 Mn | 97.26 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| Jun 30, 2026 | 46.85 Mn |
| Jun 30, 2026 | 46.85 Mn |
| Mar 31, 2026 | 46.85 Mn |
| Mar 31, 2026 | 46.85 Mn |
| Mar 31, 2025 | 46.99 Mn |
| Mar 31, 2025 | 46.99 Mn |
| Mar 31, 2024 | 46.81 Mn |
| Mar 31, 2024 | 46.81 Mn |
| Mar 31, 2023 | 50.57 Mn |
| Mar 31, 2023 | 50.57 Mn |
| Mar 31, 2022 | 55.45 Mn |
| Mar 31, 2022 | 55.45 Mn |
| Mar 31, 2021 | 58.37 Mn |
| Mar 31, 2021 | 58.37 Mn |
| Mar 31, 2020 | 51.72 Mn |
| Mar 31, 2020 | 51.72 Mn |
| Mar 31, 2019 | 56.90 Mn |
| Mar 31, 2019 | 56.90 Mn |
| Mar 31, 2018 | 39.46 Mn |
| Mar 31, 2018 | 39.46 Mn |