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Ardmore Shipping (ASC) Debt Ratio (2016 - 2025)

Ardmore Shipping's Debt Ratio history spans 13 years, with the latest figure at 0.06 for Q4 2024.

  • For Q4 2024, Debt Ratio fell 17.36% year-over-year to 0.06; the TTM value through Dec 2024 reached 0.06, down 17.36%, while the annual FY2024 figure was 0.06, 17.36% down from the prior year.
  • Debt Ratio for Q4 2024 was 0.06 at Ardmore Shipping, down from 0.07 in the prior quarter.
  • Across five years, Debt Ratio topped out at 0.28 in Q4 2020 and bottomed at 0.06 in Q4 2024.
  • The 5-year median for Debt Ratio is 0.18 (2022), against an average of 0.16.
  • The largest annual shift saw Debt Ratio grew 4.32% in 2020 before it tumbled 62.56% in 2023.
  • A 5-year view of Debt Ratio shows it stood at 0.28 in 2020, then dropped by 28.46% to 0.2 in 2021, then dropped by 11.15% to 0.18 in 2022, then crashed by 62.56% to 0.07 in 2023, then dropped by 17.36% to 0.06 in 2024.
  • Per Business Quant, the three most recent readings for ASC's Debt Ratio are 0.06 (Q4 2024), 0.07 (Q4 2023), and 0.18 (Q4 2022).