Ardmore Shipping (ASC) Debt Ratio (2012 - 2026)
Ardmore Shipping's Debt Ratio was 0.04 in Q2 2026, up 24.1% from 0.04 a year earlier but down 66.3% from the prior quarter.
Analysis
Ardmore Shipping (ASC) Debt Ratio (2012 - 2026) Analysis & Trends
For FY2025, Debt Ratio at Ardmore Shipping came in at 0.16, up 192.5% from FY2024.
- In earlier years, Debt Ratio was 0.06 in FY2024 (-17.4%), 0.07 in FY2023 (-62.6%), 0.18 in FY2022 (-11.2%) and 0.20 in FY2021 (-100.0%).
- Quarterly Debt Ratio has moved between 0.03 (Q1 2025) and 208010.23 (Q3 2021) over five years.
- Compared with a year earlier, Debt Ratio has increased for four straight quarters, with growth averaging 99.7% over the last eight quarters.
- The best year-over-year quarter for Debt Ratio over five years was Q3 2025 (growth of 366.1%); the worst was Q3 2022 (a decline of 100.0%).
- Per Business Quant data, ASC's Debt Ratio in the three quarters before Q2 2026 was 0.13 (Q1 2026), 0.16 (Q4 2025) and 0.15 (Q3 2025).
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Debt Ratio (Qtr) |
|---|---|---|---|---|---|
| 1 | Union Pacific | 162.85 Bn | 157.37 Bn | - | 0.43 |
| 2 | Csx | 86.62 Bn | 82.84 Bn | - | 0.42 |
| 3 | Canadian Pacific Kansas City | 76.11 Bn | 75.83 Bn | - | 0.28 |
| 4 | United Parcel Service | 70.66 Bn | 47.58 Bn | - | 0.34 |
| 5 | Norfolk Southern | 70.32 Bn | 64.96 Bn | - | 0.37 |
| 6 | Fedex | 68.53 Bn | 34.48 Bn | - | 0.26 |
| 7 | Delta Air Lines | 55.25 Bn | 37.43 Bn | - | 0.17 |
| 8 | Old Dominion Freight Line | 36.69 Bn | 35.95 Bn | - | 0.00 |
| 9 | Ryanair Holdings | 28.78 Bn | 12.78 Bn | 3.13 Bn | 0.00 |
| 10 | Ardmore Shipping | 739.28 Mn | 550.02 Mn | 86.38 Mn | 0.04 |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 0.04 |
| Mar 31, 2026 | 0.13 |
| Dec 31, 2025 | 0.16 |
| Sep 30, 2025 | 0.15 |
| Jun 30, 2025 | 0.04 |
| Mar 31, 2025 | 0.03 |
| Dec 31, 2024 | 0.06 |
| Sep 30, 2024 | 0.03 |
| Jun 30, 2024 | 0.06 |
| Mar 31, 2024 | 0.03 |
| Dec 31, 2023 | 0.07 |
| Sep 30, 2023 | 0.08 |
| Jun 30, 2023 | 0.11 |
| Mar 31, 2023 | 0.14 |
| Dec 31, 2022 | 0.18 |
| Sep 30, 2022 | 0.14 |
| Jun 30, 2022 | 0.18 |
| Mar 31, 2022 | 214.89 |
| Dec 31, 2021 | 0.20 |
| Sep 30, 2021 | 208,010.23 |
API Access
Ardmore Shipping Debt Ratio API
Pull this series into your own models, spreadsheets and apps with the Business Quant
Historical Metrics API. The request below matches the chart above — change the
frequency, period or values and it follows. Swap YOUR_API_KEY for your own key.
https://data.businessquant.com/historic?slug=debt-ratio&ticker=ASC&period=max&api_key=YOUR_API_KEY
import requests
url = "https://data.businessquant.com/historic"
params = {"slug": "debt-ratio", "ticker": "ASC", "period": "max", "api_key": "YOUR_API_KEY"}
data = requests.get(url, params=params).json()
const res = await fetch("https://data.businessquant.com/historic?slug=debt-ratio&ticker=ASC&period=max&api_key=YOUR_API_KEY");
const data = await res.json();