Ardmore Shipping ASC
NYSE ASC
$18.47 +0.32 (+1.74%)
As of: Sep 29, 2026 · 3:59 PM EDT

Ardmore Shipping (ASC) Debt Ratio (2012 - 2026)

Updated

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

Historic Data

Download Data
DateValue
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