Ardmore Shipping (ASC) Debt Ratio (2012 - 2026)
Ardmore Shipping's (ASC) quarterly Debt Ratio came in at 0.13 in Q1 2026, up 341.74% year-on-year from 0.03 in Q1 2025, and down 18.71% quarter-over-quarter from 0.16 in Q4 2025.
Ardmore Shipping (ASC) Debt Ratio (2012 - 2026) Analysis & Trends
Ardmore Shipping has disclosed Debt Ratio across 15 years of filings, most recently posting 0.13 for Q1 2026.
- Debt Ratio for Q1 2026 came in at 0.13, up 341.74% year-over-year; the trailing twelve-month figure through Mar 2026 was 0.13 (up 341.74% YoY), and the FY2025 annual result was 0.16, up 192.52% from the prior year.
- Debt Ratio came in at 0.13 for Q1 2026 at Ardmore Shipping, down from 0.16 in the prior quarter.
- In the past five years, Debt Ratio ranged from a high of 0.19 in Q1 2022 to a low of 0.03 in Q1 2025.
- The 5-year median for Debt Ratio is 0.11 (2023), against an average of 0.1.
- Across the five-year window, Debt Ratio tumbled 76.72% in 2024 and surged 366.14% in 2025, its largest moves.
- Ardmore Shipping's Debt Ratio stood at 0.18 in 2022, then slumped by 62.56% to 0.07 in 2023, then slipped by 17.36% to 0.06 in 2024, then jumped by 192.52% to 0.16 in 2025, then dropped by 18.71% to 0.13 in 2026.
- The last three Debt Ratio figures came in at 0.13 (Q1 2026), 0.16 (Q4 2025), and 0.15 (Q3 2025), per Business Quant data.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Debt Ratio (Qtr) |
|---|---|---|---|---|---|
| 1 | C3is | 744.65 Bn | 744.65 Bn | 9.11 Mn | 0.01 |
| 2 | Kirby | 7.86 Bn | 7.78 Bn | 291.34 Mn | 0.15 |
| 3 | Matson | 5.69 Bn | 5.59 Bn | - | 0.07 |
| 4 | Hafnia | 3.63 Bn | 3.52 Bn | 152.41 Mn | 0.29 |
| 5 | Star Bulk Carriers | 3.14 Bn | 3.13 Bn | 371.22 Mn | 0.28 |
| 6 | ZIM Integrated Shipping Services | 3.12 Bn | 1.01 Bn | 57.20 Mn | - |
| 7 | Costamare | 1.93 Bn | 1.42 Bn | - | 0.38 |
| 8 | Navios Maritime Partners | 1.87 Bn | 1.47 Bn | 262.01 Mn | 0.19 |
| 9 | Global Ship Lease | 1.37 Bn | 1.37 Bn | - | 0.23 |
| 10 | Ardmore Shipping | 9,535.20 | -52.75 Mn | 70.11 Mn | 0.13 |
Historic Data
Download Data| Date | Value |
|---|---|
| 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 | 0.19 |
| Dec 31, 2021 | 0.20 |
| Sep 30, 2021 | 0.21 |
| Jun 30, 2021 | 0.20 |