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

Ardmore Shipping (ASC) posted Debt Ratio of 0.04 for Q2 2026, down 66.34% sequentially from 0.13 in Q1 2026, and up 24.05% YoY from 0.04 in Q2 2025.

Ardmore Shipping (ASC) Debt Ratio (2012 - 2026) Analysis & Trends

Ardmore Shipping has reported Debt Ratio for 15 years, with the latest figure at 0.04 in Q2 2026.

Quarterly Debt Ratio rose 24.05% year-over-year to 0.04 in Q2 2026, while the trailing twelve-month figure through Jun 2026 was 0.04 (up 24.05% YoY) and the FY2025 annual result came in at 0.16, up 192.52% from the prior year.
Debt Ratio declined to 0.04 in Q2 2026 per ASC's latest filing, from 0.13 in the prior quarter.
Over five years, Debt Ratio peaked at 0.18 in Q2 2022 and troughed at 0.0 in Q1 2022.
A 5-year average of 0.09 and a median of 0.07 in 2023 frame the typical range for Debt Ratio.
The sharpest annual moves came in 2022 and 2023: Debt Ratio plunged 99.93% in 2022, then soared 72588.48% in 2023.
Over 5 years, Debt Ratio stood at 0.18 in 2022, then slumped by 62.56% to 0.07 in 2023, then declined by 17.36% to 0.06 in 2024, then soared by 192.52% to 0.16 in 2025, then plunged by 72.63% to 0.04 in 2026.
According to Business Quant data, Debt Ratio over the past three periods registered 0.04, 0.13, and 0.16 for Q2 2026, Q1 2026, and Q4 2025 respectively.

#	Company	Market Cap	Enterprise Value	Gross Profit (Qtr)	Debt Ratio (Qtr)
1	Kirby	7.52 Bn	7.48 Bn	290.80 Mn	0.17
2	Matson	6.59 Bn	6.47 Bn	-	0.07
3	Hafnia	3.92 Bn	3.81 Bn	152.41 Mn	0.29
4	ZIM Integrated Shipping Services	3.47 Bn	2.54 Bn	57.20 Mn	-
5	Star Bulk Carriers	3.35 Bn	2.85 Bn	-	0.27
6	Danaos	2.66 Bn	1.43 Bn	217.68 Mn	0.22
7	Okeanis Eco Tankers	2.43 Bn	2.21 Bn	12,231.53 Bn	0.44
8	Navios Maritime Partners	2.41 Bn	2.00 Bn	326.09 Mn	0.19
9	Costamare	1.81 Bn	1.43 Bn	185.32 Mn	0.43
10	Ardmore Shipping	736.97 Mn	686.54 Mn	97.26 Mn	0.04

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