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
DateValue
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