Ardmore Shipping ASC
NYSE ASC
$18.03 -0.14 (-0.77%)
As of: Sep 8, 2026 · 3:59 PM EDT

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

Ardmore Shipping's (ASC) quarterly Debt Ratio came in at 0.04 in Q2 2026, up 24.05% year-over-year from 0.04 in Q2 2025, and down 66.34% quarter-over-quarter from 0.13 in Q1 2026.

Analysis

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

Ardmore Shipping has disclosed Debt Ratio across 15 years of filings, most recently posting 0.04 for Q2 2026.

  • In Q2 2026, Debt Ratio rose 24.05% year-over-year to 0.04; the TTM figure through Jun 2026 stood at 0.04 (up 24.05% YoY), while the FY2025 annual figure was 0.16, up 192.52% from the prior year.
  • Debt Ratio came in at 0.04 for Q2 2026 at Ardmore Shipping, down from 0.13 in the prior quarter.
  • In the past five years, Debt Ratio ranged from a high of 214.89 in Q1 2022 to a low of 0.03 in Q1 2025.
  • Average Debt Ratio over 5 years is 12.03, with a median of 0.1 recorded in 2023.
  • Year-over-year, Debt Ratio surged 78230.73% in 2022 and slumped 99.93% in 2023.
  • Over 5 years, Debt Ratio stood at 0.18 in 2022, then sank by 63.54% 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 slumped by 72.63% to 0.04 in 2026.
  • Per Business Quant data, the three most recent Debt Ratio figures were 0.04 in Q2 2026, 0.13 in Q1 2026, and 0.16 in Q4 2025.
Peer Set

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Debt Ratio (Qtr)
1 Frontline 10.35 Bn 10.03 Bn - 0.42
2 Kirby 7.39 Bn 7.35 Bn 290.80 Mn 0.17
3 Matson 6.76 Bn 6.64 Bn - 0.08
4 International Seaways 5.13 Bn 5.13 Bn 467.16 Mn 0.23
5 Hafnia 4.45 Bn 4.17 Bn 372.91 Mn 0.31
6 Cmb.Tech 4.42 Bn 4.26 Bn 970.62 Mn -
7 Scorpio Tankers 3.80 Bn 1.97 Bn 343.91 Mn 0.16
8 ZIM Integrated Shipping Services 3.60 Bn 2.57 Bn 255.00 Mn -
9 Star Bulk Carriers 3.56 Bn 3.00 Bn 299.80 Mn 0.28
10 Ardmore Shipping 732.47 Mn 682.03 Mn 97.26 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 0.15
Jun 30, 2022 0.19
Mar 31, 2022 214.89
Dec 31, 2021 0.20
Sep 30, 2021 0.21