Ardmore Shipping (ASC) Debt to Equity (2012 - 2026)

Ardmore Shipping's (ASC) quarterly Debt to Equity came in at $0.16 in Q1 2026, up 371.17% year-on-year from $0.03 in Q1 2025, and down 21.16% quarter-over-quarter from $0.2 in Q4 2025.

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

Ardmore Shipping has disclosed Debt to Equity across 15 years of filings, most recently posting $0.16 for Q1 2026.

  • Debt to Equity for Q1 2026 came in at $0.16, up 371.17% year-over-year; the trailing twelve-month figure through Mar 2026 was $0.16 (up 371.17% YoY), and the FY2025 annual result was $0.2, up 213.58% from the prior year.
  • Debt to Equity came in at $0.16 for Q1 2026 at Ardmore Shipping, down from $0.2 in the prior quarter.
  • In the past five years, Debt to Equity ranged from a high of $486.66 in Q1 2022 to a low of $0.03 in Q1 2025.
  • The 5-year median for Debt to Equity is $0.16 (2023), against an average of $28.76.
  • Across the five-year window, Debt to Equity soared 76384.32% in 2022 and sank 99.96% in 2023, its largest moves.
  • Ardmore Shipping's Debt to Equity stood at $0.27 in 2022, then plunged by 68.79% to $0.09 in 2023, then retreated by 25.45% to $0.06 in 2024, then soared by 213.58% to $0.2 in 2025, then fell by 21.16% to $0.16 in 2026.
  • The last three Debt to Equity figures came in at $0.16 (Q1 2026), $0.2 (Q4 2025), and $0.18 (Q3 2025), per Business Quant data.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Debt/Equity (Qtr)
1 C3is 744.65 Bn 744.65 Bn 9.11 Mn -
2 Kirby 7.86 Bn 7.78 Bn 291.34 Mn 0.27
3 Matson 5.69 Bn 5.59 Bn - 0.13
4 Hafnia 3.63 Bn 3.52 Bn 152.41 Mn 0.48
5 Star Bulk Carriers 3.14 Bn 3.13 Bn 371.22 Mn 0.43
6 ZIM Integrated Shipping Services 3.12 Bn 1.01 Bn 57.20 Mn -
7 Costamare 1.93 Bn 1.42 Bn - 0.69
8 Navios Maritime Partners 1.87 Bn 1.47 Bn 262.01 Mn -
9 Global Ship Lease 1.37 Bn 1.37 Bn - -
10 Ardmore Shipping 9,535.20 -52.75 Mn 70.11 Mn 0.16

Historic Data

Download Data
DateValue
Mar 31, 2026 0.16
Dec 31, 2025 0.20
Sep 30, 2025 0.18
Jun 30, 2025 0.04
Mar 31, 2025 0.03
Dec 31, 2024 0.06
Sep 30, 2024 0.04
Jun 30, 2024 0.07
Mar 31, 2024 0.04
Dec 31, 2023 0.09
Sep 30, 2023 0.10
Jun 30, 2023 0.16
Mar 31, 2023 0.20
Dec 31, 2022 0.27
Sep 30, 2022 0.25
Jun 30, 2022 0.40
Mar 31, 2022 486.66
Dec 31, 2021 0.50
Sep 30, 2021 0.51
Jun 30, 2021 0.46