Ardmore Shipping (ASC) Divestments (2021 - 2023)
Ardmore Shipping (ASC) posted Divestments of -$102000.0 for Q4 2023, up 61.8% sequentially from -$267000.0 in Q3 2023, and up 54.67% YoY from -$65948.3 in Q4 2022.
Ardmore Shipping (ASC) Divestments (2021 - 2023) Analysis & Trends
Ardmore Shipping has reported Divestments for 3 years, with the latest figure at -$102000.0 in Q4 2023.
- Quarterly Divestments rose 54.67% year-over-year to -$102000.0 in Q4 2023, while the trailing twelve-month figure through Sep 2025 was -$102000.0 (up 79.35% YoY) and the FY2024 annual result came in at $1.6 million, up 232.64% from the prior year.
- Divestments advanced to -$102000.0 in Q4 2023 per ASC's latest filing, from -$267000.0 in the prior quarter.
- Over five years, Divestments peaked at -$102000.0 in Q4 2023 and troughed at -$5.0 million in Q2 2021.
- A 3-year average of -$670272.7 and a median of -$173000.0 in 2021 frame the typical range for Divestments.
- The sharpest annual moves came in 2022 and 2023: Divestments jumped 97.5% in 2022, then slumped 563.72% in 2023.
- Over 3 years, Divestments stood at -$370000.0 in 2021, then soared by 39.19% to -$225000.0 in 2022, then jumped by 54.67% to -$102000.0 in 2023.
- According to Business Quant data, Divestments over the past three periods registered -$102000.0, -$267000.0, and -$125000.0 for Q4 2023, Q3 2023, and Q2 2023 respectively.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Divestments (Qtr) |
|---|---|---|---|---|---|
| 1 | Kirby | 7.52 Bn | 7.48 Bn | 290.80 Mn | - |
| 2 | Matson | 6.59 Bn | 6.47 Bn | - | - |
| 3 | Hafnia | 3.92 Bn | 3.81 Bn | 152.41 Mn | 2.09 Mn |
| 4 | ZIM Integrated Shipping Services | 3.47 Bn | 2.54 Bn | 57.20 Mn | - |
| 5 | Star Bulk Carriers | 3.35 Bn | 2.85 Bn | - | - |
| 6 | Danaos | 2.66 Bn | 1.43 Bn | 217.68 Mn | - |
| 7 | Okeanis Eco Tankers | 2.43 Bn | 2.21 Bn | 12,231.53 Bn | - |
| 8 | Navios Maritime Partners | 2.41 Bn | 2.00 Bn | 326.09 Mn | - |
| 9 | Costamare | 1.81 Bn | 1.43 Bn | 185.32 Mn | - |
| 10 | Ardmore Shipping | 736.97 Mn | 686.54 Mn | 97.26 Mn | - |
Historic Data
Download Data| Date | Value |
|---|---|
| Dec 31, 2023 | -102,000.00 |
| Sep 30, 2023 | -267,000.00 |
| Jun 30, 2023 | -125,000.00 |
| Mar 31, 2023 | -750,000.00 |
| Dec 31, 2022 | -225,000.00 |
| Sep 30, 2022 | -125,000.00 |
| Jun 30, 2022 | -125,000.00 |
| Mar 31, 2022 | -113,000.00 |
| Dec 31, 2021 | -370,000.00 |
| Sep 30, 2021 | -173,000.00 |
| Jun 30, 2021 | -5.00 Mn |