Ardmore Shipping (ASC) Interest Coverage Ratio (2012 - 2026)
Ardmore Shipping (ASC) posted Interest Coverage Ratio of 56.24 for Q2 2026, down 66.39% sequentially from 33.8 in Q1 2026, and up 1.59% YoY from 55.35 in Q2 2025.
Ardmore Shipping (ASC) Interest Coverage Ratio (2012 - 2026) Analysis & Trends
Ardmore Shipping has reported Interest Coverage Ratio for 15 years, with the latest figure at 56.24 in Q2 2026.
- Quarterly Interest Coverage Ratio rose 1.59% year-over-year to 56.24 in Q2 2026, while the trailing twelve-month figure through Jun 2026 was 37.72 (up 42.92% YoY) and the FY2025 annual result came in at 41.46, down 21.36% from the prior year.
- Interest Coverage Ratio slipped to 56.24 in Q2 2026 per ASC's latest filing, from 33.8 in the prior quarter.
- Over five years, Interest Coverage Ratio peaked at 1.81 in Q1 2023 and troughed at 15309.94 in Q1 2022.
- A 5-year average of 881.47 and a median of 36.16 in 2025 frame the typical range for Interest Coverage Ratio.
- The widest YoY moves for Interest Coverage Ratio: up 672.29% in 2022, down 8606296.3% in 2022.
- Over 5 years, Interest Coverage Ratio stood at 59.85 in 2022, then soared by 46.79% to 31.85 in 2023, then plunged by 98.84% to 63.33 in 2024, then jumped by 57.21% to 27.09 in 2025, then tumbled by 107.56% to 56.24 in 2026.
- According to Business Quant data, Interest Coverage Ratio over the past three periods registered 56.24, 33.8, and 27.09 for Q2 2026, Q1 2026, and Q4 2025 respectively.
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Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Interest Cover (Qtr) |
|---|---|---|---|---|---|
| 1 | Kirby | 7.52 Bn | 7.48 Bn | 290.80 Mn | 0.53 |
| 2 | Matson | 6.59 Bn | 6.47 Bn | - | 0.36 |
| 3 | Hafnia | 3.92 Bn | 3.81 Bn | 152.41 Mn | -2.21 |
| 4 | ZIM Integrated Shipping Services | 3.47 Bn | 2.54 Bn | 57.20 Mn | 0.16 |
| 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 | -11.44 |
| 9 | Costamare | 1.81 Bn | 1.43 Bn | 185.32 Mn | -6.22 |
| 10 | Ardmore Shipping | 736.97 Mn | 686.54 Mn | 97.26 Mn | -25.55 |
Historic Data
Download Data| Date | Value |
|---|---|
| Jun 30, 2026 | -56.24 |
| Mar 31, 2026 | -33.80 |
| Dec 31, 2025 | -27.09 |
| Sep 30, 2025 | -38.53 |
| Jun 30, 2025 | -57.15 |
| Mar 31, 2025 | -66.14 |
| Dec 31, 2024 | -63.33 |
| Sep 30, 2024 | -77.27 |
| Jun 30, 2024 | -52.84 |
| Mar 31, 2024 | 1.78 |
| Dec 31, 2023 | -31.85 |
| Sep 30, 2023 | 1.34 |
| Jun 30, 2023 | 1.38 |
| Mar 31, 2023 | 1.81 |
| Dec 31, 2022 | -59.85 |
| Sep 30, 2022 | 0.91 |
| Jun 30, 2022 | 0.39 |
| Mar 31, 2022 | -15,309.94 |
| Dec 31, 2021 | -8.78 |
| Sep 30, 2021 | 0.12 |