Ardmore Shipping (ASC) Interest Coverage Ratio (2012 - 2026)
Ardmore Shipping (ASC) reported Interest Coverage Ratio of 33.8 for Q1 2026, up 48.9% on a YoY basis from 22.7 in Q1 2025, and down 24.74% sequentially from 27.09 in Q4 2025.
Ardmore Shipping (ASC) Interest Coverage Ratio (2012 - 2026) Analysis & Trends
Ardmore Shipping (ASC) has 15 years of Interest Coverage Ratio data on file, last reported at 33.8 in Q1 2026.
- For the quarter ending Q1 2026, Interest Coverage Ratio rose 48.9% year-over-year to 33.8; the trailing twelve-month figure through Mar 2026 stood at 36.08 (up 42.43% YoY), and the FY2025 full-year result was 41.46, down 21.36% from the prior year.
- Interest Coverage Ratio declined to 33.8 in Q1 2026, from 27.09 in the prior quarter.
- In the past five years, Interest Coverage Ratio ranged from a high of 11.57 in Q1 2022 to a low of 77.27 in Q3 2024.
- A 5-year average of 40.86 and a median of 37.07 in 2023 frame the typical range for Interest Coverage Ratio.
- Across the five-year window, Interest Coverage Ratio sank 581.88% in 2022 and jumped 57.21% in 2025, its largest moves.
- Tracing ASC's Interest Coverage Ratio over 5 years: stood at 59.85 in 2022, then soared by 46.79% to 31.85 in 2023, then sank by 98.84% to 63.33 in 2024, then jumped by 57.21% to 27.09 in 2025, then slipped by 24.74% to 33.8 in 2026.
- Business Quant data shows ASC's Interest Coverage Ratio at 33.8 in Q1 2026, 27.09 in Q4 2025, and 38.53 in Q3 2025.
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Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Interest Cover (Qtr) |
|---|---|---|---|---|---|
| 1 | ZIM Integrated Shipping Services | 2,964,341.97 Bn | 2,964,341.05 Bn | 57.20 Mn | 0.16 |
| 2 | Danaos | 2,542.12 Bn | 2,541.24 Bn | 203.71 Mn | 9.51 |
| 3 | Sfl | 1,584.69 Bn | 1,584.53 Bn | 66.27 Mn | 1.66 |
| 4 | Capital Clean Energy Carriers | 1,419.00 Bn | 1,418.46 Bn | 95.52 Mn | -4.00 |
| 5 | Globus Maritime | 59.97 Bn | 59.95 Bn | 8,083.00 | -0.01 |
| 6 | Kirby | 8.07 Bn | 7.99 Bn | 291.34 Mn | 37.26 |
| 7 | Matson | 6.26 Bn | 6.16 Bn | - | 0.15 |
| 8 | Hafnia | 3.73 Bn | 3.62 Bn | 152.41 Mn | -8.49 |
| 9 | Intercont (Cayman) | 3.56 Bn | 3.56 Bn | - | - |
| 10 | Ardmore Shipping | 671.20 Mn | 618.44 Mn | 70.11 Mn | -33.80 |
Historic Data
Download Data| Date | Value |
|---|---|
| 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 | -37.30 |
| Dec 31, 2023 | -31.85 |
| Sep 30, 2023 | -24.89 |
| Jun 30, 2023 | -27.94 |
| Mar 31, 2023 | -37.07 |
| Dec 31, 2022 | -59.85 |
| Sep 30, 2022 | -28.90 |
| Jun 30, 2022 | -19.19 |
| Mar 31, 2022 | -11.57 |
| Dec 31, 2021 | -8.78 |
| Sep 30, 2021 | -7.51 |
| Jun 30, 2021 | -7.63 |