Ardmore Shipping (ASC) Interest Coverage Ratio (2012 - 2026)
Ardmore Shipping's (ASC) Interest Coverage Ratio came in at 49.98 for Q2 2026, up 4.6% from 47.80 a year earlier and up 67.1% from the prior quarter.
Ardmore Shipping (ASC) Interest Coverage Ratio (2012 - 2026) Analysis & Trends
For the trailing twelve months through Jun 30, 2026, Interest Coverage Ratio at Ardmore Shipping was 32.50, down 36.1% year-over-year; for FY2025, it was 33.58, down 20.1% from FY2024.
- In prior years, Ardmore Shipping's Interest Coverage Ratio was 42.05 in FY2024 (+74.9%), 24.04 in FY2023 (+24.6%), 19.30 in FY2022 (+190.8%) and 6.64 in FY2021 (-13.6%).
- The Q2 2026 figure stands as the highest quarterly Interest Coverage Ratio since Q3 2024.
- On a year-over-year basis, Interest Coverage Ratio increased in five of the last eight quarters, with growth averaging 27.9%.
- The strongest year-over-year quarter for Interest Coverage Ratio in the past five years was Q4 2022, with growth of 604.0%; the weakest was Q4 2025, with a decline of 52.1%.
- According to Business Quant data, Interest Coverage Ratio for the three prior quarters was 29.91 (Q1 2026), 22.67 (Q4 2025) and 31.62 (Q3 2025).
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Interest Cover (Qtr) |
|---|---|---|---|---|---|
| 1 | Union Pacific | 162.85 Bn | 157.37 Bn | - | 8.83 |
| 2 | Csx | 86.62 Bn | 82.84 Bn | - | 7.14 |
| 3 | Canadian Pacific Kansas City | 76.11 Bn | 75.83 Bn | - | - |
| 4 | United Parcel Service | 70.66 Bn | 47.58 Bn | - | 3.42 |
| 5 | Norfolk Southern | 70.32 Bn | 64.96 Bn | - | 5.71 |
| 6 | Fedex | 68.53 Bn | 34.48 Bn | - | - |
| 7 | Delta Air Lines | 55.25 Bn | 37.43 Bn | - | - |
| 8 | Old Dominion Freight Line | 36.69 Bn | 35.95 Bn | - | 6,122.38 |
| 9 | Ryanair Holdings | 28.78 Bn | 12.78 Bn | 3.13 Bn | 38.62 |
| 10 | Ardmore Shipping | 739.28 Mn | 550.02 Mn | 86.38 Mn | 49.98 |
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 49.98 |
| Mar 31, 2026 | 29.91 |
| Dec 31, 2025 | 22.67 |
| Sep 30, 2025 | 31.62 |
| Jun 30, 2025 | 47.80 |
| Mar 31, 2025 | 49.20 |
| Dec 31, 2024 | 47.36 |
| Sep 30, 2024 | 58.59 |
| Jun 30, 2024 | 43.79 |
| Mar 31, 2024 | 31.11 |
| Dec 31, 2023 | 25.23 |
| Sep 30, 2023 | 19.48 |
| Jun 30, 2023 | 22.17 |
| Mar 31, 2023 | 29.52 |
| Dec 31, 2022 | 47.41 |
| Sep 30, 2022 | 21.72 |
| Jun 30, 2022 | 13.95 |
| Mar 31, 2022 | 9.04 |
| Dec 31, 2021 | 6.73 |
| Sep 30, 2021 | 5.77 |
Ardmore Shipping Interest Coverage Ratio API
Pull this series into your own models, spreadsheets and apps with the Business Quant
Historical Metrics API. The request below matches the chart above — change the
frequency, period or values and it follows. Swap YOUR_API_KEY for your own key.
https://data.businessquant.com/historic?slug=interest-coverage-ratio&ticker=ASC&period=max&api_key=YOUR_API_KEY
import requests
url = "https://data.businessquant.com/historic"
params = {"slug": "interest-coverage-ratio", "ticker": "ASC", "period": "max", "api_key": "YOUR_API_KEY"}
data = requests.get(url, params=params).json()
const res = await fetch("https://data.businessquant.com/historic?slug=interest-coverage-ratio&ticker=ASC&period=max&api_key=YOUR_API_KEY");
const data = await res.json();