Ardmore Shipping (ASC) Interest Coverage Ratio (2012 - 2026)
Ardmore Shipping's (ASC) quarterly Interest Coverage Ratio came in at 31.55 in Q1 2026, up 58.69% year-on-year from 19.88 in Q1 2025, and up 4.09% quarter-over-quarter from 32.9 in Q4 2025.
Ardmore Shipping (ASC) Interest Coverage Ratio (2012 - 2026) Analysis & Trends
Ardmore Shipping has disclosed Interest Coverage Ratio across 15 years of filings, most recently posting 31.55 for Q1 2026.
- Interest Coverage Ratio for Q1 2026 came in at 31.55, up 58.69% year-over-year; the trailing twelve-month figure through Mar 2026 was 40.29 (up 43.1% YoY), and the FY2025 annual result was 31.06, down 55.94% from the prior year.
- Interest Coverage Ratio came in at 31.55 for Q1 2026 at Ardmore Shipping, up from 32.9 in the prior quarter.
- In the past five years, Interest Coverage Ratio ranged from a high of 14.27 in Q1 2022 to a low of 87.27 in Q3 2024.
- The 5-year median for Interest Coverage Ratio is 35.46 (2023), against an average of 45.48.
- Peak annual rise in Interest Coverage Ratio reached 100.0% in 2022, while the deepest fall reached 453.66% in 2022.
- Ardmore Shipping's Interest Coverage Ratio stood at 64.5 in 2022, then jumped by 45.02% to 35.46 in 2023, then sank by 108.23% to 73.84 in 2024, then surged by 55.45% to 32.9 in 2025, then climbed by 4.09% to 31.55 in 2026.
- The last three Interest Coverage Ratio figures came in at 31.55 (Q1 2026), 32.9 (Q4 2025), and 45.21 (Q3 2025), per Business Quant data.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Interest Cover (Qtr) |
|---|---|---|---|---|---|
| 1 | C3is | 744.65 Bn | 744.65 Bn | 9.11 Mn | -2,842.87 |
| 2 | Kirby | 7.86 Bn | 7.78 Bn | 291.34 Mn | -23.85 |
| 3 | Matson | 5.69 Bn | 5.59 Bn | - | 38.38 |
| 4 | Hafnia | 3.63 Bn | 3.52 Bn | 152.41 Mn | -8.49 |
| 5 | Star Bulk Carriers | 3.14 Bn | 3.13 Bn | 371.22 Mn | 0.60 |
| 6 | ZIM Integrated Shipping Services | 3.12 Bn | 1.01 Bn | 57.20 Mn | 0.16 |
| 7 | Costamare | 1.93 Bn | 1.42 Bn | - | -5.13 |
| 8 | Navios Maritime Partners | 1.87 Bn | 1.47 Bn | 262.01 Mn | -9.34 |
| 9 | Global Ship Lease | 1.37 Bn | 1.37 Bn | - | - |
| 10 | Ardmore Shipping | 9,535.20 | -52.75 Mn | 70.11 Mn | -31.55 |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2026 | -31.55 |
| Dec 31, 2025 | -32.90 |
| Sep 30, 2025 | -45.21 |
| Jun 30, 2025 | -66.49 |
| Mar 31, 2025 | -76.37 |
| Dec 31, 2024 | -73.84 |
| Sep 30, 2024 | -87.27 |
| Jun 30, 2024 | -57.74 |
| Mar 31, 2024 | -35.42 |
| Dec 31, 2023 | -35.46 |
| Sep 30, 2023 | -28.19 |
| Jun 30, 2023 | -31.24 |
| Mar 31, 2023 | -40.26 |
| Dec 31, 2022 | -64.50 |
| Sep 30, 2022 | -31.26 |
| Jun 30, 2022 | -21.27 |
| Mar 31, 2022 | -14.27 |
| Dec 31, 2021 | -11.65 |
| Sep 30, 2021 | -10.56 |
| Jun 30, 2021 | -10.61 |