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 | 170.61 Bn | 165.14 Bn | - | 8.83 |
| 2 | Csx | 89.35 Bn | 85.55 Bn | - | 7.14 |
| 3 | United Parcel Service | 84.36 Bn | 61.25 Bn | - | 3.42 |
| 4 | Canadian Pacific Kansas City | 77.60 Bn | 76.61 Bn | - | - |
| 5 | Norfolk Southern | 73.13 Bn | 67.77 Bn | - | 5.71 |
| 6 | Fedex | 71.35 Bn | 37.29 Bn | - | - |
| 7 | Delta Air Lines | 50.35 Bn | 32.53 Bn | - | - |
| 8 | Old Dominion Freight Line | 39.38 Bn | 38.64 Bn | - | 6,122.38 |
| 9 | United Airlines Holdings | 32.08 Bn | -24.29 Bn | - | 3.20 |
| 10 | Ardmore Shipping | 749.94 Mn | 560.68 Mn | 97.26 Mn | 56.24 |
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 56.24 |
| Mar 31, 2026 | 33.80 |
| Dec 31, 2025 | 10.77 |
| Sep 30, 2025 | 38.53 |
| Jun 30, 2025 | 57.15 |
| Mar 31, 2025 | 66.14 |
| Dec 31, 2024 | 14.83 |
| Sep 30, 2024 | 77.27 |
| Jun 30, 2024 | 52.84 |
| Mar 31, 2024 | 37.30 |
| Dec 31, 2023 | 13.71 |
| Sep 30, 2023 | 24.89 |
| Jun 30, 2023 | 27.94 |
| Mar 31, 2023 | 37.07 |
| Dec 31, 2022 | 32.66 |
| Sep 30, 2022 | 28.90 |
| Jun 30, 2022 | 19.19 |
| Mar 31, 2022 | 11.57 |
| Dec 31, 2021 | 1.46 |
| Sep 30, 2021 | 7.51 |
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();