Ardmore Shipping (ASC) Interest Coverage Ratio (2012 - 2026)
Ardmore Shipping's (ASC) Interest Coverage Ratio came in at 58.22 for Q3 2026, up 62.6% from 35.81 a year earlier and up 4.7% from the prior quarter.
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Analysis
Ardmore Shipping (ASC) Interest Coverage Ratio (2012 - 2026) Analysis & Trends
For the trailing twelve months through Sep 30, 2026, Interest Coverage Ratio at Ardmore Shipping was 48.82, up 25.2% year-over-year; for FY2025, it was 14.04, down 44.7% from FY2024.
- In prior years, Ardmore Shipping's Interest Coverage Ratio was 25.39 in FY2024 (+83.1%), 13.87 in FY2023 (+15.8%), 11.97 in FY2022 and 1.03 in FY2021 (-63.1%).
- The Q3 2026 figure stands as the highest quarterly Interest Coverage Ratio since Q1 2025.
- On a year-over-year basis, Interest Coverage Ratio increased in five of the last eight quarters, with growth averaging 3.8%.
- The strongest year-over-year quarter for Interest Coverage Ratio in the past five years was Q3 2022, with growth of 299.8%; the weakest was Q4 2023, with a decline of 58.0%.
- According to Business Quant data, Interest Coverage Ratio for the three prior quarters was 55.62 (Q2 2026), 33.32 (Q1 2026) and 10.77 (Q4 2025).
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Interest Cover (Qtr) |
|---|---|---|---|---|---|
| 1 | Union Pacific | 172.47 Bn | 164.72 Bn | - | 9.43 |
| 2 | United Parcel Service | 92.24 Bn | 69.07 Bn | - | 6.03 |
| 3 | Csx | 90.81 Bn | 86.03 Bn | - | 7.58 |
| 4 | Canadian Pacific Kansas City | 81.61 Bn | 80.64 Bn | - | - |
| 5 | Fedex | 72.98 Bn | 39.17 Bn | - | - |
| 6 | Norfolk Southern | 71.87 Bn | 66.34 Bn | - | 5.96 |
| 7 | Delta Air Lines | 57.23 Bn | 39.41 Bn | - | - |
| 8 | United Airlines Holdings | 36.65 Bn | -21.05 Bn | - | 4.03 |
| 9 | Old Dominion Freight Line | 34.12 Bn | 32.96 Bn | - | 14,145.16 |
| 10 | Ardmore Shipping | 706.67 Mn | 516.99 Mn | 69.21 Mn | 58.22 |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Sep 30, 2026 | 58.22 |
| Jun 30, 2026 | 55.62 |
| Mar 31, 2026 | 33.32 |
| Dec 31, 2025 | 10.77 |
| Sep 30, 2025 | 35.81 |
| Jun 30, 2025 | 51.43 |
| Mar 31, 2025 | 59.64 |
| Dec 31, 2024 | 14.83 |
| Sep 30, 2024 | 71.68 |
| Jun 30, 2024 | 50.00 |
| Mar 31, 2024 | 35.05 |
| Dec 31, 2023 | 13.71 |
| Sep 30, 2023 | 23.48 |
| Jun 30, 2023 | 26.34 |
| Mar 31, 2023 | 35.07 |
| Dec 31, 2022 | 32.66 |
| Sep 30, 2022 | 27.88 |
| Jun 30, 2022 | 18.68 |
| Mar 31, 2022 | 11.04 |
| Dec 31, 2021 | 1.46 |
API Access
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_KEYimport 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();