Ardmore Shipping (ASC) Interest Expenses (2012 - 2026)
Ardmore Shipping (ASC) reported Interest Expenses of -$2.1 million for Q1 2026, down 123.42% on a YoY basis from $8.9 million in Q1 2025, and up 12.63% sequentially from -$2.4 million in Q4 2025.
Ardmore Shipping (ASC) Interest Expenses (2012 - 2026) Analysis & Trends
Ardmore Shipping (ASC) has 15 years of Interest Expenses data on file, last reported at -$2.1 million in Q1 2026.
- For the quarter ending Q1 2026, Interest Expenses fell 123.42% year-over-year to -$2.1 million; the trailing twelve-month figure through Mar 2026 stood at -$7.3 million (down 40.13% YoY), and the FY2025 full-year result was $6.1 million, down 9.83% from the prior year.
- Interest Expenses improved to -$2.1 million in Q1 2026, from -$2.4 million in the prior quarter.
- In the past five years, Interest Expenses ranged from a high of -$935000.0 in Q1 2025 to a low of -$4.8 million in Q2 2022.
- A 5-year average of -$2.5 million and a median of -$2.4 million in 2025 frame the typical range for Interest Expenses.
- Across the five-year window, Interest Expenses surged 63.21% in 2024 and sank 123.42% in 2026, its largest moves.
- Tracing ASC's Interest Expenses over 5 years: stood at -$2.0 million in 2022, then slumped by 33.76% to -$2.7 million in 2023, then jumped by 59.44% to -$1.1 million in 2024, then slumped by 116.58% to -$2.4 million in 2025, then grew by 12.63% to -$2.1 million in 2026.
- Business Quant data shows ASC's Interest Expenses at -$2.1 million in Q1 2026, -$2.4 million in Q4 2025, and -$1.7 million in Q3 2025.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Interest Expense (Qtr) |
|---|---|---|---|---|---|
| 1 | ZIM Integrated Shipping Services | 2,964,341.97 Bn | 2,964,341.05 Bn | 57.20 Mn | -112.20 Mn |
| 2 | Danaos | 2,542.12 Bn | 2,541.24 Bn | 203.71 Mn | 23.11 Mn |
| 3 | Sfl | 1,584.69 Bn | 1,584.53 Bn | 66.27 Mn | -38.14 Mn |
| 4 | Capital Clean Energy Carriers | 1,419.00 Bn | 1,418.46 Bn | 95.52 Mn | -23.03 Mn |
| 5 | Globus Maritime | 59.97 Bn | 59.95 Bn | 8,083.00 | -1.59 Mn |
| 6 | Kirby | 8.07 Bn | 7.99 Bn | 291.34 Mn | 3.48 Mn |
| 7 | Matson | 6.26 Bn | 6.16 Bn | - | 407.70 Mn |
| 8 | Hafnia | 3.73 Bn | 3.62 Bn | 152.41 Mn | -12.94 Mn |
| 9 | Intercont (Cayman) | 3.56 Bn | 3.56 Bn | - | - |
| 10 | Ardmore Shipping | 671.20 Mn | 618.44 Mn | 70.11 Mn | -2.09 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2026 | -2.09 Mn |
| Mar 31, 2026 | -2.09 Mn |
| Dec 31, 2025 | -2.39 Mn |
| Dec 31, 2025 | -2.39 Mn |
| Sep 30, 2025 | -1.74 Mn |
| Sep 30, 2025 | -1.74 Mn |
| Jun 30, 2025 | -1.04 Mn |
| Jun 30, 2025 | -1.04 Mn |
| Mar 31, 2025 | -935,000.00 |
| Mar 31, 2025 | -935,000.00 |
| Dec 31, 2024 | -1.10 Mn |
| Dec 31, 2024 | -1.10 Mn |
| Sep 30, 2024 | -1.10 Mn |
| Sep 30, 2024 | -1.10 Mn |
| Jun 30, 2024 | -2.04 Mn |
| Jun 30, 2024 | -2.04 Mn |
| Mar 31, 2024 | -2.53 Mn |
| Mar 31, 2024 | -2.53 Mn |
| Dec 31, 2023 | -2.72 Mn |
| Dec 31, 2023 | -2.72 Mn |