Ardmore Shipping (ASC) Interest Expenses (2012 - 2026)
Ardmore Shipping (ASC) posted Interest Expenses of -$1.7 million for Q2 2026, up 16.75% sequentially from -$2.1 million in Q1 2026, and down 66.73% YoY from -$5.2 million in Q2 2025.
Ardmore Shipping (ASC) Interest Expenses (2012 - 2026) Analysis & Trends
Ardmore Shipping has reported Interest Expenses for 15 years, with the latest figure at -$1.7 million in Q2 2026.
- Quarterly Interest Expenses fell 66.73% year-over-year to -$1.7 million in Q2 2026, while the trailing twelve-month figure through Jun 2026 was -$8.0 million (down 90.27% YoY) and the FY2025 annual result came in at $6.1 million, down 9.83% from the prior year.
- Interest Expenses climbed to -$1.7 million in Q2 2026 per ASC's latest filing, from -$2.1 million in the prior quarter.
- Over five years, Interest Expenses peaked at $235.2 million in Q2 2022 and troughed at -$4.1 million in Q1 2022.
- A 5-year average of $32.2 million and a median of -$1.1 million in 2024 frame the typical range for Interest Expenses.
- The sharpest annual moves came in 2023 and 2026: Interest Expenses soared 1514.38% in 2023, then tumbled 123.42% in 2026.
- Over 5 years, Interest Expenses stood at -$2.0 million in 2022, then sank by 33.76% to -$2.7 million in 2023, then jumped by 59.44% to -$1.1 million in 2024, then sank by 116.58% to -$2.4 million in 2025, then gained by 27.27% to -$1.7 million in 2026.
- According to Business Quant data, Interest Expenses over the past three periods registered -$1.7 million, -$2.1 million, and -$2.4 million for Q2 2026, Q1 2026, and Q4 2025 respectively.
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Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Interest Expense (Qtr) |
|---|---|---|---|---|---|
| 1 | Kirby | 7.52 Bn | 7.48 Bn | 290.80 Mn | 232.45 Mn |
| 2 | Matson | 6.59 Bn | 6.47 Bn | - | 439.00 Mn |
| 3 | Hafnia | 3.92 Bn | 3.81 Bn | 152.41 Mn | -49.77 Mn |
| 4 | ZIM Integrated Shipping Services | 3.47 Bn | 2.54 Bn | 57.20 Mn | -112.20 Mn |
| 5 | Star Bulk Carriers | 3.35 Bn | 2.85 Bn | - | 159.66 Mn |
| 6 | Danaos | 2.66 Bn | 1.43 Bn | 217.68 Mn | - |
| 7 | Okeanis Eco Tankers | 2.43 Bn | 2.21 Bn | 12,231.53 Bn | - |
| 8 | Navios Maritime Partners | 2.41 Bn | 2.00 Bn | 326.09 Mn | -30.60 Mn |
| 9 | Costamare | 1.81 Bn | 1.43 Bn | 185.32 Mn | -36.51 Mn |
| 10 | Ardmore Shipping | 736.97 Mn | 686.54 Mn | 97.26 Mn | -3.83 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| Jun 30, 2026 | -1.74 Mn |
| Jun 30, 2026 | -1.74 Mn |
| 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 | 52.82 Mn |
| Mar 31, 2024 | 52.82 Mn |