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
DateValue
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