Ardmore Shipping (ASC) Short term Debt (2012 - 2024)
Ardmore Shipping (ASC) reported Short term Debt of $2.5 million for Q3 2024, down 60.88% on a YoY basis from $6.4 million in Q4 2023, and down 60.89% sequentially from $6.4 million in Q4 2023.
Ardmore Shipping (ASC) Short term Debt (2012 - 2024) Analysis & Trends
Ardmore Shipping (ASC) has 13 years of Short term Debt data on file, last reported at $2.5 million in Q3 2024.
- For the quarter ending Q3 2024, Short term Debt fell 60.88% year-over-year to $2.5 million; the trailing twelve-month figure through Sep 2024 stood at $2.5 million (down 60.88% YoY), and the FY2023 full-year result was $6.4 million, down 50.21% from the prior year.
- Short term Debt slipped to $2.5 million in Q3 2024, from $6.4 million in the prior quarter.
- In the past five years, Short term Debt ranged from a high of $32.6 million in Q1 2020 to a low of $2.5 million in Q3 2024.
- A 5-year average of $14.6 million and a median of $15.1 million in 2021 frame the typical range for Short term Debt.
- Across the five-year window, Short term Debt soared 53.17% in 2020 and tumbled 60.88% in 2024, its largest moves.
- Tracing ASC's Short term Debt over 5 years: stood at $22.5 million in 2020, then slumped by 32.75% to $15.1 million in 2021, then slipped by 14.41% to $12.9 million in 2022, then tumbled by 50.21% to $6.4 million in 2023, then tumbled by 60.89% to $2.5 million in 2024.
- Business Quant data shows ASC's Short term Debt at $2.5 million in Q3 2024, $6.4 million in Q4 2023, and $6.4 million in Q3 2023.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) |
|---|---|---|---|---|
| 1 | ZIM Integrated Shipping Services | 2,964,341.97 Bn | 2,964,341.05 Bn | 57.20 Mn |
| 2 | Danaos | 2,542.12 Bn | 2,541.24 Bn | 203.71 Mn |
| 3 | Sfl | 1,584.69 Bn | 1,584.53 Bn | 66.27 Mn |
| 4 | Capital Clean Energy Carriers | 1,419.00 Bn | 1,418.46 Bn | 95.52 Mn |
| 5 | Globus Maritime | 59.97 Bn | 59.95 Bn | 8,083.00 |
| 6 | Kirby | 8.07 Bn | 7.99 Bn | 291.34 Mn |
| 7 | Matson | 6.26 Bn | 6.16 Bn | - |
| 8 | Hafnia | 3.73 Bn | 3.62 Bn | 152.41 Mn |
| 9 | Intercont (Cayman) | 3.56 Bn | 3.56 Bn | - |
| 10 | Ardmore Shipping | 671.20 Mn | 618.44 Mn | 70.11 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| Sep 30, 2024 | 2.52 Mn |
| Dec 31, 2023 | 6.44 Mn |
| Sep 30, 2023 | 6.43 Mn |
| Jun 30, 2023 | 6.58 Mn |
| Mar 31, 2023 | 13.22 Mn |
| Dec 31, 2022 | 12.93 Mn |
| Sep 30, 2022 | 12.67 Mn |
| Jun 30, 2022 | 15.14 Mn |
| Mar 31, 2022 | 15.11 Mn |
| Dec 31, 2021 | 15.10 Mn |
| Sep 30, 2021 | 15.08 Mn |
| Jun 30, 2021 | 15.05 Mn |
| Mar 31, 2021 | 17.88 Mn |
| Dec 31, 2020 | 22.46 Mn |
| Sep 30, 2020 | 21.28 Mn |
| Jun 30, 2020 | 17.70 Mn |
| Mar 31, 2020 | 32.64 Mn |
| Dec 31, 2019 | 20.22 Mn |
| Sep 30, 2019 | 19.80 Mn |
| Jun 30, 2019 | 19.77 Mn |