Ardmore Shipping (ASC) Short term Debt (2012 - 2024)
Ardmore Shipping's (ASC) quarterly Short term Debt came in at $2.5 million in Q3 2024, down 60.88% year-over-year from $6.4 million in Q4 2023, and down 60.89% quarter-over-quarter from $6.4 million in Q4 2023.
Analysis
Ardmore Shipping (ASC) Short term Debt (2012 - 2024) Analysis & Trends
Ardmore Shipping has disclosed Short term Debt across 13 years of filings, most recently posting $2.5 million for Q3 2024.
- In Q3 2024, Short term Debt fell 60.88% year-over-year to $2.5 million; the TTM figure through Sep 2024 stood at $2.5 million (down 60.88% YoY), while the FY2023 annual figure was $6.4 million, down 50.21% from the prior year.
- Short term Debt came in at $2.5 million for Q3 2024 at Ardmore Shipping, down 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.
- Average Short term Debt over 5 years is $14.6 million, with a median of $15.1 million recorded in 2021.
- Year-over-year, Short term Debt jumped 53.17% in 2020 and plunged 60.88% in 2024.
- Over 5 years, Short term Debt stood at $22.5 million in 2020, then tumbled by 32.75% to $15.1 million in 2021, then dropped by 14.41% to $12.9 million in 2022, then plunged by 50.21% to $6.4 million in 2023, then plunged by 60.89% to $2.5 million in 2024.
- Per Business Quant data, the three most recent Short term Debt figures were $2.5 million in Q3 2024, $6.4 million in Q4 2023, and $6.4 million in Q3 2023.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) |
|---|---|---|---|---|
| 1 | Frontline | 10.35 Bn | 10.03 Bn | - |
| 2 | Kirby | 7.39 Bn | 7.35 Bn | 290.80 Mn |
| 3 | Matson | 6.76 Bn | 6.64 Bn | - |
| 4 | International Seaways | 5.13 Bn | 5.13 Bn | 467.16 Mn |
| 5 | Hafnia | 4.45 Bn | 4.17 Bn | 372.91 Mn |
| 6 | Cmb.Tech | 4.42 Bn | 4.26 Bn | 970.62 Mn |
| 7 | Scorpio Tankers | 3.80 Bn | 1.97 Bn | 343.91 Mn |
| 8 | ZIM Integrated Shipping Services | 3.60 Bn | 2.57 Bn | 255.00 Mn |
| 9 | Star Bulk Carriers | 3.56 Bn | 3.00 Bn | 299.80 Mn |
| 10 | Ardmore Shipping | 732.47 Mn | 682.03 Mn | 97.26 Mn |
Historic Data
Download Data
Historic 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 |