Ardmore Shipping (ASC) Times Interest Earned (2012 - 2026)
Ardmore Shipping's (ASC) quarterly Times Interest Earned came in at 56.24 in Q2 2026, up 1.59% year-over-year from 55.35 in Q2 2025, and down 66.39% quarter-over-quarter from 33.8 in Q1 2026.
Analysis
Ardmore Shipping (ASC) Times Interest Earned (2012 - 2026) Analysis & Trends
Ardmore Shipping has disclosed Times Interest Earned across 15 years of filings, most recently posting 56.24 for Q2 2026.
- In Q2 2026, Times Interest Earned rose 1.59% year-over-year to 56.24; the TTM figure through Jun 2026 stood at 37.72 (up 42.92% YoY), while the FY2025 annual figure was 41.46, up 21.36% from the prior year.
- Times Interest Earned came in at 56.24 for Q2 2026 at Ardmore Shipping, down from 33.8 in the prior quarter.
- In the past five years, Times Interest Earned ranged from a high of 11.57 in Q1 2022 to a low of 77.27 in Q3 2024.
- Average Times Interest Earned over 5 years is 41.72, with a median of 37.18 recorded in 2023.
- Year-over-year, Times Interest Earned slumped 581.88% in 2022 and surged 57.21% in 2025.
- Over 5 years, Times Interest Earned stood at 59.85 in 2022, then jumped by 46.79% to 31.85 in 2023, then slumped by 98.84% to 63.33 in 2024, then surged by 57.21% to 27.09 in 2025, then sank by 107.56% to 56.24 in 2026.
- Per Business Quant data, the three most recent Times Interest Earned figures were 56.24 in Q2 2026, 33.8 in Q1 2026, and 27.09 in Q4 2025.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Times Interest Earned (Qtr) |
|---|---|---|---|---|---|
| 1 | Frontline | 10.35 Bn | 10.03 Bn | - | 19.06 |
| 2 | Kirby | 7.39 Bn | 7.35 Bn | 290.80 Mn | 11.15 |
| 3 | Matson | 6.76 Bn | 6.64 Bn | - | 99.31 |
| 4 | International Seaways | 5.13 Bn | 5.13 Bn | 467.16 Mn | 28.53 |
| 5 | Hafnia | 4.45 Bn | 4.17 Bn | 372.91 Mn | 27.49 |
| 6 | Cmb.Tech | 4.42 Bn | 4.26 Bn | 970.62 Mn | 5.52 |
| 7 | Scorpio Tankers | 3.80 Bn | 1.97 Bn | 343.91 Mn | 11.03 |
| 8 | ZIM Integrated Shipping Services | 3.60 Bn | 2.57 Bn | 255.00 Mn | 1.34 |
| 9 | Star Bulk Carriers | 3.56 Bn | 3.00 Bn | 299.80 Mn | 12.46 |
| 10 | Ardmore Shipping | 732.47 Mn | 682.03 Mn | 97.26 Mn | 56.24 |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | -56.24 |
| Mar 31, 2026 | -33.80 |
| Dec 31, 2025 | -27.09 |
| Sep 30, 2025 | -38.53 |
| Jun 30, 2025 | -57.15 |
| Mar 31, 2025 | -66.14 |
| Dec 31, 2024 | -63.33 |
| Sep 30, 2024 | -77.27 |
| Jun 30, 2024 | -52.84 |
| Mar 31, 2024 | -37.30 |
| Dec 31, 2023 | -31.85 |
| Sep 30, 2023 | -24.89 |
| Jun 30, 2023 | -27.94 |
| Mar 31, 2023 | -37.07 |
| Dec 31, 2022 | -59.85 |
| Sep 30, 2022 | -28.90 |
| Jun 30, 2022 | -19.19 |
| Mar 31, 2022 | -11.57 |
| Dec 31, 2021 | -8.78 |
| Sep 30, 2021 | -7.51 |