Ardmore Shipping Balance Sheet - Annual (NYSE:ASC)

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$8.55 $0.55 (6.88%) ASC stock closing price Jun 22, 2018 (Closing)

The financial analysis of a company like Ardmore Shipping involves checking the three financial statements of the company in detail, of which the balance sheet is one. Balance sheet items like cash at hand, total assets and liabilities helps one analyze a company and summarize the financial performance of the company like we have in our Ardmore Shipping stock analysis. Annual results are typically accompanied with the company releasing financial statements. Apart from analyzing Ardmore Shipping revenue Ardmore Shipping operating cash flow, one needs to check balance sheet items like cash, fixed assets and debt. The Ardmore Shipping balance sheet for 2017 shows cash on hand of $39.45M. The company has a debt to equity ratio of 1.2.

View latest 10 year balance sheet data to check Ardmore Shipping financial performance.
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Quarterly
Annual
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Fiscal year is Jan - Dec2017201620152014201320122011
Cash39.45M55.95M40.1M59.87M56.86M15.33M-
Marketable Securities-------
Receivables27.26M23.23M26.21M5.62M1.06M1.36M-
Inventory9.63M7.33M3.96M2.48M1.13M--
Raw Materials-------
Work In Progress-------
Finished Goods-------
Notes Receivable-------
Other Current Assets7.52M7.23M45.11M4.23M2.9M2.22M-
Total Current Assets
83.88M93.76M115.4M72.22M61.95M19.58M-
Property Plant & Equipment-------
Accumulated Depreciation-------
Net Property Plant & Equipment
752.26M785.95M658.62M485.6M290.71M154.49M-
Investment & Advances-------
Other Non-Current Assets-------
Deferred Charges4.11M3.23M3.73M12.85M5.13M5.75M-
Intangibles-------
Deposits & Other Assets5.27M------
Total Assets
845.54M883.64M778.19M570.84M357.96M179.96M-
Notes Payable-------
Accounts Payable16.1M14.44M12.48M7.03M3.99M3.11M-
Current Portion Long-Term Debt37.07M41.82M27.51M19.39M9.1M6.81M-
Current Portion Capital Leases3.53M-26.77M1.7M1.57M--
Accrued Expenses1.53M2.06M1.75M----
Income Taxes Payable-------
Other Current Liabilities--1.33M2.19M1.81M--
Total Current Liabilities
58.25M59.01M69.85M31.21M17.04M11.28M-
Mortgages-------
Deferred Taxes/Income-------
Convertible Debt-------
Long-Term Debt367.35M411.38M360.72M185.33M79.76M60.28M-
Non-Current Capital Leases38.95M8.97M-27.09M28.8M--
Other Long-Term Liabilities-------
Total Liabilities
464.56M479.37M430.58M243.64M125.6M71.56M-
Minority Interest-------
Preferred Stock-------
Common Stock Net-------
Capital Surplus405.55M405.27M338.22M339.08M244.7M117.07M-
Retained Earnings-9.56M2.92M10.4M-10.86M-12.52M-8.68M-
Treasury Stock15.34M4.27M1.27M1.27M---
Other Liabilities-------
Shareholders Equity380.97M404.26M347.61M327.2M232.35M108.39M-
Total Liabilities & Shareholders Equity845.54M883.64M778.19M570.84M357.96M179.96M-
All figures in USD. M: Millions of USD, B: Billions of USD.
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Most investors just check the Ardmore Shipping stock price, and Ardmore Shipping historical stock prices before investing. While share price is an important factor, one should also look at financials and valuation metrics like the Ardmore Shipping PE ratio chart. Below is a brief explanation of common balance sheet terms:

  • Assets: An asset is a resource that a corporation like Ardmore Shipping owns and has economic value. The two major types of assets are: fixed assets like real estate, plant and machinery and current assets like cash, marketable securities and inventory. The total asset value for ASC stock as of 2017 is $845.54M. Its easy to associate the term with manufacturing companies, which invest a lot in factories and equipment. However, the same cannot be said about tech stocks.
  • Liabilities: This item on the balance sheet implies the firm's, in this case Ardmore Shipping's, legal obligations including loans, accounts payable, deferred revenue, accrued expenses and mortgages. The total liabilities for ASC stock stand at $464.56M.

Ardmore Shipping Balance Sheet - Key Ratios

Current ratio
1.31
Debt to equity ratio
1.2
Asset turnover ratio
0.24
Receivables turnover
7.07
Price to book ratio
0.71