Ardmore Shipping Balance Sheet - Quarterly (NYSE:ASC)

Add to My Stocks
$7.75 $0.3 (4.03%) ASC stock closing price Jun 18, 2018 (Closing)

The financial analysis of a company involves interpreting the income statement, balance sheet and cash flow statements of the company to draw insights like we've done in our Ardmore Shipping stock analysis. How cash on hand has increased or decreased is one of the many indicators used while undertaking the Ardmore Shipping stock analysis, and provides insights into the firm's financial performance. Quarterly results announcements include the release of all three financial statements, of which the balance sheet is one. Ardmore Shipping balance sheet as at the end of 2018 Q1 indicates an asset turnover ratio of 0.24 and debt to equity ratio of 1.2. Also check Ardmore Shipping revenue and Ardmore Shipping operating cash flow for the same period.

View and download Ardmore Shipping quarterly results to get the balance sheet details for the latest 40 quarters data.
show more
Quarterly
Annual
View Previous Quarters
View Next Quarters
Fiscal year is Jan - Dec2018 Q12017 Q42017 Q32017 Q22017 Q12016 Q42016 Q32016 Q22016 Q12015 Q4
Cash35.28M39.45M45.81M54.81M45.23M55.95M52.97M103.12M47.47M40.1M
Marketable Securities----------
Receivables28.21M27.26M28.78M28.03M26.81M23.23M21.49M19.91M20.26M26.21M
Inventory10.91M9.63M9.15M7.68M7.97M7.33M6.58M4.75M4.3M3.96M
Raw Materials----------
Work In Progress----------
Finished Goods----------
Notes Receivable----------
Other Current Assets7.35M7.52M9.48M9.02M8.58M7.23M25.84M9.11M46.69M45.11M
Total Current Assets
81.77M83.88M93.23M99.55M88.6M93.76M106.89M136.91M118.73M115.4M
Property Plant & Equipment----------
Accumulated Depreciation----------
Net Property Plant & Equipment
762.96M752.26M760.74M769.23M777.69M785.95M765.92M662.04M652.41M658.62M
Investment & Advances----------
Other Non-Current Assets----------
Deferred Charges4.05M4.11M4.12M3.36M2.86M3.23M3.69M5.15M3.75M3.73M
Intangibles----------
Deposits & Other Assets3.65M5.27M3.61M3.58M--3.41M---
Total Assets
852.44M845.54M861.71M875.74M869.84M883.64M879.93M804.71M775.5M778.19M
Notes Payable----------
Accounts Payable18.21M16.1M17.79M16.9M13.98M14.44M11.23M8.71M9.65M12.48M
Current Portion Long-Term Debt36.7M37.07M36.48M37.87M41.57M41.82M49.52M35.09M35.12M27.51M
Current Portion Capital Leases4.84M3.53M3.29M3.18M----26.23M26.77M
Accrued Expenses1.61M1.53M1.91M1.9M2.01M2.06M1.9M1.3M2.13M1.75M
Income Taxes Payable----------
Other Current Liabilities1.17M-----1.72M2.28M2.67M1.33M
Total Current Liabilities
62.54M58.25M59.54M59.9M57.89M59.01M64.38M47.4M75.82M69.85M
Mortgages----------
Deferred Taxes/Income----------
Convertible Debt----------
Long-Term Debt357.59M367.35M366.39M374.66M400.94M411.38M407.75M341.98M350.85M360.72M
Non-Current Capital Leases54.24M38.95M39.81M40.7M8.77M8.97M----
Other Long-Term Liabilities----------
Total Liabilities
474.38M464.56M465.75M475.26M467.62M479.37M472.13M389.38M426.67M430.58M
Minority Interest----------
Preferred Stock----------
Common Stock Net----------
Capital Surplus405.37M405.55M405.62M405.5M405.39M405.27M405.11M404.16M339.09M338.22M
Retained Earnings-14.74M-9.56M-5.73M-1.09M-2.92M6.61M15.08M13.73M10.4M
Treasury Stock12.9M15.34M4.27M4.27M4.27M4.27M4.27M4.27M4.27M1.27M
Other Liabilities----------
Shareholders Equity378.06M380.97M395.95M400.47M402.21M404.26M407.79M415.32M348.82M347.61M
Total Liabilities & Shareholders Equity852.44M845.54M861.71M875.74M869.84M883.64M879.96M804.71M775.5M778.19M
All figures in USD. M: Millions of USD, B: Billions of USD.
View Previous Quarters
View Next Quarters

The latest Ardmore Shipping stock price, and Ardmore Shipping historical stock prices show the stock price movement over time, and the Ardmore Shipping PE ratio chart displays the PE ratio movement. Apart from stock price, one should also look at balance sheet items which mainly comprise of the following:

  • Assets: ASC total assets, which was at $852.44M for 2018 Q1 is a balance sheet item representing value of what Ardmore Shipping owns. Assets are brought to aid a firms operations, or to increase its economic value. It must be noted that tech stocks may not have a lot of assets, as the value for these companies is often derived from future earning potential.
  • 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 $474.38M.

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
0.64