Ardmore Shipping Cash Flow - Annual (NYSE:ASC)

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

For analyzing any company like Ardmore Shipping from an investment perspective, its important to check the cash flow statement. In simple terms, the cash flow statement measures the cash that has come into the company, and the cash that has gone out during a given period, while the other statements, the income statement and balance sheet, give details about Ardmore Shipping profits and Ardmore Shipping debt. Ardmore Shipping cash flow analysis is possible because this statement breaks down how balance sheet accounts and income statement items affect cash and cash equivalents. Ardmore Shipping had cash and cash equivalents of $55.95M at the beginning of the year and $39.45M at year end for 2017. The cash from operating activities for Ardmore Shipping is $ 2017, which saw a decrease from previous year.

View details of Ardmore Shipping cash flows for latest & last 10 financial years
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Quarterly
Annual
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Fiscal year is Jan - Dec2017201620152014201320122011
Net Income Cash Flow
-12.49M3.74M31.95M1.66M-3.84M-4.53M-2.97M
Depreciation Depletion Amortization Cash-Flow40.25M36.22M27.98M17.8M10.58M6.89M5.63M
Net Increase (Decrease) in Assets Liabilities-9.8M-1.24M-20.4M-8.42M-1.59M-2.26M
Cash From (used in) Discontinued Operations-------
Other Adjustments Net-3.9M-1.87M1.38M---
Net Cash from (used by) Operating Activities
18.41M42.63M37.65M12.42M8.12M3.98M-
Increase (Decrease) in Prop Plant And Equipment-0.38M-121.88M-232.49M-209.68M-144.56M-14.89M-56.79M
Acquisition Disposition of Subsidiaires-------
Increase (Decrease) in Investments-------
Other Cash Inflow (Outflow) from Investment Activities-1.89M-0.42M-0.35M-0.05M-0.06M-0.05M-0.12M
Net Cash from (used by) Investment Activities
-2.28M-122.31M-232.84M-209.74M-144.63M-14.94M-56.92M
Issuance (Purchase) of Equity Shares-11.26M60.93M-101.43M128.42M51.31M14.94M
Issuance (Repayment) of Debt Securities-51.59M67.8M191.73M115.86M21.76M1.5M27.6M
Increase (Decrease) in Bank & Other Borrowings31.05M-17.85M-1.7M-1.57M30.37M-30.26M15.49M
Payment of Dividends & Other Cash Distributions--9.32M-12.98M-9.63M-1.19M--
Other Cash from (used by) Financing Activities-0.82M-6.03M-1.63M-5.74M-1.33M-1.71M-1.25M
Net Cash from (used by) Financing Activities
-32.62M95.52M175.41M200.33M178.04M20.83M56.77M
Effect of Exchange Rate Changes on Cash-------
Net Change in Cash & Cash Equivalents
-16.49M15.84M-19.77M3.01M41.52M9.87M-
Cash & Equivalents at Beginning of Year55.95M40.1M59.87M56.86M15.33M5.46M5.2M
Cash & Equivalents at Year End39.45M55.95M40.1M59.87M56.86M15.33M5.46M
All figures in USD. M: Millions of USD, B: Billions of USD.
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The statement of cash flows comprises of cash flow from financing, cash flow from operations and cash flow from investing activities. All the three can have an impact on the stock price. The Ardmore Shipping stock price history and Ardmore Shipping stock comparison chart inevitably reflect its cash flow situation.

  • Net Change in Cash and Cash Equivalents: A positive net change in cash and cash equivalents shows that Ardmore Shipping is able to meet its expenditure and grow cash at hand which demonstrates the financial strength of the company's balance sheet. Also see - Ardmore Shipping stock price movement.
  • Cash Flow from operating activities: This is the cash that the company receives from ongoing operations. Ardmore Shipping gained $18.41M cash from operations. It is important to check this to see where the company is getting its money from.
  • Cash Flow from investment activities: Ardmore Shipping used $-2.28M cash due to investment activities. It includes the use of cash outside of normal day to day activities like buying fixed assets, plant and machinery etc.
  • Cash Flow from financing activities: The cash inflow/outflow from financing activities was $-32.62M for Ardmore Shipping. The money accounted for under this head comes from external sources which includes lenders, investors and shareholders. Positive cash flow is generated when the company gets cash because of issuance of stocks or bonds. Similarly negative cash flow is generated when shares are repurchased, dividend payments are made, and loans or interest on loans are paid back.

Key Financial Ratios For Ardmore Shipping Cash Flow