Ardmore Shipping Corp (ASC)
11.88
-0.44
(-3.57%)
USD |
NYSE |
Nov 21, 16:00
11.92
+0.04
(+0.34%)
After-Hours: 20:00
Ardmore Shipping Debt to Equity Ratio: 0.0339 for Sept. 30, 2024
Debt to Equity Ratio Chart
Historical Debt to Equity Ratio Data
| Date | Value |
|---|---|
| September 30, 2024 | 0.0339 |
| June 30, 2024 | 0.0675 |
| March 31, 2024 | 0.0382 |
| December 31, 2023 | 0.0801 |
| September 30, 2023 | 0.0947 |
| June 30, 2023 | 0.1459 |
| March 31, 2023 | 0.1879 |
| December 31, 2022 | 0.2543 |
| September 30, 2022 | 0.2294 |
| June 30, 2022 | 0.3575 |
| March 31, 2022 | 0.4797 |
| December 31, 2021 | 0.441 |
| September 30, 2021 | 0.4713 |
| June 30, 2021 | 0.4287 |
| March 31, 2021 | 0.6363 |
| December 31, 2020 | 0.6572 |
| September 30, 2020 | 0.5986 |
| June 30, 2020 | 0.6083 |
| March 31, 2020 | 0.649 |
| December 31, 2019 | 0.6357 |
| September 30, 2019 | 0.6285 |
| June 30, 2019 | 0.6333 |
| March 31, 2019 | 0.6474 |
| December 31, 2018 | 0.6589 |
| Date | Value |
|---|---|
| September 30, 2018 | 0.9664 |
| June 30, 2018 | 0.9563 |
| March 31, 2018 | 1.043 |
| December 31, 2017 | 1.062 |
| September 30, 2017 | 1.018 |
| June 30, 2017 | 1.030 |
| March 31, 2017 | 1.100 |
| December 31, 2016 | 1.121 |
| September 30, 2016 | 1.121 |
| June 30, 2016 | 0.9079 |
| March 31, 2016 | 1.106 |
| December 31, 2015 | 1.117 |
| September 30, 2015 | 1.037 |
| June 30, 2015 | 0.9715 |
| March 31, 2015 | 0.7991 |
| December 31, 2014 | 0.6004 |
| September 30, 2014 | 0.577 |
| June 30, 2014 | 0.3885 |
| March 31, 2014 | 0.3951 |
| December 31, 2013 | 0.3824 |
| September 30, 2013 | 0.3878 |
| June 30, 2013 | 0.8716 |
| March 31, 2013 | 0.9293 |
| December 31, 2012 | 0.6191 |
Debt to Equity Ratio Definition
The debt to equity ratio measures the (Long Term Debt + Current Portion of Long Term Debt) / Total Shareholders' Equity. This metric is useful when analyzing the health of a company's balance sheet.
Debt to Equity Ratio Range, Past 5 Years
0.0339
Minimum
Sep 2024
0.6572
Maximum
Dec 2020
0.3548
Average
0.3931
Median
Debt to Equity Ratio Benchmarks
| SFL Corp Ltd | 2.281 |
| Stolt-Nielsen Ltd | 0.8765 |
| Pangaea Logistics Solutions Ltd | 0.4015 |
| Costamare Inc | 0.8732 |
| Toro Corp | 0.00 |
Debt to Equity Ratio Related Metrics
| Total Assets (Quarterly) | 722.81M |
| Total Liabilities (Quarterly) | 58.77M |
| Shareholders Equity (Quarterly) | 664.04M |
| Current Ratio | 3.570 |
| Net Debt Paydown Yield | 1.48% |