Ardmore Shipping Corp (ASC)
16.89
+0.27
(+1.62%)
USD |
NYSE |
Apr 26, 16:00
16.95
+0.06
(+0.36%)
After-Hours: 20:00
Ardmore Shipping Debt to Equity Ratio: 0.0801 for Dec. 31, 2023
Debt to Equity Ratio Chart
Historical Debt to Equity Ratio Data
| Date | Value |
|---|---|
| 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 |
| September 30, 2018 | 0.9664 |
| June 30, 2018 | 0.9563 |
| Date | Value |
|---|---|
| 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
0.0801
Minimum
Dec 2023
0.6572
Maximum
Dec 2020
0.4325
Average
0.4713
Median
Sep 2021
Debt to Equity Ratio Benchmarks
| Nordic American Tankers Ltd | 0.5603 |
| SFL Corp Ltd | 2.065 |
| Stolt-Nielsen Ltd | 0.8946 |
| United Maritime Corp | 0.9797 |
| Toro Corp | 0.0176 |
Debt to Equity Ratio Related Metrics
| Total Assets (Quarterly) | 690.95M |
| Total Liabilities (Quarterly) | 116.51M |
| Shareholders Equity (Quarterly) | 574.44M |
| Current Ratio | 3.746 |
| Net Debt Paydown Yield | 1.99% |