Ardmore Shipping Stock

Ardmore Shipping Liabilities 2024

Ardmore Shipping Liabilities

116.51 M USD

Ticker

ASC

ISIN

MHY0207T1001

WKN

A1W4G1

In 2024, Ardmore Shipping's total liabilities amounted to 116.51 M USD, a -46.41% difference from the 217.4 M USD total liabilities in the previous year.

Ardmore Shipping Aktienanalyse

What does Ardmore Shipping do?

Ardmore Shipping Corp is an international shipping company based in Bermuda with offices in Dublin, Houston, and Singapore. It focuses on operating state-of-the-art and eco-efficient product and chemical tankers, providing a wide range of customized services to meet customer needs. The company was founded in 2010 and has experienced steady growth, becoming a leading player in the maritime industry. In 2013, Ardmore Shipping Corp successfully completed its initial public offering on the New York Stock Exchange (NYSE) and relocated its headquarters to Bermuda. The business model of Ardmore Shipping Corp is based on delivering high-quality transportation services for processed chemicals and petroleum products. The company ensures that its fleet of modern double-hull tankers is always up to date with the latest technology, ensuring maximum efficiency and safety. It also has a strong leadership and management structure to maintain expected standards and ensure customer satisfaction. Ardmore Shipping Corp operates a fleet of 25 vessels divided into two categories of product tankers: MR and LR ships. MR ships have a capacity of 25,000 to 49,999 tons, while LR ships have a capacity of 50,000 to 79,999 tons. The company also operates a new ship design called Eco-Design, which is more efficient and environmentally friendly. These ships reduce fuel consumption and pollutant emissions, representing an important step towards a more sustainable shipping industry. The company offers a wide range of services and products, including third-party vessel management, chartering, and fleet planning. It also provides professional and effective services for ship manufacturers, including risk management products. These products are highly valuable for customers specializing in the transportation and storage of chemicals and petroleum products. The ships and services provided by Ardmore Shipping Corp are of the highest level, offering excellent value and quality for its customers. The company also has a strong focus on innovation and sustainability. Ardmore Shipping Corp is committed to using low-carbon technologies and sustainable alternative fuels, and has already begun operating LNG-powered ships, which are less environmentally harmful. It is also working to improve its processes and systems with the goal of sustainability. Overall, Ardmore Shipping Corp is a leading player in the chemical tanker market, offering a wide range of services and products to customers worldwide. As an emerging company in the shipping industry, it strives to provide the highest quality and efficiency while integrating sustainable practices and technologies. Ardmore Shipping ist eines der beliebtesten Unternehmen auf Eulerpool.com.

Liabilities Details

Assessing Ardmore Shipping's Liabilities

Ardmore Shipping's liabilities constitute the company's financial obligations and debts owed to external parties and stakeholders. They are categorized into current liabilities, due within a year, and long-term liabilities, which are due over a longer period. A detailed assessment of these liabilities is crucial for evaluating Ardmore Shipping's financial stability, operational efficiency, and long-term viability.

Year-to-Year Comparison

By comparing Ardmore Shipping's liabilities year-over-year, investors can identify trends, shifts, and anomalies in the company’s financial positioning. A decrease in total liabilities often signals financial strengthening, while an increase might indicate enhanced investments, acquisitions, or potential financial strain.

Impact on Investments

Ardmore Shipping's total liabilities play a significant role in determining the company's leverage and risk profile. Investors and analysts examine this aspect meticulously to ascertain the firm’s ability to meet its financial obligations, which influences investment attractiveness and credit ratings.

Interpreting Liability Fluctuations

Shifts in Ardmore Shipping’s liability structure indicate changes in its financial management and strategy. A reduction in liabilities reflects efficient financial management or debt payoffs, while an increase may suggest expansion, acquisition activities, or accruing operational expenses, each carrying distinct implications for investors.

Frequently Asked Questions about Ardmore Shipping stock

What is the level of liabilities of Ardmore Shipping this year?

Ardmore Shipping has a debt balance of 116.51 M USD this year.

What were the liabilities of Ardmore Shipping compared to the previous year?

The liabilities of Ardmore Shipping have increased by -46.41% dropped compared to the previous year.

What are the consequences of high debt for investors of Ardmore Shipping?

High liabilities can pose a risk for investors of Ardmore Shipping, as they can weaken the company's financial position and impair its ability to meet its obligations.

What consequences do low liabilities have for investors in Ardmore Shipping?

Low liabilities mean that Ardmore Shipping has a strong financial position and is able to meet its obligations without overburdening its finances.

How does an increase in liabilities of Ardmore Shipping affect the company?

An increase in liabilities of Ardmore Shipping can lead to the company having more obligations and potentially find it more difficult to meet its financial commitments.

How does a reduction in the liabilities of Ardmore Shipping affect the company?

A decrease in the liabilities of Ardmore Shipping can lead to the company having fewer obligations and a stronger financial position, which can make it easier for the company to fulfill its financial commitments.

What are some factors that influence the liabilities of Ardmore Shipping?

Some factors that can influence the liabilities of Ardmore Shipping include investments, acquisitions, operating costs, and sales development.

Why is the level of liabilities of Ardmore Shipping so important for investors?

The liabilities of Ardmore Shipping are important for investors as they serve as an indicator of the company's financial stability and provide investors with information on how the company meets its financial obligations.

What strategic measures can Ardmore Shipping take to modify the liabilities?

To change its liabilities, Ardmore Shipping can take measures such as cost savings, increasing revenue, selling assets, raising investments, or forming partnerships. It is important for the company to conduct a thorough review of its financial situation to choose the best strategic actions.

How much dividend does Ardmore Shipping pay?

Over the past 12 months, Ardmore Shipping paid a dividend of 1.15 USD . This corresponds to a dividend yield of about 6.68 %. For the coming 12 months, Ardmore Shipping is expected to pay a dividend of 0.61 USD.

What is the dividend yield of Ardmore Shipping?

The current dividend yield of Ardmore Shipping is 6.68 %.

When does Ardmore Shipping pay dividends?

Ardmore Shipping pays a quarterly dividend. This is distributed in the months of December, March, June, September.

How secure is the dividend of Ardmore Shipping?

Ardmore Shipping paid dividends every year for the past 5 years.

What is the dividend of Ardmore Shipping?

For the upcoming 12 months, dividends amounting to 0.61 USD are expected. This corresponds to a dividend yield of 3.52 %.

In which sector is Ardmore Shipping located?

Ardmore Shipping is assigned to the 'Energy' sector.

Wann musste ich die Aktien von Ardmore Shipping kaufen, um die vorherige Dividende zu erhalten?

To receive the latest dividend of Ardmore Shipping from 9/13/2024 amounting to 0.38 USD, you needed to have the stock in your portfolio before the ex-date on 8/30/2024.

When did Ardmore Shipping pay the last dividend?

The last dividend was paid out on 9/13/2024.

What was the dividend of Ardmore Shipping in the year 2023?

In the year 2023, Ardmore Shipping distributed 0 USD as dividends.

In which currency does Ardmore Shipping pay out the dividend?

The dividends of Ardmore Shipping are distributed in USD.

Stock savings plans offer an attractive way for investors to build wealth over the long term. One of the main advantages is the so-called cost-average effect: by regularly investing a fixed amount in stocks or stock funds, you automatically buy more shares when prices are low, and fewer when they are high. This can lead to a more favorable average price per share over time. In addition, stock savings plans allow small investors access to expensive stocks, as they can participate with small amounts. Regular investment also promotes a disciplined investment strategy and helps to avoid emotional decisions, such as impulsive buying or selling. Furthermore, investors benefit from the potential appreciation of the stocks as well as from dividend distributions, which can be reinvested, enhancing the compounding effect and thus the growth of the invested capital.

Andere Kennzahlen von Ardmore Shipping

Our stock analysis for Ardmore Shipping Revenue stock includes important financial indicators such as revenue, profit, P/E ratio, P/S ratio, EBIT, as well as information on dividends. We also assess aspects such as stocks, market capitalization, debt, equity, and liabilities of Ardmore Shipping Revenue. If you are looking for more detailed information on these topics, we offer comprehensive analyses on our subpages.