Ardmore Shipping Stock

Ardmore Shipping Market capitalization 2024

Ardmore Shipping Market capitalization

720.17 M USD

Ticker

ASC

ISIN

MHY0207T1001

WKN

A1W4G1

In 2024, Ardmore Shipping's market cap stood at 720.17 M USD, a 37.34% increase from the 524.36 M USD market cap in the previous year.

The Ardmore Shipping Market capitalization history

YEARMarket Capitalization (undefined USD)
2023579.33
2022315.74
2021135.25
2020152.29
2019230.51
2018237.06
2017260.39
2016238.18
2015310.87
2014309.09
2013161.63
2012-
2011-
2010-

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.

Market capitalization Details

Exploring Ardmore Shipping's Market Capitalization

Ardmore Shipping's market capitalization represents the total dollar market value of the company’s outstanding shares of stock. It is calculated by multiplying the company's shares outstanding by the current market price of one share. This metric is a vital indicator of a company’s size, strength, and overall market value.

Year-to-Year Comparison

A yearly comparison of Ardmore Shipping's market capitalization provides investors and analysts insights into its growth and valuation trends. An increase signifies market confidence and business expansion, while a decrease may point towards declining market value or business contractions.

Impact on Investments

Ardmore Shipping's market capitalization plays a pivotal role in investment decisions. It aids investors in assessing the company's risk and return profiles. Larger companies are often considered more stable but may offer lower growth potential, while smaller companies might offer significant growth prospects but come with higher risk.

Interpreting Market Capitalization Fluctuations

Variations in Ardmore Shipping’s market capitalization can be attributed to several factors, including changes in stock price, outstanding shares, and market sentiment. Understanding these fluctuations helps investors evaluate the company's current standing and future potential in the competitive landscape.

Frequently Asked Questions about Ardmore Shipping stock

What is the current Ardmore Shipping market capitalization?

The current market capitalization of Ardmore Shipping is 720.17 M USD.

What is market capitalization?

The market capitalization (German: Marktkapitalisierung, English: market capitalization, abbreviated as market cap, also known as stock exchange capitalization or market value) is the calculated total value of all shares of a publicly traded company like Ardmore Shipping.

How has the market capitalization of Ardmore Shipping developed in recent years?

The market capitalization of Ardmore Shipping has increased/decreased by 37.34% compared to the previous year.

What does market capitalization mean for investors?

The market capitalization of a company reflects the current market consensus on the value of the equity of a publicly traded company.

Why is market capitalization an important indicator for investors?

The market capitalization of a company reflects the current market consensus on the value of a publicly traded company's equity. It is determined by the supply and demand for the company's shares. Market capitalization is thus significantly influenced by expectations in the stock market regarding the future earnings power of the company, and as such, it can undergo significant fluctuations.

Why does the market capitalization fluctuate?

The market capitalization fluctuates along with the stock price, as the market capitalization is calculated based on the current price and the number of outstanding shares.

What role does market capitalization play in the valuation of Ardmore Shipping?

In order to compare the value of companies, it is helpful to consider not only the market capitalization but also the net debt of a company. A potential buyer of the entire company would also acquire the debts of the company. The enterprise value is the total value of a company or a stock corporation. The net financial indebtedness of the company is added to the market capitalization.

Does the market capitalization influence the performance of Ardmore Shipping?

There is no verifiable long-term evidence or study that stocks with a specific market capitalization (whether Mega/Large/Mid/Small Cap) would consistently yield significantly higher returns than others. There are occasional small studies (few stocks, short investment period) suggesting that certain classes may perform better or have higher risk, but none of them are 1. conclusive (cause-effect relationship is unclear, experiment is not repeatable) or 2. generalizable (generalization is not possible due to small sample size and time period).

Does the market capitalization of Ardmore Shipping have an influence on indices?

Some stock indices use market capitalization as index weighting. Stocks with a higher market capitalization are also weighted higher in the index. This is in contrast to equally weighted indices (all stocks have the same weighting) and free float weighted indices (market capitalization weighting, but only with the number of shares in free float).

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.

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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.