Ardmore Shipping Stock

Ardmore Shipping ROA 2024

Ardmore Shipping ROA

0.16

Ticker

ASC

ISIN

MHY0207T1001

WKN

A1W4G1

In 2024, Ardmore Shipping's return on assets (ROA) was 0.16, a -12.05% increase from the 0.19 ROA 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.

ROA Details

Understanding Ardmore Shipping's Return on Assets (ROA)

Ardmore Shipping's Return on Assets (ROA) is a key performance indicator that measures the company's profitability in relation to its total assets. It is calculated by dividing the net income by the total assets. A higher ROA indicates efficient asset utilization to generate profits, reflecting managerial effectiveness and financial health.

Year-to-Year Comparison

Comparing Ardmore Shipping's ROA year-over-year provides insights into the company’s operational efficiency and asset utilization trends. An increasing ROA demonstrates enhanced asset efficiency and profitability, while a declining ROA can indicate operational or financial challenges.

Impact on Investments

Investors consider Ardmore Shipping's ROA as a crucial metric to evaluate the company’s profitability and efficiency. A higher ROA signifies that the company is effectively utilizing its assets to generate profits, making it a potentially attractive investment.

Interpreting ROA Fluctuations

Variations in Ardmore Shipping’s ROA can be attributed to changes in net income, asset purchases, or operational efficiencies. Analyzing these fluctuations assists in assessing the company's financial performance, management efficiency, and strategic financial positioning.

Frequently Asked Questions about Ardmore Shipping stock

What is the Return on Assets (ROA) of Ardmore Shipping this year?

The Return on Assets (ROA) of Ardmore Shipping is 0.16 undefined this year.

What was the ROA of Ardmore Shipping compared to the previous year?

The ROA of Ardmore Shipping has increased by -12.05% compared to the previous year.

What consequences do high ROA have for investors of Ardmore Shipping?

A high ROA is advantageous for investors of Ardmore Shipping, as it indicates that the company efficiently utilizes its assets and generates good profits.

What are the consequences of low ROA for investors in Ardmore Shipping?

A low ROA can be unfavorable for investors of Ardmore Shipping as it indicates that the company is inefficiently utilizing its assets and may potentially achieve lower profits.

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

An increase in ROA of Ardmore Shipping can be an indicator of improved efficiency in asset utilization and higher profitability.

How does a reduction in ROA of Ardmore Shipping impact the company?

A reduction in the ROA of Ardmore Shipping can be an indicator of lower asset efficiency and profitability.

What are some factors that can influence the ROA of Ardmore Shipping?

Some factors that can influence the ROA of Ardmore Shipping include revenue, operating costs, asset structure, and industry average.

Why is the ROA of Ardmore Shipping important for investors?

The ROA of Ardmore Shipping is important for investors as it is an indicator of the company's profitability and efficiency in utilizing assets. It provides investors with information on how well the company utilizes its resources to generate profits.

What strategic measures can Ardmore Shipping take to improve ROA?

To improve ROA, Ardmore Shipping can take measures such as cost savings, revenue growth, optimizing asset structure, and diversifying its business activities. It is important for the company to conduct a thorough review of its financial situation to determine the best strategic measures to improve ROA.

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.