Ardmore Shipping Corporation (FRA:A61)

Ardmore Shipping Balance Sheet

Financials in millions USD. Fiscal year is January - December.

Fiscal Year	TTM	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020
Period Ending	Sep 30, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020
Cash & Equivalents	47.06	46.99	46.81	50.57	55.45	58.37
Trading Asset Securities	-	-	-	4.93	0.31	-
Cash & Short-Term Investments	47.06	46.99	46.81	55.5	55.76	58.37
Cash Growth	-1.09%	0.39%	-15.66%	-0.47%	-4.47%	12.84%
Accounts Receivable	53.57	60.87	56.23	79.84	20.3	17.81
Receivables	53.57	60.87	56.23	79.84	20.3	17.81
Inventory	10.01	11.31	12.56	15.72	11.1	10.27
Prepaid Expenses	3.18	4.3	4.35	4.52	3.51	3.68
Other Current Assets	2.37	3.08	6.83	2.16	3.55	12.41
Total Current Assets	116.18	126.55	126.78	157.74	94.22	102.54
Property, Plant & Equipment	645.09	551.91	539.73	553.16	615.54	633.8
Long-Term Investments	5.04	4.5	-	-	0.98	-
Long-Term Accounts Receivable	-	-	-	-	2.88	2.88
Long-Term Deferred Charges	31.55	17	14.86	7.43	8.88	10.22
Other Long-Term Assets	1.96	4.85	9.59	5.53	2.03	2.57
Total Assets	799.81	704.8	690.95	723.86	724.53	752.01
Accounts Payable	5.22	6.07	2.02	8.81	8.58	9.13
Accrued Expenses	19.48	18.31	19.2	21.75	11.39	12
Current Portion of Long-Term Debt	-	-	6.44	12.93	15.1	22.85
Current Portion of Leases	0.67	4.97	5.84	8.22	21.36	18.92
Current Unearned Revenue	0.66	0.48	0.35	1.22	2.07	-
Total Current Liabilities	26.02	29.83	33.84	52.93	58.5	62.9
Long-Term Debt	116.14	38.8	39.59	115.87	130	188.49
Long-Term Leases	1.42	0.48	42.12	47.61	206.09	180.28
Other Long-Term Liabilities	0.27	0.27	0.95	1.01	0.94	-
Total Liabilities	143.86	69.38	116.51	217.42	395.54	431.67
Common Stock	0.44	0.44	0.43	0.43	0.36	0.35
Additional Paid-In Capital	477.72	475.81	471.22	468.01	426.1	418.18
Retained Earnings	183.53	164.91	81.39	15.14	-119.92	-81.83
Treasury Stock	-33.52	-33.52	-15.64	-15.64	-15.64	-15.64
Comprehensive Income & Other	-	-	-	1.47	1.04	-0.73
Total Common Equity	628.17	607.64	537.4	469.4	291.95	320.33
Shareholders' Equity	655.95	635.42	574.44	506.44	329	320.33
Total Liabilities & Equity	799.81	704.8	690.95	723.86	724.53	752.01
Total Debt	118.24	44.24	93.99	184.62	372.55	410.54
Net Cash (Debt)	-71.18	2.75	-47.18	-129.13	-316.8	-352.18
Net Cash Per Share	-1.74	0.07	-1.13	-3.37	-9.35	-10.59
Filing Date Shares Outstanding	40.7	40.5	41.53	41	34.36	33.27
Total Common Shares Outstanding	40.7	40.46	41.3	40.63	34.36	33.19
Working Capital	90.15	96.72	92.94	104.81	35.72	39.64
Book Value Per Share	15.44	15.02	13.01	11.55	8.50	9.65
Tangible Book Value	628.17	607.64	537.4	469.4	291.95	320.33
Tangible Book Value Per Share	15.44	15.02	13.01	11.55	8.50	9.65
Machinery	-	809.99	761.54	741.38	804.93	801.66

Source: S&P Global Market Intelligence. Standard template. Financial Sources.