Ardmore Shipping (ASC) Financials

Ardmore Shipping Corp (ASC) is a leading provider of seaborne transportation of petroleum products and chemicals. The company operates a fleet of modern, fuel-efficient vessels that are capable of delivering a wide range of products to customers around the world. ASC's income statement reflects the company's financial performance over a given period. It shows the revenues generated from the transportation services and the expenses incurred to operate the fleet. From the income statement, one can determine ASC's gross profit, which is the revenue minus the cost of goods sold. This metric indicates the profitability of the company's operations. Another important measure is the EBIT, which stands for earnings before interest and taxes. EBIT is calculated by subtracting the operating expenses from the gross profit. EBITDA, or earnings before interest, taxes, depreciation, and amortization, is another key metric that provides a clearer picture of ASC's operating performance. It allows for a more accurate assessment of the company's profitability by excluding non-cash expenses and one-time charges. The net income from stockholders represents the profit attributed to the shareholders after all expenses and taxes are deducted. ASC's total revenue is the sum of all the income generated by the company during a specific period. It includes revenue from the transportation services as well as any other sources, such as chartering income or ancillary services. ASC's balance sheet provides a snapshot of the company's financial position at a given time. It includes the company's assets, liabilities, and stockholders' equity. The balance sheet shows ASC's cash equivalents, which are highly liquid assets that can be easily converted into cash. This metric indicates the company's liquidity and ability to meet its short-term obligations. Net debt represents the company's total debt minus its cash and cash equivalents. It measures ASC's financial leverage and ability to repay its debt obligations. Stockholders' equity is the residual interest in the assets of the company after deducting its liabilities. It represents the shareholders' ownership in the company and is an important measure of ASC's financial health. Total assets include all the resources owned by ASC, such as vessels, equipment, and cash. It reflects the company's investment in its operations and its ability to generate future cash flows. Total debt represents the company's outstanding debt, including long-term borrowings and current liabilities. It indicates ASC's reliance on debt financing. Total liabilities include all of ASC's obligations, both short-term and long-term, and provide a complete picture of the company's financial obligations. The cash flow statement shows the inflows and outflows of cash during a specific period. It includes cash flows from operating activities, investing activities, and financing activities. Operating cash flow represents the cash generated from the company's core operations, such as the revenue from transportation services. Investing cash flow reflects the company's investment in its assets, such as the purchase of vessels or equipment. Financing cash flow includes the cash flows related to the company's financing activities, such as debt repayments or issuance of new shares. Free cash flow is a measure of ASC's ability to generate cash after deducting capital expenditures necessary to maintain its fleet. It is an important metric that indicates the company's financial flexibility and ability to invest in growth opportunities.