Ardmore Shipping (ASC) - Net assets

Net assets on the balance sheet as of September 2024 : $0.66 Billion USD

According to Ardmore Shipping 's latest financial reports the company has $0.66 Billion USD in net assets.
A company’s net assets is the sum of its assets minus the sum of its liabilities.

Ardmore Shipping - Net assets on balance sheet (from 2012 to 2024)

Net assets by year

Year	Net assets	Change
2023-12-31	$$0.57 B	13.43%
2022-12-31	$$0.50 B	53.94%
2021-12-31	$$0.32 B	2.7%
2020-12-31	$$0.32 B	-1.75%
2019-12-31	$$0.32 B	-5.92%
2018-12-31	$$0.34 B	-9.03%
2017-12-31	$$0.38 B	-5.76%
2016-12-31	$$0.40 B	16.3%
2015-12-31	$$0.34 B	6.24%
2014-12-31	$$0.32 B	40.82%
2013-12-31	$$0.23 B	114.37%
2012-12-31	$$0.10 B	75.95%
2011-12-31	$$61.6 M

Net assets for similar companies or competitors

Company	Net assets	differencediff.	Country
DHT Holdings DHT	$1.03 B	55.97%	🇧🇲 Bermuda
SFL Corp SFL	$1.13 B	71.62%	🇧🇲 Bermuda
Teekay Tankers TNK	$1.74 B	162.78%	🇨🇦 Canada
Frontline FRO	$2.34 B	253.59%	🇧🇲 Bermuda
Golar LNG GLNG	$2.61 B	294.08%	🇧🇲 Bermuda
Teekay TK	$2.00 B	201.71%	🇨🇦 Canada
Nordic American Tankers NAT	$0.51 B	-23.18%	🇧🇲 Bermuda

What is the market capitalization of a company?

The market capitalization sometimes referred as Marketcap, is the value of a publicly listed company.
In most cases it can be easily calculated by multiplying the share price with the amount of outstanding shares.

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