Ardmore Shipping (ASC) - Total debt

Total debt on the balance sheet as of December 2024 : $44.23 Million USD

According to Ardmore Shipping 's latest financial reports the company's total debt is $44.23 Million USD. A company’s total debt is the sum of all current and non-current debts.

Ardmore Shipping - Total debt on balance sheet (from 2012 to 2024)

Total debt by year

Year	Total debt	Change
2024-12-31	$44.23 M	-52.93%
2023-12-31	$93.98 M	-49.09%
2022-12-31	$0.18 B	-50.44%
2021-12-31	$0.37 B	-9.07%
2020-12-31	$0.40 B	-3.47%
2019-12-31	$0.42 B	-10.04%
2018-12-31	$0.47 B	5.57%
2017-12-31	$0.44 B	-3.34%
2016-12-31	$0.46 B	11.4%
2015-12-31	$0.41 B	84.53%
2014-12-31	$0.22 B	88.62%
2013-12-31	$0.11 B	77.7%
2012-12-31	$67.1 M	-30.01%
2011-12-31	$95.86 M

Total debt for similar companies or competitors

Company	Total debt/th>	differencediff.	Country
DHT Holdings DHT	$0.41 B	828.66%	🇧🇲 Bermuda
SFL Corp SFL	$2.83 B	6,318.74%	🇧🇲 Bermuda
Teekay Tankers TNK	$62.28 M	40.81%	🇨🇦 Canada
Frontline FRO	$3.79 B	8,469.12%	🇧🇲 Bermuda
Golar LNG Partners GMLP	N/A	N/A	🇧🇲 Bermuda
Golar LNG GLNG	$1.43 B	3,132.61%	🇧🇲 Bermuda
Teekay TK	$65.55 M	48.19%	🇨🇦 Canada
Nordic American Tankers NAT	$0.27 B	527.86%	🇧🇲 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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