Ardmore Shipping (ASC) - Net assets

Net assets on the balance sheet as of September 2024 : C$0.95 Billion

According to Ardmore Shipping 's latest financial reports the company has C$0.95 Billion 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
2022-12-31	$C$0.68 B	63.9%
2021-12-31	$C$0.41 B	2.65%
2020-12-31	$C$0.40 B	-4.09%
2019-12-31	$C$0.42 B	-9.8%
2018-12-31	$C$0.47 B	-1.43%
2017-12-31	$C$0.47 B	-11.84%
2016-12-31	$C$0.54 B	12.67%
2015-12-31	$C$0.48 B	26.99%
2014-12-31	$C$0.37 B	53.51%
2013-12-31	$C$0.24 B	129.48%
2012-12-31	$C$0.10 B	72%
2011-12-31	$C$62.66 M

Net assets for similar companies or competitors

Company	Net assets	differencediff.	Country
DHT Holdings DHT	C$1.48 B	55.97%	🇧🇲 Bermuda
SFL Corp SFL	C$1.63 B	71.62%	🇧🇲 Bermuda
Teekay Tankers TNK	C$2.50 B	162.78%	🇨🇦 Canada
Frontline FRO	C$3.37 B	253.59%	🇧🇲 Bermuda
Golar LNG GLNG	C$3.75 B	294.08%	🇧🇲 Bermuda
Teekay TK	C$2.87 B	201.71%	🇨🇦 Canada
Nordic American Tankers NAT	C$0.73 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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