Ardmore Shipping (ASC) - Net assets

Net assets on the balance sheet as of September 2024 : €0.63 Billion

According to Ardmore Shipping 's latest financial reports the company has €0.63 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	$€0.47 B	62.52%
2021-12-31	$€0.29 B	11.54%
2020-12-31	$€0.26 B	-10.52%
2019-12-31	$€0.29 B	-3.93%
2018-12-31	$€0.30 B	-4.58%
2017-12-31	$€0.31 B	-17.39%
2016-12-31	$€0.38 B	20.89%
2015-12-31	$€0.31 B	18.17%
2014-12-31	$€0.26 B	59.9%
2013-12-31	$€0.16 B	105.33%
2012-12-31	$€81.94 M	72.74%
2011-12-31	$€47.43 M

Net assets for similar companies or competitors

Company	Net assets	differencediff.	Country
DHT Holdings DHT	€0.99 B	57.03%	🇧🇲 Bermuda
SFL Corp SFL	€1.08 B	71.62%	🇧🇲 Bermuda
Teekay Tankers TNK	€1.66 B	162.78%	🇨🇦 Canada
Frontline FRO	€2.31 B	265.31%	🇧🇲 Bermuda
Golar LNG GLNG	€2.54 B	301.18%	🇧🇲 Bermuda
Teekay TK	€1.91 B	201.71%	🇨🇦 Canada
Nordic American Tankers NAT	€0.50 B	-20.81%	🇧🇲 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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