Ardmore Shipping (ASC) - Net assets

Net assets on the balance sheet as of September 2024 : ₹57.47 Billion

According to Ardmore Shipping 's latest financial reports the company has ₹57.47 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	$₹41.90 B	71.14%
2021-12-31	$₹24.48 B	4.53%
2020-12-31	$₹23.42 B	0.76%
2019-12-31	$₹23.25 B	-4.05%
2018-12-31	$₹24.23 B	-0.38%
2017-12-31	$₹24.32 B	-11.45%
2016-12-31	$₹27.47 B	18.92%
2015-12-31	$₹23.10 B	11.4%
2014-12-31	$₹20.73 B	44.46%
2013-12-31	$₹14.35 B	141.88%
2012-12-31	$₹5.93 B	82.11%
2011-12-31	$₹3.25 B

Net assets for similar companies or competitors

Company	Net assets	differencediff.	Country
DHT Holdings DHT	₹89.64 B	55.97%	🇧🇲 Bermuda
SFL Corp SFL	₹98.63 B	71.62%	🇧🇲 Bermuda
Teekay Tankers TNK	₹151.02 B	162.78%	🇨🇦 Canada
Frontline FRO	₹203.21 B	253.59%	🇧🇲 Bermuda
Golar LNG GLNG	₹226.48 B	294.08%	🇧🇲 Bermuda
Teekay TK	₹173.40 B	201.71%	🇨🇦 Canada
Nordic American Tankers NAT	₹44.15 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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