Ardmore Shipping Corporation

NYSE ASC

Ardmore Shipping Corporation Return on Capital Employed (ROCE) for the year ending December 31, 2023: 19.79%

Ardmore Shipping Corporation Return on Capital Employed (ROCE) is 19.79% for the year ending December 31, 2023, a -14.01% change year over year. Return on capital employed assesses profitability against invested capital; higher ROCE signals efficient capital use.

Ardmore Shipping Corporation Return on Capital Employed (ROCE) for the year ending December 31, 2022 was 23.01%, a 712.09% change year over year.
Ardmore Shipping Corporation Return on Capital Employed (ROCE) for the year ending December 31, 2021 was -3.76%, a -311.63% change year over year.
Ardmore Shipping Corporation Return on Capital Employed (ROCE) for the year ending December 31, 2020 was 1.78%, a 269.80% change year over year.
Ardmore Shipping Corporation Return on Capital Employed (ROCE) for the year ending December 31, 2019 was 0.48%.

Key data

Date	Return on Capital Employed (ROCE)	Interest Coverage Ratio	Debt to Equity Ratio	Return on Common Equity

NYSE: ASC

Ardmore Shipping Corporation

CEO	Mr. Gernot Ruppelt
IPO Date	Aug. 1, 2013
Location	Bermuda
Headquarters	Belvedere Building
Employees	56
Sector	Industrials
Industries Maritime Shipping Container Shipping Petrochemicals

Description

Ardmore Shipping Corporation engages in the seaborne transportation of petroleum products and chemicals worldwide. As of February 15, 2022, the company operated a fleet of 25 double-hulled product and chemical tankers. It serves oil majors, oil companies, oil and chemical traders, chemical companies, and pooling service providers. The company was founded in 2010 and is based in Pembroke, Bermuda.

Key trends

Past 5 years