Ardmore Historical Income Statement

ASC Stock  USD 11.47  0.37  3.12%   
Historical analysis of Ardmore Shpng income statement accounts such as Interest Expense of 15.3 M, Selling General Administrative of 14.8 M or Total Revenue of 200 M can show how well Ardmore Shpng performed in making a profits. Evaluating Ardmore Shpng income statement over time to spot trends is a great complementary tool to traditional technical analysis and can indicate the direction of Ardmore Shpng's future profits or losses.
 
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Financial Statement Analysis is much more than just reviewing and examining Ardmore Shpng latest accounting reports to predict its past. Macroaxis encourages investors to analyze financial statements over time for various trends across multiple indicators and accounts to determine whether Ardmore Shpng is a good buy for the upcoming year.
  
Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Ardmore Shpng. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in state.
For information on how to trade Ardmore Stock refer to our How to Trade Ardmore Stock guide.

About Ardmore Income Statement Analysis

Ardmore Shpng Income Statement consists of revenues and expenses along with the resulting net income or loss. It represents the profit for the accounting period attributable to Ardmore Shpng shareholders. The income statement also shows Ardmore investors and management if the firm made money during the period reported. The result of an income statement is the net income that is calculated after subtracting the expenses from revenue. It is essential to investors both as an absolute measure as well as earnings per share (i.e., EPS).

Ardmore Shpng Income Statement Chart

At present, Ardmore Shpng's Operating Income is projected to increase significantly based on the last few years of reporting. The current year's EBIT is expected to grow to about 136.5 M, whereas Depreciation And Amortization is forecasted to decline to about 27.7 M.

Total Revenue

Total revenue comprises all receipts Ardmore Shpng generated from the sale of its products or services. The total amount of income generated by the sale of goods or services related to the company's primary operations.

Gross Profit

Gross profit is a required income statement account that reflects total revenue of Ardmore Shpng minus its cost of goods sold. It is profit before Ardmore Shpng operating expenses, interest payments and taxes. Gross profit is also known as gross margin. The profit a company makes after deducting the costs associated with making and selling its products, or the costs associated with providing its services.

Other Operating Expenses

Other Operating Expenses is the expense which generally does not depend on sales or production quantities of Ardmore Shpng. It is also known as Ardmore Shpng overhead expenses. Typically these expenses include marketing, rent and utilities, office, leases, and other overhead cost. Expenses incurred from non-core business activities, including administrative and general expenses, but excluding costs directly related to production.

Interest Income

Income earned from the investment of cash or from lending money to others, including interest from bank accounts, bonds, or other interest-bearing investments.
Most accounts from Ardmore Shpng's income statement are interrelated and interconnected. However, analyzing income statement accounts one by one will only give a small insight into Ardmore Shpng current financial condition. On the other hand, looking into the entire matrix of income statement accounts, and analyzing their relationships over time can provide a more complete picture of the company financial strength now and in the future. Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Ardmore Shpng. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in state.
For information on how to trade Ardmore Stock refer to our How to Trade Ardmore Stock guide.At present, Ardmore Shpng's Operating Income is projected to increase significantly based on the last few years of reporting. The current year's EBIT is expected to grow to about 136.5 M, whereas Depreciation And Amortization is forecasted to decline to about 27.7 M.
 2021 2022 2023 2024 (projected)
Interest Expense16.8M15.5M11.4M15.3M
Depreciation And Amortization36.9M33.4M27.8M27.7M

Ardmore Shpng income statement Correlations

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0.760.590.930.890.930.710.720.820.880.280.62-0.820.620.660.610.56-0.020.27-0.640.68
0.60.490.760.890.760.750.780.840.670.390.68-0.710.680.530.650.43-0.060.22-0.510.62
0.920.810.980.930.760.50.50.640.870.480.36-0.750.360.590.360.450.150.04-0.530.44
0.260.080.520.710.750.51.00.980.76-0.210.98-0.760.980.820.980.82-0.420.73-0.880.9
0.260.080.520.720.780.51.00.980.73-0.190.98-0.750.980.770.980.76-0.380.69-0.840.89
0.440.260.670.820.840.640.980.980.83-0.040.93-0.80.930.810.930.77-0.320.62-0.860.85
0.720.550.870.880.670.870.760.730.830.080.65-0.850.650.850.670.78-0.130.44-0.850.69
0.670.820.440.280.390.48-0.21-0.19-0.040.08-0.35-0.04-0.35-0.12-0.35-0.260.45-0.650.28-0.36
0.11-0.10.390.620.680.360.980.980.930.65-0.35-0.671.00.740.990.75-0.490.79-0.830.88
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0.11-0.10.390.620.680.360.980.980.930.65-0.351.0-0.670.730.990.75-0.490.79-0.820.88
0.450.260.590.660.530.590.820.770.810.85-0.120.74-0.690.730.780.98-0.50.7-0.90.75
0.12-0.090.390.610.650.360.980.980.930.67-0.350.99-0.670.990.780.81-0.510.81-0.860.9
0.290.110.460.560.430.450.820.760.770.78-0.260.75-0.640.750.980.81-0.560.76-0.90.77
0.180.480.08-0.02-0.060.15-0.42-0.38-0.32-0.130.45-0.490.17-0.49-0.5-0.51-0.56-0.770.48-0.27
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-0.35-0.15-0.57-0.64-0.51-0.53-0.88-0.84-0.86-0.850.28-0.830.83-0.82-0.9-0.86-0.90.48-0.74-0.77
0.13-0.020.450.680.620.440.90.890.850.69-0.360.88-0.650.880.750.90.77-0.270.7-0.77
Click cells to compare fundamentals

Ardmore Shpng Account Relationship Matchups

Ardmore Shpng income statement Accounts

201920202021202220232024 (projected)
Depreciation And Amortization32.3M38.4M36.9M33.4M27.8M27.7M
Interest Expense26.8M18.2M16.8M15.5M11.4M15.3M
Selling General Administrative18.1M17.9M19.2M24.1M20.6M14.8M
Total Revenue230.0M220.1M192.5M445.7M396.0M200.0M
Gross Profit101.7M99.1M4.4M195.5M153.4M86.5M
Other Operating Expenses213.9M201.5M212.4M286.3M240.0M166.0M
Operating Income17.1M18.9M(19.9M)159.9M155.9M163.7M
Ebit17.1M12.2M(25.0M)154.4M130.0M136.5M
Ebitda49.4M50.6M11.8M187.8M157.8M165.7M
Cost Of Revenue128.4M121.0M188.0M250.2M242.6M254.7M
Total Operating Expenses85.5M80.5M24.4M36.1M25.2M24.0M
Income Before Tax(22.8M)(5.8M)(36.4M)138.9M118.3M124.2M
Total Other Income Expense Net(39.9M)(24.7M)(16.5M)(49.9M)(37.7M)(35.8M)
Net Income(22.9M)(6.0M)(36.5M)138.5M116.8M122.6M
Income Tax Expense58.8K199.4K149.6K207K435K456.8K
Net Income From Continuing Ops(22.9M)(6.0M)(36.8M)138.5M143.7M150.9M
Net Income Applicable To Common Shares(22.9M)(6.0M)(38.1M)135.1M155.3M163.1M
Tax Provision58.8K199.4K149.6K207K482K506.1K
Interest Income25.3M281.6K16.7M15.1M4.9M4.7M
Net Interest Income(25.4M)(17.9M)(16.7M)(15.1M)(9.2M)(9.7M)
Reconciled Depreciation32.3M32.2M31.7M29.3M27.9M25.5M

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Analyzing currently trending equities could be an opportunity to develop a better portfolio based on different market momentums that they can trigger. Utilizing the top trending stocks is also useful when creating a market-neutral strategy or pair trading technique involving a short or a long position in a currently trending equity.
When determining whether Ardmore Shpng offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Ardmore Shpng's financial statements, including income statements, balance sheets, and cash flow statements, to assess its financial health. Key financial ratios are used to gauge profitability, efficiency, and growth potential of Ardmore Shpng Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Ardmore Shpng Stock:
Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Ardmore Shpng. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in state.
For information on how to trade Ardmore Stock refer to our How to Trade Ardmore Stock guide.
You can also try the Investing Opportunities module to build portfolios using our predefined set of ideas and optimize them against your investing preferences.
Is Oil & Gas Storage & Transportation space expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Ardmore Shpng. If investors know Ardmore will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Ardmore Shpng listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth
0.122
Dividend Share
1.08
Earnings Share
3.55
Revenue Per Share
10.166
Quarterly Revenue Growth
0.106
The market value of Ardmore Shpng is measured differently than its book value, which is the value of Ardmore that is recorded on the company's balance sheet. Investors also form their own opinion of Ardmore Shpng's value that differs from its market value or its book value, called intrinsic value, which is Ardmore Shpng's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Ardmore Shpng's market value can be influenced by many factors that don't directly affect Ardmore Shpng's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Ardmore Shpng's value and its price as these two are different measures arrived at by different means. Investors typically determine if Ardmore Shpng is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Ardmore Shpng's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.