Ardmore Shipping (Ardmore Shipping) Construction In Progress : $9.6 Mil (As of Dec. 2023)

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What is Ardmore Shipping Construction In Progress?

Ardmore Shipping's quarterly construction in progress declined from Jun. 2023 ($13.0 Mil) to Sep. 2023 ($11.2 Mil) and declined from Sep. 2023 ($11.2 Mil) to Dec. 2023 ($9.6 Mil).

Ardmore Shipping's annual construction in progress increased from Dec. 2021 ($2.0 Mil) to Dec. 2022 ($5.5 Mil) and increased from Dec. 2022 ($5.5 Mil) to Dec. 2023 ($9.6 Mil).

Ardmore Shipping Construction In Progress Historical Data

The historical data trend for Ardmore Shipping's Construction In Progress can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

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Ardmore Shipping Construction In Progress Chart

Ardmore Shipping Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Construction In Progress

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2.03

5.53

9.59

Ardmore Shipping Quarterly Data
	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23
Construction In Progress	Get a 7-Day Free Trial															5.53	8.17	13.03	11.20	9.59

Ardmore Shipping Construction In Progress Calculation

It records the cost of construction work, which is not yet completed (typically, applied to capital budget items). A construction in progress item is not depreciated until the asset is placed in service. Normally, upon completion, a construction in progress item is reclassified, and the reclassified asset is capitalized and depreciated.

Ardmore Shipping (Ardmore Shipping) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Transportation » Ardmore Shipping Corp (NYSE:ASC) » Definitions » Construction In Progress

Comparable Companies

Traded in Other Exchanges

A61:Germany A61:Germany

Address

69 Pitts Bay Road, Belvedere Building, Ground Floor, Pembroke, Hamilton, BMU, HM08

Website

https://www.ardmoreshipping.com

Ardmore Shipping Corp owns and operates a fleet of mid-size product and chemical tankers, which provide seaborne transportation of petroleum products and chemicals across the globe. The company is focused on fuel efficiency and cost leadership, and it provides its shipping services to customers through voyage charters, commercial pools, and time charters. Its main customers are oil majors, national oil companies, oil and chemical traders, and chemical companies.