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ASC (Ardmore Shipping) Capex-to-Operating-Income : 0.24 (As of Dec. 2024)


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What is Ardmore Shipping Capex-to-Operating-Income?

Capex-to-Operating-Income measures a company's investments in physical assets such as property, industrial buildings or equipment to its operating income.

Ardmore Shipping's Capital Expenditure for the three months ended in Dec. 2024 was $-2.96 Mil. Its Operating Income for the three months ended in Dec. 2024 was $12.41 Mil.

Hence, Ardmore Shipping's Capex-to-Operating-Income for the three months ended in Dec. 2024 was 0.24.


Ardmore Shipping Capex-to-Operating-Income Historical Data

The historical data trend for Ardmore Shipping's Capex-to-Operating-Income 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.

* Premium members only.

Ardmore Shipping Capex-to-Operating-Income Chart

Ardmore Shipping Annual Data
Trend Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24
Capex-to-Operating-Income
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.84 - 0.01 0.16 0.46

Ardmore Shipping Quarterly Data
Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24
Capex-to-Operating-Income Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 0.10 0.31 0.86 0.05 0.24

Competitive Comparison of Ardmore Shipping's Capex-to-Operating-Income

For the Marine Shipping subindustry, Ardmore Shipping's Capex-to-Operating-Income, along with its competitors' market caps and Capex-to-Operating-Income data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


Ardmore Shipping's Capex-to-Operating-Income Distribution in the Transportation Industry

For the Transportation industry and Industrials sector, Ardmore Shipping's Capex-to-Operating-Income distribution charts can be found below:

* The bar in red indicates where Ardmore Shipping's Capex-to-Operating-Income falls into.


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Ardmore Shipping Capex-to-Operating-Income Calculation

Ardmore Shipping's Capex-to-Operating-Income for the fiscal year that ended in Dec. 2024 is calculated as

Capex-to-Operating-Income=- Capital Expenditure / Operating Income
=- (-61.02) / 131.923
=0.46

Ardmore Shipping's Capex-to-Operating-Income for the quarter that ended in Dec. 2024 is calculated as

Capex-to-Operating-Income=- Capital Expenditure / Operating Income
=- (-2.964) / 12.413
=0.24

* 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.


Ardmore Shipping  (NYSE:ASC) Capex-to-Operating-Income Explanation

Capex-to-Operating-Income assesses how much emphasis a company is placing upon investing in capital-intensive projects. The ratio is generally a good gauge to quantify how much focus on growth a company has. Typically, smaller companies that are still growing and expanding will have a higher Capex to Operating Income Ratio, since such businesses are likely investing more in physical assets. Lower ratios could indicate that a company has reached maturity and it is no longer pursuing aggressive growth.


Ardmore Shipping Capex-to-Operating-Income Related Terms

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Ardmore Shipping Business Description

Traded in Other Exchanges
Address
7 Church Street, Dorchester House, Hamilton, BMU, HM11
Ardmore Shipping Corp provides seaborne transportation of petroleum products and chemicals world-wide to oil majors, national oil companies, oil and chemical traders, and chemical companies, with its modern, fuel-efficient fleet of mid-size product and chemical tankers. The Company operates its business in one operating segment, the transportation of refined petroleum products and chemicals.