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Ardmore Shipping (STU:A61) Gross-Profit-to-Asset % : 19.84% (As of Sep. 2024)


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What is Ardmore Shipping Gross-Profit-to-Asset %?

Gross-Profit-to-Asset % is calculated as Gross Profit divided by its average Total Assets over a certain period of time. Ardmore Shipping's annualized Gross Profit for the quarter that ended in Sep. 2024 was €133.0 Mil. Ardmore Shipping's average Total Assets over the quarter that ended in Sep. 2024 was €670.3 Mil. Therefore, Ardmore Shipping's annualized Gross-Profit-to-Asset % for the quarter that ended in Sep. 2024 was 19.84%.


Ardmore Shipping Gross-Profit-to-Asset % Historical Data

The historical data trend for Ardmore Shipping's Gross-Profit-to-Asset % 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 Gross-Profit-to-Asset % Chart

Ardmore Shipping Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Gross-Profit-to-Asset %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 4.90 5.43 1.13 27.87 23.27

Ardmore Shipping Quarterly Data
Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24
Gross-Profit-to-Asset % 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 19.24 23.39 29.44 33.41 19.84

Competitive Comparison of Ardmore Shipping's Gross-Profit-to-Asset %

For the Marine Shipping subindustry, Ardmore Shipping's Gross-Profit-to-Asset %, along with its competitors' market caps and Gross-Profit-to-Asset % 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 Gross-Profit-to-Asset % Distribution in the Transportation Industry

For the Transportation industry and Industrials sector, Ardmore Shipping's Gross-Profit-to-Asset % distribution charts can be found below:

* The bar in red indicates where Ardmore Shipping's Gross-Profit-to-Asset % falls into.



Ardmore Shipping Gross-Profit-to-Asset % Calculation

Ardmore Shipping's annualized Gross-Profit-to-Asset % for the fiscal year that ended in Dec. 2023 is calculated as:

Gross-Profit-to-Asset %=Gross Profit (A: Dec. 2023 )/( (Total Assets (A: Dec. 2022 )+Total Assets (A: Dec. 2023 ))/ count )
=153.237/( (683.323+633.602)/ 2 )
=153.237/658.4625
=23.27 %

Ardmore Shipping's annualized Gross-Profit-to-Asset % for the quarter that ended in Sep. 2024 is calculated as:

Gross-Profit-to-Asset %=Gross Profit (Q: Sep. 2024 )/( (Total Assets (Q: Jun. 2024 )+Total Assets (Q: Sep. 2024 ))/ count )
=133.008/( (689.346+651.255)/ 2 )
=133.008/670.3005
=19.84 %

* 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.

In the calculation of annual Gross-Profit-to-Asset %, the Gross Profit of the last fiscal year and the average total assets over the fiscal year are used. In calculating the quarterly data, the Gross Profit data used here is four times the quarterly (Sep. 2024) data. Gross-Profit-to-Asset % is displayed in the 30-year financial page.


Ardmore Shipping Gross-Profit-to-Asset % Related Terms

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Ardmore Shipping Business Description

Traded in Other Exchanges
Address
69 Pitts Bay Road, Belvedere Building, Ground Floor, Pembroke, Hamilton, BMU, HM08
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.

Ardmore Shipping Headlines

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