Ardmore Shipping (FRA:A61) Interest Coverage: 29.63 (As of Jun. 2026) — 427% Above Median

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FRA:A61 Ardmore Shipping Corp FRA:A61
75 GF Score
Price €14.12
GF Value €11.06
Valuation Modestly Overvalued
! 3 Warning Signs
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What is Ardmore Shipping Interest Coverage?

Ardmore Shipping FRA:A61 -3.88% 75 Interest Coverage is 29.63 as of Jun. 2026, which is 427% above its 10-year median of 5.62. GuruFocus rates FRA:A61 with a GF Score™ of 75/100 and a GF Value™ of €11.06 (Modestly Overvalued). The stock has 3 warning signs investors should review. Among 840 Transportation companies, Ardmore Shipping ranks better than 75.24% on this metric.

Interest Coverage is a ratio that determines how easily a company can pay interest expenses on outstanding debt. It is calculated by dividing a company's Operating Income by its Interest Expense. Ardmore Shipping's Operating Income for the three months ended in Jun. 2026 was €44.7 Mil. Ardmore Shipping's Interest Expense for the three months ended in Jun. 2026 was €-1.5 Mil. Ardmore Shipping's interest coverage for the quarter that ended in Jun. 2026 was 29.63. The higher the ratio, the stronger the company's financial strength is.

The historical rank and industry rank for Ardmore Shipping's Interest Coverage or its related term are showing as below:

FRA:A61' s Interest Coverage Range Over the Past 10 Years
Min: 0.64   Med: 5.62   Max: 23.39
Current: 16.08


FRA:A61's Interest Coverage is ranked better than
75.24% of 840 companies
in the Transportation industry
Industry Median: 5.655 vs FRA:A61: 16.08

Note: If both Interest Expense and Interest Income are empty, while Net Interest Income is negative, then use Net Interest Income as Interest Expense.


Ardmore Shipping  (FRA:A61) Interest Coverage Explanation

Ben Graham requires that a company has a minimum interest coverage of 5 with the companies he invested. If the interest coverage is less than 2, the company is burdened by debt. Any business slow or recession may drag the company into a situation where it cannot pay the interest on its debt.

Interest Coverage is an important factor when GuruFocus ranks a company's overage Financial Strength .


Ardmore Shipping Interest Coverage Related Terms


Ardmore Shipping Interest Coverage Historical Data

* Premium members only.

The historical data trend for Ardmore Shipping's Interest Coverage 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.

Note: For Interest Coverage, "No debt" indicates no long-term debt. An indication of "No Debt" does not necessarily mean that the company has no long-term debt obligations; it could be due to missing data in the quarterly or annual report. Use caution when interpreting this information.

Ardmore Shipping Interest Coverage Chart

Ardmore Shipping Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Interest Coverage
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.00 9.36 11.20 23.39 10.33

Ardmore Shipping Quarterly Data
Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26 Jun26
Interest Coverage 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 11.25 9.57 11.72 13.13 29.63

FRA:A61 vs SB, ESEA, PANL: Interest Coverage Comparison

For the Marine Shipping subindustry, Ardmore Shipping's Interest Coverage, along with its competitors' market caps and Interest Coverage 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 Interest Coverage vs Transportation Industry

For the Transportation industry and Industrials sector, Ardmore Shipping's Interest Coverage distribution charts can be found below:

* The bar in red indicates where Ardmore Shipping's Interest Coverage falls into.


FRA:A61
75GF Score
Ardmore Shipping Corp FRA:A61
Interest Coverage is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Ardmore Shipping Interest Coverage Calculation

Interest Coverage is a ratio that determines how easily a company can pay interest expenses on outstanding debt. It is calculated by dividing a company's Operating Income (EBIT) by its Interest Expense:

If Interest Expense is negative and Operating Income is positive, then

Interest Coverage=-1* Operating Income /Interest Expense

Else if Interest Expense is negative and Operating Income is negative, then

The company did not have earnings to cover the interest expense.

Else if Interest Expense is 0 and Long-Term Debt & Capital Lease Obligation is 0, then

The company had no debt (1).


Note: If both Interest Expense and Interest Income are empty, while Net Interest Income is negative, then use Net Interest Income as Interest Expense.

Ardmore Shipping's Interest Coverage for the fiscal year that ended in Dec. 2025 is calculated as

Here, for the fiscal year that ended in Dec. 2025, Ardmore Shipping's Interest Expense was €-4.4 Mil. Its Operating Income was €45.0 Mil. And its Long-Term Debt & Capital Lease Obligation was €109.5 Mil.

Interest Coverage=-1* Operating Income (A: Dec. 2025 )/Interest Expense (A: Dec. 2025 )
=-1*45.041/-4.36
=10.33

Ardmore Shipping's Interest Coverage for the quarter that ended in Jun. 2026 is calculated as

Here, for the three months ended in Jun. 2026, Ardmore Shipping's Interest Expense was €-1.5 Mil. Its Operating Income was €44.7 Mil. And its Long-Term Debt & Capital Lease Obligation was €29.9 Mil.

Interest Coverage=-1* Operating Income (Q: Jun. 2026 )/Interest Expense (Q: Jun. 2026 )
=-1*44.711/-1.509
=29.63

* 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.

The higher the ratio, the stronger the company's Financial Strength is.

Frequently Asked Questions Learn more about Interest Coverage →
What does a Interest Coverage of 29.63 mean?
Ardmore Shipping (FRA:A61) has a Interest Coverage of 29.63 as of Jun. 2026. Interest Coverage measures a company's capability to pay interest expenses on its debt. View historical data on Ardmore Shipping and its competitors. This is 427% above median its historical median of 5.62. Over the past decade, Ardmore Shipping's Interest Coverage has ranged from 0.64 to 23.39. According to the industry distribution chart, Ardmore Shipping ranks #208 out of 840 companies in the Transportation industry, placing it in the top 24.8%.
Is Ardmore Shipping's Interest Coverage too high?
Ardmore Shipping's current Interest Coverage of 29.63 is 427% above median its 10-year median of 5.62. Over the past 10 years, this metric has ranged from a low of 0.64 to a high of 23.39. The Transportation industry median Interest Coverage is 5.66. Ardmore Shipping's value of 29.63 is 424% above this industry median. Based on the distribution chart, Ardmore Shipping ranks #208 out of 840 companies in the Transportation industry, which is in the top quartile — a strong position relative to peers. Overall, Ardmore Shipping has a GF Score™ of 75/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Ardmore Shipping's Interest Coverage compare to SB and ESEA?
According to the Transportation industry distribution chart, Ardmore Shipping ranks #208 out of 840 companies for Interest Coverage. This places Ardmore Shipping in the top 25% of its industry — outperforming the majority of peers. The industry median Interest Coverage is 5.66. Ardmore Shipping's value of 29.63 is 424% above this benchmark. Historically, Ardmore Shipping's own Interest Coverage has ranged from 0.64 to 23.39 over the past decade. While the company's 10-year median is 5.62 vs. the industry median of 5.66, Ardmore Shipping has consistently been above the industry average. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Interest Coverage for a Transportation company?
The median Interest Coverage among Transportation companies is 5.66, based on 840 companies in the industry. Companies in the top quartile (top 25%) have a Interest Coverage significantly above this median, while those in the bottom quartile fall well below. However, Interest Coverage should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Ardmore Shipping's current Interest Coverage of 29.63 is 424% above the industry median. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Interest Coverage mean?
A high Interest Coverage can signal that a stock is expensive relative to its fundamentals. Interest Coverage measures a company's capability to pay interest expenses on its debt. View historical data on Ardmore Shipping and its competitors. For the Transportation industry, the median Interest Coverage is 5.66 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Ardmore Shipping's current Interest Coverage is 29.63, which is 427% above median its own 10-year median of 5.62. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Ardmore Shipping stock overvalued right now?
Based on GuruFocus' analysis, Ardmore Shipping (FRA:A61) is currently considered Modestly Overvalued. The stock's GF Value™ is €11.06, compared to a current price of €14.12 — trading 27.7% above its estimated fair value. The current Interest Coverage is 29.63, which is 427% above median its 10-year median of 5.62 and 424% above the Transportation industry median of 5.66. Ardmore Shipping's overall GF Score™ is 75/100 with 3 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Interest Coverage calculated?
Interest Coverage is calculated from a company's financial statements. For Ardmore Shipping (FRA:A61), the current Interest Coverage is 29.63 as of Jun. 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Is Ardmore Shipping (FRA:A61) Overvalued in 2026?

Based on GuruFocus' analysis, Ardmore Shipping stock appears to be overvalued. The current stock price of €14.12 is trading 27.7% above its estimated GF Value™ of €11.06. GuruFocus considers Ardmore Shipping to be Modestly Overvalued.

Key valuation signals for FRA:A61:

  • Interest Coverage: 29.63 (427% above median its 10-year median of 5.62)
  • GF Value™: €11.06 vs. price of €14.12 (27.7% above fair value)
  • GF Score™: 75/100 with 3 warning signs
  • Industry Position: 424% above the Transportation median (#208 of 840)

No single metric tells the full story. See the FRA:A61 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Ardmore Shipping Business Description

Other Exchanges ASC:USAA61:Germany
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 markets its services directly to its customers and commercial pool operators and charters its vessels to them through a combination of spot, commercial pooling, and time-charter arrangements. The majority of its revenue is generated from spot voyages, which typically last less than three months.
75GF Score

Get the complete analysis for FRA:A61

Interest Coverage is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

€14.12
Price
€11.06
GF Value