Ardmore Shipping Corporation
Balance Sheet
| Line Item | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 |
|---|---|---|---|---|---|---|---|---|
| Assets | ||||||||
| Cash & Equivalents | $46.8M | $47.0M | $46.8M | $50.6M | $55.4M | $58.4M | $51.7M | $56.9M |
| Accounts Receivable | $47.5M | $60.9M | $56.2M | $79.8M | $20.3M | $17.8M | $30.1M | $27.5M |
| Inventory | $8.9M | $11.3M | $12.6M | $15.7M | $11.1M | $10.3M | $10.2M | $12.8M |
| Total Current Assets | $111.9M | $126.5M | $126.8M | $157.7M | $94.2M | $102.5M | $98.0M | $109.5M |
| Property, Plant & Equipment | $638.1M | $545.6M | $524.0M | $531.4M | $603.2M | $631.5M | $660.8M | $721.5M |
| Goodwill | — | — | — | — | — | — | — | — |
| Intangible Assets (Excl. Goodwill) | — | — | — | — | — | — | — | — |
| Total Assets | $788.7M | $704.8M | $691.0M | $723.9M | $724.5M | $752.0M | $772.4M | $844.8M |
| Liabilities | ||||||||
| Accounts Payable | $5.1M | $6.1M | $2.0M | $8.8M | $8.6M | $9.1M | $4.8M | $8.6M |
| Total Current Liabilities | $25.8M | $29.8M | $33.8M | $52.9M | $58.5M | $62.9M | $60.4M | $75.5M |
| Long-Term Debt | $127.0M | $38.8M | $39.6M | $115.9M | $130.0M | $188.1M | $187.1M | $205.5M |
| Total Liabilities | $154.4M | $69.4M | $116.5M | $217.4M | $395.5M | $431.7M | $446.4M | $498.2M |
| Stockholders' Equity | ||||||||
| Retained Earnings | $188.8M | $164.9M | $81.4M | $15.1M | $-119.9M | $-81.8M | $-75.8M | $-52.9M |
| Total Stockholders' Equity | $634.3M | $607.6M | $537.4M | $469.4M | $292.0M | $320.3M | $326.1M | $346.6M |