Ardmore Shipping Corporation EBITDA 2011-2025 | ASC

Earnings before Interest, Taxes, Depreciation, and Amortization (EBITDA), is an often used measure of a company's profitability. Financial analysts use EBITDA for a number of purposes including calculating simple valuations of a firm, estimating cash flows, and assessing debt servicing capability. The uses for EBITDA in financial analysis are numerous, but in practice should be more restrained. While EBITDA has some useful applications, it should be used with caution, as the problems with EBITDA are abundant and can lead to a number of misguided conclusions.^[1]

EBITDA is an important indicator for investors and analysts because it allows them to evaluate a company's operating profit without considering the impact of financial expenses, taxes, or non-cash depreciation and amortization. It provides better comparability between companies in different industries or with different tax conditions.

EBITDA is often used to assess a company's ability to generate cash flow and repay debts. It can also serve as a measure of a company's operational efficiency, as it shows how profitable the core business is, regardless of external factors such as interest or taxes.

However, it is important to note that EBITDA is not an official financial statement measure and can be defined and calculated differently by companies. Therefore, investors and analysts should exercise caution when using EBITDA as an evaluation tool and combine it with other financial metrics and information to get a more complete picture of a company's financial condition.

Annual EBITDA Ardmore Shipping Corporation

2024	2023	2022	2021	2020	2019	2018	2017	2016	2015	2014	2013	2012	2011
-	-	-	31.7 M	32.2 M	32.3 M	25.5 M	42.8 M	26.9 M	46.6 M	7.95 M	1.07 M	-1.09 M	5.46 M

All numbers in USD currency

Indicator range from annual reports

Maximum	Minimum	Average
46.6 M	-1.09 M	22.8 M

Quarterly EBITDA Ardmore Shipping Corporation

2022-Q4	2022-Q3	2022-Q2	2022-Q1	2021-Q4	2021-Q3	2021-Q2	2021-Q1	2020-Q4	2020-Q3	2020-Q2	2020-Q1	2019-Q4	2019-Q3	2019-Q2	2019-Q1	2018-Q4	2018-Q3	2018-Q2	2018-Q1	2017-Q4	2017-Q3	2017-Q2	2017-Q1	2016-Q4	2016-Q3	2016-Q2	2016-Q1	2015-Q4	2015-Q3	2015-Q2	2015-Q1	2014-Q4	2014-Q3	2014-Q2	2014-Q1	2013-Q4	2013-Q3	2013-Q2	2013-Q1	2012-Q4	2012-Q3	2012-Q2	2012-Q1	2011-Q4	2011-Q3	2011-Q2	2011-Q1
-	-	-	7.79 K	-	7.98 M	7.91 M	7.81 K	-	8.12 M	7.95 M	7.85 M	-	8.03 M	8.03 M	12.4 M	-	2.92 M	6.73 M	9.1 M	-	9.3 M	12.3 M	11.1 M	-	9.42 M	16.2 M	18.2 M	-	24.1 M	16.2 M	11.6 M	-	5.26 M	4.5 M	-	-	-	-	-	-	-	-	-	-	-	-	-

All numbers in USD currency

Indicator range from quarterly reporting

Maximum	Minimum	Average
24.1 M	7.79 K	9.38 M

References

Brockman, C. M., & Russell, J. W. (2012). EBITDA: use it... or lose it?. International Journal of Business, Accounting and Finance, 6(2), 84-93.

EBITDA of other stocks in the Marine shipping industry

Issuer	EBITDA	Price	% 24h	Market Cap	Country
Eagle Bulk Shipping EGLE	98.2 M	-	-2.29 %	$ 678 M	USA
Genco Shipping & Trading Limited GNK	156 M	$ 18.86	-0.11 %	$ 812 M	USA
Diana Shipping DSX	103 M	$ 1.88	-2.34 %	$ 218 M	Greece
Huntington Ingalls Industries HII	861 M	$ 308.18	0.49 %	$ 12.1 B	USA
EuroDry Ltd. EDRY	46.5 M	$ 13.12	4.58 %	$ 35.8 M	Greece
Kirby Corporation KEX	639 M	$ 113.69	-0.05 %	$ 6.59 B	USA
Matson MATX	687 M	$ 111.41	-0.38 %	$ 3.75 B	USA
Danaos Corporation DAC	689 M	$ 96.35	-0.1 %	$ 1.86 B	Greece
Eneti NETI	78.8 M	-	-	$ 431 M	Monaco
Navios Maritime Partners L.P. NMM	113 M	$ 54.5	1.11 %	$ 1.57 B	Greece
Castor Maritime CTRM	36.5 M	$ 1.93	-1.05 %	$ 18.6 M	Cyprus
Pangaea Logistics Solutions, Ltd. PANL	40.7 M	$ 7.01	-0.78 %	$ 314 M	USA
Capital Product Partners L.P. CPLP	277 M	-	2.13 %	$ 355 B	Greece
Navios Maritime Containers L.P. NMCI	55.8 M	-	-	$ 300 M	Monaco
StealthGas GASS	6.11 M	$ 6.8	-0.15 %	$ 240 M	Greece
Globus Maritime Limited GLBS	17.9 M	$ 1.58	14.57 %	$ 13.3 B	Greece
Grindrod Shipping Holdings Ltd. GRIN	62 M	$ 27.02	0.04 %	$ 163 M	Singapore
Flex LNG Ltd. FLNG	271 M	$ 25.42	0.93 %	$ 1.39 B	Bermuda
Costamare CMRE	626 M	$ 15.81	1.84 %	$ 1.89 B	Greece
International Seaways INSW	605 M	$ 51.67	0.19 %	$ 2.55 B	USA
Euroseas Ltd. ESEA	52.9 M	$ 61.65	1.94 %	$ 428 M	Greece
Nordic American Tankers Limited NAT	-76.1 M	$ 3.69	1.23 %	$ 772 M	Bermuda
Performance Shipping PSHG	55.2 M	$ 2.37	-0.84 %	$ 29.3 M	Greece
KNOT Offshore Partners LP KNOP	173 M	$ 9.99	0.15 %	$ 338 M	Britain
Pyxis Tankers PXS	-3.61 M	$ 2.96	0.68 %	$ 31.2 M	Greece
Safe Bulkers SB	244 M	$ 5.3	1.15 %	$ 570 M	Monaco
Star Bulk Carriers Corp. SBLK	892 M	$ 19.83	-0.9 %	$ 2.12 B	Greece
Seanergy Maritime Holdings Corp. SHIP	83.1 M	$ 10.55	0.57 %	$ 208 M	Greece
SEACOR Marine Holdings SMHI	41.2 M	$ 6.64	-6.08 %	$ 184 M	USA
Navios Maritime Holdings NM	61.2 M	-	0.22 %	$ 51.7 M	Monaco
Top Ships TOPS	22.5 M	-	-1.67 %	$ 22.3 M	Greece