Ardmore Total Current Assets from 2010 to 2026

ASC Stock  USD 12.40  0.14  1.14%   
Ardmore Shpng's Total Current Assets are increasing over the years with slightly volatile fluctuation. Total Current Assets are expected to dwindle to about 100.2 M. Total Current Assets is the total value of all assets that are expected to be converted into cash within one year or during the normal operating cycle. View All Fundamentals
 
Total Current Assets  
First Reported
2012-03-31
Previous Quarter
120.1 M
Current Value
116.2 M
Quarterly Volatility
35.5 M
 
Yuan Drop
 
Covid
 
Interest Hikes
Check Ardmore Shpng financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Ardmore Shpng's main balance sheet or income statement drivers, such as Depreciation And Amortization of 27.9 M, Interest Expense of 14.5 M or Selling General Administrative of 15.3 M, as well as many indicators such as Price To Sales Ratio of 2.41, Dividend Yield of 0.0913 or PTB Ratio of 0.91. Ardmore financial statements analysis is a perfect complement when working with Ardmore Shpng Valuation or Volatility modules.
  
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Check out the analysis of Ardmore Shpng Correlation against competitors.
For information on how to trade Ardmore Stock refer to our How to Trade Ardmore Stock guide.
Analyzing Ardmore Shpng's Total Current Assets over time reveals critical patterns in financial health and operational efficiency. This metric helps investors evaluate trends, identify inflection points, and make informed decisions based on historical performance. Understanding how Total Current Assets has evolved provides context for assessing Ardmore Shpng's current valuation and future prospects.

Latest Ardmore Shpng's Total Current Assets Growth Pattern

Below is the plot of the Total Current Assets of Ardmore Shpng over the last few years. It is the total value of all assets that are expected to be converted into cash within one year or during the normal operating cycle. Ardmore Shpng's Total Current Assets historical data analysis aims to capture in quantitative terms the overall pattern of either growth or decline in Ardmore Shpng's overall financial position and show how it may be relating to other accounts over time.
Total Current Assets10 Years Trend
Slightly volatile
   Total Current Assets   
       Timeline  

Ardmore Total Current Assets Regression Statistics

Arithmetic Mean90,224,605
Geometric Mean73,332,659
Coefficient Of Variation47.75
Mean Deviation32,674,148
Median98,019,295
Standard Deviation43,086,246
Sample Variance1856.4T
Range144.8M
R-Value0.83
Mean Square Error604.5T
R-Squared0.69
Significance0.000032
Slope7,111,620
Total Sum of Squares29702.8T

Ardmore Total Current Assets History

2026100.2 M
2025145.5 M
2024126.5 M
2023126.8 M
2022157.7 M
202194.2 M
2020102.5 M

About Ardmore Shpng Financial Statements

Ardmore Shpng stakeholders use historical fundamental indicators, such as Ardmore Shpng's Total Current Assets, to determine how well the company is positioned to perform in the future. Although Ardmore Shpng investors may analyze each financial statement separately, they are all interrelated. For example, changes in Ardmore Shpng's assets and liabilities are reflected in the revenues and expenses on Ardmore Shpng's income statement, which ultimately affect the company's gains or losses. Understanding these patterns can help in making the right long-term investment decisions in Ardmore Shpng. Please read more on our technical analysis and fundamental analysis pages.
Last ReportedProjected for Next Year
Total Current Assets145.5 M100.2 M

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Analyzing currently trending equities could be an opportunity to develop a better portfolio based on different market momentums that they can trigger. Utilizing the top trending stocks is also useful when creating a market-neutral strategy or pair trading technique involving a short or a long position in a currently trending equity.
When determining whether Ardmore Shpng offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Ardmore Shpng's financial statements, including income statements, balance sheets, and cash flow statements, to assess its financial health. Key financial ratios are used to gauge profitability, efficiency, and growth potential of Ardmore Shpng Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Ardmore Shpng Stock:
Check out the analysis of Ardmore Shpng Correlation against competitors.
For information on how to trade Ardmore Stock refer to our How to Trade Ardmore Stock guide.
You can also try the Risk-Return Analysis module to view associations between returns expected from investment and the risk you assume.
Will Oil & Gas Storage & Transportation sector continue expanding? Could Ardmore diversify its offerings? Factors like these will boost the valuation of Ardmore Shpng. If investors know Ardmore will grow in the future, the company's valuation will be higher. Accurate valuation requires analyzing both current fundamentals and future growth trajectories. Every Ardmore Shpng data point contributes insight, yet successful analysis hinges on identifying the most consequential variables.
Quarterly Earnings Growth
(0.46)
Dividend Share
0.3
Earnings Share
0.79
Revenue Per Share
7.571
Quarterly Revenue Growth
(0.15)
Investors evaluate Ardmore Shpng using market value (trading price) and book value (balance sheet equity), each telling a different story. Calculating Ardmore Shpng's intrinsic value—the estimated true worth—helps identify when the stock trades at a discount or premium to fair value. Seasoned market participants apply comprehensive analytical frameworks to derive fundamental worth and identify mispriced opportunities. External factors like market trends, sector rotation, and investor psychology can cause Ardmore Shpng's market price to deviate significantly from intrinsic value.
Understanding that Ardmore Shpng's value differs from its trading price is crucial, as each reflects different aspects of the company. Evaluating whether Ardmore Shpng represents a sound investment requires analyzing earnings trends, revenue growth, technical signals, industry dynamics, and expert forecasts. Conversely, Ardmore Shpng's market price signifies the transaction level at which participants voluntarily complete trades.