Ardmore Shipping (ASC) - Cash on Hand

Cash on Hand as of September 2024 : $47.57 Million USD

According to Ardmore Shipping 's latest financial reports the company has $47.57 Million USD in cash and cash equivalents.
A company’s cash on hand also refered as cash/cash equivalents (CCE) and Short-term investments, is the amount of accessible money a business has.

Ardmore Shipping - Cash on Hand chart (from 2012 to 2024)

Cash on Hand by year

Year	Cash on Hand	Change
2022-12-31	$50.56 M	-8.8%
2021-12-31	$55.44 M	-5%
2020-12-31	$58.36 M	12.84%
2019-12-31	$51.72 M	-9.1%
2018-12-31	$56.9 M	44.21%
2017-12-31	$39.45 M	-29.48%
2016-12-31	$55.95 M	39.5%
2015-12-31	$40.1 M	-33.02%
2014-12-31	$59.87 M	5.31%
2013-12-31	$56.86 M	270.81%
2012-12-31	$15.33 M	180.83%
2011-12-31	$5.46 M

Cash on Hand for similar companies or competitors

Company	Cash on Hand	differencediff.	Country
DHT Holdings DHT	$72.64 M	52.69%	🇧🇲 Bermuda
SFL Corp SFL	$0.20 B	332.00%	🇧🇲 Bermuda
Teekay Tankers TNK	$0.46 B	872.91%	🇨🇦 Canada
Frontline FRO	$0.36 B	672.45%	🇧🇲 Bermuda
Golar LNG Partners GMLP	N/A	N/A	🇧🇲 Bermuda
Golar LNG GLNG	$0.52 B	1,008.99%	🇧🇲 Bermuda
Teekay TK	$0.74 B	1,463.73%	🇨🇦 Canada
Nordic American Tankers NAT	$40.75 M	-14.33%	🇧🇲 Bermuda

What is the market capitalization of a company?

The market capitalization sometimes referred as Marketcap, is the value of a publicly listed company.
In most cases it can be easily calculated by multiplying the share price with the amount of outstanding shares.

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