Ardmore Shipping (ASC) - Total debt

Total debt on the balance sheet as of December 2024 : ₹3.81 Billion

According to Ardmore Shipping 's latest financial reports the company's total debt is ₹3.81 Billion. A company’s total debt is the sum of all current and non-current debts.

Ardmore Shipping - Total debt on balance sheet (from 2012 to 2024)

Total debt by year

Year	Total debt	Change
2024-12-31	₹3.79 B	-51.5%
2023-12-31	₹7.82 B	-48.79%
2022-12-31	₹15.27 B	-44.9%
2021-12-31	₹27.72 B	-7.46%
2020-12-31	₹29.96 B	-1%
2019-12-31	₹30.26 B	-8.25%
2018-12-31	₹32.98 B	15.61%
2017-12-31	₹28.53 B	-9.17%
2016-12-31	₹31.41 B	13.92%
2015-12-31	₹27.57 B	93.49%
2014-12-31	₹14.25 B	93.49%
2013-12-31	₹7.36 B	100.51%
2012-12-31	₹3.67 B	-27.55%
2011-12-31	₹5.07 B

Total debt for similar companies or competitors

Company	Total debt/th>	differencediff.	Country
DHT Holdings DHT	₹35.39 B	828.66%	🇧🇲 Bermuda
SFL Corp SFL	₹244.64 B	6,318.74%	🇧🇲 Bermuda
Teekay Tankers TNK	₹5.36 B	40.81%	🇨🇦 Canada
Frontline FRO	₹326.60 B	8,469.12%	🇧🇲 Bermuda
Golar LNG Partners GMLP	N/A	N/A	🇧🇲 Bermuda
Golar LNG GLNG	₹125.70 B	3,198.08%	🇧🇲 Bermuda
Teekay TK	₹5.64 B	48.19%	🇨🇦 Canada
Nordic American Tankers NAT	₹23.93 B	527.86%	🇧🇲 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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