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Year on year Ardmore Shipping Corp 's revenues fell -11.16%from 445.74m to 395.98m. In addition, the company has been unable to reduce the cost of goods sold, selling, general and administrative expenses and interest paid (all as a percentage of sales). This has contributed to a -15.63% reduction in net income from 138.45m to 116.81m.
Gross margin | 54.27% |
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Net profit margin | 36.29% |
Operating margin | 34.97% |
Return on assets | 21.77% |
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Return on equity | 26.17% |
Return on investment | 23.07% |
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Cash flow in USDView more
In 2023, cash reserves at Ardmore Shipping Corp fell by 3.76m. However, the company earned 159.61m from its operations for a Cash Flow Margin of 40.31%. In addition the company used 26.84m on investing activities and also paid 136.54m in financing cash flows.
Cash flow per share | 4.27 |
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Price/Cash flow per share | 2.78 |
Book value per share | 15.81 |
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Tangible book value per share | 15.81 |
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Balance sheet in USDView more
Current ratio | 3.57 |
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Quick ratio | 3.26 |
Total debt/total equity | 0.0339 |
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Total debt/total capital | 0.0328 |
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