Ardmore Shipping Corporation (ASC) quarterly cash flow statement — complete operating, investing & financing history
Ardmore Shipping Corporation (ASC) cash flow statement — 15-year operating, investing & financing cash flows
| Metric | Q3'26 | Q2'26 | Q1'26 | Q4'25 | Q3'25 | Q2'25 | Q1'25 | Q4'24 | Q3'24 | Q2'24 | Q1'24 | Q4'23 | Q3'23 | Q2'23 | Q1'23 | Q4'22 | Q3'22 | Q2'22 | Q1'22 | Q4'21 |
|---|
| Cash from Operations | 21.8M | 52.5M | 29.41M | 26.21M | 19.05M | 12.68M | 26.26M | 22.98M | 39.88M | 48.41M | 49.18M | 18.74M | 41.97M | 42.08M | 56.82M | 60.74M | 54.59M | 14.55M | -5.67M | -578.98K |
| Operating CF Margin % | 24.85% | 45.17% | 33.45% | 31.62% | 23.45% | 17.6% | 35.48% | 28.01% | 41.49% | 39.9% | 46.26% | 18.96% | 48.27% | 45.77% | 48.06% | 45.73% | 38.33% | 13.58% | -8.95% | -1.1% |
| Operating CF Growth % | 14.44% | 314.03% | 11.99% | 14.09% | -52.24% | -73.81% | -46.61% | 22.59% | -4.97% | 15.05% | -13.45% | -69.14% | -23.13% | 189.27% | 1101.62% | 10591.11% | 2229.21% | 918.63% | -410.62% | 34.57% |
| Net Income | 16.35M | 60.51M | 23.58M | 12.38M | 12.79M | 9.6M | 6.25M | 6.93M | 24.14M | 62.69M | 39.24M | 27.01M | 21.2M | 24.51M | 44.09M | 53.94M | 61.83M | 29.69M | -7M | -7.92M |
| Depreciation & Amortization | 14.49M | 10.86M | 9.38M | 11.3M | 10.38M | 9.15M | 7.65M | 7.83M | 7.83M | 7.61M | 6.97M | 7.13M | 6.93M | 6.81M | 6.94M | 7.25M | 7.25M | 6.98M | 8.99M | 8.01M |
| Stock-Based Compensation | 628K | 0 | 531K | 0 | 0 | 0 | 647K | 1.05M | 1.9M | 873K | 826K | 816K | 816K | 856K | 729K | 703K | 1.11M | 675K | 0 | 789.85K |
| Deferred Taxes | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 145K | 0 | 0 | 0 | 0 | 0 | 0 | 83.27K |
| Other Non-Cash Items | -3.72M | -12.79M | 687K | 291K | -4.55M | -1.57M | -163K | 4.42M | -445K | -15.42M | -37K | -4.82M | -1.87M | 460K | -64K | 3.08M | -1.65M | 897K | 6.49M | 743.68K |
| Working Capital Changes | -5.95M | -6.09M | -4.78M | 2.25M | 439.68K | -4.5M | 11.87M | 2.74M | 6.45M | -7.34M | 2.18M | -11.4M | 14.75M | 9.44M | 5.13M | -4.22M | -13.95M | -23.7M | -14.15M | -2.29M |
| Change in Receivables | -11.3M | -2.22M | -5.24M | 6.04M | -762.15K | -4.73M | 13.13M | 4.36M | 10.09M | -14.82M | -4.11M | -5.44M | 13.7M | 5.88M | 10.9M | -59.56M | -13.55M | -23.5M | -7.32M | -3.47M |
| Change in Inventory | -330K | -910.61K | -4.13M | 1.09M | 2.41K | 1.24M | 118K | 239.4K | 1.63M | -1.27M | 624K | 2.34M | -677K | 319K | 1.18M | 3.46M | -541K | -3.55M | -3.99M | -827.57K |
| Change in Payables | 2.01M | -5.97M | 6.42M | 0 | -1.47M | -2.55M | 1.27M | -1.29M | -4.67M | 6.89M | 3.01M | -4.26M | 114K | 3.18M | -3.45M | -468K | 749K | 181K | -2.07M | 1.3M |
| Cash from Investing | -18.02M | 33.95M | -1.73M | -1.96M | -109.29M | -11.65M | -3.58M | -3.09M | -1.3M | -15.13M | -13.45M | -8.19M | -6.47M | -5.99M | -6.18M | -2.25M | 24.41M | 13.53M | -279K | -931.84K |
| Capital Expenditures | -18.86M | -1.08M | -1.66M | -1.94M | -109.29M | -11.65M | -2.38M | -2.96M | -1.26M | -43.58M | -13.22M | -7.95M | -6.19M | -8.69M | -2.56M | -2.01M | -1.57M | -23K | -39K | -489.58K |
| CapEx % of Revenue | 21.5% | 0.93% | 1.89% | 2.34% | 134.52% | 16.17% | 3.22% | 3.61% | 1.31% | 35.92% | 12.43% | 8.04% | 7.12% | 9.45% | 2.16% | 1.52% | 1.1% | 0.02% | 0.06% | 0.93% |
| Acquisitions | 699.9K | 35.03M | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 1.65M | 0 | -102K | -267K | -125K | -750K | -225K | -125K | -125K | 73K | -428.77K |
| Investments | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - |
| Other Investing | 139.1K | 0 | -66K | -27K | 0 | 0 | -1.2M | -128K | -35K | 26.79M | -233K | -139K | -16K | 2.82M | -2.88M | -10K | 26.1M | 13.68M | -200K | -13.49K |
| Cash from Financing | -4.44M | -85.52M | -27.31M | -24.46M | 87.72M | 1.1M | -22.22M | -20.47M | -38.41M | -34.5M | -33.91M | -14.51M | -35.71M | -37.66M | -48.66M | -58.55M | -73.76M | -35.94M | 3.75M | 2.48M |
| Debt Issued (Net) | 28.13M | -69.67M | -23.64M | 10.86M | 87.49M | 4.54M | -18.34M | -74.48M | -21.66M | -20.71M | -24.18M | -7.04M | -26.81M | -22.4M | -29.51M | -57.52M | -91.74M | -51.85M | 4.49M | -11.09M |
| Equity Issued (Net) | 0 | 0 | 0 | 0 | 0 | 0 | 0 | -27.55M | 0 | 0 | 0 | 0 | 0 | 0 | 0 | -68K | 22.23M | 0 | 0 | 14.06M |
| Dividends Paid | -32.27M | -15.85M | -3.67M | -5.32M | -3.69M | -2.91M | -3.88M | -8.81M | -16.75M | -13.79M | -9.53M | -7.46M | -8.73M | -15.26M | -19.14M | -900.64K | -848K | -838K | -742K | -535.6K |
| Share Repurchases | 0 | 0 | 0 | 0 | 0 | 0 | 0 | -27.55M | 0 | 0 | 0 | 0 | 0 | 0 | 0 | -68K | 0 | 0 | 0 | 0 |
| Other Financing | -291.29K | 0 | 0 | -30M | 3.92M | -532.32K | 0 | 90.37M | 0 | 0 | -200K | 0 | -215K | 0 | 0 | -100K | -3.4M | 16.75M | 0 | 50.52K |
| Net Change in Cash | -657K | 924K | 369K | -212K | -2.42M | 2.03M | 459K | -586K | 178K | -1.23M | 1.82M | -3.96M | -214K | -1.58M | 1.98M | -53K | 5.24M | -7.86M | -2.2M | 972.24K |
| Free Cash Flow | 2.94M | 51.44M | 27.74M | 24.28M | -90.04M | 1.06M | 23.87M | 20.01M | 38.62M | 4.83M | 35.96M | 10.79M | 35.78M | 33.39M | 54.27M | 58.73M | 53.02M | 14.52M | 0 | -1.07M |
| FCF Margin % | 3.35% | 44.26% | 31.56% | 29.28% | -110.83% | 1.47% | 32.26% | 24.39% | 40.18% | 3.98% | 33.83% | 10.91% | 41.16% | 36.32% | 45.9% | 44.21% | 37.23% | 13.56% | - | -2.04% |
| FCF Growth % | 103.27% | 4755.34% | 16.21% | 21.31% | -333.16% | -78.07% | -33.62% | 85.46% | 7.93% | -85.53% | -33.73% | -81.63% | -32.52% | 129.9% | - | 5595.91% | 1617.95% | 1729.09% | 100% | 45.88% |
| FCF per Share | 0.07 | 1.26 | 0.68 | 0.59 | -2.21 | 0.03 | 0.59 | 0.48 | 0.91 | 0.12 | 0.86 | 0.26 | 0.86 | 0.80 | 1.30 | 1.42 | 1.32 | 0.41 | - | -0.03 |
| FCF Conversion (FCF/Net Income) | 1.33x | 0.87x | 1.25x | 2.12x | 1.49x | 1.32x | 4.20x | 3.31x | 1.65x | 0.77x | 1.25x | 0.69x | 1.98x | 1.72x | 1.29x | 1.13x | 0.88x | 0.49x | 0.81x | 0.07x |
| Interest Paid | 4.26M | 0 | 0 | 0 | 1.27M | 0 | 0 | 0 | 1.06M | 1.95M | 2.33M | 2.02M | 0 | 3.22M | 3.34M | 3.88M | 5.1M | 4.66M | 0 | 3.84M |
| Taxes Paid | 13K | 0 | 0 | 0 | 36K | 0 | 0 | 0 | 20K | 70K | 0 | 169K | 0 | 367K | 1K | 14K | 0 | 37K | 0 | 85.22K |