← Ardmore Shipping Corp
| Annual Trend | FY 2016 | FY 2017 | FY 2018 | FY 2019 | FY 2020 | FY 2021 | FY 2022 | FY 2023 | FY 2024 | FY 2025 | TTM | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Cash flows from operating activities: | ||||||||||||
| Adjustments to reconcile net income to net cash provided by operating activities: | ||||||||||||
| Net Income (Loss) Available to Common Stockholders, Basic | — | — | — | ($22.9m) |
($6.0m)
+73.55%
|
($38.1m)
-529.93%
|
$135.1m
+454.60%
|
$113.4m
-16.03%
|
$128.6m
+13.40%
|
$36.1m
-71.95%
|
— | |
| Net Income (Loss), Including Portion Attributable to Noncontrolling Interest | $3.7m | ($12.5m) | ($42.9m) | ($22.9m) | ($6.0m) | ($36.8m) | $138.5m | $116.8m | $133.0m | $41.0m | — | |
| Amortization of Debt Issuance Costs | $3.4m | $3.1m | $2.4m | $2.0m | $1.8m | $2.2m | $1.5m | $1.2m | $1.1m | $1.0m | — | |
| Depreciation | $30.1m | $34.3m | $35.1m | $32.3m | $32.2m | $31.7m | $29.3m | $27.8m | $30.2m | $33.8m | $36.8m | |
| Deferred Income Tax Expense (Benefit) | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | — | |
| Share-based Payment Arrangement, Noncash Expense | $1.3m | $457k | $1.6m | $2.3m | $3.0m | $2.6m | $3.1m | $3.2m | $4.7m | $2.8m | $2.7m | |
| Income (Loss) from Equity Method Investments | — | — | — | — | — | ($317k) | ($195k) | ($1.0m) | ($4.5m) | ($308k) | — | |
| Earnings (Loss)es From Equity Investments | — | — | — | — | — | — | $195k | $1.0m | $4.5m | $308k | $196k | |
| Changes in operating assets and liabilities: | ||||||||||||
| Change In Working Capital | — | — | — | — | — | — | ($56.0m) | $17.9m | $4.1m | $12.3m | ($5.7m) | |
| Increase (Decrease) in Accounts Receivable | ($3.0m) | $4.1m | $195k | $2.6m | ($12.3m) | $2.5m | $59.6m | ($23.6m) | $4.6m | ($13.3m) | ($2.2m) | |
| Change In Receivables | — | — | — | — | — | — | ($59.6m) | $23.6m | ($4.6m) | $13.3m | ($2.2m) | |
| Increase (Decrease) in Inventories | $3.4m | $2.3m | $3.2m | ($2.7m) | $115k | $821k | $4.6m | ($3.2m) | ($1.2m) | ($2.4m) | ($4.0m) | |
| Change In Inventory | — | — | — | — | — | — | ($4.6m) | $3.2m | $1.2m | $2.4m | ($4.0m) | |
| Change In Payables And Accrued Expense | — | — | — | — | — | — | $8.6m | ($3.5m) | $3.5m | ($3.4m) | $680k | |
| Change In Accrued Expense | — | — | — | — | — | — | $10.2m | $931k | ($572k) | ($2.4m) | ($2.3m) | |
| Net Cash Provided by (Used in) Operating Activities | $42.6m |
$18.4m
-56.80%
|
$9.4m
-48.81%
|
$20.5m
+117.17%
|
$46.1m
+125.17%
|
($2.9m)
-106.26%
|
$124.2m
+4404.67%
|
$159.6m
+28.50%
|
$160.4m
+0.52%
|
$81.6m
-49.11%
|
$126.3m
+54.72%
|
|
| Cash flows from investing activities: | ||||||||||||
| Gain (Loss) on Disposition of Property Plant Equipment | ($2.6m) | $0 | $0 | ($13.2m) | — | — | ($6.9m) | ($6.9m) | $12.3m | — | ($11.5m) | |
| Capital Expenditure | — | — | — | — | — | — | ($1.3m) | ($25.4m) | ($61.0m) | ($120.7m) | ($108.9m) | |
| Net Other Investing Changes | — | — | — | — | — | — | ($2.6m) | ($208k) | ($432k) | ($284k) | ($309k) | |
| Net Cash Provided by (Used in) Investing Activities | ($122.3m) | ($2.3m) | ($17.6m) | $23.9m | ($21.0m) | $1.6m | $35.4m | ($26.8m) | ($33.0m) | ($121.0m) | ($74.0m) | |
| Cash flows from financing activities: | ||||||||||||
| Gain (Loss) on Extinguishment of Debt | — | — | — | — | — | $569k | ($1.6m) | — | $1.4m | ($469k) | — | |
| Repayments of Long-term Debt | $42.2m | $62.7m | $184.3m | $222.2m | $18.0m | $66.9m | $148.2m | $84.0m | $1.7m | — | ($131.1m) | |
| Proceeds from Issuance of Long-term Debt | $110.0m | $11.1m | $3.9m | $201.5m | $20.4m | — | $131.9m | — | — | $179.5m | $135.9m | |
| Issuance Of Debt | — | — | — | — | — | — | $131.9m | $0 | $104.7m | $179.5m | $135.9m | |
| Long Term Debt Issuance | — | — | — | — | — | — | $131.9m | $0 | $104.7m | $179.5m | $135.9m | |
| Long Term Debt Payments | — | — | — | — | — | — | ($328.5m) | ($86.0m) | ($155.1m) | ($94.9m) | ($131.1m) | |
| Net Issuance Payments Of Debt | — | — | — | — | — | — | ($196.6m) | ($86.0m) | ($50.5m) | $84.6m | $4.7m | |
| Net Long Term Debt Issuance | — | — | — | — | — | — | ($196.6m) | ($86.0m) | ($50.5m) | $84.6m | $4.7m | |
| Repayment Of Debt | — | — | — | — | — | — | ($328.5m) | ($86.0m) | ($155.1m) | ($94.9m) | ($131.1m) | |
| Payments for Repurchase of Common Stock | $3.0m | $11.3m | $0 | $0 | $287k | — | — | — | $17.9m | — | — | |
| Payments of Ordinary Dividends, Common Stock | $9.3m | $0 | $0 | — | $1.7m | — | — | $47.2m | $45.1m | $12.2m | ($28.4m) | |
| Proceeds from Issuance of Common Stock | — | — | — | — | — | — | $38.9m | — | — | — | $0 | |
| Common Stock Dividend Paid | — | — | — | — | — | — | $0 | ($47.2m) | ($45.1m) | ($12.2m) | ($26.5m) | |
| Common Stock Issuance | — | — | — | — | — | $0 | $38.9m | $0 | $0 | — | $0 | |
| Common Stock Payments | — | — | — | — | — | — | $0 | $0 | ($17.9m) | $0 | $0 | |
| Issuance Of Capital Stock | — | — | — | — | — | $38.0m | $38.9m | $0 | $0 | — | $0 | |
| Net Common Stock Issuance | — | — | — | — | — | — | $38.9m | $0 | ($17.9m) | $0 | $0 | |
| Repurchase Of Capital Stock | — | — | — | — | — | — | $0 | $0 | ($27.9m) | ($30.0m) | ($30.0m) | |
| Dividends Payable | — | — | — | — | — | $500k | $100k | $600k | $400k | — | — | |
| Cash Dividends Paid | — | — | — | — | — | — | ($3.3m) | ($50.6m) | ($48.9m) | ($15.3m) | ($28.4m) | |
| Preferred Stock Dividend Paid | — | — | — | — | — | — | ($3.3m) | ($3.4m) | ($3.8m) | ($3.2m) | ($1.9m) | |
| Net Other Financing Charges | — | — | — | — | — | ($980k) | ($3.5m) | — | ($200k) | — | ($200k) | |
| Net Cash Provided by (Used in) Financing Activities | $95.5m |
($32.6m)
-134.16%
|
$25.6m
+178.38%
|
($49.5m)
-293.72%
|
($18.5m)
+62.74%
|
($1.7m)
+91.02%
|
($164.5m)
-9823.86%
|
($136.5m)
+17.00%
|
($127.3m)
+6.77%
|
$39.2m
+130.80%
|
($53.7m)
-236.83%
|
|
| Beginning Cash Position | — | — | — | — | — | — | $55.4m | $50.6m | $46.8m | $47.0m | $49.5m | |
| Cash, Cash Equivalents, Restricted Cash and Restricted Cash Equivalents | — | — | — | — | — | $55.4m | $50.6m | $46.8m | $47.0m | $46.8m | $48.1m | |
| Additional Supplementary Disclosures | ||||||||||||
| Additional Supplementary Disclosures | ||||||||||||
| Additional Financial Items | ||||||||||||
| Foreign Currency Transaction Gain (Loss), before Tax | — | — | $201k | $73k | ($109k) | $72k | ($2k) | ($52k) | — | — | — | |
| General and Administrative Expense | $14.1m | $0 | — | — | — | — | — | — | — | — | — | |
| Income Tax Expense (Benefit) | $60k | $60k | $163k | $59k | $199k | $150k | $207k | $435k | $215k | $241k | — | |
| Investment Income, Interest | $165k | $436k | $607k | $952k | $282k | $55k | $471k | $1.8m | $1.8m | $955k | — | |
| Operating Expenses | $140.4m | $187.4m | $219.8m | — | — | — | — | — | — | — | — | |
| Payments of Financing Costs | $6.0m | $827k | $3.7m | $2.3m | $220k | $980k | $3.5m | — | $200k | — | — | |
| Unrealized Gain (Loss) on Derivatives | — | — | — | — | ($114k) | $276k | $3.0m | ($262k) | $655k | $6k | — | |
| Cash Flow From Continuing Financing Activities | — | — | — | — | — | — | ($164.5m) | ($136.5m) | ($127.3m) | $39.2m | ($53.7m) | |
| Cash Flow From Continuing Investing Activities | — | — | — | — | — | — | $35.4m | ($26.8m) | ($33.0m) | ($121.0m) | ($74.0m) | |
| Change In Account Payable | — | — | — | — | — | — | ($1.6m) | ($4.4m) | $4.1m | ($1.0m) | $680k | |
| Change In Cash Supplemental As Reported | — | — | — | — | — | — | ($4.9m) | ($3.8m) | $183k | ($143k) | — | |
| Change In Interest Payable | — | — | — | — | — | ($157k) | $212k | $76k | ($407k) | — | $359k | |
| Change In Other Working Capital | — | — | — | — | — | — | ($850k) | ($873k) | $135k | $1.1m | $1.3m | |
| Change In Payable | — | — | — | — | — | — | ($1.6m) | ($4.4m) | $4.1m | ($1.0m) | $680k | |
| Change In Prepaid Assets | — | — | — | — | — | — | $381k | ($4.5m) | $3.9m | ($1.2m) | $806k | |
| Changes In Cash | — | — | — | — | — | — | ($4.9m) | ($3.8m) | $183k | ($143k) | ($1.3m) | |
| End Cash Position | — | — | — | — | — | — | $50.6m | $46.8m | $47.0m | $46.8m | $48.1m | |
| Financing Cash Flow | — | — | — | — | — | — | ($164.5m) |
($136.5m)
+17.00%
|
($127.3m)
+6.77%
|
$39.2m
+130.80%
|
($53.7m)
-236.83%
|
|
| Free Cash Flow | — | — | — | — | — | — | $122.9m | $134.2m | $99.4m | ($39.1m) | $17.5m | |
| Gain Loss On Investment Securities | — | — | — | — | — | — | ($3.0m) | $262k | ($655k) | ($6k) | ($6k) | |
| Gain Loss On Sale Of PPE | — | — | — | — | — | — | $6.9m | $0 | ($12.3m) | $0 | ($12.2m) | |
| Income Tax Paid Supplemental Data | — | — | — | — | — | $198k | $51k | $537k | — | — | $259k | |
| Interest Paid Supplemental Data | — | — | — | — | — | — | $17.3m | $8.0m | $4.5m | $5.1m | $7.1m | |
| Investing Cash Flow | — | — | — | — | — | — | $35.4m | ($26.8m) | ($33.0m) | ($121.0m) | ($74.0m) | |
| Net Business Purchase And Sale | — | — | — | — | — | — | ($588k) | ($1.2m) | $1.6m | $0 | $0 | |
| Net Foreign Currency Exchange Gain Loss | — | — | — | — | — | ($72k) | $2k | — | — | — | ($1.4m) | |
| Net PPE Purchase And Sale | — | — | — | — | — | — | $38.6m | ($25.4m) | ($34.2m) | ($120.7m) | ($73.7m) | |
| Net Preferred Stock Issuance | — | — | — | — | — | $38.0m | $0 | $0 | ($10.0m) | ($30.0m) | ($30.0m) | |
| Operating Gains Losses | — | — | — | — | — | — | $4.2m | $1.3m | ($8.5m) | $771k | ($11.5m) | |
| Other Non Cash Items | — | — | — | — | — | — | $5.3m | ($7.4m) | ($3.1m) | ($9.1m) | — | |
| Preferred Stock Payments | — | — | — | — | — | — | $0 | $0 | ($10.0m) | ($30.0m) | ($30.0m) | |
| Purchase Of Business | — | — | — | — | — | ($5.5m) | ($588k) | ($1.2m) | — | — | — | |
| Purchase Of PPE | — | — | — | — | — | — | ($1.3m) | ($25.4m) | ($61.0m) | ($120.7m) | ($108.9m) | |
| Sale Of PPE | — | — | — | — | — | — | $39.9m | $0 | $26.8m | $0 | $35.1m | |
| Stock Based Compensation | — | — | — | — | — | — | $3.1m | $3.2m | $4.7m | $2.8m | $2.7m |