Ardmore Shipping Corporation Capital Expenditures

Capital Expenditures of ASC for past 10 years: annual, quarterly and twelve month trailing (TTM) including Capital Expenditures growth rates and interactive chart. Capital expenditures, commonly known as Capex, are funds used by a company to acquire, upgrade, and maintain physical or intangible assets such as property, buildings, an industrial plant, technology, software or equipment. Capex is often used to undertake new projects or investments by the firm. A company must invest over its lifetime into productive assets to maintain its competitiveness and ensure its survival.


Highlights and Quick Summary

  • Capital Expenditures for the quarter ending September 29, 2020 was $-18.7 Million (a 2911.2% increase compared to previous quarter)
  • Year-over-year quarterly Capital Expenditures increased by 8348.24%
  • Annual Capital Expenditures for 2019 was $24.1 Million (a -238.72% decrease from previous year)
  • Annual Capital Expenditures for 2018 was $-17.4 Million (a 4409.59% increase from previous year)
  • Annual Capital Expenditures for 2017 was $-385 Thousand (a -99.68% decrease from previous year)
  • Twelve month Capital Expenditures ending September 29, 2020 was $-20.1 Million (a 712.77% increase compared to previous quarter)
  • Twelve month trailing Capital Expenditures decreased by -183.64% year-over-year
Trailing Capital Expenditures for the last four month:
29 Sep '20 29 Jun '20 30 Mar '20 30 Dec '19
$-20.1 Million $-2.48 Million $6.8 Million $24.1 Million
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Historical Capital Expenditures of Ardmore Shipping Corporation

Most recent Capital Expendituresof ASC including historical data for past 10 years.

Interactive Chart of Capital Expenditures of Ardmore Shipping Corporation

Ardmore Shipping Corporation Capital Expenditures for the past 10 Years (both Annual and Quarterly)

(All values are in $ million)

Year Q1 Q2 Q3 Q4 Fiscal Year
2020 $-18.69 $-0.62 $-0.61
2019 $-0.22 $-1.03 $8.65 $16.67 $24.07
2018 $-0.74 $-1.3 $-0.01 $-15.31 $-17.35
2017 $0.06 $-0.27 $-0.03 $-0.14 $-0.38
2016 $-13.47 $-145.27 $37.66 $-0.8 $-121.89
2015 $-40.41 $-44.86 $-52.87 $-94.35 $-232.5
2014 $-21.28 $-56.73 $-53.49 $-78.19 $-209.69
2013 $-16.45 $-60.77 $-24.36 $-42.99 $-144.57
2012 $-4.83 $-8.33 $-14.89
2011 $-56.79 $-56.8

Business Profile of Ardmore Shipping Corporation

Sector: Industrials
Industry: Marine Shipping
Ardmore Shipping Corporation, together with its subsidiaries, engages in the seaborne transportation of petroleum products and chemicals worldwide. As of August 30, 2019, the company operated a fleet of 25 double-hulled product and chemical tankers. It serves oil majors, oil companies, oil and chemical traders, and chemical companies. The company was founded in 2010 and is based in Pembroke, Bermuda.