Ardmore Shipping Corporation Accrued Expenses

Accrued Expenses of ASC for past 10 years: annual, quarterly and twelve month trailing (TTM) including Accrued Expenses growth rates and interactive chart. Accrued expense is expense which has been incurred but not yet paid. Expense must be recorded in the accounting period in which it is incurred. Therefore, accrued expense must be recognized in the accounting period in which it occurs rather than in the following period in which it will be paid.


Highlights and Quick Summary

  • Accrued Expenses for the quarter ending June 29, 2021 was $11 Million (a -7.06% decrease compared to previous quarter)
  • Year-over-year quarterly Accrued Expenses increased by 5.67%
  • Annual Accrued Expenses for 2020 was $12 Million (a -30.04% decrease from previous year)
  • Annual Accrued Expenses for 2019 was $17.2 Million (a -3.51% decrease from previous year)
  • Annual Accrued Expenses for 2018 was $17.8 Million (a 1056.16% increase from previous year)
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Historical Accrued Expenses of Ardmore Shipping Corporation

Most recent Accrued Expensesof ASC including historical data for past 10 years.

Interactive Chart of Accrued Expenses of Ardmore Shipping Corporation

Ardmore Shipping Corporation Accrued Expenses for the past 10 Years (both Annual and Quarterly)

(All values are in $ million)

Year Q1 Q2 Q3 Q4 Fiscal Year
2021 $10.96 $11.79
2020 $12.0 $10.37 $12.15 $12.32 $12.0
2019 $17.16 $1.7 $1.96 $1.75 $17.16
2018 $17.78 $1.79 $1.75 $1.61 $17.78
2017 $1.54 $1.92 $1.91 $2.02 $1.54
2016 $2.07 $1.9 $1.3 $2.13 $2.07
2015 $1.75 $1.49 $1.31 $1.03 $1.75
2014 $0.88 $0.9 $0.71 $0.73 $0.88
2013 $0.56 $0.58 $0.59 $0.56
2012 $0.5
2011 $0.48

Business Profile of Ardmore Shipping Corporation

Sector: Industrials
Industry: Marine Shipping
Ardmore Shipping Corporation engages in the seaborne transportation of petroleum products and chemicals worldwide. As of February 15, 2021, the company operated a fleet of 25 double-hulled product and chemical tankers. It serves oil majors, oil companies, oil and chemical traders, chemical companies, and pooling service providers. The company was founded in 2010 and is based in Pembroke, Bermuda.