Ardmore Shipping Corporation ROIC

ROIC of ASC for past 10 years: annual, quarterly and twelve month trailing (TTM) including ROIC growth rates and interactive chart. Return on invested capital (ROIC) is a calculation used to assess a company's efficiency at allocating the capital under its control to profitable investments. Calculated as Net Operating Profit After Tax or EBIT*(1-tax rate) divided by average invested capital. Invested capital is calculated as equity plus long-term and short-term debt minus cash and short-term investments. ROIC is often compared to the Weighted average cost of capital (WACC). If it's above it, it is said the company is creating value, if it's below it's destroying it. A company with after tax operating profit of $10 million and invested capital of $50 million will have a ROIC of 20%.


Highlights and Quick Summary

  • Annual ROIC for 2020 was 1.73% (a 19.31% increase from previous year)
  • Annual ROIC for 2019 was 1.45% (a -283.54% decrease from previous year)
  • Annual ROIC for 2018 was -0.79% (a -217.91% decrease from previous year)
  • Twelve month ROIC ending March 30, 2021 was 0.19% (a -89.02% decrease compared to previous quarter)
  • Twelve month trailing ROIC decreased by -94.63% year-over-year
Trailing ROIC for the last four month:
30 Mar '21 30 Dec '20 29 Sep '20 29 Jun '20
0.19% 1.73% 3.28% 3.54%
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Historical ROIC of Ardmore Shipping Corporation

Most recent ROICof ASC including historical data for past 10 years.

Interactive Chart of ROIC of Ardmore Shipping Corporation

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

Year Q1 Q2 Q3 Q4 Fiscal Year
2020 1.73%
2019 1.45%
2018 -0.79%
2017 0.67%
2016 1.85%
2015 3.98%
2014 0.74%
2013 -0.07%
2012 -0.6%
2011 0.05%

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.