Ardmore Shipping Corporation
Ardmore Shipping Corporation engages in the seaborne transportation of petroleum products and chemicals worldwide. The company's fleet consists of 26 vessels, including 22 owned Eco-design vessels and four chartered-in vessels. It serves oil majors, oil companies, oil and chemical traders, chemical companies, and pooling service providers. Ardmore Shipping Corporation was founded in 2010 and is h… Read more
Ardmore Shipping Corporation (A61) - Cash Flow Conversion Efficiency
Latest cash flow conversion efficiency as of September 2025: 0.027x
Based on the latest financial reports, Ardmore Shipping Corporation (A61) has a cash flow conversion efficiency ratio of 0.027x as of September 2025.
Cash flow conversion efficiency measures how effectively a company's net assets (equity) generate operating cash flow. It is calculated by dividing operating cash flow (€17.94 Million) by net assets (€655.95 Million). A higher ratio indicates that the company is more efficient at using its equity to generate cash flow from its core operations.
Ardmore Shipping Corporation - Cash Flow Conversion Efficiency Trend (2013–2024)
This chart illustrates how Ardmore Shipping Corporation's cash flow conversion efficiency has evolved over time, based on yearly financial data. Explore and compare other companies by cash flow conversion efficiency.
Ardmore Shipping Corporation Competitors by Cash Flow Conversion Efficiency
The table below lists competitors of Ardmore Shipping Corporation ranked by their cash flow conversion efficiency.
| Company | Cash Flow Conversion Efficiency |
|---|---|
|
Atom Hoteles Socimi
MC:YATO
|
0.044x |
|
Quick Intelligent Equipment Co Ltd
SHG:603203
|
0.038x |
|
Century Plyboards (India) Limited
NSE:CENTURYPLY
|
-0.001x |
|
SP GROUP AS NAM. DK 2
F:1PU2
|
N/A |
|
Shenzhen Nanshan Power Co Ltd
SHE:000037
|
0.010x |
|
FONDUL PRO.GDR REGS LN-85
F:FP4G
|
N/A |
|
OBiO Technology (Shanghai) Corp. Ltd. A
SHG:688238
|
N/A |
|
DAILY JOURNAL CORP.DL-01
F:DJ1
|
N/A |
Annual Cash Flow Conversion Efficiency for Ardmore Shipping Corporation (2013–2024)
The table below shows the annual cash flow conversion efficiency of Ardmore Shipping Corporation from 2013 to 2024.
| Year | Net Assets | Operating Cash Flow | Cash Flow Conversion Efficiency | Change |
|---|---|---|---|---|
| 2024-12-31 | €635.42 Million | €160.44 Million | 0.253x | -28.05% |
| 2023-12-31 | €574.44 Million | €201.61 Million | 0.351x | +43.10% |
| 2022-12-31 | €506.44 Million | €124.21 Million | 0.245x | -35.04% |
| 2021-12-31 | €329.00 Million | €124.21 Million | 0.378x | -2.63% |
| 2020-12-31 | €320.33 Million | €124.21 Million | 0.388x | +517.57% |
| 2019-12-31 | €326.06 Million | €20.47 Million | 0.063x | +130.84% |
| 2018-12-31 | €346.58 Million | €9.43 Million | 0.027x | -43.74% |
| 2017-12-31 | €380.97 Million | €18.42 Million | 0.048x | -54.16% |
| 2016-12-31 | €404.27 Million | €42.63 Million | 0.105x | -2.66% |
| 2015-12-31 | €347.61 Million | €37.66 Million | 0.108x | +185.39% |
| 2014-12-31 | €327.20 Million | €12.42 Million | 0.038x | +8.63% |
| 2013-12-31 | €232.36 Million | €8.12 Million | 0.035x | -- |