Ardmore Shipping Corporation Defensive Interval Ratio

Latest as of June 2026: 881 days

Ardmore Shipping Corporation defensive interval ratio. Ardmore Shipping Corporation (A61) has a Defensive Interval Ratio of 881 days as of June 2026. Defensive assets of €55.03 Million (cash €-, short-term investments €-, receivables €55.03 Million) cover 881 days of daily cash needs of €62.45K/day. See Ardmore Shipping Corporation working capital to net assets to evaluate short-term liquidity relative to the company's equity base.

Defensive Interval Ratio

881 days
Days of operational coverage

Defensive Assets

€55.03 Million
Cash + ST Investments + Receivables

Daily Cash Need

€62.45K
Current Liabilities ÷ 365

Current Liabilities

€22.80 Million
EUR

Defensive Interval Ratio of Ardmore Shipping Corporation (2013–2025)

Defensive interval ratio of Ardmore Shipping Corporation from 2013 to 2025. This chart shows how Ardmore Shipping Corporation's Defensive Interval Ratio has evolved across 13 annual periods from 2013 to 2025. As of June 2026, the ratio stands at 881 days, meaning defensive assets of €55.03 Million can fund 881 days of operations without new revenue. Read A61 total liabilities for a breakdown of total debt and financial obligations.

Ardmore Shipping Corporation Defensive Interval Ratio by Year (2013–2025)

Ardmore Shipping Corporation defensive interval ratio by year from 2013 to 2025. The table below presents the year-by-year Defensive Interval Ratio for Ardmore Shipping Corporation from 2013 to 2025, covering 13 annual filings. Each row shows defensive assets, daily cash need, the DIR in days, and the change in days compared to the prior year. For the complete balance sheet picture, see A61 total assets.

Year DIR (days) Defensive Assets (EUR) Daily Cash Need Cash ST Investments Change (days)
2025 671 days €47.54 Million €70.81K/day €- €- ▼ -74 days
2024 745 days €60.87 Million €81.73K/day €- €- ▲ +138 days
2023 607 days €56.23 Million €92.71K/day €- €- ▲ +56 days
2022 551 days €79.84 Million €145.01K/day €- €- ▲ +424 days
2021 127 days €20.30 Million €160.27K/day €- €- ▲ +23 days
2020 103 days €17.81 Million €172.33K/day €- €- ▼ -78 days
2019 182 days €30.08 Million €165.56K/day €- €- ▲ +49 days
2018 133 days €27.46 Million €206.95K/day €- €- ▼ -38 days
2017 171 days €27.26 Million €159.61K/day €- €- ▲ +27 days
2016 144 days €23.23 Million €161.69K/day €- €- ▲ +6 days
2015 138 days €26.21 Million €190.02K/day €- €- ▲ +69 days
2014 69 days €5.62 Million €81.12K/day €- €- ▲ +46 days
2013 23 days €1.07 Million €46.70K/day €- €- —
DIR = (Cash + Short-term Investments + Net Receivables) / (Daily Cash Expenses)