Ardmore Shipping Corporation (A61) — Defensive Interval Ratio

Latest as of December 2025: 671 days

Ardmore Shipping Corporation (A61) has a Defensive Interval Ratio of 671 days as of December 2025. Defensive assets of €47.54 Million (cash €-, short-term investments €-, receivables €47.54 Million) cover 671 days of daily cash needs of €70.81K/day. Check Ardmore Shipping Corporation tangible equity quality to evaluate the tangible quality of the company's equity base.

Defensive Interval Ratio

671 days
Days of operational coverage

Defensive Assets

€47.54 Million
Cash + ST Investments + Receivables

Daily Cash Need

€70.81K
Current Liabilities ÷ 365

Current Liabilities

€25.85 Million
EUR

Ardmore Shipping Corporation Defensive Interval Ratio (2013–2025)

This chart shows how Ardmore Shipping Corporation's Defensive Interval Ratio has evolved across 13 annual periods from 2013 to 2025. As of December 2025, the ratio stands at 671 days, meaning defensive assets of €47.54 Million can fund 671 days of operations without new revenue. Also explore Ardmore Shipping Corporation net asset momentum to track the company's year-over-year net asset growth rate.

Annual Defensive Interval Ratio for Ardmore Shipping Corporation (2013–2025)

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 live market cap and the full company financial profile, see A61 market cap.

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)