Ardmore Shpng Stock Total Asset

ASC Stock  USD 11.16  0.06  0.53%   
Ardmore Shpng fundamentals help investors to digest information that contributes to Ardmore Shpng's financial success or failures. It also enables traders to predict the movement of Ardmore Stock. The fundamental analysis module provides a way to measure Ardmore Shpng's intrinsic value by examining its available economic and financial indicators, including the cash flow records, the balance sheet account changes, the income statement patterns, and various microeconomic indicators and financial ratios related to Ardmore Shpng stock.
Last ReportedProjected for Next Year
Total Assets691 M701.1 M
The current year's Total Assets is expected to grow to about 701.1 M.
  
This module does not cover all equities due to inconsistencies in global equity categorizations. Continue to Equity Screeners to view more equity screening tools.

Ardmore Shpng Company Total Asset Analysis

Ardmore Shpng's Total Asset is everything that a business owns. It is the sum of current and long-term assets owned by a firm at a given time. These assets are listed on a balance sheet and typically valued based on their purchasing prices, not the current market value.

Total Asset

 = 

Tangible Assets

+

Intangible Assets

More About Total Asset | All Equity Analysis

Current Ardmore Shpng Total Asset

    
  690.95 M  
Most of Ardmore Shpng's fundamental indicators, such as Total Asset, are part of a valuation analysis module that helps investors searching for stocks that are currently trading at higher or lower prices than their real value. If the real value is higher than the market price, Ardmore Shpng is considered to be undervalued, and we provide a buy recommendation. Otherwise, we render a sell signal.

Ardmore Total Asset Driver Correlations

Understanding the fundamental principles of building solid financial models for Ardmore Shpng is extremely important. It helps to project a fair market value of Ardmore Stock properly, considering its historical fundamentals such as Total Asset. Since Ardmore Shpng's main accounts across its financial reports are all linked and dependent on each other, it is essential to analyze all possible correlations between related accounts. However, instead of reviewing all of Ardmore Shpng's historical financial statements, investors can examine the correlated drivers to determine its overall health. This can be effectively done using a conventional correlation matrix of Ardmore Shpng's interrelated accounts and indicators.
0.830.470.72-0.110.650.630.570.80.850.430.920.990.680.27-0.88-0.67-0.020.58-0.25-0.470.260.230.180.12
0.830.140.280.250.330.30.790.380.93-0.010.940.810.930.34-0.85-0.63-0.520.81-0.16-0.440.680.580.650.18
0.470.140.68-0.550.540.35-0.010.680.230.490.370.490.010.36-0.3-0.580.430.13-0.42-0.28-0.17-0.34-0.32-0.23
0.720.280.68-0.580.80.83-0.030.990.380.850.470.740.120.03-0.45-0.340.560.02-0.34-0.12-0.33-0.29-0.46-0.36
-0.110.25-0.55-0.58-0.32-0.210.43-0.560.08-0.49-0.04-0.10.47-0.320.00.19-0.530.250.090.230.440.210.630.55
0.650.330.540.8-0.320.710.090.810.410.660.440.650.22-0.09-0.37-0.290.420.05-0.30.0-0.18-0.21-0.26-0.28
0.630.30.350.83-0.210.71-0.070.810.30.670.350.650.19-0.43-0.310.020.52-0.16-0.430.32-0.38-0.41-0.41-0.33
0.570.79-0.01-0.030.430.09-0.070.060.82-0.140.720.520.850.4-0.7-0.68-0.720.83-0.14-0.560.880.710.840.5
0.80.380.680.99-0.560.810.810.060.480.790.580.810.20.1-0.54-0.420.490.11-0.32-0.2-0.25-0.21-0.38-0.32
0.850.930.230.380.080.410.30.820.480.150.940.80.820.43-0.87-0.68-0.470.73-0.1-0.550.660.540.570.17
0.43-0.010.490.85-0.490.660.67-0.140.790.150.160.45-0.06-0.06-0.21-0.110.54-0.17-0.180.02-0.39-0.36-0.49-0.39
0.920.940.370.47-0.040.440.350.720.580.940.160.890.80.49-0.91-0.77-0.340.78-0.18-0.610.550.510.460.14
0.990.810.490.74-0.10.650.650.520.810.80.450.890.680.24-0.86-0.650.030.57-0.26-0.430.210.190.140.1
0.680.930.010.120.470.220.190.850.20.82-0.060.80.680.26-0.75-0.56-0.630.84-0.15-0.330.770.590.790.23
0.270.340.360.03-0.32-0.09-0.430.40.10.43-0.060.490.240.26-0.45-0.77-0.410.670.23-0.870.530.550.380.14
-0.88-0.85-0.3-0.450.0-0.37-0.31-0.7-0.54-0.87-0.21-0.91-0.86-0.75-0.450.720.31-0.70.080.65-0.49-0.48-0.41-0.29
-0.67-0.63-0.58-0.340.19-0.290.02-0.68-0.42-0.68-0.11-0.77-0.65-0.56-0.770.720.31-0.810.280.83-0.54-0.53-0.41-0.28
-0.02-0.520.430.56-0.530.420.52-0.720.49-0.470.54-0.340.03-0.63-0.410.310.31-0.67-0.130.35-0.93-0.84-0.95-0.31
0.580.810.130.020.250.05-0.160.830.110.73-0.170.780.570.840.67-0.7-0.81-0.67-0.03-0.710.820.760.790.34
-0.25-0.16-0.42-0.340.09-0.3-0.43-0.14-0.32-0.1-0.18-0.18-0.26-0.150.230.080.28-0.13-0.03-0.210.030.070.070.18
-0.47-0.44-0.28-0.120.230.00.32-0.56-0.2-0.550.02-0.61-0.43-0.33-0.870.650.830.35-0.71-0.21-0.5-0.61-0.37-0.45
0.260.68-0.17-0.330.44-0.18-0.380.88-0.250.66-0.390.550.210.770.53-0.49-0.54-0.930.820.03-0.50.820.960.32
0.230.58-0.34-0.290.21-0.21-0.410.71-0.210.54-0.360.510.190.590.55-0.48-0.53-0.840.760.07-0.610.820.790.31
0.180.65-0.32-0.460.63-0.26-0.410.84-0.380.57-0.490.460.140.790.38-0.41-0.41-0.950.790.07-0.370.960.790.39
0.120.18-0.23-0.360.55-0.28-0.330.5-0.320.17-0.390.140.10.230.14-0.29-0.28-0.310.340.18-0.450.320.310.39
Click cells to compare fundamentals

Ardmore Total Asset Historical Pattern

Today, most investors in Ardmore Shpng Stock are looking for potential investment opportunities by analyzing not only static indicators but also various Ardmore Shpng's growth ratios. Consistent increases or drops in fundamental ratios usually indicate a possible pattern that can be successfully translated into profits. However, when comparing two companies, knowing each company's total asset growth rates may not be enough to decide which company is a better investment. That's why investors frequently use a static breakdown of Ardmore Shpng total asset as a starting point in their analysis.
   Ardmore Shpng Total Asset   
       Timeline  
Total Asset is typically divided on the balance sheet on current asset and long-term asset. Long-term is the value of company property and other capital assets that are expected to be useable for more than one year. Long term assets are reported net of depreciation. On the other hand current assets are assets that are expected to be sold or converted to cash as part of normal business operation.
Competition

Ardmore Total Assets

Total Assets

701.07 Million

At present, Ardmore Shpng's Total Assets are projected to increase significantly based on the last few years of reporting.
Based on the latest financial disclosure, Ardmore Shpng has a Total Asset of 690.95 M. This is 82.75% lower than that of the Oil, Gas & Consumable Fuels sector and significantly higher than that of the Energy industry. The total asset for all United States stocks is 97.66% higher than that of the company.

Ardmore Total Asset Peer Comparison

Stock peer comparison is one of the most widely used and accepted methods of equity analyses. It analyses Ardmore Shpng's direct or indirect competition against its Total Asset to detect undervalued stocks with similar characteristics or determine the stocks which would be a good addition to a portfolio. Peer analysis of Ardmore Shpng could also be used in its relative valuation, which is a method of valuing Ardmore Shpng by comparing valuation metrics of similar companies.
Ardmore Shpng is currently under evaluation in total asset category among its peers.

Ardmore Shpng Current Valuation Drivers

We derive many important indicators used in calculating different scores of Ardmore Shpng from analyzing Ardmore Shpng's financial statements. These drivers represent accounts that assess Ardmore Shpng's ability to generate profits relative to its revenue, operating costs, and shareholders' equity. Below are some of Ardmore Shpng's important valuation drivers and their relationship over time.
201920202021202220232024 (projected)
Market Cap299.5M108.7M114.5M536.6M588.2M617.6M
Enterprise Value672.2M460.0M431.6M670.6M635.3M411.2M

Ardmore Shpng ESG Sustainability

Some studies have found that companies with high sustainability scores are getting higher valuations than competitors with lower social-engagement activities. While most ESG disclosures are voluntary and do not directly affect the long term financial condition, Ardmore Shpng's sustainability indicators can be used to identify proper investment strategies using environmental, social, and governance scores that are crucial to Ardmore Shpng's managers, analysts, and investors.
Environmental
Governance
Social

Ardmore Shpng Institutional Holders

Institutional Holdings refers to the ownership stake in Ardmore Shpng that is held by large financial organizations, pension funds or endowments. Institutions may purchase large blocks of Ardmore Shpng's outstanding shares and can exert considerable influence upon its management. Institutional holders may also work to push the share price higher once they own the stock. Extensive social media coverage, TV shows, articles in high-profile magazines, and presentations at investor conferences help move the stock higher, increasing Ardmore Shpng's value.
Shares
Morgan Stanley - Brokerage Accounts2024-09-30
722.8 K
Royce & Associates, Lp2024-09-30
668.8 K
Vanguard Group Inc2024-09-30
617 K
Foundry Partners, Llc2024-09-30
565.3 K
Geode Capital Management, Llc2024-09-30
562.4 K
Wells Fargo & Co2024-09-30
529.2 K
Jpmorgan Chase & Co2024-09-30
518.2 K
Qube Research & Technologies2024-09-30
514.5 K
Goldman Sachs Group Inc2024-09-30
452.9 K
Dimensional Fund Advisors, Inc.2024-09-30
2.7 M
Blackrock Inc2024-06-30
2.5 M

Ardmore Fundamentals

About Ardmore Shpng Fundamental Analysis

The Macroaxis Fundamental Analysis modules help investors analyze Ardmore Shpng's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of Ardmore Shpng using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of Ardmore Shpng based on its fundamental data. In general, a quantitative approach, as applied to this company, focuses on analyzing financial statements comparatively, whereas a qaualitative method uses data that is important to a company's growth but cannot be measured and presented in a numerical way.
Please read more on our fundamental analysis page.

Also Currently Popular

Analyzing currently trending equities could be an opportunity to develop a better portfolio based on different market momentums that they can trigger. Utilizing the top trending stocks is also useful when creating a market-neutral strategy or pair trading technique involving a short or a long position in a currently trending equity.
When determining whether Ardmore Shpng offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Ardmore Shpng's financial statements, including income statements, balance sheets, and cash flow statements, to assess its financial health. Key financial ratios are used to gauge profitability, efficiency, and growth potential of Ardmore Shpng Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Ardmore Shpng Stock:
Check out Ardmore Shpng Piotroski F Score and Ardmore Shpng Altman Z Score analysis.
For information on how to trade Ardmore Stock refer to our How to Trade Ardmore Stock guide.
You can also try the Top Crypto Exchanges module to search and analyze digital assets across top global cryptocurrency exchanges.
Is Oil & Gas Storage & Transportation space expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Ardmore Shpng. If investors know Ardmore will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Ardmore Shpng listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth
0.122
Dividend Share
1.08
Earnings Share
3.55
Revenue Per Share
10.166
Quarterly Revenue Growth
0.106
The market value of Ardmore Shpng is measured differently than its book value, which is the value of Ardmore that is recorded on the company's balance sheet. Investors also form their own opinion of Ardmore Shpng's value that differs from its market value or its book value, called intrinsic value, which is Ardmore Shpng's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Ardmore Shpng's market value can be influenced by many factors that don't directly affect Ardmore Shpng's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Ardmore Shpng's value and its price as these two are different measures arrived at by different means. Investors typically determine if Ardmore Shpng is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Ardmore Shpng's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.