ASCArdmore Shipping Corporation
Is it safe?
Nothing alarming, nothing pristine: comfortable debt (AA) and typical volatility.
Rock-solid balance sheet, low leverage. A rule of thumb on leverage, not a credit rating.
Moderate price swings, typical volatility. Worst drawdown -71% · now at/near its 52-week high.
Where this answer is blind. Altman sits structurally low for utilities and pipelines; Beneish runs high for fast growers, since sales growth alone lifts it; banks and REITs are excluded.
Can ASC take a bad year?
The deepest fall in ASC's price history on file is −71%; it is 0.00% below its high today.
Net debt · as at Q1 2026 · debt less the cash on hand
- Debt / equity
- 0.16×
Debt / equity
- Annualised volatility
- 39%
Annualised volatility · roughly twice as jumpy as the market
- Worst drawdown on file
- −71%
Worst drawdown on file · 0.00% today
Details›
- Total debtQ1 2026
- $103M
- Cash and short-term investments
- $47M
- Net debt
- $56M
- Debt / equity
- 0.16×
- Annualised volatilitytwo years of daily moves
- 39%
- Worst drawdown on file
- −71%
- Below its 52-week high
- 0.00%
Balance sheet from SEC filings; drawdown and volatility from end-of-day closes; Altman Z from the filed statements.