American Shipping ASA (AMSC.OL) Financial Statements
Price: $28.1
Market Cap: $2.02B
Avg Volume: 81.54K
Market Cap: $2.02B
Avg Volume: 81.54K
Country: NO
Industry: Marine Shipping
Sector: Industrials
Industry: Marine Shipping
Sector: Industrials
Overview of Financial Statements
Financial statements are records that provide an overview of a company's financial performance and position. There are three main types of financial statements:
- Income Statement: Shows the company's revenue, expenses, and profit over a specific period.
- Balance Sheet: Provides a snapshot of the company's assets, liabilities, and equity at a specific point in time.
- Cash Flow Statement: Details the cash inflows and outflows from operating, investing, and financing activities over a period.
This page presents both annual and quarterly data for these financial statements. The charts below provide a visual representation of the key metrics from each statement, helping you to quickly understand the financial health of American Shipping ASA.
Income Statement
| Breakdown | December 31, 2023 | December 31, 2022 | December 31, 2021 | December 31, 2020 | December 31, 2019 | December 31, 2018 | December 31, 2017 | December 31, 2016 | December 31, 2015 | December 31, 2014 |
|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | $- | $93.65M | $88.19M | $88.20M | $87.80M | $87.80M | $87.80M | $88.04M | $87.79M | $87.64M |
| Cost of Revenue | $- | $38.58M | $36.00M | $35.21M | $34.84M | $35.60M | $34.93M | $35.39M | $35.05M | $34.74M |
| Gross Profit | $- | $55.07M | $52.19M | $53.00M | $52.96M | $52.20M | $52.87M | $52.65M | $52.74M | $52.90M |
| Gross Profit Ratio | 0.00% | 58.81% | 59.20% | 60.08% | 60.32% | 59.46% | 60.22% | 59.81% | 60.07% | 60.36% |
| Research and Development Expenses | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- |
| General and Administrative Expenses | $- | $31.00K | $- | $- | $- | $- | $156.00K | $176.00K | $205.00K | $164.00K |
| Selling and Marketing Expenses | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- |
| Selling General and Administrative Expenses | $2.11M | $31.00K | $- | $- | $- | $- | $156.00K | $176.00K | $205.00K | $164.00K |
| Other Expenses | $3.30M | $3.06M | $2.98M | $1.99M | $2.14M | $1.84M | $1.74M | $1.69M | $1.81M | $2.06M |
| Operating Expenses | $5.40M | $3.06M | $2.98M | $1.99M | $2.14M | $1.84M | $1.89M | $1.87M | $2.01M | $2.23M |
| Cost and Expenses | $5.40M | $41.64M | $38.99M | $37.20M | $36.99M | $37.44M | $36.82M | $37.26M | $37.06M | $36.97M |
| Interest Income | $- | $1.66M | $1.78M | $1.74M | $2.19M | $2.37M | $2.12M | $2.02M | $2.14M | $2.55M |
| Interest Expense | $- | $33.70M | $29.38M | $35.45M | $39.86M | $41.09M | $44.95M | $37.34M | $45.95M | $50.98M |
| Depreciation and Amortization | $8.27M | $357.88M | $303.49M | $291.70M | $298.63M | $33.86M | $33.85M | $34.34M | $34.16M | $33.87M |
| EBITDA | $2.86M | $87.89M | $770.45M | $608.58M | $710.15M | $84.11M | $84.83M | $88.03M | $81.74M | $87.97M |
| EBITDA Ratio | 0.00% | 93.85% | 93.54% | 85.10% | 95.39% | 95.80% | 100.35% | 99.99% | 93.11% | 100.38% |
| Operating Income | $-5.40M | $52.02M | $49.21M | $51.01M | $50.82M | $50.37M | $50.98M | $50.78M | $50.72M | $50.67M |
| Operating Income Ratio | 0.00% | 55.54% | 55.79% | 57.83% | 57.88% | 57.36% | 58.06% | 57.68% | 57.78% | 57.82% |
| Total Other Income Expenses Net | $-173.00K | $4.69M | $-25.64M | $-49.34M | $9.14M | $-40.45M | $39.43M | $-33.74M | $-36.59M | $-353.48M |
| Income Before Tax | $-5.58M | $28.87M | $23.56M | $1.67M | $6.80M | $9.91M | $11.01M | $17.04M | $14.13M | $23.26M |
| Income Before Tax Ratio | 0.00% | 30.83% | 26.72% | 1.89% | 7.74% | 11.29% | 12.54% | 19.36% | 16.10% | 26.54% |
| Income Tax Expense | $5.57M | $10.22M | $10.15M | $-16.51M | $-1.50M | $1.32M | $-2.30M | $9.93M | $-575.00K | $275.00K |
| Net Income | $142.97M | $18.65M | $13.41M | $18.18M | $8.30M | $8.59M | $13.31M | $7.11M | $14.71M | $22.98M |
| Net Income Ratio | 0.00% | 19.92% | 15.20% | 20.61% | 9.46% | 9.78% | 15.16% | 8.08% | 16.76% | 26.22% |
| EPS | $1.99 | $0.29 | $0.22 | $0.30 | $0.14 | $0.14 | $0.22 | $0.12 | $0.24 | $0.38 |
| EPS Diluted | $1.99 | $0.29 | $0.22 | $0.30 | $0.14 | $0.14 | $0.22 | $0.12 | $0.24 | $0.38 |
| Weighted Average Shares Outstanding | 71.86M | 63.46M | 60.62M | 60.62M | 60.62M | 60.62M | 60.62M | 60.62M | 60.62M | 60.21M |
| Weighted Average Shares Outstanding Diluted | 71.86M | 63.46M | 60.62M | 60.62M | 60.62M | 60.62M | 60.62M | 60.62M | 60.62M | 60.21M |
| SEC Filing | Source | Source | Source | Source | Source | Source | Source | Source | Source | Source |
Balance Sheet
| Breakdown | December 31, 2024 | December 31, 2023 | December 31, 2022 | December 31, 2021 | December 31, 2020 | December 31, 2019 | December 31, 2018 | December 31, 2017 | December 31, 2016 | December 31, 2015 |
|---|---|---|---|---|---|---|---|---|---|---|
| Cash and Cash Equivalents | $172.80M | $42.22M | $45.47M | $55.87M | $34.86M | $46.24M | $51.03M | $51.95M | $49.05M | $31.74M |
| Short Term Investments | $196.70M | $387.17M | $- | $- | $- | $- | $- | $- | $- | $- |
| Cash and Short Term Investments | $369.50M | $429.39M | $45.47M | $55.87M | $34.86M | $46.24M | $51.03M | $51.95M | $49.05M | $31.74M |
| Net Receivables | $- | $200.00K | $2.09M | $366.00K | $52.00K | $106.00K | $56.00K | $- | $- | $- |
| Inventory | $- | $-200.00K | $- | $- | $- | $- | $- | $- | $- | $- |
| Other Current Assets | $1.20M | $1.52B | $15.86M | $19.95M | $1.15M | $1.88M | $2.93M | $2.53M | $2.67M | $1.96M |
| Total Current Assets | $370.70M | $1.95B | $63.42M | $76.19M | $36.06M | $48.23M | $54.02M | $54.48M | $51.71M | $33.70M |
| Property Plant Equipment Net | $- | $- | $750.79M | $615.12M | $649.52M | $678.85M | $711.78M | $745.64M | $779.49M | $813.83M |
| Goodwill | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- |
| Intangible Assets | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- |
| Goodwill and Intangible Assets | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- |
| Long Term Investments | $1.64B | $- | $- | $- | $- | $- | $- | $- | $- | $- |
| Tax Assets | $200.00K | $30.00K | $2.93M | $11.33M | $14.75M | $- | $- | $- | $- | $2.02M |
| Other Non-Current Assets | $196.60M | $- | $12.16M | $10.92M | $23.33M | $25.28M | $45.54M | $47.01M | $58.18M | $57.44M |
| Total Non-Current Assets | $1.84B | $30.00K | $765.88M | $637.37M | $687.61M | $704.13M | $757.32M | $792.65M | $837.67M | $873.29M |
| Other Assets | $100.00K | $275.11K | $- | $-1.00K | $- | $- | $- | $- | $- | $- |
| Total Assets | $2.21B | $1.95B | $829.29M | $713.56M | $723.66M | $752.36M | $811.34M | $847.13M | $889.39M | $906.98M |
| Account Payables | $3.30M | $330.00K | $3.36M | $996.80K | $1.20M | $1.38M | $1.02M | $147.81K | $206.00K | $130.00K |
| Short Term Debt | $- | $- | $764.04M | $35.36M | $26.86M | $391.00M | $258.47M | $232.66M | $244.93M | $10.74M |
| Tax Payables | $9.30M | $- | $96.00K | $110.00K | $18.00K | $117.00K | $174.00K | $1.43M | $- | $- |
| Deferred Revenue | $- | $- | $- | $- | $7.80M | $7.52M | $174.00K | $1.43M | $- | $- |
| Other Current Liabilities | $- | $77.02M | $18.59M | $284.86M | $272.33M | $-339.97M | $-209.69M | $-185.66M | $102.49M | $9.37M |
| Total Current Liabilities | $12.60M | $77.35M | $80.21M | $36.43M | $35.19M | $52.52M | $49.98M | $48.58M | $40.21M | $20.24M |
| Long Term Debt | $- | $- | $555.26M | $511.76M | $517.98M | $4.61B | $4.99B | $4.93B | $5.50B | $5.81B |
| Deferred Revenue Non-Current | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- |
| Deferred Tax Liabilities Non-Current | $- | $- | $18.81M | $16.17M | $9.21M | $11.38M | $13.02M | $11.61M | $17.44M | $1.72M |
| Other Non-Current Liabilities | $100.00K | $- | $- | $- | $3.98B | $-4.07B | $-4.40B | $-4.33B | $151.25M | $65.62M |
| Total Non-Current Liabilities | $100.00K | $- | $574.07M | $527.93M | $527.19M | $534.87M | $585.29M | $611.68M | $653.53M | $662.50M |
| Other Liabilities | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- |
| Total Liabilities | $12.70M | $786.67M | $654.27M | $564.36M | $562.38M | $587.39M | $635.27M | $660.26M | $693.74M | $682.75M |
| Preferred Stock | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- |
| Common Stock | $- | $108.89M | $10.71M | $96.37M | $96.37M | $96.37M | $96.37M | $96.37M | $96.37M | $96.37M |
| Retained Earnings | $- | $-17.94M | $9.51M | $-9.14M | $-22.52M | $-40.66M | $-48.96M | $-57.55M | $-70.84M | $-70.14M |
| Accumulated Other Comprehensive Income Loss | $- | $0 | $- | $- | $- | $- | $-364.78M | $-330.93M | $-297.07M | $-262.74M |
| Other Total Stockholders Equity | $2.20B | $1.07B | $154.80M | $133.47M | $257.18M | $427.17M | $128.66M | $2.24B | $170.12M | $1.08B |
| Total Stockholders Equity | $2.20B | $1.16B | $175.02M | $149.21M | $161.28M | $164.97M | $176.07M | $186.87M | $195.64M | $224.24M |
| Total Equity | $2.20B | $1.16B | $175.02M | $149.21M | $161.28M | $164.97M | $176.07M | $186.87M | $195.64M | $224.24M |
| Total Liabilities and Stockholders Equity | $2.21B | $1.95B | $829.29M | $713.56M | $723.66M | $752.36M | $811.34M | $847.13M | $889.39M | $906.98M |
| Minority Interest | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- |
| Total Liabilities and Total Equity | $2.21B | $1.95B | $829.29M | $713.56M | $723.66M | $752.36M | $811.34M | $847.13M | $889.39M | $906.98M |
| Total Investments | $1.84B | $387.17M | $- | $- | $- | $- | $16.41M | $16.69M | $- | $- |
| Total Debt | $- | $- | $633.22M | $538.62M | $543.63M | $566.98M | $601.93M | $628.40M | $664.37M | $670.78M |
| Net Debt | $-172.80M | $-42.22M | $587.75M | $482.75M | $508.77M | $520.73M | $550.90M | $576.45M | $615.32M | $639.04M |
Cash Flow Statement
| Breakdown | December 31, 2024 | December 31, 2023 | December 31, 2022 | December 31, 2021 | December 31, 2020 | December 31, 2019 | December 31, 2018 | December 31, 2017 | December 31, 2016 | December 31, 2015 |
|---|---|---|---|---|---|---|---|---|---|---|
| Net Income | $- | $-5.58M | $28.87M | $23.56M | $1.67M | $6.80M | $9.91M | $11.01M | $17.04M | $14.13M |
| Depreciation and Amortization | $- | $- | $36.52M | $34.40M | $34.17M | $33.86M | $33.86M | $33.85M | $34.34M | $34.16M |
| Deferred Income Tax | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- |
| Stock Based Compensation | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- |
| Change in Working Capital | $- | $-16.68M | $1.81M | $2.01M | $1.07M | $-7.18M | $993.00K | $-4.89M | $-729.00K | $-1.58M |
| Accounts Receivables | $- | $-12.05M | $- | $- | $- | $- | $- | $- | $- | $- |
| Inventory | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- |
| Accounts Payables | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- |
| Other Working Capital | $- | $-4.63M | $- | $- | $- | $- | $- | $- | $- | $- |
| Other Non Cash Items | $28.80M | $-80.75M | $-4.66M | $-1.61M | $6.97M | $2.43M | $3.00M | $11.03M | $6.07M | $4.12M |
| Net Cash Provided by Operating Activities | $28.80M | $-103.00M | $62.54M | $58.36M | $43.88M | $35.91M | $47.76M | $51.00M | $56.72M | $50.84M |
| Investments in Property Plant and Equipment | $- | $- | $-172.19M | $- | $-4.84M | $-930.00K | $- | $- | $- | $- |
| Acquisitions Net | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- |
| Purchases of Investments | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- |
| Sales Maturities of Investments | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- |
| Other Investing Activities | $-325.50M | $- | $- | $- | $- | $16.29M | $281.00K | $15.06M | $- | $- |
| Net Cash Used for Investing Activities | $-325.50M | $- | $-172.19M | $- | $-4.84M | $15.36M | $281.00K | $15.06M | $- | $- |
| Debt Repayment | $- | $- | $- | $-60.54M | $-19.23M | $-322.01M | $-28.39M | $-307.24M | $-87.28M | $4.13B |
| Common Stock Issued | $- | $- | $368.58M | $135.00K | $101.00K | $- | $- | $67.00K | $33.00K | $45.00K |
| Common Stock Repurchased | $- | $-4.01M | $- | $-164.00K | $-1.26M | $- | $- | $-82.00K | $-43.00K | $-63.00K |
| Dividends Paid | $- | $-2.03B | $-298.40M | $-224.58M | $-186.29M | $-19.40M | $-19.40M | $-22.06M | $-27.89M | $-25.00M |
| Other Financing Activities | $-111.60M | $1.83B | $305.56M | $252.60M | $154.76M | $435.86M | $-725.00K | $425.36M | $76.65M | $-4.02B |
| Net Cash Used Provided by Financing Activities | $-111.60M | $-199.89M | $98.82M | $-32.77M | $-51.16M | $-57.22M | $-48.51M | $-63.18M | $-38.60M | $-110.87M |
| Effect of Forex Changes on Cash | $-12.50M | $- | $-1.00K | $- | $- | $- | $- | $- | $- | $- |
| Net Change in Cash | $-257.90M | $-8.15M | $-10.83M | $25.59M | $-12.12M | $-5.95M | $-469.00K | $2.88M | $18.11M | $-60.03M |
| Cash at End of Period | $172.80M | $42.34M | $50.49M | $61.32M | $35.73M | $47.85M | $53.80M | $54.27M | $51.39M | $33.28M |
| Cash at Beginning of Period | $430.70M | $50.49M | $61.32M | $35.73M | $47.85M | $53.80M | $54.27M | $51.39M | $33.28M | $93.31M |
| Operating Cash Flow | $28.80M | $-63.94M | $62.54M | $58.36M | $43.88M | $35.91M | $47.76M | $51.00M | $56.72M | $50.84M |
| Capital Expenditure | $- | $- | $-172.19M | $- | $-4.84M | $-930.00K | $- | $- | $- | $- |
| Free Cash Flow | $28.80M | $-63.94M | $-109.65M | $58.36M | $39.05M | $34.98M | $47.76M | $51.00M | $56.72M | $50.84M |