Ardmore Shipping (ASC) Market Cap
Market Cap: $373.00M
Avg Volume: 734.68K
Industry: Marine Shipping
Sector: Industrials
Market Cap Overview
Market Cap
$373.00M
Share Price
$9.22
Shares Outstanding
40.46M
What is Ardmore Shipping's Market Cap?
Ardmore Shipping's current Market Cap as of today is $373.00M.
Understanding Market Capitalization
Market Capitalization (Market Cap) is the total value of a company's outstanding shares of stock. It is calculated by multiplying the current market price of one share by the total number of outstanding shares.
- It provides a straightforward method of gauging a company's size.
- Market Cap can be used to compare companies within the same industry.
How is Market Cap calculated?
Market Cap is calculated by multiplying the current share price by the total number of outstanding shares:
Market Cap = Current Share Price × Total Shares Outstanding
In the case of Ardmore Shipping, the market cap is calculated as $9.22 x 40.46M shares = $373.00M.
As a Small Cap company, Ardmore Shipping is a smaller company that may offer growth opportunities.
Ardmore Shipping Historical Market Cap
Ardmore Shipping Market Cap vs Enterprise Value
Understanding Market Cap vs. Enterprise Value
While market cap represents the equity value of Ardmore Shipping, enterprise value provides a more complete picture of the company's total value by including debt and cash:
Enterprise Value = Market Cap + Total Debt - Cash and Equivalents
Ardmore Shipping's enterprise value as of December 31, 2024 (Q4 2024) is calculated as:
- Market Cap: $373.00M
- Total Debt: $44.24M
- Cash and Equivalents: $46.99M
- Enterprise Value: $503.07M
The difference between market cap and enterprise value can indicate the company's financial leverage and cash position. A higher enterprise value suggests significant debt levels.
Ardmore Shipping Annual Market Cap History
| Year | Market Cap | Change |
|---|---|---|
| 2025 | $373.00M | -26.30% |
| 2024 | $506.12M | -13.95% |
| 2023 | $588.16M | 9.62% |
| 2022 | $536.56M | 368.52% |
| 2021 | $114.52M | 5.36% |
| 2020 | $108.70M | -63.71% |
| 2019 | $299.54M | 95.68% |
| 2018 | $153.07M | -42.78% |
| 2017 | $267.54M | 19.94% |
| 2016 | $223.05M | -32.71% |
| 2015 | $331.47M | 12.81% |
| 2014 | $293.84M | 54.26% |
| 2013 | $190.48M | 75.28% |
| 2012 | $108.67M | -0.01% |
| 2011 | $108.67M | N/A |
Frequently Asked Questions
Related Metrics
Explore detailed financial metrics and analysis for ASC.