American Shipping ASA Key Executives
This section highlights American Shipping ASA's key executives, including their titles and compensation details.
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American Shipping ASA Earnings
This section highlights American Shipping ASA's earnings, including key dates, EPS, earnings reports, and earnings call transcripts.
Next Earnings Date
Date:
May 07, 2025
Time:
Before Market
Est. EPS:
$-
Status:
Unconfirmed
Last Earnings Results
Date:
February 12, 2025
EPS:
$4.58
Est. EPS:
$-
Revenue:
$-
Earnings Call Transcripts
| Transcript | Quarter | Year | Date | Estimated EPS | Actual EPS |
|---|
Financial Statements
Access annual & quarterly financial statements for American Shipping ASA, including income statements, balance sheets, and cash flow statements..
Annual Income Statement
| Breakdown | December 31, 2024 | December 31, 2023 | December 31, 2022 | December 31, 2021 | December 31, 2020 |
|---|---|---|---|---|---|
| Revenue | $- | $- | $93.65M | $88.19M | $88.20M |
| Cost of Revenue | $- | $- | $38.58M | $36.00M | $35.21M |
| Gross Profit | $- | $- | $55.07M | $52.19M | $53.00M |
| Gross Profit Ratio | 0.00% | 0.00% | 58.81% | 59.18% | 60.08% |
| Research and Development Expenses | $- | $- | $- | $- | $- |
| General and Administrative Expenses | $- | $- | $31.00K | $- | $- |
| Selling and Marketing Expenses | $- | $- | $- | $- | $- |
| Selling General and Administrative Expenses | $2.97M | $5.61M | $31.00K | $1.76M | $1.20M |
| Other Expenses | $- | $- | $- | $- | $- |
| Operating Expenses | $2.97M | $5.61M | $3.06M | $2.98M | $1.99M |
| Cost and Expenses | $-2.97M | $5.61M | $41.64M | $38.99M | $37.20M |
| Interest Income | $2.25M | $1.41M | $1.66M | $1.78M | $1.74M |
| Interest Expense | $- | $- | $33.70M | $29.38M | $35.45M |
| Depreciation and Amortization | $- | $8.27M | $357.88M | $33.50M | $37.57M |
| EBITDA | $67.98M | $2.86M | $87.89M | $87.43M | $91.44M |
| EBITDA Ratio | - | - | 93.85% | 99.13% | 103.67% |
| Operating Income | $-2.97M | $-5.61M | $52.02M | $49.21M | $51.01M |
| Operating Income Ratio | - | - | 55.54% | 55.79% | 57.83% |
| Total Other Income Expenses Net | $70.95M | $-179.53K | $27.93M | $-25.64M | $-49.34M |
| Income Before Tax | $67.98M | $-5.79M | $28.87M | $23.56M | $1.67M |
| Income Before Tax Ratio | - | - | 30.83% | 26.72% | 1.89% |
| Income Tax Expense | $737.69K | $5.78M | $10.22M | $10.15M | $-16.51M |
| Net Income | $68.22M | $18.70M | $18.65M | $13.41M | $18.18M |
| Net Income Ratio | - | - | 19.92% | 15.20% | 20.61% |
| EPS | $0.95 | $0.26 | $0.29 | $0.22 | $0.30 |
| EPS Diluted | $0.95 | $0.26 | $0.29 | $0.22 | $0.30 |
| Weighted Average Shares Outstanding | 71.86M | 71.86M | 63.46M | 60.62M | 60.62M |
| Weighted Average Shares Outstanding Diluted | 71.86M | 71.86M | 63.46M | 60.62M | 60.62M |
| SEC Filing | Source | Source | Source | Source | Source |
| Breakdown | December 31, 2024 | September 30, 2024 | June 30, 2024 | March 31, 2024 | December 31, 2023 | September 30, 2023 | June 30, 2023 | March 31, 2023 | December 31, 2022 | September 30, 2022 | June 30, 2022 | March 31, 2022 | December 31, 2021 | September 30, 2021 | June 30, 2021 | March 31, 2021 | December 31, 2020 | September 30, 2020 | June 30, 2020 | March 31, 2020 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | $- | $- | $- | $- | $-22.70M | $7.60M | $30.90M | $30.30M | $27.55M | $22.30M | $22.00M | $21.70M | $22.29M | $22.30M | $21.90M | $21.70M | $22.20M | $22.20M | $21.90M | $21.90M |
| Cost of Revenue | $- | $- | $1.13M | $875.97K | $-4.45M | $2.10M | $11.80M | $10.80M | $12.78M | $8.80M | $8.60M | $8.50M | $10.60M | $8.60M | $8.50M | $8.40M | $9.71M | $8.60M | $8.40M | $8.40M |
| Gross Profit | $- | $- | $-1.13M | $-875.97K | $-18.25M | $5.50M | $19.10M | $19.50M | $14.77M | $13.50M | $13.40M | $13.20M | $11.69M | $13.70M | $13.40M | $13.30M | $12.50M | $13.60M | $13.50M | $13.50M |
| Gross Profit Ratio | - | 0.00% | - | - | 80.38% | 72.37% | 61.81% | 64.36% | 53.62% | 60.54% | 60.91% | 60.83% | 52.44% | 61.43% | 61.19% | 61.29% | 56.28% | 61.26% | 61.64% | 61.64% |
| Research and Development Expenses | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- |
| General and Administrative Expenses | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- |
| Selling and Marketing Expenses | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- |
| Selling General and Administrative Expenses | $- | $- | $1.13M | $877.80K | $2.66M | $- | $- | $- | $2.21M | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- |
| Other Expenses | $6.00M | $6.30M | $12.10M | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- |
| Operating Expenses | $6.00M | $6.30M | $1.13M | $877.80K | $2.66M | $1.30M | $1.30M | $1.30M | $-143.00K | $500.00K | $1.90M | $800.00K | $-416.00K | $800.00K | $1.30M | $1.30M | $-110.00K | $700.00K | $700.00K | $800.00K |
| Cost and Expenses | $6.00M | $6.30M | $1.13M | $877.80K | $2.66M | $3.40M | $13.10M | $12.10M | $12.64M | $9.30M | $10.50M | $9.30M | $10.19M | $9.40M | $9.80M | $9.70M | $9.60M | $9.30M | $9.10M | $9.20M |
| Interest Income | $5.40M | $5.80M | $7.10M | $7.20M | $9.06M | $600.00K | $1.10M | $500.00K | $561.00K | $400.00K | $300.00K | $300.00K | $282.00K | $400.00K | $300.00K | $800.00K | $336.00K | $300.00K | $400.00K | $600.00K |
| Interest Expense | $- | $- | $- | $- | $- | $2.90M | $14.20M | $12.70M | $9.51M | $8.30M | $8.00M | $7.80M | $5.58M | $8.20M | $7.90M | $7.70M | $5.25M | $8.40M | $11.20M | $12.20M |
| Depreciation and Amortization | $- | $- | $11.77K | $1.29M | $9.13M | $2.06M | $11.77M | $10.56M | $11.13M | $8.08M | $8.19M | $8.54M | $8.90M | $8.61M | $8.27M | $8.38M | $-2.22M | $-8.90M | $600.00K | $300.00K |
| EBITDA | $-6.00M | $-6.30M | $-1.34M | $-877.80K | $-19.57M | $6.66M | $19.00M | $17.80M | $29.67M | $12.00M | $10.40M | $12.80M | $9.90M | $21.32M | $12.40M | $12.90M | $23.28M | $16.94M | $13.40M | $13.00M |
| EBITDA Ratio | - | - | - | - | 86.23% | 87.62% | 61.49% | 58.75% | 107.68% | 53.81% | 47.27% | 58.99% | 44.39% | 95.62% | 56.62% | 59.45% | 104.87% | 76.32% | 61.19% | 59.36% |
| Operating Income | $-6.00M | $-6.30M | $-1.13M | $-877.80K | $-2.66M | $4.30M | $17.80M | $18.10M | $15.02M | $13.10M | $11.50M | $12.40M | $12.11M | $12.90M | $12.10M | $12.00M | $12.71M | $12.90M | $12.80M | $12.70M |
| Operating Income Ratio | - | - | - | - | 11.72% | 56.58% | 57.61% | 59.74% | 54.50% | 58.74% | 52.27% | 57.14% | 54.30% | 57.85% | 55.25% | 55.30% | 57.23% | 58.11% | 58.45% | 57.99% |
| Total Other Income Expenses Net | $339.40M | $159.90M | $10.76M | $3.41M | $16.88M | $-100.00K | $900.00K | $-13.78M | $-8.75M | $-14.95M | $-7.40M | $-900.00K | $-2.65M | $-8.40M | $-7.20M | $-7.30M | $-69.37M | $-19.34M | $-11.70M | $-11.10M |
| Income Before Tax | $333.40M | $153.60M | $-1.34M | $2.53M | $-2.02M | $1.90M | $5.10M | $4.30M | $6.27M | $7.00M | $4.10M | $11.50M | $9.46M | $4.50M | $4.90M | $4.70M | $5.57M | $-6.60M | $1.10M | $1.60M |
| Income Before Tax Ratio | - | - | - | - | 8.90% | 25.00% | 16.50% | 14.19% | 22.75% | 31.39% | 18.64% | 53.00% | 42.44% | 20.18% | 22.37% | 21.66% | 25.07% | -29.73% | 5.02% | 7.31% |
| Income Tax Expense | $4.40M | $-600.00K | $-215.23K | $27.72K | $5.11M | $1.10M | $1.10M | $1.00M | $4.82M | $2.00M | $800.00K | $2.70M | $7.05M | $1.00M | $1.30M | $800.00K | $-14.41M | $-2.10M | $548.88K | $252.70K |
| Net Income | $329.00M | $14.58M | $22.17M | $5.28M | $132.77M | $3.00M | $4.00M | $3.30M | $1.45M | $5.10M | $3.30M | $8.80M | $2.41M | $3.50M | $3.60M | $3.90M | $19.98M | $-4.50M | $1.10M | $1.60M |
| Net Income Ratio | - | - | - | - | -584.89% | 39.47% | 12.94% | 10.89% | 5.27% | 22.87% | 15.00% | 40.55% | 10.81% | 15.70% | 16.44% | 17.97% | 89.99% | -20.27% | 5.02% | 7.31% |
| EPS | $4.58 | $0.20 | $0.31 | $0.07 | $1.85 | $0.04 | $0.06 | $0.05 | $0.02 | $0.08 | $0.05 | $0.15 | $0.04 | $0.06 | $0.06 | $0.06 | $0.33 | $-0.07 | $0.02 | $0.03 |
| EPS Diluted | $4.58 | $0.20 | $0.31 | $0.07 | $1.84 | $0.04 | $0.06 | $0.05 | $0.02 | $0.08 | $0.05 | $0.15 | $0.04 | $0.06 | $0.06 | $0.06 | $0.33 | $-0.07 | $0.02 | $0.03 |
| Weighted Average Shares Outstanding | 71.86M | 71.86M | 71.86M | 71.86M | 71.86M | 71.86M | 71.86M | 71.86M | 71.30M | 61.21M | 60.62M | 60.62M | 60.62M | 60.62M | 60.61M | 60.61M | 60.62M | 60.62M | 60.62M | 60.62M |
| Weighted Average Shares Outstanding Diluted | 71.86M | 71.86M | 71.86M | 71.86M | 72.04M | 71.86M | 71.86M | 71.86M | 71.30M | 61.21M | 60.62M | 60.62M | 60.62M | 60.62M | 60.61M | 60.61M | 60.62M | 60.62M | 60.62M | 60.62M |
| SEC Filing | Source | Source | Source | Source | Source | Source | Source | Source | Source | Source | Source | Source | Source | Source | Source | Source | Source | Source | Source | Source |
Annual Balance Sheet
| Breakdown | December 31, 2024 | December 31, 2023 | December 31, 2022 | December 31, 2021 | December 31, 2020 |
|---|---|---|---|---|---|
| Cash and Cash Equivalents | $172.80M | $42.22M | $45.47M | $55.87M | $34.86M |
| Short Term Investments | $196.70M | $387.17M | $- | $- | $- |
| Cash and Short Term Investments | $369.50M | $429.39M | $45.47M | $55.87M | $34.86M |
| Net Receivables | $- | $200.00K | $12.57M | $14.76M | $52.00K |
| Inventory | $- | $1 | $4.96M | $5.56M | $872.00K |
| Other Current Assets | $1.20M | $1.52B | $175.89M | $179.25M | $273.00K |
| Total Current Assets | $370.70M | $1.95B | $63.42M | $76.19M | $36.06M |
| Property Plant Equipment Net | $- | $- | $750.79M | $615.12M | $649.52M |
| Goodwill | $- | $- | $- | $- | $- |
| Intangible Assets | $- | $- | $- | $- | $- |
| Goodwill and Intangible Assets | $- | $- | $-11.89M | $-10.91M | $-23.33M |
| Long Term Investments | $1.64B | $- | $11.89M | $10.91M | $23.33M |
| Tax Assets | $200.00K | $30.00K | $2.93M | $11.33M | $14.75M |
| Other Non-Current Assets | $196.60M | $- | $12.16M | $10.92M | $23.33M |
| Total Non-Current Assets | $1.84B | $30.00K | $765.88M | $637.37M | $687.61M |
| Other Assets | $100.00K | $275.11K | $- | $-1.00K | $- |
| Total Assets | $2.21B | $1.95B | $829.29M | $713.56M | $723.66M |
| Account Payables | $3.30M | $3.36M | $344.48K | $113.00K | $140.00K |
| Short Term Debt | $- | $- | $77.96M | $26.86M | $26.86M |
| Tax Payables | $9.30M | $- | $96.00K | $110.00K | $18.00K |
| Deferred Revenue | $- | $- | $- | $- | $7.80M |
| Other Current Liabilities | $- | $70.23M | $1.81M | $9.34M | $8.17M |
| Total Current Liabilities | $12.60M | $73.58M | $80.21M | $36.43M | $35.19M |
| Long Term Debt | $- | $- | $555.26M | $511.76M | $517.98M |
| Deferred Revenue Non-Current | $- | $- | $-18.81M | $-16.17M | $- |
| Deferred Tax Liabilities Non-Current | $- | $- | $18.81M | $16.17M | $9.21M |
| Other Non-Current Liabilities | $100.00K | $- | $- | $16.17M | $9.21M |
| Total Non-Current Liabilities | $100.00K | $- | $574.07M | $527.93M | $527.19M |
| Other Liabilities | $- | $- | $- | $- | $- |
| Total Liabilities | $12.70M | $73.58M | $654.27M | $564.36M | $562.38M |
| Preferred Stock | $- | $- | $1 | $1.00K | $1.00K |
| Common Stock | $- | $108.89M | $10.71M | $96.37M | $96.37M |
| Retained Earnings | $- | $-17.89M | $9.51M | $-9.14M | $-22.52M |
| Accumulated Other Comprehensive Income Loss | $- | $0 | $1.00K | $-1,000 | $-1.00K |
| Other Total Stockholders Equity | $2.20B | $1.07B | $154.80M | $61.97M | $257.18M |
| Total Stockholders Equity | $2.20B | $1.16B | $175.02M | $149.21M | $161.28M |
| Total Equity | $2.20B | $1.16B | $175.02M | $149.21M | $161.28M |
| Total Liabilities and Stockholders Equity | $2.21B | $191.23M | $829.29M | $713.56M | $723.66M |
| Minority Interest | $- | $- | $- | $- | $- |
| Total Liabilities and Total Equity | $2.21B | $191.23M | $829.29M | $713.56M | $723.66M |
| Total Investments | $1.84B | $387.17M | $11.89M | $10.91M | $23.33M |
| Total Debt | $- | $- | $633.22M | $538.62M | $543.63M |
| Net Debt | $-172.80M | $-42.07M | $587.75M | $482.75M | $508.77M |
Balance Sheet Charts
| Breakdown | December 31, 2024 | September 30, 2024 | June 30, 2024 | March 31, 2024 | December 31, 2023 | September 30, 2023 | June 30, 2023 | March 31, 2023 | December 31, 2022 | September 30, 2022 | June 30, 2022 | March 31, 2022 | December 31, 2021 | September 30, 2021 | June 30, 2021 | March 31, 2021 | December 31, 2020 | September 30, 2020 | June 30, 2020 | March 31, 2020 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Cash and Cash Equivalents | $172.80M | $118.20M | $28.09M | $54.17M | $42.07M | $22.10M | $34.80M | $30.50M | $45.47M | $45.50M | $33.00M | $50.80M | $55.87M | $54.70M | $58.50M | $38.40M | $34.86M | $29.90M | $44.50M | $36.30M |
| Short Term Investments | $196.70M | $226.80M | $12.73M | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- |
| Cash and Short Term Investments | $369.50M | $345.00M | $40.82M | $54.17M | $42.07M | $22.10M | $34.80M | $30.50M | $45.47M | $45.50M | $33.00M | $50.80M | $55.87M | $54.70M | $58.50M | $38.40M | $34.86M | $29.90M | $44.50M | $36.30M |
| Net Receivables | $- | $56.72K | $224.59K | $397.32K | $387.32M | $497.03K | $18.15M | $- | $12.57M | $- | $- | $14.50M | $14.88M | $900.00K | $900.00K | $900.00K | $300.00K | $100.00K | $300.00K | $300.00K |
| Inventory | $- | $- | $-224.80K | $-396.49K | $1 | $3.71M | $54.55K | $4.60M | $4.96M | $6.47M | $6.62M | $- | $5.44M | $- | $- | $- | $- | $- | $- | $- |
| Other Current Assets | $1.20M | $600.00K | $- | $- | $1.52B | $621.99M | $4.60M | $175.77M | $175.89M | $432.57M | $403.62M | $6.30M | $179.25M | $1.70M | $- | $1.20M | $10.22M | $500.00K | $900.00K | $900.00K |
| Total Current Assets | $370.70M | $345.60M | $41.04M | $54.57M | $191.23M | $648.30M | $57.60M | $47.40M | $63.42M | $86.00M | $73.80M | $71.60M | $76.19M | $57.30M | $60.80M | $39.30M | $36.06M | $30.50M | $45.70M | $37.50M |
| Property Plant Equipment Net | $- | $- | $- | $- | $- | $149.30M | $737.40M | $744.20M | $750.79M | $594.30M | $600.00M | $606.60M | $615.12M | $624.10M | $632.70M | $641.20M | $649.52M | $658.10M | $662.00M | $670.40M |
| Goodwill | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- |
| Intangible Assets | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- |
| Goodwill and Intangible Assets | $- | $- | $- | $- | $- | $- | $-10.37M | $-14.20M | $-11.89M | $-21.92M | $-18.64M | $-17.27M | $-10.89M | $-21.84M | $-22.40M | $- | $- | $- | $- | $- |
| Long Term Investments | $1.64B | $148.80M | $130.74M | $94.72M | $- | $- | $10.37M | $14.20M | $11.89M | $21.92M | $18.64M | $17.27M | $10.89M | $21.84M | $22.40M | $22.80M | $- | $- | $- | $- |
| Tax Assets | $200.00K | $- | $- | $- | $30.00K | $- | $600.00K | $1.80M | $2.93M | $7.80M | $9.40M | $10.70M | $11.33M | $12.80M | $13.70M | $14.30M | $14.75M | $- | $- | $- |
| Other Non-Current Assets | $196.60M | $1.43B | $- | $- | $- | $- | $17.70M | $17.40M | $12.16M | $21.90M | $18.60M | $17.40M | $10.92M | $21.90M | $44.80M | $2 | $23.33M | $23.80M | $24.30M | $24.80M |
| Total Non-Current Assets | $1.84B | $1.57B | $130.74M | $94.72M | $30.00K | $149.30M | $755.70M | $763.40M | $765.88M | $624.00M | $628.00M | $634.70M | $637.37M | $658.80M | $668.80M | $678.30M | $687.61M | $681.90M | $686.30M | $695.20M |
| Other Assets | $100.00K | $- | $- | $1 | $-30.00K | $-100.00K | $-100.00K | $100.00K | $- | $- | $- | $- | $-1.00K | $- | $- | $1 | $- | $- | $- | $- |
| Total Assets | $2.21B | $1.92B | $171.78M | $149.29M | $191.23M | $797.50M | $813.20M | $810.90M | $829.29M | $710.00M | $701.80M | $706.30M | $713.56M | $716.10M | $729.60M | $717.60M | $723.66M | $712.40M | $732.00M | $732.70M |
| Account Payables | $3.30M | $226.86K | $3.02M | $683.76K | $3.36M | $6.72M | $8.64M | $12.48M | $2.16M | $55.54M | $97.94M | $42.88M | $996.80K | $- | $- | $- | $1.20M | $- | $- | $- |
| Short Term Debt | $- | $- | $- | $- | $- | $52.50M | $82.60M | $704.11M | $77.96M | $26.80M | $26.80M | $26.80M | $311.94M | $26.80M | $26.80M | $26.80M | $229.32M | $252.25M | $26.80M | $44.30M |
| Tax Payables | $9.30M | $4.30M | $458.54K | $674.52K | $- | $- | $- | $- | $96.00K | $- | $- | $- | $110.00K | $- | $- | $- | $18.00K | $- | $- | $- |
| Deferred Revenue | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $-4.96M | $- | $- | $- | $- | $7.80M | $- | $- | $- |
| Other Current Liabilities | $- | $2.17M | $33.72M | $-9.24K | $70.23M | $512.18M | $-7.84M | $-647.69M | $-9.28K | $-50.34M | $-88.04M | $-37.88M | $-276.62M | $5.10M | $10.40M | $9.50M | $69.87M | $43.30M | $7.90M | $3.00M |
| Total Current Liabilities | $12.60M | $6.70M | $3.48M | $1.35M | $73.58M | $571.40M | $83.40M | $68.90M | $80.21M | $32.00M | $36.70M | $31.80M | $36.43M | $31.90M | $37.20M | $36.30M | $35.19M | $31.40M | $34.70M | $47.30M |
| Long Term Debt | $- | $- | $- | $- | $- | $66.10M | $546.10M | $5.76B | $5.44B | $5.27B | $4.94B | $505.70M | $511.76M | $519.50M | $524.10M | $510.60M | $4.41B | $523.10M | $527.10M | $512.30M |
| Deferred Revenue Non-Current | $- | $- | $- | $- | $- | $- | $- | $-18.90M | $-18.81M | $-19.70M | $-18.80M | $6.30M | $- | $8.90M | $9.30M | $2 | $- | $1.60M | $8.00M | $- |
| Deferred Tax Liabilities Non-Current | $- | $- | $- | $- | $- | $600.00K | $18.80M | $18.90M | $18.81M | $19.70M | $18.80M | $18.00M | $16.17M | $10.70M | $10.30M | $9.80M | $9.21M | $8.90M | $11.20M | $11.40M |
| Other Non-Current Liabilities | $100.00K | $- | $- | $- | $- | $700.00K | $-184.45M | $-5.38B | $-4.89B | $190.71M | $167.18M | $- | $- | $10.70M | $1.30M | $1.70M | $88.98M | $-73.37M | $1.10M | $11.30M |
| Total Non-Current Liabilities | $100.00K | $- | $- | $- | $- | $66.80M | $564.80M | $572.30M | $574.07M | $513.00M | $518.30M | $523.70M | $527.93M | $530.20M | $535.70M | $522.10M | $527.19M | $533.50M | $539.40M | $523.60M |
| Other Liabilities | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $1 | $- | $- | $- | $- |
| Total Liabilities | $12.70M | $6.70M | $3.48M | $1.35M | $73.58M | $638.20M | $648.20M | $641.20M | $654.27M | $545.00M | $555.00M | $555.50M | $564.36M | $562.10M | $572.90M | $558.40M | $562.38M | $564.90M | $574.10M | $570.90M |
| Preferred Stock | $- | $- | $- | $- | $1 | $- | $- | $- | $1 | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- |
| Common Stock | $- | $- | $168.46M | $147.63M | $10.71M | $159.30M | $165.00M | $169.70M | $10.71M | $165.00M | $146.80M | $- | $96.37M | $- | $- | $- | $96.37M | $- | $- | $- |
| Retained Earnings | $- | $- | $- | $- | $-17.94M | $- | $- | $- | $9.51M | $- | $- | $- | $-9.14M | $- | $- | $- | $-22.52M | $- | $- | $- |
| Accumulated Other Comprehensive Income Loss | $- | $- | $- | $- | $0 | $- | $- | $- | $1.00K | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- |
| Other Total Stockholders Equity | $2.20B | $1.91B | $-157.24K | $308.69K | $1.34B | $- | $- | $- | $154.80M | $- | $- | $- | $1.30B | $- | $- | $159.10M | $1.47B | $- | $- | $- |
| Total Stockholders Equity | $2.20B | $1.91B | $168.30M | $147.94M | $117.75M | $159.30M | $165.00M | $169.70M | $175.02M | $165.00M | $146.80M | $150.80M | $149.21M | $154.00M | $156.70M | $159.10M | $161.28M | $147.50M | $157.90M | $161.80M |
| Total Equity | $2.20B | $1.91B | $168.30M | $147.94M | $117.75M | $159.30M | $165.00M | $169.70M | $175.02M | $165.00M | $146.80M | $150.80M | $149.21M | $154.00M | $156.70M | $159.10M | $161.28M | $147.50M | $157.90M | $161.80M |
| Total Liabilities and Stockholders Equity | $2.21B | $1.92B | $171.78M | $149.29M | $191.23M | $797.50M | $813.20M | $810.90M | $829.29M | $710.00M | $701.80M | $706.30M | $713.56M | $716.10M | $729.60M | $717.50M | $723.66M | $712.40M | $732.00M | $732.70M |
| Minority Interest | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- |
| Total Liabilities and Total Equity | $2.21B | $1.92B | $171.78M | $149.29M | $191.23M | $797.50M | $813.20M | $810.90M | $829.29M | $710.00M | $701.80M | $706.30M | $713.56M | $716.10M | $729.60M | $717.50M | $723.66M | $712.40M | $732.00M | $732.70M |
| Total Investments | $1.84B | $1.57B | $143.47M | $94.72M | $- | $- | $10.37M | $14.20M | $11.89M | $21.92M | $18.64M | $17.27M | $10.89M | $21.84M | $22.40M | $22.80M | $- | $- | $- | $- |
| Total Debt | $- | $- | $- | $- | $- | $118.60M | $628.70M | $621.10M | $633.22M | $520.10M | $526.30M | $532.50M | $538.62M | $544.80M | $550.90M | $537.40M | $543.63M | $549.90M | $553.90M | $556.60M |
| Net Debt | $-172.80M | $-118.20M | $-28.09M | $-54.17M | $-42.07M | $96.50M | $593.90M | $590.60M | $587.75M | $474.60M | $493.30M | $481.70M | $482.75M | $490.10M | $492.40M | $499.00M | $508.77M | $520.00M | $509.40M | $520.30M |
Annual Cash Flow
| Breakdown | December 31, 2024 | December 31, 2023 | December 31, 2022 | December 31, 2021 | December 31, 2020 |
|---|---|---|---|---|---|
| Net Income | $- | $-11.57M | $28.87M | $23.56M | $1.67M |
| Depreciation and Amortization | $- | $- | $36.52M | $34.40M | $34.17M |
| Deferred Income Tax | $- | $- | $- | $- | $- |
| Stock Based Compensation | $- | $- | $- | $- | $- |
| Change in Working Capital | $- | $-1.70M | $1.81M | $2.01M | $1.07M |
| Accounts Receivables | $- | $-1.19M | $-2.63M | $-493.74K | $-357.32K |
| Inventory | $- | $- | $34.74K | $52.48K | $-106.82K |
| Accounts Payables | $- | $-12.45K | $521.80K | $555.09K | $-599.20K |
| Other Working Capital | $- | $-504.46K | $3.88M | $1.89M | $2.14M |
| Other Non Cash Items | $28.80M | $6.98M | $-4.66M | $-1.61M | $6.97M |
| Net Cash Provided by Operating Activities | $28.80M | $-6.29M | $62.54M | $58.36M | $43.88M |
| Investments in Property Plant and Equipment | $- | $- | $-172.19M | $- | $-4.84M |
| Acquisitions Net | $- | $- | $- | $- | $- |
| Purchases of Investments | $- | $- | $- | $- | $- |
| Sales Maturities of Investments | $- | $- | $- | $- | $- |
| Other Investing Activities | $-325.50M | $188.78M | $-168.88M | $- | $- |
| Net Cash Used for Investing Activities | $-325.50M | $188.78M | $-172.19M | $- | $-4.84M |
| Debt Repayment | $- | $- | $- | $-60.54M | $-164.16M |
| Common Stock Issued | $- | $- | $368.58M | $135.00K | $- |
| Common Stock Repurchased | $- | $-4.01M | $- | $-164.00K | $-162.72K |
| Dividends Paid | $- | $-207.03M | $-29.86M | $-24.79M | $-23.99M |
| Other Financing Activities | $-111.60M | $-54.73M | $-63.02M | $52.82M | $137.39M |
| Net Cash Used Provided by Financing Activities | $-111.60M | $-265.77M | $98.82M | $-32.77M | $-51.16M |
| Effect of Forex Changes on Cash | $-12.50M | $- | $-1.00K | $- | $- |
| Net Change in Cash | $-257.90M | $-82.89M | $-10.83M | $25.59M | $-12.12M |
| Cash at End of Period | $172.80M | $430.66M | $50.49M | $61.32M | $35.73M |
| Cash at Beginning of Period | $430.70M | $497.70M | $61.32M | $35.73M | $47.85M |
| Operating Cash Flow | $28.80M | $-103.00M | $62.54M | $58.36M | $43.88M |
| Capital Expenditure | $- | $- | $-172.19M | $- | $-4.84M |
| Free Cash Flow | $28.80M | $-63.94M | $-109.65M | $58.36M | $39.05M |
Cash Flow Charts
| Breakdown | December 31, 2024 | September 30, 2024 | June 30, 2024 | March 31, 2024 | December 31, 2023 | September 30, 2023 | June 30, 2023 | March 31, 2023 | December 31, 2022 | September 30, 2022 | June 30, 2022 | March 31, 2022 | December 31, 2021 | September 30, 2021 | June 30, 2021 | March 31, 2021 | December 31, 2020 | September 30, 2020 | June 30, 2020 | March 31, 2020 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Net Income | $- | $- | $22.19M | $4.24M | $132.77M | $685.53K | $3.99M | $3.23M | $1.51M | $4.68M | $3.14M | $8.84M | $- | $- | $- | $- | $- | $- | $- | $- |
| Depreciation and Amortization | $- | $- | $- | $- | $-6.20M | $2.06M | $11.77M | $10.56M | $11.13M | $8.08M | $8.19M | $8.54M | $- | $- | $- | $- | $- | $- | $- | $- |
| Deferred Income Tax | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- |
| Stock Based Compensation | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- |
| Change in Working Capital | $- | $- | $- | $- | $-1.63M | $- | $- | $- | $-2.69M | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- |
| Accounts Receivables | $- | $- | $- | $- | $-1.19M | $- | $- | $- | $-3.27M | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- |
| Inventory | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- |
| Accounts Payables | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- |
| Other Working Capital | $- | $- | $- | $- | $-443.00K | $- | $- | $- | $577.00K | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- |
| Other Non Cash Items | $22.80M | $-34.30M | $-18.07M | $-3.27M | $-156.23M | $-5.44M | $4.44M | $-6.29M | $45.99M | $-34.16M | $6.97M | $9.44M | $- | $- | $- | $- | $- | $- | $- | $- |
| Net Cash Provided by Operating Activities | $22.80M | $-34.30M | $44.00M | $970.20K | $-31.29M | $-2.70M | $20.20M | $7.50M | $55.94M | $-21.40M | $18.30M | $9.70M | $19.46M | $8.80M | $14.70M | $15.40M | $18.48M | $2.00M | $18.20M | $5.20M |
| Investments in Property Plant and Equipment | $- | $- | $- | $- | $- | $- | $- | $-6.30M | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- |
| Acquisitions Net | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- |
| Purchases of Investments | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- |
| Sales Maturities of Investments | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- |
| Other Investing Activities | $43.40M | $-109.90M | $-24.26M | $-2.55M | $22.00M | $140.90M | $-9.20M | $-6.17M | $-152.19M | $1.90M | $-21.90M | $- | $- | $- | $- | $- | $- | $- | $- | $- |
| Net Cash Used for Investing Activities | $43.40M | $-109.90M | $-259.00M | $-2.55M | $22.00M | $15.50M | $-9.20M | $-6.30M | $-152.19M | $1.90M | $-21.90M | $- | $- | $- | $- | $- | $-140.00K | $-4.70M | $- | $- |
| Debt Repayment | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- |
| Common Stock Issued | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- |
| Common Stock Repurchased | $- | $- | $- | $- | $-394.00K | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- |
| Dividends Paid | $- | $- | $-3.70M | $- | $-173.69M | $- | $- | $-8.63M | $-8.55M | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- |
| Other Financing Activities | $2.60M | $-39.50M | $-35.90M | $13.81M | $8.21M | $4.80M | $-6.70M | $-90.30M | $108.77M | $6.40M | $-14.00M | $-13.90M | $-14.57M | $-12.20M | $12.90M | $-109.47M | $-13.06M | $-108.14M | $-10.00M | $-15.90M |
| Net Cash Used Provided by Financing Activities | $2.60M | $-39.50M | $-39.60M | $13.84M | $-181.29M | $4.80M | $-6.70M | $-16.70M | $100.22M | $26.50M | $-14.00M | $-13.90M | $-14.57M | $-12.20M | $6.80M | $-12.80M | $-13.06M | $-12.20M | $-10.00M | $-15.90M |
| Effect of Forex Changes on Cash | $-14.20M | $1.90M | $-31.60M | $31.40M | $- | $-5.80M | $1.23M | $100.00K | $-5.48M | $5.50M | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- |
| Net Change in Cash | $54.60M | $-182.00M | $-286.10M | $12.10M | $-8.86M | $11.80M | $4.30M | $-15.40M | $-1.51M | $12.50M | $-17.60M | $-4.20M | $4.92M | $-3.50M | $21.50M | $2.60M | $5.33M | $-15.00M | $8.30M | $-10.80M |
| Cash at End of Period | $172.80M | $118.20M | $300.20M | $54.17M | $42.34M | $51.20M | $39.40M | $35.10M | $50.49M | $52.00M | $39.50M | $57.10M | $61.32M | $56.40M | $59.90M | $38.40M | $35.73M | $30.40M | $45.40M | $37.10M |
| Cash at Beginning of Period | $118.20M | $300.20M | $586.30M | $42.07M | $51.20M | $39.40M | $35.10M | $50.50M | $52.00M | $39.50M | $57.10M | $61.30M | $56.40M | $59.90M | $38.40M | $35.80M | $30.40M | $45.40M | $37.10M | $47.90M |
| Operating Cash Flow | $22.80M | $-34.30M | $44.00M | $970.20K | $-31.29M | $-2.70M | $20.20M | $7.50M | $55.94M | $-21.40M | $18.30M | $9.70M | $19.46M | $8.80M | $14.70M | $15.40M | $18.48M | $2.00M | $18.20M | $5.20M |
| Capital Expenditure | $- | $- | $- | $- | $- | $- | $- | $-6.30M | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- |
| Free Cash Flow | $22.80M | $-34.30M | $44.00M | $970.20K | $-31.29M | $-2.70M | $20.20M | $1.20M | $55.94M | $-21.40M | $18.30M | $9.70M | $19.46M | $8.80M | $14.70M | $15.40M | $18.48M | $2.00M | $18.20M | $5.20M |
American Shipping Company ASA, through its subsidiaries, operates as a ship owning and lease finance company in the United States. The company is involved in the purchase and bareboat chartering of product tankers, shuttle tankers, and other vessels to operators and end users in the Jones Act market. It operates a fleet of nine product tankers and one shuttle tanker. The company was formerly known as American Shipping Company ASA and changed its name to AMSC ASA in October 2022. AMSC ASA was incorporated in 2005 and is headquartered in Lysaker, Norway.
Industrials
Marine Shipping
$2.85
Stock Price
$204.81M
Market Cap
-
Employees
Lysaker, None
Location
Revenue (FY 2024)
$-
0.0% YoY
Net Income (FY 2024)
$68.22M
264.9% YoY
EPS (FY 2024)
$0.95
265.4% YoY
Free Cash Flow (FY 2024)
$28.80M
145.0% YoY
Profitability
Gross Margin
0.0%
Net Margin
0.0%
ROE
3.1%
ROA
3.1%
Valuation
P/E Ratio
26.99
P/S Ratio
0.00
EV/EBITDA
24.54
Market Cap
$204.81M
Revenue & Net Income
Profit Margins
Cash Flow Summary
Operating Cash Flow
$28.80M
128.0% YoY
Free Cash Flow
$28.80M
145.0% YoY
Balance Sheet Summary
Total Assets
$2.21B
13.3% YoY
Total Debt
$-
0.0% YoY
Shareholder Equity
$2.20B
17.1% YoY
Dividend Overview
$0.35
Latest Dividend
%
Dividend Yield
%
Payout Ratio
Recent Dividend History
| Date | Amount | Type |
|---|---|---|
| 2025-02-17 | $0.35 | February 17, 25 |
| 2024-11-05 | $0.01 | November 05, 24 |
| 2024-07-22 | $0.01 | July 22, 24 |
| 2024-05-22 | $0.01 | May 22, 24 |
| 2024-03-06 | $0.05 | March 06, 24 |
| 2023-11-28 | $0.05 | November 28, 23 |
| 2023-10-24 | $2.37 | October 24, 23 |
| 2023-08-29 | $0.12 | August 29, 23 |
| 2023-05-30 | $0.12 | May 30, 23 |
| 2023-03-06 | $0.12 | March 06, 23 |
American Shipping ASA Dividends
Explore American Shipping ASA's dividend history, including dividend yield, payout ratio, and historical payments.
Dividend Yield
2.94%
Dividend Payout Ratio
79.27%
Dividend Paid & Capex Coverage Ratio
0.53x
American Shipping ASA Dividend History
| Dividend | Adjusted Dividend | Date | Record Date | Payment Date | Declaration Date |
|---|---|---|---|---|---|
| $0.35333 | $0.35333 | February 17, 2025 | February 18, 2025 | February 25, 2025 | |
| $0.005 | $0.005 | November 05, 2024 | November 06, 2024 | November 12, 2024 | |
| $0.005 | $0.005 | July 22, 2024 | July 23, 2024 | July 30, 2024 | |
| $0.005 | $0.005 | May 22, 2024 | May 23, 2024 | May 30, 2024 | |
| $0.05108967 | $0.05108967 | March 06, 2024 | March 07, 2024 | March 15, 2024 | |
| $0.05046285 | $0.05046285 | November 28, 2023 | November 29, 2023 | December 07, 2023 | |
| $2.366 | $2.366 | October 24, 2023 | October 25, 2023 | November 01, 2023 | |
| $0.12131 | $0.12131 | August 29, 2023 | August 30, 2023 | September 07, 2023 | |
| $0.11775 | $0.11775 | May 30, 2023 | May 31, 2023 | June 08, 2023 | |
| $0.11996 | $0.11996 | March 06, 2023 | March 07, 2023 | March 15, 2023 | |
| $1.1912 | $1.1912 | November 28, 2022 | November 29, 2022 | December 07, 2022 | |
| $1.1592 | $1.1592 | August 29, 2022 | August 30, 2022 | September 07, 2022 | |
| $0.12019 | $0.12019 | May 25, 2022 | May 27, 2022 | June 10, 2022 | |
| $0.11843 | $0.11843 | March 03, 2022 | March 04, 2022 | March 14, 2022 | |
| $0.11915 | $0.11915 | November 25, 2021 | November 26, 2021 | December 06, 2021 | |
| $0.10058 | $0.10058 | August 26, 2021 | August 27, 2021 | September 03, 2021 | |
| $0.8321 | $0.8321 | May 26, 2021 | May 27, 2021 | June 04, 2021 | |
| $0.847 | $0.847 | February 18, 2021 | February 19, 2021 | March 01, 2021 | |
| $0.8975 | $0.8975 | November 26, 2020 | November 27, 2020 | December 07, 2020 | |
| $0.8958 | $0.8958 | August 27, 2020 | August 28, 2020 | September 07, 2020 |
American Shipping ASA News
Read the latest news about American Shipping ASA, including recent articles, headlines, and updates.
AMSC ASA: Solid Undercovered Stock, 12% Yield, Industry Tailwinds
AMSC ASA is a Jones Act ship finance company with several industry tailwinds - no new vessels available until 2028 is supportive of higher rates. Revenue and EBITDA rose ~39% in Q1 '23. AMSC ASA receives very little media coverage in the U.S.
Overseas Shipholding Group Announces Charter Option Extensions for Vessels Leased from American Shipping Company
TAMPA, Fla.--( BUSINESS WIRE )--Overseas Shipholding Group, Inc. (NYSE: OSG) (“OSG”), a provider of energy transportation services for crude oil and petroleum products in the U.S. Flag markets, today announced that it has exercised options to extend its bareboat charter agreements with American Shipping Company ASA (Oslo Stock Exchange: AMSC / OTCQX: ASCJF) for six vessels. The six bareboat charter extensions provide for additional three-year terms commencing in December 2023. With these extensions, seven vessels will continue on lease from AMSC – six with maturity dates aligned to end in December 2026 and one with a maturity of 2025.
American Shipping Company: Let's Look At This Shipping With 10%+ Yield
A subscriber out of Norway recently asked me to take a look at one of his favorite investments in Norway - AMSC ASA, a shipping company. The company owns a fleet of 11 vessels in turn chartered to a number of different companies. All vessels are relatively new - and the yield is absolutely massive.
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Related Metrics
Explore detailed financial metrics and analysis for ASCJF.