See more : Nordex SE (NRXXY) Income Statement Analysis – Financial Results
Complete financial analysis of American Shipping Company ASA (ASCJF) income statement, including revenue, profit margins, EPS and key performance metrics. Get detailed insights into the financial performance of American Shipping Company ASA, a leading company in the Marine Shipping industry within the Industrials sector.
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American Shipping Company ASA (ASCJF)
About American Shipping Company ASA
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.
| Metric | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | 2012 | 2011 | 2010 | 2009 | 2008 | 2007 | 2006 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | 0.00 | 93.65M | 88.19M | 88.20M | 87.80M | 87.80M | 87.80M | 88.04M | 87.79M | 87.64M | 87.35M | 87.79M | 83.87M | 68.32M | 54.36M | 33.34M | 12.70M | 0.00 |
| Cost of Revenue | 0.00 | 38.58M | 36.00M | 35.21M | 34.84M | 35.60M | 34.93M | 35.39M | 35.05M | 34.74M | 34.96M | 34.94M | 108.00K | 99.00K | 0.00 | 0.00 | 0.00 | 0.00 |
| Gross Profit | 0.00 | 55.07M | 52.19M | 53.00M | 52.96M | 52.20M | 52.87M | 52.65M | 52.74M | 52.90M | 52.40M | 52.85M | 83.76M | 68.22M | 54.36M | 33.34M | 12.70M | 0.00 |
| Gross Profit Ratio | 0.00% | 58.81% | 59.18% | 60.08% | 60.32% | 59.46% | 60.22% | 59.81% | 60.07% | 60.36% | 59.98% | 60.20% | 99.87% | 99.86% | 100.00% | 100.00% | 100.00% | 0.00% |
| Research & Development | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| General & Administrative | 0.00 | 31.00K | 0.00 | 0.00 | 0.00 | 0.00 | 156.00K | 176.00K | 205.00K | 164.00K | 248.00K | 180.00K | 143.00K | 0.00 | 0.00 | 0.00 | 215.00K | 505.00K |
| Selling & Marketing | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| SG&A | 5.61M | 31.00K | 1.76M | 1.20M | 1.22M | 0.00 | 156.00K | 176.00K | 205.00K | 164.00K | 248.00K | 180.00K | 143.00K | 0.00 | 0.00 | 0.00 | 215.00K | 505.00K |
| Other Expenses | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 12.18M | 11.22M | 0.00 | 0.00 | 0.00 |
| Operating Expenses | 5.61M | 3.06M | 2.98M | 1.99M | 2.14M | 1.84M | 1.89M | 1.87M | 2.01M | 2.23M | 1.68M | 1.83M | 43.69M | 36.51M | 37.11M | -67.38M | 8.66M | 650.00K |
| Cost & Expenses | 5.61M | 41.64M | 38.99M | 37.20M | 36.99M | 37.44M | 36.82M | 37.26M | 37.06M | 36.97M | 36.64M | 36.77M | 43.80M | 36.51M | 37.11M | -67.38M | 8.66M | 650.00K |
| Interest Income | 1.45M | 1.66M | 1.78M | 1.74M | 2.19M | 2.37M | 2.12M | 2.02M | 2.14M | 2.55M | 1.61M | 1.70M | 13.06M | 728.00K | 22.24M | 5.43M | 4.28M | 1.57M |
| Interest Expense | 0.00 | 33.71M | 29.38M | 35.45M | 39.86M | 41.10M | 44.95M | 37.34M | 45.95M | 50.98M | 54.88M | 60.65M | 60.59M | 65.24M | 52.27M | 90.32M | 11.79M | 159.00K |
| Depreciation & Amortization | 8.27M | 357.88M | 33.50M | 37.57M | 33.92M | 31.82M | 34.21M | 33.50M | 34.17M | 33.87M | 33.52M | 33.61M | 41.12M | 34.18M | 27.93M | 17.48M | 6.87M | 8.58M |
| EBITDA | 2.86M | 87.89M | 87.43M | 91.44M | 83.76M | 84.12M | 89.66M | 88.42M | 81.74M | 87.97M | 99.20M | 68.71M | 94.25M | 78.89M | 78.65M | 118.20M | -24.83M | 20.61M |
| EBITDA Ratio | 0.00% | 93.85% | 93.54% | 85.10% | 95.39% | 95.80% | 100.35% | 99.99% | 93.11% | 100.38% | 113.56% | 78.26% | 112.38% | 115.47% | 144.67% | 354.53% | -195.57% | 0.00% |
| Operating Income | -5.40M | 52.02M | 49.21M | 51.01M | 50.82M | 50.37M | 50.98M | 50.78M | 50.72M | 50.67M | 50.72M | 51.02M | 40.07M | 31.81M | 17.26M | 10.40M | 4.04M | -650.00K |
| Operating Income Ratio | 0.00% | 55.54% | 55.79% | 57.83% | 57.88% | 57.36% | 58.06% | 57.68% | 57.78% | 57.82% | 58.06% | 58.12% | 47.77% | 46.56% | 31.74% | 31.20% | 31.82% | 0.00% |
| Total Other Income/Expenses | -383.48K | 27.93M | -25.65M | -49.34M | -44.02M | -40.45M | -39.97M | -33.74M | -36.59M | -27.42M | -19.81M | -100.60M | -283.70M | -307.70M | -101.56M | -147.02M | -258.63M | 12.81M |
| Income Before Tax | -5.79M | 28.87M | 23.56M | 1.67M | 6.80M | 9.91M | 11.01M | 17.04M | 14.13M | 23.26M | 30.91M | -8.88M | -7.46M | -20.53M | -1.55M | -74.49M | -43.48M | 7.77M |
| Income Before Tax Ratio | 0.00% | 30.83% | 26.72% | 1.89% | 7.74% | 11.29% | 12.54% | 19.36% | 16.10% | 26.54% | 35.38% | -10.11% | -8.90% | -30.06% | -2.86% | -223.41% | -342.45% | 0.00% |
| Income Tax Expense | 5.78M | 10.22M | 10.15M | -16.51M | -1.51M | 1.32M | -2.30M | 9.93M | -575.00K | 275.00K | 14.96M | -15.93M | 13.06M | 12.90M | -247.00K | 232.00K | 620.00K | 39.00K |
| Net Income | -11.14M | 18.65M | 13.41M | 18.18M | 8.30M | 8.59M | 13.31M | 7.11M | 14.71M | 22.98M | 30.91M | -8.88M | -7.46M | -20.53M | -1.31M | -74.72M | -35.92M | 10.45M |
| Net Income Ratio | 0.00% | 19.92% | 15.20% | 20.61% | 9.46% | 9.78% | 15.16% | 8.08% | 16.76% | 26.22% | 35.38% | -10.11% | -8.90% | -30.06% | -2.40% | -224.11% | -282.91% | 0.00% |
| EPS | 0.26 | 0.29 | 0.22 | 0.30 | 0.14 | 0.14 | 0.22 | 0.12 | 0.24 | 0.38 | 1.12 | -0.32 | -0.27 | -0.74 | -0.05 | -2.71 | -1.30 | 0.38 |
| EPS Diluted | 0.26 | 0.29 | 0.22 | 0.30 | 0.14 | 0.14 | 0.22 | 0.12 | 0.24 | 0.38 | 1.12 | -0.32 | -0.27 | -0.74 | -0.05 | -2.71 | -1.30 | 0.38 |
| Weighted Avg Shares Out | 71.86M | 63.46M | 60.62M | 60.62M | 60.62M | 60.62M | 60.62M | 60.62M | 60.62M | 60.21M | 27.60M | 27.60M | 27.60M | 27.60M | 27.60M | 27.60M | 27.60M | 27.60M |
| Weighted Avg Shares Out (Dil) | 71.86M | 63.46M | 60.62M | 60.62M | 60.62M | 60.62M | 60.62M | 60.62M | 60.62M | 60.21M | 27.60M | 27.60M | 27.60M | 27.60M | 27.60M | 27.60M | 27.60M | 27.60M |
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...
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...
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...
American Shipping Company: 13% Yield, A Classic Hidden Dividend Stock
American Shipping Company yields 13.04%, and pays quarterly. It's a core holding in the HDS+ portfolio, with a total return from inception of 82.72%.
Overseas Shipholding Group Announces Charter Option Decisions for Vessels Leased from American Shipping Company
TAMPA, Fla.--(BUSINESS WIRE)--Overseas Shipholding Group Announces Charter Option Decisions for Vessels Leased from American Shipping Company
Source: https://incomestatements.info
Category: Stock Reports