American Shipping Company ASA

Industrials US ASCJF

0.125USD
-(-%)

Last update at 2025-05-21T20:00:00Z

Day Range

2.652.65
LowHigh

52 Week Range

1.773.14
LowHigh

Fundamentals

  • Previous Close 0.12
  • Market Cap177.86M
  • Volume21130
  • P/E Ratio5.16
  • Dividend Yield8.79%
  • EBITDA2.86M
  • Revenue TTM116.35M
  • Revenue Per Share TTM1.62
  • Gross Profit TTM 88.60M
  • Diluted EPS TTM0.48

Source: TradingView
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Financials

Income Statement

Balance Sheet

Change in Cash

Total Operating Cash

Dividends Paid

Breakdown 2022-12-31 2021-12-31 2020-12-31 2019-12-31 2018-12-31
Type yearly yearly yearly yearly yearly
Date 2022-12-31 2021-12-31 2020-12-31 2019-12-31 2018-12-31
Income before tax 28.87M 23.56M 1.67M 6.80M 9.91M
Minority interest - - - - 0.00000M
Net income 18.65M 13.41M 18.18M 8.30M 8.59M
Selling general administrative - - - - 1.91M
Selling and marketing expenses - - - - -
Gross profit 55.07M 52.19M 53.00M 52.96M 52.20M
Reconciled depreciation 36.52M 34.40M 34.17M 33.86M 33.86M
Ebit 52.10M 49.21M 51.01M 50.82M 50.36M
Ebitda 99.09M 87.34M 71.29M 80.52M 84.86M
Depreciation and amortization - - - - -
Non operating income net other - - - - 0.00000M
Operating income 52.02M 49.21M 51.01M 50.82M 50.36M
Other operating expenses - 2.83M 1.83M 1.91M 1.67M
Interest expense 33.70M 29.38M 35.45M 39.86M 41.09M
Tax provision 10.22M 10.15M -16.51300M -1.50500M 1.32M
Interest income 1.66M 1.78M 1.74M 2.19M 2.37M
Net interest income -34.62400M -30.02900M -45.59300M -40.67000M -41.15200M
Extraordinary items - - - - 0.00000M
Non recurring - - - - 0.00000M
Other items - - - - 0.00000M
Income tax expense 10.20M 10.15M -16.51300M -1.50500M 1.32M
Total revenue 93.65M 88.19M 88.20M 87.80M 87.80M
Total operating expenses 41.64M 38.99M 37.20M 36.99M 37.44M
Cost of revenue 38.58M 36.00M 35.21M 34.84M 35.60M
Total other income expense net - - - -44.00000M -40.45300M
Discontinued operations - - - - 0.00000M
Net income from continuing ops 18.65M 13.41M 18.18M 8.30M 8.59M
Net income applicable to common shares 18.70M 13.41M 18.18M 8.30M 8.59M
Preferred stock and other adjustments - - - - 0.00000M
Breakdown 2023-12-31 2022-12-31 2021-12-31 2020-12-31 2019-12-31
Type yearly yearly yearly yearly yearly
Date 2023-12-31 2022-12-31 2021-12-31 2020-12-31 2019-12-31
Total assets 191.86M 829.29M 713.56M 723.66M 752.36M
Intangible assets - - - - -
Earning assets - - - - -
Other current assets - 5.00M 5.45M 0.87M 1.61M
Total liab 77.35M 654.27M 564.36M 562.38M 587.39M
Total stockholder equity 114.51M 175.02M 149.21M 161.28M 164.97M
Deferred long term liab - - - - -
Other current liab - - 0.95M 0.40M 0.63M
Common stock - 175.00M 96.37M 96.37M 96.37M
Capital stock 10.71M 10.71M 96.37M 96.37M 96.37M
Retained earnings -17.94400M 9.51M -9.14100M -22.52100M -40.65600M
Other liab - 18.80M 16.17M 9.21M 11.38M
Good will - - - - -
Other assets - 10.40M 18.62M 38.08M 25.28M
Cash 42.22M 45.47M 55.87M 34.86M 46.24M
Cash and equivalents - - - - -
Total current liabilities 77.35M 80.20M 36.43M 35.19M 52.52M
Current deferred revenue - - - - -
Net debt - 587.75M 482.75M 508.77M 520.73M
Short term debt - - - - 44.33M
Short long term debt 0.00000M 77.96M 26.86M 26.86M 44.33M
Short long term debt total - - - - -
Other stockholder equity - - -0.00100M -0.00100M -
Property plant equipment - 750.80M 615.12M 649.52M 678.85M
Total current assets 191.83M 63.40M 76.19M 36.06M 48.23M
Long term investments - - - - -
Net tangible assets - 175.00M 149.21M 161.28M 164.97M
Short term investments - - - - -
Net receivables 2.03M 12.90M 14.78M 0.05M 0.11M
Long term debt 0.00000M 555.26M 511.76M 516.77M 522.64M
Inventory - - - - -
Accounts payable 0.33M 12.90M 0.11M 0.14M 0.16M
Total permanent equity - - - - -
Noncontrolling interest in consolidated entity - - - - -
Temporary equity redeemable noncontrolling interests - - - - -
Accumulated other comprehensive income - - - - -
Additional paid in capital - - - - -
Common stock total equity - - - - -
Preferred stock total equity - - - - -
Retained earnings total equity - - - - -
Treasury stock - - - - -
Accumulated amortization - - - - -
Non currrent assets other - 0.32M - - 704.13M
Deferred long term asset charges - - - - -
Non current assets total 0.03M 765.88M 637.37M 687.61M 704.13M
Capital lease obligations - - - - -
Long term debt total - - - - -
Breakdown 2022-12-31 2021-12-31 2020-12-31 2019-12-31 2018-12-31
Type yearly yearly yearly yearly yearly
Date 2022-12-31 2021-12-31 2020-12-31 2019-12-31 2018-12-31
Investments -172.18500M 0.00000M -4.84000M 16.29M 0.28M
Change to liabilities 0.00000M 0.00000M 0.00000M 0.00000M 0.00000M
Total cashflows from investing activities -172.10000M -172.10000M -4.84000M 15.36M 0.28M
Net borrowings - -6.86300M -19.23000M -36.51100M -28.38800M
Total cash from financing activities 98.80M -32.77400M -51.16200M -57.22100M -48.51000M
Change to operating activities - 2.01M 1.07M -7.17600M 0.99M
Net income 18.70M 13.41M 18.18M 8.30M 8.59M
Change in cash -10.80000M 25.59M -12.11700M -5.95000M -0.47000M
Begin period cash flow 61.32M 35.73M 47.85M 53.80M 54.27M
End period cash flow 50.49M 61.32M 35.73M 47.85M 53.80M
Total cash from operating activities 62.50M 58.36M 43.88M 35.91M 47.76M
Issuance of capital stock 47.78M 0.14M 0.10M - 0.00000M
Depreciation 36.50M 34.40M 34.17M 33.86M 33.86M
Other cashflows from investing activities -172.10000M -172.10000M -172.10000M -172.10000M -4.80000M
Dividends paid -30.50000M -25.45900M -21.82200M -19.39700M 19.40M
Change to inventory - - - - 0.00000M
Change to account receivables - - - - 0.00000M
Sale purchase of stock 0.00000M -0.16400M -0.14800M - 0.00000M
Other cashflows from financing activities 91.70M -0.42300M -10.06300M -1.31300M -0.72500M
Change to netincome 7.30M 8.54M -9.54000M 0.92M 4.32M
Capital expenditures 172.19M 0.00000M 4.84M 0.93M 0.93M
Change receivables - - - - 0.00000M
Cash flows other operating - - - - 0.00000M
Exchange rate changes - - - - 0.00000M
Cash and cash equivalents changes - - - - 0.00000M
Change in working capital 1.81M 2.01M 1.07M -7.17600M 0.99M
Stock based compensation - - - - -
Other non cash items 36.34M 30.38M 33.72M 37.67M 38.73M
Free cash flow -109.64800M 58.36M 39.05M 34.98M 47.76M

Peer Comparison

Sector: Industrials Industry: Marine Shipping

Company Change (USD) Price (USD) Trailing PE (x) Forward PE (x) Price Sales TTM (x) Price to Book Value (x) Enterprise Value to Revenue (x) Enterprise Value to EBITDA (x)
ASCJF
American Shipping Company ASA
- -% 0.12 5.16 8.43 2.92 1.03 2.31 12.44
CICOY
COSCO SHIPPING Holdings Co Ltd ADR
0.16 1.72% 9.48 4.54 5.81 0.15 0.79 0.54 2.00
CICOF
COSCO SHIPPING Holdings Co. Ltd
- -% 1.86 4.65 5.66 0.14 0.78 0.54 2.02
AMKBF
A.P. Møller - Mærsk A/S
- -% 1927.17 7.17 35.46 0.51 0.47 0.70 2.73
AMKAF
AP Moeller - Maersk A/S A
- -% 1832.63 6.77 33.44 0.51 0.45 0.70 2.61

Reports Covered

Stock Research & News

Profile

AMSC ASA, through its subsidiaries, invests in maritime assets and companies in the United States. It operates one international subsea construction vessel. 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.

American Shipping Company ASA

Building B, Lysaker, Norway, 1366

Key Executives

Name Title Year Born
Mr. Pal Lothe Magnussen CEO & Pres 1972
Mr. Morten Bakke Chief Financial Officer NA
Ms. Leigh Jaros Bus. Controller & Fin. Mang. NA
Mr. Scott Clapham VP of Engineering and Bus. Devel. 1974
Mr. Jeffrey Theisen VP of Fin. 1968
Mr. Pal Lothe Magnussen CEO & President 1972

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