American Shipping Company ASA

(OTCQX:ASCJF)

Latest On American Shipping Company ASA (ASCJF):

Date/Time Type Description Signal Details
2024-07-23 06:11 ESTDividendA dividend of $0.55 has been announced on Jul 17, 2024. It will be paid Jul 30, 2024 with an ex-dividend date of Jul 23, 2024.Neutral
2024-05-21 06:12 ESTDividendA dividend of $0.55 has been announced on May 16, 2024. It will be paid May 30, 2024 with an ex-dividend date of May 21, 2024.Neutral
2024-03-06 05:26 ESTDividendA dividend of $0.54 has been announced on Nov 30, -0001. It will be paid Mar 15, 2024 with an ex-dividend date of Mar 6, 2024.Neutral
2023-11-28 05:11 ESTDividendA dividend of $0.05 has been announced on Nov 30, -0001. It will be paid Dec 7, 2023 with an ex-dividend date of Nov 28, 2023.Neutral
2023-10-24 06:10 ESTDividendA dividend of $26.19 has been announced on Oct 19, 2023. It will be paid Nov 1, 2023 with an ex-dividend date of Oct 24, 2023.Neutral
2023-05-30 06:13 ESTDividendA dividend of $0.12 has been announced on May 24, 2023. It will be paid Jun 8, 2023 with an ex-dividend date of May 30, 2023.Neutral
2023-03-01 06:18 ESTNewsAMSC ASA: Revisiting This Small Company For 2023N/A
2022-12-05 03:35 ESTNewsAmerican Shipping Company: Let's Look At This Shipping With 10%+ YieldN/A
2022-11-28 05:11 ESTDividendA dividend of $0.12 has been announced on Nov 22, 2022. It will be paid Dec 7, 2022 with an ex-dividend date of Nov 28, 2022.Neutral
2022-09-19 01:11 ESTNewsAmerican Shipping Company: 13% Yield, A Classic Hidden Dividend StockN/A
2022-08-29 06:11 ESTDividendA dividend of $0.12 has been announced on Aug 23, 2022. It will be paid Sep 7, 2022 with an ex-dividend date of Aug 29, 2022.Neutral
2022-05-25 06:10 ESTDividendA dividend of $0.12 has been announced on May 18, 2022. It will be paid Jun 10, 2022 with an ex-dividend date of May 25, 2022.Neutral
2021-11-24 05:13 ESTDividendA dividend of $0.12 has been announced on Nov 19, 2021. It will be paid Dec 6, 2021 with an ex-dividend date of Nov 24, 2021.Neutral
2021-08-26 06:15 ESTDividendA dividend of $0.1 has been announced on Aug 20, 2021. It will be paid Sep 3, 2021 with an ex-dividend date of Aug 26, 2021.Neutral
2021-02-15 06:14 ESTFinancialsCompany financials have been released.Neutral
2020-12-04 06:27 ESTFinancialsCompany financials have been released.Neutral
2020-11-27 00:47 ESTFinancialsCompany financials have been released.Neutral
2020-11-22 10:57 ESTFinancialsCompany financials have been released.Neutral
2020-10-08 21:09 ESTFinancialsCompany financials have been released.Neutral
2020-10-04 15:26 ESTFinancialsCompany financials have been released.Neutral
2020-09-26 16:39 ESTFinancialsCompany financials have been released.Neutral
2020-09-17 09:18 ESTFinancialsCompany financials have been released.Neutral
2020-08-23 03:19 ESTFinancialsCompany financials have been released.Neutral
2020-08-14 12:44 ESTFinancialsCompany financials have been released.Neutral
2020-08-06 16:27 ESTFinancialsCompany financials have been released.Neutral
2020-08-04 19:43 ESTFinancialsCompany financials have been released.Neutral
2020-07-31 12:07 ESTFinancialsCompany financials have been released.Neutral
2020-07-31 04:34 ESTFinancialsCompany financials have been released.Neutral
2020-07-30 20:43 ESTFinancialsCompany financials have been released.Neutral
2020-07-30 08:32 ESTFinancialsCompany financials have been released.Neutral
2020-07-30 00:50 ESTFinancialsCompany financials have been released.Neutral
2020-07-28 16:09 ESTFinancialsCompany financials have been released.Neutral
2020-07-27 16:25 ESTFinancialsCompany financials have been released.Neutral
2020-07-23 21:15 ESTFinancialsCompany financials have been released.Neutral
2020-07-09 12:35 ESTFinancialsCompany financials have been released.Neutral
2020-07-09 07:34 ESTFinancialsCompany financials have been released.Neutral
2020-07-02 23:38 ESTFinancialsCompany financials have been released.Neutral
2020-07-01 20:14 ESTFinancialsCompany financials have been released.Neutral
2020-07-01 04:06 ESTFinancialsCompany financials have been released.Neutral
2020-06-25 07:28 ESTFinancialsCompany financials have been released.Neutral
2020-06-19 16:05 ESTFinancialsCompany financials have been released.Neutral
2020-06-14 08:16 ESTFinancialsCompany financials have been released.Neutral
2020-06-12 09:50 ESTFinancialsCompany financials have been released.Neutral
2020-06-07 19:50 ESTFinancialsCompany financials have been released.Neutral
2020-06-05 15:36 ESTFinancialsCompany financials have been released.Neutral
2020-06-03 19:27 ESTFinancialsCompany financials have been released.Neutral
2020-05-27 08:54 ESTFinancialsCompany financials have been released.Neutral
2020-05-24 03:11 ESTFinancialsCompany financials have been released.Neutral
2020-05-21 04:40 ESTFinancialsCompany financials have been released.Neutral
2020-05-14 03:55 ESTFinancialsCompany financials have been released.Neutral

About American Shipping Company ASA (ASCJF):

American Shipping Company ASA, through its subsidiaries, operates as a ship owning and lease finance company in the United States. It 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. The company operates a fleet of nine product tankers and one shuttle tanker. The company was formerly known as Aker American Shipping ASA and changed its name to American Shipping Company ASA in June 2008. American Shipping Company ASA was founded in 2005 and is headquartered in Lysaker, Norway.

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General

  • Name American Shipping Company ASA
  • Symbol ASCJF
  • Type Common Stock
  • Exchange OTCQX
  • Currency USD
  • Country USA
  • SectorIndustrials
  • IndustryMarine Shipping
  • Fiscal Year EndDecember
  • Web URLhttp://www.americanshippingco.com
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Valuation

  • Trailing PE 12.6
  • Forward PE 91.74
  • Price/Sales (Trailing 12 Mt.) 2.6
  • Price/Book (Most Recent Quarter) 1.42
  • Enterprise Value Revenue 8.43
  • Enterprise Value EBITDA 10.42
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Financials

  • Most Recent Quarter 2020-12-31
  • Profit Margin 21%
  • Operating Margin 58%
  • Return on Assets 4%
  • Return on Equity 11%
  • Revenue 88.2 million
  • Earnings Per Share $0.30
  • Revenue Per Share $1.46
  • Gross Profit 85.2 million
  • Quarterly Earnings Growth 0.4%
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Highlights

  • Market Capitalization 234.05 million
  • EBITDA 85.18 million
  • Book Value Per Share $2.66
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Share Statistics

  • Shares Outstanding 60.62 million
  • Shares Float 44.04 million
  • % Held by Insiders 3018%
  • % Held by Institutions 28.9%
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Technicals

  • Beta 0.88
  • 52 Week High $3.87
  • 52 Week Low $0.78
  • 50 Day Moving Average 3.59
  • 200 Day Moving Average 3.31
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Dividends

  • Forward Annual Dividend Rate $0.39
  • Forward Annual Dividend Yield 9.95%
  • Payout Ratio 660%
  • Dividend Date 2020-03-16
  • ExDividend Date 2021-02-18
  • Dividend Per Share $0.38
  • Dividend Yield 0%
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American Shipping Company ASA (ASCJF) Dividend Calendar:

ASCJF's last dividend payment was made to shareholders on March 16, 2020.
American Shipping Company ASA pays out 660% of its earnings out as a dividend.

Ex-Dividend Date Payment Date Record Date Declared Date Amount

American Shipping Company ASA (ASCJF) Earnings History:

Companies typically report earnings on both a quarterly and annual basis. Earnings reported that deviate from analysts' expectations can have a large impact on a stock's price.


Quarter Date Report Date Actual Revenue Reported EPS EPS Estimate Deviation from Estimate
2020-09-302020-12-30$N/A$0.33$0.08310.38%
2020-06-302020-09-30$N/A-$0.07$0.05-248.4%
2020-03-312020-06-30$21.9 million$0.02$0.05-63.8%
2019-12-312020-03-31$22.1 million$0.03$0.06-56%
2019-09-302019-12-31$22.1 million$0.06$0.064.5%
2019-06-302019-09-30$21.9 million$0.05$0.0419.5%
2019-03-312019-06-30$21.6 million$0.01
2018-12-312019-03-31$22.1 million$0.01$0.05-70.4%
2018-09-302018-12-31$22.1 million$0.00$0.05-90.4%
2018-06-302018-09-30$21.9 million$0.04$0.05-20.8%
2018-03-312018-06-30$21.6 million$0.03$0.04-17.5%
2017-12-312018-03-31$22.1 million$0.06$0.064.5%
2017-09-302017-12-31$22.1 million$0.16$0.06172.5%
2017-06-302017-09-30$21.9 million$0.06$0.0515.4%
2017-03-312017-06-30$21.6 million$0.02$0.05-53.8%
2016-12-312017-03-31$22.14 million-$0.02$0.06-141.17%
2016-09-302016-12-31$0.12$0.0777%
2016-06-302016-09-30$0.04$0.06-39.5%
2016-03-312016-06-30-$0.01$0.06-116.5%
2015-12-312016-03-31-$0.03$0.04-182.5%
2015-09-302015-12-31-$0.05$0.06-179.83%
2015-06-302015-09-30$0.07$0.0615.5%
2015-03-312015-06-30$0.07
2014-12-312015-03-31$0.07
2014-09-302014-12-31$0.06
2014-06-302014-09-30$0.05
2014-03-312014-06-30$0.04
2013-12-312014-03-31$0.22
2013-09-302013-12-31$0.16
2013-06-302013-09-30$0.04
2013-03-312013-06-30$0.47$0.00
2012-12-312013-03-31$0.44$0.00
2012-09-302012-12-31$0.02$0.00
2012-06-302012-09-30-$0.47$0.00
2012-03-312012-06-30$0.43$0.00
2011-12-312012-03-31-$0.30$0.00
2011-09-302011-12-31$0.28$0.00
2011-06-302011-09-30$0.28$0.00
2011-03-312011-06-30-$0.62$0.00
2010-12-312011-03-31-$0.20$0.00
2010-09-302010-12-31$0.90$0.00

American Shipping Company ASA (ASCJF) Company Financial Statements:

Financial statements are reports prepared by a company's management to present their financial performance and position at a point in time. A general-purpose set of financial statements usually includes a balance sheet, income statements, and statement of cash flows.

Income Statement:
Date Dec 31 2020 Sep 30 2020 Jun 30 2020 Mar 31 2020 Dec 31 2019
Research Development N/A N/A N/A N/A N/A
Income Before Tax N/A N/A N/A 1.6 million 2.5 million
Selling General Administrative N/A N/A N/A N/A N/A
Gross Profit N/A N/A N/A 13.5 million 12.56 million
Ebit N/A N/A N/A 13.8 million 10.06 million
Operating Income N/A N/A N/A 12.7 million 12.72 million
Income Tax Expense -14.4 million -2.1 million N/A N/A -1.31 million
Total Revenue N/A N/A N/A 21.9 million 22.1 million
Cost of Revenue N/A N/A N/A 8.4 million 9.54 million
Total Other Income Expense Net N/A N/A N/A N/A -10.3 million
Net Income From Continuing Operations N/A N/A N/A 1.6 million 3.8 million
Net Income Applicable to Common Shares 19.9 million -4.5 million 1.1 million 1.6 million 3.8 million
Cash Flow:
Date Sep 30 2020 Jun 30 2020 Mar 31 2020 Dec 31 2019 Sep 30 2019
Investments N/A N/A N/A -938000 N/A
Change to Liabilities N/A N/A N/A N/A N/A
Total Cash Flow from Investing Activities -4.7 million N/A N/A -938000 -938000
Net Borrowings N/A N/A N/A -36.51 million 22.3 million
Total Cash Flow from Financial Activities N/A N/A N/A -13.3 million -11.9 million
Change to Operating Activities N/A N/A N/A -7.18 million -7.18 million
Change in Cash N/A N/A -10.7 million -5.05 million -4.3 million
Total Cash from Operating Activities 2 million 18.2 million 5.2 million 9.21 million 7.6 million
Depreciation N/A N/A N/A 8.6 million 8.5 million
Other Cash Flow from Investing Activities -4.7 million N/A N/A -16.3 million 16.3 million
Change to Inventory N/A N/A N/A N/A N/A
Change to Account Receivables N/A N/A N/A N/A N/A
Other Cash Flow from Financing Activities -12.3 million -10 million -15.9 million 28.19 million -29.5 million
Change to Net Income 21.6 million 8.6 million -4.8 million 4.02 million -3.8 million
Capital Expenditures N/A N/A N/A N/A N/A
Balance Sheet:
Date Dec 31 2020 Sep 30 2020 Jun 30 2020 Mar 31 2020 Dec 31 2019
Total Liabailities N/A N/A N/A 570.9 million 587.39 million
Total Stockholder Equity N/A N/A N/A 161.8 million 164.97 million
Other Current Liabilities 8.3 million 4.6 million N/A N/A 1000
Total Assets N/A N/A N/A 732.7 million 752.36 million
Common Stock 161.3 million 147.5 million 157.9 million 161.8 million 96.37 million
Other Current Assets 900000 500000 N/A 100000 1.6 million
Retained Earnings N/A N/A N/A N/A -40.66 million
Other Liabilities 9.2 million -8 million 11.2 million 11.3 million 11.39 million
Other Assets 38.1 million 23.8 million 24.3 million 24.8 million 25.28 million
Cash N/A N/A N/A 36.3 million 46.24 million
Total Current Liabilities 35.1 million 31.4 million N/A 47.3 million 52.52 million
Other Stockholder Equity N/A N/A N/A N/A N/A
Property, Plant & Equipment 649.5 million 658.1 million 662 million 670.4 million 678.85 million
Total Current Assets 36.1 million 30.5 million N/A 37.5 million 48.23 million
Long Term Investments N/A N/A N/A N/A N/A
Net Tangible Assets 161.3 million 147.5 million 157.9 million 161.8 million 164.97 million
Short Term Investments N/A N/A N/A N/A N/A
Long Term Debt N/A N/A N/A 516.2 million 522.64 million
Inventory N/A N/A N/A N/A N/A
Accounts Payable N/A N/A N/A N/A 156000

American Shipping Company ASA (ASCJF) Chart:

American Shipping Company ASA (ASCJF) News:

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American Shipping Company ASA (ASCJF) Options:

A stock option is a contract between two parties in which the stock option buyer (holder) purchases the right (but not the obligation) to buy/sell 100 shares of an underlying stock at a predetermined price from/to the option seller (writer) within a fixed period of time.

Expiration Date Strike Last Price Type Volume Open Interest Implied Volatility In The Money Change Change Percent

American Shipping Company ASA (ASCJF) SEC Filings:

An SEC filing is a financial statement or other formal document submitted to the U.S. Securities and Exchange Commission (SEC). Public companies, certain insiders, and broker-dealers are required to make regular SEC filings.

Date Form Type Form Name Link