Latest On American Shipping Company ASA (ASCJF):
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.
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
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
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%
Highlights
- Market Capitalization 234.05 million
- EBITDA 85.18 million
- Book Value Per Share $2.66
Share Statistics
- Shares Outstanding 60.62 million
- Shares Float 44.04 million
- % Held by Insiders 3018%
- % Held by Institutions 28.9%
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
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%
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 |
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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 |
---|---|---|---|---|---|
2020-09-30 | 2020-12-30 | $N/A | $0.33 | $0.08 | 310.38% |
2020-06-30 | 2020-09-30 | $N/A | -$0.07 | $0.05 | -248.4% |
2020-03-31 | 2020-06-30 | $21.9 million | $0.02 | $0.05 | -63.8% |
2019-12-31 | 2020-03-31 | $22.1 million | $0.03 | $0.06 | -56% |
2019-09-30 | 2019-12-31 | $22.1 million | $0.06 | $0.06 | 4.5% |
2019-06-30 | 2019-09-30 | $21.9 million | $0.05 | $0.04 | 19.5% |
2019-03-31 | 2019-06-30 | $21.6 million | $0.01 | ||
2018-12-31 | 2019-03-31 | $22.1 million | $0.01 | $0.05 | -70.4% |
2018-09-30 | 2018-12-31 | $22.1 million | $0.00 | $0.05 | -90.4% |
2018-06-30 | 2018-09-30 | $21.9 million | $0.04 | $0.05 | -20.8% |
2018-03-31 | 2018-06-30 | $21.6 million | $0.03 | $0.04 | -17.5% |
2017-12-31 | 2018-03-31 | $22.1 million | $0.06 | $0.06 | 4.5% |
2017-09-30 | 2017-12-31 | $22.1 million | $0.16 | $0.06 | 172.5% |
2017-06-30 | 2017-09-30 | $21.9 million | $0.06 | $0.05 | 15.4% |
2017-03-31 | 2017-06-30 | $21.6 million | $0.02 | $0.05 | -53.8% |
2016-12-31 | 2017-03-31 | $22.14 million | -$0.02 | $0.06 | -141.17% |
2016-09-30 | 2016-12-31 | $0.12 | $0.07 | 77% | |
2016-06-30 | 2016-09-30 | $0.04 | $0.06 | -39.5% | |
2016-03-31 | 2016-06-30 | -$0.01 | $0.06 | -116.5% | |
2015-12-31 | 2016-03-31 | -$0.03 | $0.04 | -182.5% | |
2015-09-30 | 2015-12-31 | -$0.05 | $0.06 | -179.83% | |
2015-06-30 | 2015-09-30 | $0.07 | $0.06 | 15.5% | |
2015-03-31 | 2015-06-30 | $0.07 | |||
2014-12-31 | 2015-03-31 | $0.07 | |||
2014-09-30 | 2014-12-31 | $0.06 | |||
2014-06-30 | 2014-09-30 | $0.05 | |||
2014-03-31 | 2014-06-30 | $0.04 | |||
2013-12-31 | 2014-03-31 | $0.22 | |||
2013-09-30 | 2013-12-31 | $0.16 | |||
2013-06-30 | 2013-09-30 | $0.04 | |||
2013-03-31 | 2013-06-30 | $0.47 | $0.00 | ||
2012-12-31 | 2013-03-31 | $0.44 | $0.00 | ||
2012-09-30 | 2012-12-31 | $0.02 | $0.00 | ||
2012-06-30 | 2012-09-30 | -$0.47 | $0.00 | ||
2012-03-31 | 2012-06-30 | $0.43 | $0.00 | ||
2011-12-31 | 2012-03-31 | -$0.30 | $0.00 | ||
2011-09-30 | 2011-12-31 | $0.28 | $0.00 | ||
2011-06-30 | 2011-09-30 | $0.28 | $0.00 | ||
2011-03-31 | 2011-06-30 | -$0.62 | $0.00 | ||
2010-12-31 | 2011-03-31 | -$0.20 | $0.00 | ||
2010-09-30 | 2010-12-31 | $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 |
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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 |
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