EBIT Margin of Ardmore Shipping Corporation (ASC) is -10.20

Earnings before interest and taxes is an indicator of a company's profitability. EBIT is also referred to as operating earnings, operating profit, and profit before interest and taxes. EBIT is an especially useful metric because it helps to identify a company's ability to generate enough earnings to be profitable, pay down debt, and fund ongoing operations. Lower EBIT Margins indicate lower profitability from a company.

 

Source: Investopedia

EBIT Margin
Aug 18Sep 18Oct 18Nov 18Dec 18Jan 19Feb 19Mar 19Apr 19May 19Jun 19Jul 19
-0.90-0.90-0.90-0.90-4.30-4.30-4.30-9.50-9.50-10.20-10.20-10.20