ASC is profitable, it has been delivering >5% EPS growth in the past 5 years and is projected to deliver >5% EPS growth in the future.
Debt/Equity ratio is <0.8x. I like it when it is less than 1x which means there is some liquidity there.
The shipping industry has been performing really well in the past couple of years due to rising shipping rates despite low volumes.
Even though the rates are declining with the easing of shipping interruptions, there is still high demand to ship globally.
As we go into Autumn and Winter, similarly there is an expected increase in LNG vessel demands.
Debt/Equity ratio is <0.8x. I like it when it is less than 1x which means there is some liquidity there.
The shipping industry has been performing really well in the past couple of years due to rising shipping rates despite low volumes.
Even though the rates are declining with the easing of shipping interruptions, there is still high demand to ship globally.
As we go into Autumn and Winter, similarly there is an expected increase in LNG vessel demands.