A control system for actively damping an output of an adjustable speed drive (ASD) having a DC link thin film capacitor is programmed to calculate a d-axis damping coefficient and a q-axis damping coefficient for stabilizing an output of the ASD based at least on a voltage across the DC link thin film capacitor at a steady operating point. The control system is further programmed to extract d-axis and q-axis perturbations in d-axis and q-axis output currents of the ASD using a high pass filter, damp the d-axis perturbation and the q-axis perturbation with the d-axis damping coefficient and the q-axis damping coefficient, respectively, and calculate a damping frequency based on the damped d-axis perturbation and the damped q-axis perturbation. The control system is also programmed to damp an angle of rotation of a reference motor speed command for controlling the ASD using the damping frequency.