Nordic Financial Statements From 2010 to 2024

Stocks . USA . 
Stock . Nordic American Tankers
NAT Stock  USD 2.99  0.01  0.33%   
Nordic American financial statements provide useful quarterly and yearly information to potential Nordic American Tankers investors about the company's current and past financial position, as well as its overall management performance and changes in financial position over time. Historical trend examination of various income statement and balance sheet accounts found on Nordic American financial statements helps investors assess Nordic American's valuation, profitability, and current liquidity needs. Key fundamental drivers impacting Nordic American's valuation are summarized below:
Gross Profit
105.4 M
Profit Margin
0.1693
Market Capitalization
624.3 M
Enterprise Value Revenue
2.3934
Revenue
364.2 M
There are currently one hundred twenty fundamental ratios for Nordic American that can be evaluated and compared over time across peers in the industry. All traders should check Nordic American's last-minute fundamentals against the performance from 2010 to 2024 and make sure the trends continue to evolve in the right direction. Market Cap is likely to drop to about 461.9 M in 2024. Enterprise Value is likely to drop to about 590.6 M in 2024

Nordic American Total Revenue

200.36 Million

Check Nordic American financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Nordic American's main balance sheet or income statement drivers, such as Depreciation And Amortization of 48.7 M, Interest Expense of 32 M or Selling General Administrative of 11.5 M, as well as many indicators such as Price To Sales Ratio of 2.13, Dividend Yield of 0.12 or PTB Ratio of 1.19. Nordic financial statements analysis is a perfect complement when working with Nordic American Valuation or Volatility modules.
  
Check out the analysis of Nordic American Correlation against competitors.

Nordic American Balance Sheet

Trends
Current ValueLast YearHistorical Average 10 Year Trend
Total Assets829.9 M879.2 M1 B
Very volatile
Other Current Liabilities32.7 M31.2 M16.8 M
Slightly volatile
Total Current Liabilities74 M70.5 M37.5 M
Slightly volatile
Total Stockholder Equity607.5 M538.3 M680.6 M
Pretty Stable
Property Plant And Equipment Net725.3 M770.1 M866.1 M
Very volatile
Cash35 M33.4 M49 M
Very volatile
Non Current Assets Total746.3 M770.3 M897.1 M
Very volatile
Non Currrent Assets Other147.2 K155 K19.6 M
Slightly volatile
Cash And Short Term Investments35 M31.1 M49 M
Very volatile
Net Receivables16.7 M26.3 M17.6 M
Pretty Stable
Common Stock Total Equity1.8 M1.7 M1.1 M
Slightly volatile
Common Stock Shares Outstanding219.3 M208.8 M118.2 M
Slightly volatile
Liabilities And Stockholders Equity829.9 M879.2 M1 B
Very volatile
Inventory44.5 M42.4 M20.8 M
Slightly volatile
Other Stockholder Equity677.6 M595.8 M679.3 M
Pretty Stable
Total Liabilities222.4 M340.9 M327.3 M
Slightly volatile
Total Current Assets83.6 M108.9 M110.8 M
Pretty Stable
Common Stock2.5 M2.4 M1.3 M
Slightly volatile
Short and Long Term Debt Total226.5 M301.6 M301.3 M
Slightly volatile
Accounts Payable4.5 M3.4 M4.9 M
Pretty Stable
Non Current Liabilities Total207.4 M270.4 M295.8 M
Pretty Stable
Short Term Debt30.3 M31.9 M157.3 M
Slightly volatile
Long Term Debt244.8 M269.7 M290.6 M
Slightly volatile
Property Plant Equipment776.8 M845.4 M853 M
Very volatile
Other Liabilities1.3 M1.3 M7.3 M
Slightly volatile
Current Deferred Revenue3.2 M3.9 M5.7 M
Pretty Stable
Other Assets2.3 M2.4 M8.5 M
Very volatile
Net Tangible Assets561.4 M486 M704.9 M
Slightly volatile
Good Will15.2 M17.1 M18.6 M
Slightly volatile
Deferred Long Term Liabilities10.7 M17.8 M11 M
Slightly volatile
Short and Long Term Debt30.3 M31.9 M174 M
Slightly volatile
Intangible Assets15.2 M17.1 M18.6 M
Slightly volatile
Long Term Debt Total274.1 M239.7 M306.5 M
Pretty Stable
Capital Surpluse615.7 M626.3 M786.9 M
Slightly volatile
Cash And Equivalents44.7 M53.6 M65.5 M
Slightly volatile
Net Invested Capital566.4 M839.9 M881.5 M
Slightly volatile
Net Working Capital52.2 M38.4 M81.4 M
Slightly volatile
Capital Stock1.9 M2.4 M1.6 M
Slightly volatile
Property Plant And Equipment Gross997.4 M1.2 B908.7 M
Pretty Stable
Non Current Liabilities Other933.6 K717 K991.4 K
Pretty Stable

Nordic American Income Statement

Trends
Current ValueLast YearHistorical Average 10 Year Trend
Depreciation And Amortization48.7 M51.4 M65.1 M
Very volatile
Selling General Administrative11.5 M22.9 M13.6 M
Slightly volatile
Total Revenue200.4 M391.7 M264 M
Slightly volatile
Other Operating Expenses178.5 M263.8 M257.5 M
Slightly volatile
Total Operating Expenses29.1 M22.9 M20.7 M
Pretty Stable
Cost Of Revenue162.2 M111.4 M229 M
Pretty Stable
Tax Provision62 K120 K82.6 K
Slightly volatile
Interest Income1.1 M1.1 M14.9 M
Very volatile
Non Recurring103.6 M116.5 M126.9 M
Slightly volatile
Reconciled Depreciation53 M51.4 M81.4 M
Slightly volatile

Nordic American Cash Flow Statement

Trends
Current ValueLast YearHistorical Average 10 Year Trend
Begin Period Cash Flow35 M63.3 M50 M
Slightly volatile
Depreciation50.1 M51.4 M65.2 M
Very volatile
Dividends Paid63.2 M89.8 M53.2 M
Very volatile
End Period Cash Flow36.2 M33.4 M51.1 M
Pretty Stable
Stock Based Compensation1.1 M2.2 M979.3 K
Slightly volatile

Financial Ratios

Trends
Current ValueLast YearHistorical Average 10 Year Trend
Price To Sales Ratio2.132.23894.8231
Slightly volatile
Dividend Yield0.120.10240.09
Very volatile
PTB Ratio1.191.62910.9116
Pretty Stable
Days Sales Outstanding46.124.49635.3942
Slightly volatile
Book Value Per Share2.452.57818.2018
Slightly volatile
Stock Based Compensation To Revenue0.00890.00560.0058
Slightly volatile
Capex To Depreciation1.361.43341.4366
Slightly volatile
PB Ratio1.191.62910.9116
Pretty Stable
EV To Sales2.782.92375.8549
Slightly volatile
Inventory Turnover2.52.629813.1262
Slightly volatile
Days Of Inventory On Hand14613943.1645
Slightly volatile
Payables Turnover31.532.327348.3765
Pretty Stable
Sales General And Administrative To Revenue0.0740.05840.0761
Slightly volatile
Average Inventory3.9 M3.7 M3.8 M
Slightly volatile
Capex To Revenue0.180.18810.2769
Slightly volatile
Cash Per Share0.140.14880.4996
Slightly volatile
Days Payables Outstanding17.4411.290811.0891
Slightly volatile
Intangibles To Total Assets0.01690.01720.0157
Pretty Stable
Current Ratio1.471.54533.9239
Slightly volatile
Tangible Book Value Per Share2.452.57818.1267
Slightly volatile
Receivables Turnover21.1514.900416.8534
Slightly volatile
Graham Number4.975.236810.1504
Slightly volatile
Shareholders Equity Per Share2.452.57818.2018
Slightly volatile
Debt To Equity0.290.56030.4468
Slightly volatile
Capex Per Share0.340.35281.0016
Slightly volatile
Average Receivables3.2 M5.7 M5.8 M
Very volatile
Revenue Per Share3.741.87592.5872
Very volatile
Interest Debt Per Share1.511.59053.2061
Slightly volatile
Debt To Assets0.190.3430.2894
Slightly volatile
Operating Cycle17116369.4346
Slightly volatile
Price Book Value Ratio1.191.62910.9116
Pretty Stable
Days Of Payables Outstanding17.4411.290811.0891
Slightly volatile
Ebt Per Ebit0.950.77281.3435
Very volatile
Company Equity Multiplier1.081.63331.4596
Slightly volatile
Long Term Debt To Capitalization0.20.33380.2904
Slightly volatile
Total Debt To Capitalization0.20.35910.2987
Slightly volatile
Debt Equity Ratio0.290.56030.4468
Slightly volatile
Quick Ratio0.90.94433.3287
Slightly volatile
Cash Ratio0.450.47341.7569
Slightly volatile
Cash Conversion Cycle16015258.7175
Slightly volatile
Days Of Inventory Outstanding14613943.1645
Slightly volatile
Days Of Sales Outstanding46.124.49635.3942
Slightly volatile
Price To Book Ratio1.191.62910.9116
Pretty Stable
Fixed Asset Turnover0.530.50860.3123
Slightly volatile
Debt Ratio0.190.3430.2894
Slightly volatile
Price Sales Ratio2.132.23894.8231
Slightly volatile
Asset Turnover0.470.44550.2679
Slightly volatile
Price Fair Value1.191.62910.9116
Pretty Stable

Nordic American Valuation Data

Trends
Current ValueLast YearHistorical Average 10 Year Trend
Market Cap461.9 M876.9 M608 M
Very volatile
Enterprise Value590.6 M1.1 B853.4 M
Pretty Stable

Nordic Fundamental Market Drivers

Forward Price Earnings11.1111
Cash And Short Term Investments31.1 M

Nordic Upcoming Events

26th of February 2024
Upcoming Quarterly Report
View
27th of May 2024
Next Financial Report
View
31st of December 2023
Next Fiscal Quarter End
View
26th of February 2024
Next Fiscal Year End
View
30th of September 2023
Last Quarter Report
View
31st of December 2022
Last Financial Announcement
View

About Nordic American Financial Statements

Nordic American shareholders use historical fundamental indicators, such as revenue or net income, to determine how well the company is positioned to perform in the future. Although Nordic American investors may analyze each financial statement separately, they are all interrelated. The changes in Nordic American's assets and liabilities, for example, are also reflected in the revenues and expenses on on Nordic American's income statement. Understanding these patterns can help investors time the market effectively. Please read more on our fundamental analysis page.
Last ReportedProjected for Next Year
Current Deferred Revenue3.9 M3.2 M
Total Revenue391.7 M200.4 M
Cost Of Revenue111.4 M162.2 M
Stock Based Compensation To Revenue 0.01  0.01 
Sales General And Administrative To Revenue 0.06  0.07 
Capex To Revenue 0.19  0.18 
Revenue Per Share 1.88  3.74 
Ebit Per Revenue 0.33  0.20 

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When running Nordic American's price analysis, check to measure Nordic American's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Nordic American is operating at the current time. Most of Nordic American's value examination focuses on studying past and present price action to predict the probability of Nordic American's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Nordic American's price. Additionally, you may evaluate how the addition of Nordic American to your portfolios can decrease your overall portfolio volatility.
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