Nordic Financial Statements From 2010 to 2025

Stocks . USA . 
Stock . Nordic American Tankers
NAT Stock  USD 3.42  0.06  1.72%   
Analyzing historical trends in various income statement and balance sheet accounts from Nordic American's financial statements helps investors evaluate the company's valuation, profitability, and current liquidity needs. Key fundamental drivers impacting Nordic American's valuation are summarized below:
Gross Profit
104 M
Profit Margin
0.0065
Market Capitalization
736.9 M
Enterprise Value Revenue
3.7032
Revenue
294.8 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 2025 and make sure the trends continue to evolve in the right direction. Market Cap is likely to drop to about 461.9 M in 2025. Enterprise Value is likely to drop to about 590.7 M in 2025

Nordic American Total Revenue

209.79 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 50.6 M, Interest Expense of 32.3 M or Selling General Administrative of 30.3 M, as well as many indicators such as Price To Sales Ratio of 2.21, 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.
  
Build AI portfolio with Nordic Stock
Check out the analysis of Nordic American Correlation against competitors.

Nordic American Balance Sheet

Trends
Current ValueLast YearHistorical Average 10 Year Trend
Total Assets830.3 M817.6 M992.8 M
Very volatile
Total Current Liabilities62.8 M59.8 M38.1 M
Slightly volatile
Total Stockholder Equity603.7 M508.8 M666.3 M
Slightly volatile
Property Plant And Equipment Net725.6 M715.3 M853.7 M
Very volatile
Cash35.2 M39.2 M48.3 M
Very volatile
Non Current Assets Total745.8 M718.8 M882.7 M
Pretty Stable
Non Currrent Assets Other3.4 M3.5 M18.6 M
Slightly volatile
Cash And Short Term Investments35.3 M39.2 M48.4 M
Very volatile
Net Receivables16.2 M16.2 M17.5 M
Pretty Stable
Common Stock Total Equity1.8 M1.7 M1.2 M
Slightly volatile
Common Stock Shares Outstanding220.4 M209.9 M124 M
Slightly volatile
Liabilities And Stockholders Equity830.3 M817.6 M992.8 M
Very volatile
Inventory15.9 M28.5 M21 M
Slightly volatile
Other Current Assets15.1 M14.9 M20.9 M
Very volatile
Other Stockholder Equity671.7 M519.4 M726.8 M
Pretty Stable
Total Liabilities226.6 M308.8 M326.4 M
Slightly volatile
Total Current Assets84.5 M98.8 M110 M
Pretty Stable
Common Stock2.2 M2.1 M1.3 M
Slightly volatile
Short and Long Term Debt Total229.3 M269.7 M299.5 M
Slightly volatile
Accounts Payable4.5 M4.3 M4.8 M
Pretty Stable
Non Current Liabilities Total209.9 M249 M293 M
Pretty Stable
Short Term Debt20.5 M21.6 M148.2 M
Slightly volatile
Long Term Debt246 M248.1 M288 M
Slightly volatile
Property Plant Equipment780.1 M717 M840 M
Very volatile
Other Liabilities1.3 M1.3 M7 M
Slightly volatile
Current Deferred Revenue3.2 M4.5 M5.6 M
Very volatile
Other Assets1.7 M1.8 M7.9 M
Pretty Stable
Net Tangible Assets561.4 M486 M694.6 M
Slightly volatile
Good Will15.2 M17.1 M18.6 M
Slightly volatile
Deferred Long Term Liabilities10.7 M17.8 M11.3 M
Slightly volatile
Short and Long Term Debt20.5 M21.6 M163.9 M
Slightly volatile
Intangible Assets15.2 M17.1 M18.6 M
Slightly volatile
Long Term Debt Total261.9 M248.1 M304 M
Very volatile
Capital Surpluse581.8 M519.4 M766.1 M
Slightly volatile
Cash And Equivalents41 M39.2 M62.2 M
Slightly volatile
Net Invested Capital573.5 M778.5 M875.5 M
Slightly volatile
Net Working Capital49.6 M39 M78.6 M
Slightly volatile
Capital Stock2 M2.1 M1.6 M
Slightly volatile
Property Plant And Equipment Gross1.1 B1.2 B933.1 M
Slightly volatile
Non Current Liabilities Other882.1 K845 K979.1 K
Pretty Stable

Nordic American Income Statement

Trends
Current ValueLast YearHistorical Average 10 Year Trend
Depreciation And Amortization50.6 M56.2 M64.6 M
Very volatile
Selling General Administrative30.3 M28.8 M15.7 M
Slightly volatile
Total Revenue209.8 M349.7 M273.3 M
Slightly volatile
Other Operating Expenses185.3 M272.4 M260.9 M
Slightly volatile
Total Operating Expenses30.3 M28.8 M15.9 M
Slightly volatile
Cost Of Revenue192 M243.6 M247.3 M
Slightly volatile
Interest Income694.5 K731 K13.9 M
Very volatile
Non Recurring103.6 M116.5 M127 M
Slightly volatile
Reconciled Depreciation51.9 M56.2 M79.8 M
Slightly volatile

Nordic American Cash Flow Statement

Trends
Current ValueLast YearHistorical Average 10 Year Trend
Begin Period Cash Flow35.1 M33.4 M48.9 M
Pretty Stable
Depreciation51.5 M57 M66.2 M
Very volatile
Dividends Paid64.4 M87.7 M55.4 M
Very volatile
End Period Cash Flow36.7 M44.4 M50.7 M
Very volatile
Stock Based Compensation1.2 M1.8 M1 M
Pretty Stable

Financial Ratios

Trends
Current ValueLast YearHistorical Average 10 Year Trend
Price To Sales Ratio2.212.32384.6719
Slightly volatile
Dividend Yield0.120.16770.0949
Pretty Stable
PTB Ratio1.191.0280.9221
Pretty Stable
Days Sales Outstanding43.8526.306134.6855
Slightly volatile
Book Value Per Share2.312.43197.8125
Slightly volatile
Stock Based Compensation To Revenue0.00890.00820.006
Slightly volatile
Capex To Depreciation0.04370.0461.2495
Slightly volatile
PB Ratio1.191.0280.9221
Pretty Stable
EV To Sales3.183.34795.7236
Slightly volatile
Inventory Turnover2.092.203712.2697
Slightly volatile
Days Of Inventory On Hand17416649.8414
Slightly volatile
Payables Turnover14.0214.754347.5315
Very volatile
Sales General And Administrative To Revenue0.07880.12810.0796
Slightly volatile
Average Inventory3.9 M3.7 M3.8 M
Slightly volatile
Capex To Revenue0.01110.01160.2497
Slightly volatile
Cash Per Share0.180.18720.4826
Slightly volatile
Days Payables Outstanding17.5824.738611.5716
Pretty Stable
Intangibles To Total Assets0.01690.01720.0157
Pretty Stable
Current Ratio1.571.65213.7884
Slightly volatile
Tangible Book Value Per Share2.312.43197.7421
Slightly volatile
Receivables Turnover26.6813.875117.0129
Slightly volatile
Graham Number3.323.49268.6005
Slightly volatile
Shareholders Equity Per Share2.312.43197.8125
Slightly volatile
Debt To Equity0.30.53010.4569
Slightly volatile
Capex Per Share0.01190.01250.9192
Slightly volatile
Average Receivables3.2 M5.7 M5.8 M
Very volatile
Revenue Per Share1.021.07582.3227
Slightly volatile
Interest Debt Per Share1.361.4363.1038
Slightly volatile
Debt To Assets0.20.32990.2943
Slightly volatile
Operating Cycle20219281.1949
Slightly volatile
Price Book Value Ratio1.191.0280.9221
Pretty Stable
Days Of Payables Outstanding17.5824.738611.5716
Pretty Stable
Ebt Per Ebit0.930.60321.296
Pretty Stable
Company Equity Multiplier1.091.60691.4736
Slightly volatile
Long Term Debt To Capitalization0.20.32780.2941
Slightly volatile
Total Debt To Capitalization0.210.34640.304
Slightly volatile
Debt Equity Ratio0.30.53010.4569
Slightly volatile
Quick Ratio1.121.17543.1871
Slightly volatile
Cash Ratio0.620.65531.6972
Slightly volatile
Cash Conversion Cycle17616770.4579
Slightly volatile
Days Of Inventory Outstanding17416649.8414
Slightly volatile
Days Of Sales Outstanding43.8526.306134.6855
Slightly volatile
Price To Book Ratio1.191.0280.9221
Pretty Stable
Fixed Asset Turnover0.210.31470.2935
Slightly volatile
Debt Ratio0.20.32990.2943
Slightly volatile
Price Sales Ratio2.212.32384.6719
Slightly volatile
Asset Turnover0.180.27530.251
Slightly volatile
Price Fair Value1.191.0280.9221
Pretty Stable

Nordic American Valuation Data

Trends
Current ValueLast YearHistorical Average 10 Year Trend
Market Cap461.9 M789.3 M619.3 M
Very volatile
Enterprise Value590.7 M1 B864.8 M
Pretty Stable

Nordic Fundamental Market Drivers

Forward Price Earnings13.9665
Cash And Short Term Investments39.2 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 Revenue4.5 M3.2 M
Total Revenue349.7 M209.8 M
Cost Of Revenue243.6 M192 M
Stock Based Compensation To Revenue 0.01  0.01 
Sales General And Administrative To Revenue 0.13  0.08 
Capex To Revenue 0.01  0.01 
Revenue Per Share 1.08  1.02 
Ebit Per Revenue 0.34  0.21 

Thematic Opportunities

Explore Investment Opportunities

Build portfolios using Macroaxis predefined set of investing ideas. Many of Macroaxis investing ideas can easily outperform a given market. Ideas can also be optimized per your risk profile before portfolio origination is invoked. Macroaxis thematic optimization helps investors identify companies most likely to benefit from changes or shifts in various micro-economic or local macro-level trends. Originating optimal thematic portfolios involves aligning investors' personal views, ideas, and beliefs with their actual investments.
Explore Investing Ideas  

Additional Tools for Nordic Stock Analysis

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.
Macroaxis helps investors of all levels and skills to maximize the upside of all their holdings and minimize the risk associated with market volatility, economic swings, and company-specific events. View terms and conditions
 
Feedback Blog
Made with optimal in San Francisco
2025 Macroaxis LLC
COMMON DESTINATIONS
MAIN CATEGORIES
COMPANY