Nordic Financial Statements From 2010 to 2026

Stocks . USA . 
Stock . Nordic American Tankers
NAT Stock  USD 4.00  0.09  2.20%   
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
866.1 M
Enterprise Value Revenue
4.1772
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 2026 and make sure the trends continue to evolve in the right direction. Market Cap is likely to drop to about 462.6 M in 2026. Enterprise Value is likely to drop to about 591.3 M in 2026

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 37.1 M or Selling General Administrative of 34.8 M, as well as many indicators such as Price To Sales Ratio of 1.63, 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.
  
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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 M940.2 M989.7 M
Pretty Stable
Total Current Liabilities72.2 M68.8 M40.5 M
Slightly volatile
Total Stockholder Equity603.7 M585.1 M661.6 M
Slightly volatile
Property Plant And Equipment Net725.6 M822.6 M851.8 M
Very volatile
Cash35.2 M45.1 M48.1 M
Very volatile
Non Current Assets Total745.8 M826.6 M879.4 M
Pretty Stable
Non Currrent Assets Other3 M3.2 M17.7 M
Slightly volatile
Cash And Short Term Investments35.3 M45.1 M48.2 M
Very volatile
Net Receivables16.2 M18.7 M17.6 M
Pretty Stable
Common Stock Total Equity1.8 M1.7 M1.2 M
Slightly volatile
Common Stock Shares Outstanding253.5 M241.4 M132.9 M
Slightly volatile
Liabilities And Stockholders Equity830.3 M940.2 M989.7 M
Pretty Stable
Inventory34.4 M32.8 M22.8 M
Slightly volatile
Other Current Assets15.1 M17.1 M20.6 M
Very volatile
Other Stockholder Equity671.7 M597.3 M719.2 M
Pretty Stable
Total Liabilities226.6 M355.1 M328.1 M
Slightly volatile
Total Current Assets84.5 M113.6 M110.3 M
Pretty Stable
Common Stock2.6 M2.4 M1.4 M
Slightly volatile
Short and Long Term Debt Total229.3 M310.2 M300.2 M
Slightly volatile
Accounts Payable4.5 M4.9 M4.8 M
Pretty Stable
Non Current Liabilities Total209.9 M286.3 M292.6 M
Pretty Stable
Short Term Debt18.4 M19.4 M140.5 M
Slightly volatile
Long Term Debt246 M285.4 M287.8 M
Pretty Stable
Property Plant Equipment780.1 M824.5 M839.1 M
Very volatile
Other Liabilities1.3 M1.3 M6.6 M
Slightly volatile
Current Deferred Revenue3.2 M4.5 M5.5 M
Very volatile
Other Assets1.6 M1.6 M7.5 M
Pretty Stable
Net Tangible Assets561.4 M486 M685.5 M
Slightly volatile
Good Will15.2 M17.1 M18.6 M
Slightly volatile
Deferred Long Term Liabilities10.7 M17.8 M11.5 M
Slightly volatile
Short and Long Term Debt18.4 M19.4 M155.2 M
Slightly volatile
Intangible Assets15.2 M17.1 M18.6 M
Slightly volatile
Long Term Debt Total261.9 M223.3 M299.2 M
Very volatile
Capital Surpluse581.8 M467.5 M748.6 M
Slightly volatile
Cash And Equivalents41 M35.3 M60.6 M
Slightly volatile
Net Invested Capital573.5 M700.7 M865.2 M
Slightly volatile
Net Working Capital49.6 M35.1 M76 M
Slightly volatile
Capital Stock2 M2.4 M1.7 M
Slightly volatile
Property Plant And Equipment Gross1.1 B1.4 B962 M
Slightly volatile
Non Current Liabilities Other882.1 K760.5 K966.2 K
Very volatile

Nordic American Income Statement

Trends
Current ValueLast YearHistorical Average 10 Year Trend
Depreciation And Amortization50.6 M64.6 M64.6 M
Very volatile
Selling General Administrative34.8 M33.1 M17 M
Slightly volatile
Total Revenue209.8 M402.2 M280.9 M
Slightly volatile
Other Operating Expenses185.3 M313.3 M264 M
Slightly volatile
Total Operating Expenses34.8 M33.1 M17.2 M
Slightly volatile
Cost Of Revenue192 M280.1 M249.2 M
Slightly volatile
Interest Income625 K657.9 K13.2 M
Pretty Stable
Non Recurring103.6 M116.5 M127.2 M
Slightly volatile
Reconciled Depreciation51.9 M50.5 M78 M
Slightly volatile

Nordic American Cash Flow Statement

Trends
Current ValueLast YearHistorical Average 10 Year Trend
Begin Period Cash Flow35.1 M38.4 M48.3 M
Pretty Stable
Depreciation51.5 M65.6 M66.2 M
Very volatile
End Period Cash Flow36.7 M51 M50.8 M
Very volatile
Stock Based Compensation1.2 M1.7 M1.1 M
Pretty Stable

Financial Ratios

Trends
Current ValueLast YearHistorical Average 10 Year Trend
Price To Sales Ratio1.631.724.2657
Slightly volatile
Dividend Yield0.120.190.1004
Pretty Stable
PTB Ratio1.191.180.9394
Slightly volatile
Days Sales Outstanding18.519.4730.0453
Slightly volatile
Book Value Per Share2.662.87.5382
Slightly volatile
Stock Based Compensation To Revenue0.00810.00610.0053
Slightly volatile
Capex To Depreciation0.05020.05291.1795
Slightly volatile
PB Ratio1.191.180.9394
Slightly volatile
EV To Sales2.352.485.2034
Slightly volatile
Inventory Turnover16.869.8315.0843
Slightly volatile
Days Of Inventory On Hand23.4638.4330.1354
Slightly volatile
Payables Turnover39.351.554.113
Pretty Stable
Average Inventory3.9 M3.7 M3.9 M
Slightly volatile
Capex To Revenue0.00820.00860.224
Slightly volatile
Cash Per Share0.20.220.4683
Slightly volatile
Days Payables Outstanding9.797.347.7473
Pretty Stable
Intangibles To Total Assets0.01690.01720.0156
Pretty Stable
Current Ratio1.81.93.6909
Slightly volatile
Tangible Book Value Per Share2.662.87.472
Slightly volatile
Receivables Turnover27.1724.7918.1731
Slightly volatile
Graham Number3.824.028.3605
Slightly volatile
Shareholders Equity Per Share2.662.87.5382
Slightly volatile
Debt To Equity0.30.480.4583
Slightly volatile
Capex Per Share0.01370.01440.8661
Slightly volatile
Average Receivables3.2 M5.7 M5.8 M
Very volatile
Revenue Per Share3.731.922.5554
Pretty Stable
Interest Debt Per Share1.571.653.0306
Slightly volatile
Debt To Assets0.20.30.2946
Slightly volatile
Operating Cycle45.2953.6758.9964
Pretty Stable
Price Book Value Ratio1.191.180.9394
Slightly volatile
Days Of Payables Outstanding9.797.347.7473
Pretty Stable
Company Equity Multiplier1.091.451.4722
Slightly volatile
Long Term Debt To Capitalization0.20.30.2945
Slightly volatile
Total Debt To Capitalization0.210.310.3044
Slightly volatile
Debt Equity Ratio0.30.480.4583
Slightly volatile
Quick Ratio1.281.353.0885
Slightly volatile
Net Income Per E B T1.11.151.0166
Slightly volatile
Cash Ratio0.720.751.6474
Slightly volatile
Cash Conversion Cycle54.6661.2453.8923
Very volatile
Days Of Inventory Outstanding23.4638.4330.1354
Slightly volatile
Days Of Sales Outstanding18.519.4730.0453
Slightly volatile
Price To Book Ratio1.191.180.9394
Slightly volatile
Fixed Asset Turnover0.460.440.3303
Slightly volatile
Debt Ratio0.20.30.2946
Slightly volatile
Price Sales Ratio1.631.724.2657
Slightly volatile
Asset Turnover0.40.380.2834
Slightly volatile
Price Fair Value1.191.180.9394
Slightly volatile

Nordic American Valuation Data

Trends
Current ValueLast YearHistorical Average 10 Year Trend
Market Cap462.6 M806.2 M637.7 M
Pretty Stable
Enterprise Value591.3 M1 B884.7 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 Revenue402.2 M209.8 M
Cost Of Revenue280.1 M192 M
Stock Based Compensation To Revenue 0.01  0.01 
Capex To Revenue 0.01  0.01 
Revenue Per Share 1.92  3.73 
Ebit Per Revenue 0.25  0.24 

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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.
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