Nordic Capital Surpluse from 2010 to 2024

NAT Stock  USD 2.99  0.01  0.33%   
Nordic American Capital Surpluse yearly trend continues to be comparatively stable with very little volatility. Capital Surpluse will likely drop to about 615.7 M in 2024. From the period from 2010 to 2024, Nordic American Capital Surpluse quarterly data regression had r-value of (0.80) and coefficient of variation of  16.61. View All Fundamentals
 
Capital Surpluse  
First Reported
2010-12-31
Previous Quarter
626.3 M
Current Value
615.7 M
Quarterly Volatility
130.7 M
 
Credit Downgrade
 
Yuan Drop
 
Covid
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.

Latest Nordic American's Capital Surpluse Growth Pattern

Below is the plot of the Capital Surpluse of Nordic American Tankers over the last few years. It is Nordic American's Capital Surpluse historical data analysis aims to capture in quantitative terms the overall pattern of either growth or decline in Nordic American's overall financial position and show how it may be relating to other accounts over time.
Capital Surpluse10 Years Trend
Slightly volatile
   Capital Surpluse   
       Timeline  

Nordic Capital Surpluse Regression Statistics

Arithmetic Mean786,882,380
Geometric Mean776,109,606
Coefficient Of Variation16.61
Mean Deviation121,250,077
Median880,801,000
Standard Deviation130,720,842
Sample Variance17087.9T
Range321.3M
R-Value(0.80)
Mean Square Error6747.7T
R-Squared0.63
Significance0.0004
Slope(23,261,791)
Total Sum of Squares239231.1T

Nordic Capital Surpluse History

2024615.7 M
2023626.3 M
2022695.9 M
2021669.3 M
2020598.9 M
2019605.7 M
2018910.7 M

About Nordic American Financial Statements

Nordic American shareholders use historical fundamental indicators, such as Capital Surpluse, 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
Capital Surpluse626.3 M615.7 M

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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.