Nordic Cash from 2010 to 2026

NAT Stock  USD 4.56  0.10  2.24%   
Nordic American Cash yearly trend continues to be comparatively stable with very little volatility. Cash will likely drop to about 35.2 M in 2026. Cash is the total amount of money in the form of currency that Nordic American Tankers has in its possession. This includes all bills, coins, and funds in bank accounts. View All Fundamentals
 
Cash  
First Reported
1998-09-30
Previous Quarter
94.5 M
Current Value
67.6 M
Quarterly Volatility
42.2 M
 
Dot-com Bubble
 
Housing Crash
 
Credit Downgrade
 
Yuan Drop
 
Covid
 
Interest Hikes
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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The evolution of Cash for Nordic American Tankers provides essential context for understanding the company's financial health trajectory. By analyzing this metric's behavior over time, investors can assess whether recent trends align with long-term patterns, and how Nordic American compares to historical norms and industry peers.

Latest Nordic American's Cash Growth Pattern

Below is the plot of the Cash of Nordic American Tankers over the last few years. Cash refers to the most liquid asset of Nordic American Tankers, which is listed under current asset account on Nordic American Tankers balance sheet and usually includes currency, coins, checking accounts, and not deposited checks received from Nordic American customers. The amounts must be unrestricted with restricted cash listed in a different Nordic American account. It is the total amount of money in the form of currency that a company has in its possession. This includes all bills, coins, and funds in bank accounts. Nordic American's Cash 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.
Cash10 Years Trend
Very volatile
   Cash   
       Timeline  

Nordic Cash Regression Statistics

Arithmetic Mean48,070,770
Geometric Mean30,107,033
Coefficient Of Variation48.16
Mean Deviation17,108,008
Median48,847,000
Standard Deviation23,153,169
Sample Variance536.1T
Range100.7M
R-Value(0.03)
Mean Square Error571.4T
R-Squared0.0007
Significance0.92
Slope(123,882)
Total Sum of Squares8577.1T

Nordic Cash History

202635.2 M
202545.1 M
202439.2 M
202331.1 M
202259.6 M
202134.7 M
202057.8 M

Other Fundumenentals of Nordic American Tankers

Nordic American Cash component correlations

About Nordic American Financial Statements

Nordic American shareholders use historical fundamental indicators, such as Cash, 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
Cash45.1 M35.2 M
Cash And Short Term Investments45.1 M35.3 M
Cash And Equivalents35.3 M41 M
Change In Cash9.9 M10.4 M
Free Cash Flow144.4 M151.6 M
Begin Period Cash Flow38.4 M35.1 M
Total Cashflows From Investing Activities-3 M-3.2 M
Other Cashflows From Financing Activities6.2 M5.9 M
Other Non Cash Items1.7 M2.3 M
Total Cash From Operating Activities147.4 M154.8 M
Total Cash From Financing Activities-103.5 M-98.4 M
End Period Cash Flow51 M36.7 M
Free Cash Flow Yield 0.28  0.29 
Operating Cash Flow Per Share 0.70  0.67 
Free Cash Flow Per Share 0.54  0.57 
Cash Per Share 0.22  0.20 
Capex To Operating Cash Flow 0.02  0.02 
EV To Operating Cash Flow 6.76  6.42 
EV To Free Cash Flow 6.90  6.56 
Price To Operating Cash Flows Ratio 4.69  4.46 
Price To Free Cash Flows Ratio 4.79  4.55 
Cash Ratio 0.75  0.72 
Cash Conversion Cycle 61.24  54.66 
Operating Cash Flow Sales Ratio 0.42  0.41 
Free Cash Flow Operating Cash Flow Ratio 0.88  0.93 
Cash Flow Coverage Ratios 0.55  0.77 
Price Cash Flow Ratio 4.69  4.46 
Cash Flow To Debt Ratio 0.55  0.77 

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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.