Nordic Cash And Equivalents from 2010 to 2024

NAT Stock  USD 2.99  0.01  0.33%   
Nordic American Cash And Equivalents yearly trend continues to be comparatively stable with very little volatility. Cash And Equivalents will likely drop to about 44.7 M in 2024. From the period from 2010 to 2024, Nordic American Cash And Equivalents quarterly data regression had r-value of (0.84) and coefficient of variation of  26.29. View All Fundamentals
 
Cash And Equivalents  
First Reported
2010-12-31
Previous Quarter
53.6 M
Current Value
44.7 M
Quarterly Volatility
17.2 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 Cash And Equivalents Growth Pattern

Below is the plot of the Cash And Equivalents of Nordic American Tankers over the last few years. It is Nordic American's Cash And Equivalents 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.
ViewLast Reported 59.58 M10 Years Trend
Slightly volatile
   Cash And Equivalents   
       Timeline  

Nordic Cash And Equivalents Regression Statistics

Arithmetic Mean65,479,186
Geometric Mean63,179,428
Coefficient Of Variation26.29
Mean Deviation15,578,093
Median59,583,000
Standard Deviation17,216,651
Sample Variance296.4T
Range47.4M
R-Value(0.84)
Mean Square Error92.3T
R-Squared0.71
Significance0.000079
Slope(3,246,004)
Total Sum of Squares4149.8T

Nordic Cash And Equivalents History

202444.7 M
202353.6 M
202259.6 M
202134.7 M
202057.8 M
201948.8 M
201849.3 M

About Nordic American Financial Statements

Nordic American shareholders use historical fundamental indicators, such as Cash And Equivalents, 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
Cash And Equivalents53.6 M44.7 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.