Nordic Cash Conversion Cycle from 2010 to 2026
| NAT Stock | USD 4.56 0.10 2.24% |
Cash Conversion Cycle | First Reported 2010-12-31 | Previous Quarter 61.24 | Current Value 54.66 | Quarterly Volatility 20.90935347 |
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.
Nordic | Cash Conversion Cycle | Build AI portfolio with Nordic Stock |
The evolution of Cash Conversion Cycle 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 Conversion Cycle Growth Pattern
Below is the plot of the Cash Conversion Cycle of Nordic American Tankers over the last few years. It is Nordic American's Cash Conversion Cycle 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.
| Cash Conversion Cycle | 10 Years Trend |
|
Cash Conversion Cycle |
| Timeline |
Nordic Cash Conversion Cycle Regression Statistics
| Arithmetic Mean | 53.89 | |
| Geometric Mean | 50.52 | |
| Coefficient Of Variation | 38.80 | |
| Mean Deviation | 16.06 | |
| Median | 48.98 | |
| Standard Deviation | 20.91 | |
| Sample Variance | 437.20 | |
| Range | 75.5925 | |
| R-Value | (0.05) | |
| Mean Square Error | 465.01 | |
| R-Squared | 0 | |
| Significance | 0.84 | |
| Slope | (0.22) | |
| Total Sum of Squares | 6,995 |
Nordic Cash Conversion Cycle History
About Nordic American Financial Statements
Nordic American shareholders use historical fundamental indicators, such as Cash Conversion Cycle, 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 Reported | Projected for Next Year | ||
| Cash Conversion Cycle | 61.24 | 54.66 |
Thematic Opportunities
Explore Investment Opportunities
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.