Nordic Intangibles To Total Assets from 2010 to 2024

NAT Stock  USD 2.99  0.01  0.33%   
Nordic American Intangibles To Total Assets yearly trend continues to be comparatively stable with very little volatility. Intangibles To Total Assets will likely drop to 0.02 in 2024. Intangibles To Total Assets is the ratio of a company's intangible assets (like goodwill and patents) to its total assets. View All Fundamentals
 
Intangibles To Total Assets  
First Reported
2010-12-31
Previous Quarter
0.0172
Current Value
0.0169
Quarterly Volatility
0.00101073
 
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 Intangibles To Total Assets Growth Pattern

Below is the plot of the Intangibles To Total Assets of Nordic American Tankers over the last few years. It is the ratio of a company's intangible assets (like goodwill and patents) to its total assets. Nordic American's Intangibles To Total Assets 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.
Intangibles To Total Assets10 Years Trend
Pretty Stable
   Intangibles To Total Assets   
       Timeline  

Nordic Intangibles To Total Assets Regression Statistics

Arithmetic Mean0.02
Geometric Mean0.02
Coefficient Of Variation6.42
Mean Deviation0.0009
Median0.02
Standard Deviation0
Sample Variance0.00000102
Range0.0031
R-Value(0.24)
Mean Square Error0.00000104
R-Squared0.06
Significance0.39
Slope(0.000054)
Total Sum of Squares0.000014

Nordic Intangibles To Total Assets History

2024 0.0169
2023 0.0172
2017 0.0149
2016 0.0141
2015 0.0153
2014 0.0162

About Nordic American Financial Statements

Nordic American shareholders use historical fundamental indicators, such as Intangibles To Total Assets, 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
Intangibles To Total Assets 0.02  0.02 

Thematic Opportunities

Explore Investment Opportunities

Build portfolios using Macroaxis predefined set of investing ideas. Many of Macroaxis investing ideas can easily outperform a given market. Ideas can also be optimized per your risk profile before portfolio origination is invoked. Macroaxis thematic optimization helps investors identify companies most likely to benefit from changes or shifts in various micro-economic or local macro-level trends. Originating optimal thematic portfolios involves aligning investors' personal views, ideas, and beliefs with their actual investments.
Explore Investing Ideas  

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.