Nordic Net Income from 2010 to 2026

NAT Stock  USD 4.20  0.01  0.24%   
Nordic American Net Income yearly trend continues to be comparatively stable with very little volatility. Net Income is likely to outpace its year average in 2026. From the period from 2010 to 2026, Nordic American Net Income quarterly data regression had mean square error of 6518.6 T and mean deviation of  67,093,550. View All Fundamentals
 
Net Income  
First Reported
1998-03-31
Previous Quarter
-852 K
Current Value
-2.8 M
Quarterly Volatility
23.9 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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Latest Nordic American's Net Income Growth Pattern

Below is the plot of the Net Income of Nordic American Tankers over the last few years. Net income is one of the most important fundamental items in finance. It plays a large role in Nordic American Tankers financial statement analysis. It represents the amount of money remaining after all of Nordic American Tankers operating expenses, interest, taxes and preferred stock dividends have been deducted from a company total revenue. It is Nordic American's Net Income 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 46.64 M10 Years Trend
Slightly volatile
   Net Income   
       Timeline  

Nordic Net Income Regression Statistics

Arithmetic Mean(16,718,304)
Coefficient Of Variation(505.13)
Mean Deviation67,093,550
Median(4,456,000)
Standard Deviation84,449,842
Sample Variance7131.8T
Range319.6M
R-Value0.38
Mean Square Error6518.6T
R-Squared0.14
Significance0.13
Slope6,326,346
Total Sum of Squares114108.4T

Nordic Net Income History

202644.1 M
202542 M
202446.6 M
202398.7 M
202215.1 M
2021-119.4 M
202050 M

Other Fundumenentals of Nordic American Tankers

Nordic American Net Income component correlations

About Nordic American Financial Statements

Nordic American shareholders use historical fundamental indicators, such as Net Income, 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
Net Income42 M44.1 M
Net Income Applicable To Common Shares42 M44.1 M
Net Income From Continuing Ops53.6 M56.3 M
Net Income Per Share 0.26  0.24 
Net Income Per E B T 1.15  1.10 

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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.