Nordic Price To Sales Ratio from 2010 to 2024
| NAT Stock | USD 2.95 0.02 0.67% |
Price To Sales Ratio | First Reported 2010-12-31 | Previous Quarter 2.23889244 | Current Value 2.13 | Quarterly Volatility 9.08248674 |
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.
Nordic | Price To Sales Ratio |
Latest Nordic American's Price To Sales Ratio Growth Pattern
Below is the plot of the Price To Sales Ratio of Nordic American Tankers over the last few years. Price to Sales Ratio is figured by comparing Nordic American Tankers stock price to its revenues. An advantage to using Price to Sales ratio is that it is based on Nordic American sales, a figure that is much harder to manipulate than other Nordic American Tankers multiples. Because sales tend to be more stable P/S ratio can be a good tool for screening cyclical companies fluctuating earnings patterns. It is a valuation ratio that compares a company's stock price to its revenues, calculated by dividing the company's market cap by its total sales or revenue over a 12-month period. Nordic American's Price To Sales Ratio 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.
| View | Last Reported 1.70 X | 10 Years Trend |
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Price To Sales Ratio |
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Nordic Price To Sales Ratio Regression Statistics
| Arithmetic Mean | 4.82 | |
| Geometric Mean | 2.59 | |
| Coefficient Of Variation | 188.31 | |
| Mean Deviation | 4.63 | |
| Median | 2.21 | |
| Standard Deviation | 9.08 | |
| Sample Variance | 82.49 | |
| Range | 36.2383 | |
| R-Value | (0.53) | |
| Mean Square Error | 63.93 | |
| R-Squared | 0.28 | |
| Significance | 0.04 | |
| Slope | (1.08) | |
| Total Sum of Squares | 1,155 |
Nordic Price To Sales Ratio History
About Nordic American Financial Statements
Nordic American shareholders use historical fundamental indicators, such as Price To Sales Ratio, 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 | ||
| Price To Sales Ratio | 2.24 | 2.13 |
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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.