Nordic Total Assets from 2010 to 2026

NAT Stock  USD 4.54  0.08  1.79%   
Nordic American Total Assets yearly trend continues to be comparatively stable with very little volatility. Total Assets will likely drop to about 830.3 M in 2026. Total Assets is the total value of all owned resources that are expected to provide future economic benefits to the business, including cash, investments, accounts receivable, inventory, property, plant, equipment, and intangible assets. View All Fundamentals
 
Total Assets  
First Reported
1998-09-30
Previous Quarter
957.4 M
Current Value
927 M
Quarterly Volatility
395.7 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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Check out the analysis of Nordic American Correlation against competitors.
The evolution of Total Assets 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 Total Assets Growth Pattern

Below is the plot of the Total Assets of Nordic American Tankers over the last few years. Total assets refers to the total amount of Nordic American assets owned. Assets are items that have some economic value and are expended over time to create a benefit for the owner. These assets are usually recorded in Nordic American Tankers books under different categories such as cash, marketable securities, accounts receivable,prepaid expenses, inventory, fixed assets, intangible assets, other assets, marketable securities, accounts receivable, prepaid expenses and others. It is the total value of all owned resources that are expected to provide future economic benefits to the business, including cash, investments, accounts receivable, inventory, property, plant, equipment, and intangible assets. Nordic American's 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.
ViewLast Reported 817.59 M10 Years Trend
Pretty Stable
   Total Assets   
       Timeline  

Nordic Total Assets Regression Statistics

Arithmetic Mean989,693,056
Geometric Mean925,266,056
Coefficient Of Variation26.89
Mean Deviation185,092,764
Median1,030,903,000
Standard Deviation266,161,365
Sample Variance70841.9T
Range1.2B
R-Value(0.10)
Mean Square Error74753.1T
R-Squared0.01
Significance0.69
Slope(5,462,352)
Total Sum of Squares1133470T

Nordic Total Assets History

2026830.3 M
2025940.2 M
2024817.6 M
2023879.2 M
2022880.7 M
2021851.2 M
2020974.3 M

Other Fundumenentals of Nordic American Tankers

Nordic American Total Assets component correlations

0.930.65-0.080.610.750.77-0.060.410.720.780.960.520.390.280.160.110.420.160.470.320.240.30.33-0.32
0.930.340.120.50.450.63-0.270.340.830.510.870.310.490.530.12-0.240.590.120.230.470.480.440.53-0.42
0.650.34-0.360.580.970.570.350.270.170.950.690.710.05-0.330.180.74-0.10.180.75-0.1-0.35-0.1-0.20.0
-0.080.12-0.36-0.12-0.41-0.34-0.4-0.050.13-0.39-0.01-0.320.160.350.0-0.460.20.0-0.320.10.360.230.24-0.15
0.610.50.58-0.120.590.550.240.310.290.560.570.690.05-0.080.030.330.060.030.30.04-0.130.290.020.08
0.750.450.97-0.410.590.730.350.370.260.970.760.680.07-0.270.190.67-0.040.190.71-0.07-0.28-0.07-0.14-0.01
0.770.630.57-0.340.550.730.240.630.420.690.690.430.07-0.010.150.270.130.150.350.040.0-0.010.050.0
-0.06-0.270.35-0.40.240.350.240.2-0.510.270.030.04-0.82-0.9-0.550.74-0.7-0.55-0.07-0.82-0.89-0.7-0.870.84
0.410.340.27-0.050.310.370.630.20.00.290.470.07-0.08-0.150.040.04-0.240.04-0.07-0.21-0.08-0.24-0.110.08
0.720.830.170.130.290.260.42-0.510.00.350.560.380.60.750.28-0.30.920.280.340.690.670.60.74-0.56
0.780.510.95-0.390.560.970.690.270.290.350.780.730.2-0.160.110.60.070.110.80.03-0.180.02-0.02-0.14
0.960.870.69-0.010.570.760.690.030.470.560.780.420.290.140.080.130.220.080.410.180.110.180.18-0.23
0.520.310.71-0.320.690.680.430.040.070.380.730.420.340.040.160.480.290.160.790.270.00.360.23-0.24
0.390.490.050.160.050.070.07-0.82-0.080.60.20.290.340.790.41-0.470.680.410.470.790.770.760.87-0.93
0.280.53-0.330.35-0.08-0.27-0.01-0.9-0.150.75-0.160.140.040.790.36-0.760.870.360.070.840.950.740.92-0.79
0.160.120.180.00.030.190.15-0.550.040.280.110.080.160.410.36-0.10.321.00.260.450.380.290.4-0.48
0.11-0.240.74-0.460.330.670.270.740.04-0.30.60.130.48-0.47-0.76-0.1-0.45-0.10.45-0.57-0.73-0.51-0.650.52
0.420.59-0.10.20.06-0.040.13-0.7-0.240.920.070.220.290.680.870.32-0.450.320.270.790.80.690.85-0.65
0.160.120.180.00.030.190.15-0.550.040.280.110.080.160.410.361.0-0.10.320.260.450.380.290.4-0.48
0.470.230.75-0.320.30.710.35-0.07-0.070.340.80.410.790.470.070.260.450.270.260.310.040.210.24-0.47
0.320.47-0.10.10.04-0.070.04-0.82-0.210.690.030.180.270.790.840.45-0.570.790.450.310.80.680.92-0.83
0.240.48-0.350.36-0.13-0.280.0-0.89-0.080.67-0.180.110.00.770.950.38-0.730.80.380.040.80.610.94-0.75
0.30.44-0.10.230.29-0.07-0.01-0.7-0.240.60.020.180.360.760.740.29-0.510.690.290.210.680.610.73-0.63
0.330.53-0.20.240.02-0.140.05-0.87-0.110.74-0.020.180.230.870.920.4-0.650.850.40.240.920.940.73-0.85
-0.32-0.420.0-0.150.08-0.010.00.840.08-0.56-0.14-0.23-0.24-0.93-0.79-0.480.52-0.65-0.48-0.47-0.83-0.75-0.63-0.85
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About Nordic American Financial Statements

Nordic American shareholders use historical fundamental indicators, such as 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
Total Assets940.2 M830.3 M
Intangibles To Total Assets 0.02  0.02 

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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.