Nordic Total Operating Expenses from 2010 to 2026

NAT Stock  USD 4.54  0.08  1.79%   
Nordic American Total Operating Expenses yearly trend continues to be comparatively stable with very little volatility. Total Operating Expenses is likely to outpace its year average in 2026. Total Operating Expenses is the total costs associated with the day-to-day operations of a business, excluding the cost of goods sold but including selling, general, and administrative expenses. View All Fundamentals
 
Total Operating Expenses  
First Reported
1998-09-30
Previous Quarter
6.4 M
Current Value
M
Quarterly Volatility
8.2 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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The evolution of Total Operating Expenses 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 Operating Expenses Growth Pattern

Below is the plot of the Total Operating Expenses of Nordic American Tankers over the last few years. It is the total costs associated with the day-to-day operations of a business, excluding the cost of goods sold but including selling, general, and administrative expenses. Nordic American's Total Operating Expenses 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.
Total Operating Expenses10 Years Trend
Slightly volatile
   Total Operating Expenses   
       Timeline  

Nordic Total Operating Expenses Regression Statistics

Arithmetic Mean17,204,206
Geometric Mean14,986,973
Coefficient Of Variation48.86
Mean Deviation6,215,141
Median14,863,000
Standard Deviation8,405,642
Sample Variance70.7T
Range32.6M
R-Value0.83
Mean Square Error23.2T
R-Squared0.69
Significance0.000034
Slope1,385,150
Total Sum of Squares1130.5T

Nordic Total Operating Expenses History

202634.8 M
202533.1 M
202428.8 M
202322.9 M
202218.8 M
202115.6 M
202017.6 M

About Nordic American Financial Statements

Nordic American shareholders use historical fundamental indicators, such as Total Operating Expenses, 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 Operating Expenses33.1 M34.8 M

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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.