Nordic Total Revenue from 2010 to 2024

NAT Stock  USD 2.99  0.01  0.33%   
Nordic American Total Revenue yearly trend continues to be comparatively stable with very little volatility. Total Revenue will likely drop to about 200.4 M in 2024. Total Revenue is the total amount of income generated by the sale of goods or services related to Nordic American's primary operations. View All Fundamentals
 
Total Revenue  
First Reported
1998-03-31
Previous Quarter
95.3 M
Current Value
97.8 M
Quarterly Volatility
35.2 M
 
Dot-com Bubble
 
Housing Crash
 
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 Total Revenue Growth Pattern

Below is the plot of the Total Revenue of Nordic American Tankers over the last few years. Total revenue comprises all receipts Nordic American Tankers generated from the sale of its products or services. It is the total amount of income generated by the sale of goods or services related to the company's primary operations. Nordic American's Total Revenue 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 Revenue10 Years Trend
Slightly volatile
   Total Revenue   
       Timeline  

Nordic Total Revenue Regression Statistics

Arithmetic Mean264,011,767
Geometric Mean197,218,800
Coefficient Of Variation47.87
Mean Deviation102,287,346
Median297,141,000
Standard Deviation126,388,721
Sample Variance15974.1T
Range440.5M
R-Value0.50
Mean Square Error12879.9T
R-Squared0.25
Significance0.06
Slope14,167,290
Total Sum of Squares223637.5T

Nordic Total Revenue History

2024200.4 M
2023391.7 M
2022339.3 M
2021195.8 M
2020354.6 M
2019317.2 M
2018289 M

About Nordic American Financial Statements

Nordic American shareholders use historical fundamental indicators, such as Total Revenue, 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 Revenue391.7 M200.4 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.