Based on the analysis of Nordic American's profitability, liquidity, and operating efficiency, Nordic American Tankers is doing better financially today then in previous quarter. It has a moderate risk of reporting better financial numbers in April. At this time, Nordic American's Net Tangible Assets are comparatively stable compared to the past year. Long Term Debt Total is likely to gain to about 274.1 M in 2025, whereas Property Plant And Equipment Net is likely to drop slightly above 725.3 M in 2025. Key indicators impacting Nordic American's financial strength include:
The essential information of the day-to-day investment outlook for Nordic American includes many different criteria found on its balance sheet. An individual investor should monitor Nordic American's cash flow, debt, and profitability to accurately make informed decisions on whether to invest in Nordic American.
Please note, the imprecision that can be found in Nordic American's accounting process means that the reasonable investor should take a skeptical approach toward the financial statement analysis of Nordic American Tankers. Check Nordic American's Beneish M Score to see the likelihood of Nordic American's management manipulating its earnings.
Nordic American Stock Summary
Nordic American competes with Genco Shipping, Golden Ocean, Star Bulk, Oceanpal, and Danaos. Nordic American Tankers Limited, a tanker company, acquires and charters double-hull tankers in Bermuda and internationally. The company was incorporated in 1995 and is based in Hamilton, Bermuda. Nordic American operates under Marine Shipping classification in the United States and is traded on New York Stock Exchange. It employs 19 people.
The reason investors look at the income statement is to determine what Nordic American's earnings per share (EPS) will be in order to see if they want to buy more shares or not. For example, if a company earned $20 million in the last quarter and has 100,000 shares outstanding, its EPS is 20 cents. If you find that this number beats analysts' forecasts or is higher than it was from the same period last year, then you might want to buy more of this stock even though its price per share may not have changed.
Comparative valuation techniques use various fundamental indicators to help in determining Nordic American's current stock value. Our valuation model uses many indicators to compare Nordic American value to that of its competitors to determine the firm's financial worth. You can analyze the relationship between different fundamental ratios across Nordic American competition to find correlations between indicators driving Nordic American's intrinsic value. More Info.
Nordic American Tankers is considered to be number one stock in return on equity category among its peers. It also is considered to be number one stock in return on asset category among its peers reporting about 0.64 of Return On Asset per Return On Equity. The ratio of Return On Equity to Return On Asset for Nordic American Tankers is roughly 1.56 . At this time, Nordic American's Return On Equity is comparatively stable compared to the past year. Comparative valuation analysis is a catch-all technique that is used if you cannot value Nordic American by discounting back its dividends or cash flows. It compares the stock's price multiples to nearest competition to determine if the stock is relatively undervalued or overvalued.
Nordic American Tankers Systematic Risk
Nordic American's systematic risk plays a vital role in portfolio allocation when considering its stock to be added to a well-diversified portfolio. Nordic American volatility which cannot be eliminated through diversification, requires returns over the risk-free rate. Over the long run, a well-diversified portfolio provides returns that match its exposure to systematic risk. In this case, investors face a trade-off between expected returns and systematic risk and, therefore, can only reduce a portfolio's exposure to systematic risk by sacrificing expected returns on the portfolio.
The output start index for this execution was twenty with a total number of output elements of fourty-one. The Beta measures systematic risk based on how returns on Nordic American Tankers correlated with the market. If Beta is less than 0 Nordic American generally moves in the opposite direction as compared to the market. If Nordic American Beta is about zero movement of price series is uncorrelated with the movement of the benchmark. if Beta is between zero and one Nordic American Tankers is generally moves in the same direction as, but less than the movement of the market. For Beta = 1 movement of Nordic American is generally in the same direction as the market. If Beta > 1 Nordic American moves generally in the same direction as, but more than the movement of the benchmark.
Today, most investors in Nordic American Stock are looking for potential investment opportunities by analyzing not only static indicators but also various Nordic American's growth ratios. Consistent increases or decreases in fundamental ratios usually indicate a possible pattern that can be successfully translated into profits. However, when comparing two companies, knowing each company's growth growth rates may not be enough to decide which company is a better investment. That's why investors frequently use static breakdown of Nordic American growth as a starting point in their analysis.
Along with financial statement analysis, the daily predictive indicators of Nordic American help investors to analyze its daily demand and supply, volume, patterns, and price swings to determine the real value of Nordic American Tankers. We use our internally-developed statistical techniques to arrive at the intrinsic value of Nordic American Tankers based on widely used predictive technical indicators. In general, we focus on analyzing Nordic Stock price patterns and their correlations with different microeconomic environment and drivers. We also apply predictive analytics to build Nordic American's daily price indicators and compare them against related drivers.
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.