David Workman - Nordic American Non-Executive Director

NAT Stock  USD 2.97  0.02  0.67%   

Director

David Workman is Non-Executive Director of Nordic American Tankers since 2020.
Age 59
Tenure 4 years
Address Swan Building, Hamilton, Bermuda, HM12
Phone441 292 7202
Webhttps://www.nat.bm

Nordic American Management Efficiency

The company has Return on Asset of 0.0655 % which means that on every $100 spent on assets, it made $0.0655 of profit. This is way below average. In the same way, it shows a return on shareholders' equity (ROE) of 0.1144 %, implying that it generated $0.1144 on every 100 dollars invested. Nordic American's management efficiency ratios could be used to measure how well Nordic American manages its routine affairs as well as how well it operates its assets and liabilities. Return On Tangible Assets is likely to gain to 0.12 in 2024. Return On Capital Employed is likely to gain to 0.17 in 2024. At this time, Nordic American's Total Current Liabilities is comparatively stable compared to the past year. Non Current Liabilities Other is likely to gain to about 933.6 K in 2024, whereas Liabilities And Stockholders Equity is likely to drop slightly above 829.9 M in 2024.
Nordic American Tankers has 301.6 M in debt with debt to equity (D/E) ratio of 0.72, which is OK given its current industry classification. Nordic American Tankers has a current ratio of 1.5, which is typical for the industry and considered as normal. Note however, debt could still be an excellent tool for Nordic to invest in growth at high rates of return.

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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. Nordic American Tankers (NAT) is traded on New York Stock Exchange in USA. It is located in Swan Building, Hamilton, Bermuda, HM12 and employs 17 people. Nordic American is listed under Oil & Gas Storage & Transportation category by Fama And French industry classification.

Management Performance

Nordic American Tankers Leadership Team

Elected by the shareholders, the Nordic American's board of directors comprises two types of representatives: Nordic American inside directors who are chosen from within the company, and outside directors, selected externally and held independent of Nordic. The board's role is to monitor Nordic American's management team and ensure that shareholders' interests are well served. Nordic American's inside directors are responsible for reviewing and approving budgets prepared by upper management to implement core corporate initiatives and projects. On the other hand, Nordic American's outside directors are responsible for providing unbiased perspectives on the board's policies.
Jan Mller, Head Manager
David Workman, Non-Executive Director
Erik Tomstad, Executive Chartering
Richard Vietor, Non-Executive Director
Herbjorn Hansson, Chairman of the Board, President, Chief Executive Officer
Jim Kelly, Independent Non-Executive Vice Chairman of the Board
Alexander Hansson, Non-Executive Director
Bjorn Giaever, Chief Financial Officer, Secretary

Nordic Stock Performance Indicators

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Thematic Opportunities

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