Nordic Financial Statements From 2010 to 2022

NAT
 Stock
  

USD 2.59  0.09  3.36%   

Nordic American financial statements provide useful quarterly and yearly information to potential Nordic American Tanker investors about the company's current and past financial position, as well as its overall management performance and changes in financial position over time. Historical trend examination of various income statement and balance sheet accounts found on Nordic American financial statements helps investors assess Nordic American's valuation, profitability, and current liquidity needs.
Nordic American Tanker does not presently have any fundamental ratios for analysis.
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Check Nordic American financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Nordic main balance sheet or income statement drivers, such as , as well as many exotic indicators such as . Nordic financial statements analysis is a perfect complement when working with Nordic American Valuation or Volatility modules. It can also supplement Nordic American's financial leverage analysis and stock options assessment as well as various Nordic American Technical models . Additionally, see the analysis of Nordic American Correlation against competitors.

Nordic Net Income Analysis

Nordic American's Net income is the profit of a company for the reporting period, which is derived after taking revenues and gains and subtracting all expenses and losses. Net income is one of the most-watched numbers by money managers as well as individual investors.
Net Income 
 = 
(Rev + Gain) 
-  
(Exp + Loss) 
More About Net Income | All Equity Analysis

Current Nordic American Net Income

    
  (173.28 M)  
Most of Nordic American's fundamental indicators, such as Net Income, are part of a valuation analysis module that helps investors searching for stocks that are currently trading at higher or lower prices than their real value. If the real value is higher than the market price, Nordic American Tanker is considered to be undervalued, and we provide a buy recommendation. Otherwise, we render a sell signal.
Because income is reported on the Income Statement of a company and is measured in dollars some investors prefer to use Profit Margin, which measures income as a percentage of sales.
Compare to competition

Based on the recorded statements, Nordic American Tanker reported net income of (173.28 Million). This is 166.79% lower than that of the Industrials sector and significantly lower than that of the Marine Shipping industry. The net income for all United States stocks is 130.35% higher than that of the company.

Nordic American Tanker Fundamental Drivers Relationships

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 Tanker is considered to be number one stock in net income category among related companies. It is considered to be number one stock in total asset category among related companies . . Comparative valuation analysis is a catch-all model that can be used if you cannot value Nordic American by discounting back its dividends or cash flows. This model doesn't attempt to find an intrinsic value for Nordic American's Stock . Still, instead, it compares the stock's price multiples to a benchmark or nearest competition to determine if the stock is relatively undervalued or overvalued. The reason why the comparable model can be used in almost all circumstances is due to the vast number of multiples that can be utilized, such as the price-to-earnings (P/E), price-to-book (P/B), price-to-sales (P/S), price-to-cash flow (P/CF), and many others. The P/E ratio is the most commonly used of these ratios because it focuses on the Nordic American's earnings, one of the primary drivers of an investment's value.

About Nordic American Financial Statements

There are typically three primary documents that fall into the category of financial statements. These documents include Nordic American income statement, its balance sheet, and the statement of cash flows. Nordic American investors use historical funamental indicators, such as Nordic American's revenue or net income, to determine how well the company is positioned to perform in the future. Although Nordic American investors may use each financial statement separately, they are all related. The changes in Nordic American's assets and liabilities, for example, are also reflected in the revenues and expenses that we see on Nordic American's income statement, which results in the company's gains or losses. Cash flows can provide more information regarding cash listed on a balance sheet, but not equivalent to net income shown on the income statement. We offer a historical overview of the basic patterns found on Nordic American Financial Statements. Understanding these patterns can help to make the right decision on long term investment in Nordic American. Please read more on our technical analysis and fundamental analysis pages.
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.
Some investors attempt to determine whether the market's mood is bullish or bearish by monitoring changes in market sentiment. Unlike more traditional methods such as technical analysis, investor sentiment usually refers to the aggregate attitude towards Nordic American in the overall investment community. So, suppose investors can accurately measure the market's sentiment. In that case, they can use it for their benefit. For example, some tools to gauge market sentiment could be utilized using contrarian indexes, Nordic American's short interest history, or implied volatility extrapolated from Nordic American options trading.

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Additionally, see the analysis of Nordic American Correlation against competitors. Note that the Nordic American Tanker information on this page should be used as a complementary analysis to other Nordic American's statistical models used to find the right mix of equity instruments to add to your existing portfolios or create a brand new portfolio. You can also try Portfolio Manager module to state of the art Portfolio Manager to monitor and improve performance of your invested capital.

Complementary Tools for Nordic Stock analysis

When running Nordic American Tanker 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 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.
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Is Nordic American's industry expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Nordic American. If investors know Nordic will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Nordic American listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
The market value of Nordic American Tanker is measured differently than its book value, which is the value of Nordic that is recorded on the company's balance sheet. Investors also form their own opinion of Nordic American's value that differs from its market value or its book value, called intrinsic value, which is Nordic American's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Nordic American's market value can be influenced by many factors that don't directly affect Nordic American's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Nordic American's value and its price as these two are different measures arrived at by different means. Investors typically determine Nordic American value by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Nordic American's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.