Nordic American Tankers Stock Total Debt
| NAT Stock | USD 3.77 0.08 2.08% |
Nordic American Tankers fundamentals help investors to digest information that contributes to Nordic American's financial success or failures. It also enables traders to predict the movement of Nordic Stock. The fundamental analysis module provides a way to measure Nordic American's intrinsic value by examining its available economic and financial indicators, including the cash flow records, the balance sheet account changes, the income statement patterns, and various microeconomic indicators and financial ratios related to Nordic American stock.
Total Debt To Capitalization is likely to drop to 0.20 in 2024. Nordic | Total Debt |
Nordic American Tankers Company Total Debt Analysis
Nordic American's Total Debt refers to the amount of long term interest-bearing liabilities that a company carries on its balance sheet. That may include bonds sold to the public, notes written to banks or capital leases. Typically, debt can help a company magnify its earnings, but the burden of interest and principal payments will eventually prevent the firm from borrow excessively.
Current Nordic American Total Debt | 301.6 M |
Most of Nordic American's fundamental indicators, such as Total Debt, 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 Tankers is considered to be undervalued, and we provide a buy recommendation. Otherwise, we render a sell signal.
Nordic Total Debt Driver Correlations
Understanding the fundamental principles of building solid financial models for Nordic American is extremely important. It helps to project a fair market value of Nordic Stock properly, considering its historical fundamentals such as Total Debt. Since Nordic American's main accounts across its financial reports are all linked and dependent on each other, it is essential to analyze all possible correlations between related accounts. However, instead of reviewing all of Nordic American's historical financial statements, investors can examine the correlated drivers to determine its overall health. This can be effectively done using a conventional correlation matrix of Nordic American's interrelated accounts and indicators.
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Nordic Total Debt Historical Pattern
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 drops in fundamental ratios usually indicate a possible pattern that can be successfully translated into profits. However, when comparing two companies, knowing each company's total debt growth rates may not be enough to decide which company is a better investment. That's why investors frequently use a static breakdown of Nordic American total debt as a starting point in their analysis.
Nordic American Total Debt |
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In most industries, total debt may also include the current portion of long-term debt. Since debt terms vary widely from one company to another, simply comparing outstanding debt obligations between different companies may not be adequate. It is usually meant to compare total debt amounts between companies that operate within the same sector.
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Nordic Net Debt
Net Debt |
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Based on the latest financial disclosure, Nordic American Tankers has a Total Debt of 301.6 M. This is 84.47% lower than that of the Oil, Gas & Consumable Fuels sector and significantly higher than that of the Energy industry. The total debt for all United States stocks is 94.33% higher than that of the company.
Nordic Total Debt Peer Comparison
Stock peer comparison is one of the most widely used and accepted methods of equity analyses. It analyses Nordic American's direct or indirect competition against its Total Debt to detect undervalued stocks with similar characteristics or determine the stocks which would be a good addition to a portfolio. Peer analysis of Nordic American could also be used in its relative valuation, which is a method of valuing Nordic American by comparing valuation metrics of similar companies.Nordic American is currently under evaluation in total debt category among related companies.
Nordic American Institutional Holders
Institutional Holdings refers to the ownership stake in Nordic American that is held by large financial organizations, pension funds or endowments. Institutions may purchase large blocks of Nordic American's outstanding shares and can exert considerable influence upon its management. Institutional holders may also work to push the share price higher once they own the stock. Extensive social media coverage, TV shows, articles in high-profile magazines, and presentations at investor conferences help move the stock higher, increasing Nordic American's value.| Shares | American Century Companies Inc | 2023-12-31 | 1.8 M | Northern Trust Corp | 2023-12-31 | 1.5 M | Vanguard Group Inc | 2023-12-31 | 1.4 M | Millennium Management Llc | 2023-12-31 | 1.3 M | Amvescap Plc. | 2023-12-31 | 1.2 M | Greylin Investment Mangement Inc | 2023-12-31 | 1.1 M | Acadian Asset Management Llc | 2023-12-31 | 1.1 M | Numerai Gp Llc | 2023-09-30 | 1.1 M | Canada Pension Plan Investment Board | 2023-12-31 | 1 M | Goldman Sachs Group Inc | 2023-12-31 | 15.1 M | Blackrock Inc | 2023-12-31 | 12.2 M |
Nordic Fundamentals
| Return On Equity | 0.18 | ||||
| Return On Asset | 0.0909 | ||||
| Profit Margin | 0.38 % | ||||
| Operating Margin | 0.42 % | ||||
| Current Valuation | 1.06 B | ||||
| Shares Outstanding | 208.8 M | ||||
| Shares Owned By Insiders | 3.00 % | ||||
| Shares Owned By Institutions | 45.71 % | ||||
| Number Of Shares Shorted | 8.25 M | ||||
| Price To Earning | 10.36 X | ||||
| Price To Book | 1.50 X | ||||
| Price To Sales | 3.09 X | ||||
| Revenue | 262.18 M | ||||
| Gross Profit | 105.39 M | ||||
| EBITDA | 179.29 M | ||||
| Net Income | 98.71 M | ||||
| Cash And Equivalents | 59.58 M | ||||
| Cash Per Share | 0.18 X | ||||
| Total Debt | 301.6 M | ||||
| Debt To Equity | 0.72 % | ||||
| Current Ratio | 1.53 X | ||||
| Book Value Per Share | 2.58 X | ||||
| Cash Flow From Operations | 139.44 M | ||||
| Short Ratio | 2.56 X | ||||
| Earnings Per Share | 0.47 X | ||||
| Price To Earnings To Growth | (2.50) X | ||||
| Target Price | 6.2 | ||||
| Beta | -0.1 | ||||
| Market Capitalization | 787.16 M | ||||
| Total Asset | 879.2 M | ||||
| Retained Earnings | (156.23 M) | ||||
| Working Capital | 70.25 M | ||||
| Current Asset | 118.18 M | ||||
| Current Liabilities | 20.86 M | ||||
| Annual Yield | 0.13 % | ||||
| Five Year Return | 8.23 % | ||||
| Net Asset | 879.2 M | ||||
| Last Dividend Paid | 0.46 |
About Nordic American Fundamental Analysis
The Macroaxis Fundamental Analysis modules help investors analyze Nordic American Tankers's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of Nordic American using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of Nordic American Tankers based on its fundamental data. In general, a quantitative approach, as applied to this company, focuses on analyzing financial statements comparatively, whereas a qaualitative method uses data that is important to a company's growth but cannot be measured and presented in a numerical way.
Please read more on our fundamental analysis page.
Nordic American Investors Sentiment
The influence of Nordic American's investor sentiment on the probability of its price appreciation or decline could be a good factor in your decision-making process regarding taking a position in Nordic. The overall investor sentiment generally increases the direction of a stock movement in a one-year investment horizon. However, the impact of investor sentiment on the entire stock market does not have solid backing from leading economists and market statisticians.
Investor biases related to Nordic American's public news can be used to forecast risks associated with an investment in Nordic. The trend in average sentiment can be used to explain how an investor holding Nordic can time the market purely based on public headlines and social activities around Nordic American Tankers. Please note that most equities that are difficult to arbitrage are affected by market sentiment the most.
Nordic American's market sentiment shows the aggregated news analyzed to detect positive and negative mentions from the text and comments. The data is normalized to provide daily scores for Nordic American's and other traded tickers. The bigger the bubble, the more accurate is the estimated score. Higher bars for a given day show more participation in the average Nordic American's news discussions. The higher the estimated score, the more favorable is the investor's outlook on Nordic American.
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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Try AI Portfolio ArchitectCheck out Nordic American Piotroski F Score and Nordic American Altman Z Score analysis. Note that the Nordic American Tankers 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 the ETFs module to find actively traded Exchange Traded Funds (ETF) from around the world.
Complementary 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.
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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.
Quarterly Earnings Growth (0.50) | Dividend Share 0.46 | Earnings Share 0.47 | Revenue Per Share 1.256 | Quarterly Revenue Growth (0.76) |
The market value of Nordic American Tankers 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 if Nordic American is a good investment 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.