Nordic Net Income from 2010 to 2025

NAT Stock  USD 2.56  0.08  3.03%   
Nordic American Net Income yearly trend continues to be comparatively stable with very little volatility. Net Income is likely to outpace its year average in 2025. From the period from 2010 to 2025, Nordic American Net Income quarterly data regression had mean square error of 5129.5 T and mean deviation of  63,985,580. View All Fundamentals
 
Net Income  
First Reported
1998-03-31
Previous Quarter
21.6 M
Current Value
8.7 M
Quarterly Volatility
19.6 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 36.8 M or Selling General Administrative of 27.6 M, as well as many indicators such as Price To Sales Ratio of 2.21, Dividend Yield of 0.12 or PTB Ratio of 1.18. 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 Net Income Growth Pattern

Below is the plot of the Net Income of Nordic American Tankers over the last few years. Net income is one of the most important fundamental items in finance. It plays a large role in Nordic American Tankers financial statement analysis. It represents the amount of money remaining after all of Nordic American Tankers operating expenses, interest, taxes and preferred stock dividends have been deducted from a company total revenue. It is Nordic American's Net Income 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.
ViewLast Reported 98.71 M10 Years Trend
Slightly volatile
   Net Income   
       Timeline  

Nordic Net Income Regression Statistics

Arithmetic Mean(6,568,795)
Coefficient Of Variation(1,196)
Mean Deviation63,985,580
Median(4,456,000)
Standard Deviation78,561,470
Sample Variance6171.9T
Range234.1M
R-Value0.47
Mean Square Error5129.5T
R-Squared0.22
Significance0.06
Slope7,815,122
Total Sum of Squares92578.6T

Nordic Net Income History

202593.3 M
202488.8 M
202398.7 M
202215.1 M
2021-119.5 M
202050 M
2019-10.4 M

Other Fundumenentals of Nordic American Tankers

Nordic American Net Income component correlations

About Nordic American Financial Statements

Nordic American shareholders use historical fundamental indicators, such as Net Income, 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
Net Income88.8 M93.3 M
Net Income Applicable To Common Shares13.6 M14.3 M
Net Income From Continuing Ops134.8 M141.6 M
Net Income Per Share 0.22  0.21 
Net Income Per E B T 0.90  0.68 

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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.