Nordic Cash And Short Term Investments from 2010 to 2025

NAT Stock  USD 2.56  0.02  0.79%   
Nordic American Cash And Short Term Investments yearly trend continues to be comparatively stable with very little volatility. Cash And Short Term Investments will likely drop to about 35.3 M in 2025. Cash And Short Term Investments is the sum of a company's cash on hand, including bank deposits and short-term, highly liquid investments that are easily convertible to known amounts of cash. View All Fundamentals
 
Cash And Short Term Investments  
First Reported
1998-09-30
Previous Quarter
40.5 M
Current Value
39.2 M
Quarterly Volatility
40.9 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 49.2 M, Interest Expense of 36.8 M or Selling General Administrative of 30.3 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 Cash And Short Term Investments Growth Pattern

Below is the plot of the Cash And Short Term Investments of Nordic American Tankers over the last few years. Short Term Investments is an account in the current assets section of Nordic American Tankers balance sheet. This account contains Nordic American investments that will expire within one year. These investments include stocks and bonds that can be liquidated by Nordic American Tankers fairly quickly. It is the sum of a company's cash on hand, including bank deposits and short-term, highly liquid investments that are easily convertible to known amounts of cash. Nordic American's Cash And Short Term Investments 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.
Cash And Short Term Investments10 Years Trend
Very volatile
   Cash And Short Term Investments   
       Timeline  

Nordic Cash And Short Term Investments Regression Statistics

Arithmetic Mean48,386,464
Geometric Mean29,454,994
Coefficient Of Variation49.33
Mean Deviation17,993,853
Median49,672,000
Standard Deviation23,870,689
Sample Variance569.8T
Range100.7M
R-Value(0.01)
Mean Square Error610.4T
R-Squared0.0001
Significance0.97
Slope(58,896)
Total Sum of Squares8547.1T

Nordic Cash And Short Term Investments History

202535.3 M
202439.2 M
202331.1 M
202259.6 M
202134.7 M
202057.8 M
201949.7 M

About Nordic American Financial Statements

Nordic American shareholders use historical fundamental indicators, such as Cash And Short Term Investments, 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
Cash And Short Term Investments39.2 M35.3 M

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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.