Nordic Tangible Book Value Per Share from 2010 to 2025

NAT Stock  USD 2.45  0.01  0.41%   
Nordic American Tangible Book Value Per Share yearly trend continues to be comparatively stable with very little volatility. Tangible Book Value Per Share will likely drop to 2.82 in 2025. From the period from 2010 to 2025, Nordic American Tangible Book Value Per Share quarterly data regression had r-value of (0.94) and coefficient of variation of  67.05. View All Fundamentals
 
Tangible Book Value Per Share  
First Reported
2010-12-31
Previous Quarter
2.96
Current Value
2.82
Quarterly Volatility
5.24812928
 
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 2.45, Dividend Yield of 0.12 or PTB Ratio of 1.19. 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 Tangible Book Value Per Share Growth Pattern

Below is the plot of the Tangible Book Value Per Share of Nordic American Tankers over the last few years. It is Nordic American's Tangible Book Value Per Share 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.
Tangible Book Value Per Share10 Years Trend
Slightly volatile
   Tangible Book Value Per Share   
       Timeline  

Nordic Tangible Book Value Per Share Regression Statistics

Arithmetic Mean7.83
Geometric Mean6.25
Coefficient Of Variation67.05
Mean Deviation4.47
Median7.91
Standard Deviation5.25
Sample Variance27.54
Range15.8183
R-Value(0.94)
Mean Square Error3.60
R-Squared0.88
Slope(1.03)
Total Sum of Squares413.14

Nordic Tangible Book Value Per Share History

2025 2.82
2024 2.96
2023 2.58
2022 2.67
2021 3.38
2020 4.01
2019 4.18

About Nordic American Financial Statements

Nordic American shareholders use historical fundamental indicators, such as Tangible Book Value Per Share, 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
Tangible Book Value Per Share 2.96  2.82 

Thematic Opportunities

Explore Investment Opportunities

Build portfolios using Macroaxis predefined set of investing ideas. Many of Macroaxis investing ideas can easily outperform a given market. Ideas can also be optimized per your risk profile before portfolio origination is invoked. Macroaxis thematic optimization helps investors identify companies most likely to benefit from changes or shifts in various micro-economic or local macro-level trends. Originating optimal thematic portfolios involves aligning investors' personal views, ideas, and beliefs with their actual investments.
Explore Investing Ideas  

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.