Nordic American Tankers Stock Total Debt

NAT Stock

USD 2.68 0.01 0.37%

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.

Other Current Liab Total Assets

Total Debt To Capitalization is likely to drop to 0.20 in 2024.

This module does not cover all equities due to inconsistencies in global equity categorizations. Continue to Equity Screeners to view more equity screening tools.

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.

Total Debt

Bonds

+

Notes

More About Total Debt | All Equity Analysis

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.

	Total Assets	Total Stockholder Equity	Net Debt	Retained Earnings	Net Receivables	Total Liab	Total Current Assets	Common Stock	Accounts Payable	Short Term Debt	Long Term Debt	Property Plant Equipment	Current Deferred Revenue	Short Term Investments	Net Tangible Assets	Good Will	Deferred Long Term Liab	Short Long Term Debt	Intangible Assets	Long Term Debt Total	Capital Surpluse	Cash And Equivalents	Net Invested Capital	Net Working Capital	Capital Stock
Total Assets		0.93	0.67	-0.08	0.61	0.77	0.77	0.01	0.42	0.72	0.79	0.95	0.5	0.35	0.24	0.22	0.16	0.38	0.22	0.45	0.27	0.15	0.26	0.28	-0.28
Total Stockholder Equity	0.93		0.35	0.12	0.49	0.47	0.64	-0.2	0.36	0.83	0.51	0.86	0.29	0.42	0.49	0.18	-0.18	0.55	0.18	0.19	0.43	0.41	0.4	0.48	-0.38
Net Debt	0.67	0.35		-0.35	0.57	0.97	0.57	0.39	0.27	0.17	0.95	0.7	0.72	0.05	-0.36	0.18	0.77	-0.11	0.18	0.77	-0.14	-0.43	-0.1	-0.24	0.01
Retained Earnings	-0.08	0.12	-0.35		-0.12	-0.4	-0.33	-0.45	-0.04	0.14	-0.38	-0.01	-0.32	0.2	0.39	0.07	-0.48	0.23	0.07	-0.33	0.14	0.45	0.24	0.3	-0.2
Net Receivables	0.61	0.49	0.57	-0.12		0.58	0.55	0.31	0.3	0.3	0.56	0.6	0.69	0.06	-0.12	-0.12	0.37	0.06	-0.12	0.27	0.06	-0.07	0.29	0.02	0.18
Total Liab	0.77	0.47	0.97	-0.4	0.58		0.73	0.37	0.37	0.28	0.98	0.77	0.69	0.09	-0.28	0.21	0.69	-0.04	0.21	0.74	-0.09	-0.34	-0.06	-0.16	-0.02
Total Current Assets	0.77	0.64	0.57	-0.33	0.55	0.73		0.28	0.63	0.43	0.69	0.69	0.43	0.05	-0.02	0.17	0.29	0.12	0.17	0.36	0.01	-0.03	-0.01	0.03	0.03
Common Stock	0.01	-0.2	0.39	-0.45	0.31	0.37	0.28		0.22	-0.45	0.32	0.12	0.09	-0.79	-0.89	-0.64	0.73	-0.65	-0.64	0.07	-0.75	-0.82	-0.69	-0.85	0.8
Accounts Payable	0.42	0.36	0.27	-0.04	0.3	0.37	0.63	0.22		-0.02	0.28	0.45	0.07	-0.14	-0.16	0.15	0.04	-0.28	0.15	-0.07	-0.32	-0.19	-0.25	-0.16	0.07
Short Term Debt	0.72	0.83	0.17	0.14	0.3	0.28	0.43	-0.45	-0.02		0.34	0.54	0.37	0.54	0.72	0.31	-0.24	0.91	0.31	0.27	0.67	0.63	0.59	0.72	-0.49
Long Term Debt	0.79	0.51	0.95	-0.38	0.56	0.98	0.69	0.32	0.28	0.34		0.78	0.73	0.18	-0.21	0.14	0.65	0.04	0.14	0.82	-0.03	-0.3	0.01	-0.08	-0.12
Property Plant Equipment	0.95	0.86	0.7	-0.01	0.6	0.77	0.69	0.12	0.45	0.54	0.78		0.4	0.22	0.08	0.1	0.2	0.17	0.1	0.38	0.11	0.02	0.16	0.09	-0.16
Current Deferred Revenue	0.5	0.29	0.72	-0.32	0.69	0.69	0.43	0.09	0.07	0.37	0.73	0.4		0.33	0.0	0.19	0.52	0.26	0.19	0.8	0.25	-0.11	0.35	0.2	-0.21
Short Term Investments	0.35	0.42	0.05	0.2	0.06	0.09	0.05	-0.79	-0.14	0.54	0.18	0.22	0.33		0.75	0.56	-0.41	0.62	0.56	0.39	0.69	0.63	0.81	0.82	-0.91
Net Tangible Assets	0.24	0.49	-0.36	0.39	-0.12	-0.28	-0.02	-0.89	-0.16	0.72	-0.21	0.08	0.0	0.75		0.44	-0.74	0.85	0.44	-0.06	0.8	0.92	0.74	0.92	-0.75
Good Will	0.22	0.18	0.18	0.07	-0.12	0.21	0.17	-0.64	0.15	0.31	0.14	0.1	0.19	0.56	0.44		-0.13	0.36	1.0	0.24	0.49	0.4	0.27	0.53	-0.58
Deferred Long Term Liab	0.16	-0.18	0.77	-0.48	0.37	0.69	0.29	0.73	0.04	-0.24	0.65	0.2	0.52	-0.41	-0.74	-0.13		-0.4	-0.13	0.57	-0.52	-0.71	-0.48	-0.63	0.47
Short Long Term Debt	0.38	0.55	-0.11	0.23	0.06	-0.04	0.12	-0.65	-0.28	0.91	0.04	0.17	0.26	0.62	0.85	0.36	-0.4		0.36	0.18	0.78	0.76	0.69	0.84	-0.58
Intangible Assets	0.22	0.18	0.18	0.07	-0.12	0.21	0.17	-0.64	0.15	0.31	0.14	0.1	0.19	0.56	0.44	1.0	-0.13	0.36		0.24	0.49	0.4	0.27	0.53	-0.58
Long Term Debt Total	0.45	0.19	0.77	-0.33	0.27	0.74	0.36	0.07	-0.07	0.27	0.82	0.38	0.8	0.39	-0.06	0.24	0.57	0.18	0.24		0.13	-0.21	0.16	0.1	-0.37
Capital Surpluse	0.27	0.43	-0.14	0.14	0.06	-0.09	0.01	-0.75	-0.32	0.67	-0.03	0.11	0.25	0.69	0.8	0.49	-0.52	0.78	0.49	0.13		0.7	0.76	0.87	-0.67
Cash And Equivalents	0.15	0.41	-0.43	0.45	-0.07	-0.34	-0.03	-0.82	-0.19	0.63	-0.3	0.02	-0.11	0.63	0.92	0.4	-0.71	0.76	0.4	-0.21	0.7		0.66	0.86	-0.54
Net Invested Capital	0.26	0.4	-0.1	0.24	0.29	-0.06	-0.01	-0.69	-0.25	0.59	0.01	0.16	0.35	0.81	0.74	0.27	-0.48	0.69	0.27	0.16	0.76	0.66		0.77	-0.61
Net Working Capital	0.28	0.48	-0.24	0.3	0.02	-0.16	0.03	-0.85	-0.16	0.72	-0.08	0.09	0.2	0.82	0.92	0.53	-0.63	0.84	0.53	0.1	0.87	0.86	0.77		-0.79
Capital Stock	-0.28	-0.38	0.01	-0.2	0.18	-0.02	0.03	0.8	0.07	-0.49	-0.12	-0.16	-0.21	-0.91	-0.75	-0.58	0.47	-0.58	-0.58	-0.37	-0.67	-0.54	-0.61	-0.79

Click cells to compare fundamentals

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

Timeline

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.

Competition

Predict Nordic American

Short Long Term Debt Total Over Time

Nordic Net Debt

Net Debt

166.46 Million

At this time, Nordic American's Net Debt is comparatively stable compared to the past year.

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 its peers.

Nordic American ESG Sustainability

Some studies have found that companies with high sustainability scores are getting higher valuations than competitors with lower social-engagement activities. While most ESG disclosures are voluntary and do not directly affect the long term financial condition, Nordic American's sustainability indicators can be used to identify proper investment strategies using environmental, social, and governance scores that are crucial to Nordic American's managers, analysts, and investors.

Environmental

Governance

Social

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
Nuveen Asset Management, Llc	2024-09-30	1.8 M
Centerbook Partners Lp	2024-09-30	1.8 M
Vanguard Group Inc	2024-09-30	1.7 M
Northern Trust Corp	2024-09-30	1.3 M
Truemark Investments Llc	2024-09-30	1.2 M
Philip James Wealth Mangement Llc	2024-09-30	1.1 M
Greylin Investment Mangement Inc	2024-06-30	1.1 M
Bank Of America Corp	2024-09-30	725.7 K
Wealthtrust Axiom Llc	2024-09-30	648 K
Dimensional Fund Advisors, Inc.	2024-09-30	12.1 M
Blackrock Inc	2024-06-30	11.6 M

Nordic Fundamentals

	Return On Equity	0.11
	Return On Asset	0.0655
	Profit Margin	0.17 %
	Operating Margin	0.22 %
	Current Valuation	794.74 M
	Shares Outstanding	208.8 M
	Shares Owned By Insiders	3.31 %
	Shares Owned By Institutions	42.03 %
	Number Of Shares Shorted	9.74 M
	Price To Earning	10.36 X
	Price To Book	1.09 X
	Price To Sales	1.54 X
	Revenue	391.69 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	3.78 X
	Earnings Per Share	0.30 X
	Price To Earnings To Growth	(2.50) X
	Target Price	4.58
	Number Of Employees	17
	Beta	-0.22
	Market Capitalization	559.57 M
	Total Asset	879.2 M
	Retained Earnings	(57.52 M)
	Working Capital	38.43 M
	Current Asset	118.18 M
	Current Liabilities	20.86 M
	Annual Yield	0.15 %
	Five Year Return	8.23 %
	Net Asset	879.2 M

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.

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.

Macroaxis helps investors of all levels and skills to maximize the upside of all their holdings and minimize the risk associated with market volatility, economic swings, and company-specific events. View terms and conditions

Feedback Blog

Made with optimal in San Francisco

2024 Macroaxis LLC