Nordic American Tankers Stock Working Capital

NAT Stock

USD 2.64 0.03 1.12%

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.

	Last Reported	Projected for Next Year
Net Working Capital	34.6 M	52.2 M
Change In Working Capital	-5.4 M	-5.6 M

Net Working Capital is likely to gain to about 52.2 M in 2025, whereas Change In Working Capital is likely to drop (5.6 M) in 2025.

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Nordic American Tankers Company Working Capital Analysis

Nordic American's Working Capital is a measure of company efficiency and operating liquidity. The working capital is usually calculated by subtracting Current Liabilities from Current Assets. It is an important indicator of the firm ability to continue its normal operations without additional debt obligations. .

Working Capital

Current Assets

-

Current Liabilities

More About Working Capital | All Equity Analysis

Current Nordic American Working Capital

38.43 M

Most of Nordic American's fundamental indicators, such as Working Capital, 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 Working Capital 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 Working Capital. 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		0.92	0.66	-0.08	0.56	0.76	0.77	0.02	0.41	0.7	0.78	0.96	0.5	0.32	0.21	0.16	0.17	0.37	0.16	0.43	0.25	0.14	0.26	0.25	-0.23
Total Stockholder Equity	0.92		0.33	0.12	0.42	0.46	0.62	-0.21	0.36	0.82	0.5	0.88	0.29	0.42	0.48	0.12	-0.18	0.55	0.12	0.18	0.42	0.4	0.41	0.46	-0.36
Net Debt	0.66	0.33		-0.35	0.58	0.97	0.57	0.42	0.25	0.14	0.95	0.67	0.69	-0.01	-0.4	0.14	0.79	-0.14	0.14	0.72	-0.18	-0.44	-0.11	-0.28	0.1
Retained Earnings	-0.08	0.12	-0.35		-0.13	-0.4	-0.33	-0.44	-0.04	0.15	-0.39	0.0	-0.32	0.2	0.39	0.05	-0.48	0.23	0.05	-0.32	0.14	0.45	0.25	0.28	-0.2
Net Receivables	0.56	0.42	0.58	-0.13		0.59	0.53	0.4	0.23	0.19	0.53	0.51	0.6	-0.1	-0.23	-0.13	0.43	-0.05	-0.13	0.18	-0.03	-0.11	0.22	-0.16	0.34
Total Liab	0.76	0.46	0.97	-0.4	0.59		0.73	0.4	0.35	0.24	0.97	0.75	0.67	0.03	-0.32	0.17	0.71	-0.07	0.17	0.7	-0.13	-0.36	-0.08	-0.21	0.07
Total Current Assets	0.77	0.62	0.57	-0.33	0.53	0.73		0.3	0.61	0.4	0.69	0.68	0.42	0.02	-0.05	0.13	0.31	0.1	0.13	0.33	-0.02	-0.05	-0.02	-0.01	0.09
Common Stock	0.02	-0.21	0.42	-0.44	0.4	0.4	0.3		0.18	-0.48	0.34	0.07	0.07	-0.8	-0.9	-0.59	0.74	-0.68	-0.59	0.03	-0.76	-0.81	-0.69	-0.86	0.82
Accounts Payable	0.41	0.36	0.25	-0.04	0.23	0.35	0.61	0.18		0.01	0.27	0.47	0.07	-0.08	-0.12	0.1	0.02	-0.24	0.1	-0.06	-0.3	-0.19	-0.23	-0.09	0.04
Short Term Debt	0.7	0.82	0.14	0.15	0.19	0.24	0.4	-0.48	0.01		0.32	0.55	0.37	0.57	0.74	0.29	-0.27	0.92	0.29	0.29	0.69	0.63	0.59	0.73	-0.53
Long Term Debt	0.78	0.5	0.95	-0.39	0.53	0.97	0.69	0.34	0.27	0.32		0.78	0.72	0.15	-0.22	0.1	0.65	0.03	0.1	0.8	-0.05	-0.31	0.01	-0.1	-0.07
Property Plant Equipment	0.96	0.88	0.67	0.0	0.51	0.75	0.68	0.07	0.47	0.55	0.78		0.41	0.26	0.11	0.08	0.16	0.2	0.08	0.39	0.13	0.04	0.17	0.14	-0.2
Current Deferred Revenue	0.5	0.29	0.69	-0.32	0.6	0.67	0.42	0.07	0.07	0.37	0.72	0.41		0.33	0.02	0.17	0.5	0.27	0.17	0.8	0.25	-0.1	0.35	0.21	-0.21
Short Term Investments	0.32	0.42	-0.01	0.2	-0.1	0.03	0.02	-0.8	-0.08	0.57	0.15	0.26	0.33		0.77	0.47	-0.45	0.65	0.47	0.41	0.7	0.61	0.78	0.85	-0.93
Net Tangible Assets	0.21	0.48	-0.4	0.39	-0.23	-0.32	-0.05	-0.9	-0.12	0.74	-0.22	0.11	0.02	0.77		0.4	-0.75	0.86	0.4	-0.01	0.81	0.9	0.74	0.92	-0.78
Good Will	0.16	0.12	0.14	0.05	-0.13	0.17	0.13	-0.59	0.1	0.29	0.1	0.08	0.17	0.47	0.4		-0.11	0.34	1.0	0.22	0.46	0.38	0.29	0.45	-0.5
Deferred Long Term Liab	0.17	-0.18	0.79	-0.48	0.43	0.71	0.31	0.74	0.02	-0.27	0.65	0.16	0.5	-0.45	-0.75	-0.11		-0.42	-0.11	0.53	-0.54	-0.71	-0.5	-0.64	0.5
Short Long Term Debt	0.37	0.55	-0.14	0.23	-0.05	-0.07	0.1	-0.68	-0.24	0.92	0.03	0.2	0.27	0.65	0.86	0.34	-0.42		0.34	0.21	0.79	0.76	0.69	0.84	-0.61
Intangible Assets	0.16	0.12	0.14	0.05	-0.13	0.17	0.13	-0.59	0.1	0.29	0.1	0.08	0.17	0.47	0.4	1.0	-0.11	0.34		0.22	0.46	0.38	0.29	0.45	-0.5
Long Term Debt Total	0.43	0.18	0.72	-0.32	0.18	0.7	0.33	0.03	-0.06	0.29	0.8	0.39	0.8	0.41	-0.01	0.22	0.53	0.21	0.22		0.16	-0.19	0.18	0.16	-0.4
Capital Surpluse	0.25	0.42	-0.18	0.14	-0.03	-0.13	-0.02	-0.76	-0.3	0.69	-0.05	0.13	0.25	0.7	0.81	0.46	-0.54	0.79	0.46	0.16		0.7	0.77	0.85	-0.67
Cash And Equivalents	0.14	0.4	-0.44	0.45	-0.11	-0.36	-0.05	-0.81	-0.19	0.63	-0.31	0.04	-0.1	0.61	0.9	0.38	-0.71	0.76	0.38	-0.19	0.7		0.67	0.81	-0.53
Net Invested Capital	0.26	0.41	-0.11	0.25	0.22	-0.08	-0.02	-0.69	-0.23	0.59	0.01	0.17	0.35	0.78	0.74	0.29	-0.5	0.69	0.29	0.18	0.77	0.67		0.74	-0.62
Net Working Capital	0.25	0.46	-0.28	0.28	-0.16	-0.21	-0.01	-0.86	-0.09	0.73	-0.1	0.14	0.21	0.85	0.92	0.45	-0.64	0.84	0.45	0.16	0.85	0.81	0.74		-0.83
Capital Stock	-0.23	-0.36	0.1	-0.2	0.34	0.07	0.09	0.82	0.04	-0.53	-0.07	-0.2	-0.21	-0.93	-0.78	-0.5	0.5	-0.61	-0.5	-0.4	-0.67	-0.53	-0.62	-0.83

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Working Capital can be positive or negative, depending on how much of current debt the company is carrying on its balance sheet. In general terms, companies that have a lot of working capital will experience more growth in the near future since they can expand and improve their operations using existing resources. On the other hand, companies with small or negative working capital may lack the funds necessary for growth or future operation. Working Capital also shows if the company has sufficient liquid resources to satisfy short-term liabilities and operational expenses.

Competition

Predict Nordic American

Working Capital Over Time

Nordic Capital Surpluse

Capital Surpluse

615.72 Million

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

Based on the company's disclosures, Nordic American Tankers has a Working Capital of 38.43 M. This is 88.07% lower than that of the Oil, Gas & Consumable Fuels sector and significantly higher than that of the Energy industry. The working capital for all United States stocks is 97.4% higher than that of the company.

Nordic Working Capital 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 Working Capital 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 working capital category among its peers.

Nordic American Current Valuation Drivers

We derive many important indicators used in calculating different scores of Nordic American from analyzing Nordic American's financial statements. These drivers represent accounts that assess Nordic American's ability to generate profits relative to its revenue, operating costs, and shareholders' equity. Below are some of Nordic American's important valuation drivers and their relationship over time.

	2020	2021	2022	2023	2024	2025 (projected)
Market Cap	440.4M	274.7M	618.2M	876.9M	789.3M	461.9M
Enterprise Value	739.3M	560.9M	864.7M	1.1B	1.0B	590.7M

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 Fundamentals

	Return On Equity	0.0891
	Return On Asset	0.057
	Profit Margin	0.21 %
	Operating Margin	0.19 %
	Current Valuation	778.96 M
	Shares Outstanding	211.75 M
	Shares Owned By Insiders	3.26 %
	Shares Owned By Institutions	40.48 %
	Number Of Shares Shorted	13.57 M
	Price To Earning	10.36 X
	Price To Book	1.08 X
	Price To Sales	2.51 X
	Revenue	391.69 M
	Gross Profit	162.29 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	2.40 X
	Cash Flow From Operations	139.44 M
	Short Ratio	5.20 X
	Earnings Per Share	0.22 X
	Price To Earnings To Growth	(2.50) X
	Target Price	4.33
	Beta	-0.35
	Market Capitalization	565.38 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	0.13 %
	Five Year Return	8.23 %
	Net Asset	879.2 M
	Last Dividend Paid	0.34

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.

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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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