Nordic American Tankers Stock Today

NAT Stock  USD 2.56  0.08  3.03%   

Performance

Insignificant

 
Weak
 
Strong

Odds Of Distress

Low

 
High
 
Low
Nordic American is selling for under 2.56 as of the 22nd of March 2025; that is 3.03 percent decrease since the beginning of the trading day. The stock's last reported lowest price was 2.55. Nordic American has only a 7 % chance of going through financial distress over the next few years but had a somewhat insignificant performance during the last 90 days. The performance scores are derived for the period starting the 22nd of December 2024 and ending today, the 22nd of March 2025. Click here to learn more.
Business Domain
Energy
IPO Date
30th of September 1997
Nordic American Tankers Limited, a tanker company, acquires and charters double-hull tankers in Bermuda and internationally. The company was incorporated in 1995 and is based in Hamilton, Bermuda. Nordic American operates under Marine Shipping classification in the United States and is traded on New York Stock Exchange. The company has 211.75 M outstanding shares of which 13.57 M shares are now shorted by investors with about 5.2 days to cover. More on Nordic American Tankers

Moving together with Nordic Stock

  0.79TK TeekayPairCorr
Follow Valuation Options Odds of Bankruptcy
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Nordic Stock Highlights

ESG Sustainability
Environmental
Governance
Social
ChairmanHerbjorn Hansson
Business ConcentrationOil & Gas Storage & Transportation, Oil & Gas Midstream, Energy, NYSE Composite, Energy, Oil, Gas & Consumable Fuels, Marine Shipping, Industrials (View all Sectors)
Average Analyst Recommendation
Financial Strength
Current ValueLast YearChange From Last Year 10 Year Trend
Asset Turnover0.180.2753
Way Down
Slightly volatile
Total Current Liabilities85.1 M81 M
Sufficiently Up
Slightly volatile
Non Current Liabilities Total207.4 M311 M
Way Down
Pretty Stable
Total Assets829.9 MB
Significantly Down
Very volatile
Total Current Assets83.6 M125.2 M
Way Down
Pretty Stable
Debt Levels
Nordic American can leverage the use of borrowed funds to amplify returns from an investment. In general, analyzing the relationship between debt to total assets helps investors to understand Nordic American's financial leverage. It provides some insight into what part of Nordic American's total assets is financed by creditors.
Liquidity
Nordic American Tankers has 301.6 M in debt with debt to equity (D/E) ratio of 0.72, which is OK given its current industry classification. Nordic American Tankers has a current ratio of 1.5, which is typical for the industry and considered as normal. Note however, debt could still be an excellent tool for Nordic to invest in growth at high rates of return.

Total Cash From Operating Activities

168.38 Million
Nordic American Tankers (NAT) is traded on New York Stock Exchange in USA. It is located in Swan Building, Hamilton, Bermuda, HM12 and employs 8 people. Nordic American is listed under Oil & Gas Storage & Transportation category by Fama And French industry classification. The company currently falls under 'Small-Cap' category with a total capitalization of 559.02 M. Nordic American Tankers runs under Oil, Gas & Consumable Fuels sector within Energy industry. The entity has 211.75 M outstanding shares of which 13.57 M shares are now shorted by investors with about 5.2 days to cover. Nordic American Tankers has about 59.58 M in cash with 139.44 M of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 0.18.
Check Nordic American Probability Of Bankruptcy
Ownership Allocation
Nordic American Tankers maintains a total of 211.75 Million outstanding shares. 30% of Nordic American outstanding shares are owned by institutional investors. Institutional investors are typically referred to investors that purchase positions in a given stock to benefit from reduced commissions. Consequently, institutional investors are subject to different rules and regulations than regular investors. Please look out for any change in current institutional holding as this could mean something significant has changed at the company or is about to change. Please note that no matter how many assets the company has, if the real value of the firm is less than the current market value, you may not be able to make money on it.
Check Nordic Ownership Details

Nordic Stock Institutional Holders

InstituionRecorded OnShares
Centerbook Partners Lp2024-12-31
1.7 M
Northern Trust Corp2024-12-31
1.4 M
Vanguard Group Inc2024-12-31
1.2 M
Philip James Wealth Mangement Llc2024-12-31
1.2 M
Ubs Group Ag2024-12-31
1.1 M
Renaissance Technologies Corp2024-12-31
978.1 K
Bridgeway Capital Management, Llc2024-12-31
828.7 K
Millennium Management Llc2024-12-31
673.1 K
Wealthtrust Axiom Llc2024-12-31
652.7 K
Dimensional Fund Advisors, Inc.2024-12-31
12 M
Blackrock Inc2024-12-31
11.8 M
View Nordic American Diagnostics

Nordic American Historical Income Statement

At this time, Nordic American's Income Before Tax is comparatively stable compared to the past year. Net Income is likely to gain to about 93.3 M in 2025, despite the fact that Total Other Income Expense Net is likely to grow to (24.8 M). View More Fundamentals

Nordic Stock Against Markets

Nordic American Corporate Executives

Elected by the shareholders, the Nordic American's board of directors comprises two types of representatives: Nordic American inside directors who are chosen from within the company, and outside directors, selected externally and held independent of Nordic. The board's role is to monitor Nordic American's management team and ensure that shareholders' interests are well served. Nordic American's inside directors are responsible for reviewing and approving budgets prepared by upper management to implement core corporate initiatives and projects. On the other hand, Nordic American's outside directors are responsible for providing unbiased perspectives on the board's policies.
Bjorn GiaeverChief Financial Officer, SecretaryProfile

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.