Nordic American Offshore Balance Sheet - Quarterly (NYSE:NAO)

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$1.1 $0.01 (0.9%) NAO stock closing price Jun 15, 2018 (Closing)

The financial analysis of a company like Nordic American Offshore involves checking the three financial statements of the company in detail, of which the balance sheet is one. Balance sheet items like cash at hand, total assets and liabilities helps one analyze a company and summarize the financial performance of the company like we have in our Nordic American Offshore stock analysis. Quarterly results are typically accompanied with the company releasing financial statements. Nordic American Offshore had a long term debt of $136.64M at the end of 2018 Q1. To understand the debt servicing capacity of the company, one needs to look at Nordic American Offshore operating cash flow and Nordic American Offshore revenue also. Nordic American Offshore debt to equity ratio is 0.58.

View and download Nordic American Offshore quarterly results to get the balance sheet details for the latest 40 quarters data.
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Quarterly
Annual
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Fiscal year is Jan - Dec2018 Q12017 Q42017 Q32017 Q22017 Q12016 Q42016 Q32016 Q22016 Q12015 Q4
Cash23.3M31.5M35.3M40.49M46.87M2.95M3.66M8.64M6.25M5.33M
Marketable Securities----------
Receivables2.67M2.09M4.27M2.05M2.13M1.49M2.21M3.32M3.44M3.97M
Inventory1.59M1.51M1.2M1.19M1.67M1.24M1.44M1.45M--
Raw Materials----------
Work In Progress----------
Finished Goods----------
Notes Receivable----------
Other Current Assets2.49M1.96M2.6M2.16M2.04M2.22M2.24M2.85M3.04M4.45M
Total Current Assets
30.04M37.07M43.39M45.9M52.72M7.9M9.57M16.27M13.63M14.56M
Property Plant & Equipment-410.29M---409.13M---339.67M
Accumulated Depreciation-59.65M---42.18M---26.03M
Net Property Plant & Equipment
346.86M350.63M355.03M358.78M362.96M366.94M371.18M375.36M310.06M313.64M
Investment & Advances--------7.99M7.99M
Other Non-Current Assets----------
Deferred Charges----------
Intangibles----------
Deposits & Other Assets--------1.07M1.16M
Total Assets
376.9M387.71M398.43M404.69M415.69M374.85M381.65M392.62M332.76M337.36M
Notes Payable----------
Accounts Payable-1.04M1.14M1.38M1.4M-1.13M1.71M1.36M1.23M
Current Portion Long-Term Debt----------
Current Portion Capital Leases----------
Accrued Expenses-1.76M---2.21M---5.28M
Income Taxes Payable----------
Other Current Liabilities1.87M-2.92M2.03M3.61M-3.18M3.46M4.36M1.21M
Total Current Liabilities
2.64M2.8M4.06M3.41M5.02M4.08M4.31M5.17M5.72M7.73M
Mortgages----------
Deferred Taxes/Income----------
Convertible Debt----------
Long-Term Debt136.64M136.55M136.46M136.37M136.28M136.19M132M132M62M47M
Non-Current Capital Leases----------
Other Long-Term Liabilities-------1.01M1.4M1.77M
Total Liabilities
139.36M139.43M140.55M139.81M141.4M140.65M137M138.19M69.13M56.51M
Minority Interest----------
Preferred Stock----------
Common Stock Net----------
Capital Surplus-319.94M---276.95M----
Retained Earnings--72.32M----42.99M----
Treasury Stock----------
Other Liabilities----------
Shareholders Equity237.54M248.27M257.88M264.88M274.28M234.19M244.64M254.42M263.63M280.85M
Total Liabilities & Shareholders Equity376.9M387.71M398.43M404.69M415.69M374.85M381.65M392.62M332.76M337.36M
All figures in USD. M: Millions of USD, B: Billions of USD.
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The latest Nordic American Offshore stock price, and Nordic American Offshore historical stock prices show the stock price movement over time, and the Nordic American Offshore PE ratio chart displays the PE ratio movement. Apart from stock price, one should also look at balance sheet items which mainly comprise of the following:

  • Assets: NAO total assets, which was at $376.9M for 2018 Q1 is a balance sheet item representing value of what Nordic American Offshore owns. Assets are brought to aid a firms operations, or to increase its economic value. It must be noted that tech stocks may not have a lot of assets, as the value for these companies is often derived from future earning potential.
  • Liabilities: This item on the balance sheet implies the firm's, in this case Nordic American Offshore's, legal obligations including loans, accounts payable, deferred revenue, accrued expenses and mortgages. The total liabilities for NAO stock stand at $139.36M.

Nordic American Offshore Balance Sheet - Key Ratios

Current ratio
11.38
Debt to equity ratio
0.58
Asset turnover ratio
0.03
Receivables turnover
5.83
Price to book ratio
0.27