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

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$1.19 $0.05 (4.39%) NAO stock closing price Mar 16, 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 $136.46M at the end of 2017 Q3. 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 0.55.

View and download Nordic American Offshore quarterly results to get the balance sheet details for the latest 40 quarters data.
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Fiscal year is Jan - Dec2017 Q32017 Q22017 Q12016 Q42016 Q32016 Q22016 Q12015 Q42015 Q3
Marketable Securities---------
Raw Materials---------
Work In Progress---------
Finished Goods---------
Notes Receivable---------
Other Current Assets2.6M2.16M2.04M2.22M2.24M2.85M3.04M4.45M3.86M
Total Current Assets
Property Plant & Equipment---409.13M---339.67M-
Accumulated Depreciation---42.18M---26.03M-
Net Property Plant & Equipment
Investment & Advances------7.99M7.99M-
Other Non-Current Assets---------
Deferred Charges---------
Deposits & Other Assets------1.07M1.16M9.21M
Total Assets
Notes Payable---------
Accounts Payable1.14M1.38M1.4M-1.13M1.71M1.36M1.23M1.62M
Current Portion Long-Term Debt---------
Current Portion Capital Leases---------
Accrued Expenses---2.21M---5.28M-
Income Taxes Payable---------
Other Current Liabilities2.92M2.03M3.61M-3.18M3.46M4.36M1.21M6.03M
Total Current Liabilities
Deferred Taxes/Income---------
Convertible Debt---------
Long-Term Debt136.46M136.37M136.28M136.19M132M132M62M47M-
Non-Current Capital Leases---------
Other Long-Term Liabilities-----1.01M1.4M1.77M44.14M
Total Liabilities
Minority Interest---------
Preferred Stock---------
Common Stock Net---------
Capital Surplus---276.95M-----
Retained Earnings----42.99M-----
Treasury Stock---------
Other Liabilities---------
Shareholders Equity257.88M264.88M274.28M234.19M244.64M254.42M263.63M280.85M290.87M
Total Liabilities & Shareholders Equity398.43M404.69M415.69M374.85M381.65M392.62M332.76M337.36M342.67M
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 $398.43M for 2017 Q3 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 $140.55M.

Nordic American Offshore Balance Sheet - Key Ratios

Current ratio
Debt to equity ratio
Asset turnover ratio
Receivables turnover
Price to book ratio