Nordic American Offshore Cash Flow - Annual (NYSE:NAO)

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$1.19 $0.07 (6.25%) NAO stock closing price Jun 22, 2018 (Closing)

The Nordic American Offshore cash flow statement is one of the three reports that the company generates every quarter. In simple terms, the cash flow statement measures the cash that has come into the company, and the cash that has gone out during a given period, while the other statements, the income statement and balance sheet, give details about Nordic American Offshore profits and Nordic American Offshore debt. Nordic American Offshore cash flow analysis is possible because this statement breaks down how balance sheet accounts and income statement items affect cash and cash equivalents. Nordic American Offshore had cash and cash equivalents of $2.95M at the beginning of the year and $31.5M at year end for 2017. Nordic American Offshore has a positive cash and cash equivalents change of $28.55M.

View details of Nordic American Offshore cash flows for latest & last 10 financial years
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Fiscal year is Jan - Dec2017201620152014
Net Income Cash Flow
-29.32M-32.15M-10.84M6.93M
Depreciation Depletion Amortization Cash-Flow17.83M16.41M14.68M11.39M
Net Increase (Decrease) in Assets Liabilities-2.19M-0.4M2.64M-
Cash From (used in) Discontinued Operations----
Other Adjustments Net-0.35M-0.12M-0.49M-1.14M
Net Cash from (used by) Operating Activities
-14.03M-16.26M5.98M17.18M
Increase (Decrease) in Prop Plant And Equipment-0.83M-61.58M-63.52M-133.27M
Acquisition Disposition of Subsidiaires----
Increase (Decrease) in Investments----
Other Cash Inflow (Outflow) from Investment Activities---1.69M-15.1M
Net Cash from (used by) Investment Activities
-0.83M-61.58M-65.22M-148.38M
Issuance (Purchase) of Equity Shares48.33M-8.51M-5.6M100.19M
Issuance (Repayment) of Debt Securities----
Increase (Decrease) in Bank & Other Borrowings-90M47M-
Payment of Dividends & Other Cash Distributions-4.93M-5.99M-21.92M-31.22M
Other Cash from (used by) Financing Activities---1.21M-0.76M
Net Cash from (used by) Financing Activities
43.4M75.49M18.25M68.21M
Effect of Exchange Rate Changes on Cash--0.03M-0.07M-0.43M
Net Change in Cash & Cash Equivalents
28.55M-2.38M-41.05M-63.42M
Cash & Equivalents at Beginning of Year2.95M5.33M46.39M109.81M
Cash & Equivalents at Year End31.5M2.95M5.33M46.39M
All figures in USD. M: Millions of USD, B: Billions of USD.

Nordic American Offshore stock comparison chart provides an easy way to compare the stock price with peers along with details of Nordic American Offshore stock price history.
The statement of cash flows can be categorized into three main sections:

  • Nordic American Offshore had a Net Change in Cash and Cash Equivalents of $28.55M for the latest year 2017. If a firm is able to grow its cash, it is considered to be a positive signal and could lead to a jump in the Nordic American Offshore stock price, albeit too much cash on hand can imply the company has no or limited avenues for growth in which to invest this cash.
  • The cash generated from the core business or operations was a negative at $-14.03M for Nordic American Offshore in the latest 2017. For an internet company, this would include all those activities which are involved in eventually selling advertisement space on its website or any online service.
  • Cash Flow from investment activities: Nordic American Offshore used $-0.83M cash due to investment activities. It includes the use of cash outside of normal day to day activities like buying fixed assets, plant and machinery etc.
  • Cash flow from financing activities shows the flow of cash between Nordic American Offshore and its owners and creditors and was $43.4M for 2017. Financing activities allow a company to raise capital, and repay bondholders.

Key Financial Ratios For Nordic American Offshore Cash Flow