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

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$0.96 $0.03 (3.03%) NAO stock closing price Sep 25, 2018 (Closing)

The financial analysis of NAO requires an investor to check the cash flows for Nordic American Offshore. This report provides details about cash inflows and outflows due to the company's business and investment activities, and summarize cash outflows for a given quarter. For Nordic American Offshore profits one has to check the income statement and for Nordic American Offshore debt one has to check the balance sheet. Nordic American Offshore saw a cash impact of $48.33M from the issuance of NAO shares. The cash flow statement helps in the Nordic American Offshore stock analysis by providing more information for evaluating changes in assets, liabilities and equities. Nordic American Offshore saw a outflow of $-0.83M from investing activities for 2017.

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.

The statement of cash flows comprises of cash flow from financing, cash flow from operations and cash flow from investing activities. All the three can have an impact on the stock price. The Nordic American Offshore stock price history and Nordic American Offshore stock comparison chart inevitably reflect its cash flow situation.

  • Nordic American Offshore has cash of $31.5M on hand. A healthy amount of cash on hand is necessary for any company. Cash has an opportunity cost associated with it, and too much cash in bank may mean that the firm has no or limited growth plans. Hence its important to track the Net Change in Cash and Cash Equivalents along with the Nordic American Offshore stock price.
  • Cash Flow from operating activities: Operating activities include the core business activities. This line item refers to the cash generated from the same and stood at a negative value of $-14.03M for NAO.
  • Cash from investing stood at a negative value of $-0.83M for NAO stock. A company with surplus cash usually thinks of re-investing it in the form of buying fixed assests, or purchasing plant/ machinery which will help grow the business further. By looking at cash flow from investment activities one can check where the company is putting its cash.
  • 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