Nordic American Tankers Balance Sheet - Annual (NYSE:NAT)

Add to My Stocks
$2.73 $0.06 (2.25%) NAT stock closing price Jun 21, 2018 (Closing)

The Nordic American Tankers balance sheet is a snapshot of the company's financial health at a given point of time, whereas the other two financial statements are for a particular accounting period. All three financial statements should be used to measure the financial performance of the company, and should form a part of the Nordic American Tankers stock analysis. A company releases its balance sheet every year along with its annual results. Apart from analyzing Nordic American Tankers revenue Nordic American Tankers operating cash flow, one needs to check balance sheet items like cash, fixed assets and debt. The Nordic American Tankers balance sheet for 2017 shows cash on hand of $58.35M. The company has a debt to equity ratio of 0.55.

View latest 10 year balance sheet data to check Nordic American Tankers financial performance.
show more
Quarterly
Annual
View Previous Years
View Next Years
Fiscal year is Jan - Dec2017201620152014201320122011201020092008
Cash58.35M82.17M29.88M100.73M65.67M55.51M24M17.22M30.49M31.37M
Marketable Securities----------
Receivables22.47M18.07M28.59M16.41M18.8M12.91M19.15M11.04M22.68M40.33M
Inventory23.08M20.88M14.84M22.22M24.28M4.04M7.58M---
Raw Materials----------
Work In Progress----------
Finished Goods----------
Notes Receivable----------
Other Current Assets23.06M42.58M44.85M37.12M22.64M5.54M31.76M43.37M57.02M22.4M
Total Current Assets
126.98M163.7M118.17M176.49M131.39M78.57M83.1M71.64M110.2M94.11M
Property Plant & Equipment----------
Accumulated Depreciation----------
Net Property Plant & Equipment
935.81M1.06B962.68M909.99M911.42M964.85M1.02B988.26M825.44M707.85M
Investment & Advances12.16M16.55M64.87M55.22M64.12M----9M
Other Non-Current Assets-----36.98M18.94M---
Deferred Charges----------
Intangibles-18.97M18.97M18.97M18.97M-----
Deposits & Other Assets66.09M92.61M79.9M8.33M10.5M4.93M-23.17M10.92M2.9M
Total Assets
1.14B1.35B1.24B1.17B1.14B1.09B1.13B1.08B946.57M813.87M
Notes Payable----------
Accounts Payable3.21M4.29M4.24M6.66M6.44M4.63M5.3M2.93M3.36M1.94M
Current Portion Long-Term Debt----------
Current Portion Capital Leases----------
Accrued Expenses22.11M17.23M16.61M17.37M12.81M10.34M12.64M4.06M2.9M3.81M
Income Taxes Payable----------
Other Current Liabilities----------
Total Current Liabilities
25.33M21.52M20.85M24.03M19.26M14.97M17.94M6.99M6.81M6.21M
Mortgages----------
Deferred Taxes/Income15.81M14.51M13.04M12.91M12.19M11.26M9.87M8.13M5.68M4.07M
Convertible Debt----------
Long-Term Debt388.85M442.82M330M250M250M250M230M75M-15M
Non-Current Capital Leases----------
Other Long-Term Liabilities----------
Total Liabilities
429.99M478.85M363.9M286.94M281.45M276.24M257.82M90.12M12.49M25.29M
Minority Interest----------
Preferred Stock----------
Common Stock Net1.42M1.02M--------
Capital Surplus920.25M875.52M880.8M902.02M959.8M882.13M939.6M993.29M933.66M905.26M
Retained Earnings-209.42M-4.45M--12.8M-105.41M-73.19M-72.29M-0.8M--117.02M
Treasury Stock----------
Other Liabilities-1.18M-1.03M-0.97M-8.03M-0.16M-0.08M-0.21M---
Shareholders Equity711.06M871.04M880.72M882.07M854.98M809.38M867.56M992.95M934.08M788.58M
Total Liabilities & Shareholders Equity1.14B1.35B1.24B1.17B1.14B1.09B1.13B1.08B946.57M813.87M
All figures in USD. M: Millions of USD, B: Billions of USD.
View Previous Years
View Next Years

The latest Nordic American Tankers stock price, and Nordic American Tankers historical stock prices show the stock price movement over time, and the Nordic American Tankers 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: Anything that the Nordic American Tankers company owns and is a part of its books. Assets can be of three types: fixed, current and other assets which includes intangibles, advances. Internet companies typically don't have a lot of assets as there is not much investment in say machinery, equipment etc. Nordic American Tankers had total assets of $1.14B.
  • Liabilities: The total liabilities of Nordic American Tankers for the year 2017 total to $429.99M. Liabilities for a company like Nordic American Tankers include bank loans, services which have been availed for which a settlement in the form of cash/ asset transfer needs to be done in future etc. A firm takes on such obligations to grow its business which in turn will generate future economic benefits for its business.

Nordic American Tankers Balance Sheet - Key Ratios

Current ratio
5.01
Debt to equity ratio
0.55
Asset turnover ratio
0.12
Receivables turnover
6.68
Price to book ratio
0.5