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

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$2.03 $0.11 (5.14%) NAT stock closing price Mar 22, 2018 (Closing)

The fundamental analysis of this company requires a thorough look at Nordic American Tankers balance sheet. As in our Nordic American Tankers stock analysis, analyzing a company also involves looking at the company's assets and liabilities as given in its balance sheet, which can be used to measure financial performance. Quarterly results announcements include the release of all three financial statements, of which the balance sheet is one. 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 Q3 shows cash on hand of $31.14M. The company has a debt to equity ratio of 0.46.

View and download Nordic American Tankers 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 Assets20.71M27.97M28.25M42.58M28.76M26.05M34.85M44.85M24.6M
Total Current Assets
Property Plant & Equipment---------
Accumulated Depreciation---------
Net Property Plant & Equipment
Investment & Advances13.34M19.55M21.6M16.55M56.95M59.72M62.4M64.87M57.24M
Other Non-Current Assets---------
Deferred Charges---------
Deposits & Other Assets50.6M60.61M60.59M92.61M42.49M81.96M79.6M79.9M51.31M
Total Assets
Notes Payable---------
Accounts Payable3.79M4.34M4.22M4.29M3.6M4.67M4.33M4.24M4.4M
Current Portion Long-Term Debt---------
Current Portion Capital Leases---------
Accrued Expenses22.8M7.22M9.25M17.23M9.21M6.89M5.48M16.61M4.2M
Income Taxes Payable---------
Other Current Liabilities-9.54M13.84M-8.76M9.66M12.99M-7.73M
Total Current Liabilities
Deferred Taxes/Income14.76M14.75M14.93M14.51M15.47M14.89M13.55M13.04M12.22M
Convertible Debt---------
Long-Term Debt443.86M443.51M443.16M442.82M442.47M385M330M330M250M
Non-Current Capital Leases---------
Other Long-Term Liabilities---------
Total Liabilities
Minority Interest---------
Preferred Stock---------
Common Stock Net1.02M--1.02M-----
Capital Surplus235.4M--235.05M---114.67M-
Retained Earnings526.33M--636.01M---766.12M-
Treasury Stock---------
Other Liabilities-0.88M---1.03M----0.97M-
Shareholders Equity761.87M811.22M847.32M871.04M936.72M846.52M871.84M880.72M884.32M
Total Liabilities & Shareholders Equity1.25B1.29B1.33B1.35B1.42B1.27B1.24B1.24B1.16B
All figures in USD. M: Millions of USD, B: Billions of USD.
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Most investors just check the Nordic American Tankers stock price, and Nordic American Tankers historical stock prices before investing. While share price is an important factor, one should also look at financials and valuation metrics like the Nordic American Tankers PE ratio chart. Below is a brief explanation of common balance sheet terms:

  • Assets: NAT total assets, which was at $1.25B for 2017 Q3 is a balance sheet item representing value of what Nordic American Tankers 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: The total liabilities of Nordic American Tankers for the quarter 2017 Q3 total to $485.22M. 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
Debt to equity ratio
Asset turnover ratio
Receivables turnover
Price to book ratio

Quarterly Balance Sheets For Nordic American Tanker Ltd Peers

Frontline balance sheet, SEACOR MARINE balance sheet, Teekay balance sheet