Nordic American Tankers Cash Flow - Quarterly (NYSE:NAT)

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$2.99 $0.26 (9.52%) NAT stock closing price Jun 22, 2018 (Closing)

The Nordic American Tankers cash flow statement is one of the important reports considered by investors doing a fundamental analysis of the company. 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 Tankers profits and Nordic American Tankers debt. Nordic American Tankers had cash and cash equivalents of $82.17M at beginning of the quarter and $36.74M at quarter end of 2018 Q1. Nordic American Tankers cash flow analysis tells whether or not the company has enough cash for its day to day activities, and for investing for future growth. The cash from operating activities for Nordic American Tankers is $ 2018 Q1, which saw a decrease from previous quarter.

View and download details of Nordic American Tankers cash flows for latest & last 40 quarters
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Quarterly
Annual
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Fiscal year is Jan - Dec2018 Q12017 Q42017 Q32017 Q22017 Q12016 Q42016 Q32016 Q22016 Q12015 Q4
Net Income Cash Flow
--204.96M-53.6M---4.45M---114.62M
Depreciation Depletion Amortization Cash-Flow-102.06M77.21M--92.27M---83.85M
Net Increase (Decrease) in Assets Liabilities-13.86M19.87M--6.87M----15.74M
Cash From (used in) Discontinued Operations----------
Other Adjustments Net-120.78M-6.44M--33.09M----8.33M
Net Cash from (used by) Operating Activities
-11.73M31.74M37.04M38.99M27.31M127.78M124.27M104.47M53.96M174.39M
Increase (Decrease) in Prop Plant And Equipment-1.42M-37.56M-47.74M-46.89M-33.39M-138.36M-142.02M-84.12M-0.95M-123.14M
Acquisition Disposition of Subsidiaires-----10M-----9.5M
Increase (Decrease) in Investments-0.06M-10M--------
Other Cash Inflow (Outflow) from Investment Activities-1.04M----48.44M1.5M1.13M--64.77M
Net Cash from (used by) Investment Activities
-1.28M-46.52M-46.9M-46.34M-43.39M-186.8M-140.52M-82.98M-0.22M-197.42M
Issuance (Purchase) of Equity Shares-0.02M103.74M-0.04M-0.04M-0.04M120.06M120.09M---
Issuance (Repayment) of Debt Securities----------
Increase (Decrease) in Bank & Other Borrowings-4.26M-55.35M---117M117M55M-80M
Payment of Dividends & Other Cash Distributions-4.26M-54.22M-51.16M-40.78M-20.39M-125.65M-99.14M-76.81M-38.4M-123.07M
Other Cash from (used by) Financing Activities--13.12M----0.13M-0.08M-0.08M-0.06M-4.64M
Net Cash from (used by) Financing Activities
-8.53M-18.96M-51.21M-40.83M-20.44M111.28M137.87M-21.89M-38.46M-47.71M
Effect of Exchange Rate Changes on Cash-0.08M9.93M10.05M--0.01M-----0.1M
Net Change in Cash & Cash Equivalents
-21.62M-23.81M-51.02M-48.17M-36.52M52.28M121.66M-0.37M15.31M-70.84M
Cash & Equivalents at Beginning of Year82.17M29.88M100.73M65.67M55.51M24M17.22M30.49M31.37M13.34M
Cash & Equivalents at Year End36.74M58.35M31.14M33.99M45.64M82.17M151.55M29.51M45.2M29.88M
All figures in USD. M: Millions of USD, B: Billions of USD.
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Nordic American Tankers stock price history provides insight into historical stock price fluctuations, and Nordic American Tankers stock comparison chart enables peer comparison. Some of the key terms used in the statement of cash flows are:

  • Nordic American Tankers has cash of $36.74M 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 Tankers stock price.
  • Nordic American Tankers decreased its cash from operating activities to $-11.73M till 2018 Q1. Operating activities include production of goods or creating a product or providing a service, and collecting payment for the same from customers. The cash generated from these activities is refered to as cash flow from operating activities.
  • Cash Flow from investment activities: This includes buying/selling of land and equipment, acquisitions and mergers, sell-off, investment in other companies like buying bonds, stocks etc., and was $-1.28M for NAT till last quarter 2018 Q1 report.
  • Cash Flow from financing activities: Financing activities include the cash that comes into a company in the form of loans or interest earned or shareholders money, as well as the cash that goes out. Nordic American Tankers spent $-8.53M from financing activities,in the form of repayment of loans or interest paid, dividend pay-out to shareholders etc.

Key Financial Ratios For Nordic American Tankers Cash Flow

FCF margin
0.13

Quarterly Cash Flow Statements For Nordic American Tanker Ltd Peers

Frontline cash flow, Safe Bulkers cash flow, Teekay cash flow