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

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$2.05 $0.05 (2.5%) NAT stock closing price Sep 19, 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 $58.36M at beginning of the quarter and $46.48M at quarter end of 2018 Q2. 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 Q2, 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 Q22018 Q12017 Q42017 Q32017 Q22017 Q12016 Q42016 Q32016 Q22016 Q1
Net Income Cash Flow
---204.96M-53.6M---4.45M---
Depreciation Depletion Amortization Cash-Flow--102.06M77.21M--92.27M---
Net Increase (Decrease) in Assets Liabilities--13.86M19.87M--6.87M---
Cash From (used in) Discontinued Operations----------
Other Adjustments Net--120.78M-6.44M--33.09M---
Net Cash from (used by) Operating Activities
-12.74M-11.72M31.74M37.04M38.99M27.31M127.78M124.27M104.47M53.96M
Increase (Decrease) in Prop Plant And Equipment22.14M-1.41M-37.56M-47.74M-46.89M-33.39M-138.36M-142.02M-84.12M-0.95M
Acquisition Disposition of Subsidiaires------10M----
Increase (Decrease) in Investments--0.06M-10M-------
Other Cash Inflow (Outflow) from Investment Activities--1.04M----48.44M1.5M1.13M-
Net Cash from (used by) Investment Activities
22.38M-1.27M-46.52M-46.9M-46.34M-43.39M-186.8M-140.52M-82.98M-0.22M
Issuance (Purchase) of Equity Shares-0.02M-0.01M103.74M-0.04M-0.04M-0.04M120.06M120.09M--
Issuance (Repayment) of Debt Securities----------
Increase (Decrease) in Bank & Other Borrowings-15.77M-4.25M-55.35M---117M117M55M-
Payment of Dividends & Other Cash Distributions-5.68M-4.25M-54.22M-51.16M-40.78M-20.39M-125.65M-99.14M-76.81M-38.4M
Other Cash from (used by) Financing Activities---13.12M----0.13M-0.08M-0.08M-0.06M
Net Cash from (used by) Financing Activities
-21.46M-8.53M-18.96M-51.21M-40.83M-20.44M111.28M137.87M-21.89M-38.46M
Effect of Exchange Rate Changes on Cash-0.05M-0.08M9.93M10.05M--0.01M----
Net Change in Cash & Cash Equivalents
-11.88M-21.61M-23.81M-51.02M-48.17M-36.52M52.28M121.66M-0.37M15.31M
Cash & Equivalents at Beginning of Year58.36M82.17M29.88M100.73M65.67M55.51M24M17.22M30.49M31.37M
Cash & Equivalents at Year End46.48M36.74M58.35M31.14M33.99M45.64M82.17M151.55M29.51M45.2M
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 $46.48M 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 $-12.74M till 2018 Q2. 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 $22.38M for NAT till last quarter 2018 Q2 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 $-21.46M 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
0.83

Quarterly Cash Flow Statements For Nordic American Tanker Ltd Peers

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