Nordic American Tankers Revenue, Profits - NAT Annual Income Statement

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$2.6 $0.02 (0.76%) NAT stock closing price Jun 19, 2018 (Closing)

Financial statements provide us with a way to gain insights and undertake the fundamental analysis of a company. Checking Nordic American Tankers stock price alone is not sufficient. An income statement is one of the three key financial statements furnished by a company, the other two being the balance sheet and the cashflow statement. The income statement is generated for a specific period of time, typically a year or a quarter. The revenue decrease to $297.14M for 2017 impacts the NAT stock. Investors typically check year over year or quarter over quarter revenue growth. Along with Nordic American Tankers assets and Nordic American Tankers free cash flow, Nordic American Tankers profits as shown in profit and loss statement give key insights about the business. The net profit for 2017 is $-204.96M and the 2017 revenue is $297.14M.

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Quarterly
Annual
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Fiscal year is Jan - Dec2017201620152014201320122011201020092008
Nordic American Tankers Revenues or Net Sales
297.14M357.45M445.73M351.04M243.65M130.68M94.78M126.41M124.37M228M
Cost Of Goods Sold (COGS)230.12M206.25M225.24M261.93M238.33M102.63M69.78M47.11M52.09M45.64M
Nordic American Tankers Gross Profit
67.01M151.19M220.49M89.11M5.32M28.04M25M79.3M72.27M182.35M
Research & Development Expense----------
Selling General & Admin Expense142.03M6.96M9.79M13.36M24.55M26.73M31.59M15.98M14.81M12.78M
Income Before Depreciation Depletion Amortization-75.02M144.23M210.7M75.75M-19.23M1.31M-6.58M63.32M57.45M169.57M
Depreciation Depletion Amortization100.66M90.88M82.61M80.53M74.37M69.21M64.62M62.54M55.03M48.28M
Non Operating Income-0.29M-46.52M-2.51M4.25M-0.2M-1.04M---
Interest Expense20.46M11.17M10.85M12.24M11.51M5.85M2.13M1.97M1.79M3.39M
Nordic American Tankers Pretax Income
-196.45M-4.35M114.72M-12.76M-105.33M-73.19M-72.29M-0.8M1.01M118.84M
Provision for Income Taxes----------
MinorityInterest----------
Investment Gains Losses-8.43M---------
Other Income----------
Income Before Extraordinaries & Disc Operations-204.96M-4.45M114.62M-12.8M-105.41M-73.19M-72.29M-0.8M1.01M118.84M
Extraordinary Items & Discontinued Operations----------
Nordic American Tankers Profit/ Loss (Net Income)
-204.96M-4.45M114.62M-12.8M-105.41M-73.19M-72.29M-0.8M1.01M118.84M
Average Shares used to compute Diluted EPS103.83M101.97M89.18M89.18M75.38M52.55M47.3M46.9M42.21M32.74M
Average Shares used to compute Basic EPS103.83M92.53M89.18M85.4M64.1M52.55M47.16M46.55M40.45M32.74M
Income Before Nonrecurring Items-73.47M32.87M114.63M-10.24M-96.65M-61.16M-69.9M-1.01M118.84M
Income from Nonrecurring Items-2.04M----8.77M-12.03M-2.4M-1.5M--
Nordic American Tankers Earnings Per Share Basic Net
-0.730.361.29-0.12-1.64-1.39-1.53-0.020.033.63
Nordic American Tankers Earnings Per Share Diluted Net
-0.730.361.29-0.11-1.40-1.38-1.53-0.020.023.63
EPS Diluted Before Nonrecurring Items-0.710.361.29-0.11-1.24-1.16-1.480.010.023.63
Preferred Dividends Acc Pd----------
Dividends Common----------
Dividend Per Share Common0.581.371.380.780.641.201.151.702.354.89
All figures in USD. M: Millions of USD, B: Billions of USD.
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It is very helpful to read a report on Nordic American Tankers stock analysis. An investor must check the following items in an income statement:

  • Revenue: This is the inflow that is generated from the sale of goods or services and is $297.14M for this year of 2017. Our Nordic American Tankers revenue chart gives a clear visual representation of how the topline or sales growth has been. Investors often invest only in those companies where the revenue is growing at a steady rate.
  • Bottom line: The word bottom line comes because it is usually the last line of the income statement and refers to the actual profits after deducting all expenses from the revenues. NAT stock had a poor bottom line growth.

The income statement is also called statement of revenue and expense. The NAT financials along with Nordic American Tankers historical stock prices provide a lot of details about the firm.

Nordic American Tankers Income Statement - Key Financial Ratios

PS Ratio (price sales ratio)
2.22
Operating Margin
0
Dividend Yield
15.65%