Nordic Common Stock Total Equity from 2010 to 2024

NAT Stock  USD 2.64  0.04  1.49%   
Nordic American Common Stock Total Equity yearly trend continues to be comparatively stable with very little volatility. Common Stock Total Equity is likely to outpace its year average in 2024. Common Stock Total Equity is the total value of common stock equity held by shareholders, representing their ownership interest in the company. View All Fundamentals
 
Common Stock Total Equity  
First Reported
2000-03-31
Previous Quarter
630.5 M
Current Value
1.5 M
Quarterly Volatility
93.9 M
 
Dot-com Bubble
 
Housing Crash
 
Credit Downgrade
 
Yuan Drop
 
Covid
Check Nordic American financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Nordic American's main balance sheet or income statement drivers, such as Depreciation And Amortization of 48.7 M, Interest Expense of 32 M or Selling General Administrative of 11.5 M, as well as many indicators such as Price To Sales Ratio of 2.13, Dividend Yield of 0.12 or PTB Ratio of 1.19. Nordic financial statements analysis is a perfect complement when working with Nordic American Valuation or Volatility modules.
  
Check out the analysis of Nordic American Correlation against competitors.

Latest Nordic American's Common Stock Total Equity Growth Pattern

Below is the plot of the Common Stock Total Equity of Nordic American Tankers over the last few years. It is the total value of common stock equity held by shareholders, representing their ownership interest in the company. Nordic American's Common Stock Total Equity historical data analysis aims to capture in quantitative terms the overall pattern of either growth or decline in Nordic American's overall financial position and show how it may be relating to other accounts over time.
Common Stock Total Equity10 Years Trend
Slightly volatile
   Common Stock Total Equity   
       Timeline  

Nordic Common Stock Total Equity Regression Statistics

Arithmetic Mean1,140,093
Geometric Mean965,770
Coefficient Of Variation44.91
Mean Deviation440,335
Median1,420,000
Standard Deviation512,023
Sample Variance262.2B
Range1.7M
R-Value0.97
Mean Square Error18.8B
R-Squared0.93
Slope110,606
Total Sum of Squares3.7T

Nordic Common Stock Total Equity History

20241.8 M
20231.7 M
20201.5 M
20191.5 M
20171.4 M
2016M

About Nordic American Financial Statements

Nordic American shareholders use historical fundamental indicators, such as Common Stock Total Equity, to determine how well the company is positioned to perform in the future. Although Nordic American investors may analyze each financial statement separately, they are all interrelated. The changes in Nordic American's assets and liabilities, for example, are also reflected in the revenues and expenses on on Nordic American's income statement. Understanding these patterns can help investors time the market effectively. Please read more on our fundamental analysis page.
Last ReportedProjected for Next Year
Common Stock Total Equity1.7 M1.8 M

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Additional Tools for Nordic Stock Analysis

When running Nordic American's price analysis, check to measure Nordic American's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Nordic American is operating at the current time. Most of Nordic American's value examination focuses on studying past and present price action to predict the probability of Nordic American's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Nordic American's price. Additionally, you may evaluate how the addition of Nordic American to your portfolios can decrease your overall portfolio volatility.