Nordic Short Term Debt from 2010 to 2024

NAT Stock  USD 2.68  0.20  6.94%   
Nordic American Short Term Debt yearly trend continues to be comparatively stable with very little volatility. Short Term Debt will likely drop to about 30.3 M in 2024. From the period from 2010 to 2024, Nordic American Short Term Debt quarterly data regression had r-value of (0.48) and coefficient of variation of  98.70. View All Fundamentals
 
Short Term Debt  
First Reported
1998-12-31
Previous Quarter
101.5 M
Current Value
98.7 M
Quarterly Volatility
161.3 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 Short Term Debt Growth Pattern

Below is the plot of the Short Term Debt of Nordic American Tankers over the last few years. It is Nordic American's Short Term Debt 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.
Short Term Debt10 Years Trend
Slightly volatile
   Short Term Debt   
       Timeline  

Nordic Short Term Debt Regression Statistics

Arithmetic Mean157,337,192
Geometric Mean55,179,478
Coefficient Of Variation98.70
Mean Deviation140,651,021
Median39,700,000
Standard Deviation155,294,749
Sample Variance24116.5T
Range442.8M
R-Value(0.48)
Mean Square Error19882.2T
R-Squared0.23
Significance0.07
Slope(16,814,346)
Total Sum of Squares337630.4T

Nordic Short Term Debt History

202430.3 M
202331.9 M
202239.7 M
202137.5 M
202022.1 M
201923.5 M
201818.7 M

About Nordic American Financial Statements

Nordic American shareholders use historical fundamental indicators, such as Short Term Debt, 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
Short Term Debt31.9 M30.3 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.