Nordic Total Liab from 2010 to 2024

NAT Stock  USD 2.68  0.20  6.94%   
Nordic American Total Liabilities yearly trend continues to be comparatively stable with very little volatility. Total Liabilities will likely drop to about 222.4 M in 2024. Total Liabilities is the total amount of all liabilities that Nordic American Tankers has, including both short-term and long-term liabilities. View All Fundamentals
 
Total Liabilities  
First Reported
1998-09-30
Previous Quarter
341 M
Current Value
336 M
Quarterly Volatility
166.9 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 Total Liab Growth Pattern

Below is the plot of the Total Liab of Nordic American Tankers over the last few years. It is the total amount of all liabilities that a company has, including both short-term and long-term liabilities. Nordic American's Total Liabilities 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.
Total Liab10 Years Trend
Slightly volatile
   Total Liab   
       Timeline  

Nordic Total Liab Regression Statistics

Arithmetic Mean327,342,802
Geometric Mean234,337,609
Coefficient Of Variation36.36
Mean Deviation85,068,771
Median340,892,000
Standard Deviation119,010,943
Sample Variance14163.6T
Range477.7M
R-Value0.41
Mean Square Error12681.4T
R-Squared0.17
Significance0.13
Slope10,927,149
Total Sum of Squares198290.5T

Nordic Total Liab History

2024222.4 M
2023340.9 M
2022340.8 M
2021352.9 M
2020375.2 M
2019435.5 M
2018469.1 M

About Nordic American Financial Statements

Nordic American shareholders use historical fundamental indicators, such as Total Liab, 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
Total Liabilities340.9 M222.4 M

Thematic Opportunities

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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.