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Nordic American Tankers Limited (NAT)

(Delayed Data from NYSE)

$3.77 USD

3.77
3,013,883

-0.08 (-2.08%)

Updated Apr 18, 2024 04:00 PM ET

After-Market: $3.76 -0.01 (-0.27%) 7:58 PM ET

Zacks Rank:

This is our short term rating system that serves as a timeliness indicator for stocks over the next 1 to 3 months. How good is it? See rankings and related performance below.

Zacks Rank Definition Annualized Return
1Strong Buy24.15%
2Buy18.00%
3Hold9.44%
4Sell5.10%
5Strong Sell2.53%
S&P50011.08%

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3-Hold of 5     3    

Style Scores:

The Style Scores are a complementary set of indicators to use alongside the Zacks Rank. It allows the user to better focus on the stocks that are the best fit for his or her personal trading style.

The scores are based on the trading styles of Value, Growth, and Momentum. There's also a VGM Score ('V' for Value, 'G' for Growth and 'M' for Momentum), which combines the weighted average of the individual style scores into one score.

Value Score A
Growth Score A
Momentum Score A
VGM Score A

Within each Score, stocks are graded into five groups: A, B, C, D and F. As you might remember from your school days, an A, is better than a B; a B is better than a C; a C is better than a D; and a D is better than an F.

As an investor, you want to buy stocks with the highest probability of success. That means you want to buy stocks with a Zacks Rank #1 or #2, Strong Buy or Buy, which also has a Score of an A or a B in your personal trading style.

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C Value C Growth F Momentum D VGM

Industry Rank:

The Zacks Industry Rank assigns a rating to each of the 265 X (Expanded) Industries based on their average Zacks Rank.

An industry with a larger percentage of Zacks Rank #1's and #2's will have a better average Zacks Rank than one with a larger percentage of Zacks Rank #4's and #5's.

The industry with the best average Zacks Rank would be considered the top industry (1 out of 265), which would place it in the top 1% of Zacks Ranked Industries. The industry with the worst average Zacks Rank (265 out of 265) would place in the bottom 1%.

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Top 22% (55 out of 251)

Industry: Transportation - Shipping

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Better trading starts here.

Balance Sheet

Research for NAT

The Zacks Equity Research reports, or ZER for short, are our in-house, independently produced research reports.

The ever popular one-page Snapshot reports are generated for virtually every single Zacks Ranked stock. It's packed with all of the company's key stats and salient decision making information. Including the Zacks Rank, Zacks Industry Rank, Style Scores, the Price, Consensus & Surprise chart, graphical estimate analysis and how a stocks stacks up to its peers.

The detailed multi-page Analyst report does an even deeper dive on the company's vital statistics. In addition to all of the proprietary analysis in the Snapshot, the report also visually displays the four components of the Zacks Rank (Agreement, Magnitude, Upside and Surprise); provides a comprehensive overview of the company business drivers, complete with earnings and sales charts; a recap of their last earnings report; and a bulleted list of reasons to buy or sell the stock. It also includes an industry comparison table to see how your stock compares to its expanded industry, and the S&P 500.

Researching stocks has never been so easy or insightful as with the ZER Analyst and Snapshot reports.

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Fiscal Year End for Nordic American Tankers Limited falls in the month of December.

All items in Millions except Per Share data.

12/31/2023 12/31/2022 12/31/2021 12/31/2020 12/31/2019
Assets          
Cash & Equivalents 33 63 45 62 62
Receivables 26 20 9 6 25
Notes Receivable NA 0 0 0 0
Inventories 31 25 21 19 22
Other Current Assets 18 33 32 12 20
Total Current Assets 109 143 107 100 129
Net Property & Equipment 769 735 740 872 900
Investments & Advances NA 0 0 0 0
Other Non-Current Assets NA 0 0 0 0
Deferred Charges NA 0 0 0 0
Intangibles NA 0 0 0 0
Deposits & Other Assets 2 1 3 1 2
Total Assets 879 880 851 974 1,031
Liabilities & Shareholders Equity 12/31/2023 12/31/2022 12/31/2021 12/31/2020 12/31/2019
Notes Payable NA 0 0 0 0
Accounts Payable 3 7 7 4 8
Current Portion Long-Term Debt 32 40 38 22 24
Current Portion Capital Leases NA 0 0 0 0
Accrued Expenses 12 11 15 5 12
Income Taxes Payable NA 0 0 0 0
Other Current Liabilities 23 14 9 8 16
Total Current Liabilities 70 72 68 40 59
Mortgages NA 0 0 0 0
Deferred Taxes/Income NA 0 0 0 0
Convertible Debt NA 0 0 0 0
Long-Term Debt 270 266 283 335 375
Non-Current Capital Leases NA 0 0 0 0
Other Non-Current Liabilities 1 1 1 0 0
Minority Interest (Liabilities) NA 0 0 0 0
Total Liabilities 341 340 353 375 435
Shareholders Equity 12/31/2023 12/31/2022 12/31/2021 12/31/2020 12/31/2019
Preferred Stock NA 0 0 0 0
Common Stock (Par) NA 2 2 2 1
Capital Surplus NA 696 669 599 606
Retained Earnings NA -156 -171 0 -10
Other Equity NA -2 -2 -1 -1
Treasury Stock NA 0 0 0 0
Total Shareholder's Equity 538 540 498 599 595
Total Liabilities & Shareholder's Equity 879 880 851 974 1,031
Total Common Equity 100,537 540 498 599 595
Shares Outstanding 208.80 193.40 180.80 151.40 147.20
Book Value Per Share 481.50 2.79 2.76 3.96 4.04

Fiscal Year End for Nordic American Tankers Limited falls in the month of December.

All items in Millions except Per Share data.

3/31/2024 12/31/2023 9/30/2023 6/30/2023 3/31/2023
Assets          
Cash & Equivalents -99,999 -99,966 74 102 61
Receivables NA 26 22 28 26
Notes Receivable NA NA 0 0 0
Inventories NA 31 22 23 26
Other Current Assets NA 18 14 18 25
Total Current Assets NA 109 133 171 139
Net Property & Equipment NA 769 702 710 722
Investments & Advances NA NA 0 0 0
Other Non-Current Assets NA NA 0 0 0
Deferred Charges NA NA 0 0 0
Intangibles NA NA 0 0 0
Deposits & Other Assets NA 2 1 1 2
Total Assets NA 879 836 882 863
Liabilities & Shareholders Equity 3/31/2024 12/31/2023 9/30/2023 6/30/2023 3/31/2023
Notes Payable NA NA 0 0 0
Accounts Payable NA 3 4 2 3
Current Portion Long-Term Debt NA 32 26 43 124
Current Portion Capital Leases NA NA 0 0 0
Accrued Expenses NA 12 6 10 7
Income Taxes Payable NA NA 0 0 0
Other Current Liabilities NA 23 38 39 11
Total Current Liabilities NA 70 73 94 145
Mortgages NA NA 0 0 0
Deferred Taxes/Income NA NA 0 0 0
Convertible Debt NA NA 0 0 0
Long-Term Debt NA 270 229 236 161
Non-Current Capital Leases NA NA 0 0 0
Other Non-Current Liabilities NA 1 1 1
Minority Interest (Liabilities) NA NA 0 0 0
Total Liabilities NA 341 303 330 307
Shareholders Equity 3/31/2024 12/31/2023 9/30/2023 6/30/2023 3/31/2023
Preferred Stock NA NA 0 0 0
Common Stock (Par) NA NA 0 0 0
Capital Surplus NA NA 0 0 0
Retained Earnings NA NA 0 0 0
Other Equity NA NA 0 0 0
Treasury Stock NA NA 0 0 0
Total Shareholder's Equity NA 538 533 552 556
Total Liabilities & Shareholder's Equity NA 879 836 882 863
Total Common Equity 0 100,537 533 552 556
Shares Outstanding 208.80 208.80 208.80 208.80 208.80
Book Value Per Share 0.00 481.50 2.55 2.64 2.66