Company logo

NAT - Nordic American Tankers Limited

NYSE -> Industrials -> Marine Shipping
Hamilton, Bermuda
Type: Equity

NAT price evolution
NAT
(in millions $) 30 Nov 2023 28 Aug 2023 30 Jul 2023 27 Apr 2023
Current assets
Cash $69.15 $96.48 $59.58
Short term investments $14.42 $17.5 $33.46
Net receivables $21.96 $27.54 $27.54 $20.47
Inventory $22.19 $23.23 $23.23 $25.43
Total current assets $132.62 $170.69 $170.69 $142.66
Long term investments $703.72 $711.8 $737.22
Property, plant & equipment $702.24 $710.12 $710.12 $735.86
Goodwill & intangible assets
Total noncurrent assets
Total investments
Total assets $836.33 $882.49 $882.49 $879.88
Current liabilities
Accounts payable $3.99 $1.71 $1.71 $6.96
Deferred revenue
Short long term debt $25.86 $121.23 $39.7
Total current liabilities $73.42 $172.03 $172.03 $72.41
Long term debt $229.31 $157.51 $157.51 $266.34
Total noncurrent liabilities
Total debt
Total liabilities $303.39 $330.49 $330.49 $339.9
Shareholders' equity
Retained earnings -$156.23
Other shareholder equity $538.3 $532.94 $552 $556.02
Total shareholder equity $532.94 $552 $539.98
(in millions $) 31 Jan 2024 31 Jan 2023 30 Dec 2021 30 Dec 2020
Current assets
Cash $59.58 $34.74 $57.85
Short term investments $33.46 $17.25 $11.7
Net receivables $26.29 $20.47 $9.37 $6.35
Inventory $31.18 $25.43 $31.36 $24.05
Total current assets $108.91 $143.51 $107.61 $99.52
Long term investments $737.22 $744.04 $874.83
Property, plant & equipment $768.58 $735.13 $790.94 $873.8
Goodwill & intangible assets
Total noncurrent assets $874.83
Total investments
Total assets $879.2 $880.74 $903.06 $974.35
Current liabilities
Accounts payable $3.45 $6.96 $6.55 $4.1
Deferred revenue
Short long term debt $39.7 $37.55 $22.09
Total current liabilities $70.48 $73.27 $67.64 $39.68
Long term debt $269.7 $266.34 $283.41 $334.62
Total noncurrent liabilities $335.54
Total debt
Total liabilities $340.89 $340.75 $352.93 $375.22
Shareholders' equity
Retained earnings -$156.23 -$171.33
Other shareholder equity $538.3 $539.98 -$1.58 -$1.32
Total shareholder equity $539.98 $550.13 $599.13
(in millions $) 30 Nov 2023 28 Aug 2023 30 Jul 2023 27 Apr 2023
Revenue
Total revenue $48.04 $67.8 $67.8 $241.69
Cost of revenue $170.51
Gross Profit $48.04 $67.8 $51.87 $71.17
Operating activities
Research & development
Selling, general & administrative $6.29 $5 $5.16
Total operating expenses $33.57 $33.65 $17.73 $203.63
Operating income $14.47 $34.15 $38.06
Income from continuing operations
EBIT $14.47 $34.15 $38.06
Income tax expense $0.02
Interest expense -$7.7
Net income
Net income $7.49 $26.81 $26.81 $36.03
Income (for common shares) $7.49 $26.81 $36.03
(in millions $) 31 Jan 2024 31 Jan 2023 31 Jan 2022 30 Dec 2020
Revenue
Total revenue $262.18 $168.82 $354.62
Cost of revenue $187.97
Gross Profit $202.18 $105.39 $166.65
Operating activities
Research & development
Selling, general & administrative $17.59
Total operating expenses $74.29 $69.22 $273.39
Operating income $81.23
Income from continuing operations
EBIT $81.23
Income tax expense $0.06
Interest expense -$29.2 -$27.05 -$31.48
Net income
Net income $98.71 $15.1 $50.03
Income (for common shares) $50.03
(in millions $) 30 Nov 2023 28 Aug 2023 30 Jul 2023 27 Apr 2023
Net income $7.49 $26.81 $36.03
Operating activities
Depreciation $50.42
Business acquisitions & disposals
Stock-based compensation
Total cash flows from operations $26.95 $48.02 $40.54
Investing activities
Capital expenditures -$0.14 -$0.13 -$5.19
Investments
Total cash flows from investing -$0.14 -$0.13 -$0.3 $15.74
Financing activities
Dividends paid -$31.3
Sale and purchase of stock
Net borrowings $171.6 $164.75 $213
Total cash flows from financing -$55.2 -$6.55 -$59.6 -$44.05
Effect of exchange rate -$0.1
Change in cash and equivalents $69.15 $96.48 $39.1 $59.58
(in millions $) 31 Jan 2024 31 Jan 2023 30 Dec 2021 30 Dec 2020
Net income -$119.42 $50.03
Operating activities
Depreciation $68.35 $67.83
Business acquisitions & disposals
Stock-based compensation
Total cash flows from operations -$44.46 $110.94
Investing activities
Capital expenditures -$17.73 -$18.08
Investments $0.6
Total cash flows from investing -$73.67 -$14.34 -$3.46 -$17.48
Financing activities
Dividends paid -$89.78 -$22.68 -$9.7 -$67.24
Sale and purchase of stock
Net borrowings -$38.74 -$46.23
Total cash flows from financing -$95.67 $9.01 $30.51 -$93.08
Effect of exchange rate -$0.04 -$0.14 -$0.01 $0.04
Change in cash and equivalents -$29.94 $18.65 -$17.42 $0.43
Fundamentals
Market cap $818.48M
Enterprise value N/A
Shares outstanding 208.80M
Revenue $425.31M
EBITDA N/A
EBIT N/A
Net Income $97.14M
Revenue Q/Q 1.38%
Revenue Y/Y N/A
P/E ratio 8.43
EV/Sales N/A
EV/EBITDA N/A
EV/EBIT N/A
P/S ratio 1.92
P/B ratio -152.59
Book/Share -0.03
Cash/Share 0.33
EPS $0.47
ROA 11.16%
ROE N/A
Debt/Equity N/A
Net debt/EBITDA N/A
Current ratio 1.81
Quick ratio 1.50