NAT
Price:
$3.6
Market Cap:
$751.67M
Nordic American Tankers Limited, a tanker company, acquires and charters double-hull tankers in Bermuda and internationally. It operates a fleet of 24 Suezmax crude oil tankers. The company was formerly known as Nordic American Tanker Shipping Limited and changed its name to Nordic American Tankers Limited in June 2011. The company was incorporated in 1995 and is based in Hamilton, Bermuda.[Read more]
Industry
Marine Shipping
IPO Date
1997-09-30
Stock Exchange
NYSE
Ticker
NAT
According to Nordic American Tankers Limited’s latest financial reports and current stock price. The company's current Current Ratio is 0.77. This represents a change of -40.00% compared to the average of 1.28 of the last 4 quarters.
The mean historical Current Ratio of Nordic American Tankers Limited over the last ten years is 3.93. The current 0.77 Current Ratio has changed 1.85% with respect to the historical average. Over the past ten years (40 quarters), NAT's Current Ratio was at its highest in in the June 2014 quarter at 11.52. The Current Ratio was at its lowest in in the March 2024 quarter at 0.77.
Average
3.93
Median
2.81
Minimum
1.55
Maximum
7.61
Discovering the peaks and valleys of Nordic American Tankers Limited Current Ratio, unveiling quarterly and yearly fluctuations to gain insights into the company’s financial performance and market dynamics, offering valuable data for investors and analysts alike.
Maximum Annual Increase = 23.14%
Maximum Annual Current Ratio = 7.61
Minimum Annual Increase = -37.92%
Minimum Annual Current Ratio = 1.55
Year | Current Ratio | Change |
---|---|---|
2023 | 1.55 | -21.11% |
2022 | 1.96 | 23.14% |
2021 | 1.59 | -36.58% |
2020 | 2.51 | 14.44% |
2019 | 2.19 | -29.58% |
2018 | 3.11 | -37.92% |
2017 | 5.01 | -34.08% |
2016 | 7.61 | 17.85% |
2015 | 6.45 | -12.12% |
2014 | 7.34 | 7.66% |
The current Current Ratio of Nordic American Tankers Limited (NAT) is less than than its 3-year, less than than its 5-year, and less than than its 10-year historical averages
3-year avg
1.70
5-year avg
1.96
10-year avg
3.93
Nordic American Tankers Limited’s Current Ratio is less than Genco Shipping & Trading Limited (3.59), less than Golden Ocean Group Limited (1.17), less than Eagle Bulk Shipping Inc. (0.89), less than Star Bulk Carriers Corp. (1.51), less than OceanPal Inc. (12.38), less than Navios Maritime Holdings Inc. (1.20), less than Danaos Corporation (4.18), less than Costamare Inc. (1.61), less than Global Ship Lease, Inc. (1.42), less than Euroseas Ltd. (1.46), greater than Diana Shipping Inc. (0),
Company | Current Ratio | Market cap |
---|---|---|
3.59 | $711.06M | |
1.17 | $2.27B | |
0.89 | $693.38M | |
1.51 | $2.36B | |
12.38 | $10.81M | |
1.20 | $51.82M | |
4.18 | $1.49B | |
1.61 | $1.57B | |
1.42 | $814.86M | |
1.46 | $300.18M | |
0 | $277.94M |
One of the best ways to find valuable stocks to invest in is to build a custom made screener in your Excel or Google Sheets spreadsheet. This allows you to compare thousands of companies like Nordic American Tankers Limited using the financials and key metrics that matter to you in a single view.
The easiest way to set this up is to use the Wisesheets add-on and set your spreadsheet like this:
Covering all these metrics from financial, data, dividend data, key metrics and more you can get all the data you want for over 50+ exchanges worldwide.
Get your free trial here.
The easiest way to analyze a company like Nordic American Tankers Limited or any others is to create a spreadsheet model that automatically retrieves all of the stock data you need.
Using Wisesheets you can set up a spreadsheet model like this with simple spreadsheet formulas. If you change the ticker you can get all of the data automatically updated for you.
Whether you need live data, historical price data, financials, dividend data, key metrics, analyst estimates, or anything else...Wisesheets has you covered.
What is the Current Ratio?
How can you use the Current Ratio?
What is Nordic American Tankers Limited's Current Ratio?
How is the Current Ratio calculated for Nordic American Tankers Limited (NAT)?
What is the highest Current Ratio for Nordic American Tankers Limited (NAT)?
What is the 3-year average Current Ratio for Nordic American Tankers Limited (NAT)?
What is the 5-year average Current Ratio for Nordic American Tankers Limited (NAT)?
How does the current Current Ratio for Nordic American Tankers Limited (NAT) compare to its historical average?