Nordic American Tankers Ltd (NAT) Earnings Report, Financial Results, Financial analysis

Nordic American Tankers Ltd reported in the forth quarter of 2024 net earnings per share of $0.22 a decrease by -53.19 % year on year from $0.47 and an improvement compare to net loss per share of $0.00 realized in previous quarter.

*forth quarter of 2024*
Earnings Per Share	Revenues
$ 0.22	$ 350 Mill
$-0.25 -53.19 %	$-42M -10.71 %

Nordic American Tankers Ltd's Revenue fell by -10.71 % in forth quarter of 2024 (Dec 31 2024) year on year, to $350 million and advanced by sequentially.

Nordic American Tankers Ltd is

More on NAT's Income Statement

NAT's NET INCOME

Nordic American Tankers Ltd 's net income of $46.643 million in the forth quarter of 2024 decreased by -52.75 % from net earnings of $98.711 million achieved in IV. Quarter a year ago.

Sequentially Company turn into Profitability from net loss of $0.000 million recorded in previous quarter.

More on NAT's Growth

Nordic American Tankers Ltd Inventories
Inventories declined by -29.67 % to $21.93 million from IV. Quarter a year ago, sequentially inventories fell by 0 %. NAT's Cash flow In the forth quarter of 2024 company's net cash flow was $10 million, capital expenditures grew by -73.67-96.44%, to $-3 millions compare to same quarter a year ago

More on NAT's Cash flow Statement

Earnings quality

Nordic American Tankers Ltd payed out dividend of $0.42 per share in last 52 weeks representing 190.91 % of net earning per share in trailing twelve-month period.

During the same period Nordic American Tankers Ltd earned $ 0.61 cash per share, on a free-cash flow basis 277.53 % of net earning per share.

Book value fell by 0.00 % sequentially to $2.42 per share.
Tangible Book value fell to $ 2.42 per share from $ 2.42.

Company repurchased 0.00 million shares or 0.00 % in Dec 31 2024.
Debt Coverage Ratio was 0.17.

• More on NAT's Dividends

Market Capitalization (Millions)	556
Shares Outstanding (Millions)	210
Total Debt (Millions $)	270
Revenue (TTM) (Millions $)	350
Net Income (TTM) (Millions $)	47
Cash Flow (TTM) (Millions $)	10
Capital Exp. (TTM) (Millions $)	-3
Dividend TTM ($)	0.42 $
Dividend Yield TTM (%)	63.02 %
Employees (TTM) $	29

Earnings quality

Nordic American Tankers Ltd payed out dividend of $0.42 per share in the last 52 weeks representing 190.91 % of net earning per share in trailing twelve-month period.

During the same period Nordic American Tankers Ltd had $ 0.61 cash flow per share, on a free-cash flow basis 277.53 % of net earning per share.

Book value fell by 0.00 % sequentially to $2.42 per share.
Tangible Book value fell to $ 2.42 per share from $ 2.42.

Company repurchased 0.00 million shares or 0.00 % in Dec 31 2024.
Debt Coverage Ratio was 0.17.

• More on NAT's Balance Sheets

Market Capitalization (Millions)	556
Shares Outstanding (Millions)	210
Total Debt (Millions $)	270
Revenue (TTM) (Millions $)	350
Net Income (TTM) (Millions $)	47
Cash Flow (TTM) (Millions $)	10
Capital Exp. (TTM) (Millions $)	-3
Dividend TTM ($)	0.42 $
Dividend Yield TTM (%)	63.02 %
Employees (TTM) $	29

Nordic American Tankers Ltd

NAT's Financial Statements and Analysis