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Year on year Nordic American Tankers Ltd grew revenues 15.43% from 339.34m to 391.69m while net income improved 553.67% from 15.10m to 98.71m.
| Gross margin | 47.19% |
|---|---|
| Net profit margin | 16.96% |
| Operating margin | 25.15% |
| Return on assets | 7.07% |
|---|---|
| Return on equity | 11.44% |
| Return on investment | 8.66% |
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Cash flow in USDView more
In 2023, cash reserves at Nordic American Tankers Ltd fell by 29.94m. However, the company earned 139.45m from its operations for a Cash Flow Margin of 35.60%. In addition the company used 73.67m on investing activities and also paid 95.67m in financing cash flows.
| Cash flow per share | 0.554 |
|---|---|
| Price/Cash flow per share | 6.81 |
| Book value per share | 2.52 |
|---|---|
| Tangible book value per share | 2.52 |
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Balance sheet in USDView more
| Current ratio | 0.7945 |
|---|---|
| Quick ratio | 0.6328 |
| Total debt/total equity | 0.5434 |
|---|---|
| Total debt/total capital | 0.3521 |
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Growth rates in USD
Year on year, both dividends per share and earnings per share excluding extraordinary items growth increased 345.45% and 532.41%, respectively. The positive trend in dividend payments is noteworthy since only some companies in the Oil Well Services & Equipment industry pay a dividend. Additionally, five year annualized dividend per share growth ranks above the industry average relative to its peers.
| Div yield(5 year avg) | 7.22% |
|---|---|
| Div growth rate (5 year) | 47.58% |
| Payout ratio (TTM) | 145.63% |
| EPS growth(5 years) | -- |
|---|---|
| EPS (TTM) vs TTM 1 year ago | -48.55 |
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