NORDIC AMER TANKER
NORDIC AMER TANKER operates in Diversified Metals & Mining.
NORDIC AMER TANKER (B3O) - Total Assets
Latest total assets as of June 2024: €861.81 Million EUR
Based on the latest financial reports, NORDIC AMER TANKER (B3O) holds total assets worth €861.81 Million EUR as of June 2024.
Total assets represent everything the company owns and controls, combining both current assets—like cash and cash equivalents, accounts receivable, and inventories—and non-current assets such as property, plant, equipment (PP&E), intangible assets, and long-term investments.
NORDIC AMER TANKER - Total Assets Trend (2016–2023)
This chart illustrates how NORDIC AMER TANKER’s total assets have evolved over time, based on quarterly financial data. Explore and compare other companies by total assets.
NORDIC AMER TANKER - Asset Composition Analysis
Current Asset Composition (December 2023)
NORDIC AMER TANKER's total assets of €861.81 Million consist of 12.4% current assets and 87.6% non-current assets.
| Asset Category | Amount (EUR) | % of Total Assets |
|---|---|---|
| Cash & Equivalents | €0.00 | 3.5% |
| Accounts Receivable | €26.29 Million | 3.0% |
| Inventory | €31.18 Million | 3.6% |
| Property, Plant & Equipment | €0.00 | 0.0% |
| Intangible Assets | €0.00 | 0.0% |
| Goodwill | €0.00 | 0.0% |
Asset Composition Trend (2016–2023)
This chart illustrates how NORDIC AMER TANKER's asset composition has evolved over time. Understanding changes in asset allocation can provide insights into the company's strategic shifts, capital allocation priorities, and business focus evolution.
Key Asset Composition Facts
- Current vs. Non-Current Assets: NORDIC AMER TANKER's current assets represent 12.4% of total assets in 2023, an increase from 12.1% in 2016.
- Cash Position: Cash and equivalents constituted 3.5% of total assets in 2023, down from 6.1% in 2016.
- Tangible vs. Intangible: Intangible assets (including goodwill) make up 0.0% of total assets, a decrease from 1.0% in 2016.
- Asset Diversification: The largest asset category is inventory at 3.6% of total assets.
NORDIC AMER TANKER Competitors by Total Assets
Key competitors of NORDIC AMER TANKER based on total assets are shown below.
| Company | Country | Total Assets |
|---|---|---|
|
XIWANG SPECIAL STEE (2XI.SG)
STU:2XI
|
Germany | €15.07 Billion |
|
LINDT & SPRUENGLI N - Dusseldorf Stock Exchang
DU:LSPN
|
Germany | €7.86 Billion |
|
PRICELINE.COM
BE:PCE1
|
Germany | €27.98 Billion |
|
PRICELINE GROUP (PCE1.SG)
STU:PCE1
|
Germany | €27.98 Billion |
|
MURPHY USA
BE:1MU
|
Germany | €4.40 Billion |
|
RESMED (RME.SG)
STU:RME
|
Germany | €7.22 Billion |
|
DIOS EXPLORATIONS
BE:BFM
|
Germany | €7.25 Million |
|
CHINA YUCHAI INTL (CYD.SG)
STU:CYD
|
Germany | €25.76 Billion |
NORDIC AMER TANKER - Asset Efficiency Metrics
Asset efficiency metrics measure how effectively a company uses its assets to generate revenue and profits. These indicators help investors evaluate management's ability to deploy capital efficiently.
Asset Turnover Ratio
Measures how efficiently a company uses its assets to generate sales
Moderate asset utilization - NORDIC AMER TANKER generates 0.45x its asset value in annual revenue.
Return on Assets (ROA)
Measures how efficiently a company uses its assets to generate profits
Excellent ROA - For every $100 in assets, NORDIC AMER TANKER generates $ 11.23 in net profit.
NORDIC AMER TANKER - Liquidity and Working Capital Analysis
Liquidity ratios measure a company's ability to pay off its short-term debts as they come due, using the company's current or quick assets. Working capital represents the operational liquidity available.
Key Liquidity Metrics
| Metric | Current | 1 Year Ago | 5 Years Ago |
|---|---|---|---|
| Current Ratio | 0.79 | 1.82 | 2.33 |
| Quick Ratio | 0.63 | 1.57 | 1.96 |
| Cash Ratio | 0.00 | 0.00 | 0.00 |
| Working Capital | €-30.38 Million | € 76.77 Million | € 56.63 Million |
NORDIC AMER TANKER - Advanced Valuation Insights
This section examines the relationship between NORDIC AMER TANKER's asset base and its market valuation, helping to identify whether the company's assets are efficiently translated into market value.
Key Valuation Metrics
| Current Price-to-Book Ratio | - |
| Latest Market Cap to Assets Ratio | 0.00 |
| Asset Growth Rate (YoY) | -0.1% |
| Total Assets | €879.20 Million |
| Market Capitalization | $46.10K USD |
Valuation Analysis
Below Book Valuation: The market values NORDIC AMER TANKER's assets below their book value (0.00 x), which may indicate investor concerns about asset quality or future growth.
Slight Asset Contraction: NORDIC AMER TANKER's assets decreased by 0.1% over the past year, which may reflect streamlining or optimization of resources.
Annual Total Assets for NORDIC AMER TANKER (2016–2023)
The table below shows the annual total assets of NORDIC AMER TANKER from 2016 to 2023.
| Year | Total Assets | Change |
|---|---|---|
| 2023-12-31 | €879.20 Million | -0.08% |
| 2022-12-31 | €879.88 Million | +3.38% |
| 2021-12-31 | €851.15 Million | -12.64% |
| 2020-12-31 | €974.35 Million | -5.49% |
| 2019-12-31 | €1.03 Billion | -3.75% |
| 2018-12-31 | €1.07 Billion | -6.13% |
| 2017-12-31 | €1.14 Billion | -15.47% |
| 2016-12-31 | €1.35 Billion | -- |