Nordic American Tankers (NAT) Long-Term Investments (2011 - 2019)
Nordic American Tankers (NAT) posted Long-Term Investments of $2.7 million for Q2 2019, down 34.52% on a QoQ basis from $4.2 million in Q4 2018, and down 70.9% year-over-year from $9.4 million in Q2 2018.
Analysis
Nordic American Tankers (NAT) Long-Term Investments (2011 - 2019) Analysis & Trends
Nordic American Tankers has reported Long-Term Investments for 9 years, with the latest figure at $2.7 million in Q2 2019.
- On a quarterly basis, Long-Term Investments fell 70.9% year-over-year to $2.7 million in Q2 2019; TTM through Jun 2019 was $2.7 million, a 70.9% decrease from a year earlier, with the FY2018 full-year figure at $4.2 million, down 65.5% from the prior year.
- Long-Term Investments was $2.7 million for Q2 2019 at Nordic American Tankers, down from $4.2 million in the prior quarter.
- The five-year high for Long-Term Investments was $59.7 million in Q2 2016, with the low at -$9.5 million in Q4 2015.
- Average Long-Term Investments over 5 years is $20.5 million, with a median of $12.2 million recorded in 2017.
- The sharpest annual moves came in 2015 and 2017: Long-Term Investments increased 16.62% in 2015, then slumped 76.56% in 2017.
- Over 5 years, Long-Term Investments stood at -$9.5 million in 2015, then soared by 698.98% to $57.0 million in 2016, then tumbled by 78.64% to $12.2 million in 2017, then tumbled by 65.5% to $4.2 million in 2018, then tumbled by 34.52% to $2.7 million in 2019.
- The last three Long-Term Investments figures came in at $2.7 million (Q2 2019), $4.2 million (Q4 2018), and $8.4 million (Q3 2018), per Business Quant data.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Long-Term Investments (Qtr) |
|---|---|---|---|---|---|
| 1 | Frontline | 10.27 Bn | 9.94 Bn | - | 32.54 Mn |
| 2 | Kirby | 7.43 Bn | 7.39 Bn | 290.80 Mn | - |
| 3 | Matson | 6.74 Bn | 6.62 Bn | - | 106.20 Mn |
| 4 | International Seaways | 5.17 Bn | 5.17 Bn | 467.16 Mn | 21.84 Mn |
| 5 | Hafnia | 4.59 Bn | 4.31 Bn | 372.91 Mn | 381.87 Mn |
| 6 | Cmb.Tech | 4.47 Bn | 4.31 Bn | 970.62 Mn | 154.22 Mn |
| 7 | Scorpio Tankers | 4.26 Bn | 2.42 Bn | 343.91 Mn | - |
| 8 | Star Bulk Carriers | 3.68 Bn | 3.11 Bn | 299.80 Mn | 452,000.00 |
| 9 | Torm | 3.56 Bn | -626.52 Mn | 652.00 Mn | - |
| 10 | Nordic American Tankers | 1.53 Bn | 1.40 Bn | 53.91 Mn | - |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2019 | 2.75 Mn |
| Dec 31, 2018 | 4.20 Mn |
| Sep 30, 2018 | 8.36 Mn |
| Jun 30, 2018 | 9.44 Mn |
| Mar 31, 2018 | 10.75 Mn |
| Dec 31, 2017 | 12.16 Mn |
| Sep 30, 2017 | 13.35 Mn |
| Jun 30, 2017 | 19.55 Mn |
| Mar 31, 2017 | 21.60 Mn |
| Sep 30, 2016 | 56.95 Mn |
| Jun 30, 2016 | 59.73 Mn |
| Dec 31, 2015 | -9.51 Mn |
| Sep 30, 2015 | 57.24 Mn |
| Dec 31, 2014 | -11.40 Mn |
| Sep 30, 2014 | 58.43 Mn |
| Dec 31, 2013 | -65.00 Mn |
| Mar 31, 2012 | 142,000.00 |
| Dec 31, 2011 | 61,000.00 |