Nordic American Tankers (Nordic American Tankers) Other Long Term Assets : $1.7 Mil (As of Dec. 2023)

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What is Nordic American Tankers Other Long Term Assets?

Nordic American Tankers's other long-term assets for the quarter that ended in Dec. 2023 was $1.7 Mil.

Nordic American Tankers's quarterly other long-term assets increased from Jun. 2023 ($0.8 Mil) to Sep. 2023 ($1.5 Mil) and increased from Sep. 2023 ($1.5 Mil) to Dec. 2023 ($1.7 Mil).

Nordic American Tankers's annual other long-term assets declined from Dec. 2021 ($1.9 Mil) to Dec. 2022 ($0.1 Mil) but then increased from Dec. 2022 ($0.1 Mil) to Dec. 2023 ($1.7 Mil).

Nordic American Tankers Other Long Term Assets Historical Data

The historical data trend for Nordic American Tankers's Other Long Term Assets can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

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Nordic American Tankers Other Long Term Assets Chart

Nordic American Tankers Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Other Long Term Assets

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0.06

1.02

1.90

0.15

1.70

Nordic American Tankers Quarterly Data
	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23
Other Long Term Assets	Get a 7-Day Free Trial															0.15	1.89	0.78	1.48	1.70

Nordic American Tankers Other Long Term Assets Calculation

GuruFocus lists Investments And Advances, Intangible Assets, Property, Plant and Equipment and Other Long Term Assets under the "Total Long-Term Assets" section.

Other Long Term Assets includes following items:
Investment in Properties
Non-current Accounts Receivable
Non-current Note Receivables
Non-current Deferred Assets
Non-current Prepaid Assets
Defined Pension Benefit
Other (too numerous to list)
Some companies can do choose to report each of these items separately. Yet, there are a variety of Other Long Term Assets which are simply too numerous to list.

Nordic American Tankers (Nordic American Tankers) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Transportation » Nordic American Tankers Ltd (NYSE:NAT) » Definitions » Other Long Term Assets

Comparable Companies

Traded in Other Exchanges

B30:Germany B3O:Germany

Address

26 Victoria Street, Swan Building, Hamilton, BMU, HM 12

Website

https://www.nat.bm

Nordic American Tankers Ltd owns and operates double hull crude oil tankers. It is an international tanker company that owns double-hull Suezmax tankers. It operates vessels in the spot market or on spot market-related charters pursuant to cooperative arrangements with third parties. The company's fleet consists of crude oil tankers, and all of its vessels are employed in the spot market. The company has only one type of vessel - Suezmax crude oil tankers. It operates in markets that are very competitive and based mainly on supply and demand.