Nordic American Tankers (Nordic American Tankers) Total Liabilities

: $340.9 Mil (As of Dec. 2023)

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Nordic American Tankers's Total Liabilities for the quarter that ended in Dec. 2023 was $340.9 Mil.

Nordic American Tankers's quarterly Total Liabilities declined from Jun. 2023 ($330.49 Mil) to Sep. 2023 ($303.39 Mil) but then increased from Sep. 2023 ($303.39 Mil) to Dec. 2023 ($340.89 Mil).

Nordic American Tankers's annual Total Liabilities declined from Dec. 2021 ($352.93 Mil) to Dec. 2022 ($339.90 Mil) but then increased from Dec. 2022 ($339.90 Mil) to Dec. 2023 ($340.89 Mil).

Nordic American Tankers Total Liabilities Historical Data

The historical data trend for Nordic American Tankers's Total Liabilities 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 Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Total Liabilities

435.48

375.22

352.93

339.90

340.89

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
Total Liabilities																339.90	306.96	330.49	303.39	340.89

Nordic American Tankers Total Liabilities Calculation

Total Liabilities are the liabilities that the company has to pay others. It is a part of the balance sheet of a company that shareholders do not own, and would be obligated to pay back if the company liquidated.

Nordic American Tankers's Total Liabilities for the fiscal year that ended in Dec. 2023 is calculated as

Total Liabilities	=	Total Current Liabilities	+	Total Noncurrent Liabilities
	=	Total Current Liabilities	+	(Long-Term Debt & Capital Lease Obligation	+	Other Long-Term Liabilities
	=	70.478	+	(269.697	+	0.71699999999998
	+	NonCurrent Deferred Liabilities	+	PensionAndRetirementBenefit)
	+	0	+	0)
	=	340.9

Total Liabilities	=	Total Assets (A: Dec. 2023 )	-	Total Equity (A: Dec. 2023 )
	=	879.196	-	538.304
	=	340.9

Nordic American Tankers's Total Liabilities for the quarter that ended in Dec. 2023 is calculated as

Total Liabilities	=	Total Current Liabilities	+	Total Noncurrent Liabilities
	=	Total Current Liabilities	+	(Long-Term Debt & Capital Lease Obligation	+	Other Long-Term Liabilities
	=	70.478	+	(269.697	+	0.71699999999998
	+	NonCurrent Deferred Liabilities	+	PensionAndRetirementBenefit)
	+	0	+	0)
	=	340.9

Total Liabilities	=	Total Assets (Q: Dec. 2023 )	-	Total Equity (Q: Dec. 2023 )
	=	879.196	-	538.304
	=	340.9

Nordic American Tankers Total Liabilities Related Terms

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Nordic American Tankers (Nordic American Tankers) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Transportation » Nordic American Tankers Ltd (NYSE:NAT) » Definitions » Total Liabilities

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.