Nordic American Tankers (Nordic American Tankers) Other Operating Expense : $-0.0 Mil (TTM As of Dec. 2023)

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What is Nordic American Tankers Other Operating Expense?

Nordic American Tankers's Other Operating Expense for the three months ended in Dec. 2023 was $-0.0 Mil. Its Other Operating Expense for the trailing twelve months (TTM) ended in Dec. 2023 was $-0.0 Mil.

Nordic American Tankers's quarterly Other Operating Expense declined from Jun. 2023 ($0.0 Mil) to Sep. 2023 ($0.0 Mil) and declined from Sep. 2023 ($0.0 Mil) to Dec. 2023 ($-0.0 Mil).

Nordic American Tankers's annual Other Operating Expense increased from Dec. 2021 ($-4.7 Mil) to Dec. 2022 ($-0.0 Mil) and increased from Dec. 2022 ($-0.0 Mil) to Dec. 2023 ($0.0 Mil).

Nordic American Tankers Other Operating Expense Historical Data

The historical data trend for Nordic American Tankers's Other Operating Expense 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 Operating Expense Chart

Nordic American Tankers Annual Data

Trend

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Dec23

Other Operating Expense

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-4.68

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 Operating Expense	Get a 7-Day Free Trial															-	-	-	-	-

Nordic American Tankers Other Operating Expense Calculation

GuruFocus uses a standardized financial statement format for all companies. For non-financial companies, GuruFocus lists Selling, General, & Admin. Expense, , Research & Development, and Other Operating Expense under the "Total Operating Expense" section.

Other Operating Expense sometimes includes:
Restructuring, and merger
Acquisition related and other
Litigation settlement charge
Other (too numerous to list)

Some companies can and do choose to report each of these items separately. Yet, there are a variety of Other Operating Expense which are simply too numerous to list.

Other Operating Expense for the trailing twelve months (TTM) ended in Dec. 2023 adds up the quarterly data reported by the company within the most recent 12 months, which was $-0.0 Mil.

Nordic American Tankers Other Operating Expense 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 » Other Operating Expense

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.