Nordic American Tankers Limited (FRA:B3O)

Nordic American Tankers Balance Sheet

Financials in millions USD. Fiscal year is January - December.

Fiscal Year	TTM	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020
Period Ending	Sep 30, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020
Cash & Equivalents	67.58	39.18	31.08	59.58	34.74	57.85
Cash & Short-Term Investments	67.58	39.18	31.08	59.58	34.74	57.85
Cash Growth	66.88%	26.06%	-47.84%	71.52%	-39.95%	16.46%
Receivables	16.06	16.22	26.29	20.47	9.37	6.35
Inventory	30.44	28.5	42.36	49.43	31.36	24.05
Prepaid Expenses	8.12	6.23	4.32	5.98	4.85	5.48
Restricted Cash	-	5.21	2.28	3.72	9.91	4.22
Other Current Assets	9.67	3.44	2.58	3.48	16.88	1.57
Total Current Assets	131.88	98.77	108.91	142.66	107.11	99.52
Property, Plant & Equipment	791.84	718.82	770.29	737.07	742.15	873.8
Other Long-Term Assets	3.25	-	-	0.15	1.9	1.02
Total Assets	926.96	817.59	879.2	879.88	851.15	974.35
Accounts Payable	4.03	7.05	3.77	6.96	6.55	4.1
Accrued Expenses	17.71	16.73	17.69	17.79	18.99	10.94
Current Portion of Long-Term Debt	35.4	21.56	31.9	39.7	37.55	22.09
Current Portion of Leases	-	0.33	-	-	-	-
Current Unearned Revenue	-	5.63	3.95	6.15	2.76	0.14
Other Current Liabilities	10.36	8.49	13.18	1.82	1.8	2.4
Total Current Liabilities	67.5	59.79	70.48	72.41	67.65	39.68
Long-Term Debt	397.65	248.14	269.7	266.34	283.41	334.62
Long-Term Leases	-	-	-	0.54	1.15	0.73
Other Long-Term Liabilities	0.69	0.85	0.72	0.62	0.72	0.2
Total Liabilities	465.84	308.77	340.89	339.9	352.93	375.22
Common Stock	461.12	2.12	2.09	2.09	1.84	1.51
Additional Paid-In Capital	-	519.39	595.83	695.94	669.3	598.93
Retained Earnings	-	-10.87	-57.52	-156.23	-171.33	-
Comprehensive Income & Other	-	-1.82	-2.09	-1.81	-1.58	-1.32
Shareholders' Equity	461.12	508.81	538.3	539.98	498.22	599.13
Total Liabilities & Equity	926.96	817.59	879.2	879.88	851.15	974.35
Total Debt	433.05	270.03	301.6	306.57	322.11	357.44
Net Cash (Debt)	-365.47	-230.85	-270.52	-246.99	-287.37	-299.59
Net Cash Per Share	-1.72	-1.10	-1.30	-1.22	-1.77	-2.01
Filing Date Shares Outstanding	211.75	211.75	208.8	208.8	201.67	154.39
Total Common Shares Outstanding	211.75	211.75	208.8	208.8	183.69	151.4
Working Capital	64.38	38.99	38.43	70.25	39.46	59.84
Book Value Per Share	2.18	2.40	2.58	2.59	2.71	3.96
Tangible Book Value	461.12	508.81	538.3	539.98	498.22	599.13
Tangible Book Value Per Share	2.18	2.40	2.58	2.59	2.71	3.96
Machinery	-	1,140	1,139	1,066	1,193	1,317
Construction In Progress	-	-	-	-	24.27	11

Source: S&P Global Market Intelligence. Standard template. Financial Sources.