Nordic American Tankers Limited (NAT)

Nordic American Tankers Cash Flow Statement

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

Year Ending	TTM	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020	Dec 31, 2019
Net Income	98.71	98.71	15.1	-171.33	50.03	-10.35
Depreciation & Amortization	51.4	51.4	50.42	68.35	67.83	63.97
Share-Based Compensation	2.2	2.2	0.48	0.34	0.29	0.16
Other Operating Activities	-12.87	-12.87	-41.86	58.18	-7.21	-0.91
Operating Cash Flow	139.45	139.45	24.13	-44.46	110.94	52.86
Operating Cash Flow Growth	477.79%	477.79%	-	-	109.89%	-
Capital Expenditures	-73.67	-73.67	-14.34	-3.47	-18.08	-2.53
Change in Investments	0	0	0	0	0.6	0.21
Investing Cash Flow	-73.67	-73.67	-14.34	-3.47	-17.48	-2.32
Dividends Paid	-89.78	-89.78	-22.68	-9.7	-67.24	-14.26
Share Issuance / Repurchase	0	0	49.1	80.05	20.71	17.92
Debt Issued / Paid	-5.89	-5.89	-17.41	-39.84	-46.55	-41.92
Financing Cash Flow	-95.67	-95.67	9.01	30.51	-93.08	-38.25
Exchange Rate Effect	-0.04	-0.04	-0.14	-0.01	0.04	0.02
Net Cash Flow	-29.9	-29.9	18.8	-17.41	0.39	12.29
Free Cash Flow	65.78	65.78	9.79	-47.92	92.87	50.33
Free Cash Flow Growth	571.79%	571.79%	-	-	84.53%	-26.69%
Free Cash Flow Margin	16.79%	16.79%	2.89%	-25.08%	26.19%	15.87%
Free Cash Flow Per Share	0.32	0.32	0.05	-0.29	0.62	0.35

Source: Financials are provided by Nasdaq Data Link and sourced from the audited annual (10-K) and quarterly (10-Q) reports submitted to the Securities and Exchange Commission (SEC).