Earnings Summary

Nordic American Tankers Limited’s revenue jumped 387.1% since last year same period to $110.21Mn in the Q4 2022. On a quarterly growth basis, Nordic American Tankers Limited has generated 132.59% jump in its revenue since last 3-months.

Nordic American Tankers Limited’s net profit jumped 149.39% since last year same period to $36.03Mn in the Q4 2022. On a quarterly growth basis, Nordic American Tankers Limited has generated 260% jump in its net profits since last 3-months.

Nordic American Tankers Limited’s net profit margin jumped 110.14% since last year same period to 32.69% in the Q4 2022. On a quarterly growth basis, Nordic American Tankers Limited has generated 54.78% jump in its net profit margins since last 3-months.

Nordic American Tankers Limited’s price-to-earnings ratio after this Q4 2022 earnings stands at 82.37.

Nordic American Tankers Limited’s earning per share (EPS) estimates for the current quarter stand at 0.21 - a 250% jump from last quarter’s estimates.

Nordic American Tankers Limited’s earning per share (EPS) estimates for the current year stand at 0.21.

Return on assets (ROA) indicates the profitability of the company in relation to its total assets. This ratio tells the financial health of the company. The higher the ROA, the better the company’s financial health. If any company has a ROA in the range of 5% to 20% - it is generally considered good. ROA above 20% is generally considered excellent. Nordic American Tankers Limited’s return on assets (ROA) stands at 0.03.

The Return On Equity ratio indicates a company’s ability to turn equity capital received from shareholders into profits. ROE highlights the efficiency of equity capital in running the business. Generally, a return on equity in double digits is considered good. Nordic American Tankers Limited’s return on equity (ROE) stands at 16.99.

Nordic American Tankers Limited declared 0.05 dividend per share during the earnings announcement for Q4 2022.