Balance Sheet Data

Nordic American Tankers Limited (NAT)

$3.52

+0.02 (+0.57%)

Year
A/P
2017
Actual
2018
Actual
2019
Actual
2020
Actual
2021
Actual
2022
Projected
2023
Projected
2024
Projected
2025
Projected
2026
Projected
Total Cash 58.3649.3349.6757.8534.7430.9328.8226.8525.0223.31
Total Cash (%)
Account Receivables 22.4722.5924.586.359.3710.629.909.228.598
Account Receivables (%)
Inventories 23.0920.2922.4719.4120.8713.6312.7011.8311.0210.27
Inventories (%)
Accounts Payable 3.223.588.414.106.553.403.172.952.752.56
Accounts Payable (%)
Capital Expenditure -37.57-4.87-2.53-18.08-17.73-10.50-9.79-9.12-8.50-7.92
Capital Expenditure (%)



To support growth, companies need to keep investing in capital items – including property, plants and equipment.
To calculate this net investment,we take capital expenditure (found in the company’s statement of cash flows) and subtract non-cash depreciation (found on the income statement).
Working capital refers to the cash a company needs for day-to-day operations.
The faster a company expands, the more cash it will need.
To calculate working capital, we take current assets and subtract current liabilities.
You can find both of these on a company’s balance sheet, which is published in its quarterly and annual financial statements.