Balance Sheet Data

Nordic American Tankers Limited (NAT)

$4.085

+0.07 (+1.62%)

Year
A/P
2018
Actual
2019
Actual
2020
Actual
2021
Actual
2022
Actual
2023
Projected
2024
Projected
2025
Projected
2026
Projected
2027
Projected
Total Cash 49.3349.6757.8534.7459.5864.4172.4881.5591.77103.26
Total Cash (%)
Account Receivables 22.5924.586.359.3720.4721.5224.2227.2530.6634.50
Account Receivables (%)
Inventories 20.2922.4719.4120.8725.4328.8232.4336.4941.0646.20
Inventories (%)
Accounts Payable 3.588.414.106.556.967.978.9710.1011.3612.78
Accounts Payable (%)
Capital Expenditure -4.87-2.53-18.08-17.73-95.42-34.18-38.46-43.28-48.70-54.79
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.