Nordic American Tankers Limited

NYSE NAT

Nordic American Tankers Limited Return on Assets (ROA) for the year ending December 31, 2023: 11.23%

Nordic American Tankers Limited Return on Assets (ROA) is 11.23% for the year ending December 31, 2023, a 554.82% change year over year. Return on assets measures profitability against assets; higher ROA indicates efficient asset use and profitability.

Nordic American Tankers Limited Return on Assets (ROA) for the year ending December 31, 2022 was 1.71%, a 112.96% change year over year.
Nordic American Tankers Limited Return on Assets (ROA) for the year ending December 31, 2021 was -13.23%, a -357.66% change year over year.
Nordic American Tankers Limited Return on Assets (ROA) for the year ending December 31, 2020 was 5.14%, a 607.89% change year over year.
Nordic American Tankers Limited Return on Assets (ROA) for the year ending December 31, 2019 was -1.01%, a 88.64% change year over year.

Key data

Date	Return on Assets (ROA)	Return on Equity (ROE)	Return on Capital Employed (ROCE)	Interest Coverage Ratio

NYSE: NAT

Nordic American Tankers Limited

CEO	Mr. Herbjorn Hansson
IPO Date	Sept. 30, 1997
Location	Bermuda
Headquarters	LOM Building
Employees	17
Sector	Industrials
Industries Maritime Shipping Container Shipping Cruise Lines Shipbuilding

Description

Nordic American Tankers Limited, a tanker company, acquires and charters double-hull tankers in Bermuda and internationally. It operates a fleet of 24 Suezmax crude oil tankers. The company was formerly known as Nordic American Tanker Shipping Limited and changed its name to Nordic American Tankers Limited in June 2011. The company was incorporated in 1995 and is based in Hamilton, Bermuda.

Key trends

Past 5 years