Nordic American Tanker Ltd
NYSE:NAT

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Nordic American Tanker Ltd
NYSE:NAT
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Price: 2.52 USD 1.61% Market Closed
Market Cap: 526.2m USD
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Gross Margin
Nordic American Tanker Ltd

47.4%
Current
29%
Average
34.2%
Industry

Gross Margin is the amount of money a company retains after incurring the direct costs associated with producing the goods it sells and the services it provides. The higher the gross margin, the more capital a company retains, which it can then use to pay other costs or satisfy debt obligations.

Gross Margin
47.4%
=
Gross Profit
174.3m
/
Revenue
367.5m

Gross Margin Across Competitors

Country BM
Market Cap 526.2m USD
Gross Margin
47%
Country MY
Market Cap 384.6m MYR
Gross Margin
41%
Country CA
Market Cap 130.9B CAD
Gross Margin
49%
Country US
Market Cap 68.3B USD
Gross Margin
20%
Country US
Market Cap 67.1B USD
Gross Margin
24%
Country US
Market Cap 66.6B USD
Gross Margin
82%
Country US
Market Cap 60.7B USD
Gross Margin
51%
Country US
Market Cap 59.7B USD
Gross Margin
39%
Country US
Market Cap 49.4B USD
Gross Margin
60%
Country CA
Market Cap 69.1B CAD
Gross Margin
68%
Country US
Market Cap 47.4B USD
Gross Margin
56%
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Nordic American Tanker Ltd
Glance View

Market Cap
526.2m USD
Industry
Energy

Nordic American Tankers Ltd. operates as an international tanker company. The firm's fleet consists of approximately 23 Suezmax crude oil tankers. The company operates its vessels either in the spot market or on longer term time charter agreement. The firm's tankers operating in the spot market are chartered for a single voyage. The vessels in the Company's fleet are homogenous and interchangeable as they have approximately the same freight capacity and ability to transport the same type of cargo. The firm's vessels include Nordic Light, Nordic Cross, Nordic Cosmos, Nordic Vega, Nordic Zenith, Nordic Sprinter, Nordic Luna, Nordic Skier, Nordic Castor, Nordic Pollux, Nordic Star, Nordic Space, Nordic Aquarius, Nordic Cygnus and Nordic Tellus.

NAT Intrinsic Value
4.98 USD
Undervaluation 49%
Intrinsic Value
Price

See Also

Discover More
What is Gross Margin?

Gross Margin is the amount of money a company retains after incurring the direct costs associated with producing the goods it sells and the services it provides. The higher the gross margin, the more capital a company retains, which it can then use to pay other costs or satisfy debt obligations.

Gross Margin
47.4%
=
Gross Profit
174.3m
/
Revenue
367.5m
What is the Gross Margin of Nordic American Tanker Ltd?

Based on Nordic American Tanker Ltd's most recent financial statements, the company has Gross Margin of 47.4%.