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NAT – Nordic American Tanker Ltd

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Not Compliant

—X—

Industry: Oil & Gas Transportation Services | NYSE

Nordic American Tanker Ltd is not compliant with Shariah. The company’s financials fail all the five standards we check against.

Market cap: 528 MRev. Growth: 185.59%

AAOIFI ✗

Debt/MC60.74%
Non-Compliant Assets/MC%
Impure Income (incl. Interest)0%
Impure Income%
Interest Income0%
Total0%

S&P ✗

Debt/36 mo MC68.08%
Cash/36 mo MC7.37%
AR/36 mo MC%

DJIM ✗

Debt/24 mo MC67.61%
Cash/24 mo MC7.32%
AR/24 mo MC%

FTSE ✗

Debt/Assets37.71%
Cash/Assets4.08%
Cash&AR/Assets4.08%
Impure Income (incl. Interest)0%
Impure Income%
Interest Income0%
Total0%

MSCI ✗

Debt/Assets37.71%
Cash/Assets4.08%
Cash&AR/Assets4.08%

Recommendation Rating

2.67

1

2

3

4

5

1 = STRONG BUY | 2 = BUY | 3 = HOLD | 4 = UNDERPERFORM | 5 = SELL

Analysts’ Price Targets

Mean 2.83

Low: 1.9

High: 5

Total Analysts: 6


Nordic American Tankers Limited is an international tanker company. The Company’s fleet consists of approximately 21 Suezmax crude oil tankers. It operates its vessels either in the spot market or on longer term time charter agreement. The Company’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 Company’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.

We do our best to screen stocks as accurately as possible. Please let us know in the comments if you spot an error or find something questionable. Jazaak Allahu khairan.

To understand how the screening is done, please read the Shariah Screening Methodology page.

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