Nordic american tankers ltd (NAT)
Balance Sheet / Yearly
Sep'18Dec'17Sep'17Dec'16Jun'16Dec'15Dec'14Dec'13Jun'13Dec'12Dec'11Sep'11Dec'10Dec'09
ASSETS
Current Assets
Cash and Cash Equivalents

45

58

31

82

29

29

100

65

71

55

24

10

17

30

Marketable securities

-

-

-

-

-

-

-

-

0

0

0

0

0

-

Accounts Receivable, Net

20

21

19

17

29

28

16

18

8

0

17

14

11

22

Accounts Receivable, Related Party

0

0

0

0

0

0

-

-

-

-

-

-

-

-

Accounts receivable, net related party

-

-

-

-

-

-

-

-

0

12

1

-

0

-

Prepaid Expenses

3

3

3

4

4

4

5

5

5

4

-

-

-

-

Inventory

20

23

21

20

17

14

22

24

26

4

7

-

3

-

Voyages in Progress

15

15

13

35

18

37

29

14

11

0

-

-

-

-

Other Current Assets

4

4

3

2

3

3

2

2

1

1

-

-

-

-

Prepaid Expenses and Other Current Assets

-

-

-

-

-

-

-

-

-

-

31

77

39

57

Total Current Assets

110

126

93

163

102

118

176

131

124

78

83

102

71

110

NON-CURRENT ASSETS
Vessels, net

934

935

1,070

1,058

1,004

962

909

911

934

964

1,022

1,008

988

-825

Deposits paid for Vessels

16

50

50

82

66

64

-

-

-

-

-

-

-

-

Goodwill

-

-

18

18

18

18

18

18

18

0

-

-

-

-

Investment in Nordic American Offshore Ltd

8

12

-

16

-

64

-

-

-

-

-

-

-

-

Investment in Nordic American Offshore Ltd

-

-

13

-

59

-

55

64

-

0

0

-

0

-

Related party receivables

-

-

-

-

-

-

-

-

0

36

18

-

0

-

Other Non-current Assets

0

15

0

10

10

10

8

10

5

5

0

0

23

10

Total Non-current Assets

959

1,014

1,153

1,186

1,160

1,121

992

1,005

959

1,007

1,042

1,008

1,011

836

Total Assets

1,070

1,141

1,247

1,349

1,262

1,239

1,169

1,136

1,083

1,085

1,125

1,111

1,083

946

LIABILITIES AND SHAREHOLDERS' EQUITY
Current Liabilities
Accounts Payable

4

3

3

4

4

4

6

6

3

3

4

3

2

3

Accounts Payable, related party

-

-

-

-

-

-

-

-

0

1

0

-

0

-

Accrued Voyage Expenses

6

10

6

9

6

7

8

6

4

0

-

-

-

-

Deferred Revenue

-

-

-

-

-

-

-

-

-

-

-

-

-

0

Accrued Liabilities

9

11

15

7

9

9

8

6

6

10

12

29

4

2

Current portion of Long Term Debt

4

0

-

-

-

-

-

-

-

-

-

-

-

-

Total Current Liabilities

25

25

26

21

21

20

24

19

15

14

17

33

6

6

Long-Term Debt

414

388

443

442

380

324

250

250

210

250

230

170

75

0

Deferred Tax Liability

-

-

-

-

-

-

0

0

-

0

-

-

-

-

Deferred Compensation Liability

16

15

14

14

14

13

12

12

10

11

9

9

8

5

Total Non-Current Liabilities

430

404

458

457

-

337

-

-

-

-

-

-

-

-

Total Liabilities

-

-

-

-

416

-

286

281

236

276

257

212

90

12

Commitments and Contingencies

0

0

0

0

0

0

0

0

0

0

0

0

0

-

SHAREHOLDERS' EQUITY
Common Stock, par value $0.01 per Share; 180,000,000 shares authorized, 141,969,666 shares issued and outstanding at September 30, 2018 and December 31, 2017, respectively

1

1

1

1

0

0

0

0

0

0

0

0

0

0

Additional Paid-in Capital

123

123

235

235

114

114

114

208

136

15

12

953

11

933

Contributed Surplus

788

796

584

640

731

766

787

751

773

866

926

-

981

-

Accumulated other comprehensive loss

-1

-1

-0

-1

-0

-0

-8

-0

-0

-0

-0

-0

0

-

Accumulated Deficit

-298

-209

-58

-4

0

0

-12

-105

-64

-73

-72

-54

-0

0

Total Shareholders' Equity

614

711

761

871

846

880

882

854

847

809

867

898

992

934

Total Liabilities and Shareholders' Equity

1,070

1,141

1,247

1,349

1,262

1,239

1,169

1,136

1,083

1,085

1,125

1,111

1,083

946