Nordic American Offshore

Nordic American Offshore: A 10% Yield Sure To Be Cut I’ve been writing the Safety Net column for more than three years. I’ve never seen a stock that was as much of a lock for a dividend cut as the one I’m covering this week. Nordic American Offshore (NYSE: NAO) is a microcap stock with a market cap of just $110 million. It trades a little over 100,000 shares per day. Nordic American owns and operates platform vessels in the North Sea. Given that the company is heavily tied to the oil industry,…

Income Statements and Cash Flow Statements

Here are some disadvantages of income statements and cash flow statements in financial analysis. If there is any unfortunate thing about investing, it’s that no investment can be made with perfect information. Not only are markets forward-looking, but accounting leaves a lot to be desired. Accounting is a science, but interpreting it is very much art. Here are a few disadvantages of income statements and cash flow statements. Disadvantages of the income statement In isolation, the income statement doesn’t tell us all that much about a company. There are a…