Nordic American Tankers Limited General and Administrative Expenses 2011-2025 | NAT

General and Administrative Expenses — these are a part of a company's operating expenses that are not directly related to the production of goods or the provision of services but are necessary for the overall functioning of the business.

What these expenses include

Salaries of administrative staff (executives, HR, accountants, legal personnel)
Office rent and utilities
Office equipment and IT infrastructure
Professional services (auditors, lawyers, consultants)
Insurance
General administrative travel and representation expenses

What the metric indicates

Cost control
A high level of such expenses may indicate inefficient management or an overly complex structure
Profitability
Reducing administrative expenses while maintaining stable revenue increases operating profit
Comparative analysis
Investors can compare this metric as a percentage of revenue among companies in the same industry
Business flexibility
Companies with a flexible and controlled expense structure are more resilient to revenue declines

Annual General and Administrative Expenses Nordic American Tankers Limited

2024	2023	2022	2021	2020	2019	2018	2017	2016	2015	2014	2013	2012	2011
28.8 M	22.9 M	18.8 M	15.6 M	17.6 M	13.5 M	12.7 M	12.6 M	12.3 M	9.79 M	10.8 M	15.3 M	13 M	15.4 M

All numbers in USD currency

Indicator range from annual reports

Maximum	Minimum	Average
28.8 M	9.79 M	15.6 M

General and Administrative Expenses of other stocks in the Marine shipping industry

Issuer	General and Administrative Expenses	Price	% 24h	Market Cap	Country
Capital Product Partners L.P. CPLP	8.66 M	-	2.13 %	$ 355 B	Greece
Costamare CMRE	6.87 M	$ 15.79	1.22 %	$ 1.88 B	Greece
EuroDry Ltd. EDRY	2.64 M	$ 13.24	0.3 %	$ 36.1 M	Greece
Euroseas Ltd. ESEA	3.49 M	$ 57.2	3.74 %	$ 397 M	Greece
StealthGas GASS	10.3 M	$ 7.03	-2.06 %	$ 248 M	Greece
Danaos Corporation DAC	44 M	$ 94.5	1.37 %	$ 1.83 B	Greece
Navios Maritime Containers L.P. NMCI	75.9 M	-	-	$ 300 M	Monaco
Huntington Ingalls Industries HII	973 M	$ 326.7	-0.04 %	$ 12.9 B	USA
Eneti NETI	50.8 M	-	-	$ 431 M	Monaco
Performance Shipping PSHG	5.78 M	$ 2.24	-2.18 %	$ 27.7 M	Greece
Genco Shipping & Trading Limited GNK	29.1 M	$ 18.15	-0.58 %	$ 781 M	USA
Ardmore Shipping Corporation ASC	23.4 M	$ 11.25	0.94 %	$ 469 M	Bermuda
Globus Maritime Limited GLBS	3.72 M	$ 1.51	3.42 %	$ 13.3 B	Greece
Castor Maritime CTRM	3.27 M	$ 2.22	0.45 %	$ 21.5 M	Cyprus
Grindrod Shipping Holdings Ltd. GRIN	24.6 M	$ 27.55	-0.06 %	$ 163 M	Singapore
Diana Shipping DSX	29.2 M	$ 1.75	-0.29 %	$ 203 M	Greece
Flex LNG Ltd. FLNG	7.89 M	$ 25.53	-0.12 %	$ 1.39 B	Bermuda
Kirby Corporation KEX	337 M	$ 109.54	-1.35 %	$ 6.35 B	USA
Matson MATX	304 M	$ 121.23	1.58 %	$ 4.09 B	USA
International Seaways INSW	52.6 M	$ 48.32	-0.47 %	$ 2.38 B	USA
Navios Maritime Partners L.P. NMM	41.5 M	$ 50.86	-0.44 %	$ 1.46 B	Greece
Eagle Bulk Shipping EGLE	43.6 M	-	-2.29 %	$ 678 M	USA
Pangaea Logistics Solutions, Ltd. PANL	5.7 M	$ 7.35	2.73 %	$ 329 M	USA
Navios Maritime Holdings NM	19.8 M	-	0.22 %	$ 51.7 M	Monaco
Pyxis Tankers PXS	2.54 M	$ 2.96	0.68 %	$ 31.2 M	Greece
Safe Bulkers SB	2.44 M	$ 4.89	-0.31 %	$ 526 M	Monaco
Star Bulk Carriers Corp. SBLK	39.5 M	$ 18.2	-0.38 %	$ 1.95 B	Greece
Seanergy Maritime Holdings Corp. SHIP	24 M	$ 9.67	-1.53 %	$ 191 M	Greece
SEACOR Marine Holdings SMHI	44.7 M	$ 7.06	0.14 %	$ 195 M	USA
KNOT Offshore Partners LP KNOP	6.46 M	$ 10.76	0.09 %	$ 364 M	Britain
Top Ships TOPS	7.51 M	-	-1.67 %	$ 22.3 M	Greece