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Nordic American Tankers (NAT) Debt Ratio (2016 - 2024)

Nordic American Tankers has reported Debt Ratio over the past 15 years, most recently at 0.33 for Q4 2024.

  • Quarterly results put Debt Ratio at 0.33 for Q4 2024, down 3.84% from a year ago — trailing twelve months through Dec 2024 was 0.33 (down 3.84% YoY), and the annual figure for FY2024 was 0.33, down 3.84%.
  • Debt Ratio for Q4 2024 was 0.33 at Nordic American Tankers, down from 0.34 in the prior quarter.
  • Over the last five years, Debt Ratio for NAT hit a ceiling of 0.38 in Q4 2021 and a floor of 0.33 in Q4 2024.
  • Median Debt Ratio over the past 5 years was 0.35 (2022), compared with a mean of 0.35.
  • Biggest five-year swings in Debt Ratio: rose 3.0% in 2021 and later fell 7.76% in 2022.
  • Nordic American Tankers' Debt Ratio stood at 0.37 in 2020, then increased by 3.0% to 0.38 in 2021, then fell by 7.76% to 0.35 in 2022, then fell by 1.37% to 0.34 in 2023, then fell by 3.84% to 0.33 in 2024.
  • The last three reported values for Debt Ratio were 0.33 (Q4 2024), 0.34 (Q4 2023), and 0.35 (Q4 2022) per Business Quant data.