Nordic American Tankers (NAT) Debt Ratio (2009 - 2026)

Nordic American Tankers (NAT) posted quarterly Debt Ratio of 0.46 for Q1 2026, up 17.41% year-over-year from 0.39 in Q1 2025, and down 1.96% quarter-over-quarter from 0.47 in Q4 2025.

Nordic American Tankers (NAT) Debt Ratio (2009 - 2026) Analysis & Trends

Nordic American Tankers' Debt Ratio history runs 18 years deep, the most recent figure standing at 0.46 for Q1 2026.

  • In Q1 2026, Debt Ratio rose 17.41% year-over-year to 0.46; the TTM figure through Mar 2026 stood at 0.46 (up 17.41% YoY), while the FY2025 annual figure was 0.47, up 42.52% from the prior year.
  • Debt Ratio for Q1 2026 stood at 0.46, down from 0.47 in the prior quarter.
  • The five-year high for Debt Ratio was 0.47 in Q4 2025, with the low at 0.31 in Q3 2023.
  • The 5-year median for Debt Ratio is 0.35 (2022), against an average of 0.37.
  • The sharpest annual moves came in 2023 and 2025: Debt Ratio dropped 19.9% in 2023, then surged 42.52% in 2025.
  • Nordic American Tankers' Debt Ratio stood at 0.35 in 2022, then retreated by 1.37% to 0.34 in 2023, then dropped by 3.84% to 0.33 in 2024, then soared by 42.52% to 0.47 in 2025, then decreased by 1.96% to 0.46 in 2026.
  • Business Quant data shows NAT's Debt Ratio at 0.46 in Q1 2026, 0.47 in Q4 2025, and 0.47 in Q3 2025.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Debt Ratio (Qtr)
1 Kinder Morgan 112.69 Bn 112.57 Bn 3.07 Bn 0.44
2 Enbridge 110.89 Bn 109.40 Bn 5.23 Bn 0.48
3 Enterprise Products Partners 83.45 Bn 82.54 Bn - 0.41
4 Energy Transfer 72.67 Bn 71.64 Bn 7.40 Bn 0.46
5 Tc Energy 65.89 Bn 58.33 Bn 1.24 Bn -
6 Oneok 60.12 Bn 59.96 Bn 2.81 Bn 0.48
7 Mplx 59.97 Bn 58.94 Bn 2.73 Bn 0.60
8 Targa Resources 59.56 Bn 59.43 Bn 2.14 Bn 0.69
9 Cheniere Energy 56.12 Bn 54.86 Bn 5.29 Bn 0.50
10 Nordic American Tankers 1.44 Bn 1.36 Bn 48.56 Mn 0.46

Historic Data

Download Data
DateValue
Mar 31, 2026 0.46
Dec 31, 2025 0.47
Sep 30, 2025 0.47
Jun 30, 2025 0.46
Mar 31, 2025 0.39
Dec 31, 2024 0.33
Sep 30, 2024 0.33
Jun 30, 2024 0.33
Mar 31, 2024 0.34
Dec 31, 2023 0.34
Sep 30, 2023 0.31
Jun 30, 2023 0.32
Mar 31, 2023 0.33
Dec 31, 2022 0.35
Sep 30, 2022 0.38
Jun 30, 2022 0.39
Dec 31, 2021 0.38
Sep 30, 2021 0.37
Jun 30, 2021 0.37
Mar 31, 2021 0.37