Nordic American Tankers NAT
NYSE NAT
$7.24 +0.13 (+1.83%)
At close: Sep 4, 2026 · 4:00 PM EDT

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

Nordic American Tankers (NAT) posted Debt Ratio of 0.44 for Q2 2026, down 3.86% on a QoQ basis from 0.46 in Q1 2026, and down 4.08% year-over-year from 0.46 in Q2 2025.

Analysis

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

Nordic American Tankers has reported Debt Ratio for 18 years, with the latest figure at 0.44 in Q2 2026.

  • On a quarterly basis, Debt Ratio fell 4.08% year-over-year to 0.44 in Q2 2026; TTM through Jun 2026 was 0.44, a 4.08% decrease from a year earlier, with the FY2025 full-year figure at 0.47, up 42.52% from the prior year.
  • Debt Ratio was 0.44 for Q2 2026 at Nordic American Tankers, down from 0.46 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.
  • Average Debt Ratio over 5 years is 0.38, with a median of 0.35 recorded in 2022.
  • The sharpest annual moves came in 2023 and 2025: Debt Ratio fell 19.9% in 2023, then jumped 42.52% in 2025.
  • Over 5 years, Debt Ratio stood at 0.35 in 2022, then slipped by 1.37% to 0.34 in 2023, then fell by 3.84% to 0.33 in 2024, then surged by 42.52% to 0.47 in 2025, then decreased by 5.75% to 0.44 in 2026.
  • The last three Debt Ratio figures came in at 0.44 (Q2 2026), 0.46 (Q1 2026), and 0.47 (Q4 2025), per Business Quant data.
Peer Set

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Debt Ratio (Qtr)
1 Frontline 10.27 Bn 9.94 Bn - 0.42
2 Kirby 7.43 Bn 7.39 Bn 290.80 Mn 0.17
3 Matson 6.74 Bn 6.62 Bn - 0.08
4 International Seaways 5.17 Bn 5.17 Bn 467.16 Mn 0.23
5 Hafnia 4.59 Bn 4.31 Bn 372.91 Mn 0.31
6 Cmb.Tech 4.47 Bn 4.31 Bn 970.62 Mn -
7 Scorpio Tankers 4.26 Bn 2.42 Bn 343.91 Mn 0.16
8 Star Bulk Carriers 3.68 Bn 3.11 Bn 299.80 Mn 0.28
9 Torm 3.56 Bn -626.52 Mn 652.00 Mn 0.28
10 Nordic American Tankers 1.53 Bn 1.40 Bn 53.91 Mn 0.44
Historic Data

Historic Data

Download Data
DateValue
Jun 30, 2026 0.44
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