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

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

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

Nordic American Tankers has disclosed Debt Ratio across 18 years of filings, most recently posting 0.46 for Q1 2026.

  • Debt Ratio for Q1 2026 came in at 0.46, up 17.41% year-over-year; the trailing twelve-month figure through Mar 2026 was 0.46 (up 17.41% YoY), and the FY2025 annual result was 0.47, up 42.52% from the prior year.
  • Debt Ratio came in at 0.46 for Q1 2026 at Nordic American Tankers, down from 0.47 in the prior quarter.
  • Over the last five years, Debt Ratio for NAT reached as high as 0.47 in Q4 2025 and fell as low as 0.31 in Q3 2023.
  • Median Debt Ratio over the past 5 years was 0.35 (2022), compared with a mean of 0.37.
  • Year-over-year, Debt Ratio fell 19.9% in 2023 and jumped 42.52% in 2025.
  • Over 5 years, Debt Ratio stood at 0.35 in 2022, then decreased by 1.37% to 0.34 in 2023, then declined by 3.84% to 0.33 in 2024, then jumped by 42.52% to 0.47 in 2025, then slipped by 1.96% to 0.46 in 2026.
  • Per Business Quant, the three latest NAT Debt Ratio figures stand at 0.46 (Q1 2026), 0.47 (Q4 2025), and 0.47 (Q3 2025).

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Debt Ratio (Qtr)
1 Enbridge 1,308.38 Bn 1,309.08 Bn 6.70 Bn 0.47
2 Kinder Morgan 112.34 Bn 113.42 Bn 3.08 Bn 0.44
3 Enterprise Products Partners 79.55 Bn 78.40 Bn - 0.42
4 Energy Transfer 65.78 Bn 65.07 Bn 6.62 Bn 0.47
5 Targa Resources 57.60 Bn 57.63 Bn 1.70 Bn 0.71
6 Mplx 57.17 Bn 55.67 Bn 2.54 Bn 0.60
7 Oneok 54.83 Bn 54.70 Bn 2.57 Bn 0.47
8 Cheniere Energy Partners 29.50 Bn 29.22 Bn 838.00 Mn 0.83
9 Venture Global 27.41 Bn 27.36 Bn 4.33 Bn 0.65
10 Nordic American Tankers - - 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 -19.11