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| Date | Value |
|---|---|
| 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 |