Nordic American Tankers (NAT) Debt to Equity (2016 - 2024)

Nordic American Tankers has reported Debt to Equity over the past 15 years, most recently at $0.53 for Q4 2024.

  • Quarterly results put Debt to Equity at $0.53 for Q4 2024, down 5.39% from a year ago — trailing twelve months through Dec 2024 was $0.53 (down 5.39% YoY), and the annual figure for FY2024 was $0.53, down 5.39%.
  • Debt to Equity for Q4 2024 was $0.53 at Nordic American Tankers, down from $0.56 in the prior quarter.
  • Over the last five years, Debt to Equity for NAT hit a ceiling of $0.64 in Q4 2021 and a floor of $0.53 in Q4 2024.
  • Median Debt to Equity over the past 5 years was $0.57 (2022), compared with a mean of $0.58.
  • Biggest five-year swings in Debt to Equity: increased 8.2% in 2021 and later dropped 12.02% in 2022.
  • Nordic American Tankers' Debt to Equity stood at $0.6 in 2020, then rose by 8.2% to $0.64 in 2021, then decreased by 12.02% to $0.57 in 2022, then decreased by 1.14% to $0.56 in 2023, then fell by 5.39% to $0.53 in 2024.
  • The last three reported values for Debt to Equity were $0.53 (Q4 2024), $0.56 (Q4 2023), and $0.57 (Q4 2022) per Business Quant data.