Nordic American Tankers (NAT) Debt to Equity (2009 - 2025)
Nordic American Tankers (NAT) posted Debt to Equity of $0.95 for Q4 2025, up 79.6% on a QoQ basis from $0.53 in Q4 2024, and up 79.6% year-on-year from $0.53 in Q4 2024.
Nordic American Tankers (NAT) Debt to Equity (2009 - 2025) Analysis & Trends
Nordic American Tankers has disclosed Debt to Equity across 17 years of filings, most recently posting $0.95 for Q4 2025.
- Debt to Equity for Q4 2025 came in at $0.95, up 79.6% year-over-year; the trailing twelve-month figure through Dec 2025 was $0.95 (up 79.6% YoY), and the FY2025 annual result was $0.95, up 79.6% from the prior year.
- Debt to Equity came in at $0.95 for Q4 2025 at Nordic American Tankers, up from $0.53 in the prior quarter.
- Over the last five years, Debt to Equity for NAT reached as high as $0.95 in Q4 2025 and fell as low as $0.5 in Q2 2023.
- Median Debt to Equity over the past 5 years was $0.57 (2022), compared with a mean of $0.63.
- Year-over-year, Debt to Equity decreased 29.38% in 2023 and jumped 79.6% in 2025.
- Over 5 years, Debt to Equity stood at $0.64 in 2021, then retreated by 12.02% to $0.57 in 2022, then retreated by 1.14% to $0.56 in 2023, then declined by 5.39% to $0.53 in 2024, then jumped by 79.6% to $0.95 in 2025.
- Per Business Quant, the three latest NAT Debt to Equity figures stand at $0.95 (Q4 2025), $0.53 (Q4 2024), and $0.54 (Q2 2024).
Powered by 
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Debt/Equity (Qtr) |
|---|---|---|---|---|---|
| 1 | Enbridge | 1,308.38 Bn | 1,309.08 Bn | 6.70 Bn | 1.66 |
| 2 | Kinder Morgan | 112.34 Bn | 113.42 Bn | 3.08 Bn | 1.02 |
| 3 | Enterprise Products Partners | 79.55 Bn | 78.40 Bn | - | 1.12 |
| 4 | Energy Transfer | 65.78 Bn | 65.07 Bn | 6.62 Bn | 2.01 |
| 5 | Targa Resources | 57.60 Bn | 57.63 Bn | 1.70 Bn | 5.85 |
| 6 | Mplx | 57.17 Bn | 55.67 Bn | 2.54 Bn | 1.79 |
| 7 | Oneok | 54.83 Bn | 54.70 Bn | 2.57 Bn | 1.43 |
| 8 | Cheniere Energy Partners | 29.50 Bn | 29.22 Bn | 838.00 Mn | 182.28 |
| 9 | Venture Global | 27.41 Bn | 27.36 Bn | 4.33 Bn | 3.41 |
| 10 | Nordic American Tankers | - | - | 48.56 Mn | - |
Historic Data
Download Data| Date | Value |
|---|---|
| Dec 31, 2025 | 0.95 |
| Dec 31, 2024 | 0.53 |
| Jun 30, 2024 | 0.54 |
| Dec 31, 2023 | 0.56 |
| Jun 30, 2023 | 0.50 |
| Dec 31, 2022 | 0.57 |
| Jun 30, 2022 | 0.71 |
| Dec 31, 2021 | 0.64 |
| Jun 30, 2021 | 0.61 |
| Dec 31, 2020 | 0.60 |
| Jun 30, 2020 | 0.56 |
| Dec 31, 2019 | 0.67 |
| Sep 30, 2019 | 0.71 |
| Jun 30, 2019 | 0.73 |
| Mar 31, 2019 | 0.69 |
| Dec 31, 2018 | 0.73 |
| Sep 30, 2018 | 0.68 |
| Jun 30, 2018 | 0.57 |
| Dec 31, 2017 | 0.55 |
| Sep 30, 2017 | 0.58 |