Nordic American Tankers (NAT) Debt to Equity (2009 - 2025)

Nordic American Tankers (NAT) recorded quarterly Debt to Equity of $0.95 in Q4 2025, up 79.6% quarter-over-quarter from $0.53 in Q4 2024, and up 79.6% on a YoY basis from $0.53 in Q4 2024.

Nordic American Tankers (NAT) Debt to Equity (2009 - 2025) Analysis & Trends

Nordic American Tankers' Debt to Equity history runs 17 years deep, the most recent figure standing at $0.95 for Q4 2025.

  • In Q4 2025, Debt to Equity rose 79.6% year-over-year to $0.95; the TTM figure through Dec 2025 stood at $0.95 (up 79.6% YoY), while the FY2025 annual figure was $0.95, up 79.6% from the prior year.
  • Debt to Equity was $0.95 for Q4 2025 at Nordic American Tankers, up from $0.53 in the prior quarter.
  • In the past five years, Debt to Equity ranged from a high of $0.95 in Q4 2025 to a low of $0.5 in Q2 2023.
  • Historically, Debt to Equity has averaged $0.63 across 5 years, with a median of $0.57 in 2022.
  • The sharpest annual moves came in 2023 and 2025: Debt to Equity retreated 29.38% in 2023, then soared 79.6% in 2025.
  • A 5-year view of Debt to Equity shows it 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.
  • The last three Debt to Equity figures came in at $0.95 (Q4 2025), $0.53 (Q4 2024), and $0.54 (Q2 2024), per Business Quant data.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Debt/Equity (Qtr)
1 Enbridge 88.33 Bn 89.03 Bn 6.70 Bn 1.66
2 Enterprise Products Partners 80.83 Bn 79.68 Bn - 1.12
3 Kinder Morgan 69.66 Bn 70.75 Bn 3.08 Bn 1.02
4 Energy Transfer 65.60 Bn 64.88 Bn 6.62 Bn 2.01
5 Scorpio Tankers 59.17 Bn 58.19 Bn - -
6 Mplx 57.43 Bn 55.92 Bn 2.54 Bn 1.79
7 Targa Resources 56.68 Bn 56.71 Bn 1.70 Bn 5.85
8 Oneok 55.34 Bn 55.21 Bn 2.57 Bn 1.43
9 Tc Energy 50.79 Bn 51.99 Bn 2.95 Bn 1.71
10 Nordic American Tankers 1,174.80 -81.12 Mn - -

Historic Data

Download Data
DateValue
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
Jun 30, 2019 0.73
Dec 31, 2018 0.73
Sep 30, 2018 0.59
Dec 31, 2017 0.55
Sep 30, 2017 0.58
Dec 31, 2016 0.51
Jun 30, 2016 0.45
Dec 31, 2015 0.37