Total Debt
$415.4M
Net Debt
$334.3M
Nordic American Tankers Limited currently has $415.4M in total debt. Net debt is $334.3M after cash offsets.
Financial Fundamentals
NAT • Quarterly Data • 5Y View
| Date | Total Debt ($B) | Cash & Inv. ($B) | Net Debt ($B) | Total Assets | Debt/Assets |
|---|---|---|---|---|---|
| 2026-03-31 | 0.42 | 0.08 | 0.33 | 0.90 | 46.1% |
| 2025-12-31 | 0.42 | 0.05 | 0.38 | 0.90 | 47.0% |
| 2025-09-30 | 0.43 | 0.07 | 0.37 | 0.93 | 46.7% |
| 2025-06-30 | 0.44 | 0.09 | 0.35 | 0.96 | 46.2% |
| 2025-03-31 | 0.34 | 0.10 | 0.24 | 0.87 | 39.3% |
| 2024-12-31 | 0.27 | 0.04 | 0.23 | 0.82 | 33.0% |
| 2024-09-30 | 0.28 | 0.04 | 0.24 | 0.84 | 33.1% |
| 2024-06-30 | 0.29 | 0.05 | 0.24 | 0.86 | 33.2% |
| 2024-03-31 | 0.29 | 0.05 | 0.24 | 0.87 | 33.8% |
| 2023-12-31 | 0.30 | 0.03 | 0.27 | 0.88 | 34.3% |
| 2023-09-30 | 0.26 | 0.07 | 0.19 | 0.84 | 30.5% |
| 2023-06-30 | 0.28 | 0.10 | 0.18 | 0.88 | 31.6% |
| 2023-03-31 | 0.28 | 0.06 | 0.23 | 0.86 | 33.0% |
| 2022-12-31 | 0.31 | 0.06 | 0.25 | 0.88 | 34.7% |
| 2022-09-30 | 0.33 | 0.04 | 0.30 | 0.88 | 37.7% |
| 2022-06-30 | 0.36 | 0.04 | 0.32 | 0.90 | 39.5% |
| 2022-03-31 | 0.30 | 0.04 | 0.27 | 0.83 | 36.5% |
| 2021-12-31 | 0.32 | 0.03 | 0.29 | 0.90 | 35.5% |
| 2021-09-30 | 0.34 | 0.03 | 0.31 | 0.91 | 37.3% |
| 2021-06-30 | 0.35 | 0.03 | 0.31 | 0.93 | 37.3% |
| 2021-03-31 | 0.35 | 0.04 | 0.31 | 0.95 | 37.0% |
| 2020-12-31 | 0.36 | 0.06 | 0.30 | 0.97 | 36.6% |
| 2020-09-30 | 0.33 | 0.06 | 0.27 | 0.99 | 33.8% |
| 2020-06-30 | 0.37 | 0.11 | 0.26 | 1.06 | 35.1% |
| 2020-03-31 | 0.39 | 0.06 | 0.33 | 1.04 | 37.6% |
| 2019-12-31 | 0.40 | 0.05 | 0.35 | 1.03 | 38.8% |
| 2019-09-30 | 0.40 | 0.04 | 0.37 | 1.01 | 40.0% |
| 2019-06-30 | 0.41 | 0.04 | 0.37 | 1.03 | 39.9% |
| 2019-03-31 | 0.42 | 0.03 | 0.38 | 1.05 | 39.5% |
| 2018-12-31 | 0.44 | 0.05 | 0.39 | 1.07 | 40.8% |
| 2018-09-30 | 0.42 | 0.05 | 0.37 | 1.07 | 39.2% |
| 2018-06-30 | 0.37 | 0.05 | 0.33 | 1.07 | 34.8% |
| 2018-03-31 | 0.38 | 0.04 | 0.35 | 1.11 | 34.8% |
| 2017-12-31 | 0.39 | 0.06 | 0.33 | 1.27 | 30.6% |
| 2017-09-30 | 0.44 | 0.03 | 0.41 | 1.25 | 35.6% |
| 2017-06-30 | 0.44 | 0.03 | 0.41 | 1.29 | 34.4% |
| 2017-03-31 | 0.44 | 0.05 | 0.40 | 1.33 | 33.3% |
| 2016-12-31 | 0.44 | 0.08 | 0.36 | 1.35 | 32.8% |
| 2016-09-30 | 0.44 | 0.15 | 0.29 | 1.42 | 31.2% |
| 2016-06-30 | 0.38 | 0.03 | 0.35 | 1.26 | 30.1% |
| 2016-03-31 | 0.33 | 0.05 | 0.28 | 1.24 | 26.7% |
| 2015-12-31 | 0.33 | 0.03 | 0.30 | 1.24 | 26.6% |
| 2015-09-30 | 0.25 | 0.05 | 0.20 | 1.16 | 21.5% |
| 2015-06-30 | 0.25 | 0.11 | 0.14 | 1.18 | 21.2% |
| 2015-03-31 | 0.25 | 0.08 | 0.17 | 1.16 | 21.5% |
| 2014-12-31 | 0.25 | 0.10 | 0.15 | 1.17 | 21.4% |
| 2014-09-30 | 0.25 | 0.09 | 0.16 | 1.18 | 21.1% |
| 2014-06-30 | 0.25 | 0.15 | 0.10 | 1.21 | 20.7% |
| 2014-03-31 | 0.25 | 0.08 | 0.17 | 1.14 | 21.9% |
| 2013-12-31 | 0.25 | 0.07 | 0.18 | 1.14 | 22.0% |
| 2013-09-30 | 0.25 | 0.09 | 0.16 | 1.11 | 22.6% |
| 2013-06-30 | 0.21 | 0.07 | 0.14 | 1.08 | 19.4% |
| 2013-03-31 | 0.25 | 0.02 | 0.23 | 1.07 | 23.3% |
| 2012-12-31 | 0.25 | 0.06 | 0.19 | 1.09 | 23.0% |
| 2012-09-30 | 0.25 | 0.09 | 0.16 | 1.13 | 22.1% |
| 2012-06-30 | 0.25 | 0.10 | 0.15 | 1.17 | 21.4% |
| 2012-03-31 | 0.25 | 0.11 | 0.14 | 1.19 | 21.0% |
| 2011-12-31 | 0.23 | 0.02 | 0.21 | 1.13 | 20.4% |
| 2011-09-30 | 0.17 | 0.01 | 0.16 | 1.11 | 15.3% |
| 2011-06-30 | 0.09 | 0.01 | 0.08 | 1.06 | 8.5% |
| 2011-03-31 | 0.08 | 0.01 | 0.07 | 1.08 | 7.4% |
| 2010-12-31 | 0.07 | 0.02 | 0.06 | 1.08 | 6.9% |
| 2010-09-30 | 0.05 | 0.05 | -0.00Net Cash | 1.08 | 4.6% |
| 2010-06-30 | 0.20 | 0.22 | -0.02Net Cash | 1.26 | 15.8% |
| 2010-03-31 | 0.00 | 0.11 | -0.11Net Cash | 1.09 | 0.0% |
| 2009-12-31 | 0.00 | 0.03 | -0.03Net Cash | 0.95 | 0.0% |
| 2009-09-30 | 0.00 | 0.09 | -0.09Net Cash | 0.96 | 0.0% |
| 2009-06-30 | 0.00 | 0.17 | -0.17Net Cash | 0.99 | 0.0% |
| 2009-03-31 | 0.05 | 0.11 | -0.06Net Cash | 0.94 | 4.9% |
| 2008-12-31 | 0.01 | 0.03 | -0.02Net Cash | 0.81 | 1.8% |
| 2008-09-30 | 0.00 | 0.03 | -0.03Net Cash | 0.84 | 0.0% |
| 2008-06-30 | 0.00 | 0.04 | -0.04Net Cash | 0.86 | 0.0% |
| 2008-03-31 | 0.12 | 0.02 | 0.10 | 0.81 | 14.2% |
| 2007-12-31 | 0.11 | 0.01 | 0.09 | 0.80 | 13.1% |
| 2007-09-30 | 0.08 | 0.01 | 0.07 | 0.78 | 9.9% |
| 2007-06-30 | 0.19 | 0.03 | 0.16 | 0.80 | 23.3% |
| 2007-03-31 | 0.18 | 0.02 | 0.16 | 0.80 | 22.1% |
| 2006-12-31 | 0.17 | 0.01 | 0.16 | 0.80 | 21.7% |
| 2006-09-30 | 0.12 | 0.02 | 0.10 | 0.58 | 19.7% |
| 2006-06-30 | 0.09 | 0.01 | 0.08 | 0.56 | 16.6% |
| 2006-03-31 | 0.02 | 0.02 | 0.00 | 0.50 | 4.1% |
| 2005-12-31 | 0.13 | 0.01 | 0.12 | 0.51 | 25.7% |
| 2005-09-30 | 0.07 | 0.01 | 0.06 | 0.42 | 15.8% |
| 2005-06-30 | 0.00 | 0.02 | -0.02Net Cash | 0.37 | 0.0% |
| 2004-12-31 | 0.00 | 0.03 | -0.03Net Cash | 0.22 | 0.0% |
| 2004-09-30 | 0.03 | 0.00 | 0.03 | 0.13 | 22.5% |
| 2004-06-30 | 0.03 | 0.00 | 0.03 | 0.13 | 22.9% |
| 2004-03-31 | 0.03 | 0.00 | 0.03 | 0.14 | 21.3% |
| 2003-12-31 | 0.03 | 0.00 | 0.03 | 0.14 | 21.9% |
| 2003-09-30 | 0.03 | 0.00 | 0.03 | 0.13 | 22.9% |
| 2003-06-30 | 0.03 | 0.00 | 0.03 | 0.14 | 21.9% |
| 2002-12-31 | 0.03 | 0.00 | 0.03 | 0.14 | 21.6% |
| 2002-09-30 | 0.03 | 0.00 | 0.03 | 0.14 | 21.9% |
| 2002-06-30 | 0.03 | 0.00 | 0.03 | 0.14 | 21.6% |
| 2002-03-31 | 0.03 | 0.00 | 0.03 | 0.14 | 21.3% |
| 2001-12-31 | 0.03 | 0.00 | 0.03 | 0.14 | 21.0% |
| 2001-09-30 | 0.03 | 0.00 | 0.03 | 0.15 | 20.5% |
| 2001-06-30 | 0.03 | 0.00 | 0.03 | 0.15 | 19.5% |
| 2000-12-31 | 0.03 | 0.00 | 0.03 | 0.16 | 18.7% |
| 2000-09-30 | 0.03 | 0.00 | 0.03 | 0.16 | 18.8% |
| 2000-06-30 | 0.03 | 0.00 | 0.03 | 0.16 | 19.0% |
| 2000-03-31 | 0.03 | 0.00 | 0.03 | 0.16 | 19.1% |
| 1999-12-31 | 0.03 | 0.00 | 0.03 | 0.16 | 19.0% |
| 1999-03-31 | 0.03 | 0.01 | 0.02 | 0.17 | 17.9% |
| 1998-12-31 | 0.03 | 0.00 | 0.03 | 0.17 | 18.1% |
| 1998-09-30 | 0.00 | 0.00 | -0.00Net Cash | 0.16 | 0.0% |