Nordic American Tankers Ltd. (NAT)
6.905
-0.10
(-1.36%)
USD |
NYSE |
Aug 25, 13:14
Nordic American Tankers Debt to Equity Ratio : 0.9111 for March 31, 2026
Debt to Equity Ratio Chart
Sep '18
Jan '19
May '19
285.00
270.00
255.00
240.00
Historical Debt to Equity Ratio Data
| Date | Value |
|---|---|
| March 31, 2026 | 0.9111 |
| December 31, 2025 | 0.952 |
| September 30, 2025 | 0.9391 |
| June 30, 2025 | 0.9119 |
| March 31, 2025 | 0.6801 |
| December 31, 2024 | 0.5301 |
| September 30, 2024 | 0.5445 |
| June 30, 2024 | 0.5442 |
| March 31, 2024 | 0.5555 |
| December 31, 2023 | 0.5603 |
| September 30, 2023 | 0.4788 |
| June 30, 2023 | 0.505 |
| March 31, 2023 | 0.5124 |
| December 31, 2022 | 0.5677 |
| September 30, 2022 | 0.6475 |
| June 30, 2022 | 0.715 |
| March 31, 2022 | 0.6146 |
| December 31, 2021 | 0.5834 |
| September 30, 2021 | 0.6211 |
| June 30, 2021 | 0.6145 |
| March 31, 2021 | 0.6086 |
| December 31, 2020 | 0.5966 |
| September 30, 2020 | 0.5299 |
| June 30, 2020 | 0.5819 |
| March 31, 2020 | 0.6472 |
| Date | Value |
|---|---|
| December 31, 2019 | 0.6715 |
| September 30, 2019 | 0.7118 |
| June 30, 2019 | 0.7041 |
| March 31, 2019 | 0.6901 |
| December 31, 2018 | 0.7251 |
| September 30, 2018 | 0.6824 |
| June 30, 2018 | 0.5709 |
| March 31, 2018 | 0.5627 |
| December 31, 2017 | 0.5469 |
| September 30, 2017 | 0.5826 |
| June 30, 2017 | 0.5467 |
| March 31, 2017 | 0.523 |
| December 31, 2016 | 0.5084 |
| September 30, 2016 | 0.4724 |
| June 30, 2016 | 0.4548 |
| March 31, 2016 | 0.3785 |
| December 31, 2015 | 0.3747 |
| September 30, 2015 | 0.2827 |
| June 30, 2015 | 0.2795 |
| March 31, 2015 | 0.2845 |
| December 31, 2014 | 0.2834 |
| September 30, 2014 | 0.2767 |
| June 30, 2014 | 0.2698 |
| March 31, 2014 | 0.2941 |
| December 31, 2013 | 0.2924 |
Debt to Equity Ratio Definition
The debt to equity ratio measures the (Long Term Debt + Current Portion of Long Term Debt) / Total Shareholders' Equity. This metric is useful when analyzing the health of a company's balance sheet.
Debt to Equity Ratio Range, Past 5 Years
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Minimum
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Maximum
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Average
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Median
Debt to Equity Ratio Benchmarks
| Ardmore Shipping Corp. | 0.05 |
| DHT Holdings, Inc. | 0.327 |
| Teekay Corp. Ltd. | 0.0493 |
| SFL Corp. Ltd. | 2.593 |
| International Seaways, Inc. | 0.2882 |
Debt to Equity Ratio Related Metrics
| Total Assets (Quarterly) | 901.26M |
| Total Liabilities (Quarterly) | 445.32M |
| Shareholders Equity (Quarterly) | 455.94M |
| Current Ratio | 2.999 |
| Net Debt Paydown Yield | -2.35% |