Nordic American Tankers Ltd (NAT)
3.97
+0.11
(+2.85%)
USD |
NYSE |
Apr 26, 16:00
3.92
-0.05
(-1.26%)
After-Hours: 20:00
Nordic American Tankers Debt to Equity Ratio: 0.5603 for Dec. 31, 2023
Debt to Equity Ratio Chart
Historical Debt to Equity Ratio Data
| Date | Value |
|---|---|
| December 31, 2023 | 0.5603 |
| September 30, 2023 | 0.4788 |
| June 30, 2023 | 0.505 |
| March 31, 2023 | 0.5124 |
| December 31, 2022 | 0.5668 |
| September 30, 2022 | 0.6475 |
| June 30, 2022 | 0.715 |
| March 31, 2022 | 0.6146 |
| December 31, 2021 | 0.6442 |
| September 30, 2021 | 0.6211 |
| June 30, 2021 | 0.6145 |
| March 31, 2021 | 0.6086 |
| December 31, 2020 | 0.5954 |
| September 30, 2020 | 0.5299 |
| June 30, 2020 | 0.5806 |
| March 31, 2020 | 0.6472 |
| December 31, 2019 | 0.6699 |
| September 30, 2019 | 0.7118 |
| June 30, 2019 | 0.7018 |
| 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 |
| Date | Value |
|---|---|
| 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 | 0.4491 |
| March 31, 2016 | |
| December 31, 2015 | 0.3685 |
| September 30, 2015 | 0.2827 |
| June 30, 2015 | 0.2795 |
| March 31, 2015 | 0.2845 |
| December 31, 2014 | 0.2812 |
| September 30, 2014 | 0.2767 |
| June 30, 2014 | |
| March 31, 2014 | |
| December 31, 2013 | 0.2924 |
| September 30, 2013 | 0.3057 |
| June 30, 2013 | 0.2478 |
| March 31, 2013 | 0.3174 |
| December 31, 2012 | 0.3089 |
| September 30, 2012 | 0.2915 |
| June 30, 2012 | 0.2789 |
| March 31, 2012 | 0.2717 |
| December 31, 2011 | 0.2651 |
| September 30, 2011 | 0.1858 |
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
0.4788
Minimum
Sep 2023
0.715
Maximum
Jun 2022
0.6066
Average
0.6145
Median
Jun 2021
Debt to Equity Ratio Benchmarks
| Ardmore Shipping Corp | 0.0801 |
| SFL Corp Ltd | 2.065 |
| Stolt-Nielsen Ltd | 0.8946 |
| United Maritime Corp | 0.9797 |
| Toro Corp | 0.0176 |
Debt to Equity Ratio Related Metrics
| Total Assets (Quarterly) | 879.20M |
| Total Liabilities (Quarterly) | 340.89M |
| Shareholders Equity (Quarterly) | 538.30M |
| Current Ratio | 1.545 |
| Net Debt Paydown Yield | 0.71% |