Nordic American Tankers Ltd (NAT)
2.99
-0.01
(-0.33%)
USD |
NYSE |
Nov 21, 16:00
3.00
+0.01
(+0.33%)
Pre-Market: 20:00
Nordic American Tankers Debt to Equity Ratio: 0.5434 for June 30, 2024
Debt to Equity Ratio Chart
Historical Debt to Equity Ratio Data
| Date | Value |
|---|---|
| June 30, 2024 | 0.5434 |
| 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 | 0.5668 |
| 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 |
| Date | Value |
|---|---|
| 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 | 0.4491 |
| 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 |
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
0.59
Average
0.5954
Median
Dec 2020
Debt to Equity Ratio Benchmarks
| Frontline PLC | 1.590 |
| Golar LNG Ltd | 0.5626 |
| Source Rock Royalties Ltd | -- |
| DHT Holdings Inc | 0.3955 |
| Marine Petroleum Trust | 0.00 |
Debt to Equity Ratio Related Metrics
| Total Assets (Quarterly) | 861.81M |
| Total Liabilities (Quarterly) | 335.96M |
| Shareholders Equity (Quarterly) | 525.85M |
| Current Ratio | 0.7945 |
| Net Debt Paydown Yield | -0.02% |