Nordic American Tankers Limited (NAT) — Cash Flow-to-Debt Ratio
Nordic American Tankers Limited (NAT) has a Cash Flow-to-Debt Ratio of 0.07x as of March 2026, meaning its operating cash flow of $29.74 Million could theoretically repay 0% of its total liabilities ($445.32 Million) in one year. See NAT FCF to total liabilities ratio to measure the company's free cash flow as a share of total liabilities.
CF-to-Debt Ratio
Operating Cash Flow
Total Liabilities
Data as of
Nordic American Tankers Limited Cash Flow-to-Debt Ratio (1997–2025)
Historical debt coverage capacity for Nordic American Tankers Limited across 29 annual periods. For the full cash flow conversion analysis, see Nordic American Tankers Limited cash flow conversion.
Annual Cash Flow-to-Debt Ratio for Nordic American Tankers Limited (1997–2025)
Year-by-year debt coverage analysis for Nordic American Tankers Limited. Check NAT cash flow quality score to evaluate the quality of earnings relative to operating cash generation.
| Year | CF-to-Debt Ratio | Operating CF (USD) | Total Liabilities | YoY Change |
|---|---|---|---|---|
| 2025 | 0.04x | $19.82 Million | $456.64 Million | ▼ -89.5% |
| 2024 | 0.42x | $128.16 Million | $308.77 Million | ▲ +1.5% |
| 2023 | 0.41x | $139.44 Million | $340.89 Million | ▲ +477.6% |
| 2022 | 0.07x | $24.13 Million | $340.75 Million | ▲ +156.2% |
| 2021 | -0.13x | $-44.46 Million | $352.93 Million | ▼ -142.6% |
| 2020 | 0.30x | $110.94 Million | $375.22 Million | ▲ +143.6% |
| 2019 | 0.12x | $52.86 Million | $435.48 Million | ▲ +453.6% |
| 2018 | -0.03x | $-16.10 Million | $469.08 Million | ▼ -146.5% |
| 2017 | 0.07x | $31.74 Million | $430.00 Million | ▼ -72.3% |
| 2016 | 0.27x | $127.79 Million | $478.86 Million | ▼ -44.8% |
| 2015 | 0.48x | $174.39 Million | $360.89 Million | ▲ +141.2% |
| 2014 | 0.20x | $57.48 Million | $286.95 Million | ▲ +219.3% |
| 2013 | -0.17x | $-47.27 Million | $281.45 Million | ▼ -591.8% |
| 2012 | -0.02x | $-6.71 Million | $276.24 Million | ▲ +48.5% |
| 2011 | -0.05x | $-12.16 Million | $257.82 Million | ▼ -108.3% |
| 2010 | 0.57x | $50.97 Million | $90.13 Million | ▼ -84.2% |
| 2009 | 3.58x | $44.77 Million | $12.49 Million | ▼ -29.1% |
| 2008 | 5.06x | $127.90 Million | $25.29 Million | ▲ +701.2% |
| 2007 | 0.63x | $83.65 Million | $132.52 Million | ▲ +11.4% |
| 2006 | 0.57x | $106.61 Million | $188.23 Million | ▲ +49.7% |
| 2005 | 0.38x | $51.06 Million | $134.97 Million | ▼ -98.6% |
| 2004 | 26.90x | $62.82 Million | $2.34 Million | ▲ +2706.7% |
| 2003 | 0.96x | $29.89 Million | $31.19 Million | ▲ +142.3% |
| 2002 | 0.40x | $12.75 Million | $32.23 Million | ▼ -66.4% |
| 2001 | 1.18x | $36.27 Million | $30.82 Million | ▲ +45.7% |
| 2000 | 0.81x | $24.26 Million | $30.04 Million | ▲ +102.6% |
| 1999 | 0.40x | $11.99 Million | $30.08 Million | ▼ -4.2% |
| 1998 | 0.42x | $12.78 Million | $30.72 Million | ▲ +768.7% |
| 1997 | 0.05x | $56.57K | $1.18 Million | — |