Nordic American Tankers Limited (NAT) — Defensive Interval Ratio
Nordic American Tankers Limited (NAT) has a Defensive Interval Ratio of 452 days as of September 2025. Defensive assets of $83.64 Million (cash $67.58 Million, short-term investments $-, receivables $16.06 Million) cover 452 days of daily cash needs of $184.93K/day. Check Nordic American Tankers Limited tangible equity quality to evaluate the tangible quality of the company's equity base.
Defensive Interval Ratio
Defensive Assets
Daily Cash Need
Current Liabilities
Nordic American Tankers Limited Defensive Interval Ratio (1997–2024)
This chart shows how Nordic American Tankers Limited's Defensive Interval Ratio has evolved across 28 annual periods from 1997 to 2024. As of September 2025, the ratio stands at 452 days, meaning defensive assets of $83.64 Million can fund 452 days of operations without new revenue. Also explore Nordic American Tankers Limited net asset momentum to track the company's year-over-year net asset growth rate.
Annual Defensive Interval Ratio for Nordic American Tankers Limited (1997–2024)
The table below presents the year-by-year Defensive Interval Ratio for Nordic American Tankers Limited from 1997 to 2024, covering 28 annual filings. Each row shows defensive assets, daily cash need, the DIR in days, and the change in days compared to the prior year. For live market cap and the full company financial profile, see Nordic American Tankers Limited market cap and net worth.
| Year | DIR (days) | Defensive Assets (USD) | Daily Cash Need | Cash | ST Investments | Change (days) |
|---|---|---|---|---|---|---|
| 2024 | 338 days | $55.40 Million | $163.79K/day | $39.18 Million | $- | ▲ +53 days |
| 2023 | 285 days | $55.08 Million | $193.09K/day | $31.08 Million | $-2.28 Million | ▼ -118 days |
| 2022 | 404 days | $80.06 Million | $198.39K/day | $59.58 Million | $- | ▲ +165 days |
| 2021 | 238 days | $44.11 Million | $185.33K/day | $34.74 Million | $- | ▼ -353 days |
| 2020 | 591 days | $64.20 Million | $108.71K/day | $57.85 Million | $0.00 | ▲ +131 days |
| 2019 | 459 days | $74.25 Million | $161.72K/day | $48.85 Million | $825.00K | ▼ -264 days |
| 2018 | 723 days | $71.92 Million | $99.42K/day | $49.33 Million | $- | ▼ -441 days |
| 2017 | 1165 days | $80.83 Million | $69.40K/day | $58.36 Million | $- | ▼ -535 days |
| 2016 | 1700 days | $100.24 Million | $58.97K/day | $82.17 Million | $- | ▲ +1115 days |
| 2015 | 585 days | $28.60 Million | $48.89K/day | $- | $- | ▲ +336 days |
| 2014 | 249 days | $16.41 Million | $65.85K/day | $- | $- | ▼ -107 days |
| 2013 | 356 days | $18.80 Million | $52.78K/day | $- | $- | ▲ +28 days |
| 2012 | 328 days | $13.46 Million | $41.02K/day | $- | $549.00K | ▼ -73 days |
| 2011 | 401 days | $19.74 Million | $49.17K/day | $- | $583.00K | ▼ -175 days |
| 2010 | 576 days | $11.05 Million | $19.16K/day | $- | $- | ▼ -639 days |
| 2009 | 1216 days | $22.68 Million | $18.66K/day | $- | $- | ▼ -1153 days |
| 2008 | 2369 days | $40.34 Million | $17.02K/day | $- | $- | ▲ +2152 days |
| 2007 | 217 days | $14.49 Million | $66.73K/day | $- | $- | ▼ -115 days |
| 2006 | 332 days | $13.42 Million | $40.37K/day | $- | $- | ▼ -1103 days |
| 2005 | 1436 days | $19.56 Million | $13.62K/day | $- | $- | ▲ +726 days |
| 2004 | 710 days | $4.54 Million | $6.40K/day | $- | $- | ▲ +614 days |
| 2003 | 95 days | $8.14 Million | $85.45K/day | $- | $- | ▼ -5430 days |
| 2002 | 5525 days | $3.28 Million | $593.05/day | $- | $- | ▲ +3918 days |
| 2001 | 1606 days | $170.18K | $105.93/day | $- | $- | ▼ -84217 days |
| 2000 | 85824 days | $10.23 Million | $119.18/day | $- | $- | ▲ +85363 days |
| 1999 | 460 days | $100.00K | $217.35/day | $- | $- | ▲ +409 days |
| 1998 | 51 days | $100.00K | $1.98K/day | $- | $- | ▼ -413 days |
| 1997 | 463 days | $1.50 Million | $3.24K/day | $- | $- | — |