Nordic American Tankers Limited (NAT) — Financial Flexibility Index

Latest as of March 2026: 0.07x

Nordic American Tankers Limited (NAT) has a Financial Flexibility Index of 0.07x as of March 2026. Free cash flow of $30.49 Million (operating CF $29.74 Million minus capex $752.00K) represents 0% of total liabilities ($445.32 Million). Check Nordic American Tankers Limited (NAT) total reinvestment rate to assess the company's total reinvestment commitment from operating cash flow.

Financial Flexibility Index

0.07x
Free Cash Flow / Total Liabilities

Free Cash Flow

$30.49 Million
Operating CF − Capex

Total Liabilities

$445.32 Million
USD

Capital Expenditures

$752.00K
USD

Nordic American Tankers Limited Financial Flexibility Index (1997–2025)

Historical Financial Flexibility Index trend for Nordic American Tankers Limited across 29 annual periods. For the full cash flow conversion analysis, see Nordic American Tankers Limited cash conversion from operations.

Annual Financial Flexibility Index for Nordic American Tankers Limited (1997–2025)

Year-by-year free cash flow to debt coverage for Nordic American Tankers Limited. Explore NAT cash flow to debt ratio to assess how comfortably operating cash covers total debt obligations.

Year Flexibility Index Free Cash Flow (USD) Operating CF Total Liabilities YoY Change
2025 0.34x $156.27 Million $19.82 Million $456.64 Million ▼ -19.2%
2024 0.42x $130.78 Million $128.16 Million $308.77 Million ▼ -32.3%
2023 0.63x $213.12 Million $139.44 Million $340.89 Million ▲ +78.2%
2022 0.35x $119.55 Million $24.13 Million $340.75 Million ▲ +563.2%
2021 -0.08x $-26.73 Million $-44.46 Million $352.93 Million ▼ -122.0%
2020 0.34x $129.02 Million $110.94 Million $375.22 Million ▲ +170.3%
2019 0.13x $55.39 Million $52.86 Million $435.48 Million ▲ +631.1%
2018 -0.02x $-11.23 Million $-16.10 Million $469.08 Million ▼ -114.9%
2017 0.16x $69.31 Million $31.74 Million $430.00 Million ▼ -71.0%
2016 0.56x $266.15 Million $127.79 Million $478.86 Million ▼ -44.6%
2015 1.00x $361.76 Million $174.39 Million $360.89 Million ▲ +118.7%
2014 0.46x $131.53 Million $57.48 Million $286.95 Million ▲ +435.8%
2013 -0.14x $-38.42 Million $-47.27 Million $281.45 Million ▼ -851.9%
2012 -0.01x $-3.96 Million $-6.71 Million $276.24 Million ▼ -104.7%
2011 0.31x $79.37 Million $-12.16 Million $257.82 Million ▼ -88.8%
2010 2.74x $246.99 Million $50.97 Million $90.13 Million ▼ -84.2%
2009 17.34x $216.68 Million $44.77 Million $12.49 Million ▲ +218.0%
2008 5.45x $137.95 Million $127.90 Million $25.29 Million ▲ +685.1%
2007 0.69x $92.07 Million $83.65 Million $132.52 Million ▼ -69.2%
2006 2.25x $424.41 Million $106.61 Million $188.23 Million ▼ -11.8%
2005 2.56x $345.22 Million $51.06 Million $134.97 Million ▼ -95.4%
2004 55.23x $128.95 Million $62.82 Million $2.34 Million ▲ +5661.8%
2003 0.96x $29.89 Million $29.89 Million $31.19 Million ▲ +142.3%
2002 0.40x $12.75 Million $12.75 Million $32.23 Million ▼ -66.4%
2001 1.18x $36.27 Million $36.27 Million $30.82 Million ▲ +45.7%
2000 0.81x $24.26 Million $24.26 Million $30.04 Million ▲ +102.6%
1999 0.40x $11.99 Million $11.99 Million $30.08 Million ▼ -4.2%
1998 0.42x $12.78 Million $12.78 Million $30.72 Million ▲ +768.7%
1997 0.05x $56.57K $56.57K $1.18 Million
Financial Flexibility Index = (Operating CF − Capex) / Total Liabilities = Free Cash Flow / Total Liabilities