Nordic American Tankers Limited (NAT) — Financial Flexibility Index
Nordic American Tankers Limited (NAT) has a Financial Flexibility Index of 0.01x as of September 2025. Free cash flow of $3.94 Million (operating CF $3.90 Million minus capex $42.00K) represents 0% of total liabilities ($465.84 Million). Check asset allocation strategy of Nordic American Tankers Limited to assess the company's strategic physical and investment asset allocation.
Financial Flexibility Index
Free Cash Flow
Total Liabilities
Capital Expenditures
Nordic American Tankers Limited Financial Flexibility Index (1997–2024)
Historical Financial Flexibility Index trend for Nordic American Tankers Limited across 28 annual periods. See Nordic American Tankers Limited (NAT) working capital ratio to evaluate short-term liquidity relative to the company's equity base.
Annual Financial Flexibility Index for Nordic American Tankers Limited (1997–2024)
Year-by-year free cash flow to debt coverage for Nordic American Tankers Limited. For the full company profile including market capitalisation, see NAT company net worth.
| Year | Flexibility Index | Free Cash Flow (USD) | Operating CF | Total Liabilities | YoY Change |
|---|---|---|---|---|---|
| 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 | — |