Nordic American Tankers Limited (NAT) — Net Asset Quality Index
Nordic American Tankers Limited (NAT) has a Net Asset Quality Index of 49.7% as of September 2025. This metric measures the proportion of total assets financed by shareholders' equity — total assets of $926.96 Million minus total liabilities of $465.84 Million yields net assets of $461.12 Million. A higher index indicates a stronger, lower-leverage balance sheet. Check NAT cash and liquid asset ratio to evaluate the company's liquid asset resilience ratio.
Quality Index
Net Assets
Total Assets
Total Liabilities
Nordic American Tankers Limited Net Asset Quality Index Over Time (1997–2024)
This chart shows how Nordic American Tankers Limited's Net Asset Quality Index has evolved across 28 annual periods from 1997 to 2024. As of September 2025, the index stands at 49.7%, representing net assets of $461.12 Million against total assets of $926.96 Million USD. See Nordic American Tankers Limited (NAT) liquidity to equity ratio to evaluate short-term liquidity relative to the company's equity base.
Annual Net Asset Quality Index for Nordic American Tankers Limited (1997–2024)
The table below presents the year-by-year Net Asset Quality Index for Nordic American Tankers Limited from 1997 to 2024, covering 28 annual filings. Each row shows total assets, total liabilities, net assets, the quality index percentage, and the change in percentage points compared to the prior year. For market capitalisation and the full company profile, see Nordic American Tankers Limited market cap and net worth.
| Year | Quality Index | Net Assets (USD) | Total Assets | Total Liabilities | Change (pp) |
|---|---|---|---|---|---|
| 2024 | 62.2% | $508.81 Million | $817.59 Million | $308.77 Million | ▲ +1.0 pp |
| 2023 | 61.2% | $538.30 Million | $879.20 Million | $340.89 Million | ▼ -0.1 pp |
| 2022 | 61.3% | $539.98 Million | $880.74 Million | $340.75 Million | ▲ +2.8 pp |
| 2021 | 58.5% | $498.22 Million | $851.15 Million | $352.93 Million | ▼ -3.0 pp |
| 2020 | 61.5% | $599.13 Million | $974.35 Million | $375.22 Million | ▲ +3.7 pp |
| 2019 | 57.8% | $595.42 Million | $1.03 Billion | $435.48 Million | ▲ +1.6 pp |
| 2018 | 56.2% | $602.03 Million | $1.07 Billion | $469.08 Million | ▼ -9.9 pp |
| 2017 | 66.2% | $840.52 Million | $1.27 Billion | $430.00 Million | ▲ +1.6 pp |
| 2016 | 64.5% | $871.05 Million | $1.35 Billion | $478.86 Million | ▼ -6.4 pp |
| 2015 | 70.9% | $880.72 Million | $1.24 Billion | $360.89 Million | ▼ -4.5 pp |
| 2014 | 75.5% | $882.08 Million | $1.17 Billion | $286.95 Million | ▲ +0.2 pp |
| 2013 | 75.2% | $854.98 Million | $1.14 Billion | $281.45 Million | ▲ +0.7 pp |
| 2012 | 74.6% | $809.38 Million | $1.09 Billion | $276.24 Million | ▼ -2.5 pp |
| 2011 | 77.1% | $867.56 Million | $1.13 Billion | $257.82 Million | ▼ -14.6 pp |
| 2010 | 91.7% | $992.96 Million | $1.08 Billion | $90.13 Million | ▼ -7.0 pp |
| 2009 | 98.7% | $934.08 Million | $946.58 Million | $12.49 Million | ▲ +1.8 pp |
| 2008 | 96.9% | $788.59 Million | $813.88 Million | $25.29 Million | ▲ +13.4 pp |
| 2007 | 83.5% | $672.11 Million | $804.63 Million | $132.52 Million | ▲ +7.1 pp |
| 2006 | 76.5% | $611.95 Million | $800.18 Million | $188.23 Million | ▲ +3.2 pp |
| 2005 | 73.3% | $370.87 Million | $505.84 Million | $134.97 Million | ▼ -25.6 pp |
| 2004 | 99.0% | $221.87 Million | $224.20 Million | $2.34 Million | ▲ +21.7 pp |
| 2003 | 77.2% | $105.71 Million | $136.90 Million | $31.19 Million | ▲ +0.5 pp |
| 2002 | 76.7% | $106.35 Million | $138.58 Million | $32.23 Million | ▼ -1.7 pp |
| 2001 | 78.4% | $111.84 Million | $142.66 Million | $30.82 Million | ▼ -2.9 pp |
| 2000 | 81.3% | $130.80 Million | $160.84 Million | $30.04 Million | ▲ +0.4 pp |
| 1999 | 81.0% | $127.98 Million | $158.06 Million | $30.08 Million | ▼ -0.5 pp |
| 1998 | 81.5% | $135.33 Million | $166.05 Million | $30.72 Million | ▼ -17.8 pp |
| 1997 | 99.3% | $169.50 Million | $170.68 Million | $1.18 Million | — |