Nordic American Tankers Limited (NAT) — Net Asset Quality Index
Nordic American Tankers Limited (NAT) has a Net Asset Quality Index of 50.6% as of March 2026. This metric measures the proportion of total assets financed by shareholders' equity — total assets of $901.26 Million minus total liabilities of $445.32 Million yields net assets of $455.94 Million. A higher index indicates a stronger, lower-leverage balance sheet. Read Nordic American Tankers Limited total liabilities for a breakdown of total debt and financial obligations.
Quality Index
Net Assets
Total Assets
Total Liabilities
Nordic American Tankers Limited Net Asset Quality Index Over Time (1997–2025)
This chart shows how Nordic American Tankers Limited's Net Asset Quality Index has evolved across 29 annual periods from 1997 to 2025. As of March 2026, the index stands at 50.6%, representing net assets of $455.94 Million against total assets of $901.26 Million USD. For live market cap and overall valuation, see NAT market cap.
Annual Net Asset Quality Index for Nordic American Tankers Limited (1997–2025)
The table below presents the year-by-year Net Asset Quality Index for Nordic American Tankers Limited from 1997 to 2025, covering 29 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. Check Nordic American Tankers Limited strategic asset allocation index to assess the company's strategic physical and investment asset allocation.
| Year | Quality Index | Net Assets (USD) | Total Assets | Total Liabilities | Change (pp) |
|---|---|---|---|---|---|
| 2025 | 49.4% | $445.52 Million | $902.16 Million | $456.64 Million | ▼ -12.8 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 | — |