Nordic American Tankers Limited Total Assets
Nordic American Tankers Limited total assets. Based on the latest financial reports, Nordic American Tankers Limited (B3O) holds total assets worth €917.50 Million EUR (≈ $1.07 Billion USD) as of June 2026. Total assets represent everything the company owns and controls, combining both current assets—like cash and cash equivalents, accounts receivable, and inventories—and non-current assets such as property, plant, equipment (PP&E), intangible assets, and long-term investments. Also see Nordic American Tankers Limited market capitalisation for the company's overall valuation and market capitalisation.
Total Assets of Nordic American Tankers Limited (2013–2025)
Total assets of Nordic American Tankers Limited from 2013 to 2025. This chart illustrates how Nordic American Tankers Limited's total assets have evolved over time, based on quarterly financial data. See Nordic American Tankers Limited (B3O) share price today for real-time trading data and today's change.
Nordic American Tankers Limited - Asset Composition Analysis
Nordic American Tankers Limited Total Assets Breakdown (December 2025)
Nordic American Tankers Limited total assets breakdown as of December 2025. Nordic American Tankers Limited's total assets of €917.50 Million consist of 16.7% current assets and 83.3% non-current assets.
| Asset Category | Amount (EUR) | % of Total Assets |
|---|---|---|
| Cash & Equivalents | €0.00 | 5.1% |
| Accounts Receivable | €19.04 Million | 2.1% |
| Inventory | €19.93 Million | 2.2% |
| Property, Plant & Equipment | €0.00 | 0.0% |
| Intangible Assets | €0.00 | 0.0% |
| Goodwill | €0.00 | 0.0% |
Asset Composition Trend (2013–2025)
This chart illustrates how Nordic American Tankers Limited's asset composition has evolved over time. Understanding changes in asset allocation can provide insights into the company's strategic shifts, capital allocation priorities, and business focus evolution. Explore Nordic American Tankers Limited working capital to net assets to assess how much short-term liquidity the company maintains relative to its equity base.
Key Asset Composition Facts
- Current vs. Non-Current Assets: Nordic American Tankers Limited's current assets represent 16.7% of total assets in 2025, an increase from 11.6% in 2013.
- Cash Position: Cash and equivalents constituted 5.1% of total assets in 2025, down from 5.8% in 2013.
- Tangible vs. Intangible: Intangible assets (including goodwill) make up 0.0% of total assets, a decrease from 1.0% in 2013.
- Asset Diversification: The largest asset category is inventory at 2.2% of total assets.
Nordic American Tankers Limited Competitors by Total Assets
Key competitors of Nordic American Tankers Limited based on total assets are shown below.
| Company | Country | Total Assets |
|---|---|---|
|
FLEX LNG Ltd
NYSE:FLNG
|
USA | $2.58 Billion |
|
Golar LNG Limited
NASDAQ:GLNG
|
USA | $5.34 Billion |
|
Golar LNG Limited
F:G2O
|
Germany | €4.77 Billion |
|
Kinetik Holdings Inc
NYSE:KNTK
|
USA | $7.11 Billion |
|
Jiangxi Jovo Energy Co. Ltd
SHG:605090
|
China | CN¥15.92 Billion |
|
FLEX LNG Ltd
OL:FLNG
|
Norway | Nkr2.63 Billion |
|
Nordic American Tankers Limited
NYSE:NAT
|
USA | $901.26 Million |
|
WhiteHawk Minerals Corp.
NYSE:WHK
|
USA | $585.04 Million |
Nordic American Tankers Limited - Liquidity and Working Capital Analysis
Liquidity ratios measure a company's ability to pay off its short-term debts as they come due, using the company's current or quick assets. Working capital represents the operational liquidity available.
Key Liquidity Metrics
| Metric | Current | 1 Year Ago | 5 Years Ago |
|---|---|---|---|
| Current Ratio | 3.27 | 2.33 | 1.41 |
| Quick Ratio | 3.05 | 2.04 | 1.12 |
| Cash Ratio | 0.00 | 0.00 | 0.00 |
| Working Capital | €155.65 Million | €86.23 Million | €30.28 Million |
Nordic American Tankers Limited - Advanced Valuation Insights
This section examines the relationship between Nordic American Tankers Limited's asset base and its market valuation, helping to identify whether the company's assets are efficiently translated into market value.
Key Valuation Metrics
| Current Price-to-Book Ratio | 3.39 |
| Latest Market Cap to Assets Ratio | 1.78 |
| Asset Growth Rate (YoY) | 10.3% |
| Total Assets | €902.16 Million |
| Market Capitalization | $1.61 Billion USD |
Valuation Analysis
Above Book Valuation: The market values Nordic American Tankers Limited's assets above their book value (1.78x), reflecting positive investor sentiment about the company's future prospects.
Rapid Asset Growth: Nordic American Tankers Limited's assets grew by 10.3% over the past year, indicating significant expansion of the company's resource base.
Annual Total Assets for Nordic American Tankers Limited (2013–2025)
The table below shows the annual total assets of Nordic American Tankers Limited from 2013 to 2025.
| Year | Total Assets | Change |
|---|---|---|
| 2025-12-31 | €902.16 Million ≈ $1.05 Billion |
+10.34% |
| 2024-12-31 | €817.59 Million ≈ $955.85 Million |
-7.01% |
| 2023-12-31 | €879.20 Million ≈ $1.03 Billion |
-0.17% |
| 2022-12-31 | €880.74 Million ≈ $1.03 Billion |
-2.47% |
| 2021-12-31 | €903.06 Million ≈ $1.06 Billion |
-7.32% |
| 2020-12-31 | €974.35 Million ≈ $1.14 Billion |
-5.49% |
| 2019-12-31 | €1.03 Billion ≈ $1.21 Billion |
-3.75% |
| 2018-12-31 | €1.07 Billion ≈ $1.25 Billion |
-6.13% |
| 2017-12-31 | €1.14 Billion ≈ $1.33 Billion |
-15.47% |
| 2016-12-31 | €1.35 Billion ≈ $1.58 Billion |
+8.93% |
| 2015-12-31 | €1.24 Billion ≈ $1.45 Billion |
+5.39% |
| 2014-12-31 | €1.18 Billion ≈ $1.37 Billion |
+3.47% |
| 2013-12-31 | €1.14 Billion ≈ $1.33 Billion |
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About Nordic American Tankers Limited
Nordic American Tankers Limited, a tanker company, owns, operates, and charters double-hull tankers in Bermuda and internationally. As of December 31, 2025, the company fleet consisted of 20 Suezmax crude oil tankers. It serves oil companies, oil traders, and other entities requiring crude oil transportation services. The company was formerly known as Nordic American Tanker Shipping Limited and c… Read more