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, 2024, the company fleet consisted of 20 Suezmax crude oil tankers. Nordic American Tankers Limited was incorporated in 1995 and is based in Hamilton, Bermuda.
Nordic American Tankers Limited (NAT) - Total Liabilities
Latest total liabilities as of September 2025: $465.84 Million USD
Based on the latest financial reports, Nordic American Tankers Limited (NAT) has total liabilities worth $465.84 Million USD as of September 2025.
Total liabilities represent everything the company owes to external parties, combining both current liabilities—like accounts payable, short-term debt, and accrued expenses—and non-current liabilities such as long-term debt, pension obligations, lease liabilities, and deferred tax liabilities.
Nordic American Tankers Limited - Total Liabilities Trend (1997–2024)
This chart illustrates how Nordic American Tankers Limited's total liabilities have evolved over time, based on quarterly financial data. Explore and compare other companies by total liabilities.
Nordic American Tankers Limited Competitors by Total Liabilities
The table below lists competitors of Nordic American Tankers Limited ranked by their total liabilities.
| Company | Country | Total Liabilities |
|---|---|---|
|
China South Publishing & Media Group Co Ltd
SHG:601098
|
China | CN¥9.50 Billion |
|
ID Logistics SAS
F:1ID
|
Germany | €2.46 Billion |
|
Netmarble Games Corp
KO:251270
|
Korea | ₩2.52 Trillion |
|
Vipshop Holdings Limited
NYSE:VIPS
|
USA | $34.54 Billion |
|
Brigade Enterprises Limited
NSE:BRIGADE
|
India | ₹171.52 Billion |
|
Collegium Pharmaceutical Inc
NASDAQ:COLL
|
USA | $1.33 Billion |
|
Piramal Pharma Limited
NSE:PPLPHARMA
|
India | ₹81.16 Billion |
Liability Composition Analysis (1997–2024)
This chart breaks down Nordic American Tankers Limited's total liabilities into key components over time: long-term debt, short-term debt, other current liabilities, and other non-current liabilities. Toggle between absolute values and percentage view to see how the composition has shifted.
Liquidity & Leverage Metrics
Key Metrics Explained
| Metric | Value | Description |
|---|---|---|
| Current Ratio | 1.95 | Measures ability to pay short-term obligations (Current Assets ÷ Current Liabilities) |
| Quick Ratio | N/A | More stringent measure of short-term liquidity ((Current Assets - Inventory) ÷ Current Liabilities) |
| Cash Ratio | 1.00 | Most conservative liquidity measure (Cash & Equivalents ÷ Current Liabilities) |
| Debt to Equity | 1.01 | Measures financial leverage (Total Liabilities ÷ Shareholder Equity) |
| Debt to Assets | 0.50 | Portion of assets financed with debt (Total Liabilities ÷ Total Assets) |
Liability Trends Comparison
This chart compares key liability metrics across different time periods, showing how Nordic American Tankers Limited's debt structure has evolved. The comparison includes total liabilities, long-term debt, and current liabilities.
Annual Total Liabilities for Nordic American Tankers Limited (1997–2024)
The table below shows the annual total liabilities of Nordic American Tankers Limited from 1997 to 2024.
| Year | Total Liabilities | Change |
|---|---|---|
| 2024-12-31 | $308.77 Million | -9.42% |
| 2023-12-31 | $340.89 Million | +0.04% |
| 2022-12-31 | $340.75 Million | -3.45% |
| 2021-12-31 | $352.93 Million | -5.94% |
| 2020-12-31 | $375.22 Million | -13.84% |
| 2019-12-31 | $435.48 Million | -7.16% |
| 2018-12-31 | $469.08 Million | +9.09% |
| 2017-12-31 | $430.00 Million | -10.20% |
| 2016-12-31 | $478.86 Million | +32.69% |
| 2015-12-31 | $360.89 Million | +25.77% |
| 2014-12-31 | $286.95 Million | +1.95% |
| 2013-12-31 | $281.45 Million | +1.89% |
| 2012-12-31 | $276.24 Million | +7.14% |
| 2011-12-31 | $257.82 Million | +186.06% |
| 2010-12-31 | $90.13 Million | +621.37% |
| 2009-12-31 | $12.49 Million | -50.60% |
| 2008-12-31 | $25.29 Million | -80.92% |
| 2007-12-31 | $132.52 Million | -29.60% |
| 2006-12-31 | $188.23 Million | +39.46% |
| 2005-12-31 | $134.97 Million | +5680.35% |
| 2004-12-31 | $2.34 Million | -92.51% |
| 2003-12-31 | $31.19 Million | -3.24% |
| 2002-12-31 | $32.23 Million | +4.59% |
| 2001-12-31 | $30.82 Million | +2.57% |
| 2000-12-31 | $30.04 Million | -0.11% |
| 1999-12-31 | $30.08 Million | -2.09% |
| 1998-12-31 | $30.72 Million | +2500.27% |
| 1997-12-31 | $1.18 Million | -- |