NORDIC AMERICAN TANKERS Ltd financials

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NAT CIK 0001000177

Source: EDGAR filings · Built 2026-06-03T02:27:21Z

Key metrics by reporting period

Up to six most-recent periods side-by-side. Rows are the curated key lines — revenue, margins, cash, debt, equity, cash-flow totals, plus the derived and valuation metrics we compute on top. For every tag a filer reported in one period, use the single-filing drilldown below.

Derived Metrics

Concept FY 2025FY 2024FY 2023FY 2022FY 2021FY 2020
EBITDA 104.08M 133.46M 179.29M 92.29M -76.11M 149.06M
Working Capital 83.45M 38.99M 38.43M 70.25M 39.46M 59.84M
Net Debt 378.28M 230.53M 270.52M 246.99M 287.37M 299.59M
Gross Margin 62.33% 64.36% 66.94% 49.75% 32.87% 65.85%
Operating Margin 15.89% 22.11% 32.65% 12.34% -75.61% 22.91%
Net Margin 4.21% 13.34% 25.20% 4.45% -89.67% 14.11%
Return on Equity (ROE) 2.75% 9.17% 18.34% 2.80% -34.39% 8.35%
Return on Assets (ROA) 1.36% 5.71% 11.23% 1.72% -20.13% 5.13%
Current Ratio 2.24× 1.65× 1.55× 1.97× 1.58× 2.51×
Debt-to-Equity 0.95× 0.53× 0.56× 0.57× 0.65× 0.60×
Effective Tax Rate 0.39% -0.02% 0.12% 0.15% -0.03% 0.13%
Cash Conversion Ratio 1.62× 2.75× 1.41× 1.60× 0.26× 2.22×
Accruals Ratio -0.01× -0.10× -0.05× -0.01× -0.15× -0.06×
SBC % of Revenue 0.00% 0.53% 0.56% 0.14% 0.18% 0.08%

Valuation Metrics

Concept FY 2025FY 2024FY 2023FY 2022FY 2021FY 2020
P/E Trailing (Diluted) 57.33× 11.36× 8.94× 43.71× — 8.68×
EV / EBITDA 10.63× 5.69× 6.40× 9.60× — 5.01×
P/S 2.50× 1.51× 2.24× 1.88× 1.62× 1.26×
P/B 1.64× 1.04× 1.63× 1.18× 0.62× 0.75×

Income Statement

Concept FY 2025FY 2024FY 2023FY 2022FY 2021FY 2020
Revenue from Contract with Customer, Excluding Assessed Tax 291.69M 349.74M 391.69M 339.34M 191.07M 354.62M
Cost of Goods and Services Sold 109.88M 124.65M 129.51M 170.51M 128.26M 121.09M
Operating Income (Loss) 46.34M 77.31M 127.89M 41.87M -144.46M 81.23M
Income Tax Expense (Benefit) 48.00K -10.00K 120.00K 23.00K 59.00K 64.00K
Net Income (Loss) Attributable to Parent 12.27M 46.64M 98.71M 15.10M -171.33M 50.03M
Earnings Per Share, Basic $0.06 $0.22 $0.47 $0.07 $-1.05 $0.34
Weighted Average Number of Shares Outstanding, Basic 211.75M 209.23M 208.80M 202.03M 162.55M 149.29M
Earnings Per Share, Diluted $0.06 $0.22 $0.47 $0.07 $-1.05 $0.34
Weighted Average Number of Shares Outstanding, Diluted 211.75M 209.90M 208.81M 202.03M 162.55M 149.29M

Balance Sheet

Concept FY 2025FY 2024FY 2023FY 2022FY 2021FY 2020
Cash and Cash Equivalents, at Carrying Value 45.86M 39.18M 31.08M 59.58M 34.74M 57.85M
Assets, Current 150.87M 98.77M 108.91M 142.66M 107.11M 99.52M
Assets 902.16M 817.59M 879.20M 879.88M 851.15M 974.35M
Liabilities, Current 67.42M 59.78M 70.48M 72.41M 67.64M 39.68M
Long-term Debt, Excluding Current Maturities 388.74M 248.14M 269.70M 266.34M 283.41M 334.62M
Stockholders' Equity Attributable to Parent 445.52M 508.81M 538.30M 539.98M 498.22M 599.13M
Common Stock, Shares, Outstanding 211.75M 211.75M 208.80M 208.80M 183.69M 151.45M

Cash Flow Statement

Concept FY 2025FY 2024FY 2023FY 2022FY 2021FY 2020
Net Cash Provided by (Used in) Operating Activities 19.82M 128.16M 139.44M 24.13M -44.46M 110.94M
Net Cash Provided by (Used in) Investing Activities -87.70M -2.62M -73.67M -14.34M -3.46M -17.48M
Payments of Dividends 76.20M 75.10M 89.80M 22.70M 9.70M 67.20M
Net Cash Provided by (Used in) Financing Activities 68.99M -115.05M -95.67M 9.01M 30.51M -93.08M

Raw XBRL tagging for a single filing

Every us-gaap and custom concept the filer tagged for one fiscal period, grouped by statement. Start here when a number in the trend table above surprises you and you want to see the exact tag behind it. Derived and valuation rows are omitted here because they already appear in the trend table.

Most recent filing shown by default.

Compare filings side-by-side

Diff any two filings with deltas and added / removed tags.

Immaterial rows are USD line items under 1% of the period's revenue — the noise floor below which a single tag rarely moves the investment thesis. Revenue is read from the filer's top-line concept (Revenues / RevenueFromContractWithCustomerExcludingAssessedTax, with a fallback chain). Non-USD rows, rows without a numeric value, and every row on a filing with no identifiable revenue anchor stay visible. Flip the switch off to see every tag the filer reported for the period.

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Methodology

All facts on this page come straight from SEC EDGAR XBRL company-facts filings (NAT CIK 0001000177), grouped by financial statement using FASB's base us-gaap presentation taxonomy. Filers may re-parent concepts onto different statements in their own extension taxonomy, so a handful of rows can show up under a different statement than on the actual 10-K / 10-Q; custom concepts and any we couldn't map fall into Other. Hover a cell to see the fully-qualified concept name and the filer's description.

For the full methodology — statement grouping, the Other bucket, derived metrics, and fact tooltips — see the methodology reference for the statement grouping, the "Other" bucket, derived metrics, and fact tooltips.

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