Nordic American Tankers Balance Sheet

Financials in millions USD. Fiscal year is January - December.

Millions USD. Fiscal year is Jan - Dec.

Fiscal Year	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Dec '25 Dec 31, 2025	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023	Dec '22 Dec 31, 2022	Dec '21 Dec 31, 2021
Cash & Equivalents	45.86	44.38	33.36	63.3	44.65
Cash & Short-Term Investments	45.86	44.38	33.36	63.3	44.65
Cash Growth	3.33%	33.04%	-47.30%	41.78%	-28.07%
Accounts Receivable	19.04	16.22	26.29	20.47	9.37
Inventory	19.93	21.93	31.18	25.43	20.87
Other Current Assets	66.04	16.23	18.08	33.46	32.21
Total Current Assets	150.87	98.77	108.91	142.66	107.11
Net Property, Plant & Equipment	748.21	716.25	769.16	736.34	741.39
Other Long-Term Assets	3.09	2.57	1.12	0.88	2.65
Total Assets	902.16	817.59	879.2	879.88	851.15
Accounts Payable	2.53	4.26	3.45	6.96	6.55
Accrued Expenses	15.24	12.29	11.75	11.32	14.99
Current Portion of Long-Term Debt	35.4	21.56	31.9	39.7	37.55
Unearned Revenue	-	5.63	3.95	-	-
Other Current Liabilities	14.25	16.04	19.44	14.44	8.56
Total Current Liabilities	67.42	59.79	70.48	72.41	67.65
Long-Term Debt	388.74	248.14	269.7	266.34	283.41
Long-Term Leases	-	-	-	0.54	1.15
Other Long-Term Liabilities	0.48	0.85	0.72	0.62	0.72
Total Long-Term Liabilities	389.22	248.99	270.41	267.49	285.28
Total Liabilities	456.64	308.77	340.89	339.9	352.93
Common Stock	-	2.12	2.09	2.09	1.84
Additional Paid-in Capital	-	519.39	595.83	695.94	669.3
Accumulated Other Comprehensive Income	-	-1.82	-2.09	-1.81	-1.58
Retained Earnings	-	-10.87	-57.52	-156.23	-171.33
Shareholders' Equity	445.52	508.81	538.3	539.98	498.22
Total Liabilities & Equity	902.16	817.59	879.2	879.88	851.15
Total Debt	424.14	269.7	301.6	306.57	322.11
Net Cash (Debt)	-378.28	-225.32	-268.23	-243.27	-277.46
Net Cash Per Share	-1.79	-1.08	-1.28	-1.20	-1.71
Book Value	445.52	508.81	538.3	539.98	498.22
Book Value Per Share	2.10	2.43	2.58	2.67	3.07
Tangible Book Value	445.52	508.81	538.3	539.98	498.22
Tangible Book Value Per Share	2.10	2.43	2.58	2.67	3.07

Updated Dec 31, 2025. Data Source: Fiscal.ai. Standard template. Financial Sources.