Nordic American Tankers Limited (NAT)

NYSE: NAT · Real-Time Price · USD

6.77

+0.01 (0.15%)

At close: Aug 28, 2026, 4:00 PM EDT

6.79

+0.02 (0.32%)

After-hours: Aug 28, 2026, 7:53 PM EDT

Nordic American Tankers Balance Sheet

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

Millions USD. Fiscal year is Jan - Dec.

Assets

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Jun '26 Jun 30, 2026	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	133.29	45.86	39.18	31.08	59.58	34.74
Cash & Short-Term Investments	133.29	45.86	39.18	31.08	59.58	34.74
Cash Growth	41.07%	17.07%	26.06%	-47.84%	71.52%	-39.95%
Receivables	21.81	19.04	16.22	26.29	20.47	9.37
Inventory	33.95	37.5	28.5	42.36	49.43	31.36
Prepaid Expenses	16.3	8.4	6.23	4.32	5.98	4.85
Restricted Cash	-	-	5.21	2.28	3.72	9.91
Other Current Assets	18.73	40.07	3.44	2.58	3.48	16.88
Total Current Assets	224.08	150.87	98.77	108.91	142.66	107.11
Property, Plant & Equipment	690.63	751.3	718.82	770.29	737.07	742.15
Other Long-Term Assets	2.79	-	-	-	0.15	1.9
Total Assets	917.5	902.16	817.59	879.2	879.88	851.15

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Jun '26 Jun 30, 2026	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
Accounts Payable	3.57	3.52	7.05	3.77	6.96	6.55
Accrued Expenses	17.43	24.1	16.73	17.69	17.79	18.99
Current Portion of Long-Term Debt	35.4	35.4	21.56	31.9	39.7	37.55
Current Portion of Leases	-	0.33	-	-	-	-
Current Unearned Revenue	-	3.84	5.63	3.95	6.15	2.76
Other Current Liabilities	12.04	0.24	8.81	13.18	1.82	1.8
Total Current Liabilities	68.43	67.42	59.79	70.48	72.41	67.65
Long-Term Debt	371.16	388.74	248.14	269.7	266.34	283.41
Long-Term Leases	-	-	-	-	0.54	1.15
Other Long-Term Liabilities	0.28	0.48	0.85	0.72	0.62	0.72
Total Liabilities	439.87	456.64	308.77	340.89	339.9	352.93

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Jun '26 Jun 30, 2026	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
Common Stock	477.62	2.12	2.12	2.09	2.09	1.84
Additional Paid-In Capital	-	443.16	519.39	595.83	695.94	669.3
Retained Earnings	-	1.4	-10.87	-57.52	-156.23	-171.33
Comprehensive Income & Other	-	-1.16	-1.82	-2.09	-1.81	-1.58
Shareholders' Equity	477.62	445.52	508.81	538.3	539.98	498.22
Total Liabilities & Equity	917.5	902.16	817.59	879.2	879.88	851.15

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Jun '26 Jun 30, 2026	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
Total Debt	406.57	424.47	269.7	301.6	306.57	322.11
Net Cash (Debt)	-273.27	-378.61	-230.53	-270.52	-246.99	-287.37
Net Cash Growth	-	-	-	-	-	-
Net Cash Per Share	-1.29	-1.79	-1.10	-1.30	-1.22	-1.77
Filing Date Shares Outstanding	211.75	211.75	211.75	208.8	208.8	201.67
Total Common Shares Outstanding	211.75	211.75	211.75	208.8	208.8	183.69
Working Capital	155.65	83.45	38.99	38.43	70.25	39.46
Book Value Per Share	2.26	2.10	2.40	2.58	2.59	2.71
Tangible Book Value	477.62	445.52	508.81	538.3	539.98	498.22
Tangible Book Value Per Share	2.26	2.10	2.40	2.58	2.59	2.71
Machinery	-	1,135	1,140	1,139	1,066	1,193
Construction In Progress	-	-	-	-	-	24.27

SEC Filings: 10-K · 10-Q