NORDIC AMERICAN TANKERS Ltd (NAT) Current Ratio
- Current ratio · latest quarter: Value 2.24×; Formula and calculation Current assets / current liabilities..
Current ratio
Overview →Financial period ending 2025-12-31; current quote (m). Amounts retain their stated periods and units.
| Metric | Value | Formula and calculation |
|---|---|---|
| Current ratio · latest quarter | 2.24× | Current assets / current liabilities. $150.87M ÷ $67.42M ≈ 2.24× |
Calculation inputs
| Input | Amount with unit | Raw financial data |
|---|---|---|
| Current assets | 150.87M USD | Assets, Current |
| Current obligations | 67.42M USD | Liabilities, Current |
| Cash and equivalents | 45.86M USD | Cash and Cash Equivalents, at Carrying Value |
| Short-term securities | (m) | Available-for-sale Securities, Current |
| Customer receivables | 19.04M USD | Accounts Receivable, after Allowance for Credit Loss, Current |
| Inventory | (m) | Inventory, Net |
| Payables | 2.53M USD | Accounts Payable, Current |
| Borrowing debt due within one year | 35.40M USD | Long-term Debt, Current Maturities |
Calculated history
Changes compare with the next older row (previous quarter), unless explicitly labeled otherwise. Rolling 12-month growth compares two successive quarter-end rolling totals; it is not year-over-year growth.
| Period ending | Current assets (USD) | Current obligations (USD) | Cash and equivalents (USD) | Short-term securities (USD) | Customer receivables (USD) | Inventory (USD) | Payables (USD) | Borrowing debt due within one year (USD) | Current ratio |
|---|---|---|---|---|---|---|---|---|---|
| 2025-12-31 | $150.87M | $67.42M | $45.86M | (m) | $19.04M | (m) | $2.53M | $35.40M | 2.24× |
| 2024-12-31 | $98.77M | $59.78M | $39.18M | (m) | $16.22M | (m) | $4.26M | $21.56M | 1.65× |
| 2024-06-30 | $117.46M | $147.84M | $40.76M | (m) | $22.80M | (m) | $2.62M | $98.73M | 0.79× |
| 2023-12-31 | $108.91M | $70.48M | $31.08M | (m) | $26.29M | (m) | $3.45M | $31.90M | 1.55× |
| 2023-06-30 | $170.69M | $93.92M | $96.48M | (m) | $27.54M | (m) | $1.71M | $42.95M | 1.82× |
| 2022-12-31 | $142.66M | $72.41M | $59.58M | (m) | $20.47M | (m) | $6.96M | $39.70M | 1.97× |
| 2022-06-30 | $135.56M | $88.79M | $35.57M | (m) | (m) | (m) | $7.91M | $41.58M | 1.53× |
| 2021-12-31 | $107.11M | $67.64M | $34.74M | (m) | $9.37M | (m) | $6.55M | $37.55M | 1.58× |
| 2021-06-30 | $85.97M | $42.65M | $34.30M | (m) | (m) | (m) | $3.73M | $22.27M | 2.02× |
| 2020-12-31 | $99.52M | $39.68M | $57.85M | (m) | (m) | (m) | $4.10M | $22.09M | 2.51× |
| 2020-06-30 | $182.42M | $101.32M | $112.81M | (m) | (m) | (m) | $1.57M | $52.36M | 1.80× |
| 2019-12-31 | $129.37M | $59.03M | $48.85M | (m) | (m) | (m) | $8.40M | $23.54M | 2.19× |
| 2019-06-30 | $100.19M | $39.38M | $42.06M | (m) | (m) | (m) | $5.49M | $20.12M | 2.54× |
| 2018-12-31 | $112.94M | $36.29M | $49.33M | (m) | (m) | (m) | $3.58M | $18.69M | 3.11× |
| 2018-09-30 | $110.23M | $25.70M | $45.53M | (m) | (m) | $20.36M | $4.65M | $4.65M | 4.29× |
| 2017-12-31 | $126.99M | $25.33M | $58.36M | (m) | (m) | (m) | $3.22M | $0.00 | 5.01× |
| 2017-09-30 | $93.57M | $26.60M | $31.15M | (m) | (m) | $21.40M | $3.80M | (m) | 3.52× |
| 2016-12-31 | $163.71M | $21.52M | $82.17M | (m) | (m) | $20.89M | $4.29M | (m) | 7.61× |
| 2016-06-30 | $102.64M | $21.23M | $29.52M | (m) | (m) | $17.18M | $4.67M | (m) | 4.83× |
| 2015-12-31 | $118.18M | $20.86M | $29.89M | (m) | (m) | $14.84M | $4.25M | (m) | 5.67× |
| 2014-12-31 | $176.50M | $24.04M | $100.74M | (m) | (m) | $22.22M | $6.66M | (m) | 7.34× |
| 2013-12-31 | $131.40M | $19.26M | $65.67M | (m) | (m) | $24.28M | $6.45M | (m) | 6.82× |
| 2013-06-30 | $124.58M | $15.35M | $71.13M | $0.00 | (m) | $26.77M | $3.81M | (m) | 8.12× |
| 2012-12-31 | $78.57M | $14.97M | $55.51M | $549.00K | (m) | $4.05M | $3.10M | (m) | 5.25× |
| 2011-12-31 | $83.10M | $17.95M | $24.01M | $583.00K | (m) | $7.59M | $4.38M | (m) | 4.63× |
| 2011-09-30 | $102.79M | $33.19M | $10.40M | $550.00K | (m) | (m) | $3.89M | (m) | 3.10× |
| 2010-12-31 | $71.64M | $6.99M | $17.22M | $0.00 | (m) | $3.60M | $2.04M | (m) | 10.24× |
| 2009-12-31 | $110.20M | $6.81M | $30.50M | (m) | (m) | (m) | $3.36M | (m) | 16.18× |
(m) means missing inputs. Historical market-based ratios use the saved close on or immediately before period ending and that period’s reported shares; current quotes are not substituted. Five-year projections repeat historical CAGR, not analyst forecasts.