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Nordic American Tankers Ltd (NAT) Annual Balance Sheets

Annual · GAAP · USD millions
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Reviewing balance sheet data across recent quarters allows users to assess how Nordic American Tankers Ltd manages assets, liabilities, and equity through different cycles.
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Annual Report, GAAP in USD millions
ITEM 		(Dec 31 2025)
(Dec 31 2024) (Dec 31 2023) (Dec 31 2022) (Dec 31 2021)
Assets
Cash & cash equivalent45.86
Cash & Short-term Investments45.00
Accounts receivable19.04
Unbilled Receivables, Current RE17.57
Inventories19.93
Disposal Group, Including Discontinued Operation, Assets AS0.00
Other Current Assets40.07
Prepaid Expense, Current AS8.40
Total Current Assets150.87
Equipment/Property/Plant Net490.84
Long-term investments0.00
Other Assets, Noncurrent751.30
Restricted Cash Current-
Assets Held For Sale Not Part Of Disposal Group Current36.02
Total Assets902.16
Liabilities
Accounts Payable, Current AC2.53
Dividends Payable, Current IN0.63
Long-term Debt, Current Maturities LO35.40
Other Liabilities, Current10.41
Taxes Payable0.99
Deferred Revenue, Current DE3.84
Total Current Liabilities67.42
Long-term debt388.74
Total Long-term Debt388.74
Deferred Compensation Liability, Classified, Noncurrent LI0.00
Other liabilities, Noncurrent0.00
Accrued Voyage Expenses Current15.24
Operating Lease Liability Noncurrent-
Total Liabilities456.16
Stockholders' Equity
Contributed Surplus244.96
Common Stock Value2.12
Additional Paid In Capital Common Stock198.21
Retained Earnings / Accumulated Deficit1.40
Accumulated Other Comprehensive Income-1.16
Other Equity-1.16
Common Stockholder's Equity445.52
Total Stockholder's Equity445.52
Liabilities & Stockholder's Equity902.16
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About Nordic American Tankers Ltd Annual Balance Sheet

What this statement shows

This page presents issuer-reported balance sheet data, detailing assets, liabilities, and stockholders equity as reported in SEC 20-F filings and standardized by CSIMarket. The balance sheet reflects the company's financial position at the end of each reporting period.

Source & verification

Last updated

  • Page updated:
  • Data lineage: SEC filings - XBRL extraction - balance-sheet normalization in the CSIMarket.com financial database.
  • Accession: 0001140361-26-017809

Balance sheet figures represent financial position at specific reporting dates and may be revised in subsequent filings.

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