NAT (Nordic American Tankers) Cash Ratio: 1.25 (As of Mar. 2026) — 34% Above Median

Author: Vera Yuan Vera Yuan
Vera Yuan
Vera Yuan
Director of Data and Quant Analytics at GuruFocus
Focused on building reliable datasets, financial models, and research tools for value-minded investors. Committed to turning complex data into practical guidance for value-investing and long-term wealth.
Reviewed by: Charlie Tian Charlie Tian
Charlie Tian
Charlie Tian
Founder & CEO of GuruFocus
Dr. Charlie Tian is the founder and CEO of GuruFocus.com, a leading global investment research platform established in 2004. With a Ph.D. in physics, Dr. Tian transitioned from science to finance, applying a data-driven, disciplined approach to value investing.

NAT Nordic American Tankers Ltd NAT
40 GF Score
Price $6.93
GF Value $2.81
Valuation Significantly Overvalued
! 7 Warning Signs
View Full Analysis

What is Nordic American Tankers Cash Ratio?

Nordic American Tankers NAT +1.61% 40 Cash Ratio is 1.25 as of Mar. 2026, which is 34% above its 10-year median of 0.93. GuruFocus rates NAT with a GF Score™ of 40/100 and a GF Value™ of $2.81 (Significantly Overvalued). The stock has 7 warning signs investors should review. Among 976 Oil & Gas companies, Nordic American Tankers ranks better than 74.28% on this metric.

The Cash Ratio measures a company’s ability to meet its short-term obligations with cash and near-cash resources. It is calculated as a company's Cash, Cash Equivalents, Marketable Securities divides by its Total Current Liabilities. Nordic American Tankers's Cash Ratio for the quarter that ended in Mar. 2026 was 1.25.

Nordic American Tankers has a Cash Ratio of 1.25. It generally indicates that the company is able to cover all short-term debt and still have cash remaining.

The historical rank and industry rank for Nordic American Tankers's Cash Ratio or its related term are showing as below:

NAT' s Cash Ratio Range Over the Past 10 Years
Min: 0.28   Med: 0.93   Max: 7.02
Current: 1.25

During the past 13 years, Nordic American Tankers's highest Cash Ratio was 7.02. The lowest was 0.28. And the median was 0.93.

NAT's Cash Ratio is ranked better than
74.28% of 976 companies
in the Oil & Gas industry
Industry Median: 0.45 vs NAT: 1.25

Nordic American Tankers  (NYSE:NAT) Cash Ratio Explanation

The cash ratio is more conservative than other liquidity ratios, such as Quick Ratio and Current Ratio, because it only considers a company's most liquid resources. The numerator of cash ratio only considers Cash, Cash Equivalents and marketable securities. Other current assets, such as accounts receivable and inventories, are not included. The rationale is that these assets may require time to be transformed into cash, and the amount of money received is also uncertain.

The cash ratio shows a company’s ability to pay all current liabilities immediately without selling or liquidating other assets. Generally speaking, a higher cash ratio suggests the company has a stronger ability to cover its short-term debt. However, a high cash ratio could also indicate inefficient management: the company is inefficient in making full utilization of cash to invest protential profitable project. It may also suggest that the company is not confident about future profitability.

In general, the higher the cash ratio, the better the company's liquidity position.


Nordic American Tankers Cash Ratio Related Terms


Nordic American Tankers Cash Ratio Historical Data

* Premium members only.

The historical data trend for Nordic American Tankers's Cash Ratio can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

Nordic American Tankers Cash Ratio Chart

Nordic American Tankers Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Cash Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.51 0.82 0.44 0.66 0.68

Nordic American Tankers Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
Cash Ratio Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 1.02 1.46 1.00 0.68 1.25

NAT vs PBT, NVGS, EE: Cash Ratio Comparison

For the Oil & Gas Midstream subindustry, Nordic American Tankers's Cash Ratio, along with its competitors' market caps and Cash Ratio data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


Nordic American Tankers Cash Ratio vs Oil & Gas Industry

For the Oil & Gas industry and Energy sector, Nordic American Tankers's Cash Ratio distribution charts can be found below:

* The bar in red indicates where Nordic American Tankers's Cash Ratio falls into.


NAT
40GF Score
Nordic American Tankers Ltd NAT
Cash Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Nordic American Tankers Cash Ratio Calculation

The Cash Ratio measures a company's ability to meet its short-term obligations with its cash and near-cash resources.

Nordic American Tankers's Cash Ratio for the fiscal year that ended in Dec. 2025 is calculated as:

Cash Ratio (A: Dec. 2025 )=Cash, Cash Equivalents, Marketable Securities/Total Current Liabilities
=45.863/67.42
=0.68

Nordic American Tankers's Cash Ratio for the quarter that ended in Mar. 2026 is calculated as:

Cash Ratio (Q: Mar. 2026 )=Cash, Cash Equivalents, Marketable Securities/Total Current Liabilities
=81.12/64.983
=1.25

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

Frequently Asked Questions Learn more about Cash Ratio →
What does a Cash Ratio of 1.25 mean?
Nordic American Tankers (NAT) has a Cash Ratio of 1.25 as of Mar. 2026. Cashflow ratio is the ratio of Cash, Cash Equivalents, Marketable Securities to current liabilities. View historical data on Nordic American Tankers and its competitors. This is 34% above median its historical median of 0.93. Over the past decade, Nordic American Tankers' Cash Ratio has ranged from 0.28 to 7.02. According to the industry distribution chart, Nordic American Tankers ranks #251 out of 976 companies in the Oil & Gas industry, placing it in the top 25.7%.
Is Nordic American Tankers' Cash Ratio too high?
Nordic American Tankers' current Cash Ratio of 1.25 is 34% above median its 10-year median of 0.93. Over the past 10 years, this metric has ranged from a low of 0.28 to a high of 7.02. The Oil & Gas industry median Cash Ratio is 0.45. Nordic American Tankers' value of 1.25 is 177.8% above this industry median. Based on the distribution chart, Nordic American Tankers ranks #251 out of 976 companies in the Oil & Gas industry, which is above the industry midpoint. Overall, Nordic American Tankers has a GF Score™ of 40/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Nordic American Tankers' Cash Ratio compare to PBT and NVGS?
According to the Oil & Gas industry distribution chart, Nordic American Tankers ranks #251 out of 976 companies for Cash Ratio. This puts Nordic American Tankers in the upper half of its industry. The industry median Cash Ratio is 0.45. Nordic American Tankers' value of 1.25 is 177.8% above this benchmark. Historically, Nordic American Tankers' own Cash Ratio has ranged from 0.28 to 7.02 over the past decade. While the company's 10-year median is 0.93 vs. the industry median of 0.45, Nordic American Tankers has consistently been above the industry average. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Cash Ratio for an Oil & Gas company?
The median Cash Ratio among Oil & Gas companies is 0.45, based on 976 companies in the industry. Companies in the top quartile (top 25%) have a Cash Ratio significantly above this median, while those in the bottom quartile fall well below. However, Cash Ratio should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Nordic American Tankers's current Cash Ratio of 1.25 is 177.8% above the industry median. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Cash Ratio mean?
A high Cash Ratio can signal that a stock is expensive relative to its fundamentals. Cashflow ratio is the ratio of Cash, Cash Equivalents, Marketable Securities to current liabilities. View historical data on Nordic American Tankers and its competitors. For the Oil & Gas industry, the median Cash Ratio is 0.45 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Nordic American Tankers's current Cash Ratio is 1.25, which is 34% above median its own 10-year median of 0.93. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Nordic American Tankers stock overvalued right now?
Based on GuruFocus' analysis, Nordic American Tankers (NAT) is currently considered Significantly Overvalued. The stock's GF Value™ is $2.81, compared to a current price of $6.93 — trading 146.6% above its estimated fair value. The current Cash Ratio is 1.25, which is 34% above median its 10-year median of 0.93 and 177.8% above the Oil & Gas industry median of 0.45. Nordic American Tankers' overall GF Score™ is 40/100 with 7 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Cash Ratio calculated?
Cash Ratio is calculated from a company's financial statements. For Nordic American Tankers (NAT), the current Cash Ratio is 1.25 as of Mar. 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Is Nordic American Tankers (NAT) Overvalued in 2026?

Based on GuruFocus' analysis, Nordic American Tankers stock appears to be overvalued. The current stock price of $6.93 is trading 146.6% above its estimated GF Value™ of $2.81. GuruFocus considers Nordic American Tankers to be Significantly Overvalued.

Key valuation signals for NAT:

  • Cash Ratio: 1.25 (34% above median its 10-year median of 0.93)
  • GF Value™: $2.81 vs. price of $6.93 (146.6% above fair value)
  • GF Score™: 40/100 with 7 warning signs
  • Industry Position: 177.8% above the Oil & Gas median (#251 of 976)

No single metric tells the full story. See the NAT stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Nordic American Tankers Business Description

Industry EnergyOil & Gas
Other Exchanges 0UC0:UKB30:Germany
Address 14 Par La Ville Street, Par La Ville Place, Hamilton, BMU, HM 12
Nordic American Tankers Ltd owns and operates double-hull crude oil tankers. It is an international tanker company that owns double-hull Suezmax tankers. It operates vessels in the spot market or on spot market-related charters according to cooperative arrangements with third parties. The company's fleet consists of crude oil tankers, and all of its vessels are employed in the spot market. The company has only one type of vessel - Suezmax crude oil tankers. It operates in markets that are very competitive and based mainly on supply and demand.
40GF Score

Get the complete analysis for NAT

Cash Ratio is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

$6.93
Price
$2.81
GF Value