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Nordic American TankersNAT +1.61%40 Equity-to-Asset is 0.51 as of Mar. 2026, which is 16% below its 10-year median of 0.61. 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 1,033 Oil & Gas companies, Nordic American Tankers ranks better than 52.76% on this metric.
Nordic American Tankers (NYSE:NAT) Equity-to-Asset Explanation
Equity to Asset ratio can vary greatly across different industries, as they have different capital structure. A company with smaller Equity to Asset ratio (more leveraged) may have higher ROE % because of the leverage.
For banks, the required minimum Equity to Asset ratio by regulation is 5%. Some stronger banks may have Equity to Asset Ratio of more than 10%.
Nordic American Tankers Equity-to-Asset Related Terms
Nordic American Tankers Equity-to-Asset Historical Data
* 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.
For the Oil & Gas Midstream subindustry, Nordic American Tankers's Equity-to-Asset, along with its competitors' market caps and Equity-to-Asset 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 Equity-to-Asset vs Oil & Gas Industry
For the Oil & Gas industry and Energy sector, Nordic American Tankers's Equity-to-Asset distribution charts can be found below:
* The bar in red indicates where Nordic American Tankers's Equity-to-Asset falls into.
Nordic American Tankers Equity-to-Asset Calculation
Equity to Asset ratio measures the ratios of the portion of the asset owned by shareholders out of the total asset. It indicates the leverage of the company, and the amount of debt the company uses in its operation.
Equity to Asset ratio is calculated by dividing total stockholders equity by total asset.
Nordic American Tankers's Equity to Asset Ratio for the fiscal year that ended in Dec. 2025 is calculated as
* 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 (NAT) has a Equity-to-Asset of 0.51 as of Mar. 2026. Equity-to-asset ratio equals total company equity divided by total assets. It measures financial leverage. View historical data on Nordic American Tankers and its competitors. This is 16% below median its historical median of 0.61. Over the past decade, Nordic American Tankers' Equity-to-Asset has ranged from 0.49 to 0.67. According to the industry distribution chart, Nordic American Tankers ranks #488 out of 1033 companies in the Oil & Gas industry, placing it in the top 47.2%.
Is Nordic American Tankers' Equity-to-Asset too high?
Nordic American Tankers' current Equity-to-Asset of 0.51 is 16% below median its 10-year median of 0.61. Over the past 10 years, this metric has ranged from a low of 0.49 to a high of 0.67. The Oil & Gas industry median Equity-to-Asset is 0.49. Nordic American Tankers' value of 0.51 is 4.1% above this industry median. Based on the distribution chart, Nordic American Tankers ranks #488 out of 1033 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' Equity-to-Asset compare to PBT and NVGS?
According to the Oil & Gas industry distribution chart, Nordic American Tankers ranks #488 out of 1033 companies for Equity-to-Asset. This puts Nordic American Tankers in the upper half of its industry. The industry median Equity-to-Asset is 0.49. Nordic American Tankers' value of 0.51 is 4.1% above this benchmark. Historically, Nordic American Tankers' own Equity-to-Asset has ranged from 0.49 to 0.67 over the past decade. While the company's 10-year median is 0.61 vs. the industry median of 0.49, 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 Equity-to-Asset for an Oil & Gas company?
The median Equity-to-Asset among Oil & Gas companies is 0.49, based on 1,033 companies in the industry. Companies in the top quartile (top 25%) have a Equity-to-Asset significantly above this median, while those in the bottom quartile fall well below. However, Equity-to-Asset should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Nordic American Tankers's current Equity-to-Asset of 0.51 is 4.1% 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 Equity-to-Asset mean?
A high Equity-to-Asset can signal that a stock is expensive relative to its fundamentals. Equity-to-asset ratio equals total company equity divided by total assets. It measures financial leverage. View historical data on Nordic American Tankers and its competitors. For the Oil & Gas industry, the median Equity-to-Asset is 0.49 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Nordic American Tankers's current Equity-to-Asset is 0.51, which is 16% below median its own 10-year median of 0.61. 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 Equity-to-Asset is 0.51, which is 16% below median its 10-year median of 0.61 and 4.1% above the Oil & Gas industry median of 0.49. 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 Equity-to-Asset calculated?
Equity-to-Asset is calculated from a company's financial statements. For Nordic American Tankers (NAT), the current Equity-to-Asset is 0.51 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:
Equity-to-Asset: 0.51 (16% below median its 10-year median of 0.61)
GF Value™: $2.81 vs. price of $6.93 (146.6% above fair value)
Industry Position: 4.1% above the Oil & Gas median (#488 of 1033)
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 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.
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