Nordic American Tankers (NAT) Beginning Cash Balance (2009 - 2026)

Nordic American Tankers (NAT) posted Beginning Cash Balance of $44.4 million for Q1 2025, up 33.04% on a QoQ basis from $33.4 million in Q1 2024, and up 33.04% year-on-year from $33.4 million in Q1 2024.

Nordic American Tankers (NAT) Beginning Cash Balance (2009 - 2026) Analysis & Trends

Nordic American Tankers has disclosed Beginning Cash Balance across 7 years of filings, most recently posting $44.4 million for Q1 2025.

  • Beginning Cash Balance for Q1 2025 came in at $44.4 million, up 33.04% year-over-year; the trailing twelve-month figure through Dec 2025 was $44.4 million (up 33.04% YoY), and the FY2025 annual result was $44.4 million, up 33.04% from the prior year.
  • Beginning Cash Balance came in at $44.4 million for Q1 2025 at Nordic American Tankers, up from $33.4 million in the prior quarter.
  • Over the last five years, Beginning Cash Balance for NAT reached as high as $63.3 million in Q1 2023 and fell as low as -$63.2 million in Q4 2023.
  • Median Beginning Cash Balance over the past 5 years was $33.4 million (2024), compared with a mean of $4.8 million.
  • Year-over-year, Beginning Cash Balance surged 100600.87% in 2021 and slumped 47.3% in 2024.
  • Over 5 years, Beginning Cash Balance stood at -$62.0 million in 2021, then increased by 28.07% to -$44.6 million in 2022, then slumped by 41.78% to -$63.2 million in 2023, then jumped by 152.75% to $33.4 million in 2024, then soared by 33.04% to $44.4 million in 2025.
  • Per Business Quant, the three latest NAT Beginning Cash Balance figures stand at $44.4 million (Q1 2025), $33.4 million (Q1 2024), and -$63.2 million (Q4 2023).

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr)
1 Enbridge 1,308.38 Bn 1,309.08 Bn 6.70 Bn
2 Kinder Morgan 112.34 Bn 113.42 Bn 3.08 Bn
3 Enterprise Products Partners 79.55 Bn 78.40 Bn -
4 Energy Transfer 65.78 Bn 65.07 Bn 6.62 Bn
5 Targa Resources 57.60 Bn 57.63 Bn 1.70 Bn
6 Mplx 57.17 Bn 55.67 Bn 2.54 Bn
7 Oneok 54.83 Bn 54.70 Bn 2.57 Bn
8 Cheniere Energy Partners 29.50 Bn 29.22 Bn 838.00 Mn
9 Venture Global 27.41 Bn 27.36 Bn 4.33 Bn
10 Nordic American Tankers - - 48.56 Mn

Historic Data

Download Data
DateValue
Mar 31, 2026 45.86 Mn
Mar 31, 2026 45.86 Mn
Mar 31, 2025 44.38 Mn
Mar 31, 2025 44.38 Mn
Mar 31, 2024 33.36 Mn
Mar 31, 2024 33.36 Mn
Dec 31, 2023 -63.24 Mn
Dec 31, 2023 -63.24 Mn
Mar 31, 2023 63.30 Mn
Mar 31, 2023 63.30 Mn
Dec 31, 2022 -44.60 Mn
Dec 31, 2022 -44.60 Mn
Dec 31, 2021 -62.01 Mn
Dec 31, 2021 -62.01 Mn
Mar 31, 2021 62.07 Mn
Mar 31, 2021 62.07 Mn
Dec 31, 2020 -61.58 Mn
Dec 31, 2020 -61.58 Mn
Jun 30, 2020 61.58 Mn
Jun 30, 2020 61.58 Mn