Nordic American Tankers (NAT) Beginning Cash Balance (2009 - 2025)

Nordic American Tankers (NAT) recorded quarterly Beginning Cash Balance of $44.4 million in Q1 2025, up 33.04% quarter-over-quarter from $33.4 million in Q1 2024, and up 33.04% on a YoY basis from $33.4 million in Q1 2024.

Nordic American Tankers (NAT) Beginning Cash Balance (2009 - 2025) Analysis & Trends

Nordic American Tankers' Beginning Cash Balance history runs 7 years deep, the most recent figure standing at $44.4 million for Q1 2025.

  • In Q1 2025, Beginning Cash Balance rose 33.04% year-over-year to $44.4 million; the TTM figure through Dec 2025 stood at $44.4 million (up 33.04% YoY), while the FY2025 annual figure was $44.4 million, up 33.04% from the prior year.
  • Beginning Cash Balance was $44.4 million for Q1 2025 at Nordic American Tankers, up from $33.4 million in the prior quarter.
  • In the past five years, Beginning Cash Balance ranged from a high of $63.3 million in Q1 2023 to a low of -$63.2 million in Q4 2023.
  • Historically, Beginning Cash Balance has averaged $4.8 million across 5 years, with a median of $33.4 million in 2024.
  • The sharpest annual moves came in 2021 and 2024: Beginning Cash Balance jumped 100600.87% in 2021, then tumbled 47.3% in 2024.
  • A 5-year view of Beginning Cash Balance shows it stood at -$62.0 million in 2021, then increased by 28.07% to -$44.6 million in 2022, then plunged 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.
  • The last three Beginning Cash Balance figures came in at $44.4 million (Q1 2025), $33.4 million (Q1 2024), and -$63.2 million (Q4 2023), per Business Quant data.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr)
1 Enbridge 88.33 Bn 89.03 Bn 6.70 Bn
2 Enterprise Products Partners 80.83 Bn 79.68 Bn -
3 Kinder Morgan 69.66 Bn 70.75 Bn 3.08 Bn
4 Energy Transfer 65.60 Bn 64.88 Bn 6.62 Bn
5 Scorpio Tankers 59.17 Bn 58.19 Bn -
6 Mplx 57.43 Bn 55.92 Bn 2.54 Bn
7 Targa Resources 56.68 Bn 56.71 Bn 1.70 Bn
8 Oneok 55.34 Bn 55.21 Bn 2.57 Bn
9 Tc Energy 50.79 Bn 51.99 Bn 2.95 Bn
10 Nordic American Tankers 1,174.80 -81.12 Mn -

Historic Data

Download Data
DateValue
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
Mar 31, 2020 61,638.00
Mar 31, 2020 61,638.00