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| Date | Value |
|---|---|
| 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 |