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