Nordic American Tankers (NAT) Cash & Equivalents (2009 - 2026)
Nordic American Tankers (NAT) reported Cash & Equivalents of $133.29 million for Q2 2026, up 41.1% from $94.49 million a year earlier and up 64.3% from the prior quarter.
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Analysis
Nordic American Tankers (NAT) Cash & Equivalents (2009 - 2026) Analysis & Trends
At the end of FY2025, Nordic American Tankers posted Cash & Equivalents of $45.86 million, up 17.1% from FY2024.
- Cash & Equivalents has a five-year compound annual growth rate of -5.9% (FY2020 to FY2025).
- By year, Cash & Equivalents came in at $39.18 million in FY2024 (+26.1%), $31.08 million in FY2023 (-47.8%), $59.58 million in FY2022 (+71.5%) and $34.74 million in FY2021 (-44.0%).
- The Q2 2026 figure ranks as the highest quarterly Cash & Equivalents since Q3 2016.
- Year over year, Cash & Equivalents gained in six of the last eight quarters, with growth averaging 43.1%.
- The high point for year-over-year Cash & Equivalents in five years was Q2 2025 (growth of 131.8%); the low point was Q2 2024 (a decline of 60.2%).
- Per Business Quant data, the three quarters before Q2 2026 came in at $81.12 million (Q1 2026), $45.86 million (Q4 2025) and $67.58 million (Q3 2025).
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Cash & Equiv. (Qtr) |
|---|---|---|---|---|---|
| 1 | Union Pacific | 161.79 Bn | 156.31 Bn | - | 1.61 Bn |
| 2 | Csx | 86.21 Bn | 82.43 Bn | - | 1.01 Bn |
| 3 | Canadian Pacific Kansas City | 74.26 Bn | 73.97 Bn | - | 264.59 Mn |
| 4 | United Parcel Service | 70.36 Bn | 47.28 Bn | - | 4.65 Bn |
| 5 | Norfolk Southern | 69.74 Bn | 64.38 Bn | - | 1.07 Bn |
| 6 | Fedex | 67.91 Bn | 33.85 Bn | - | 13.31 Bn |
| 7 | Delta Air Lines | 55.33 Bn | 37.51 Bn | - | 4.67 Bn |
| 8 | Old Dominion Freight Line | 36.95 Bn | 36.21 Bn | - | 283.94 Mn |
| 9 | United Airlines Holdings | 36.28 Bn | -20.09 Bn | - | 10.17 Bn |
| 10 | Nordic American Tankers | 1.73 Bn | 1.40 Bn | - | 133.29 Mn |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 133.29 Mn |
| Mar 31, 2026 | 81.12 Mn |
| Dec 31, 2025 | 45.86 Mn |
| Sep 30, 2025 | 67.58 Mn |
| Jun 30, 2025 | 94.49 Mn |
| Mar 31, 2025 | 103.24 Mn |
| Dec 31, 2024 | 39.18 Mn |
| Sep 30, 2024 | 40.50 Mn |
| Jun 30, 2024 | 40.76 Mn |
| Mar 31, 2024 | 45.94 Mn |
| Dec 31, 2023 | 31.08 Mn |
| Sep 30, 2023 | 69.15 Mn |
| Jun 30, 2023 | 102.41 Mn |
| Mar 31, 2023 | 56.62 Mn |
| Dec 31, 2022 | 59.58 Mn |
| Sep 30, 2022 | 37.15 Mn |
| Jun 30, 2022 | 50.68 Mn |
| Dec 31, 2021 | 34.74 Mn |
| Sep 30, 2021 | 32.03 Mn |
| Jun 30, 2021 | 62.07 Mn |
API Access
Nordic American Tankers Cash & Equivalents API
Pull this series into your own models, spreadsheets and apps with the Business Quant
Historical Metrics API. The request below matches the chart above — change the
frequency, period or values and it follows. Swap YOUR_API_KEY for your own key.
https://data.businessquant.com/historic?slug=cash-and-equivalents&ticker=NAT&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "cash-and-equivalents", "ticker": "NAT", "period": "max", "api_key": "YOUR_API_KEY"}
data = requests.get(url, params=params).json()const res = await fetch("https://data.businessquant.com/historic?slug=cash-and-equivalents&ticker=NAT&period=max&api_key=YOUR_API_KEY");
const data = await res.json();