Nordic American Tankers (NAT) Interest Coverage Ratio (2009 - 2026)
Nordic American Tankers (NAT) recorded quarterly Interest Coverage Ratio of 6.35 in Q1 2026, down 180.15% quarter-over-quarter from 2.27 in Q4 2025, and down 330.78% on a YoY basis from 2.75 in Q1 2025.
Nordic American Tankers (NAT) Interest Coverage Ratio (2009 - 2026) Analysis & Trends
Nordic American Tankers' Interest Coverage Ratio history runs 18 years deep, the most recent figure standing at 6.35 for Q1 2026.
- In Q1 2026, Interest Coverage Ratio fell 330.78% year-over-year to 6.35; the TTM figure through Mar 2026 stood at 2.44 (down 51.36% YoY), while the FY2025 annual figure was 1.3, up 99.95% from the prior year.
- Interest Coverage Ratio was 6.35 for Q1 2026 at Nordic American Tankers, down from 2.27 in the prior quarter.
- In the past five years, Interest Coverage Ratio ranged from a high of 3.44 in Q1 2022 to a low of 1914769.72 in Q3 2023.
- Historically, Interest Coverage Ratio has averaged 112955.12 across 5 years, with a median of 2.36 in 2022.
- The sharpest annual moves came in 2023 and 2024: Interest Coverage Ratio sank 81281288.26% in 2023, then soared 100.0% in 2024.
- A 5-year view of Interest Coverage Ratio shows it stood at 5434.0 in 2022, then jumped by 99.94% to 3.41 in 2023, then jumped by 63.87% to 1.23 in 2024, then tumbled by 83.81% to 2.27 in 2025, then sank by 180.15% to 6.35 in 2026.
- The last three Interest Coverage Ratio figures came in at 6.35 (Q1 2026), 2.27 (Q4 2025), and 0.69 (Q3 2025), per Business Quant data.
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Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Interest Cover (Qtr) |
|---|---|---|---|---|---|
| 1 | Enbridge | 88.33 Bn | 89.03 Bn | 6.70 Bn | 2.64 |
| 2 | Enterprise Products Partners | 80.83 Bn | 79.68 Bn | - | 4.92 |
| 3 | Kinder Morgan | 69.66 Bn | 70.75 Bn | 3.08 Bn | - |
| 4 | Energy Transfer | 65.60 Bn | 64.88 Bn | 6.62 Bn | 3.15 |
| 5 | Scorpio Tankers | 59.17 Bn | 58.19 Bn | - | -17.95 |
| 6 | Mplx | 57.43 Bn | 55.92 Bn | 2.54 Bn | 4.17 |
| 7 | Targa Resources | 56.68 Bn | 56.71 Bn | 1.70 Bn | - |
| 8 | Oneok | 55.34 Bn | 55.21 Bn | 2.57 Bn | 3.25 |
| 9 | Tc Energy | 50.79 Bn | 51.99 Bn | 2.95 Bn | 3.25 |
| 10 | Nordic American Tankers | 1,174.80 | -81.12 Mn | - | -6.35 |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2026 | -6.35 |
| Dec 31, 2025 | -2.27 |
| Sep 30, 2025 | -0.69 |
| Jun 30, 2025 | -0.82 |
| Mar 31, 2025 | -1.47 |
| Dec 31, 2024 | -1.23 |
| Sep 30, 2024 | 0.00 |
| Jun 30, 2024 | -3.72 |
| Mar 31, 2024 | -2.86 |
| Dec 31, 2023 | -3.41 |
| Sep 30, 2023 | -1.91 Mn |
| Jun 30, 2023 | -4.43 |
| Mar 31, 2023 | -6.81 |
| Dec 31, 2022 | -5,434.00 |
| Sep 30, 2022 | -2.36 |
| Jun 30, 2022 | -0.34 |
| Mar 31, 2022 | 3.44 |
| Dec 31, 2021 | 9.93 |
| Sep 30, 2021 | 5.97 Mn |
| Jun 30, 2021 | 6.04 |