Nordic American Tankers (NAT) Interest Coverage Ratio (2009 - 2026)
Nordic American Tankers (NAT) posted quarterly Interest Coverage Ratio of 6.35 for Q1 2026, down 330.78% year-over-year from 2.75 in Q1 2025, and down 180.15% quarter-over-quarter from 2.27 in Q4 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 2.57 (down 19.18% YoY), while the FY2025 annual figure was 1.3, down 151.54% from the prior year.
- Interest Coverage Ratio for Q1 2026 stood at 6.35, down from 2.27 in the prior quarter.
- The five-year high for Interest Coverage Ratio was 3.44 in Q1 2022, with the low at 1914769.72 in Q3 2023.
- The 5-year median for Interest Coverage Ratio is 2.1 (2024), against an average of 112954.56.
- Peak annual rise in Interest Coverage Ratio reached 1655.33% in 2023, while the deepest fall reached 81281288.26% in 2023.
- Nordic American Tankers' Interest Coverage Ratio stood at 5434.0 in 2022, then soared by 99.94% to 3.41 in 2023, then soared by 63.87% to 1.23 in 2024, then slumped by 83.81% to 2.27 in 2025, then plunged by 180.15% to 6.35 in 2026.
- Business Quant data shows NAT's Interest Coverage Ratio at 6.35 in Q1 2026, 2.27 in Q4 2025, and 0.69 in Q3 2025.
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Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Interest Cover (Qtr) |
|---|---|---|---|---|---|
| 1 | Kinder Morgan | 112.69 Bn | 112.57 Bn | 3.07 Bn | 5.26 |
| 2 | Enbridge | 110.89 Bn | 109.40 Bn | 5.23 Bn | 2.09 |
| 3 | Enterprise Products Partners | 83.45 Bn | 82.54 Bn | - | 2.31 |
| 4 | Energy Transfer | 72.67 Bn | 71.64 Bn | 7.40 Bn | 3.83 |
| 5 | Tc Energy | 65.89 Bn | 58.33 Bn | 1.24 Bn | 0.31 |
| 6 | Oneok | 60.12 Bn | 59.96 Bn | 2.81 Bn | 3.67 |
| 7 | Mplx | 59.97 Bn | 58.94 Bn | 2.73 Bn | 4.28 |
| 8 | Targa Resources | 59.56 Bn | 59.43 Bn | 2.14 Bn | 1.29 |
| 9 | Cheniere Energy | 56.12 Bn | 54.86 Bn | 5.29 Bn | 1.41 |
| 10 | Nordic American Tankers | 1.44 Bn | 1.36 Bn | 48.56 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 | 0.79 |
| Mar 31, 2025 | -1.47 |
| Dec 31, 2024 | -1.23 |
| Sep 30, 2024 | -2.10 |
| Jun 30, 2024 | 0.14 |
| Mar 31, 2024 | -2.86 |
| Dec 31, 2023 | -3.41 |
| Sep 30, 2023 | -1.91 Mn |
| Jun 30, 2023 | 1.34 |
| Mar 31, 2023 | -6.81 |
| Dec 31, 2022 | -5,434.00 |
| Sep 30, 2022 | -2.36 |
| Jun 30, 2022 | 0.08 |
| Mar 31, 2022 | 3.44 |
| Dec 31, 2021 | 9.93 Mn |
| Sep 30, 2021 | 5.97 |
| Jun 30, 2021 | -0.32 |