Nordic American Tankers (NAT) Interest Coverage Ratio (2009 - 2026)
Nordic American Tankers' (NAT) Interest Coverage Ratio came in at 9.72 for Q2 2026, compared with 0.82 a year earlier and up 53.1% from the prior quarter.
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Analysis
Nordic American Tankers (NAT) Interest Coverage Ratio (2009 - 2026) Analysis & Trends
For the trailing twelve months through Jun 30, 2026, Interest Coverage Ratio at Nordic American Tankers was 4.47, up 224.1% year-over-year; for FY2025, it came in at 1.30, down 48.5% from FY2024.
- In prior years, Nordic American Tankers' Interest Coverage Ratio was 2.52 in FY2024 (-40.0%), 4.19 in FY2023 (+171.0%), 1.55 in FY2022 and -5.48 in FY2021.
- The Q2 2026 figure stands as the highest quarterly Interest Coverage Ratio since Q1 2016.
- On a year-over-year basis, Interest Coverage Ratio increased in three of the last seven quarters, with growth averaging 23.8%.
- The strongest year-over-year quarter for Interest Coverage Ratio in the past five years was Q1 2026, with growth of 330.8%; the weakest was Q2 2025, with a decline of 78.0%.
- According to Business Quant data, Interest Coverage Ratio for the three prior quarters was 6.35 (Q1 2026), 2.27 (Q4 2025) and 0.69 (Q3 2025).
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Interest Cover (Qtr) |
|---|---|---|---|---|---|
| 1 | Union Pacific | 162.85 Bn | 157.37 Bn | - | 8.83 |
| 2 | Csx | 86.62 Bn | 82.84 Bn | - | 7.14 |
| 3 | Canadian Pacific Kansas City | 76.11 Bn | 75.83 Bn | - | - |
| 4 | United Parcel Service | 70.66 Bn | 47.58 Bn | - | 3.42 |
| 5 | Norfolk Southern | 70.32 Bn | 64.96 Bn | - | 5.71 |
| 6 | Fedex | 68.53 Bn | 34.48 Bn | - | - |
| 7 | Delta Air Lines | 55.25 Bn | 37.43 Bn | - | - |
| 8 | Old Dominion Freight Line | 36.69 Bn | 35.95 Bn | - | 6,122.38 |
| 9 | Ryanair Holdings | 28.78 Bn | 12.78 Bn | 3.13 Bn | 38.62 |
| 10 | Nordic American Tankers | 1.65 Bn | 1.32 Bn | - | 9.72 |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 9.72 |
| 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 | 2.10 |
| Jun 30, 2024 | 3.72 |
| Mar 31, 2024 | 2.86 |
| Dec 31, 2023 | 3.41 |
| Sep 30, 2023 | 1.91 |
| Jun 30, 2023 | 4.43 |
| Mar 31, 2023 | 6.81 |
| Dec 31, 2022 | 5.43 |
| 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 |
API Access
Nordic American Tankers Interest Coverage Ratio 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=interest-coverage-ratio&ticker=NAT&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "interest-coverage-ratio", "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=interest-coverage-ratio&ticker=NAT&period=max&api_key=YOUR_API_KEY");
const data = await res.json();