Nordic American Tankers NAT
NYSE NAT
$7.24 +0.13 (+1.83%)
At close: Sep 4, 2026 · 4:00 PM EDT

Nordic American Tankers (NAT) Interest Coverage Ratio (2009 - 2026)

Nordic American Tankers (NAT) posted Interest Coverage Ratio of 9.72 for Q2 2026, down 53.07% on a QoQ basis from 6.35 in Q1 2026, and down 1089.76% year-over-year from 0.98 in Q2 2025.

Analysis

Nordic American Tankers (NAT) Interest Coverage Ratio (2009 - 2026) Analysis & Trends

Nordic American Tankers has reported Interest Coverage Ratio for 18 years, with the latest figure at 9.72 in Q2 2026.

  • On a quarterly basis, Interest Coverage Ratio fell 1089.76% year-over-year to 9.72 in Q2 2026; TTM through Jun 2026 was 4.47, a 224.11% decrease from a year earlier, with the FY2025 full-year figure at 1.3, up 48.46% from the prior year.
  • Interest Coverage Ratio was 9.72 for Q2 2026 at Nordic American Tankers, down from 6.35 in the prior quarter.
  • The five-year high for Interest Coverage Ratio was 3.44 in Q1 2022, with the low at 9.72 in Q2 2026.
  • Average Interest Coverage Ratio over 5 years is 2.92, with a median of 2.31 recorded in 2022.
  • The sharpest annual moves came in 2022 and 2023: Interest Coverage Ratio surged 204.39% in 2022, then sank 1203.07% in 2023.
  • Over 5 years, Interest Coverage Ratio stood at 5.43 in 2022, then jumped by 37.16% to 3.41 in 2023, then surged by 63.87% to 1.23 in 2024, then slumped by 83.81% to 2.27 in 2025, then plunged by 328.82% to 9.72 in 2026.
  • The last three Interest Coverage Ratio figures came in at 9.72 (Q2 2026), 6.35 (Q1 2026), and 2.27 (Q4 2025), per Business Quant data.
Peer Set

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Interest Cover (Qtr)
1 Frontline 10.27 Bn 9.94 Bn - -19.06
2 Kirby 7.43 Bn 7.39 Bn 290.80 Mn 11.15
3 Matson 6.74 Bn 6.62 Bn - 99.31
4 International Seaways 5.17 Bn 5.17 Bn 467.16 Mn 28.53
5 Hafnia 4.59 Bn 4.31 Bn 372.91 Mn -27.49
6 Cmb.Tech 4.47 Bn 4.31 Bn 970.62 Mn -5.52
7 Scorpio Tankers 4.26 Bn 2.42 Bn 343.91 Mn -11.03
8 Star Bulk Carriers 3.68 Bn 3.11 Bn 299.80 Mn 12.46
9 Torm 3.56 Bn -626.52 Mn 652.00 Mn -6.40
10 Nordic American Tankers 1.53 Bn 1.40 Bn 53.91 Mn -9.72
Historic Data

Historic Data

Download Data
DateValue
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