Nordic American Tankers (NAT) Interest Expenses (2009 - 2026)
Nordic American Tankers (NAT) posted quarterly Interest Expenses of -$8.6 million for Q1 2026, down 16.82% year-over-year from -$10.3 million in Q1 2025, and up 7.88% quarter-over-quarter from -$9.3 million in Q4 2025.
Nordic American Tankers (NAT) Interest Expenses (2009 - 2026) Analysis & Trends
Nordic American Tankers' Interest Expenses history runs 18 years deep, the most recent figure standing at -$8.6 million for Q1 2026.
- In Q1 2026, Interest Expenses fell 16.82% year-over-year to -$8.6 million; the TTM figure through Mar 2026 stood at -$35.1 million (down 16.13% YoY), while the FY2025 annual figure was -$35.8 million, down 216.31% from the prior year.
- Interest Expenses for Q1 2026 stood at -$8.6 million, up from -$9.3 million in the prior quarter.
- The five-year high for Interest Expenses was $212.6 million in Q2 2024, with the low at -$9.8 million in Q3 2025.
- The 5-year median for Interest Expenses is -$7.2 million (2023), against an average of $11.0 million.
- Peak annual rise in Interest Expenses reached 733.3% in 2024, while the deepest fall reached 102149.87% in 2024.
- Nordic American Tankers' Interest Expenses stood at -$8046.0 in 2022, then tumbled by 89435.17% to -$7.2 million in 2023, then rose by 1.49% to -$7.1 million in 2024, then plunged by 31.49% to -$9.3 million in 2025, then climbed by 7.88% to -$8.6 million in 2026.
- Business Quant data shows NAT's Interest Expenses at -$8.6 million in Q1 2026, -$9.3 million in Q4 2025, and -$9.8 million in Q3 2025.
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Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Interest Expense (Qtr) |
|---|---|---|---|---|---|
| 1 | Kinder Morgan | 112.69 Bn | 112.57 Bn | 3.07 Bn | 256.00 Mn |
| 2 | Enbridge | 111.13 Bn | 109.64 Bn | 5.23 Bn | 1.01 Bn |
| 3 | Enterprise Products Partners | 83.45 Bn | 82.54 Bn | - | 974.00 Mn |
| 4 | Energy Transfer | 72.53 Bn | 71.50 Bn | 7.40 Bn | 934.00 Mn |
| 5 | Tc Energy | 66.12 Bn | 58.56 Bn | 1.24 Bn | 1.23 Bn |
| 6 | Mplx | 60.19 Bn | 59.16 Bn | 2.73 Bn | 322.00 Mn |
| 7 | Oneok | 60.00 Bn | 59.84 Bn | 2.81 Bn | 434.00 Mn |
| 8 | Targa Resources | 59.13 Bn | 59.00 Bn | 2.14 Bn | 959.20 Mn |
| 9 | Cheniere Energy | 56.04 Bn | 54.79 Bn | 5.29 Bn | 3.05 Bn |
| 10 | Nordic American Tankers | 1.44 Bn | 1.36 Bn | 48.56 Mn | -8.60 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2026 | -8.60 Mn |
| Mar 31, 2026 | -8.60 Mn |
| Dec 31, 2025 | -9.33 Mn |
| Dec 31, 2025 | -9.33 Mn |
| Sep 30, 2025 | -9.82 Mn |
| Sep 30, 2025 | -9.82 Mn |
| Jun 30, 2025 | 9.53 Mn |
| Jun 30, 2025 | 9.53 Mn |
| Mar 31, 2025 | -7.36 Mn |
| Mar 31, 2025 | -7.36 Mn |
| Dec 31, 2024 | -7.10 Mn |
| Dec 31, 2024 | -7.10 Mn |
| Sep 30, 2024 | -7.73 Mn |
| Sep 30, 2024 | -7.73 Mn |
| Jun 30, 2024 | 212.62 Mn |
| Jun 30, 2024 | 212.62 Mn |
| Mar 31, 2024 | -8.05 Mn |
| Mar 31, 2024 | -8.05 Mn |
| Dec 31, 2023 | -7.20 Mn |
| Dec 31, 2023 | -7.20 Mn |