Nordic American Tankers (NAT) Non-Current Debt (2009 - 2026)
Nordic American Tankers (NAT) recorded quarterly Non-Current Debt of $380.0 million in Q1 2026, down 2.25% quarter-over-quarter from $388.7 million in Q4 2025, and up 43.75% on a YoY basis from $264.3 million in Q1 2025.
Nordic American Tankers (NAT) Non-Current Debt (2009 - 2026) Analysis & Trends
Nordic American Tankers' Non-Current Debt history runs 18 years deep, the most recent figure standing at $380.0 million for Q1 2026.
- In Q1 2026, Non-Current Debt rose 43.75% year-over-year to $380.0 million; the TTM figure through Mar 2026 stood at $380.0 million (up 43.75% YoY), while the FY2025 annual figure was $388.7 million, up 56.66% from the prior year.
- Non-Current Debt was $380.0 million for Q1 2026 at Nordic American Tankers, down from $388.7 million in the prior quarter.
- In the past five years, Non-Current Debt ranged from a high of $406.9 million in Q2 2025 to a low of $161.1 million in Q1 2023.
- Historically, Non-Current Debt has averaged $275.5 million across 5 years, with a median of $265.3 million in 2022.
- The sharpest annual moves came in 2023 and 2025: Non-Current Debt decreased 24.67% in 2023, then jumped 118.7% in 2025.
- A 5-year view of Non-Current Debt shows it stood at $266.3 million in 2022, then increased by 1.26% to $269.7 million in 2023, then dropped by 7.99% to $248.1 million in 2024, then jumped by 56.66% to $388.7 million in 2025, then fell by 2.25% to $380.0 million in 2026.
- The last three Non-Current Debt figures came in at $380.0 million (Q1 2026), $388.7 million (Q4 2025), and $397.6 million (Q3 2025), per Business Quant data.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Non-Current Debt (Qtr) |
|---|---|---|---|---|---|
| 1 | Enbridge | 88.33 Bn | 89.03 Bn | 6.70 Bn | 75.11 Bn |
| 2 | Enterprise Products Partners | 80.83 Bn | 79.68 Bn | - | 31.20 Bn |
| 3 | Kinder Morgan | 69.66 Bn | 70.75 Bn | 3.08 Bn | 29.87 Bn |
| 4 | Energy Transfer | 65.60 Bn | 64.88 Bn | 6.62 Bn | 69.32 Bn |
| 5 | Scorpio Tankers | 59.17 Bn | 58.19 Bn | - | 559.94 Mn |
| 6 | Mplx | 57.43 Bn | 55.92 Bn | 2.54 Bn | 24.38 Bn |
| 7 | Targa Resources | 56.68 Bn | 56.71 Bn | 1.70 Bn | 18.43 Bn |
| 8 | Oneok | 55.34 Bn | 55.21 Bn | 2.57 Bn | 30.76 Bn |
| 9 | Tc Energy | 50.79 Bn | 51.99 Bn | 2.95 Bn | 32.45 Bn |
| 10 | Nordic American Tankers | 1,174.80 | -81.12 Mn | - | 379.99 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2026 | 379.99 Mn |
| Mar 31, 2026 | 379.99 Mn |
| Dec 31, 2025 | 388.74 Mn |
| Dec 31, 2025 | 388.74 Mn |
| Sep 30, 2025 | 397.65 Mn |
| Sep 30, 2025 | 397.65 Mn |
| Jun 30, 2025 | 406.89 Mn |
| Jun 30, 2025 | 406.89 Mn |
| Mar 31, 2025 | 264.34 Mn |
| Mar 31, 2025 | 264.34 Mn |
| Dec 31, 2024 | 248.14 Mn |
| Dec 31, 2024 | 248.14 Mn |
| Sep 30, 2024 | 181.83 Mn |
| Sep 30, 2024 | 181.83 Mn |
| Jun 30, 2024 | 187.02 Mn |
| Jun 30, 2024 | 187.02 Mn |
| Mar 31, 2024 | 192.15 Mn |
| Mar 31, 2024 | 192.15 Mn |
| Dec 31, 2023 | 269.70 Mn |
| Dec 31, 2023 | 269.70 Mn |