Nordic American Tankers (NAT) Non-Current Debt (2009 - 2026)
Nordic American Tankers (NAT) posted Non-Current Debt of $371.2 million for Q2 2026, down 2.32% on a QoQ basis from $380.0 million in Q1 2026, and down 8.78% year-over-year from $406.9 million in Q2 2025.
Analysis
Nordic American Tankers (NAT) Non-Current Debt (2009 - 2026) Analysis & Trends
Nordic American Tankers has reported Non-Current Debt for 18 years, with the latest figure at $371.2 million in Q2 2026.
- On a quarterly basis, Non-Current Debt fell 8.78% year-over-year to $371.2 million in Q2 2026; TTM through Jun 2026 was $371.2 million, a 8.78% decrease from a year earlier, with the FY2025 full-year figure at $388.7 million, up 56.66% from the prior year.
- Non-Current Debt was $371.2 million for Q2 2026 at Nordic American Tankers, down from $380.0 million in the prior quarter.
- The five-year high for Non-Current Debt was $406.9 million in Q2 2025, with the low at $161.1 million in Q1 2023.
- Average Non-Current Debt over 5 years is $281.2 million, with a median of $266.3 million recorded in 2022.
- The sharpest annual moves came in 2023 and 2025: Non-Current Debt slipped 24.67% in 2023, then surged 118.7% in 2025.
- Over 5 years, Non-Current Debt stood at $266.3 million in 2022, then rose by 1.26% to $269.7 million in 2023, then declined by 7.99% to $248.1 million in 2024, then surged by 56.66% to $388.7 million in 2025, then decreased by 4.52% to $371.2 million in 2026.
- The last three Non-Current Debt figures came in at $371.2 million (Q2 2026), $380.0 million (Q1 2026), and $388.7 million (Q4 2025), per Business Quant data.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Non-Current Debt (Qtr) |
|---|---|---|---|---|---|
| 1 | Frontline | 10.27 Bn | 9.94 Bn | - | 2.17 Bn |
| 2 | Kirby | 7.43 Bn | 7.39 Bn | 290.80 Mn | 1.03 Bn |
| 3 | Matson | 6.74 Bn | 6.62 Bn | - | 292.70 Mn |
| 4 | International Seaways | 5.17 Bn | 5.17 Bn | 467.16 Mn | 645.62 Mn |
| 5 | Hafnia | 4.59 Bn | 4.31 Bn | 372.91 Mn | 653.86 Mn |
| 6 | Cmb.Tech | 4.47 Bn | 4.31 Bn | 970.62 Mn | - |
| 7 | Scorpio Tankers | 4.26 Bn | 2.42 Bn | 343.91 Mn | 516.10 Mn |
| 8 | Star Bulk Carriers | 3.68 Bn | 3.11 Bn | 299.80 Mn | 833.53 Mn |
| 9 | Torm | 3.56 Bn | -626.52 Mn | 652.00 Mn | 839.20 Mn |
| 10 | Nordic American Tankers | 1.53 Bn | 1.40 Bn | 53.91 Mn | 371.16 Mn |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 371.16 Mn |
| Mar 31, 2026 | 379.99 Mn |
| Dec 31, 2025 | 388.74 Mn |
| Sep 30, 2025 | 397.65 Mn |
| Jun 30, 2025 | 406.89 Mn |
| Mar 31, 2025 | 264.34 Mn |
| Dec 31, 2024 | 248.14 Mn |
| Sep 30, 2024 | 181.83 Mn |
| Jun 30, 2024 | 187.02 Mn |
| Mar 31, 2024 | 192.15 Mn |
| Dec 31, 2023 | 269.70 Mn |
| Sep 30, 2023 | 229.31 Mn |
| Jun 30, 2023 | 235.78 Mn |
| Mar 31, 2023 | 161.05 Mn |
| Dec 31, 2022 | 266.34 Mn |
| Sep 30, 2022 | 286.65 Mn |
| Jun 30, 2022 | 312.98 Mn |
| Dec 31, 2021 | 283.41 Mn |
| Sep 30, 2021 | 288.40 Mn |
| Jun 30, 2021 | 323.47 Mn |