Nordic American Tankers (NAT) Non-Current Debt (2009 - 2026)

Nordic American Tankers' (NAT) quarterly Non-Current Debt came in at $380.0 million in Q1 2026, up 43.75% year-on-year from $264.3 million in Q1 2025, and down 2.25% quarter-over-quarter from $388.7 million in Q4 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.

  • On a quarterly basis, Non-Current Debt rose 43.75% year-over-year to $380.0 million in Q1 2026; TTM through Mar 2026 was $380.0 million, a 43.75% increase from a year earlier, with the FY2025 full-year figure at $388.7 million, up 56.66% from the prior year.
  • Non-Current Debt declined to $380.0 million in Q1 2026 per NAT's latest filing, from $388.7 million in the prior quarter.
  • Across five years, Non-Current Debt topped out at $406.9 million in Q2 2025 and bottomed at $161.1 million in Q1 2023.
  • The 5-year median for Non-Current Debt is $265.3 million (2022), against an average of $275.5 million.
  • Across the five-year window, Non-Current Debt dropped 24.67% in 2023 and soared 118.7% in 2025, its largest moves.
  • Year by year, Non-Current Debt 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.
  • Per Business Quant, the three latest NAT Non-Current Debt figures stand at $380.0 million (Q1 2026), $388.7 million (Q4 2025), and $397.6 million (Q3 2025).

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Non-Current Debt (Qtr)
1 DHT Holdings 2,706.13 Bn 2,706.00 Bn 167.16 Mn 5.53 Mn
2 Flex LNG 1,674.16 Bn 1,673.77 Bn 61.79 Mn 1.71 Bn
3 Kinder Morgan 112.74 Bn 113.82 Bn 3.07 Bn 29.81 Bn
4 Enbridge 89.82 Bn 89.03 Bn 6.70 Bn 75.11 Bn
5 Enterprise Products Partners 83.97 Bn 82.82 Bn - 31.20 Bn
6 Tc Energy 72.76 Bn 73.95 Bn 1.36 Bn 32.45 Bn
7 Energy Transfer 70.27 Bn 69.30 Bn 6.62 Bn 69.34 Bn
8 Targa Resources 61.30 Bn 61.34 Bn 1.70 Bn 18.43 Bn
9 Oneok 61.15 Bn 61.02 Bn 8.98 Bn 32.00 Bn
10 Nordic American Tankers 1.36 Bn 1.28 Bn 48.56 Mn 379.99 Mn

Historic Data

Download Data
DateValue
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
Mar 31, 2021 329.06 Mn