Nordic American Tankers (NAT) Non Operating Interest Expenses (2009 - 2026)
Nordic American Tankers (NAT) posted Non Operating Interest Expenses of -$7.9 million for Q2 2026, up 7.78% on a QoQ basis from -$8.6 million in Q1 2026, and up 14.19% year-over-year from -$6.9 million in Q2 2025.
Analysis
Nordic American Tankers (NAT) Non Operating Interest Expenses (2009 - 2026) Analysis & Trends
Nordic American Tankers has reported Non Operating Interest Expenses for 18 years, with the latest figure at -$7.9 million in Q2 2026.
- On a quarterly basis, Non Operating Interest Expenses rose 14.19% year-over-year to -$7.9 million in Q2 2026; TTM through Jun 2026 was -$35.7 million, a 13.55% decrease from a year earlier, with the FY2025 full-year figure at -$35.8 million, down 16.31% from the prior year.
- Non Operating Interest Expenses was -$7.9 million for Q2 2026 at Nordic American Tankers, up from -$8.6 million in the prior quarter.
- The five-year high for Non Operating Interest Expenses was -$5.6 million in Q2 2022, with the low at -$9.8 million in Q3 2025.
- Average Non Operating Interest Expenses over 5 years is -$7.8 million, with a median of -$7.8 million recorded in 2024.
- The largest YoY upside for Non Operating Interest Expenses was 15.2% in 2022 against a maximum downside of 213.77% in 2022.
- Over 5 years, Non Operating Interest Expenses stood at -$8.0 million in 2022, then advanced by 10.46% to -$7.2 million in 2023, then advanced by 1.49% to -$7.1 million in 2024, then plunged by 31.49% to -$9.3 million in 2025, then grew by 15.05% to -$7.9 million in 2026.
- The last three Non Operating Interest Expenses figures came in at -$7.9 million (Q2 2026), -$8.6 million (Q1 2026), and -$9.3 million (Q4 2025), per Business Quant data.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Non Operating Interest Expenses (Qtr) |
|---|---|---|---|---|---|
| 1 | Frontline | 10.27 Bn | 9.94 Bn | - | -35.23 Mn |
| 2 | Kirby | 7.43 Bn | 7.39 Bn | 290.80 Mn | 10.98 Mn |
| 3 | Matson | 6.74 Bn | 6.62 Bn | - | 1.60 Mn |
| 4 | International Seaways | 5.17 Bn | 5.17 Bn | 467.16 Mn | 10.56 Mn |
| 5 | Hafnia | 4.59 Bn | 4.31 Bn | 372.91 Mn | -10.19 Mn |
| 6 | Cmb.Tech | 4.47 Bn | 4.31 Bn | 970.62 Mn | -157.87 Mn |
| 7 | Scorpio Tankers | 4.26 Bn | 2.42 Bn | 343.91 Mn | -36.10 Mn |
| 8 | Star Bulk Carriers | 3.68 Bn | 3.11 Bn | 299.80 Mn | -12.45 Mn |
| 9 | Torm | 3.56 Bn | -626.52 Mn | 652.00 Mn | -18.30 Mn |
| 10 | Nordic American Tankers | 1.53 Bn | 1.40 Bn | 53.91 Mn | -7.93 Mn |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | -7.93 Mn |
| Mar 31, 2026 | -8.60 Mn |
| Dec 31, 2025 | -9.33 Mn |
| Sep 30, 2025 | -9.82 Mn |
| Jun 30, 2025 | -9.24 Mn |
| Mar 31, 2025 | -7.36 Mn |
| Dec 31, 2024 | -7.10 Mn |
| Sep 30, 2024 | -7.73 Mn |
| Jun 30, 2024 | -7.87 Mn |
| Mar 31, 2024 | -8.05 Mn |
| Dec 31, 2023 | -7.20 Mn |
| Sep 30, 2023 | -7.56 Mn |
| Jun 30, 2023 | -7.70 Mn |
| Mar 31, 2023 | -8.03 Mn |
| Dec 31, 2022 | -8.05 Mn |
| Sep 30, 2022 | -7.28 Mn |
| Jun 30, 2022 | -5.63 Mn |
| Mar 31, 2022 | -6.08 Mn |
| Dec 31, 2021 | -6.66 Mn |
| Sep 30, 2021 | 6.40 Mn |