Nordic American Tankers (NAT) Payables (2009 - 2026)
Nordic American Tankers' Payables came in at $3.57 million for Q2 2026, down 33.2% from $5.34 million a year earlier and down 36.9% from the prior quarter.
Nordic American Tankers (NAT) Payables (2009 - 2026) Analysis & Trends
At the end of FY2025, Nordic American Tankers' Payables was $2.53 million, down 80.1% from FY2024.
- Payables carries a five-year compound annual growth rate of -9.2% (FY2020 to FY2025).
- Going back by year, Payables was $12.73 million in FY2024 (-20.3%), $15.97 million in FY2023 (+129.5%), $6.96 million in FY2022 (+6.2%) and $6.55 million in FY2021 (+59.8%).
- The five-year range for quarterly Payables is $2.53 million (Q4 2025) to $33.03 million (Q2 2023).
- Year-over-year, Payables increased in 1 of the last eight quarters, with an average decline of 43.7%.
- The fastest year-over-year change in Payables over five years came in Q1 2024 (growth of 776.9%), and the weakest in Q3 2025 (a decline of 86.8%).
- Business Quant data shows NAT's Payables at $5.65 million (Q1 2026), $2.53 million (Q4 2025) and $4.03 million (Q3 2025) in the three quarters before Q2 2026.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Payables (Qtr) |
|---|---|---|---|---|---|
| 1 | Union Pacific | 172.47 Bn | 164.72 Bn | - | 4.32 Bn |
| 2 | United Parcel Service | 92.24 Bn | 69.07 Bn | - | 6.15 Bn |
| 3 | Csx | 90.81 Bn | 86.03 Bn | - | 1.14 Bn |
| 4 | Canadian Pacific Kansas City | 81.61 Bn | 80.64 Bn | - | 2.21 Bn |
| 5 | Fedex | 72.98 Bn | 39.17 Bn | - | 5.71 Bn |
| 6 | Norfolk Southern | 71.87 Bn | 66.34 Bn | - | 2.06 Bn |
| 7 | Delta Air Lines | 57.23 Bn | 39.41 Bn | - | 7.70 Bn |
| 8 | United Airlines Holdings | 36.65 Bn | -21.05 Bn | - | 5.40 Bn |
| 9 | Old Dominion Freight Line | 34.12 Bn | 32.96 Bn | - | 88.46 Mn |
| 10 | Nordic American Tankers | 1.42 Bn | 1.09 Bn | 53.91 Mn | 3.57 Mn |
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 3.57 Mn |
| Mar 31, 2026 | 5.65 Mn |
| Dec 31, 2025 | 2.53 Mn |
| Sep 30, 2025 | 4.03 Mn |
| Jun 30, 2025 | 5.34 Mn |
| Mar 31, 2025 | 4.08 Mn |
| Dec 31, 2024 | 12.73 Mn |
| Sep 30, 2024 | 30.53 Mn |
| Jun 30, 2024 | 27.67 Mn |
| Mar 31, 2024 | 27.98 Mn |
| Dec 31, 2023 | 15.97 Mn |
| Sep 30, 2023 | 31.13 Mn |
| Jun 30, 2023 | 33.03 Mn |
| Mar 31, 2023 | 3.19 Mn |
| Dec 31, 2022 | 6.96 Mn |
| Sep 30, 2022 | 10.90 Mn |
| Jun 30, 2022 | 11.95 Mn |
| Dec 31, 2021 | 6.55 Mn |
| Sep 30, 2021 | 6.09 Mn |
| Jun 30, 2021 | 3.73 Mn |
Nordic American Tankers Payables API
Pull this series into your own models, spreadsheets and apps with the Business Quant
Historical Metrics API. The request below matches the chart above — change the
frequency, period or values and it follows. Swap YOUR_API_KEY for your own key.
https://data.businessquant.com/historic?slug=payables&ticker=NAT&period=max&api_key=YOUR_API_KEY
import requests
url = "https://data.businessquant.com/historic"
params = {"slug": "payables", "ticker": "NAT", "period": "max", "api_key": "YOUR_API_KEY"}
data = requests.get(url, params=params).json()
const res = await fetch("https://data.businessquant.com/historic?slug=payables&ticker=NAT&period=max&api_key=YOUR_API_KEY");
const data = await res.json();