Nordic American Tankers (NAT) Payables (2009 - 2026)
Nordic American Tankers (NAT) posted Payables of $3.6 million for Q2 2026, down 36.95% on a QoQ basis from $5.7 million in Q1 2026, and down 33.21% year-over-year from $5.3 million in Q2 2025.
Analysis
Nordic American Tankers (NAT) Payables (2009 - 2026) Analysis & Trends
Nordic American Tankers has reported Payables for 18 years, with the latest figure at $3.6 million in Q2 2026.
- On a quarterly basis, Payables fell 33.21% year-over-year to $3.6 million in Q2 2026; TTM through Jun 2026 was $3.6 million, a 33.21% decrease from a year earlier, with the FY2025 full-year figure at $2.5 million, down 80.14% from the prior year.
- Payables was $3.6 million for Q2 2026 at Nordic American Tankers, down from $5.7 million in the prior quarter.
- The five-year high for Payables was $33.0 million in Q2 2023, with the low at $2.5 million in Q4 2025.
- Average Payables over 5 years is $14.0 million, with a median of $10.9 million recorded in 2022.
- The sharpest annual moves came in 2024 and 2025: Payables soared 776.94% in 2024, then sank 86.8% in 2025.
- Over 5 years, Payables stood at $7.0 million in 2022, then jumped by 129.51% to $16.0 million in 2023, then retreated by 20.33% to $12.7 million in 2024, then plunged by 80.14% to $2.5 million in 2025, then surged by 41.02% to $3.6 million in 2026.
- The last three Payables figures came in at $3.6 million (Q2 2026), $5.7 million (Q1 2026), and $2.5 million (Q4 2025), per Business Quant data.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Payables (Qtr) |
|---|---|---|---|---|---|
| 1 | Frontline | 10.27 Bn | 9.94 Bn | - | - |
| 2 | Kirby | 7.43 Bn | 7.39 Bn | 290.80 Mn | 255.70 Mn |
| 3 | Matson | 6.74 Bn | 6.62 Bn | - | 337.60 Mn |
| 4 | International Seaways | 5.17 Bn | 5.17 Bn | 467.16 Mn | - |
| 5 | Hafnia | 4.59 Bn | 4.31 Bn | 372.91 Mn | 641.55 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 | 38.90 Mn |
| 8 | Star Bulk Carriers | 3.68 Bn | 3.11 Bn | 299.80 Mn | 61.49 Mn |
| 9 | Torm | 3.56 Bn | -626.52 Mn | 652.00 Mn | 81.80 Mn |
| 10 | Nordic American Tankers | 1.53 Bn | 1.40 Bn | 53.91 Mn | 3.57 Mn |
Historic Data
Download Data
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 |