Nordic American Tankers (NAT) Tax Rate (2013 - 2018)
Nordic American Tankers' (NAT) quarterly Tax Rate came in at 1.27% in Q4 2018, down 121.0% year-on-year from 6.04% in Q4 2017, and down 2197.68% quarter-over-quarter from 0.06% in Q4 2017.
Nordic American Tankers (NAT) Tax Rate (2013 - 2018) Analysis & Trends
Nordic American Tankers' Tax Rate history runs 4 years deep, the most recent figure standing at 1.27% for Q4 2018.
- On a quarterly basis, Tax Rate fell 121.0% year-over-year to 1.27% in Q4 2018; TTM through Dec 2018 was 0.0%, a 19.0% increase from a year earlier, with the FY2025 full-year figure at 0.39%, up 41.0% from the prior year.
- Tax Rate eased to 1.27% in Q4 2018 per NAT's latest filing, from 0.06% in the prior quarter.
- Across five years, Tax Rate topped out at 8.72% in Q4 2016 and bottomed at 1.27% in Q4 2018.
- The 3-year median for Tax Rate is 0.06% (2017), against an average of 2.46%.
- Across the five-year window, Tax Rate slumped 877 bps in 2017 and plunged 121 bps in 2018, its largest moves.
- Year by year, Tax Rate stood at 8.72% in 2016, then sank by 101 bps to 0.06% in 2017, then tumbled by 2198 bps to 1.27% in 2018.
- Per Business Quant, the three latest NAT Tax Rate figures stand at 1.27% (Q4 2018), 0.06% (Q4 2017), and 8.72% (Q4 2016).
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Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Tax Rate (Qtr) |
|---|---|---|---|---|---|
| 1 | DHT Holdings | 2,706.13 Bn | 2,706.00 Bn | 167.16 Mn | -0.08% |
| 2 | Flex LNG | 1,674.16 Bn | 1,673.77 Bn | 61.79 Mn | -0.12% |
| 3 | Kinder Morgan | 112.74 Bn | 113.82 Bn | 3.07 Bn | 23.33% |
| 4 | Enbridge | 89.82 Bn | 89.03 Bn | 6.70 Bn | 24.82% |
| 5 | Enterprise Products Partners | 83.97 Bn | 82.82 Bn | - | 1.45% |
| 6 | Tc Energy | 72.76 Bn | 73.95 Bn | 1.36 Bn | 10.04% |
| 7 | Energy Transfer | 70.27 Bn | 69.30 Bn | 6.62 Bn | 6.40% |
| 8 | Targa Resources | 61.30 Bn | 61.34 Bn | 1.70 Bn | 20.27% |
| 9 | Oneok | 61.15 Bn | 61.02 Bn | 8.98 Bn | 24.00% |
| 10 | Nordic American Tankers | 1.36 Bn | 1.28 Bn | 48.56 Mn | - |
Historic Data
Download Data| Date | Value |
|---|---|
| Dec 31, 2018 | -1.27% |
| Dec 31, 2018 | -1.27% |
| Dec 31, 2018 | -1.27% |
| Dec 31, 2017 | -0.06% |
| Dec 31, 2017 | -0.06% |
| Dec 31, 2017 | -0.06% |
| Dec 31, 2016 | 8.72% |
| Dec 31, 2016 | 8.72% |
| Dec 31, 2016 | 8.72% |
| Dec 31, 2013 | -1.16% |
| Dec 31, 2013 | -1.16% |
| Dec 31, 2013 | -1.16% |
| Sep 30, 2013 | 0.06% |
| Sep 30, 2013 | 0.06% |
| Sep 30, 2013 | 0.06% |