Nordic American Tankers (NAT) Tax Rate (2013 - 2018)
Nordic American Tankers (NAT) recorded quarterly Tax Rate of 1.27% in Q4 2018, down 2197.68% quarter-over-quarter from 0.06% in Q4 2017, and down 121.0% on a YoY basis from 6.04% 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.
- In Q4 2018, Tax Rate fell 121.0% year-over-year to 1.27%; the TTM figure through Dec 2018 stood at 0.14% (up 14.0% YoY), while the FY2025 annual figure was 0.39%, up 41.0% from the prior year.
- Tax Rate was 1.27% for Q4 2018 at Nordic American Tankers, down from 0.06% in the prior quarter.
- In the past five years, Tax Rate ranged from a high of 8.72% in Q4 2016 to a low of 1.27% in Q4 2018.
- Historically, Tax Rate has averaged 2.46% across 3 years, with a median of 0.06% in 2017.
- The sharpest annual moves came in 2017 and 2018: Tax Rate slumped 877 bps in 2017, then plunged 121 bps in 2018.
- A 3-year view of Tax Rate shows it stood at 8.72% in 2016, then tumbled by 101 bps to 0.06% in 2017, then sank by 2198 bps to 1.27% in 2018.
- The last three Tax Rate figures came in at 1.27% (Q4 2018), 0.06% (Q4 2017), and 8.72% (Q4 2016), per Business Quant data.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Tax Rate (Qtr) |
|---|---|---|---|---|---|
| 1 | Enbridge | 88.15 Bn | 88.85 Bn | 6.70 Bn | 24.82% |
| 2 | Enterprise Products Partners | 81.41 Bn | 80.26 Bn | - | 1.45% |
| 3 | Kinder Morgan | 69.70 Bn | 70.78 Bn | 3.08 Bn | 22.28% |
| 4 | Energy Transfer | 66.51 Bn | 65.79 Bn | 6.62 Bn | 6.40% |
| 5 | Scorpio Tankers | 59.31 Bn | 58.33 Bn | - | - |
| 6 | Mplx | 57.21 Bn | 55.70 Bn | 2.54 Bn | 0.11% |
| 7 | Targa Resources | 56.78 Bn | 56.82 Bn | 1.70 Bn | 20.27% |
| 8 | Oneok | 55.57 Bn | 55.44 Bn | 2.57 Bn | 24.00% |
| 9 | Tc Energy | 50.90 Bn | 52.09 Bn | 2.95 Bn | 10.04% |
| 10 | Nordic American Tankers | 1,170.40 | -81.12 Mn | - | - |
Historic Data
Download Data| Date | Value |
|---|---|
| Dec 31, 2018 | -1.27% |
| Dec 31, 2018 | -1.27% |
| Dec 31, 2017 | -0.06% |
| Dec 31, 2017 | -0.06% |
| Dec 31, 2016 | 8.72% |
| Dec 31, 2016 | 8.72% |
| Dec 31, 2013 | -1.15% |
| Dec 31, 2013 | -1.15% |
| Sep 30, 2013 | 72.13% |
| Sep 30, 2013 | 72.13% |