Nordic American Tankers (NAT) Tax Rate (2009 - 2018)

Nordic American Tankers (NAT) posted Tax Rate of 1.27% for Q4 2018, down 2197.68% on a QoQ basis from 0.06% in Q4 2017, and down 121.0% year-on-year from 6.04% in Q4 2017.

Nordic American Tankers (NAT) Tax Rate (2009 - 2018) Analysis & Trends

Nordic American Tankers has disclosed Tax Rate across 4 years of filings, most recently posting 1.27% for Q4 2018.

  • Tax Rate for Q4 2018 came in at 1.27%, down 121.0% year-over-year; the trailing twelve-month figure through Dec 2018 was 0.14% (up 14.0% YoY), and the FY2025 annual result was 0.39%, up 41.0% from the prior year.
  • Tax Rate came in at 1.27% for Q4 2018 at Nordic American Tankers, down from 0.06% in the prior quarter.
  • Over the last five years, Tax Rate for NAT reached as high as 8.72% in Q4 2016 and fell as low as 1.27% in Q4 2018.
  • Median Tax Rate over the past 3 years was 0.06% (2017), compared with a mean of 2.46%.
  • Year-over-year, Tax Rate sank 877 bps in 2017 and tumbled 121 bps in 2018.
  • Over 3 years, 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).

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Tax Rate (Qtr)
1 Enbridge 1,308.38 Bn 1,309.08 Bn 6.70 Bn 24.82%
2 Kinder Morgan 112.34 Bn 113.42 Bn 3.08 Bn 22.28%
3 Enterprise Products Partners 79.55 Bn 78.40 Bn - 1.45%
4 Energy Transfer 65.78 Bn 65.07 Bn 6.62 Bn 6.40%
5 Targa Resources 57.60 Bn 57.63 Bn 1.70 Bn 20.27%
6 Mplx 57.17 Bn 55.67 Bn 2.54 Bn 0.11%
7 Oneok 54.83 Bn 54.70 Bn 2.57 Bn 24.00%
8 Cheniere Energy Partners 29.50 Bn 29.22 Bn 838.00 Mn -
9 Venture Global 27.41 Bn 27.36 Bn 4.33 Bn 15.08%
10 Nordic American Tankers - - 48.56 Mn -

Historic Data

Download Data
DateValue
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%
Mar 31, 2014 -29.25%
Mar 31, 2014 -29.25%
Dec 31, 2013 -1.16%
Dec 31, 2013 -1.16%
Sep 30, 2013 0.06%
Sep 30, 2013 0.06%
Sep 30, 2009 269.77%
Sep 30, 2009 269.77%
Jun 30, 2009 -4,437.97%
Jun 30, 2009 -4,437.97%
Mar 31, 2009 -146.46%
Mar 31, 2009 -146.46%