Nordic American Tankers (NAT) Tax Rate (2013 - 2018)
Nordic American Tankers (NAT) posted Tax Rate of 1.27% for Q4 2018, up 2197.68% on a QoQ basis from 0.06% in Q4 2017, and up 121.0% year-over-year from 0.57% in Q4 2017.
Analysis
Nordic American Tankers (NAT) Tax Rate (2013 - 2018) Analysis & Trends
Nordic American Tankers has reported Tax Rate for 5 years, with the latest figure at 1.27% in Q4 2018.
- On a quarterly basis, Tax Rate rose 121.0% year-over-year to 1.27% in Q4 2018; TTM through Dec 2018 was 0.47%, a 36.0% decrease from a year earlier, with the FY2025 full-year figure at 0.39%, down 41.0% from the prior year.
- Tax Rate was 1.27% for Q4 2018 at Nordic American Tankers, up from 0.06% in the prior quarter.
- The five-year high for Tax Rate was 1.27% in Q4 2018, with the low at 29.25% in Q1 2014.
- Average Tax Rate over 4 years is 9.16%, with a median of 4.33% recorded in 2016.
- The sharpest annual moves came in 2017 and 2018: Tax Rate surged 877 bps in 2017, then surged 121 bps in 2018.
- Over 4 years, Tax Rate stood at 29.25% in 2014, then surged by 70 bps to 8.72% in 2016, then jumped by 101 bps to 0.06% in 2017, then jumped 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 Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Tax Rate (Qtr) |
|---|---|---|---|---|---|
| 1 | Frontline | 10.27 Bn | 9.94 Bn | - | -0.08% |
| 2 | Kirby | 7.43 Bn | 7.39 Bn | 290.80 Mn | 24.16% |
| 3 | Matson | 6.74 Bn | 6.62 Bn | - | 21.05% |
| 4 | International Seaways | 5.17 Bn | 5.17 Bn | 467.16 Mn | 0.00% |
| 5 | Hafnia | 4.59 Bn | 4.31 Bn | 372.91 Mn | -0.51% |
| 6 | Cmb.Tech | 4.47 Bn | 4.31 Bn | 970.62 Mn | -0.27% |
| 7 | Scorpio Tankers | 4.26 Bn | 2.42 Bn | 343.91 Mn | - |
| 8 | Star Bulk Carriers | 3.68 Bn | 3.11 Bn | 299.80 Mn | - |
| 9 | Torm | 3.56 Bn | -626.52 Mn | 652.00 Mn | -0.24% |
| 10 | Nordic American Tankers | 1.53 Bn | 1.40 Bn | 53.91 Mn | - |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Dec 31, 2018 | 1.27% |
| Dec 31, 2017 | 0.06% |
| Dec 31, 2016 | -8.72% |
| Mar 31, 2014 | -29.25% |
| Dec 31, 2013 | -1.21% |
| Sep 30, 2013 | 0.07% |