Nordic American Tankers (NAT) Tax Rate (2013 - 2018)
Nordic American Tankers (NAT) posted quarterly Tax Rate of 1.27% for Q4 2018, down 121.0% year-over-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.
- In Q4 2018, Tax Rate fell 121.0% year-over-year to 1.27%; the TTM figure through Dec 2018 stood at 0.0% (up 19.0% YoY), while the FY2025 annual figure was 0.39%, up 41.0% from the prior year.
- Tax Rate for Q4 2018 stood at 1.27%, down from 0.06% in the prior quarter.
- The five-year high for Tax Rate was 8.72% in Q4 2016, with the low at 1.27% in Q4 2018.
- The 3-year median for Tax Rate is 0.06% (2017), against an average of 2.46%.
- The sharpest annual moves came in 2017 and 2018: Tax Rate sank 877 bps in 2017, then tumbled 121 bps in 2018.
- Nordic American Tankers' Tax Rate stood at 8.72% in 2016, then slumped by 101 bps to 0.06% in 2017, then plunged by 2198 bps to 1.27% in 2018.
- Business Quant data shows NAT's Tax Rate at 1.27% in Q4 2018, 0.06% in Q4 2017, and 8.72% in Q4 2016.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Tax Rate (Qtr) |
|---|---|---|---|---|---|
| 1 | Kinder Morgan | 112.69 Bn | 112.57 Bn | 3.07 Bn | 23.33% |
| 2 | Enbridge | 110.89 Bn | 109.40 Bn | 5.23 Bn | 21.97% |
| 3 | Enterprise Products Partners | 83.45 Bn | 82.54 Bn | - | 0.64% |
| 4 | Energy Transfer | 72.67 Bn | 71.64 Bn | 7.40 Bn | 7.12% |
| 5 | Tc Energy | 65.89 Bn | 58.33 Bn | 1.24 Bn | 5.85% |
| 6 | Oneok | 60.12 Bn | 59.96 Bn | 2.81 Bn | 23.62% |
| 7 | Mplx | 59.97 Bn | 58.94 Bn | 2.73 Bn | 0.18% |
| 8 | Targa Resources | 59.56 Bn | 59.43 Bn | 2.14 Bn | 22.61% |
| 9 | Cheniere Energy | 56.12 Bn | 54.86 Bn | 5.29 Bn | 9.13% |
| 10 | Nordic American Tankers | 1.44 Bn | 1.36 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 | -1.85% |
| Dec 31, 2013 | -1.85% |
| Dec 31, 2013 | -1.85% |
| Sep 30, 2013 | 0.06% |
| Sep 30, 2013 | 0.06% |
| Sep 30, 2013 | 0.06% |