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| 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% |
| 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% |