Nordic American Tankers (NAT) Times Interest Earned (2009 - 2026)
Nordic American Tankers (NAT) posted Times Interest Earned of 9.72 for Q2 2026, down 53.07% on a QoQ basis from 6.35 in Q1 2026, and down 1089.76% year-over-year from 0.98 in Q2 2025.
Analysis
Nordic American Tankers (NAT) Times Interest Earned (2009 - 2026) Analysis & Trends
Nordic American Tankers has reported Times Interest Earned for 18 years, with the latest figure at 9.72 in Q2 2026.
- On a quarterly basis, Times Interest Earned fell 1089.76% year-over-year to 9.72 in Q2 2026; TTM through Jun 2026 was 4.47, a 224.11% decrease from a year earlier, with the FY2025 full-year figure at 1.3, up 48.46% from the prior year.
- Times Interest Earned was 9.72 for Q2 2026 at Nordic American Tankers, down from 6.35 in the prior quarter.
- The five-year high for Times Interest Earned was 3.44 in Q1 2022, with the low at 9.72 in Q2 2026.
- Average Times Interest Earned over 5 years is 2.92, with a median of 2.31 recorded in 2022.
- The sharpest annual moves came in 2022 and 2023: Times Interest Earned surged 204.39% in 2022, then sank 1203.07% in 2023.
- Over 5 years, Times Interest Earned stood at 5.43 in 2022, then jumped by 37.16% to 3.41 in 2023, then surged by 63.87% to 1.23 in 2024, then slumped by 83.81% to 2.27 in 2025, then plunged by 328.82% to 9.72 in 2026.
- The last three Times Interest Earned figures came in at 9.72 (Q2 2026), 6.35 (Q1 2026), and 2.27 (Q4 2025), per Business Quant data.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Times Interest Earned (Qtr) |
|---|---|---|---|---|---|
| 1 | Frontline | 10.27 Bn | 9.94 Bn | - | -19.06 |
| 2 | Kirby | 7.43 Bn | 7.39 Bn | 290.80 Mn | 11.15 |
| 3 | Matson | 6.74 Bn | 6.62 Bn | - | 99.31 |
| 4 | International Seaways | 5.17 Bn | 5.17 Bn | 467.16 Mn | 28.53 |
| 5 | Hafnia | 4.59 Bn | 4.31 Bn | 372.91 Mn | -27.49 |
| 6 | Cmb.Tech | 4.47 Bn | 4.31 Bn | 970.62 Mn | -5.52 |
| 7 | Scorpio Tankers | 4.26 Bn | 2.42 Bn | 343.91 Mn | -11.03 |
| 8 | Star Bulk Carriers | 3.68 Bn | 3.11 Bn | 299.80 Mn | 12.46 |
| 9 | Torm | 3.56 Bn | -626.52 Mn | 652.00 Mn | -6.40 |
| 10 | Nordic American Tankers | 1.53 Bn | 1.40 Bn | 53.91 Mn | -9.72 |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | -9.72 |
| Mar 31, 2026 | -6.35 |
| Dec 31, 2025 | -2.27 |
| Sep 30, 2025 | -0.69 |
| Jun 30, 2025 | -0.82 |
| Mar 31, 2025 | -1.47 |
| Dec 31, 2024 | -1.23 |
| Sep 30, 2024 | -2.10 |
| Jun 30, 2024 | -3.72 |
| Mar 31, 2024 | -2.86 |
| Dec 31, 2023 | -3.41 |
| Sep 30, 2023 | -1.91 |
| Jun 30, 2023 | -4.43 |
| Mar 31, 2023 | -6.81 |
| Dec 31, 2022 | -5.43 |
| Sep 30, 2022 | -2.36 |
| Jun 30, 2022 | -0.34 |
| Mar 31, 2022 | 3.44 |
| Dec 31, 2021 | 9.93 |
| Sep 30, 2021 | -5.97 |