Nordic American Tankers (NAT) Total Debt (2009 - 2026)

Nordic American Tankers' (NAT) quarterly Total Debt came in at $415.4 million in Q1 2026, up 22.01% year-on-year from $340.4 million in Q1 2025, and down 2.06% quarter-over-quarter from $424.1 million in Q4 2025.

Nordic American Tankers (NAT) Total Debt (2009 - 2026) Analysis & Trends

Nordic American Tankers' Total Debt history runs 18 years deep, the most recent figure standing at $415.4 million for Q1 2026.

  • On a quarterly basis, Total Debt rose 22.01% year-over-year to $415.4 million in Q1 2026; TTM through Mar 2026 was $415.4 million, a 22.01% increase from a year earlier, with the FY2025 full-year figure at $424.1 million, up 57.26% from the prior year.
  • Total Debt slipped to $415.4 million in Q1 2026 per NAT's latest filing, from $424.1 million in the prior quarter.
  • Across five years, Total Debt topped out at $442.3 million in Q2 2025 and bottomed at $255.2 million in Q3 2023.
  • The 5-year median for Total Debt is $303.8 million (2022), against an average of $331.0 million.
  • Across the five-year window, Total Debt dropped 23.3% in 2023 and soared 57.26% in 2025, its largest moves.
  • Year by year, Total Debt stood at $306.0 million in 2022, then decreased by 1.45% to $301.6 million in 2023, then decreased by 10.57% to $269.7 million in 2024, then surged by 57.26% to $424.1 million in 2025, then dropped by 2.06% to $415.4 million in 2026.
  • Per Business Quant, the three latest NAT Total Debt figures stand at $415.4 million (Q1 2026), $424.1 million (Q4 2025), and $433.1 million (Q3 2025).

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Total Debt (Qtr)
1 DHT Holdings 2,706.13 Bn 2,706.00 Bn 167.16 Mn 110.18 Mn
2 Flex LNG 1,674.16 Bn 1,673.77 Bn 61.79 Mn 1.82 Bn
3 Kinder Morgan 112.74 Bn 113.82 Bn 3.07 Bn 32.25 Bn
4 Enbridge 89.82 Bn 89.03 Bn 6.70 Bn 78.78 Bn
5 Enterprise Products Partners 83.97 Bn 82.82 Bn - 33.91 Bn
6 Tc Energy 72.76 Bn 73.95 Bn 1.36 Bn 33.55 Bn
7 Energy Transfer 70.27 Bn 69.30 Bn 6.62 Bn 69.36 Bn
8 Targa Resources 61.30 Bn 61.34 Bn 1.70 Bn 19.03 Bn
9 Oneok 61.15 Bn 61.02 Bn 8.98 Bn 33.65 Bn
10 Nordic American Tankers 1.36 Bn 1.28 Bn 48.56 Mn 415.39 Mn

Historic Data

Download Data
DateValue
Mar 31, 2026 415.39 Mn
Dec 31, 2025 424.14 Mn
Sep 30, 2025 433.05 Mn
Jun 30, 2025 442.30 Mn
Mar 31, 2025 340.45 Mn
Dec 31, 2024 269.70 Mn
Sep 30, 2024 277.75 Mn
Jun 30, 2024 285.76 Mn
Mar 31, 2024 293.69 Mn
Dec 31, 2023 301.60 Mn
Sep 30, 2023 255.17 Mn
Jun 30, 2023 278.73 Mn
Mar 31, 2023 284.90 Mn
Dec 31, 2022 306.04 Mn
Sep 30, 2022 332.68 Mn
Jun 30, 2022 354.56 Mn
Dec 31, 2021 320.96 Mn
Sep 30, 2021 340.19 Mn
Jun 30, 2021 345.74 Mn
Mar 31, 2021 351.25 Mn