Nordic American Tankers (NAT) Total Debt (2009 - 2026)
Nordic American Tankers (NAT) posted Total Debt of $406.6 million for Q2 2026, down 2.13% on a QoQ basis from $415.4 million in Q1 2026, and down 8.08% year-over-year from $442.3 million in Q2 2025.
Analysis
Nordic American Tankers (NAT) Total Debt (2009 - 2026) Analysis & Trends
Nordic American Tankers has reported Total Debt for 18 years, with the latest figure at $406.6 million in Q2 2026.
- On a quarterly basis, Total Debt fell 8.08% year-over-year to $406.6 million in Q2 2026; TTM through Jun 2026 was $406.6 million, a 8.08% decrease from a year earlier, with the FY2025 full-year figure at $424.1 million, up 57.26% from the prior year.
- Total Debt was $406.6 million for Q2 2026 at Nordic American Tankers, down from $415.4 million in the prior quarter.
- The five-year high for Total Debt was $442.3 million in Q2 2025, with the low at $255.2 million in Q3 2023.
- Average Total Debt over 5 years is $335.4 million, with a median of $306.0 million recorded in 2022.
- The sharpest annual moves came in 2023 and 2025: Total Debt slipped 23.3% in 2023, then surged 57.26% in 2025.
- Over 5 years, Total Debt stood at $306.0 million in 2022, then slipped by 1.45% to $301.6 million in 2023, then slipped by 10.57% to $269.7 million in 2024, then soared by 57.26% to $424.1 million in 2025, then dropped by 4.14% to $406.6 million in 2026.
- The last three Total Debt figures came in at $406.6 million (Q2 2026), $415.4 million (Q1 2026), and $424.1 million (Q4 2025), per Business Quant data.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Total Debt (Qtr) |
|---|---|---|---|---|---|
| 1 | Frontline | 10.27 Bn | 9.94 Bn | - | 2.43 Bn |
| 2 | Kirby | 7.43 Bn | 7.39 Bn | 290.80 Mn | 1.04 Bn |
| 3 | Matson | 6.74 Bn | 6.62 Bn | - | 372.10 Mn |
| 4 | International Seaways | 5.17 Bn | 5.17 Bn | 467.16 Mn | 684.83 Mn |
| 5 | Hafnia | 4.59 Bn | 4.31 Bn | 372.91 Mn | 1.24 Bn |
| 6 | Cmb.Tech | 4.47 Bn | 4.31 Bn | 970.62 Mn | - |
| 7 | Scorpio Tankers | 4.26 Bn | 2.42 Bn | 343.91 Mn | 728.88 Mn |
| 8 | Star Bulk Carriers | 3.68 Bn | 3.11 Bn | 299.80 Mn | 1.07 Bn |
| 9 | Torm | 3.56 Bn | -626.52 Mn | 652.00 Mn | 1.08 Bn |
| 10 | Nordic American Tankers | 1.53 Bn | 1.40 Bn | 53.91 Mn | 406.57 Mn |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 406.57 Mn |
| 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 |