Nordic American Tankers (NAT) Total Debt (2009 - 2026)
Nordic American Tankers' Total Debt came in at $406.57 million for Q2 2026, down 8.1% from $442.3 million a year earlier and down 2.1% from the prior quarter.
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Analysis
Nordic American Tankers (NAT) Total Debt (2009 - 2026) Analysis & Trends
At the end of FY2025, Nordic American Tankers' Total Debt was $424.14 million, up 57.3% from FY2024.
- Total Debt carries a five-year compound annual growth rate of 3.5% (FY2020 to FY2025).
- Going back by year, Total Debt was $269.7 million in FY2024 (-10.6%), $301.6 million in FY2023 (-1.5%), $306.04 million in FY2022 (-4.6%) and $320.96 million in FY2021 (-10.0%).
- The Q2 2026 figure represents the lowest quarterly Total Debt since Q1 2025.
- Year-over-year, Total Debt increased in six of the last eight quarters, with growth averaging 24.5%.
- The fastest year-over-year change in Total Debt over five years came in Q4 2025 (growth of 57.3%), and the weakest in Q3 2023 (a decline of 23.3%).
- Business Quant data shows NAT's Total Debt at $415.39 million (Q1 2026), $424.14 million (Q4 2025) and $433.05 million (Q3 2025) in the three quarters before Q2 2026.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Total Debt (Qtr) |
|---|---|---|---|---|---|
| 1 | Union Pacific | 162.85 Bn | 157.37 Bn | - | 30.33 Bn |
| 2 | Csx | 86.62 Bn | 82.84 Bn | - | 18.86 Bn |
| 3 | Canadian Pacific Kansas City | 76.11 Bn | 75.83 Bn | - | 18.18 Bn |
| 4 | United Parcel Service | 70.66 Bn | 47.58 Bn | - | 24.48 Bn |
| 5 | Norfolk Southern | 70.32 Bn | 64.96 Bn | - | 16.62 Bn |
| 6 | Fedex | 68.53 Bn | 34.48 Bn | - | 25.71 Bn |
| 7 | Delta Air Lines | 55.25 Bn | 37.43 Bn | - | 15.05 Bn |
| 8 | Old Dominion Freight Line | 36.69 Bn | 35.95 Bn | - | 20.00 Mn |
| 9 | Ryanair Holdings | 28.78 Bn | 12.78 Bn | 3.13 Bn | 67.07 Mn |
| 10 | Nordic American Tankers | 1.65 Bn | 1.32 Bn | - | 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 |
API Access
Nordic American Tankers Total Debt API
Pull this series into your own models, spreadsheets and apps with the Business Quant
Historical Metrics API. The request below matches the chart above — change the
frequency, period or values and it follows. Swap YOUR_API_KEY for your own key.
https://data.businessquant.com/historic?slug=total-debt&ticker=NAT&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "total-debt", "ticker": "NAT", "period": "max", "api_key": "YOUR_API_KEY"}
data = requests.get(url, params=params).json()const res = await fetch("https://data.businessquant.com/historic?slug=total-debt&ticker=NAT&period=max&api_key=YOUR_API_KEY");
const data = await res.json();