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| Date | Value |
|---|---|
| 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 |