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Nordic American Tankers (Nordic American Tankers) Tax Rate % : 0.00% (As of Dec. 2023)


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What is Nordic American Tankers Tax Rate %?

Tax Rate % is calculated as Tax Expense divided by its Pre-Tax Income. Nordic American Tankers's Tax Expense for the three months ended in Dec. 2023 was $0.0 Mil. Nordic American Tankers's Pre-Tax Income for the three months ended in Dec. 2023 was $17.5 Mil. Therefore, Nordic American Tankers's Tax Rate % for the quarter that ended in Dec. 2023 was 0.00%.

Nordic American Tankers Tax Rate % Historical Data

The historical data trend for Nordic American Tankers's Tax Rate % can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

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Nordic American Tankers Tax Rate % Chart

Nordic American Tankers Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Tax Rate %
Get a 7-Day Free Trial Premium Member Only Premium Member Only -0.69 0.13 -0.03 0.15 -

Nordic American Tankers Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
Tax Rate % Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only - - - - -

Nordic American Tankers Tax Rate % Calculation

Tax Rate % is the ratio of tax expense divided by pretax income, usually presented in percent.

Nordic American Tankers's Tax Rate % for the fiscal year that ended in Dec. 2023 is calculated as

Tax Rate %=Tax Expense (A: Dec. 2023 )/Pre-Tax Income (A: Dec. 2023 )
=0/98.711
=0.00 %

Nordic American Tankers's Tax Rate % for the quarter that ended in Dec. 2023 is calculated as

Tax Rate %=Tax Expense (Q: Dec. 2023 )/Pre-Tax Income (Q: Dec. 2023 )
=0/17.504
=0.00 %

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

Nordic American Tankers Tax Rate % Related Terms

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Nordic American Tankers (Nordic American Tankers) Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Industrials » Transportation » Nordic American Tankers Ltd (NYSE:NAT) » Definitions » Tax Rate %
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CPLP GNK ASC SB DSX SMHI PANL NMM GRIN CMRE BOM:532921 XTER:HLAG HKSE:01919 OCSE:MAERSK B SHSE:600018 TSE:9101 TPE:2603 PHS:ICT TSE:9104 SHSE:601018
Traded in Other Exchanges
B30:Germany B3O:Germany
Address
26 Victoria Street, Swan Building, Hamilton, BMU, HM 12
Website
https://www.nat.bm
Nordic American Tankers Ltd owns and operates double hull crude oil tankers. It is an international tanker company that owns double-hull Suezmax tankers. It operates vessels in the spot market or on spot market-related charters pursuant to cooperative arrangements with third parties. The company's fleet consists of crude oil tankers, and all of its vessels are employed in the spot market. The company has only one type of vessel - Suezmax crude oil tankers. It operates in markets that are very competitive and based mainly on supply and demand.