Tsakos Energy Navigation Limited (TK41) - Cash Flow Conversion Efficiency
Based on the latest financial reports, Tsakos Energy Navigation Limited (TK41) has a cash flow conversion efficiency ratio of 0.046x as of September 2025. Cash flow conversion efficiency measures how effectively a company's net assets (equity) generate operating cash flow. It is calculated by dividing operating cash flow (€85.46 Million ≈ $99.91 Million USD) by net assets (€1.84 Billion ≈ $2.15 Billion USD). A higher ratio indicates that the company is more efficient at using its equity to generate cash flow from its core operations.
Tsakos Energy Navigation Limited - Cash Flow Conversion Efficiency Trend (2016–2024)
This chart illustrates how Tsakos Energy Navigation Limited's cash flow conversion efficiency has evolved over time, based on yearly financial data. Read TK41 liabilities breakdown for a breakdown of total debt and financial obligations.
Tsakos Energy Navigation Limited Competitors by Cash Flow Conversion Efficiency
The table below lists competitors of Tsakos Energy Navigation Limited ranked by their cash flow conversion efficiency.
| Company | Cash Flow Conversion Efficiency |
|---|---|
|
SK Discovery Co Ltd
KO:006120
|
0.030x |
|
Monalisa Group Co Ltd Class A
SHE:002918
|
0.075x |
|
Elior SCA
PA:ELIOR
|
0.110x |
|
AAEON Technology Inc
TW:6579
|
0.007x |
|
Shandong Liancheng Precision Manufacturing Co Ltd Class A
SHE:002921
|
0.005x |
|
Shenzhen Longli Technology Co Ltd Class A
SHE:300752
|
0.019x |
|
Zhuhai Rundu Pharmaceutical Co Ltd Class A
SHE:002923
|
0.036x |
|
Lindian Resources Ltd
AU:LIN
|
-0.046x |
Annual Cash Flow Conversion Efficiency for Tsakos Energy Navigation Limited (2016–2024)
The table below shows the annual cash flow conversion efficiency of Tsakos Energy Navigation Limited from 2016 to 2024. For the full company profile with market capitalisation and key ratios, see how much is Tsakos Energy Navigation Limited worth.
| Year | Net Assets | Operating Cash Flow | Cash Flow Conversion Efficiency | Change |
|---|---|---|---|---|
| 2024-12-31 | €1.77 Billion ≈ $2.07 Billion |
€307.68 Million ≈ $359.71 Million |
0.174x | -27.21% |
| 2023-12-31 | €1.65 Billion ≈ $1.93 Billion |
€395.28 Million ≈ $462.12 Million |
0.239x | +26.24% |
| 2022-12-31 | €1.52 Billion ≈ $1.78 Billion |
€288.53 Million ≈ $337.32 Million |
0.189x | +360.81% |
| 2021-12-31 | €1.29 Billion ≈ $1.51 Billion |
€53.11 Million ≈ $62.09 Million |
0.041x | -72.34% |
| 2020-12-31 | €1.38 Billion ≈ $1.62 Billion |
€205.42 Million ≈ $240.15 Million |
0.149x | +18.73% |
| 2019-12-31 | €1.47 Billion ≈ $1.72 Billion |
€184.35 Million ≈ $215.52 Million |
0.125x | +155.14% |
| 2018-12-31 | €1.51 Billion ≈ $1.76 Billion |
€73.94 Million ≈ $86.45 Million |
0.049x | -56.67% |
| 2017-12-31 | €1.51 Billion ≈ $1.76 Billion |
€170.83 Million ≈ $199.71 Million |
0.113x | -5.75% |
| 2016-12-31 | €1.42 Billion ≈ $1.66 Billion |
€170.35 Million ≈ $199.16 Million |
0.120x | -- |
About Tsakos Energy Navigation Limited
Tsakos Energy Navigation Limited provides seaborne crude oil and petroleum product transportation services worldwide. The company offers marine transportation services for national, major, and other independent oil companies and refiners under long, medium, and short-term charters. It also operates a fleet of double-hull vessels, such as conventional tankers, LNG carriers, and suezmax DP2 shuttle… Read more