Tsakos Energy Navigation Limited (TK41) — Defensive Interval Ratio
Tsakos Energy Navigation Limited (TK41) has a Defensive Interval Ratio of 61 days as of December 2025. Defensive assets of €76.71 Million (cash €-, short-term investments €35.63 Million, receivables €41.08 Million) cover 61 days of daily cash needs of €1.25 Million/day.
Defensive Interval Ratio
Defensive Assets
Daily Cash Need
Current Liabilities
Tsakos Energy Navigation Limited Defensive Interval Ratio (2016–2025)
This chart shows how Tsakos Energy Navigation Limited's Defensive Interval Ratio has evolved across 10 annual periods from 2016 to 2025. As of December 2025, the ratio stands at 61 days, meaning defensive assets of €76.71 Million can fund 61 days of operations without new revenue. For the complete balance sheet picture, see Tsakos Energy Navigation Limited total assets.
Annual Defensive Interval Ratio for Tsakos Energy Navigation Limited (2016–2025)
The table below presents the year-by-year Defensive Interval Ratio for Tsakos Energy Navigation Limited from 2016 to 2025, covering 10 annual filings. Each row shows defensive assets, daily cash need, the DIR in days, and the change in days compared to the prior year. See TK41 current assets to equity ratio to evaluate short-term liquidity relative to the company's equity base.
| Year | DIR (days) | Defensive Assets (EUR) | Daily Cash Need | Cash | ST Investments | Change (days) |
|---|---|---|---|---|---|---|
| 2025 | 61 days | €76.71 Million | €1.25 Million/day | €- | €35.63 Million | ▲ +37 days |
| 2024 | 24 days | €26.45 Million | €1.12 Million/day | €- | €0.00 | ▼ -29 days |
| 2023 | 53 days | €46.70 Million | €885.48K/day | €- | €- | ▼ -24 days |
| 2022 | 77 days | €78.20 Million | €1.01 Million/day | €- | €- | ▲ +44 days |
| 2021 | 34 days | €30.62 Million | €909.85K/day | €- | €- | ▲ +10 days |
| 2020 | 24 days | €25.27 Million | €1.05 Million/day | €- | €- | ▼ -39 days |
| 2019 | 63 days | €61.25 Million | €970.41K/day | €- | €798.00K | ▼ -18 days |
| 2018 | 81 days | €56.49 Million | €696.72K/day | €- | €217.00K | ▲ +30 days |
| 2017 | 51 days | €47.29 Million | €928.56K/day | €- | €5.71 Million | ▲ +7 days |
| 2016 | 44 days | €47.30 Million | €1.08 Million/day | €- | €2.32 Million | — |