Tsakos Energy Navigation Limited (TEN) — Defensive Interval Ratio

Latest as of December 2025: 67 days

Tsakos Energy Navigation Limited (TEN) has a Defensive Interval Ratio of 67 days as of December 2025. Defensive assets of $84.48 Million (cash $-, short-term investments $30.64 Million, receivables $53.85 Million) cover 67 days of daily cash needs of $1.25 Million/day. Check TEN intangible-adjusted equity ratio to evaluate the tangible quality of the company's equity base.

Defensive Interval Ratio

67 days
Days of operational coverage

Defensive Assets

$84.48 Million
Cash + ST Investments + Receivables

Daily Cash Need

$1.25 Million
Current Liabilities ÷ 365

Current Liabilities

$458.04 Million
USD

Tsakos Energy Navigation Limited Defensive Interval Ratio (1996–2025)

This chart shows how Tsakos Energy Navigation Limited's Defensive Interval Ratio has evolved across 30 annual periods from 1996 to 2025. As of December 2025, the ratio stands at 67 days, meaning defensive assets of $84.48 Million can fund 67 days of operations without new revenue. Also explore net asset growth rate of Tsakos Energy Navigation Limited to track the company's year-over-year net asset growth rate.

Annual Defensive Interval Ratio for Tsakos Energy Navigation Limited (1996–2025)

The table below presents the year-by-year Defensive Interval Ratio for Tsakos Energy Navigation Limited from 1996 to 2025, covering 30 annual filings. Each row shows defensive assets, daily cash need, the DIR in days, and the change in days compared to the prior year. For live market cap and the full company financial profile, see market value of Tsakos Energy Navigation Limited.

Year DIR (days) Defensive Assets (USD) Daily Cash Need Cash ST Investments Change (days)
2025 67 days $84.48 Million $1.25 Million/day $- $30.64 Million ▲ +37 days
2024 30 days $33.66 Million $1.12 Million/day $- $0.00 ▼ -29 days
2023 59 days $52.63 Million $885.48K/day $- $646.00K ▼ -327 days
2022 387 days $391.65 Million $1.01 Million/day $304.37 Million $193.00K ▲ +194 days
2021 193 days $175.17 Million $909.85K/day $117.19 Million $7.00K ▼ -5 days
2020 198 days $207.18 Million $1.05 Million/day $160.47 Million $642.00K ▼ -56 days
2019 254 days $246.09 Million $970.41K/day $184.84 Million $798.00K ▼ -121 days
2018 375 days $261.25 Million $696.72K/day $204.76 Million $217.00K ▲ +120 days
2017 255 days $237.05 Million $928.56K/day $189.76 Million $5.71 Million ▲ +37 days
2016 218 days $235.08 Million $1.08 Million/day $187.78 Million $2.32 Million ▲ +173 days
2015 45 days $49.66 Million $1.10 Million/day $- $28.00K ▼ -7 days
2014 52 days $46.67 Million $896.66K/day $- $2.44 Million ▲ +11 days
2013 41 days $25.67 Million $625.40K/day $- $140.00K ▼ -11 days
2012 52 days $36.82 Million $709.33K/day $- $1.66 Million ▲ +10 days
2011 41 days $31.80 Million $766.33K/day $- $2.53 Million ▼ -24 days
2010 66 days $39.17 Million $595.19K/day $- $3.38 Million ▲ +36 days
2009 29 days $21.35 Million $723.92K/day $- $3.33 Million ▼ -57 days
2008 86 days $44.72 Million $519.15K/day $- $7.58 Million ▼ -15 days
2007 101 days $44.06 Million $436.34K/day $- $1.20 Million ▼ -15 days
2006 116 days $32.17 Million $277.89K/day $- $9.40 Million ▼ -16 days
2005 132 days $33.00 Million $250.73K/day $- $10.24 Million ▼ -11 days
2004 143 days $31.94 Million $223.36K/day $- $1.45 Million ▲ +133 days
2003 10 days $25.57 Million $2.45 Million/day $- $- ▼ -1 days
2002 11 days $31.52 Million $2.78 Million/day $- $7.00 Million ▼ -153 days
2001 165 days $395.00 Million $2.40 Million/day $- $- ▼ -55 days
2000 220 days $487.00 Million $2.22 Million/day $- $- ▼ -95 days
1999 314 days $571.00 Million $1.82 Million/day $- $- ▲ +182 days
1998 132 days $864.00 Million $6.54 Million/day $- $- ▼ -46 days
1997 178 days $809.00 Million $4.55 Million/day $- $- ▲ +20 days
1996 157 days $699.00 Million $4.44 Million/day $- $-
DIR = (Cash + Short-term Investments + Net Receivables) / (Daily Cash Expenses)