Tsakos Energy Navigation Limited (TEN) — Net Asset Quality Index

Latest as of March 2026: 45.9%

Tsakos Energy Navigation Limited (TEN) has a Net Asset Quality Index of 45.9% as of March 2026. This metric measures the proportion of total assets financed by shareholders' equity — total assets of $4.24 Billion minus total liabilities of $2.29 Billion yields net assets of $1.95 Billion. A higher index indicates a stronger, lower-leverage balance sheet. Read how much debt does Tsakos Energy Navigation Limited carry for a breakdown of total debt and financial obligations.

Quality Index

45.9%
Equity / Total Assets

Net Assets

$1.95 Billion
USD

Total Assets

$4.24 Billion
USD

Total Liabilities

$2.29 Billion
USD

Tsakos Energy Navigation Limited Net Asset Quality Index Over Time (1996–2025)

This chart shows how Tsakos Energy Navigation Limited's Net Asset Quality Index has evolved across 30 annual periods from 1996 to 2025. As of March 2026, the index stands at 45.9%, representing net assets of $1.95 Billion against total assets of $4.24 Billion USD. For live market cap and overall valuation, see Tsakos Energy Navigation Limited market capitalisation.

Annual Net Asset Quality Index for Tsakos Energy Navigation Limited (1996–2025)

The table below presents the year-by-year Net Asset Quality Index for Tsakos Energy Navigation Limited from 1996 to 2025, covering 30 annual filings. Each row shows total assets, total liabilities, net assets, the quality index percentage, and the change in percentage points compared to the prior year. Check asset allocation strategy of Tsakos Energy Navigation Limited to assess the company's strategic physical and investment asset allocation.

Year Quality Index Net Assets (USD) Total Assets Total Liabilities Change (pp)
2025 47.1% $1.86 Billion $3.95 Billion $2.09 Billion ▼ -0.6 pp
2024 47.7% $1.77 Billion $3.71 Billion $1.94 Billion ▼ -1.4 pp
2023 49.1% $1.65 Billion $3.36 Billion $1.71 Billion ▲ +3.1 pp
2022 46.0% $1.52 Billion $3.31 Billion $1.79 Billion ▲ +1.4 pp
2021 44.6% $1.29 Billion $2.89 Billion $1.60 Billion ▲ +0.2 pp
2020 44.4% $1.38 Billion $3.11 Billion $1.73 Billion ▼ -2.3 pp
2019 46.7% $1.47 Billion $3.15 Billion $1.68 Billion ▼ -0.3 pp
2018 47.0% $1.51 Billion $3.21 Billion $1.70 Billion ▲ +2.3 pp
2017 44.7% $1.51 Billion $3.37 Billion $1.87 Billion ▲ +1.5 pp
2016 43.2% $1.42 Billion $3.28 Billion $1.86 Billion ▼ -5.5 pp
2015 48.8% $1.42 Billion $2.90 Billion $1.49 Billion ▲ +5.1 pp
2014 43.6% $1.18 Billion $2.70 Billion $1.52 Billion ▲ +3.5 pp
2013 40.2% $997.66 Million $2.48 Billion $1.49 Billion ▲ +2.3 pp
2012 37.8% $926.84 Million $2.45 Billion $1.52 Billion ▲ +1.6 pp
2011 36.3% $919.16 Million $2.54 Billion $1.62 Billion ▼ -1.5 pp
2010 37.7% $1.02 Billion $2.70 Billion $1.68 Billion ▲ +1.9 pp
2009 35.9% $914.33 Million $2.55 Billion $1.64 Billion ▲ +0.7 pp
2008 35.2% $915.12 Million $2.60 Billion $1.69 Billion ▼ -1.1 pp
2007 36.3% $857.93 Million $2.36 Billion $1.50 Billion ▼ -2.0 pp
2006 38.3% $755.27 Million $1.97 Billion $1.21 Billion ▼ -17.4 pp
2005 55.7% $607.19 Million $1.09 Billion $481.99 Million ▲ +0.4 pp
2004 55.3% $519.52 Million $938.97 Million $419.45 Million ▲ +52.4 pp
2003 2.9% $81.00 Million $2.79 Billion $2.71 Billion ▲ +5.9 pp
2002 -3.0% $-75.00 Million $2.50 Billion $2.58 Billion ▼ -6.3 pp
2001 3.3% $89.00 Million $2.68 Billion $2.59 Billion ▼ -8.6 pp
2000 11.9% $344.00 Million $2.89 Billion $2.54 Billion ▼ -3.0 pp
1999 14.9% $438.00 Million $2.94 Billion $2.50 Billion ▼ -18.4 pp
1998 33.3% $2.92 Billion $8.79 Billion $5.87 Billion ▼ -2.2 pp
1997 35.4% $2.95 Billion $8.33 Billion $5.38 Billion ▼ -3.5 pp
1996 38.9% $2.95 Billion $7.59 Billion $4.64 Billion —
pp = percentage points