Tsakos Energy Navigation Limited (TK41) — Tangible Net Worth Ratio
Tsakos Energy Navigation Limited (TK41) has a Tangible Net Worth Ratio of 100.0% as of December 2025. This metric is calculated by deducting intangible assets (€0.00) from net assets (€1.86 Billion) and expressing it as a percentage of total net assets. A higher ratio means that more of the company's equity is backed by tangible, balance-sheet-verifiable assets rather than goodwill, patents, or brand value. Also explore net asset growth rate of Tsakos Energy Navigation Limited to track the company's year-over-year net asset growth rate.
Tangible NW Ratio
Net Assets (Equity)
Intangible Assets
Total Assets
Tsakos Energy Navigation Limited Tangible Net Worth Ratio (2016–2025)
This chart shows how Tsakos Energy Navigation Limited's Tangible Net Worth Ratio has changed across 10 annual periods from 2016 to 2025. As of December 2025, the ratio stands at 100.0%, reflecting net assets of €1.86 Billion with intangible assets of €0.00 EUR. For live market cap and overall valuation, see TK41 stock market capitalisation.
Annual Tangible Net Worth Ratio for Tsakos Energy Navigation Limited (2016–2025)
The table below presents the year-by-year Tangible Net Worth Ratio for Tsakos Energy Navigation Limited from 2016 to 2025, covering 10 annual filings. Each row shows net assets, intangible assets, total assets, the tangible net worth ratio, and the change in percentage points versus the prior year. Explore Tsakos Energy Navigation Limited capex to cash flow ratio to see what proportion of operating cash flow is directed to capital expenditures.
| Year | Tangible NW Ratio | Net Assets (EUR) | Intangible Assets | Total Assets | Change (pp) |
|---|---|---|---|---|---|
| 2025 | 100.0% | €1.86 Billion | €0.00 | €3.95 Billion | ▲ +0.0 pp |
| 2024 | 100.0% | €1.77 Billion | €0.00 | €3.71 Billion | ▲ +0.0 pp |
| 2023 | 100.0% | €1.65 Billion | €0.00 | €3.36 Billion | ▲ +0.0 pp |
| 2022 | 100.0% | €1.52 Billion | €0.00 | €3.31 Billion | ▲ +0.0 pp |
| 2021 | 100.0% | €1.29 Billion | €0.00 | €2.89 Billion | ▲ +0.0 pp |
| 2020 | 100.0% | €1.38 Billion | €0.00 | €3.11 Billion | ▲ +0.0 pp |
| 2019 | 100.0% | €1.47 Billion | €0.00 | €3.15 Billion | ▲ +0.0 pp |
| 2018 | 100.0% | €1.51 Billion | €0.00 | €3.21 Billion | ▲ +0.0 pp |
| 2017 | 100.0% | €1.51 Billion | €0.00 | €3.37 Billion | ▲ +0.0 pp |
| 2016 | 100.0% | €1.42 Billion | €0.00 | €3.28 Billion | — |