Tsakos Energy Navigation Limited (TEN) — Tangible Net Worth Ratio

Latest as of March 2026: 100.0%

Tsakos Energy Navigation Limited (TEN) has a Tangible Net Worth Ratio of 100.0% as of March 2026. This metric is calculated by deducting intangible assets ($0.00) from net assets ($1.95 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 Tsakos Energy Navigation Limited net asset momentum to track the company's year-over-year net asset growth rate.

Tangible NW Ratio

100.0%
Tangible equity / total equity

Net Assets (Equity)

$1.95 Billion
USD

Intangible Assets

$0.00
Goodwill, patents, brand value

Total Assets

$4.24 Billion
USD

Tsakos Energy Navigation Limited Tangible Net Worth Ratio (1996–2025)

This chart shows how Tsakos Energy Navigation Limited's Tangible Net Worth Ratio has changed across 29 annual periods from 1996 to 2025. As of March 2026, the ratio stands at 100.0%, reflecting net assets of $1.95 Billion with intangible assets of $0.00 USD. For live market cap and overall valuation, see Tsakos Energy Navigation Limited (TEN) total market value.

Annual Tangible Net Worth Ratio for Tsakos Energy Navigation Limited (1996–2025)

The table below presents the year-by-year Tangible Net Worth Ratio for Tsakos Energy Navigation Limited from 1996 to 2025, covering 29 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 TEN capital expenditure intensity to see what proportion of operating cash flow is directed to capital expenditures.

Year Tangible NW Ratio Net Assets (USD) 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 ▲ +81.7 pp
2021 18.3% $1.29 Billion $1.06 Billion $2.89 Billion ▲ +4.7 pp
2020 13.6% $1.38 Billion $1.19 Billion $3.11 Billion ▲ +10.2 pp
2019 3.4% $1.47 Billion $1.42 Billion $3.15 Billion ▲ +4.2 pp
2018 -0.8% $1.51 Billion $1.52 Billion $3.21 Billion ▼ -99.4 pp
2017 98.5% $1.51 Billion $22.00 Million $3.37 Billion ▼ -1.5 pp
2016 100.0% $1.42 Billion $0.00 $3.28 Billion ▲ +1.6 pp
2015 98.4% $1.42 Billion $22.00 Million $2.90 Billion ▲ +0.7 pp
2014 97.8% $1.18 Billion $26.00 Million $2.70 Billion ▲ +0.8 pp
2013 97.0% $997.66 Million $30.00 Million $2.48 Billion ▲ +0.8 pp
2012 96.2% $926.84 Million $35.00 Million $2.45 Billion ▼ -0.3 pp
2011 96.5% $919.16 Million $32.00 Million $2.54 Billion ▼ -0.3 pp
2010 96.9% $1.02 Billion $32.00 Million $2.70 Billion ▼ -3.1 pp
2009 100.0% $914.33 Million $0.00 $2.55 Billion ▲ +2.8 pp
2008 97.2% $915.12 Million $26.00 Million $2.60 Billion ▲ +0.2 pp
2007 97.0% $857.93 Million $26.00 Million $2.36 Billion ▼ -1.8 pp
2006 98.8% $755.27 Million $9.00 Million $1.97 Billion ▲ +36.7 pp
2005 62.1% $607.19 Million $230.00 Million $1.09 Billion ▲ +4.5 pp
2004 57.7% $519.52 Million $220.00 Million $938.97 Million ▲ +226.8 pp
2003 -169.1% $81.00 Million $218.00 Million $2.79 Billion ▲ +226.4 pp
2001 -395.5% $89.00 Million $441.00 Million $2.68 Billion ▼ -360.9 pp
2000 -34.6% $344.00 Million $463.00 Million $2.89 Billion ▼ -21.6 pp
1999 -13.0% $438.00 Million $495.00 Million $2.94 Billion ▼ -113.0 pp
1998 100.0% $2.92 Billion $0.00 $8.79 Billion ▲ +0.0 pp
1997 100.0% $2.95 Billion $0.00 $8.33 Billion ▲ +0.0 pp
1996 100.0% $2.95 Billion $0.00 $7.59 Billion —
pp = percentage points