Tsakos Energy Navigation Limited (TK41) - Total Assets
Based on the latest financial reports, Tsakos Energy Navigation Limited (TK41) holds total assets worth €3.95 Billion EUR (≈ $4.62 Billion USD) as of December 2025. Total assets represent everything the company owns and controls, combining both current assets—like cash and cash equivalents, accounts receivable, and inventories—and non-current assets such as property, plant, equipment (PP&E), intangible assets, and long-term investments. Explore Tsakos Energy Navigation Limited cash debt coverage ratio to assess how comfortably operating cash covers total debt obligations.
Tsakos Energy Navigation Limited - Total Assets Trend (2016–2025)
This chart illustrates how Tsakos Energy Navigation Limited's total assets have evolved over time, based on quarterly financial data. See what is Tsakos Energy Navigation Limited's book value for net asset value and shareholders' equity analysis.
Tsakos Energy Navigation Limited - Asset Composition Analysis
Current Asset Composition (December 2025)
Tsakos Energy Navigation Limited's total assets of €3.95 Billion consist of 11.0% current assets and 89.0% non-current assets.
| Asset Category | Amount (EUR) | % of Total Assets |
|---|---|---|
| Cash & Equivalents | €0.00 | 7.4% |
| Accounts Receivable | €41.08 Million | 1.0% |
| Inventory | €12.59 Million | 0.3% |
| Property, Plant & Equipment | €0.00 | 0.0% |
| Intangible Assets | €0.00 | 0.0% |
| Goodwill | €0.00 | 0.0% |
Asset Composition Trend (2016–2025)
This chart illustrates how Tsakos Energy Navigation Limited's asset composition has evolved over time. Understanding changes in asset allocation can provide insights into the company's strategic shifts, capital allocation priorities, and business focus evolution. For live market cap, price, and company overview, see TK41 market cap.
Key Asset Composition Facts
- Current vs. Non-Current Assets: Tsakos Energy Navigation Limited's current assets represent 11.0% of total assets in 2025, an increase from 10.9% in 2016.
- Cash Position: Cash and equivalents constituted 7.4% of total assets in 2025, up from 5.7% in 2016.
- Tangible vs. Intangible: Intangible assets (including goodwill) make up 0.0% of total assets, unchanged from 0.0% in 2016.
- Asset Diversification: The largest asset category is accounts receivable at 1.0% of total assets.
Tsakos Energy Navigation Limited Competitors by Total Assets
Key competitors of Tsakos Energy Navigation Limited based on total assets are shown below.
| Company | Country | Total Assets |
|---|---|---|
|
Pembina Pipeline Corp
TO:PPL
|
Canada | CA$36.17 Billion |
|
China Merchants Energy Shipping Co Ltd
SHG:601872
|
China | CN¥77.88 Billion |
|
Frontline Ltd
NYSE:FRO
|
USA | $5.75 Billion |
|
Nordic American Tankers Limited
F:B3O
|
Germany | €902.16 Million |
|
Zhuhai Winbase International Chemical Tank Terminal Co Ltd
SHE:002492
|
China | CN¥2.16 Billion |
|
Transportadora de Gas del Norte SA Class C
BA:TGNO4
|
Argentina | AR$1.30 Trillion |
|
Awilco LNG ASA
OL:ALNG
|
Norway | Nkr322.92 Million |
|
CMB.TECH NV
BR:CMBT
|
Belgium | €8.37 Billion |
Tsakos Energy Navigation Limited - Liquidity and Working Capital Analysis
Liquidity ratios measure a company's ability to pay off its short-term debts as they come due, using the company's current or quick assets. Working capital represents the operational liquidity available.
Key Liquidity Metrics
| Metric | Current | 1 Year Ago | 5 Years Ago |
|---|---|---|---|
| Current Ratio | 0.95 | 1.11 | 0.84 |
| Quick Ratio | 0.92 | 1.06 | 0.78 |
| Cash Ratio | 0.00 | 0.00 | 0.00 |
| Working Capital | €-23.41 Million | €43.28 Million | €-60.57 Million |
Tsakos Energy Navigation Limited - Advanced Valuation Insights
This section examines the relationship between Tsakos Energy Navigation Limited's asset base and its market valuation, helping to identify whether the company's assets are efficiently translated into market value.
Key Valuation Metrics
| Current Price-to-Book Ratio | 0.73 |
| Latest Market Cap to Assets Ratio | 0.28 |
| Asset Growth Rate (YoY) | 6.7% |
| Total Assets | €3.95 Billion |
| Market Capitalization | $1.11 Billion USD |
Valuation Analysis
Below Book Valuation: The market values Tsakos Energy Navigation Limited's assets below their book value (0.28x), which may indicate investor concerns about asset quality or future growth.
Positive Asset Growth: Tsakos Energy Navigation Limited's assets grew by 6.7% over the past year, showing continued investment in the company's operational capacity.
Annual Total Assets for Tsakos Energy Navigation Limited (2016–2025)
The table below shows the annual total assets of Tsakos Energy Navigation Limited from 2016 to 2025.
| Year | Total Assets | Change |
|---|---|---|
| 2025-12-31 | €3.95 Billion ≈ $4.62 Billion |
+6.65% |
| 2024-12-31 | €3.71 Billion ≈ $4.33 Billion |
+10.18% |
| 2023-12-31 | €3.36 Billion ≈ $3.93 Billion |
+1.68% |
| 2022-12-31 | €3.31 Billion ≈ $3.87 Billion |
+14.29% |
| 2021-12-31 | €2.89 Billion ≈ $3.38 Billion |
-6.99% |
| 2020-12-31 | €3.11 Billion ≈ $3.64 Billion |
-1.33% |
| 2019-12-31 | €3.15 Billion ≈ $3.69 Billion |
-1.59% |
| 2018-12-31 | €3.21 Billion ≈ $3.75 Billion |
-5.00% |
| 2017-12-31 | €3.37 Billion ≈ $3.94 Billion |
+2.93% |
| 2016-12-31 | €3.28 Billion ≈ $3.83 Billion |
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About Tsakos Energy Navigation Limited
Tsakos Energy Navigation Limited, together with its subsidiaries, provides seaborne crude oil and petroleum product transportation services in Greece and internationally. The company owns and operates various vessels, including VLCC, Suezmax, Aframax, Panamax, Handysize, MR, LNG carrier, and shuttle DP2 tankers. It also provides marine transportation services for national, major, and other indepe… Read more