Tsakos Energy Navigation Ltd
Tsakos Energy Navigation Limited provides seaborne crude oil and petroleum product transportation services worldwide. The company offers marine transportation services for national, major, and other independent oil companies and refiners under long, medium, and short-term charters. It also operates a fleet of double-hull vessels, such as conventional tankers, LNG carriers, and suezmax DP2 shuttle… Read more
Tsakos Energy Navigation Ltd (TEN) - Total Assets
Latest total assets as of September 2025: $3.90 Billion USD
Based on the latest financial reports, Tsakos Energy Navigation Ltd (TEN) holds total assets worth $3.90 Billion USD as of September 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.
Tsakos Energy Navigation Ltd - Total Assets Trend (1996–2024)
This chart illustrates how Tsakos Energy Navigation Ltd’s total assets have evolved over time, based on quarterly financial data. Explore and compare other companies by total assets.
Tsakos Energy Navigation Ltd - Asset Composition Analysis
Current Asset Composition (December 2024)
Tsakos Energy Navigation Ltd's total assets of $3.90 Billion consist of 12.2% current assets and 87.9% non-current assets.
| Asset Category | Amount (USD) | % of Total Assets |
|---|---|---|
| Cash & Equivalents | $0.00 | 9.4% |
| Accounts Receivable | $33.66 Million | 0.9% |
| Inventory | $18.95 Million | 0.5% |
| Property, Plant & Equipment | $0.00 | 0.0% |
| Intangible Assets | $0.00 | 0.0% |
| Goodwill | $0.00 | 0.0% |
Asset Composition Trend (1996–2024)
This chart illustrates how Tsakos Energy Navigation Ltd'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.
Key Asset Composition Facts
- Current vs. Non-Current Assets: Tsakos Energy Navigation Ltd's current assets represent 12.2% of total assets in 2024, a decrease from 25.4% in 1996.
- Cash Position: Cash and equivalents constituted 9.4% of total assets in 2024, up from 0.8% in 1996.
- Tangible vs. Intangible: Intangible assets (including goodwill) make up 0.0% of total assets, unchanged from 0.0% in 1996.
- Asset Diversification: The largest asset category is accounts receivable at 0.9% of total assets.
Tsakos Energy Navigation Ltd Competitors by Total Assets
Key competitors of Tsakos Energy Navigation Ltd based on total assets are shown below.
| Company | Country | Total Assets |
|---|---|---|
|
Senton Energy Co. Ltd. A
SHE:001331
|
China | CN¥1.68 Billion |
|
Shaanxi Provincial Natural Gas Co Ltd
SHE:002267
|
China | CN¥13.96 Billion |
|
Zhuhai Winbase International Chemical Tank Terminal Co Ltd
SHE:002492
|
China | CN¥2.32 Billion |
|
HENGYANG PETROCHEM (5HY.SG)
STU:5HY
|
Germany | €535.36 Million |
|
Shanxi Guoxin Energy Co Ltd A
SHG:600617
|
China | CN¥25.35 Billion |
|
Nanjing Tanker Corp
SHG:601975
|
China | CN¥13.19 Billion |
|
China Merchants Energy Shipping Co Ltd
SHG:601872
|
China | CN¥77.88 Billion |
|
Anhui Province Natural Gas Development Co Ltd
SHG:603689
|
China | CN¥7.57 Billion |
Tsakos Energy Navigation Ltd - Asset Efficiency Metrics
Asset efficiency metrics measure how effectively a company uses its assets to generate revenue and profits. These indicators help investors evaluate management's ability to deploy capital efficiently.
Asset Turnover Ratio
Measures how efficiently a company uses its assets to generate sales
Lower asset utilization - Tsakos Energy Navigation Ltd generates 0.22x its asset value in annual revenue.
Return on Assets (ROA)
Measures how efficiently a company uses its assets to generate profits
Moderate ROA - For every $100 in assets, Tsakos Energy Navigation Ltd generates $ 4.75 in net profit.
Tsakos Energy Navigation Ltd - 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 | 1.30 | 1.32 | 1.20 |
| Quick Ratio | 1.25 | 1.27 | 1.16 |
| Cash Ratio | 0.00 | 0.00 | 0.00 |
| Working Capital | $103.17 Million | $ 139.97 Million | $ 64.48 Million |
Tsakos Energy Navigation Ltd - Advanced Valuation Insights
This section examines the relationship between Tsakos Energy Navigation Ltd'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 | 0.46 |
| Latest Market Cap to Assets Ratio | 0.18 |
| Asset Growth Rate (YoY) | 10.2% |
| Total Assets | $3.71 Billion |
| Market Capitalization | $677.53 Million USD |
Valuation Analysis
Below Book Valuation: The market values Tsakos Energy Navigation Ltd's assets below their book value (0.18 x), which may indicate investor concerns about asset quality or future growth.
Rapid Asset Growth: Tsakos Energy Navigation Ltd's assets grew by 10.2% over the past year, indicating significant expansion of the company's resource base.
Annual Total Assets for Tsakos Energy Navigation Ltd (1996–2024)
The table below shows the annual total assets of Tsakos Energy Navigation Ltd from 1996 to 2024.
| Year | Total Assets | Change |
|---|---|---|
| 2024-12-31 | $3.71 Billion | +10.18% |
| 2023-12-31 | $3.36 Billion | +1.68% |
| 2022-12-31 | $3.31 Billion | +14.29% |
| 2021-12-31 | $2.89 Billion | -6.99% |
| 2020-12-31 | $3.11 Billion | -1.33% |
| 2019-12-31 | $3.15 Billion | -1.59% |
| 2018-12-31 | $3.21 Billion | -5.00% |
| 2017-12-31 | $3.37 Billion | +2.93% |
| 2016-12-31 | $3.28 Billion | +12.99% |
| 2015-12-31 | $2.90 Billion | +7.47% |
| 2014-12-31 | $2.70 Billion | +8.66% |
| 2013-12-31 | $2.48 Billion | +1.35% |
| 2012-12-31 | $2.45 Billion | -3.33% |
| 2011-12-31 | $2.54 Billion | -6.18% |
| 2010-12-31 | $2.70 Billion | +5.98% |
| 2009-12-31 | $2.55 Billion | -2.02% |
| 2008-12-31 | $2.60 Billion | +10.14% |
| 2007-12-31 | $2.36 Billion | +19.95% |
| 2006-12-31 | $1.97 Billion | +80.86% |
| 2005-12-31 | $1.09 Billion | +16.00% |
| 2004-12-31 | $938.97 Million | -66.41% |
| 2003-12-31 | $2.79 Billion | +11.62% |
| 2002-12-31 | $2.50 Billion | -6.60% |
| 2001-12-31 | $2.68 Billion | -7.10% |
| 2000-12-31 | $2.89 Billion | -1.94% |
| 1999-12-31 | $2.94 Billion | -66.52% |
| 1998-12-31 | $8.79 Billion | +5.51% |
| 1997-12-31 | $8.33 Billion | +9.82% |
| 1996-12-31 | $7.59 Billion | -- |