Tsakos Energy Navigation Ltd (TEN) - Total Assets
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. See shareholders equity of Tsakos Energy Navigation Ltd for net asset value and shareholders' equity analysis.
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.
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. For live market cap, price, and company overview, see Tsakos Energy Navigation Ltd market capitalisation.
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 |
|---|---|---|
|
Cheniere Energy Partners LP
NYSE MKT:CQP
|
USA | $16.83 Billion |
|
Pembina Pipeline Corp
TO:PPL
|
Canada | CA$35.55 Billion |
|
Gibson Energy Inc.
TO:GEI
|
Canada | CA$4.71 Billion |
|
FLEX LNG Ltd
F:0QQA
|
Germany | €2.68 Billion |
|
Summit Midstream Corporation
NYSE:SMC
|
USA | $2.41 Billion |
|
Source Rock Royalties Ltd
V:SRR
|
Canada | CA$24.45 Million |
|
Transportadora de Gas del Norte SA Class C
BA:TGNO4
|
Argentina | AR$1.26 Trillion |
|
Fluxys Belgium
BR:FLUX
|
Belgium | €3.28 Billion |
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 | 0.23 |
| Asset Growth Rate (YoY) | 10.2% |
| Total Assets | $3.71 Billion |
| Market Capitalization | $853.21 Million USD |
Valuation Analysis
Below Book Valuation: The market values Tsakos Energy Navigation Ltd's assets below their book value (0.23x), 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 | -- |
About 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