Tsakos Energy Navigation Limited Working Capital to Net Assets Ratio
Tsakos Energy Navigation Limited working capital to net assets ratio. Tsakos Energy Navigation Limited (TEN) has a Working Capital to Net Assets ratio of -1.3% as of December 2025. Working capital of $-24.18 Million (current assets of $433.86 Million minus current liabilities of $458.04 Million) is measured against net assets of $1.86 Billion. A higher ratio indicates strong short-term liquidity financed by the equity base. Check Tsakos Energy Navigation Limited (TEN) tangible net worth to evaluate the tangible quality of the company's equity base.
WC/NA Ratio
Working Capital
Current Assets
Current Liabilities
Working Capital to Net Assets Ratio of Tsakos Energy Navigation Limited (1996–2025)
Working capital to net assets ratio of Tsakos Energy Navigation Limited from 1996 to 2025. This chart shows how Tsakos Energy Navigation Limited's Working Capital to Net Assets ratio has evolved across 30 annual periods from 1996 to 2025. As of December 2025, the ratio stands at -1.3%, reflecting working capital of $-24.18 Million against net assets of $1.86 Billion USD. See Tsakos Energy Navigation Limited (TEN) defensive interval to measure how many days the company can operate on defensive assets alone.
Tsakos Energy Navigation Limited Working Capital to Net Assets Ratio by Year (1996–2025)
Tsakos Energy Navigation Limited working capital to net assets ratio by year from 1996 to 2025. The table below presents the year-by-year Working Capital to Net Assets ratio for Tsakos Energy Navigation Limited from 1996 to 2025, covering 30 annual filings. Each row shows current assets, current liabilities, working capital, net assets, the ratio, and the change in percentage points compared to the prior year. For the complete balance sheet picture, see TEN asset base.
| Year | WC/NA Ratio | Working Capital (USD) | Net Assets | Current Assets | Current Liabilities | Change (pp) |
|---|---|---|---|---|---|---|
| 2025 | -1.3% | $-24.18 Million | $1.86 Billion | $433.86 Million | $458.04 Million | ▼ -3.7 pp |
| 2024 | 2.4% | $41.85 Million | $1.77 Billion | $450.37 Million | $408.52 Million | ▼ -8.8 pp |
| 2023 | 11.2% | $184.69 Million | $1.65 Billion | $507.89 Million | $323.20 Million | ▲ +1.8 pp |
| 2022 | 9.4% | $143.43 Million | $1.52 Billion | $513.11 Million | $369.69 Million | ▲ +16.7 pp |
| 2021 | -7.3% | $-94.27 Million | $1.29 Billion | $237.82 Million | $332.10 Million | ▼ -2.8 pp |
| 2020 | -4.5% | $-62.17 Million | $1.38 Billion | $319.87 Million | $382.04 Million | ▼ -7.4 pp |
| 2019 | 2.9% | $42.31 Million | $1.47 Billion | $396.51 Million | $354.20 Million | ▼ -1.3 pp |
| 2018 | 4.2% | $62.58 Million | $1.51 Billion | $316.88 Million | $254.30 Million | ▲ +6.4 pp |
| 2017 | -2.3% | $-34.53 Million | $1.51 Billion | $304.39 Million | $338.92 Million | ▲ +0.2 pp |
| 2016 | -2.5% | $-34.98 Million | $1.42 Billion | $358.31 Million | $393.29 Million | ▼ -6.0 pp |
| 2015 | 3.6% | $50.32 Million | $1.42 Billion | $452.23 Million | $401.91 Million | ▲ +6.7 pp |
| 2014 | -3.2% | $-37.48 Million | $1.18 Billion | $289.80 Million | $327.28 Million | ▼ -3.6 pp |
| 2013 | 0.4% | $4.27 Million | $997.66 Million | $232.54 Million | $228.27 Million | ▲ +4.2 pp |
| 2012 | -3.8% | $-34.88 Million | $926.84 Million | $224.03 Million | $258.91 Million | ▼ -4.6 pp |
| 2011 | 0.9% | $7.92 Million | $919.16 Million | $287.63 Million | $279.71 Million | ▼ -13.9 pp |
| 2010 | 14.7% | $150.21 Million | $1.02 Billion | $367.45 Million | $217.24 Million | ▼ -8.0 pp |
| 2009 | 22.7% | $207.42 Million | $914.33 Million | $471.65 Million | $264.23 Million | ▲ +2.9 pp |
| 2008 | 19.8% | $181.29 Million | $915.12 Million | $370.78 Million | $189.49 Million | ▲ +6.2 pp |
| 2007 | 13.6% | $116.79 Million | $857.93 Million | $276.05 Million | $159.26 Million | ▼ -2.4 pp |
| 2006 | 16.0% | $121.06 Million | $755.27 Million | $222.49 Million | $101.43 Million | ▼ -0.5 pp |
| 2005 | 16.5% | $100.22 Million | $607.19 Million | $191.73 Million | $91.52 Million | ▲ +2.1 pp |
| 2004 | 14.4% | $74.73 Million | $519.52 Million | $156.25 Million | $81.53 Million | ▼ -247.3 pp |
| 2003 | 261.7% | $212.00 Million | $81.00 Million | $1.10 Billion | $893.00 Million | ▲ +195.1 pp |
| 2002 | 66.7% | $-50.00 Million | $-75.00 Million | $966.00 Million | $1.02 Billion | ▼ -6.4 pp |
| 2001 | 73.0% | $65.00 Million | $89.00 Million | $941.00 Million | $876.00 Million | ▼ -14.2 pp |
| 2000 | 87.2% | $300.00 Million | $344.00 Million | $1.11 Billion | $809.00 Million | ▼ -35.6 pp |
| 1999 | 122.8% | $538.00 Million | $438.00 Million | $1.20 Billion | $663.00 Million | ▲ +130.7 pp |
| 1998 | -7.9% | $-230.00 Million | $2.92 Billion | $2.16 Billion | $2.39 Billion | ▼ -23.2 pp |
| 1997 | 15.4% | $454.00 Million | $2.95 Billion | $2.12 Billion | $1.66 Billion | ▲ +5.1 pp |
| 1996 | 10.2% | $302.00 Million | $2.95 Billion | $1.92 Billion | $1.62 Billion | — |