Tsakos Energy Navigation Limited
Balance Sheet
Last updated:
The balance sheet is a financial statement presenting the value of assets, liabilities and equity of a company. How has Tsakos Energy Navigation Limited's balance sheet done over the years? Its assets were worth $3,364,090,000 last year, which is more than in the previous period. 51% of Tsakos Energy Navigation Limited’s total assets is currently financed by debt. Its liabilities reached the amount of $1,711,443,000, which means an decrease by -4% compared compared to last year.
Debt to Assets
| 2014 | 4010000000 | 3.47B | 86.58% |
|---|---|---|---|
| 2015 | 3967000000 | 3.49B | 88.03% |
| 2016 | 4342000000 | 3.70B | 85.28% |
| 2017 | 3373636000 | 1.86B | 55.3% |
| 2018 | 13232000000 | 11.31B | 85.52% |
| 2019 | 13226000000 | 11.60B | 87.76% |
| 2020 | 3112275000 | 1.73B | 55.6% |
| 2021 | 2894814000 | 1.60B | 55.38% |
| 2022 | 3308575000 | 1.78B | 53.97% |
| 2023 | 3364090000 | 1.71B | 50.87% |
TEN Balance Sheet (2014 – 2023)
| 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | |
|---|---|---|---|---|---|---|---|---|---|---|
Assets | ||||||||||
Current assets: | ||||||||||
Cash and cash equivalents | 372.03M | 304.36M | 117.19M | 160.47M | 564M | 697M | 202.67M | 347M | 287M | 282M |
Short term investments | 0 | 0 | 0 | 0 | 798K | 0 | 5.71M | 0 | 0 | 0 |
Net receivables | 51.98M | 87.08M | 57.97M | 46.05M | 2.53B | 2.57B | 41.57M | 1.29B | 45.46M | 42.04M |
Inventory | 22.51M | 26.21M | 22.91M | 21.81M | 1.99B | 2.24B | 16.29M | 730M | 682M | 688M |
Other current assets | 62.80M | 22.37M | 22.03M | 19.43M | 634M | 595M | 56.76M | 231M | 102.67M | 29.70M |
Total current assets | 509.33M | 513.11M | 239.66M | 321.47M | 5.73B | 6.10B | 304.39M | 2.60B | 2.31B | 2.42B |
Non-current assets: | ||||||||||
Property, Plant and Equipment | 2.78B | 2.72B | 2.59B | 2.73B | 3.62B | 3.50B | 3.03B | 1.35B | 1.24B | 1.21B |
Goodwill | 0 | 0 | 507M | 508M | 775M | 869M | 49M | 57M | 60M | 65M |
Intangible assets | 0 | 0 | 1.05B | 1.19B | 1.42B | 1.51B | 22M | 19M | 22M | 26M |
Long term investments | 5.06M | 0 | 539M | 581M | 518M | 544M | 15.43M | 383M | 413M | 359M |
Other non-current assets | 62.12M | 67.67M | -2.30B | -2.50B | 542M | 223M | -251.24M | -271M | -300M | -227M |
Total non-current assets | 2.85B | 2.79B | 2.65B | 2.79B | 7.49B | 7.12B | 3.06B | 1.74B | 1.65B | 1.58B |
Total assets | 3.36B | 3.30B | 2.89B | 3.11B | 13.22B | 13.23B | 3.37B | 4.34B | 3.96B | 4.01B |
Liabilities | ||||||||||
| Current liabilities: | ||||||||||
Accounts payable | ||||||||||
Deferred revenue | 31.90M | 26.04M | 9.02M | 12.62M | 145M | 131M | 13.61M | 41M | 37M | 40M |
Short term debt | 214.07M | 251.84M | 203.68M | 254.30M | 281M | 153M | 233.32M | 90M | 323.93M | 234.69M |
Total current liabilities | 323.20M | 369.68M | 332.09M | 382.04M | 4.29B | 4.32B | 338.92M | 1.97B | 1.79B | 1.79B |
| Non-current liabilities: | ||||||||||
Long term debt | 1.38B | 1.41B | 1.26B | 1.31B | 5.37B | 5.34B | 1.52B | 1.29B | 1.12B | 1.19B |
Deferred tax | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Other non-current liabilities | 524K | 5K | 3.19M | 4.24M | 1.34B | 1.30B | 589K | 316M | 574M | 0 |
Total non-current liabilities | 1.38B | 1.41B | 1.27B | 1.34B | 7.30B | 6.99B | 1.52B | 1.73B | 1.69B | 1.67B |
Total liabilities | 1.71B | 1.78B | 1.60B | 1.73B | 11.60B | 11.31B | 1.86B | 3.70B | 3.49B | 3.47B |
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