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 | 2699097000 | 1.52B | 56.36% |
|---|---|---|---|
| 2015 | 2900697000 | 1.48B | 51.22% |
| 2016 | 3277575000 | 1.86B | 56.75% |
| 2017 | 3373636000 | 1.86B | 55.3% |
| 2018 | 3205058000 | 1.69B | 52.99% |
| 2019 | 3154103000 | 1.68B | 53.32% |
| 2020 | 3112275000 | 1.73B | 55.6% |
| 2021 | 2894814000 | 1.60B | 55.38% |
| 2022 | 3308575000 | 1.78B | 53.97% |
| 2023 | 3364090000 | 1.71B | 50.87% |
TNP-PE Balance Sheet (2014 – 2023)
| 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | |
|---|---|---|---|---|---|---|---|---|---|---|
Assets | ||||||||||
Current assets: | ||||||||||
Cash and cash equivalents | 376.69M | 304.36M | 117.19M | 160.47M | 184.83M | 204.76M | 189.76M | 187.77M | 289.67M | 202.10M |
Short term investments | 646K | 193K | 7K | 0 | 798K | 217K | 5.71M | 2.32M | 28K | 2.44M |
Net receivables | 51.98M | 87.08M | 57.97M | 46.05M | 60.45M | 56.27M | 41.57M | 44.98M | 49.63M | 43.94M |
Inventory | 22.51M | 26.21M | 22.91M | 21.81M | 13.03M | 20.38M | 16.29M | 18.75M | 14.41M | 15.94M |
Other current assets | 56.69M | 6.81M | 1.86M | 1.41M | 895K | 1.07M | 38.13M | 1.84M | 83.15M | 13.03M |
Total current assets | 507.88M | 513.11M | 239.66M | 321.47M | 397.01M | 317.50M | 304.39M | 358.31M | 452.22M | 289.79M |
Non-current assets: | ||||||||||
Property, Plant and Equipment | 2.78B | 2.72B | 2.59B | 2.73B | 2.71B | 2.84B | 3.03B | 2.89B | 2.42B | 2.38B |
Goodwill | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Intangible assets | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Long term investments | 28.87M | 23.30M | 24.68M | 27.29M | 13.28M | 1M | 1M | 1M | 1M | 1M |
Other non-current assets | 39.76M | 44.37M | 34.29M | 32.25M | 27.64M | 40.94M | 38.18M | 24.67M | 22.94M | 20.19M |
Total non-current assets | 2.85B | 2.79B | 2.65B | 2.79B | 2.75B | 2.88B | 3.06B | 2.91B | 2.44B | 2.40B |
Total assets | 3.36B | 3.30B | 2.89B | 3.11B | 3.15B | 3.20B | 3.37B | 3.27B | 2.90B | 2.69B |
Liabilities | ||||||||||
| Current liabilities: | ||||||||||
Accounts payable | ||||||||||
Deferred revenue | 31.90M | 26.04M | 9.02M | 12.62M | 12.06M | 6.00M | 13.61M | 8.42M | 12.27M | 9.89M |
Short term debt | 214.07M | 250.81M | 202.68M | 253.40M | 243.04M | 160.58M | 225.88M | 288.13M | 319.56M | 228.49M |
Total current liabilities | 323.20M | 369.68M | 332.09M | 382.04M | 354.2M | 254.30M | 338.92M | 393.28M | 401.91M | 327.28M |
| Non-current liabilities: | ||||||||||
Long term debt | 1.38B | 1.41B | 1.25B | 1.31B | 1.31B | 1.43B | 1.52B | 1.46B | 1.08B | 1.18B |
Deferred tax | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Other non-current liabilities | 524K | 5K | 11.85M | 34.35M | 14.90M | 8.96M | 589K | 1.11M | 3.18M | 4.05M |
Total non-current liabilities | 1.38B | 1.41B | 1.27B | 1.34B | 1.32B | 1.44B | 1.52B | 1.46B | 1.08B | 1.19B |
Total liabilities | 1.71B | 1.78B | 1.60B | 1.73B | 1.68B | 1.69B | 1.86B | 1.86B | 1.48B | 1.52B |
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