Tsakos Energy Navigation Stock Z Score
TEN Stock  USD 23.19 0.27 1.15% 
Tsakos  Z Score 
Tsakos Energy Navigation Company Z Score Analysis
Tsakos Energy's ZScore is a simple linear, multifactor model that measures the financial health and economic stability of a company. The score is used to predict the probability of a firm going into bankruptcy within next 24 months or two fiscal years from the day stated on the accounting statements used to calculate it. The model uses five fundamental business ratios that are weighted according to algorithm of Professor Edward Altman who developed it in the late 1960s at New York University..
 
 
 
 

Tsakos Z Score Driver Correlations
Understanding the fundamental principles of building solid financial models for Tsakos Energy is extremely important. It helps to project a fair market value of Tsakos Stock properly, considering its historical fundamentals such as Z Score. Since Tsakos Energy's main accounts across its financial reports are all linked and dependent on each other, it is essential to analyze all possible correlations between related accounts. However, instead of reviewing all of Tsakos Energy's historical financial statements, investors can examine the correlated drivers to determine its overall health. This can be effectively done using a conventional correlation matrix of Tsakos Energy's interrelated accounts and indicators.
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To calculate a ZScore, one would need to know a company's current working capital, its total assets and liabilities, and the amount of its latest earnings as well as earnings before interest and tax. ZScores can be used to compare the odds of bankruptcy of companies in a similar line of business or firms operating in the same industry. Companies with ZScores above 3.1 are generally considered to be stable and healthy with a low probability of bankruptcy. Scores that fall between 1.8 and 3.1 lie in a socalled 'grey area,' with scores of less than 1 indicating the highest probability of distress. Z Score is a used widely measure by financial auditors, accountants, money managers, loan processors, wealth advisers, and day traders. In the last 25 years, many financial models that utilize zscores proved it to be successful as a predictor of corporate bankruptcy.
Competition 
Based on the company's disclosures, Tsakos Energy Navigation has a Z Score of 0.0. This is 100.0% lower than that of the Oil, Gas & Consumable Fuels sector and 100.0% lower than that of the Energy industry. The z score for all United States stocks is 100.0% higher than that of the company.
Tsakos Energy Current Valuation Drivers
We derive many important indicators used in calculating different scores of Tsakos Energy from analyzing Tsakos Energy's financial statements. These drivers represent accounts that assess Tsakos Energy's ability to generate profits relative to its revenue, operating costs, and shareholders' equity. Below are some of Tsakos Energy's important valuation drivers and their relationship over time.
2019  2020  2021  2022  2023  2024 (projected)  
Market Cap  387.0M  150.7M  142.3M  473.5M  665.1M  631.8M  
Enterprise Value  5.5B  1.6B  1.5B  1.8B  1.9B  3.7B 
Tsakos Energy ESG Sustainability
Some studies have found that companies with high sustainability scores are getting higher valuations than competitors with lower socialengagement activities. While most ESG disclosures are voluntary and do not directly affect the long term financial condition, Tsakos Energy's sustainability indicators can be used to identify proper investment strategies using environmental, social, and governance scores that are crucial to Tsakos Energy's managers, analysts, and investors.Environmental  Governance  Social 
Tsakos Energy Institutional Holders
Institutional Holdings refers to the ownership stake in Tsakos Energy that is held by large financial organizations, pension funds or endowments. Institutions may purchase large blocks of Tsakos Energy's outstanding shares and can exert considerable influence upon its management. Institutional holders may also work to push the share price higher once they own the stock. Extensive social media coverage, TV shows, articles in highprofile magazines, and presentations at investor conferences help move the stock higher, increasing Tsakos Energy's value.Shares  
Charles Schwab Investment Management Inc  20240630  152.6 K  
Goldman Sachs Group Inc  20240630  105.7 K  
Dorsey Wright  20240630  105.3 K  
Glenorchy Capital Ltd  20240630  104.3 K  
Qube Research & Technologies  20240630  101.7 K  
Commonwealth Equity Services Inc  20240630  96.5 K  
Moors & Cabot Inc  20240331  80.8 K  
Harvey Capital Management Inc  20240630  76.5 K  
Exoduspoint Capital Management, Lp  20240630  74 K  
Arrowstreet Capital Limited Partnership  20240630  581.6 K  
Two Sigma Advisers, Llc  20240630  545.3 K 
Tsakos Fundamentals
Return On Equity  0.11  
Return On Asset  0.0503  
Profit Margin  0.21 %  
Operating Margin  0.30 %  
Current Valuation  2 B  
Shares Outstanding  29.51 M  
Shares Owned By Insiders  26.86 %  
Shares Owned By Institutions  23.99 %  
Number Of Shares Shorted  276.02 K  
Price To Earning  6.78 X  
Price To Book  0.42 X  
Price To Sales  0.82 X  
Revenue  889.57 M  
Gross Profit  427.47 M  
EBITDA  475.6 M  
Net Income  305.08 M  
Cash And Equivalents  859 M  
Cash Per Share  4.66 X  
Total Debt  1.6 B  
Current Ratio  1.18 X  
Book Value Per Share  56.99 X  
Cash Flow From Operations  395.28 M  
Short Ratio  1.48 X  
Earnings Per Share  4.95 X  
Price To Earnings To Growth  2.53 X  
Target Price  35.5  
Beta  0.17  
Market Capitalization  684.23 M  
Total Asset  3.36 B  
Retained Earnings  548.24 M  
Working Capital  186.13 M  
Current Asset  2.31 B  
Current Liabilities  1.79 B  
Annual Yield  0.05 %  
Net Asset  3.36 B 
About Tsakos Energy Fundamental Analysis
The Macroaxis Fundamental Analysis modules help investors analyze Tsakos Energy Navigation's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of Tsakos Energy using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of Tsakos Energy Navigation based on its fundamental data. In general, a quantitative approach, as applied to this company, focuses on analyzing financial statements comparatively, whereas a qaualitative method uses data that is important to a company's growth but cannot be measured and presented in a numerical way.
Please read more on our fundamental analysis page.
Pair Trading with Tsakos Energy
One of the main advantages of trading using pair correlations is that every trade hedges away some risk. Because there are two separate transactions required, even if Tsakos Energy position performs unexpectedly, the other equity can make up some of the losses. Pair trading also minimizes risk from directional movements in the market. For example, if an entire industry or sector drops because of unexpected headlines, the short position in Tsakos Energy will appreciate offsetting losses from the drop in the long position's value.Moving together with Tsakos Stock
Moving against Tsakos Stock
0.85  VNOM  Viper Energy Ut  PairCorr 
0.82  ENB  Enbridge  PairCorr 
0.82  KMI  Kinder Morgan Fiscal Year End 15th of January 2025  PairCorr 
0.8  LNG  Cheniere Energy  PairCorr 
0.8  PBA  Pembina Pipeline Corp  PairCorr 
The ability to find closely correlated positions to Tsakos Energy could be a great tool in your taxloss harvesting strategies, allowing investors a quick way to find a similarenough asset to replace Tsakos Energy when you sell it. If you don't do this, your portfolio allocation will be skewed against your target asset allocation. So, investors can't just sell and buy back Tsakos Energy  that would be a violation of the tax code under the "wash sale" rule, and this is why you need to find a similar enough asset and use the proceeds from selling Tsakos Energy Navigation to buy it.
The correlation of Tsakos Energy is a statistical measure of how it moves in relation to other instruments. This measure is expressed in what is known as the correlation coefficient, which ranges between 1 and +1. A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as Tsakos Energy moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Tsakos Energy Navigation moves in either direction, the perfectly negatively correlated security will move in the opposite direction. If the correlation is 0, the equities are not correlated; they are entirely random. A correlation greater than 0.8 is generally described as strong, whereas a correlation less than 0.5 is generally considered weak.
Correlation analysis and pair trading evaluation for Tsakos Energy can also be used as hedging techniques within a particular sector or industry or even over random equities to generate a better riskadjusted return on your portfolios.Additional Information and Resources on Investing in Tsakos Stock
When determining whether Tsakos Energy Navigation offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Tsakos Energy's financial statements, including income statements, balance sheets, and cash flow statements, to assess its financial health. Key financial ratios are used to gauge profitability, efficiency, and growth potential of Tsakos Energy Navigation Stock. Outlined below are crucial reports that will aid in making a wellinformed decision on Tsakos Energy Navigation Stock:Check out Tsakos Energy Piotroski F Score and Tsakos Energy Valuation analysis. You can also try the Funds Screener module to find activelytraded funds from around the world traded on over 30 global exchanges.
Is Oil & Gas Storage & Transportation space expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Tsakos Energy. If investors know Tsakos will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Tsakos Energy listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth (0.72)  Earnings Share 4.95  Revenue Per Share 28.128  Quarterly Revenue Growth (0.23)  Return On Assets 0.0503 
The market value of Tsakos Energy Navigation is measured differently than its book value, which is the value of Tsakos that is recorded on the company's balance sheet. Investors also form their own opinion of Tsakos Energy's value that differs from its market value or its book value, called intrinsic value, which is Tsakos Energy's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Tsakos Energy's market value can be influenced by many factors that don't directly affect Tsakos Energy's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Tsakos Energy's value and its price as these two are different measures arrived at by different means. Investors typically determine if Tsakos Energy is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Tsakos Energy's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.