Tsakos Historical Balance Sheet
TEN Stock  USD 25.37 0.20 0.79% 
Trend analysis of Tsakos Energy Navigation balance sheet accounts such as Cash And Short Term Investments of 194.5 M, Common Stock Shares Outstanding of 31 M, Liabilities And Stockholders Equity of 2.5 B or Total Current Assets of 297.8 M provides information on Tsakos Energy's total assets, liabilities, and equity, which is the actual value of Tsakos Energy Navigation to its prevalent stockholders. By breaking down trends over time using Tsakos Energy balance sheet statements, investors will see what precisely the company owns and what it owes to creditors or other parties at the end of each accounting year.
Financial Statement Analysis is much more than just reviewing and examining Tsakos Energy Navigation latest accounting reports to predict its past. Macroaxis encourages investors to analyze financial statements over time for various trends across multiple indicators and accounts to determine whether Tsakos Energy Navigation is a good buy for the upcoming year.
Tsakos Energy Inventory 

Tsakos 
About Tsakos Balance Sheet Analysis
Balance Sheet is a snapshot of the financial position of Tsakos Energy Navigation at a specified time, usually calculated after every quarter, six months, or one year. Tsakos Energy Balance Sheet has two main parts: assets and liabilities. Liabilities are the debts or obligations of Tsakos Energy and are divided into current liabilities and long term liabilities. An asset, on the other hand, is anything of value that can be converted into cash and which Tsakos currently owns. An asset can also be divided into two categories, current and noncurrent.
Tsakos Energy Balance Sheet Chart
Add Fundamental
Total Assets
Total assets refers to the total amount of Tsakos Energy assets owned. Assets are items that have some economic value and are expended over time to create a benefit for the owner. These assets are usually recorded in Tsakos Energy Navigation books under different categories such as cash, marketable securities, accounts receivable,prepaid expenses, inventory, fixed assets, intangible assets, other assets, marketable securities, accounts receivable, prepaid expenses and others. The total value of all owned resources that are expected to provide future economic benefits to the business, including cash, investments, accounts receivable, inventory, property, plant, equipment, and intangible assets.Total Stockholder Equity
The total equity held by shareholders, calculated as the difference between a company's total assets and total liabilities. It represents the net value of the company owned by shareholders.Cash And Short Term Investments
Short Term Investments is an account in the current assets section of Tsakos Energy Navigation balance sheet. This account contains Tsakos Energy investments that will expire within one year. These investments include stocks and bonds that can be liquidated by Tsakos Energy Navigation fairly quickly. The sum of a company's cash on hand, including bank deposits and shortterm, highly liquid investments that are easily convertible to known amounts of cash.Common Stock Shares Outstanding
The total number of shares of a company's common stock that are currently owned by all its shareholders.Most accounts from Tsakos Energy's balance sheet are interrelated and interconnected. However, analyzing balance sheet accounts one by one will only give a small insight into Tsakos Energy Navigation current financial condition. On the other hand, looking into the entire matrix of balance sheet accounts, and analyzing their relationships over time can provide a more complete picture of the company financial strength now and in the future. Check out World Market Map to better understand how to build diversified portfolios, which includes a position in Tsakos Energy Navigation. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in income. At this time, Tsakos Energy's Accumulated Other Comprehensive Income is very stable compared to the past year. As of the 11th of October 2024, Long Term Investments is likely to grow to about 5.3 M, while Total Assets are likely to drop about 2.5 B.
2021  2022  2023  2024 (projected)  
Total Stockholder Equity  1.2B  1.5B  1.6B  1.0B 
Total Assets  2.9B  3.3B  3.4B  2.5B 
Tsakos Energy balance sheet Correlations
Click cells to compare fundamentals
Tsakos Energy Account Relationship Matchups
High Positive Relationship
High Negative Relationship
Tsakos Energy balance sheet Accounts
2019  2020  2021  2022  2023  2024 (projected)  
Total Assets  3.2B  3.1B  2.9B  3.3B  3.4B  2.5B  
Total Stockholder Equity  1.5B  1.4B  1.2B  1.5B  1.6B  1.0B  
Net Debt  1.4B  1.4B  1.3B  1.4B  1.2B  1.1B  
Cash  184.8M  160.5M  117.2M  304.4M  372.0M  193.6M  
Cash And Short Term Investments  184.8M  160.5M  117.2M  304.4M  372.0M  194.5M  
Common Stock Shares Outstanding  17.8M  18.8M  19.7M  28.2M  29.5M  31.0M  
Liabilities And Stockholders Equity  3.2B  3.1B  2.9B  3.3B  3.4B  2.5B  
Total Current Assets  397.0M  321.5M  239.7M  513.1M  509.3M  297.8M  
Other Current Liab  62.5M  59.8M  44.5M  43.6M  37.0M  40.7M  
Total Current Liabilities  354.2M  382.0M  332.1M  369.7M  323.2M  256.0M  
Other Liab  4.0M  2.6M  5.0M  207.8M  238.9M  250.9M  
Retained Earnings  364M  338.8M  149.5M  311.7M  548.2M  437.4M  
Accounts Payable  36.6M  55.3M  74.9M  48.2M  40.2M  39.5M  
Other Assets  102.2M  108.6M  162.2M  44.4M  51.0M  49.0M  
Long Term Debt  1.3B  1.5B  1.2B  1.6B  1.4B  1.2B  
Inventory  13.0M  21.8M  22.9M  26.2M  22.5M  14.8M  
Other Current Assets  895K  19.4M  22.0M  22.4M  30.2M  17.2M  
Total Liab  1.7B  1.7B  1.6B  1.8B  1.7B  1.5B  
Common Stock  95.1M  96.0M  126.2M  150.9M  173.6M  182.2M  
Property Plant Equipment  2.7B  2.7B  2.5B  2.6B  3.0B  2.1B  
Short Long Term Debt Total  1.6B  1.6B  1.5B  1.8B  1.6B  1.5B  
Property Plant And Equipment Net  2.7B  2.7B  2.6B  2.7B  2.8B  2.4B  
Current Deferred Revenue  12.1M  12.6M  9.0M  26.0M  31.9M  33.5M  
Non Current Assets Total  2.8B  2.8B  2.7B  2.8B  2.9B  2.4B  
Non Currrent Assets Other  27.6M  (2.5B)  (2.3B)  67.7M  62.1M  65.2M  
Net Receivables  60.5M  46.1M  58.0M  87.1M  52.0M  41.8M  
Short Term Investments  798K  642K  7K  193K  646K  613.7K  
Non Current Liabilities Total  1.3B  1.3B  1.3B  1.4B  1.4B  1.3B  
Other Stockholder Equity  992.0M  939.3M  966.8M  986.6M  905.4M  616.1M  
Property Plant And Equipment Gross  2.7B  2.7B  3.5B  3.7B  3.8B  2.5B  
Accumulated Other Comprehensive Income  (18.4M)  (37.0M)  (17.2M)  7.7M  2.5M  2.6M  
Short Term Debt  243.0M  254.3M  203.7M  251.8M  214.1M  176.4M  
Net Tangible Assets  1.4B  1.3B  1.2B  1.5B  1.8B  1.5B  
Deferred Long Term Liab  27.8M  27.6M  32.3M  34.3M  39.4M  26.7M  
Long Term Investments  2.4M  1.1M  287K  0.0  5.1M  5.3M  
Short Long Term Debt  235.5M  232.4M  172.9M  201.0M  180.9M  277.2M  
Long Term Debt Total  1.3B  1.3B  1.2B  1.6B  1.8B  1.5B 
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
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.Check out World Market Map to better understand how to build diversified portfolios, which includes a position in Tsakos Energy Navigation. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in income. You can also try the Bond Analysis module to evaluate and analyze corporate bonds as a potential investment for your portfolios..
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 0.43  Dividend Share 0.9  Earnings Share 5.66  Revenue Per Share 27.878  Quarterly Revenue Growth (0.03) 
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.