Tsakos Historical Cash Flow
| TEN Stock | USD 16.14 0.08 0.49% |
Analysis of Tsakos Energy cash flow over time is an excellent tool to project Tsakos Energy Navigation future capital expenditures as well as to predict the amount of cash needed to cover cost of sales, R&D expenses or production expansions. Investors should almost always look for trends in cash flow indicators such as Total Cash From Operating Activities of 415 M or Net Income of 315.2 M as it is a great indicator of Tsakos Energy ability to facilitate future growth, repay debt on time or pay out dividends.
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 |
About Tsakos Cash Flow Analysis
The Cash Flow Statement is a financial statement that shows how changes in Tsakos balance sheet and income statement accounts affect cash and cash equivalents. It breaks the analysis down to operating, investing, and financing activities. One of the most critical aspects of the cash flow statement is liquidity, which is the degree to which Tsakos's non-liquid assets can be easily converted into cash.
Tsakos Energy Cash Flow Chart
Add Fundamental
Begin Period Cash Flow
The amount of cash a company has at the beginning of a financial reporting period. It serves as the starting point for calculating the period's cash flow from operations, investing, and financing activities.Most accounts from Tsakos Energy's cash flow statement are interrelated and interconnected. However, analyzing cash flow statement 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 cash flow statement 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 Change To Account Receivables is very stable compared to the past year. As of the 21st of December 2024, Other Cashflows From Investing Activities is likely to grow to about 174.2 M, though Other Cashflows From Financing Activities is likely to grow to (106.7 M).
Tsakos Energy cash flow statement Correlations
Click cells to compare fundamentals
Tsakos Energy Account Relationship Matchups
High Positive Relationship
High Negative Relationship
Tsakos Energy cash flow statement Accounts
| 2019 | 2020 | 2021 | 2022 | 2023 | 2024 (projected) | ||
| Change In Cash | (22.8M) | (26.0M) | (44.6M) | 182.2M | 67.3M | 70.6M | |
| Free Cash Flow | 82.1M | 17.2M | (8.1M) | (44.8M) | 96.9M | 101.7M | |
| Other Cashflows From Financing Activities | 534.8M | 349.9M | 212.2M | 692.1M | (112.3M) | (106.7M) | |
| Depreciation | 128.8M | 127.3M | 126.8M | 121.6M | 123.1M | 92.5M | |
| Other Non Cash Items | 29.4M | 42.6M | 72.6M | 2.2M | (54.7M) | (51.9M) | |
| Capital Expenditures | 102.2M | 188.2M | 61.2M | 333.4M | 298.4M | 227.6M | |
| Total Cash From Operating Activities | 184.3M | 205.4M | 53.1M | 288.5M | 395.3M | 415.0M | |
| Net Income | 14.0M | 27.2M | (150.6M) | 208.5M | 300.2M | 315.2M | |
| Total Cash From Financing Activities | (104.9M) | (136.8M) | (89.7M) | 195.5M | (190.6M) | (181.1M) | |
| End Period Cash Flow | 197.8M | 171.8M | 127.2M | 309.4M | 376.7M | 190.5M | |
| Change To Inventory | 7.4M | (8.8M) | (1.1M) | (3.3M) | 3.7M | 3.9M | |
| Change To Liabilities | 1.1M | (20.1M) | 8.5M | 15.5M | 19.8M | 0.0 | |
| Sale Purchase Of Stock | (50M) | (59.8M) | (168K) | (2.5M) | (108.3M) | (102.9M) | |
| Change In Working Capital | 12.2M | 8.3M | 4.3M | (43.7M) | 26.7M | 28.0M | |
| Begin Period Cash Flow | 220.5M | 197.8M | 171.8M | 127.2M | 309.4M | 202.7M | |
| Dividends Paid | 49.3M | 46.7M | 36.3M | 43.7M | (61.9M) | (58.8M) | |
| Change To Account Receivables | (9.1M) | 19.7M | (1.3M) | (35.2M) | 28.4M | 29.8M | |
| Other Cashflows From Investing Activities | (56.0M) | 54.0M | (2.4M) | (254K) | 165.9M | 174.2M | |
| Investments | (102.2M) | (94.6M) | (8.0M) | (301.8M) | (154.0M) | (161.7M) | |
| Net Borrowings | (156.0M) | (62.6M) | (34.8M) | (129.1M) | (116.2M) | (110.4M) | |
| Total Cashflows From Investing Activities | (102.2M) | (94.6M) | (8.0M) | (301.8M) | (347.1M) | (364.4M) | |
| Change To Operating Activities | 2.6M | 5.4M | (18.1M) | (13.1M) | (11.8M) | (11.2M) | |
| Change To Netincome | 59.9M | 12.8M | 32.2M | 53.8M | 61.8M | 64.9M |
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
| 0.91 | EE | Excelerate Energy | PairCorr |
| 0.89 | ET | Energy Transfer LP | PairCorr |
| 0.87 | DTM | DT Midstream | PairCorr |
| 0.82 | DLNG | Dynagas LNG Partners | PairCorr |
| 0.81 | IMPPP | Imperial Petroleum | PairCorr |
The ability to find closely correlated positions to Tsakos Energy could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough 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 risk-adjusted 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 Sign In To Macroaxis module to sign in to explore Macroaxis' wealth optimization platform and fintech modules.
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 | Earnings Share 5.47 | Revenue Per Share 27.878 | Quarterly Revenue Growth (0.03) | Return On Assets 0.0456 |
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.