TNP
Price:
$18.28
Market Cap:
$539.36M
Tsakos Energy Navigation Limited (TEN) is a global entity focused on the seaborne carriage of crude oil and refined petroleum products. The company offers its marine transport solutions to a diverse clientele, including national, major, and independent oil corporations, as well as refineries, under a spectrum of charter agreements ranging from short-term to extended durations. As of April 21, 2022, TEN operated a fleet of 66 double-hulled vessels, which specifically included 60 conventional tankers, three liquefied natural gas (LNG) carriers, and three specialized Suezmax DP2 shuttle tankers. Established in 1993, the firm was originally known as MIF Limited before adopting its current name, ...[Read more]
Industry
Oil & Gas Midstream
IPO Date
2002-03-05
Stock Exchange
NYSE
Ticker
TNP
According to Tsakos Energy Navigation Limited’s latest financial reports and current stock price. The company's current Current Ratio is 1.30. This represents a change of 116.09% compared to the average of 0.60 of the last 4 quarters.
The mean historical Current Ratio of Tsakos Energy Navigation Limited over the last ten years is 1.09. The current 1.30 Current Ratio has changed 11.75% with respect to the historical average. Over the past ten years (40 quarters), TNP's Current Ratio was at its highest in in the September 2018 quarter at 3.61. The Current Ratio was at its lowest in in the September 2019 quarter at 0.
Average
1.09
Median
1.11
Minimum
0.72
Maximum
1.57
Discovering the peaks and valleys of Tsakos Energy Navigation Limited Current Ratio, unveiling quarterly and yearly fluctuations to gain insights into the company’s financial performance and market dynamics, offering valuable data for investors and analysts alike.
Maximum Annual Increase = 92.33%
Maximum Annual Current Ratio = 1.57
Minimum Annual Increase = -29.84%
Minimum Annual Current Ratio = 0.72
| Year | Current Ratio | Change |
|---|---|---|
| 2024 | 1.10 | -29.84% |
| 2023 | 1.57 | 13.22% |
| 2022 | 1.39 | 92.33% |
| 2021 | 0.72 | -14.24% |
| 2020 | 0.84 | -24.93% |
| 2019 | 1.12 | -10.22% |
| 2018 | 1.25 | 39.02% |
| 2017 | 0.90 | -1.42% |
| 2016 | 0.91 | -19.03% |
| 2015 | 1.13 | 27.07% |
The current Current Ratio of Tsakos Energy Navigation Limited (TNP) is less than than its 3-year, greater than its 5-year, and greater than its 10-year historical averages
3-year avg
1.35
5-year avg
1.12
10-year avg
1.09
Tsakos Energy Navigation Limited’s Current Ratio is greater than Octave Specialty Group, Inc. (1.19), less than Innovex International, Inc. (5.10), greater than Summit Midstream Partners, LP (0.73), greater than Solaris Energy Infrastructure, Inc. (1.11), greater than GasLog Partners LP (0.84), greater than Diamond S Shipping Inc. (0.95), greater than Ranger Oil Corporation (0.60), less than NPK International Inc. (1.58), greater than Evolve Transition Infrastructure LP (0.02),
| Company | Current Ratio | Market cap |
|---|---|---|
| 1.19 | $252.08M | |
| 5.10 | $2.02B | |
| 0.73 | $405.18M | |
| 1.11 | $5.31B | |
| 0.84 | $410.54M | |
| 0.95 | $384.82M | |
| 0.60 | $712.26M | |
| 1.58 | $1.27B | |
| 0.02 | $338.35M |
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