Tsakos Energy Navigation Limited (TEN)

Tsakos Energy Navigation Balance Sheet

Financials in millions USD. Fiscal year is January - December.

Fiscal Year	TTM	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020
Period Ending	Jun 30, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020
Cash & Equivalents	282.39	343.37	372.03	304.37	117.19	160.48
Trading Asset Securities	1.17	0.18	0.65	0.19	0.01	-
Cash & Short-Term Investments	283.56	343.56	372.68	304.56	117.2	160.48
Cash Growth	-39.98%	-7.81%	22.37%	159.87%	-26.97%	-13.24%
Accounts Receivable	34.02	26.45	46.7	78.2	30.62	25.27
Other Receivables	15.35	7.21	5.29	8.89	27.35	20.79
Receivables	49.37	33.66	51.99	87.09	57.97	46.06
Inventory	16.18	18.95	22.51	26.22	22.92	21.81
Prepaid Expenses	14.28	8.38	3.91	6.82	1.86	1.42
Restricted Cash	4.83	4.94	4.66	5.07	10.01	11.3
Other Current Assets	85.45	42.32	53.59	83.36	29.71	80.42
Total Current Assets	453.65	451.8	509.34	513.11	239.66	321.47
Property, Plant & Equipment	3,009	2,936	2,637	2,681	2,492	2,682
Long-Term Investments	35.31	25.31	5.06	-	1.38	-
Long-Term Deferred Charges	30.44	39.11	38.31	44.37	34.3	32.26
Other Long-Term Assets	279.25	254.58	174.39	69.96	127.94	76.32
Total Assets	3,808	3,707	3,364	3,309	2,895	3,112
Accrued Expenses	55.02	50.78	36.95	43.64	35.6	44.55
Current Portion of Long-Term Debt	205.54	251.75	191.97	201.05	181.82	243.52
Current Portion of Leases	10.65	12.71	22.1	50.8	30.75	21.88
Current Unearned Revenue	13.93	37.41	31.9	26.05	9.02	12.62
Other Current Liabilities	64.19	55.87	40.28	48.16	74.91	59.46
Total Current Liabilities	349.32	408.52	323.2	369.69	332.1	382.04
Long-Term Debt	1,618	1,495	1,371	1,377	1,209	1,293
Long-Term Leases	-	4.33	17.03	39.13	62.02	50.38
Other Long-Term Liabilities	33.65	31.14	-	-	-	5.02
Total Liabilities	2,001	1,939	1,711	1,786	1,603	1,730
Common Stock	151.54	151.54	150.92	150.92	126.22	95.97
Additional Paid-In Capital	924.3	919.72	912.21	993.37	973.58	949.09
Retained Earnings	685.62	652.65	548.24	311.73	149.51	338.8
Treasury Stock	-6.79	-6.79	-6.79	-6.79	-6.79	-9.83
Comprehensive Income & Other	-1.53	-0.9	2.49	7.67	-17.18	-36.99
Total Common Equity	1,753	1,716	1,607	1,457	1,225	1,337
Minority Interest	42.14	39.49	34.09	51.02	50.99	28.14
Shareholders' Equity	1,807	1,767	1,653	1,523	1,292	1,382
Total Liabilities & Equity	3,808	3,707	3,364	3,309	2,895	3,112
Total Debt	1,834	1,764	1,602	1,668	1,483	1,609
Net Cash (Debt)	-1,551	-1,421	-1,230	-1,363	-1,366	-1,448
Net Cash Per Share	-52.41	-48.15	-41.67	-48.36	-69.53	-77.17
Filing Date Shares Outstanding	30.13	30.13	29.51	29.51	28.17	18.2
Total Common Shares Outstanding	30.13	30.13	29.51	29.51	24.57	18.22
Working Capital	104.33	43.28	186.13	143.43	-92.43	-60.57
Book Value Per Share	58.19	56.96	54.47	49.38	49.88	73.40
Tangible Book Value	1,753	1,716	1,607	1,457	1,225	1,337
Tangible Book Value Per Share	58.19	56.96	54.47	49.38	49.88	73.40
Machinery	4,111	4,031	3,616	3,553	3,279	3,618

Updated Sep 10, 2025. Source: S&P Global Market Intelligence. Standard template. Financial Sources.

SEC Filings: 10-K · 10-Q