Tsakos Energy Navigation Quarterly Balance Sheet
NYSE: TENConsumer DiscretionaryMarine TransportationUSD
At close: Oct 9, 4:00 PM ET · Delayed 15 min
Tsakos Energy Navigation financial position
As of Dec 31, 2025, Tsakos Energy Navigation reported total assets of $3.95 billion, up 36.6% from a year earlier against total liabilities of $2.09 billion. Shareholders' equity stood at $1.82 billion, or 46.0% of assets. The company held $293.3 million in cash and equivalents against $1.78 billion of debt, a net debt position of $1.49 billion.
The current ratio (current assets divided by current liabilities) was 0.95, meaning short-term obligations exceed short-term assets. Debt-to-equity was 0.98.
Summary generated from market data by MetaCap's automated system. Methodology
Tsakos Energy Navigation balance sheet (quarterly)
| Quarter (USD) | Q4 20252025-12-31 | Q4 20242024-12-31 | Q4 20232023-12-31 | Q4 20222022-12-31 | Q4 20212021-12-31 | Q4 20202020-12-31 | Q4 20192019-12-31 | Q4 20182018-12-31 | Q4 20172017-12-31 | Q4 20162016-12-31 | Q4 20152015-12-31 | Q4 20142014-12-31 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Cash & Equivalents | 293.31M | 343.37M | 372.03M | 304.37M | 117.19M | 160.47M | 184.84M | 204.76M | 189.76M | 187.78M | 289.68M | 202.11M |
| Short-Term Investments | — | — | — | — | — | — | — | — | — | — | 0 | 0 |
| Receivables | 41.08M | 26.45M | 46.70M | 78.20M | 30.62M | 25.27M | 40.34M | 35.35M | 27.36M | 38.25M | 45.46M | 42.05M |
| Inventory | 12.59M | 18.95M | 22.51M | 26.22M | 22.92M | 21.81M | 13.03M | 20.39M | 16.29M | 18.76M | 14.41M | 15.94M |
| Total Current Assets | 434.63M | 451.80M | 509.34M | 513.11M | 239.66M | 321.47M | 397.01M | 317.50M | 304.39M | 358.31M | 452.23M | 289.80M |
| Property, Plant & Equipment | 3.16B | 2.92B | 2.60B | 2.58B | 2.40B | 2.62B | 2.63B | 2.83B | 3.03B | 2.68B | 2.05B | 2.20B |
| Long-Term Investments | — | — | — | — | 1.00M | 1.00M | 1.00M | 1.00M | 1.00M | 1.00M | 1.00M | 1.00M |
| Total Assets | 3.95B | 3.71B | 3.36B | 3.31B | 2.89B | 3.11B | 3.15B | 3.21B | 3.37B | 3.28B | 2.89B | 2.70B |
| Accounts Payable | 42.68M | 55.85M | 40.21M | 48.16M | 74.91M | 55.29M | 36.61M | 37.53M | 46.92M | 52.51M | 33.26M | 33.05M |
| Short-Term Debt | 295.49M | 245.47M | 185.52M | 194.35M | 172.94M | 232.43M | 235.51M | 160.58M | 225.88M | 288.13M | 318.22M | 228.49M |
| Total Current Liabilities | 458.04M | 408.52M | 323.20M | 369.69M | 332.10M | 382.04M | 354.20M | 254.30M | 338.92M | 393.29M | 400.57M | 327.28M |
| Long-Term Debt | 1.49B | 1.35B | 1.22B | 1.22B | 1.20B | 1.27B | 1.30B | 1.44B | 1.53B | 1.47B | 1.07B | 1.19B |
| Total Liabilities | 2.09B | 1.94B | 1.71B | 1.79B | 1.60B | 1.73B | 1.68B | 1.70B | 1.87B | 1.86B | 1.48B | 1.52B |
| Shareholders' Equity | 1.82B | 1.73B | 1.62B | 1.47B | 1.24B | 1.35B | 1.45B | 1.49B | 1.49B | 1.41B | 1.40B | 1.17B |
| Retained Earnings | 738.35M | 652.65M | 548.24M | 311.73M | 149.50M | 338.80M | 364.00M | 400.93M | 547.94M | 582.89M | 567.46M | 437.56M |
| Total Debt | 1.78B | 1.60B | 1.41B | 1.41B | 1.37B | 1.50B | 1.53B | 1.60B | 1.75B | 1.75B | 1.39B | 1.42B |
| Net Cash (Debt) | -1.49B | -1.26B | -1.03B | -1.11B | -1.26B | -1.34B | -1.35B | -1.39B | -1.56B | -1.57B | -1.10B | -1.22B |
| Shares Outstanding | 30.13M | 30.13M | 29.51M | 29.51M | 24.57M | 18.22M | 19.02M | 87.60M | 86.32M | 83.72M | 87.34M | 84.71M |
This table shows 12 quarterly periods of Tsakos Energy Navigation's balance sheet, from Q4 2025 back to Q4 2014, across 18 line items including cash & equivalents, short-term investments, receivables. Values in USD; B = billions, M = millions. Fiscal periods follow TEN's reporting calendar. What is a balance sheet?