Tsakos Energy Navigation Limited
Balance Sheet
| Line Item | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 |
|---|---|---|---|---|---|---|---|---|
| Assets | ||||||||
| Cash & Equivalents | $293.3M | $343.4M | $372.0M | $304.4M | $117.2M | $160.5M | $184.8M | $204.8M |
| Accounts Receivable | $41.1M | $26.5M | $46.7M | $78.2M | $30.6M | $25.3M | $40.3M | $35.4M |
| Inventory | $12.6M | $18.9M | $22.5M | $26.2M | $22.9M | $21.8M | $13.0M | $20.4M |
| Total Current Assets | $434.6M | $451.8M | $509.3M | $513.1M | $239.7M | $321.5M | $397.0M | $317.5M |
| Property, Plant & Equipment | $3.16B | $2.92B | $2.60B | $2.58B | $2.40B | $2.62B | $2.63B | $2.83B |
| Goodwill | — | — | — | — | — | — | — | — |
| Intangible Assets (Excl. Goodwill) | — | — | — | — | — | — | — | — |
| Total Assets | $3.95B | $3.71B | $3.36B | $3.31B | $2.89B | $3.11B | $3.15B | $3.21B |
| Liabilities | ||||||||
| Accounts Payable | $42.7M | $55.8M | $40.2M | $48.2M | $74.9M | $55.3M | $36.6M | $37.5M |
| Total Current Liabilities | $458.0M | $408.5M | $323.2M | $369.7M | $332.1M | $382.0M | $354.2M | $254.3M |
| Long-Term Debt | $1.49B | $1.35B | $1.22B | $1.22B | $1.20B | $1.27B | $1.30B | $1.44B |
| Total Liabilities | $2.13B | $1.98B | $1.75B | $1.84B | $1.65B | $1.76B | $1.70B | $1.71B |
| Stockholders' Equity | ||||||||
| Retained Earnings | $738.4M | $652.7M | $548.2M | $311.7M | $149.5M | $338.8M | $364.0M | $400.9M |
| Total Stockholders' Equity | $1.82B | $1.73B | $1.62B | $1.47B | $1.24B | $1.35B | $1.45B | $1.49B |