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Tsakos Energy Navigation (FRA:TK41) Debt-to-Revenue : 1.82 (As of Dec. 2023)


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What is Tsakos Energy Navigation Debt-to-Revenue?

Debt-to-Revenue measures a company's ability to pay off its debt.

Tsakos Energy Navigation's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was €196.3 Mil. Tsakos Energy Navigation's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was €1,272.5 Mil. Tsakos Energy Navigation's annualized Revenue for the quarter that ended in Dec. 2023 was €807.8 Mil. Tsakos Energy Navigation's annualized Debt-to-Revenue for the quarter that ended in Dec. 2023 was 1.82.


Tsakos Energy Navigation Debt-to-Revenue Historical Data

The historical data trend for Tsakos Energy Navigation's Debt-to-Revenue can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

* Premium members only.

Tsakos Energy Navigation Debt-to-Revenue Chart

Tsakos Energy Navigation Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Debt-to-Revenue
Get a 7-Day Free Trial Premium Member Only Premium Member Only 2.60 2.44 2.68 1.94 1.80

Tsakos Energy Navigation Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
Debt-to-Revenue Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 1.54 1.49 1.79 2.09 1.82

Competitive Comparison of Tsakos Energy Navigation's Debt-to-Revenue

For the Oil & Gas Midstream subindustry, Tsakos Energy Navigation's Debt-to-Revenue, along with its competitors' market caps and Debt-to-Revenue data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


Tsakos Energy Navigation's Debt-to-Revenue Distribution in the Oil & Gas Industry

For the Oil & Gas industry and Energy sector, Tsakos Energy Navigation's Debt-to-Revenue distribution charts can be found below:

* The bar in red indicates where Tsakos Energy Navigation's Debt-to-Revenue falls into.



Tsakos Energy Navigation Debt-to-Revenue Calculation

Debt-to-Revenue measures a company's ability to pay off its debt.

Tsakos Energy Navigation's Debt-to-Revenue for the fiscal year that ended in Dec. 2023 is calculated as

Debt-to-Revenue=Total Debt / Revenue
=(Short-Term Debt & Capital Lease Obligation + Long-Term Debt & Capital Lease Obligation) / Revenue
=(196.304 + 1272.536) / 815.732
=1.80

Tsakos Energy Navigation's annualized Debt-to-Revenue for the quarter that ended in Dec. 2023 is calculated as

Debt-to-Revenue=Total Debt / Revenue
=(Short-Term Debt & Capital Lease Obligation + Long-Term Debt & Capital Lease Obligation) / Revenue
=(196.304 + 1272.536) / 807.844
=1.82

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

In the calculation of annual Debt-to-Revenue, the Revenue of the last fiscal year is used. In calculating the annualized quarterly data, the Revenue data used here is four times the quarterly (Dec. 2023) Revenue data.


Tsakos Energy Navigation Debt-to-Revenue Related Terms

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Tsakos Energy Navigation (FRA:TK41) Business Description

Traded in Other Exchanges
Address
367 Syngrou Avenue, Ktirio Macedonia, P.O Box 79141, Palaio Faliro, Athens, GRC, 175 64
Tsakos Energy Navigation Ltd is a seaborne transportation service provider for crude oil and petroleum products. The company's carriers cater to national and international independent oil companies and refiners. It generates revenue through charter contracts with its clients, which include time, bareboat, and voyage charters, contracts of affreightment, and pool arrangements.

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