Tsakos Energy Navigation (TNP) - Net assets

Net assets on the balance sheet as of March 2024 : A$2.71 Billion

According to Tsakos Energy Navigation's latest financial reports the company has A$2.71 Billion in net assets.
A company’s net assets is the sum of its assets minus the sum of its liabilities.

Tsakos Energy Navigation - Net assets on balance sheet (from 2002 to 2024)

Net assets by year

Year	Net assets	Change
2022-12-31	$A$2.23 B	25.6%
2021-12-31	$A$1.78 B	-0.85%
2020-12-31	$A$1.79 B	-14.54%
2019-12-31	$A$2.10 B	-1.68%
2018-12-31	$A$2.13 B	10.72%
2017-12-31	$A$1.93 B	-1.76%
2016-12-31	$A$1.96 B	1.23%
2015-12-31	$A$1.94 B	34.96%
2014-12-31	$A$1.43 B	28.68%
2013-12-31	$A$1.11 B	25.41%
2012-12-31	$A$0.89 B	-0.51%
2011-12-31	$A$0.89 B	-10.72%
2010-12-31	$A$1.00 B	-1.35%
2009-12-31	$A$1.01 B	-21.53%
2008-12-31	$A$1.29 B	32.18%
2007-12-31	$A$0.98 B	2.42%
2006-12-31	$A$0.95 B	15.46%
2005-12-31	$A$0.82 B	23.61%
2004-12-31	$A$0.67 B	58.63%
2003-12-31	$A$0.42 B	-10.85%
2002-12-31	$A$0.47 B	41.62%
2001-12-31	$A$0.33 B

Net assets for similar companies or competitors

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Ardmore Shipping ASC	A$1.07 B	-60.51%	🇧🇲 Bermuda
Golar LNG GLNG	A$4.22 B	55.63%	🇧🇲 Bermuda

What is the market capitalization of a company?

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In most cases it can be easily calculated by multiplying the share price with the amount of outstanding shares.

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