Tsakos Energy Navigation (TNP) - Net assets

Net assets on the balance sheet as of March 2024 : £1.28 B

According to Tsakos Energy Navigation's latest financial reports the company has £1.28 B 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	$£1.25 B	31.88%
2021-12-31	$£0.95 B	-5.7%
2020-12-31	$£1.01 B	-8.77%
2019-12-31	$£1.10 B	-6.05%
2018-12-31	$£1.18 B	5.83%
2017-12-31	$£1.11 B	-2.86%
2016-12-31	$£1.14 B	20.43%
2015-12-31	$£0.95 B	26.07%
2014-12-31	$£0.75 B	25.26%
2013-12-31	$£0.60 B	5.4%
2012-12-31	$£0.57 B	-3.08%
2011-12-31	$£0.59 B	-10.8%
2010-12-31	$£0.66 B	16.39%
2009-12-31	$£0.56 B	-10.25%
2008-12-31	$£0.63 B	47.71%
2007-12-31	$£0.42 B	11.43%
2006-12-31	$£0.38 B	9.51%
2005-12-31	$£0.35 B	30%
2004-12-31	$£0.27 B	52.7%
2003-12-31	$£0.17 B	6.34%
2002-12-31	$£0.16 B	41.37%
2001-12-31	$£0.11 B

Net assets for similar companies or competitors

Company	Net assets	differencediff.	Country
Teekay TK	£1.52 B	19.29%	🇨🇦 Canada
Frontline FRO	£1.84 B	44.27%	🇧🇲 Bermuda
Scorpio Tankers STNG	£2.23 B	74.12%	🇲🇨 Monaco
Ardmore Shipping ASC	£0.49 B	-61.06%	🇧🇲 Bermuda
Golar LNG GLNG	£2.02 B	58.44%	🇧🇲 Bermuda

What is the market capitalization of a company?

The market capitalization sometimes referred as Marketcap, is the value of a publicly listed company.
In most cases it can be easily calculated by multiplying the share price with the amount of outstanding shares.

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