Tsakos Energy Navigation (TNP) - Net assets

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

According to Tsakos Energy Navigation's latest financial reports the company has £1.28 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	$£1.25 B	31.54%
2021-12-31	$£0.95 B	-5.6%
2020-12-31	$£1.01 B	-9.71%
2019-12-31	$£1.12 B	-5.41%
2018-12-31	$£1.18 B	6.38%
2017-12-31	$£1.11 B	-2.86%
2016-12-31	$£1.14 B	20.3%
2015-12-31	$£0.95 B	26.21%
2014-12-31	$£0.75 B	25.09%
2013-12-31	$£0.60 B	5.47%
2012-12-31	$£0.57 B	-3.03%
2011-12-31	$£0.59 B	-10.49%
2010-12-31	$£0.66 B	16.93%
2009-12-31	$£0.56 B	-9.51%
2008-12-31	$£0.62 B	44.58%
2007-12-31	$£0.43 B	12%
2006-12-31	$£0.38 B	9.51%
2005-12-31	$£0.35 B	30.11%
2004-12-31	$£0.27 B	53.89%
2003-12-31	$£0.17 B	5.43%
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	£1.47 B	15.09%	🇨🇦 Canada
Frontline FRO	£1.79 B	39.64%	🇧🇲 Bermuda
Scorpio Tankers STNG	£2.18 B	70.44%	🇲🇨 Monaco
Ardmore Shipping ASC	£0.48 B	-62.21%	🇧🇲 Bermuda
Golar LNG GLNG	£1.99 B	55.63%	🇧🇲 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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