Tsakos Long Term Debt vs Common Stock Analysis

TEN Stock

USD 20.05 0.09 0.45%

Tsakos Energy financial indicator trend analysis is much more than just breaking down Tsakos Energy Navigation prevalent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Tsakos Energy Navigation is a good investment. Please check the relationship between Tsakos Energy Long Term Debt and its Common Stock accounts. Check out World Market Map to better understand how to build diversified portfolios, which includes a position in Tsakos Energy Navigation. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in income.

Long Term Debt vs Common Stock

Long Term Debt vs Common Stock Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Tsakos Energy Navigation Long Term Debt account and Common Stock. At this time, the significance of the direction appears to have fragmental relationship.

The correlation between Tsakos Energy's Long Term Debt and Common Stock is 0.48. Overlapping area represents the amount of variation of Long Term Debt that can explain the historical movement of Common Stock in the same time period over historical financial statements of Tsakos Energy Navigation, assuming nothing else is changed. The correlation between historical values of Tsakos Energy's Long Term Debt and Common Stock is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Long Term Debt of Tsakos Energy Navigation are associated (or correlated) with its Common Stock. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Common Stock has no effect on the direction of Long Term Debt i.e., Tsakos Energy's Long Term Debt and Common Stock go up and down completely randomly.

Correlation Coefficient

0.48

Relationship Direction	Positive
Relationship Strength	Weak

View All Relationships

Long Term Debt

Long-term debt is a debt that Tsakos Energy Navigation has held for over one year. Long-term debt appears on Tsakos Energy Navigation balance sheet and also includes long-term leases. The most common forms of long term debt are bonds payable, long-term notes payable, mortgage payable, pension liabilities, and lease liabilities. In the corporate world, long-term debt is generally used to fund big-ticket items, such as machinery, buildings, and land. The total of long-term debt reported on Tsakos Energy Navigation balance sheet is the sum of the balances of all categories of long-term debt. Debt that is not due within the current year and is often considered to be financing activities that are to be repaid over several years.

Common Stock

Most indicators from Tsakos Energy's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Tsakos Energy Navigation current financial condition. On the other hand, looking into the entire matrix of fundamental ratios indicators, and analyzing their relationships over time can provide a more complete picture of the company financial strength now and in the future. Check out World Market Map to better understand how to build diversified portfolios, which includes a position in Tsakos Energy Navigation. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in income.

As of the 22nd of November 2024, Sales General And Administrative To Revenue is likely to grow to 0.05, while Selling General Administrative is likely to drop about 22.5 M.

	2021	2022	2023	2024 (projected)
Total Revenue	546.1M	860.4M	889.6M	487.0M
Depreciation And Amortization	143.3M	140.8M	144.2M	96.6M

Total Revenue Depreciation And Amortization

Tsakos Energy fundamental ratios Correlations

	Total Assets	Total Stockholder Equity	Net Debt	Cash	Cash And Short Term Investments	Common Stock Shares Outstanding	Total Current Assets	Other Current Liab	Total Current Liabilities	Other Liab	Retained Earnings	Accounts Payable	Other Assets	Long Term Debt	Inventory	Other Current Assets	Total Liab	Common Stock	Property Plant Equipment	Short Long Term Debt Total	Property Plant And Equipment Net	Current Deferred Revenue	Non Current Assets Total	Non Currrent Assets Other	Net Receivables	Common Stock Total Equity
Total Assets		0.97	0.93	0.68	0.68	0.6	0.81	0.05	0.88	0.17	0.59	0.58	0.36	0.93	0.79	0.18	0.97	0.57	0.99	0.96	0.99	0.34	0.99	-0.13	0.6	0.89
Total Stockholder Equity	0.97		0.82	0.74	0.74	0.65	0.85	0.06	0.86	0.2	0.53	0.53	0.34	0.84	0.71	0.19	0.89	0.62	0.96	0.88	0.95	0.39	0.96	-0.1	0.67	0.94
Net Debt	0.93	0.82		0.44	0.44	0.39	0.59	0.03	0.81	0.02	0.62	0.61	0.38	0.96	0.77	0.08	0.98	0.38	0.93	0.96	0.95	0.15	0.94	-0.17	0.38	0.7
Cash	0.68	0.74	0.44		1.0	0.7	0.93	0.33	0.6	0.41	0.59	0.09	-0.11	0.55	0.56	0.18	0.57	0.66	0.66	0.62	0.6	0.67	0.6	0.28	0.55	0.67
Cash And Short Term Investments	0.68	0.74	0.44	1.0		0.7	0.93	0.34	0.6	0.41	0.59	0.09	-0.12	0.55	0.56	0.18	0.57	0.66	0.66	0.62	0.6	0.67	0.6	0.28	0.55	0.67
Common Stock Shares Outstanding	0.6	0.65	0.39	0.7	0.7		0.72	-0.07	0.51	0.79	0.21	0.42	0.2	0.52	0.56	0.6	0.52	0.99	0.57	0.58	0.59	0.88	0.61	-0.07	0.69	0.67
Total Current Assets	0.81	0.85	0.59	0.93	0.93	0.72		0.22	0.79	0.35	0.54	0.25	0.13	0.68	0.63	0.2	0.71	0.67	0.75	0.75	0.73	0.6	0.74	0.13	0.71	0.79
Other Current Liab	0.05	0.06	0.03	0.33	0.34	-0.07	0.22		-0.09	-0.2	0.49	-0.56	-0.37	0.03	-0.21	-0.71	0.05	-0.12	0.05	0.11	0.02	0.07	0.01	0.97	-0.05	-0.14
Total Current Liabilities	0.88	0.86	0.81	0.6	0.6	0.51	0.79	-0.09		0.09	0.54	0.54	0.43	0.77	0.64	0.19	0.85	0.48	0.83	0.83	0.85	0.25	0.85	-0.25	0.58	0.84
Other Liab	0.17	0.2	0.02	0.41	0.41	0.79	0.35	-0.2	0.09		-0.16	0.34	0.09	0.13	0.41	0.59	0.12	0.85	0.15	0.19	0.16	0.79	0.17	-0.14	0.46	0.28
Retained Earnings	0.59	0.53	0.62	0.59	0.59	0.21	0.54	0.49	0.54	-0.16		-0.03	-0.05	0.59	0.31	-0.14	0.65	0.17	0.62	0.63	0.59	0.22	0.57	0.41	-0.1	0.3
Accounts Payable	0.58	0.53	0.61	0.09	0.09	0.42	0.25	-0.56	0.54	0.34	-0.03		0.62	0.56	0.69	0.41	0.59	0.46	0.56	0.56	0.62	0.19	0.63	-0.64	0.4	0.61
Other Assets	0.36	0.34	0.38	-0.11	-0.12	0.2	0.13	-0.37	0.43	0.09	-0.05	0.62		0.29	0.28	0.2	0.35	0.21	0.29	0.33	0.4	-0.09	0.4	-0.45	0.29	0.42
Long Term Debt	0.93	0.84	0.96	0.55	0.55	0.52	0.68	0.03	0.77	0.13	0.59	0.56	0.29		0.84	0.21	0.98	0.48	0.93	0.98	0.94	0.32	0.94	-0.13	0.47	0.72
Inventory	0.79	0.71	0.77	0.56	0.56	0.56	0.63	-0.21	0.64	0.41	0.31	0.69	0.28	0.84		0.37	0.81	0.56	0.77	0.81	0.76	0.38	0.77	-0.33	0.53	0.68
Other Current Assets	0.18	0.19	0.08	0.18	0.18	0.6	0.2	-0.71	0.19	0.59	-0.14	0.41	0.2	0.21	0.37		0.15	0.62	0.19	0.14	0.19	0.58	0.21	-0.63	0.18	0.32
Total Liab	0.97	0.89	0.98	0.57	0.57	0.52	0.71	0.05	0.85	0.12	0.65	0.59	0.35	0.98	0.81	0.15		0.5	0.96	0.99	0.98	0.29	0.97	-0.13	0.47	0.77
Common Stock	0.57	0.62	0.38	0.66	0.66	0.99	0.67	-0.12	0.48	0.85	0.17	0.46	0.21	0.48	0.56	0.62	0.5		0.55	0.55	0.57	0.88	0.58	-0.12	0.64	0.65
Property Plant Equipment	0.99	0.96	0.93	0.66	0.66	0.57	0.75	0.05	0.83	0.15	0.62	0.56	0.29	0.93	0.77	0.19	0.96	0.55		0.94	0.99	0.33	0.98	-0.13	0.51	0.87
Short Long Term Debt Total	0.96	0.88	0.96	0.62	0.62	0.58	0.75	0.11	0.83	0.19	0.63	0.56	0.33	0.98	0.81	0.14	0.99	0.55	0.94		0.96	0.36	0.96	-0.06	0.53	0.75
Property Plant And Equipment Net	0.99	0.95	0.95	0.6	0.6	0.59	0.73	0.02	0.85	0.16	0.59	0.62	0.4	0.94	0.76	0.19	0.98	0.57	0.99	0.96		0.32	1.0	-0.15	0.54	0.86
Current Deferred Revenue	0.34	0.39	0.15	0.67	0.67	0.88	0.6	0.07	0.25	0.79	0.22	0.19	-0.09	0.32	0.38	0.58	0.29	0.88	0.33	0.36	0.32		0.34	0.13	0.4	0.37
Non Current Assets Total	0.99	0.96	0.94	0.6	0.6	0.61	0.74	0.01	0.85	0.17	0.57	0.63	0.4	0.94	0.77	0.21	0.97	0.58	0.98	0.96	1.0	0.34		-0.17	0.56	0.87
Non Currrent Assets Other	-0.13	-0.1	-0.17	0.28	0.28	-0.07	0.13	0.97	-0.25	-0.14	0.41	-0.64	-0.45	-0.13	-0.33	-0.63	-0.13	-0.12	-0.13	-0.06	-0.15	0.13	-0.17		-0.14	-0.3
Net Receivables	0.6	0.67	0.38	0.55	0.55	0.69	0.71	-0.05	0.58	0.46	-0.1	0.4	0.29	0.47	0.53	0.18	0.47	0.64	0.51	0.53	0.54	0.4	0.56	-0.14		0.74
Common Stock Total Equity	0.89	0.94	0.7	0.67	0.67	0.67	0.79	-0.14	0.84	0.28	0.3	0.61	0.42	0.72	0.68	0.32	0.77	0.65	0.87	0.75	0.86	0.37	0.87	-0.3	0.74

Click cells to compare fundamentals

Tsakos Energy Account Relationship Matchups

Tsakos Energy fundamental ratios Accounts

	2019	2020	2021	2022	2023	2024 (projected)
Total Assets	3.2B	3.1B	2.9B	3.3B	3.4B	2.5B
Total Stockholder Equity	1.5B	1.4B	1.2B	1.5B	1.6B	1.0B
Net Debt	1.4B	1.4B	1.3B	1.4B	1.2B	1.1B
Cash	184.8M	160.5M	117.2M	304.4M	372.0M	193.6M
Cash And Short Term Investments	184.8M	160.5M	117.2M	304.4M	372.7M	194.5M
Common Stock Shares Outstanding	17.8M	18.8M	19.7M	28.2M	29.5M	31.0M
Liabilities And Stockholders Equity	3.2B	3.1B	2.9B	3.3B	3.4B	2.5B
Total Current Assets	397.0M	321.5M	239.7M	513.1M	509.3M	297.8M
Other Current Liab	62.5M	(122.2M)	(95.5M)	43.6M	37.0M	18.9M
Total Current Liabilities	354.2M	382.0M	332.1M	369.7M	323.2M	256.0M
Other Liab	4.0M	2.6M	5.0M	207.8M	238.9M	250.9M
Retained Earnings	364M	338.8M	149.5M	311.7M	548.2M	437.4M
Accounts Payable	36.6M	55.3M	74.9M	48.2M	40.2M	39.5M
Other Assets	102.2M	108.6M	162.2M	44.4M	51.0M	49.0M
Long Term Debt	1.3B	1.5B	1.2B	1.6B	1.4B	1.2B
Inventory	13.0M	21.8M	22.9M	26.2M	22.5M	14.8M
Other Current Assets	895K	93.1M	41.6M	22.4M	62.2M	65.3M
Total Liab	1.7B	1.7B	1.6B	1.8B	1.7B	1.5B
Common Stock	95.1M	96.0M	126.2M	150.9M	173.6M	182.2M
Property Plant Equipment	2.7B	2.7B	2.5B	2.6B	3.0B	2.1B
Short Long Term Debt Total	1.6B	1.6B	1.5B	1.8B	1.6B	1.5B
Property Plant And Equipment Net	2.7B	2.7B	2.6B	2.7B	2.8B	2.4B
Current Deferred Revenue	12.1M	12.6M	9.0M	26.0M	31.9M	33.5M
Non Current Assets Total	2.8B	2.8B	2.7B	2.8B	2.9B	2.4B
Non Currrent Assets Other	27.6M	(2.5B)	(2.3B)	67.7M	62.1M	65.2M
Net Receivables	60.5M	46.1M	58.0M	87.1M	52.0M	41.8M
Short Term Investments	798K	642K	7K	193K	646K	613.7K
Non Current Liabilities Total	1.3B	1.3B	1.3B	1.4B	1.4B	1.3B
Other Stockholder Equity	992.0M	939.3M	966.8M	986.6M	905.4M	616.1M
Property Plant And Equipment Gross	2.7B	2.7B	3.5B	3.7B	3.8B	2.5B
Accumulated Other Comprehensive Income	(18.4M)	(37.0M)	(17.2M)	7.7M	2.5M	2.6M
Short Term Debt	243.0M	254.3M	203.7M	251.8M	214.1M	176.4M
Net Tangible Assets	1.4B	1.3B	1.2B	1.5B	1.8B	1.5B
Deferred Long Term Liab	27.8M	27.6M	32.3M	34.3M	39.4M	26.7M
Long Term Investments	2.4M	1.1M	287K	0.0	5.1M	5.3M
Short Long Term Debt	235.5M	232.4M	172.9M	201.0M	180.9M	277.2M
Long Term Debt Total	1.3B	1.3B	1.2B	1.6B	1.8B	1.5B

Pair Trading with Tsakos Energy

One of the main advantages of trading using pair correlations is that every trade hedges away some risk. Because there are two separate transactions required, even if Tsakos Energy position performs unexpectedly, the other equity can make up some of the losses. Pair trading also minimizes risk from directional movements in the market. For example, if an entire industry or sector drops because of unexpected headlines, the short position in Tsakos Energy will appreciate offsetting losses from the drop in the long position's value.

Moving together with Tsakos Stock

0.79

Teekay

Pair Corr

Moving against Tsakos Stock

0.78	DTM	DT Midstream	Pair Corr
0.75	ET	Energy Transfer LP Aggressive Push	Pair Corr
0.75	KMI	Kinder Morgan Aggressive Push	Pair Corr
0.75	OKE	ONEOK Inc	Pair Corr
0.73	LNG	Cheniere Energy	Pair Corr

The ability to find closely correlated positions to Tsakos Energy could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Tsakos Energy when you sell it. If you don't do this, your portfolio allocation will be skewed against your target asset allocation. So, investors can't just sell and buy back Tsakos Energy - that would be a violation of the tax code under the "wash sale" rule, and this is why you need to find a similar enough asset and use the proceeds from selling Tsakos Energy Navigation to buy it.

The correlation of Tsakos Energy is a statistical measure of how it moves in relation to other instruments. This measure is expressed in what is known as the correlation coefficient, which ranges between -1 and +1. A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as Tsakos Energy moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Tsakos Energy Navigation moves in either direction, the perfectly negatively correlated security will move in the opposite direction. If the correlation is 0, the equities are not correlated; they are entirely random. A correlation greater than 0.8 is generally described as strong, whereas a correlation less than 0.5 is generally considered weak.

Correlation analysis and pair trading evaluation for Tsakos Energy can also be used as hedging techniques within a particular sector or industry or even over random equities to generate a better risk-adjusted return on your portfolios.

Pair Correlation Correlation Matching

When determining whether Tsakos Energy Navigation offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Tsakos Energy's financial statements, including income statements, balance sheets, and cash flow statements, to assess its financial health. Key financial ratios are used to gauge profitability, efficiency, and growth potential of Tsakos Energy Navigation Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Tsakos Energy Navigation Stock:

How To Invest In Tsakos

Details

Is Tsakos Stock a good investment?

Details

What is Tsakos Energy's Net Worth?

Details

Largest Oil & Gas Midstream Companies

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Largest Energy Companies

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Check out World Market Map to better understand how to build diversified portfolios, which includes a position in Tsakos Energy Navigation. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in income.

You can also try the FinTech Suite module to use AI to screen and filter profitable investment opportunities.

Is Oil & Gas Storage & Transportation space expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Tsakos Energy. If investors know Tsakos will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Tsakos Energy listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.

Quarterly Earnings Growth

0.43

Dividend Share

0.9

Earnings Share

5.66

Revenue Per Share

27.878

Quarterly Revenue Growth

(0.03)

The market value of Tsakos Energy Navigation is measured differently than its book value, which is the value of Tsakos that is recorded on the company's balance sheet. Investors also form their own opinion of Tsakos Energy's value that differs from its market value or its book value, called intrinsic value, which is Tsakos Energy's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Tsakos Energy's market value can be influenced by many factors that don't directly affect Tsakos Energy's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.

Please note, there is a significant difference between Tsakos Energy's value and its price as these two are different measures arrived at by different means. Investors typically determine if Tsakos Energy is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Tsakos Energy's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.

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Tsakos Long Term Debt vs Common Stock Analysis

Long Term Debt vs Common Stock

Long Term Debt vs Common Stock Correlation Analysis

Correlation Coefficient

Long Term Debt

Common Stock

Tsakos Energy fundamental ratios Correlations

Tsakos Energy Account Relationship Matchups

High Positive Relationship

High Negative Relationship

Tsakos Energy fundamental ratios Accounts

Pair Trading with Tsakos Energy

Moving together with Tsakos Stock

Moving against Tsakos Stock

COMMON DESTINATIONS

MAIN CATEGORIES

COMPANY

Cash And Short Term Investments	+ 1.0	Cash
Non Current Assets Total	+ 1.0	Property Plant And Equipment Net
Property Plant Equipment	+ 0.99	Total Assets
Property Plant And Equipment Net	+ 0.99	Total Assets
Non Current Assets Total	+ 0.99	Total Assets
Common Stock	+ 0.99	Common Stock Shares Outstanding

Other Current Assets	- 0.71	Other Current Liab
Non Currrent Assets Other	- 0.64	Accounts Payable
Non Currrent Assets Other	- 0.63	Other Current Assets
Accounts Payable	- 0.56	Other Current Liab
Non Currrent Assets Other	- 0.45	Other Assets
Other Assets	- 0.37	Other Current Liab