Tsakos Story

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TNP -- USA Stock  

USD 8.84  0.28  3.07%

Tsakos Energy Navigation is scheduled to announce its earnings tomorrow. While some baby boomers are getting worried about energy space, it is reasonable to recap Tsakos Energy Navigation as an investment alternative. Here we also measure the ability of Tsakos Energy to meet its long-term debt obligations, such as interest payments on debt, the final principal payment on the debt, and any other fixed obligations like lease payments.
Published over a month ago
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Continue to hold Tsakos (NYSE:TNP) based on its current debt obligations?
Tsakos Energy Navigation has 1.56 B in debt with debt to equity (D/E) ratio of 1.06, which is OK given its current industry classification. The entity has a current ratio of 1.19, demonstrating that it may have difficulties to pay its financial commitments when the payables are due. About 33.0% of the company outstanding shares are owned by corporate insiders. Tsakos Energy Navigation has price-to-book ratio of 0.1. Typically companies with comparable Price to Book (P/B) are able to outperform the market in the long run. The entity has Price/Earnings To Growth (PEG) ratio of 0.19. The firm last dividend was issued on the 19th of June 2020. Tsakos Energy had 2:1 split on the 1st of July 2020.
Tsakos Energy financial leverage ratio helps determine the effect of debt on the overall profitability of the company. It measures the total debt position of Tsakos Energy, including all of Tsakos Energy's outstanding debt obligations, and compares it with the equity. In simple terms, the high financial leverage means the cost of production, together with running the business day-to-day, is high, whereas, lower financial leverage implies lower fixed cost investment in the business and generally considered by investors to be a good sign. So if creditors own a majority of Tsakos Energy assets, the company is considered highly leveraged. Understanding the composition and structure of overall Tsakos Energy debt and outstanding corporate bonds gives a good idea of how risky the capital structure of a business is and if it is worth investing in it. Please read more on our technical analysis page.

How important is Tsakos Energy's Liquidity

Tsakos Energy financial leverage refers to using borrowed capital as a funding source to finance Tsakos Energy Navigation ongoing operations. It is usually used to expand the firm's asset base and generate returns on borrowed capital. Tsakos Energy financial leverage is typically calculated by taking the company's all interest-bearing debt and dividing it by total capital. So the higher the debt-to-capital ratio (i.e., financial leverage), the riskier the company. Please check the breakdown between Tsakos Energy's total debt and its cash.

What do experts say?

Stock analysis is a method for investors and traders to make buying and selling decisions. By studying and evaluating past and current data, investors and traders attempt to gain an edge in the markets by making informed decisions. It is good to see analyst projects for Tsakos Energy, but it might be worth checking our own buy vs. sell analysis

A Deeper look at Tsakos

The firm reported the last year's revenue of 676.06 M. Total Income to common stockholders was 15.02 M with profit before taxes, overhead, and interest of 280.6 M.

Will price continue to roll up in December 2020?

Tsakos Energy recent standard deviation upswings over 3.36. Tsakos Energy Navigation exhibits very low volatility with skewness of 0.55 and kurtosis of 0.49. However, we advise investors to further study Tsakos Energy Navigation technical indicators to make sure all market info is available and is reliable.

Our Final Perspective on Tsakos Energy

Although some other companies under the oil & gas midstream industry are still a bit expensive, Tsakos Energy may offer a potential longer-term growth to insiders. With a less-than optimistic outlook for your 30 days horizon, it may be a good time to trade some or all of your Tsakos Energy holdings as it seems the potential growth was already fully factored into the current price. Please use our equity advice module to run different scenarios to ensure your current risk level and investment horizon are fully reflective of your current investing preferences in regards to Tsakos Energy.

About Contributor

This story should be regarded as informational only and should not be considered a solicitation to sell or buy any financial products. Macroaxis does not express any opinion as to the present or future value of any investments referred to in this post. This post may not be reproduced without the consent of Macroaxis LLC. Macroaxis LLC and Ellen Johnson do not own shares of Tsakos Energy Navigation. Please refer to our Terms of Use for any information regarding our disclosure principles.

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