Is it safe?
Can TEN take a bad year?
Tsakos Energy Navigation Limited carries $1.40B of net debt at 3.10× EBITDA: a load its earnings can carry.
$1.40B
Net debt · as at Q2 2025 · between two and four years of EBITDA, normal for a stable business
- Net debt / EBITDA
- 3.10×
Net debt / EBITDA · 1.74× a year ago · the load is going up
- Interest cover
- 2.78×
Interest cover · operating profit covers the interest bill, with room to spare
- Annualised volatility
- 40%
Annualised volatility · roughly twice as jumpy as the market
Details›
- Total debtQ2 2025
- $1.68B
- Cash and short-term investments
- $282M
- Net debt
- $1.40B
- EBITDA, trailing twelve months
- $450M
- Operating profit, trailing twelve months
- $290M
- Debt / equity
- 0.95×
- Total debt / EBITDA
- 3.73×
- Annualised volatilitytwo years of daily moves
- 40%
- Worst drawdown on file
- −69%
- Below its 52-week high
- −9.6%
Balance sheet from SEC filings; drawdown and volatility from end-of-day closes; Altman Z from the filed statements.
Oil & Gas Midstream
Ranks #13 of 27 by Smart Score