Tsakos Energy Navigation Stock Z Score

TEN Stock

USD 18.64 0.26 1.38%

Altman Z Score is one of the simplest fundamental models to determine how likely your company is to fail. The module uses available fundamental data of a given equity to approximate the Altman Z score. Altman Z Score is determined by evaluating five fundamental price points available from the company's current public disclosure documents. Check out Tsakos Energy Piotroski F Score and Tsakos Energy Valuation analysis.

At this time, Tsakos Energy's Net Working Capital is very stable compared to the past year. As of the 28th of November 2024, Capital Lease Obligations is likely to grow to about 67.1 M, while Capital Surpluse is likely to drop about 967.7 M. At this time, Tsakos Energy's Interest Expense is very stable compared to the past year. As of the 28th of November 2024, Income Before Tax is likely to grow to about 320.3 M, while Depreciation And Amortization is likely to drop about 96.6 M.

Tsakos Energy Navigation Company Z Score Analysis

Tsakos Energy's Z-Score is a simple linear, multi-factor model that measures the financial health and economic stability of a company. The score is used to predict the probability of a firm going into bankruptcy within next 24 months or two fiscal years from the day stated on the accounting statements used to calculate it. The model uses five fundamental business ratios that are weighted according to algorithm of Professor Edward Altman who developed it in the late 1960s at New York University..

Z Score

Sum Of

5 Factors

More About Z Score | All Equity Analysis

First Factor

1.2 * (

Working Capital

/

Total Assets )

Second Factor

1.4 * (

Retained Earnings

/

Total Assets )

Thrid Factor

3.3 * (

EBITAD

/

Total Assets )

Fouth Factor

0.6 * (

Market Value of Equity

/

Total Liabilities )

Fifth Factor

0.99 * (

Revenue

/

Total Assets )

Tsakos Z Score Driver Correlations

Understanding the fundamental principles of building solid financial models for Tsakos Energy is extremely important. It helps to project a fair market value of Tsakos Stock properly, considering its historical fundamentals such as Z Score. Since Tsakos Energy's main accounts across its financial reports are all linked and dependent on each other, it is essential to analyze all possible correlations between related accounts. However, instead of reviewing all of Tsakos Energy's historical financial statements, investors can examine the correlated drivers to determine its overall health. This can be effectively done using a conventional correlation matrix of Tsakos Energy's interrelated accounts and indicators.

	Total Assets	Total Stockholder Equity	Net Debt	Total Current Assets	Retained Earnings	Accounts Payable	Long Term Debt	Total Liab	Common Stock	Property Plant Equipment	Current Deferred Revenue	Net Receivables	Short Term Investments	Short Term Debt	Treasury Stock	Net Tangible Assets	Deferred Long Term Liab	Long Term Investments	Short Long Term Debt	Long Term Debt Total	Capital Surpluse	Cash And Equivalents	Net Invested Capital	Net Working Capital	Capital Stock	Good Will	Intangible Assets
Total Assets		0.97	0.93	0.81	0.59	0.58	0.93	0.97	0.57	0.99	0.34	0.6	-0.57	0.78	0.29	0.67	0.49	-0.06	-0.69	0.47	0.56	0.24	-0.13	0.22	0.27	0.01	-0.13
Total Stockholder Equity	0.97		0.82	0.85	0.53	0.53	0.84	0.89	0.62	0.96	0.39	0.67	-0.56	0.78	0.36	0.78	0.55	-0.08	-0.79	0.52	0.65	0.32	-0.14	0.29	0.31	-0.03	-0.17
Net Debt	0.93	0.82		0.59	0.62	0.61	0.96	0.98	0.38	0.93	0.15	0.38	-0.51	0.71	0.12	0.38	0.28	-0.05	-0.46	0.28	0.31	0.0	-0.07	0.01	0.07	0.1	0.02
Total Current Assets	0.81	0.85	0.59		0.54	0.25	0.68	0.71	0.67	0.75	0.6	0.71	-0.58	0.77	0.18	0.78	0.49	0.0	-0.63	0.55	0.59	0.62	-0.09	0.53	0.51	-0.16	-0.33
Retained Earnings	0.59	0.53	0.62	0.54		-0.03	0.59	0.65	0.17	0.62	0.22	-0.1	-0.21	0.59	-0.34	0.29	-0.21	0.45	-0.12	0.25	-0.07	0.26	0.29	0.15	-0.15	-0.15	0.04
Accounts Payable	0.58	0.53	0.61	0.25	-0.03		0.56	0.59	0.46	0.56	0.19	0.4	-0.5	0.38	0.32	0.27	0.51	-0.14	-0.47	0.17	0.42	-0.2	-0.44	-0.14	0.33	0.04	-0.23
Long Term Debt	0.93	0.84	0.96	0.68	0.59	0.56		0.98	0.48	0.93	0.32	0.47	-0.52	0.66	0.24	0.49	0.42	-0.03	-0.49	0.46	0.43	0.22	-0.11	0.2	0.23	0.01	-0.1
Total Liab	0.97	0.89	0.98	0.71	0.65	0.59	0.98		0.5	0.96	0.29	0.47	-0.54	0.75	0.18	0.51	0.38	-0.01	-0.55	0.4	0.42	0.15	-0.11	0.14	0.19	0.01	-0.09
Common Stock	0.57	0.62	0.38	0.67	0.17	0.46	0.48	0.5		0.55	0.88	0.64	-0.55	0.4	0.46	0.79	0.76	0.2	-0.71	0.68	0.8	0.52	-0.71	0.74	0.85	-0.69	-0.86
Property Plant Equipment	0.99	0.96	0.93	0.75	0.62	0.56	0.93	0.96	0.55		0.33	0.51	-0.54	0.72	0.29	0.64	0.48	-0.04	-0.65	0.48	0.54	0.23	-0.12	0.2	0.23	-0.02	-0.13
Current Deferred Revenue	0.34	0.39	0.15	0.6	0.22	0.19	0.32	0.29	0.88	0.33		0.4	-0.37	0.2	0.34	0.67	0.58	0.34	-0.42	0.69	0.62	0.7	-0.55	0.85	0.82	-0.79	-0.86
Net Receivables	0.6	0.67	0.38	0.71	-0.1	0.4	0.47	0.47	0.64	0.51	0.4		-0.47	0.52	0.53	0.7	0.69	-0.37	-0.76	0.45	0.72	0.39	-0.32	0.43	0.62	0.0	-0.33
Short Term Investments	-0.57	-0.56	-0.51	-0.58	-0.21	-0.5	-0.52	-0.54	-0.55	-0.54	-0.37	-0.47		-0.45	0.04	-0.31	-0.4	0.2	0.35	-0.05	-0.44	-0.14	0.43	-0.3	-0.4	0.19	0.33
Short Term Debt	0.78	0.78	0.71	0.77	0.59	0.38	0.66	0.75	0.4	0.72	0.2	0.52	-0.45		-0.03	0.5	0.17	-0.09	-0.62	0.13	0.25	0.07	-0.01	0.0	0.11	0.1	0.02
Treasury Stock	0.29	0.36	0.12	0.18	-0.34	0.32	0.24	0.18	0.46	0.29	0.34	0.53	0.04	-0.03		0.6	0.75	-0.25	-0.56	0.54	0.79	0.17	-0.51	0.35	0.45	-0.19	-0.35
Net Tangible Assets	0.67	0.78	0.38	0.78	0.29	0.27	0.49	0.51	0.79	0.64	0.67	0.7	-0.31	0.5	0.6		0.69	0.18	-0.84	0.8	0.85	0.58	-0.36	0.66	0.58	-0.42	-0.53
Deferred Long Term Liab	0.49	0.55	0.28	0.49	-0.21	0.51	0.42	0.38	0.76	0.48	0.58	0.69	-0.4	0.17	0.75	0.69		-0.14	-0.64	0.67	0.92	0.45	-0.62	0.52	0.79	-0.32	-0.63
Long Term Investments	-0.06	-0.08	-0.05	0.0	0.45	-0.14	-0.03	-0.01	0.2	-0.04	0.34	-0.37	0.2	-0.09	-0.25	0.18	-0.14		0.11	0.46	-0.05	0.32	-0.03	0.36	0.1	-0.59	-0.38
Short Long Term Debt	-0.69	-0.79	-0.46	-0.63	-0.12	-0.47	-0.49	-0.55	-0.71	-0.65	-0.42	-0.76	0.35	-0.62	-0.56	-0.84	-0.64	0.11		-0.49	-0.74	-0.18	0.44	-0.34	-0.41	0.22	0.35
Long Term Debt Total	0.47	0.52	0.28	0.55	0.25	0.17	0.46	0.4	0.68	0.48	0.69	0.45	-0.05	0.13	0.54	0.8	0.67	0.46	-0.49		0.7	0.78	-0.23	0.75	0.65	-0.47	-0.6
Capital Surpluse	0.56	0.65	0.31	0.59	-0.07	0.42	0.43	0.42	0.8	0.54	0.62	0.72	-0.44	0.25	0.79	0.85	0.92	-0.05	-0.74	0.7		0.45	-0.64	0.63	0.71	-0.42	-0.63
Cash And Equivalents	0.24	0.32	0.0	0.62	0.26	-0.2	0.22	0.15	0.52	0.23	0.7	0.39	-0.14	0.07	0.17	0.58	0.45	0.32	-0.18	0.78	0.45		0.04	0.81	0.65	-0.39	-0.53
Net Invested Capital	-0.13	-0.14	-0.07	-0.09	0.29	-0.44	-0.11	-0.11	-0.71	-0.12	-0.55	-0.32	0.43	-0.01	-0.51	-0.36	-0.62	-0.03	0.44	-0.23	-0.64	0.04		-0.43	-0.61	0.69	0.75
Net Working Capital	0.22	0.29	0.01	0.53	0.15	-0.14	0.2	0.14	0.74	0.2	0.85	0.43	-0.3	0.0	0.35	0.66	0.52	0.36	-0.34	0.75	0.63	0.81	-0.43		0.73	-0.75	-0.77
Capital Stock	0.27	0.31	0.07	0.51	-0.15	0.33	0.23	0.19	0.85	0.23	0.82	0.62	-0.4	0.11	0.45	0.58	0.79	0.1	-0.41	0.65	0.71	0.65	-0.61	0.73		-0.56	-0.89
Good Will	0.01	-0.03	0.1	-0.16	-0.15	0.04	0.01	0.01	-0.69	-0.02	-0.79	0.0	0.19	0.1	-0.19	-0.42	-0.32	-0.59	0.22	-0.47	-0.42	-0.39	0.69	-0.75	-0.56		0.86
Intangible Assets	-0.13	-0.17	0.02	-0.33	0.04	-0.23	-0.1	-0.09	-0.86	-0.13	-0.86	-0.33	0.33	0.02	-0.35	-0.53	-0.63	-0.38	0.35	-0.6	-0.63	-0.53	0.75	-0.77	-0.89	0.86

Click cells to compare fundamentals

To calculate a Z-Score, one would need to know a company's current working capital, its total assets and liabilities, and the amount of its latest earnings as well as earnings before interest and tax. Z-Scores can be used to compare the odds of bankruptcy of companies in a similar line of business or firms operating in the same industry. Companies with Z-Scores above 3.1 are generally considered to be stable and healthy with a low probability of bankruptcy. Scores that fall between 1.8 and 3.1 lie in a so-called 'grey area,' with scores of less than 1 indicating the highest probability of distress. Z Score is a used widely measure by financial auditors, accountants, money managers, loan processors, wealth advisers, and day traders. In the last 25 years, many financial models that utilize z-scores proved it to be successful as a predictor of corporate bankruptcy.

Competition

Predict Tsakos Energy

Based on the company's disclosures, Tsakos Energy Navigation has a Z Score of 0.0. This is 100.0% lower than that of the Oil, Gas & Consumable Fuels sector and 100.0% lower than that of the Energy industry. The z score for all United States stocks is 100.0% higher than that of the company.

Tsakos Z Score Peer Comparison

Stock peer comparison is one of the most widely used and accepted methods of equity analyses. It analyses Tsakos Energy's direct or indirect competition against its Z Score to detect undervalued stocks with similar characteristics or determine the stocks which would be a good addition to a portfolio. Peer analysis of Tsakos Energy could also be used in its relative valuation, which is a method of valuing Tsakos Energy by comparing valuation metrics of similar companies.

Tsakos Energy is currently under evaluation in z score category among its peers.

Tsakos Energy Current Valuation Drivers

We derive many important indicators used in calculating different scores of Tsakos Energy from analyzing Tsakos Energy's financial statements. These drivers represent accounts that assess Tsakos Energy's ability to generate profits relative to its revenue, operating costs, and shareholders' equity. Below are some of Tsakos Energy's important valuation drivers and their relationship over time.

	2019	2020	2021	2022	2023	2024 (projected)
Market Cap	387.0M	150.7M	142.3M	473.5M	655.6M	499.8M
Enterprise Value	1.8B	1.6B	1.5B	1.8B	1.9B	1.2B

Tsakos Energy ESG Sustainability

Some studies have found that companies with high sustainability scores are getting higher valuations than competitors with lower social-engagement activities. While most ESG disclosures are voluntary and do not directly affect the long term financial condition, Tsakos Energy's sustainability indicators can be used to identify proper investment strategies using environmental, social, and governance scores that are crucial to Tsakos Energy's managers, analysts, and investors.

Environmental

Governance

Social

Tsakos Energy Institutional Holders

Institutional Holdings refers to the ownership stake in Tsakos Energy that is held by large financial organizations, pension funds or endowments. Institutions may purchase large blocks of Tsakos Energy's outstanding shares and can exert considerable influence upon its management. Institutional holders may also work to push the share price higher once they own the stock. Extensive social media coverage, TV shows, articles in high-profile magazines, and presentations at investor conferences help move the stock higher, increasing Tsakos Energy's value.

		Shares
Gratia Capital, Llc	2024-09-30	159 K
Mirae Asset Global Etfs Holdings Ltd.	2024-06-30	152 K
Voloridge Investment Management, Llc	2024-09-30	120.5 K
Dorsey Wright	2024-09-30	119 K
Principal Financial Group Inc	2024-09-30	106.6 K
Goldman Sachs Group Inc	2024-06-30	105.7 K
Charles Schwab Investment Management Inc	2024-09-30	102.5 K
Glenorchy Capital Ltd	2024-09-30	102.5 K
Qube Research & Technologies	2024-06-30	101.7 K
Morgan Stanley - Brokerage Accounts	2024-06-30	651 K
Arrowstreet Capital Limited Partnership	2024-06-30	581.6 K

Tsakos Fundamentals

	Return On Equity	0.12
	Return On Asset	0.0456
	Profit Margin	0.24 %
	Operating Margin	0.33 %
	Current Valuation	1.97 B
	Shares Outstanding	29.51 M
	Shares Owned By Insiders	26.67 %
	Shares Owned By Institutions	22.35 %
	Number Of Shares Shorted	412.52 K
	Price To Earning	6.78 X
	Price To Book	0.34 X
	Price To Sales	0.68 X
	Revenue	889.57 M
	Gross Profit	427.47 M
	EBITDA	555.78 M
	Net Income	300.18 M
	Cash And Equivalents	859 M
	Cash Per Share	4.66 X
	Total Debt	1.6 B
	Current Ratio	1.18 X
	Book Value Per Share	57.76 X
	Cash Flow From Operations	395.28 M
	Short Ratio	1.23 X
	Earnings Per Share	5.66 X
	Price To Earnings To Growth	2.53 X
	Target Price	27.0
	Beta	-0.16
	Market Capitalization	557.66 M
	Total Asset	3.36 B
	Retained Earnings	548.24 M
	Working Capital	186.13 M
	Current Asset	2.31 B
	Current Liabilities	1.79 B
	Annual Yield	0.08 %
	Net Asset	3.36 B
	Last Dividend Paid	0.9

About Tsakos Energy Fundamental Analysis

The Macroaxis Fundamental Analysis modules help investors analyze Tsakos Energy Navigation's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of Tsakos Energy using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of Tsakos Energy Navigation based on its fundamental data. In general, a quantitative approach, as applied to this company, focuses on analyzing financial statements comparatively, whereas a qaualitative method uses data that is important to a company's growth but cannot be measured and presented in a numerical way.

Please read more on our fundamental analysis page.

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

0.82

Teekay

Pair Corr

Moving against Tsakos Stock

0.83	DTM	DT Midstream	Pair Corr
0.81	OKE	ONEOK Inc	Pair Corr
0.79	ET	Energy Transfer LP Aggressive Push	Pair Corr
0.79	KMI	Kinder Morgan Sell-off Trend	Pair Corr
0.78	LNG	Cheniere Energy Sell-off Trend	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 Tsakos Energy Piotroski F Score and Tsakos Energy Valuation analysis.

You can also try the Portfolio Backtesting module to avoid under-diversification and over-optimization by backtesting your portfolios.

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 Energy Navigation Stock Z Score

Tsakos Energy Navigation Company Z Score Analysis

Z Score

Sum Of

5 Factors

First Factor

1.2 * (

Working Capital

/

Total Assets )

Second Factor

1.4 * (

Retained Earnings

/

Total Assets )

Thrid Factor

3.3 * (

EBITAD

/

Total Assets )

Fouth Factor

0.6 * (

Market Value of Equity

/

Total Liabilities )

Fifth Factor

0.99 * (

Revenue

/

Total Assets )

Tsakos Z Score Driver Correlations

Tsakos Z Score Peer Comparison

Tsakos Energy Current Valuation Drivers

Tsakos Energy ESG Sustainability

Tsakos Energy Institutional Holders

Tsakos Fundamentals

About Tsakos Energy Fundamental Analysis

Pair Trading with Tsakos Energy

Moving together with Tsakos Stock

Moving against Tsakos Stock

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