RevenueNet IncomeP/EP/SEBITDividendStocksMarket capitalizationDebtLiabilitiesEquityAAQSEmployeesROEROAROCE
Tsakos Energy Navigation Stock

Tsakos Energy Navigation ROCE 2024

Tsakos Energy Navigation ROCE

0.21

Ticker

TNP

ISIN

BMG9108L1735

WKN

A2P7ML

In 2024, Tsakos Energy Navigation's return on capital employed (ROCE) was 0.21, a 19.22% increase from the 0.17 ROCE in the previous year.

Tsakos Energy Navigation Aktienanalyse

What does Tsakos Energy Navigation do?

Tsakos Energy Navigation (TEN) Ltd. is a global shipping and energy company headquartered in Athens, Greece. The company was founded in 1993 by the Tsakos family and has been listed on the New York Stock Exchange since 2002. TEN's history began in the 1960s when the Tsakos family invested in shipping. Since then, the company has established a strong presence in the maritime transportation sector and is now one of the largest independent shipping companies in the world. TEN's business model is focused on the transportation of crude oil, gas, and petroleum products. The company owns and operates a fleet of modern vessels suitable for the transportation of liquefied gas, crude oil products, and chemical shipping. The ships are operated by trained mariners and engineers and are equipped with state-of-the-art technology to ensure passenger safety and environmental protection. TEN is divided into different business segments to ensure targeted and effective service to its customers. These segments include cargo shipping, offshore business, and energy services. TEN's cargo shipping segment focuses on the transportation of crude oil, liquefied gas, propylene, butane, and other chemical products. The company has a fleet of modern supertankers and gas and chemical carriers that enable it to operate worldwide. TEN's offshore business segment includes the use of offshore supply vessels for oil and gas platforms and subsea shipping. The supply vessels play an essential role in supplying fresh water, fuel, food, materials, and equipment to oil and gas drilling rigs. The energy services offered by TEN encompass a variety of services for the energy and oil sectors. TEN provides towing, search and rescue, ship management, and technical services to oil and gas producers, government authorities, as well as the processing and refining industry. The products and services offered by TEN are essential for an international and growing global economy. The company transports thousands of tons of raw materials and chemicals daily, which are necessary for the advancement of industry and daily life. In conclusion, Tsakos Energy Navigation Ltd. is a globally operating company specializing in the transportation of crude oil, liquefied gas, and chemical products. With its diverse business segments and modern fleet, TEN has everything it takes to provide reliable and efficient service to its customers. Tsakos Energy Navigation ist eines der beliebtesten Unternehmen auf Eulerpool.com.

ROCE Details

Unraveling Tsakos Energy Navigation's Return on Capital Employed (ROCE)

Tsakos Energy Navigation's Return on Capital Employed (ROCE) is a financial metric that measures the company's profitability and efficiency with respect to the capital employed. It is calculated by dividing earnings before interest and tax (EBIT) by the employed capital. A higher ROCE indicates that the company is effectively utilizing its capital to generate profits.

Year-to-Year Comparison

Analyzing Tsakos Energy Navigation's ROCE annually provides valuable insights into its efficiency in using its capital to generate profits. An increasing ROCE indicates improved profitability and operational efficiency, whereas a decrease might signal potential issues in capital utilization or business operations.

Impact on Investments

Tsakos Energy Navigation's ROCE is a critical factor for investors and analysts for evaluating the company’s efficiency and profitability. A higher ROCE can make the company an attractive investment, as it often signifies that the firm is generating adequate profits from its employed capital.

Interpreting ROCE Fluctuations

Changes in Tsakos Energy Navigation’s ROCE are attributed to variations in EBIT or the capital employed. These fluctuations offer insights into the company’s operational efficiency, financial performance, and strategic financial management, assisting investors in making informed investment decisions.

Frequently Asked Questions about Tsakos Energy Navigation stock

What is the ROCE (Return on Capital Employed) of Tsakos Energy Navigation this year?

The ROCE of Tsakos Energy Navigation is 0.21 undefined this year.

How has the ROCE (Return on Capital Employed) of Tsakos Energy Navigation developed compared to the previous year?

The ROCE of Tsakos Energy Navigation has increased by 19.22% increased compared to the previous year.

What does a high ROCE (Return on Capital Employed) mean for investors of Tsakos Energy Navigation?

A high Return on Capital Employed (ROCE) indicates that Tsakos Energy Navigation has efficient capital utilization and is able to achieve a higher return on its invested capital. This can be appealing to investors.

What does a low ROCE (Return on Capital Employed) mean for investors of Tsakos Energy Navigation?

A low ROCE (Return on Capital Employed) can indicate that Tsakos Energy Navigation has an inefficient utilization of its capital and may have difficulty in achieving a satisfactory return on its invested capital. This can be uncertain or unattractive for investors.

How does an increase in ROCE from Tsakos Energy Navigation impact the company?

An increase in the ROCE of Tsakos Energy Navigation can be an indicator of improved company efficiency and show that it is achieving higher profits in relation to its investments.

How does a reduction in the ROCE of Tsakos Energy Navigation affect the company?

A decrease in ROCE of Tsakos Energy Navigation can be an indicator of deteriorated efficiency of the company, indicating that it is generating lower profits in relation to its investments.

What are some factors that can influence the ROCE of Tsakos Energy Navigation?

Some factors that can affect Tsakos Energy Navigation's ROCE include efficiency in managing assets, profitability of investments, cost efficiency, and market conditions.

Why is the ROCE of Tsakos Energy Navigation so important for investors?

The ROCE of Tsakos Energy Navigation is important for investors as it is an indicator of the company's efficiency and shows how successful the company is in relation to its investments. A high ROCE can indicate strong financial performance of the company.

What strategic measures can Tsakos Energy Navigation take to improve the ROCE?

To improve the ROCE, Tsakos Energy Navigation can take measures such as increasing efficiency in asset management, optimizing investments, cost savings, and exploring new revenue sources. It is important for the company to conduct a thorough review of its operations to determine the best strategic actions to improve the ROCE.

How much dividend does Tsakos Energy Navigation pay?

Over the past 12 months, Tsakos Energy Navigation paid a dividend of 1 USD . This corresponds to a dividend yield of about 3.86 %. For the coming 12 months, Tsakos Energy Navigation is expected to pay a dividend of 1.09 USD.

What is the dividend yield of Tsakos Energy Navigation?

The current dividend yield of Tsakos Energy Navigation is 3.86 %.

When does Tsakos Energy Navigation pay dividends?

Tsakos Energy Navigation pays a quarterly dividend. This is distributed in the months of July, November, January, August.

How secure is the dividend of Tsakos Energy Navigation?

Tsakos Energy Navigation paid dividends every year for the past 23 years.

What is the dividend of Tsakos Energy Navigation?

For the upcoming 12 months, dividends amounting to 1.09 USD are expected. This corresponds to a dividend yield of 4.21 %.

In which sector is Tsakos Energy Navigation located?

Tsakos Energy Navigation is assigned to the 'Energy' sector.

Wann musste ich die Aktien von Tsakos Energy Navigation kaufen, um die vorherige Dividende zu erhalten?

To receive the latest dividend of Tsakos Energy Navigation from 7/18/2024 amounting to 0.6 USD, you needed to have the stock in your portfolio before the ex-date on 7/12/2024.

When did Tsakos Energy Navigation pay the last dividend?

The last dividend was paid out on 7/18/2024.

What was the dividend of Tsakos Energy Navigation in the year 2023?

In the year 2023, Tsakos Energy Navigation distributed 0.25 USD as dividends.

In which currency does Tsakos Energy Navigation pay out the dividend?

The dividends of Tsakos Energy Navigation are distributed in USD.

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Andere Kennzahlen von Tsakos Energy Navigation

Our stock analysis for Tsakos Energy Navigation Revenue stock includes important financial indicators such as revenue, profit, P/E ratio, P/S ratio, EBIT, as well as information on dividends. We also assess aspects such as stocks, market capitalization, debt, equity, and liabilities of Tsakos Energy Navigation Revenue. If you are looking for more detailed information on these topics, we offer comprehensive analyses on our subpages.