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Asset Utilization RatioAssets AverageDebt RatioDebt to EquityEBIT MarginEBITDA MarginEBT MarginEnterprise ValueEquity AverageEquity RatioFCF MarginGross MarginInterest Coverage RatioInvested CapitalNet MarginOperating MarginReturn on AssetsReturn on Capital EmployedReturn on EquityReturn on SalesTimes Interest Earned

Tsakos Energy Navigation (TEN) Asset Utilization Ratio: 2009-2024

Historic Asset Utilization Ratio for Tsakos Energy Navigation (TEN) over the last 16 years, with Dec 2024 value amounting to 0.23.

  • Tsakos Energy Navigation's Asset Utilization Ratio fell 35.28% to 0.05 in Q3 2025 from the same period last year, while for Sep 2025 it was 0.05, marking a year-over-year decrease of 35.28%. This contributed to the annual value of 0.23 for FY2024, which is 14.70% down from last year.
  • As of FY2024, Tsakos Energy Navigation's Asset Utilization Ratio stood at 0.23, which was down 14.70% from 0.27 recorded in FY2023.
  • Tsakos Energy Navigation's Asset Utilization Ratio's 5-year high stood at 0.28 during FY2022, with a 5-year trough of 0.18 in FY2021.
  • Moreover, its 3-year median value for Asset Utilization Ratio was 0.27 (2023), whereas its average is 0.26.
  • As far as peak fluctuations go, Tsakos Energy Navigation's Asset Utilization Ratio skyrocketed by 52.56% in 2022, and later fell by 14.70% in 2024.
  • Over the past 5 years, Tsakos Energy Navigation's Asset Utilization Ratio (MRY) stood at 0.21 in 2020, then fell by 11.56% to 0.18 in 2021, then soared by 52.56% to 0.28 in 2022, then dropped by 3.88% to 0.27 in 2023, then dropped by 14.70% to 0.23 in 2024.
  • Its Asset Utilization Ratio was 0.23 in FY2024, compared to 0.27 in FY2023 and 0.28 in FY2022.