Tsakos Energy Navigation (TEN) Capital Leases (2020 - 2022)

Tsakos Energy Navigation (TEN) has reported Capital Leases for 3 consecutive years, with $2.2 million the latest figure, recorded in Q4 2022.

• Quarterly Capital Leases fell 32.29% year-over-year to $2.2 million in Q4 2022, while the trailing twelve-month figure through Dec 2022 was $2.2 million (down 32.29% YoY) and the FY2022 annual result came in at $2.2 million, down 32.29% from the prior year.
• Capital Leases declined to $2.2 million in Q4 2022 per TEN's latest filing, from $3.2 million in the prior quarter.
• Over the last five years, Capital Leases for TEN reached as high as $3.7 billion in Q2 2021 and fell as low as $2.2 million in Q4 2022.
• A 3-year average of $928.2 million and a median of $3.7 million in 2020 frame the typical range for Capital Leases.
• Annual changes were most pronounced in 2021 — Capital Leases dropped 24.68% — and 2022, when it tumbled 32.29%.
• Year by year, Capital Leases stood at $4.2 million in 2020, then slipped by 24.68% to $3.2 million in 2021, then slumped by 32.29% to $2.2 million in 2022.
• According to Business Quant data, Capital Leases over the past three periods registered $2.2 million, $3.2 million, and $3.7 billion for Q4 2022, Q4 2021, and Q2 2021 respectively.