Tsakos Energy Navigation (TEN) Change in Accured Expenses (2009 - 2019)
Tsakos Energy Navigation (TEN) posted quarterly Change in Accured Expenses of $2.2 million for Q2 2019, up 151.36% year-on-year from $876818.5 in Q2 2018, and up 144.04% on a QoQ basis from -$5.0 million in Q1 2019.
Tsakos Energy Navigation (TEN) Change in Accured Expenses (2009 - 2019) Analysis & Trends
Tsakos Energy Navigation (TEN) has reported Change in Accured Expenses for 11 consecutive years, with $2.2 million the latest figure, recorded in Q2 2019.
- Quarterly Change in Accured Expenses rose 151.36% year-over-year to $2.2 million in Q2 2019, while the trailing twelve-month figure through Jun 2019 was -$1.9 million (down 146.53% YoY) and the FY2025 annual result came in at $18.2 million, up 76.61% from the prior year.
- Change in Accured Expenses grew to $2.2 million in Q2 2019 per TEN's latest filing, from -$5.0 million in the prior quarter.
- Over the last five years, Change in Accured Expenses for TEN reached as high as $10.3 million in Q2 2015 and fell as low as -$17.0 million in Q3 2015.
- A 5-year average of $119416.7 and a median of $1.5 million in 2017 frame the typical range for Change in Accured Expenses.
- Annual changes were most pronounced in 2016 — Change in Accured Expenses surged 299.78% — and 2018, when it slumped 581.05%.
- Year by year, Change in Accured Expenses stood at $296000.0 in 2015, then jumped by 1475.0% to $4.7 million in 2016, then slumped by 80.87% to $892000.0 in 2017, then sank by 581.05% to -$4.3 million in 2018, then soared by 151.36% to $2.2 million in 2019.
- According to Business Quant data, Change in Accured Expenses over the past three periods registered $2.2 million, -$5.0 million, and -$4.3 million for Q2 2019, Q1 2019, and Q2 2018 respectively.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Change in Accured Expenses (Qtr) |
|---|---|---|---|---|---|
| 1 | DHT Holdings | 2,941.98 Bn | 2,941.86 Bn | 167.16 Mn | - |
| 2 | Flex LNG | 1,637.38 Bn | 1,636.99 Bn | 61.79 Mn | 9.43 Mn |
| 3 | Enbridge | 122.24 Bn | 120.91 Bn | 6.70 Bn | - |
| 4 | Kinder Morgan | 113.36 Bn | 113.24 Bn | 3.07 Bn | 174.00 Mn |
| 5 | Enterprise Products Partners | 82.90 Bn | 81.71 Bn | - | - |
| 6 | Tc Energy | 72.06 Bn | 66.37 Bn | 1.36 Bn | - |
| 7 | Energy Transfer | 69.55 Bn | 68.57 Bn | 6.62 Bn | - |
| 8 | Mplx | 59.71 Bn | 58.21 Bn | 1.95 Bn | -15.00 Mn |
| 9 | Targa Resources | 58.99 Bn | 58.89 Bn | 1.70 Bn | -161.20 Mn |
| 10 | Tsakos Energy Navigation | 1.17 Bn | 1.17 Bn | 199.70 Mn | - |
Historic Data
Download Data| Date | Value |
|---|---|
| Jun 30, 2019 | 2.20 Mn |
| Jun 30, 2019 | 2.20 Mn |
| Mar 31, 2019 | -5.01 Mn |
| Mar 31, 2019 | -5.01 Mn |
| Jun 30, 2018 | -4.29 Mn |
| Jun 30, 2018 | -4.29 Mn |
| Mar 31, 2018 | 5.16 Mn |
| Mar 31, 2018 | 5.16 Mn |
| Jun 30, 2017 | 892,000.00 |
| Jun 30, 2017 | 892,000.00 |
| Mar 31, 2017 | 2.39 Mn |
| Mar 31, 2017 | 2.39 Mn |
| Jun 30, 2016 | 4.66 Mn |
| Jun 30, 2016 | 4.66 Mn |
| Mar 31, 2016 | 3.60 Mn |
| Mar 31, 2016 | 3.60 Mn |
| Dec 31, 2015 | 296,000.00 |
| Dec 31, 2015 | 296,000.00 |
| Sep 30, 2015 | -17.03 Mn |
| Sep 30, 2015 | -17.03 Mn |