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
DateValue
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