Altman Z Score Analysis of Tsakos Energy Navigation Ltd - Deep Dive
Birds's Eye
Fundamentals
Fundamentals
Technicals
MovingAverage
Candlestick
PivotPointLatest FY Altman Z Score
Period Ending - Dec-23
Poor Altman Z Score
0.808
Period Ending - Dec-22
Poor Altman Z Score
0.526
Growth
53.53 %
Latest Altman Z Score
Period Ending - 31-May-24
Poor Altman Z Score
1.13
Key Inputs in Deriving Altman Z Score
| (Net Working Capital / Total Assets ) * 1.2 ( 18.61 Cr / 336.41 Cr ) * 1.2 | 0.066 |
| (Retained Earning / Total Assets ) * 1.4 ( 54.82 Cr / 336.41 Cr ) * 1.4 | 0.228 |
| (EBIT / Total Assets ) * 3.3 ( 23.89 Cr / 336.41 Cr ) * 3.3 | 0.234 |
| (Total Revenue / Total Assets ) ( 93.96 Cr / 336.41 Cr ) | 0.279 |
| (Market Cap / Total Liabilities ) *.6 ( 92.06 Cr / 171.14 Cr ) *.6 | 0.323 |
| Altman Z Score | 1.13 |
Altman Z Score Analysis of Tsakos Energy Navigation Ltd
| Altman Z Score Ratio with value of 0.808 was highest in Year Dec-23 in last Five Years. |
| Altman Z Score Ratio with value of 0.094 was lowest in Year Dec-21 in last Five Years. |
| Latest Altman Z Score Ratio with value of 0.808 is Greater than Average Altman Z Score of 0.460 in last five years. |
Other Altman Z Score Related Info of TNP that may interest you.
Tsakos Energy Navigation Ltd Overview
| Code | Price | Previous Price | Price Change | Sector |
|---|---|---|---|---|
| TNP | 31.2 | 31.01 | 0.613 % | Oil & Gas Midstream |
Defination of Altman Z Score
Altman Z Score is a widely used metric by analysts and investors to analyze companies' financial position. It indicates that the companies' risks were increasing, and they may have been heading towards bankruptcy. It does not only indicate whether companies are moving towards bankruptcy, but it also indicates how financially stable and healthy they are. more ..
Altman Z Score Related Ratios
| PiotroskiFScore | DebtToEquityRatio |
Tsr Stability Index
| Low Stability Stock | |
FY - Historical Altman Z Score of Tsakos Energy Navigation Ltd
| Period | Dec-23 | Dec-22 | Dec-21 | Dec-20 | Dec-19 | Dec-18 | Dec-17 |
|---|---|---|---|---|---|---|---|
| Altman Z Score | 0.808 | 0.526 | 0.094 | 0.414 | 0.455 | 0.336 | 0.440 |
| Change | 53.53 % | 460.98 % | -77.34 % | -9.05 % | 35.47 % | -23.62 % | -10.18 % |
FY Chart of Altman Z Score of Tsakos Energy Navigation Ltd
Note : All Data Generated at the End of Trading Hours (EOD Data)