Return On Asset ratio Analysis of Tsakos Energy Navigation Ltd - Deep Dive
Birds's Eye
Fundamentals
Fundamentals
Technicals
MovingAverage
Candlestick
PivotPointLatest FY ROA
Period Ending - Dec-23
Good ROA
10.99
Period Ending - Dec-22
Indecisive ROA
6.17
Growth
77.96 %
Trailing Twelve Months ROA
Period Ending - Dec-23
Not Good ROA
4.58
Most recent Quarter ROA
Period Ending - Mar-24
Not Good ROA
0.944
ROA Analysis of Tsakos Energy Navigation Ltd
| ROA Ratio of TNP rose handsomely by 77.96 % this year. |
| ROA Ratio with value of 10.99 was highest in Year Dec-23 in last Five Years. |
| ROA Ratio with value of -5.23 was lowest in Year Dec-21 in last Five Years. |
| Latest ROA Ratio with value of 10.99 is Greater than Average ROA of 2.64 in last five years. |
Other ROA Related Info of TNP that may interest you.
Tsakos Energy Navigation Ltd Overview
| Code | Price | Previous Price | Price Change | Sector |
|---|---|---|---|---|
| TNP | 28.24 | 28.59 | 1.22 % | Oil & Gas Midstream |
Defination of Return On Asset
The return on assets (ROA) is a commonly used profitability ratio that shows how effectively a company uses its assets to generate profit. more ..
ROA Related Ratios
| ReturnOnEquity | AssetTurnoverRatio |
Tsr Profitability Index
| No Significant Profitability | |
FY - Historical Return On Asset of Tsakos Energy Navigation Ltd
| Period | Dec-23 | Dec-22 | Dec-21 | Dec-20 | Dec-19 | Dec-18 | Dec-17 |
|---|---|---|---|---|---|---|---|
| ROA | 10.99 | 6.17 | -5.23 | 0.771 | 0.480 | -3.10 | 0.226 |
| Change | 77.96 % | 218.03 % | -778.17 % | 60.81 % | 115.49 % | -1471.79 % | -86.74 % |
FY Chart of Return On Asset of Tsakos Energy Navigation Ltd
Note : All Data Generated at the End of Trading Hours (EOD Data)