Tsakos Energy Navigation''s Debt Insights
Over the past three months, shares of Tsakos Energy Navigation (NYSE: TNP ) moved lower by 11.93%. Before we understand the importance of debt, let us look at how much debt Tsakos Energy Navigation has. Tsakos Energy Navigation''s Debt Based on Tsakos Energy Navigation''s balance sheet as of April 16, 2021, long-term debt is at $1.27 billion and current debt is at $233.33 million, amounting to $1.51 billion in total debt. Adjusted for $160.47 million in cash-equivalents, the company''s net debt is at $1.35 billion. Let''s define some of the terms we used in the paragraph above. Current debt is the portion of a company''s debt which is due within 1 year, Full story available on Benzinga.com
Tsakos Energy Navigation''s Debt Insights
Over the past three months, shares of Tsakos Energy Navigation (NYSE: TNP ) moved lower by 11.93%. Before we understand the importance of debt, let us look at how much debt Tsakos Energy Navigation has. Tsakos Energy Navigation''s Debt Based on Tsakos Energy Navigation''s balance sheet as of April 16, 2021, long-term debt is at $1.27 billion and current debt is at $233.33 million, amounting to $1.51 billion in total debt. Adjusted for $160.47 million in cash-equivalents, the company''s net debt is at $1.35 billion. Let''s define some of the terms we used in the paragraph above. Current debt is the portion of a company''s debt which is due within 1 year, Full story available on Benzinga.com