Is TSAKOS ENERGY NAVIGATION LTD (TEN) Halal?
Shariah Screening — 5 Standards
Based on financial data from December 2024
| Standard | Debt Ratio | Cash Ratio | Receivables | Income | Status |
|---|---|---|---|---|---|
| AAOIFI | 154.2% / 30% | 32.8% / 30% | 3.2% / 30% | 1.88% / 5% | ✗ NOT HALAL |
| DJIM | 154.2% / 33% | 32.8% / 33% | 3.2% / 33% | 1.88% / 5% | ✗ NOT HALAL |
| MSCI | 43.6% / 33% | 9.3% / 33% | 0.9% / 33% | 1.88% / 5% | ✗ NOT HALAL |
| S&P | 154.2% / 33% | 32.8% / 33% | 3.2% / 33% | 1.88% / 5% | ✗ NOT HALAL |
| FTSE | 43.6% / 33% | 9.3% / 33% | 0.9% / 50% | 1.88% / 5% | ✗ NOT HALAL |
Financial Highlights
Profitability
| Gross Margin | 56.6% | |
| Operating Margin | 36.6% | |
| Net Margin | 20.1% | |
| Return on Equity (ROE) | 9.1% | |
| Return on Assets (ROA) | 3.9% |
Cash Flow & Balance Sheet
| Operating Cash Flow | $308M |
| Free Cash Flow | -$342M |
| Total Debt | $1.6B |
| Debt-to-Equity | 103.1 |
| Total Assets | $3.7B |
Price & Trading
| Last Close | $38.17 |
| 50-Day MA | $31.51 |
| 200-Day MA | $24.46 |
| Avg Volume | 454K |
| Beta | -0.3 |
|
52-Week Range
$13.40
| |
About TSAKOS ENERGY NAVIGATION LTD (TEN)
Tsakos Energy Navigation Limited provides seaborne crude oil and petroleum product transportation services worldwide. The company offers marine transportation services for national, major, and other independent oil companies and refiners under long, medium, and short-term charters. It also operates a fleet of double-hull vessels, such as conventional tankers, LNG carriers, and suezmax DP2 shuttle tankers. The company was formerly known as MIF Limited and changed its name to Tsakos Energy Navigation Limited in July 2001. The company was incorporated in 1993 and is based in Athens, Greece.
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Frequently Asked Questions
Is TSAKOS ENERGY NAVIGATION LTD (TEN) halal to invest in?
Based on our screening using AAOIFI Standard 21 (the strictest methodology), TSAKOS ENERGY NAVIGATION LTD is Not Halal. The company fails one or more screening criteria. We screen against all 5 major standards: AAOIFI, DJIM, MSCI, S&P, and FTSE.
What is TSAKOS ENERGY NAVIGATION LTD's debt ratio?
TSAKOS ENERGY NAVIGATION LTD's debt ratio is 154.2% under the AAOIFI standard (which uses market capitalization as the denominator). The AAOIFI threshold is 30%. Under MSCI and FTSE (which use total assets as the denominator), the debt ratio is 43.6%.
What are TSAKOS ENERGY NAVIGATION LTD's key financial metrics?
TSAKOS ENERGY NAVIGATION LTD has a market capitalization of $1.1B, trailing P/E ratio of 12.1, and revenue of $804M. The company maintains a gross margin of 56.6% and a net margin of 20.1%. Return on equity stands at 9.1%.
How often is the screening data updated?
Our screening data is updated regularly using the latest available financial statements and market data. Stock prices and market caps are refreshed frequently, while financial statements are updated quarterly when companies report earnings.
Disclaimer: HalalStockGuide.com provides Shariah compliance screening for educational and informational purposes only. This is not a fatwa, financial advice, or a recommendation to buy or sell any security. Screening results are based on publicly available financial data and established methodologies. Always consult a qualified Islamic scholar and a licensed financial advisor before making investment decisions.