TOP Net Debt from 2010 to 2025

TOPS Stock

USD 6.88 0.15 2.23%

TOP Ships Net Debt yearly trend continues to be comparatively stable with very little volatility. Net Debt will likely drop to about 149.2 M in 2025. Net Debt is the total debt of TOP Ships minus its cash and cash equivalents. It represents the actual debt burden on the company after accounting for the liquid assets it holds. View All Fundamentals

Net Debt

First Reported

2004-03-31

Previous Quarter

210.9 M

Current Value

224.9 M

Quarterly Volatility

136.4 M

Housing Crash

Credit Downgrade

Yuan Drop

Covid

Check TOP Ships financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among TOP Ships' main balance sheet or income statement drivers, such as Depreciation And Amortization of 12.6 M, Interest Expense of 27.8 M or Total Revenue of 68.5 M, as well as many indicators such as Price To Sales Ratio of 0.47, Dividend Yield of 0.23 or PTB Ratio of 0.17. TOP financial statements analysis is a perfect complement when working with TOP Ships Valuation or Volatility modules.

Check out the analysis of TOP Ships Correlation against competitors.

For more information on how to buy TOP Stock please use our How to Invest in TOP Ships guide.

Latest TOP Ships' Net Debt Growth Pattern

Below is the plot of the Net Debt of TOP Ships over the last few years. It is the total debt of a company minus its cash and cash equivalents. It represents the actual debt burden on the company after accounting for the liquid assets it holds. TOP Ships' Net Debt historical data analysis aims to capture in quantitative terms the overall pattern of either growth or decline in TOP Ships' overall financial position and show how it may be relating to other accounts over time.

Net Debt

10 Years Trend

Slightly volatile

Compare to Others All Fundamentals

Net Debt

Timeline

TOP Net Debt Regression Statistics

	Arithmetic Mean	134,890,951
	Coefficient Of Variation	68.07
	Mean Deviation	74,290,582
	Median	149,246,109
	Standard Deviation	91,826,114
	Sample Variance	8432T
	Range	312.6M
	R-Value	0.58
	Mean Square Error	5984.8T
	R-Squared	0.34
	Significance	0.02
	Slope	11,205,709
	Total Sum of Squares	126480.5T

TOP Net Debt History

	2025	149.2 M
	2024	202.4 M
	2023	224.9 M
	2022	258.1 M
	2021	182 M
	2020	128.4 M
	2019	304.6 M

Other Fundumenentals of TOP Ships

Net Debt To E B I T D A

TOP Ships Net Debt component correlations

	Total Assets	Total Stockholder Equity	Net Debt	Retained Earnings	Accounts Payable	Long Term Debt	Net Receivables	Total Liab	Total Current Assets	Short Term Debt	Common Stock	Property Plant Equipment	Current Deferred Revenue	Net Tangible Assets	Long Term Debt Total	Capital Surpluse	Deferred Long Term Liab	Short Long Term Debt	Short Term Investments	Long Term Investments	Net Invested Capital	Net Working Capital	Capital Stock
Total Assets		0.88	0.95	-0.49	0.0	0.85	0.08	0.96	0.66	0.21	0.02	0.97	0.76	0.77	0.82	0.79	0.58	0.55	-0.81	0.76	0.82	-0.41	0.72
Total Stockholder Equity	0.88		0.71	-0.48	-0.21	0.85	0.18	0.72	0.51	-0.15	-0.02	0.86	0.76	0.89	0.83	0.86	0.69	0.37	-0.8	0.83	0.79	-0.23	0.81
Net Debt	0.95	0.71		-0.41	0.12	0.78	0.0	0.99	0.62	0.38	0.01	0.93	0.7	0.6	0.71	0.65	0.45	0.56	-0.72	0.62	0.76	-0.48	0.61
Retained Earnings	-0.49	-0.48	-0.41		-0.07	-0.38	-0.23	-0.44	-0.46	-0.01	-0.33	-0.38	-0.32	-0.47	-0.45	-0.47	-0.54	-0.4	0.46	-0.52	-0.27	0.25	-0.23
Accounts Payable	0.0	-0.21	0.12	-0.07		-0.33	0.05	0.13	-0.16	0.64	0.13	-0.02	-0.13	-0.34	-0.39	-0.32	-0.26	-0.1	0.27	-0.29	-0.3	-0.07	-0.37
Long Term Debt	0.85	0.85	0.78	-0.38	-0.33		-0.05	0.76	0.51	-0.25	-0.25	0.85	0.73	0.79	0.86	0.86	0.71	0.53	-0.82	0.75	0.95	-0.4	0.79
Net Receivables	0.08	0.18	0.0	-0.23	0.05	-0.05		0.01	0.21	-0.03	0.59	-0.03	-0.14	0.31	0.21	0.16	0.11	-0.18	-0.23	0.34	-0.18	0.44	-0.05
Total Liab	0.96	0.72	0.99	-0.44	0.13	0.76	0.01		0.69	0.4	0.04	0.93	0.67	0.61	0.73	0.67	0.46	0.59	-0.72	0.63	0.74	-0.47	0.58
Total Current Assets	0.66	0.51	0.62	-0.46	-0.16	0.51	0.21	0.69		0.18	0.36	0.52	0.26	0.61	0.78	0.66	0.5	0.75	-0.68	0.73	0.43	-0.36	0.28
Short Term Debt	0.21	-0.15	0.38	-0.01	0.64	-0.25	-0.03	0.4	0.18		0.21	0.22	0.0	-0.23	-0.19	-0.22	-0.39	-0.01	0.16	-0.21	-0.15	-0.05	-0.18
Common Stock	0.02	-0.02	0.01	-0.33	0.13	-0.25	0.59	0.04	0.36	0.21		-0.15	-0.08	0.17	0.09	0.09	-0.11	0.25	-0.22	0.31	-0.36	-0.16	-0.29
Property Plant Equipment	0.97	0.86	0.93	-0.38	-0.02	0.85	-0.03	0.93	0.52	0.22	-0.15		0.76	0.69	0.74	0.71	0.48	0.4	-0.71	0.63	0.87	-0.32	0.79
Current Deferred Revenue	0.76	0.76	0.7	-0.32	-0.13	0.73	-0.14	0.67	0.26	0.0	-0.08	0.76		0.66	0.62	0.68	0.55	0.36	-0.75	0.62	0.72	-0.53	0.68
Net Tangible Assets	0.77	0.89	0.6	-0.47	-0.34	0.79	0.31	0.61	0.61	-0.23	0.17	0.69	0.66		0.84	0.97	0.73	0.49	-0.84	0.96	0.65	-0.29	0.61
Long Term Debt Total	0.82	0.83	0.71	-0.45	-0.39	0.86	0.21	0.73	0.78	-0.19	0.09	0.74	0.62	0.84		0.88	0.75	0.62	-0.93	0.89	0.79	-0.34	0.68
Capital Surpluse	0.79	0.86	0.65	-0.47	-0.32	0.86	0.16	0.67	0.66	-0.22	0.09	0.71	0.68	0.97	0.88		0.77	0.62	-0.87	0.94	0.73	-0.42	0.6
Deferred Long Term Liab	0.58	0.69	0.45	-0.54	-0.26	0.71	0.11	0.46	0.5	-0.39	-0.11	0.48	0.55	0.73	0.75	0.77		0.56	-0.69	0.76	0.53	-0.34	0.44
Short Long Term Debt	0.55	0.37	0.56	-0.4	-0.1	0.53	-0.18	0.59	0.75	-0.01	0.25	0.4	0.36	0.49	0.62	0.62	0.56		-0.62	0.63	0.39	-0.81	0.1
Short Term Investments	-0.81	-0.8	-0.72	0.46	0.27	-0.82	-0.23	-0.72	-0.68	0.16	-0.22	-0.71	-0.75	-0.84	-0.93	-0.87	-0.69	-0.62		-0.91	-0.74	0.52	-0.62
Long Term Investments	0.76	0.83	0.62	-0.52	-0.29	0.75	0.34	0.63	0.73	-0.21	0.31	0.63	0.62	0.96	0.89	0.94	0.76	0.63	-0.91		0.6	-0.41	0.53
Net Invested Capital	0.82	0.79	0.76	-0.27	-0.3	0.95	-0.18	0.74	0.43	-0.15	-0.36	0.87	0.72	0.65	0.79	0.73	0.53	0.39	-0.74	0.6		-0.33	0.89
Net Working Capital	-0.41	-0.23	-0.48	0.25	-0.07	-0.4	0.44	-0.47	-0.36	-0.05	-0.16	-0.32	-0.53	-0.29	-0.34	-0.42	-0.34	-0.81	0.52	-0.41	-0.33		-0.09
Capital Stock	0.72	0.81	0.61	-0.23	-0.37	0.79	-0.05	0.58	0.28	-0.18	-0.29	0.79	0.68	0.61	0.68	0.6	0.44	0.1	-0.62	0.53	0.89	-0.09

Click cells to compare fundamentals

About TOP Ships Financial Statements

TOP Ships shareholders use historical fundamental indicators, such as Net Debt, to determine how well the company is positioned to perform in the future. Although TOP Ships investors may analyze each financial statement separately, they are all interrelated. The changes in TOP Ships' assets and liabilities, for example, are also reflected in the revenues and expenses on on TOP Ships' income statement. Understanding these patterns can help investors time the market effectively. Please read more on our fundamental analysis page.

	Last Reported	Projected for Next Year
Net Debt	202.4 M	149.2 M
Net Debt To EBITDA	4.70	4.93

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TOP Net Debt from 2010 to 2025

Latest TOP Ships' Net Debt Growth Pattern

TOP Net Debt Regression Statistics

TOP Net Debt History

Other Fundumenentals of TOP Ships

TOP Ships Net Debt component correlations

About TOP Ships Financial Statements

Thematic Opportunities

Explore Investment Opportunities

Additional Tools for TOP Stock Analysis

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