TOP Long Term Debt vs Common Stock Analysis

TOPS Stock

USD 6.88 0.15 2.23%

TOP Ships financial indicator trend analysis is much more than just breaking down TOP Ships prevalent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether TOP Ships is a good investment. Please check the relationship between TOP Ships Long Term Debt and its Common Stock accounts. Check out World Market Map to better understand how to build diversified portfolios, which includes a position in TOP Ships. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in american community survey.

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

Long Term Debt vs Common Stock

Long Term Debt vs Common Stock Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of TOP Ships Long Term Debt account and Common Stock. At this time, the significance of the direction appears to have significant contrarian relationship.

The correlation between TOP Ships' Long Term Debt and Common Stock is -0.25. Overlapping area represents the amount of variation of Long Term Debt that can explain the historical movement of Common Stock in the same time period over historical financial statements of TOP Ships, assuming nothing else is changed. The correlation between historical values of TOP Ships' Long Term Debt and Common Stock is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Long Term Debt of TOP Ships are associated (or correlated) with its Common Stock. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Common Stock has no effect on the direction of Long Term Debt i.e., TOP Ships' Long Term Debt and Common Stock go up and down completely randomly.

Correlation Coefficient

-0.25

Relationship Direction	Negative
Relationship Strength	Insignificant

View All Relationships

Long Term Debt

Long-term debt is a debt that TOP Ships has held for over one year. Long-term debt appears on TOP Ships balance sheet and also includes long-term leases. The most common forms of long term debt are bonds payable, long-term notes payable, mortgage payable, pension liabilities, and lease liabilities. In the corporate world, long-term debt is generally used to fund big-ticket items, such as machinery, buildings, and land. The total of long-term debt reported on TOP Ships balance sheet is the sum of the balances of all categories of long-term debt. Debt that is not due within the current year and is often considered to be financing activities that are to be repaid over several years.

Common Stock

Most indicators from TOP Ships' fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into TOP Ships current financial condition. On the other hand, looking into the entire matrix of fundamental ratios indicators, and analyzing their relationships over time can provide a more complete picture of the company financial strength now and in the future. Check out World Market Map to better understand how to build diversified portfolios, which includes a position in TOP Ships. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in american community survey.

For more information on how to buy TOP Stock please use our How to Invest in TOP Ships guide.At this time, TOP Ships' Selling General Administrative is comparatively stable compared to the past year. Sales General And Administrative To Revenue is likely to gain to 0.12 in 2025, whereas Issuance Of Capital Stock is likely to drop slightly above 14.8 M in 2025.

	2022	2023	2024	2025 (projected)
Interest Expense	14.4M	23.0M	26.4M	27.8M
Depreciation And Amortization	13.3M	14.3M	12.9M	12.6M

Interest Expense Depreciation And Amortization

TOP Ships fundamental ratios Correlations

	Total Assets	Short Long Term Debt Total	Other Current Liab	Total Current Liabilities	Total Stockholder Equity	Property Plant And Equipment Net	Net Debt	Retained Earnings	Accounts Payable	Cash	Non Current Assets Total	Non Currrent Assets Other	Other Assets	Long Term Debt	Cash And Short Term Investments	Net Receivables	Common Stock Total Equity	Non Current Liabilities Total	Inventory	Other Current Assets	Other Stockholder Equity	Total Liab	Property Plant And Equipment Gross	Total Current Assets	Short Term Debt	Common Stock
Total Assets		0.98	0.3	0.26	0.88	0.99	0.95	-0.49	0.0	0.53	0.99	-0.04	0.09	0.85	0.54	0.08	0.65	0.87	0.69	0.33	0.71	0.96	0.99	0.66	0.21	0.02
Short Long Term Debt Total	0.98		0.35	0.36	0.77	0.97	0.99	-0.43	0.06	0.41	0.97	-0.04	0.04	0.82	0.43	0.02	0.54	0.82	0.63	0.38	0.61	0.99	0.97	0.64	0.32	-0.02
Other Current Liab	0.3	0.35		0.8	-0.04	0.27	0.41	-0.13	0.6	-0.26	0.25	0.13	0.14	-0.08	-0.25	-0.04	0.11	-0.07	-0.03	0.68	0.1	0.48	0.25	0.49	0.73	0.34
Total Current Liabilities	0.26	0.36	0.8		-0.11	0.26	0.42	-0.05	0.67	-0.31	0.24	0.21	0.01	-0.21	-0.29	-0.03	0.02	-0.22	-0.19	0.44	0.0	0.45	0.26	0.23	0.99	0.24
Total Stockholder Equity	0.88	0.77	-0.04	-0.11		0.88	0.71	-0.48	-0.21	0.74	0.89	-0.08	0.1	0.85	0.74	0.18	0.73	0.88	0.72	0.02	0.75	0.72	0.88	0.51	-0.15	-0.02
Property Plant And Equipment Net	0.99	0.97	0.27	0.26	0.88		0.95	-0.43	0.03	0.52	1.0	-0.06	0.01	0.85	0.53	0.02	0.61	0.86	0.68	0.22	0.66	0.95	1.0	0.55	0.22	-0.07
Net Debt	0.95	0.99	0.41	0.42	0.71	0.95		-0.41	0.12	0.31	0.94	-0.01	0.07	0.78	0.32	0.0	0.49	0.78	0.6	0.44	0.57	0.99	0.94	0.62	0.38	0.01
Retained Earnings	-0.49	-0.43	-0.13	-0.05	-0.48	-0.43	-0.41		-0.07	-0.27	-0.46	-0.22	-0.41	-0.38	-0.26	-0.23	-0.42	-0.43	-0.35	-0.32	-0.89	-0.44	-0.4	-0.46	-0.01	-0.33
Accounts Payable	0.0	0.06	0.6	0.67	-0.21	0.03	0.12	-0.07		-0.51	0.02	0.55	0.35	-0.33	-0.5	0.05	-0.38	-0.35	-0.39	0.16	-0.04	0.13	-0.01	-0.16	0.64	0.13
Cash	0.53	0.41	-0.26	-0.31	0.74	0.52	0.31	-0.27	-0.51		0.53	-0.31	-0.26	0.64	1.0	0.11	0.62	0.64	0.72	-0.28	0.51	0.36	0.55	0.44	-0.3	-0.29
Non Current Assets Total	0.99	0.97	0.25	0.24	0.89	1.0	0.94	-0.46	0.02	0.53		-0.03	0.06	0.86	0.54	0.05	0.62	0.87	0.7	0.24	0.69	0.95	0.99	0.58	0.2	-0.04
Non Currrent Assets Other	-0.04	-0.04	0.13	0.21	-0.08	-0.06	-0.01	-0.22	0.55	-0.31	-0.03		0.45	-0.19	-0.29	0.01	-0.48	-0.14	-0.16	0.0	0.13	-0.02	-0.06	-0.17	0.2	-0.04
Other Assets	0.09	0.04	0.14	0.01	0.1	0.01	0.07	-0.41	0.35	-0.26	0.06	0.45		-0.02	-0.25	0.39	0.04	0.03	-0.07	0.42	0.36	0.08	-0.01	0.22	-0.04	0.53
Long Term Debt	0.85	0.82	-0.08	-0.21	0.85	0.85	0.78	-0.38	-0.33	0.64	0.86	-0.19	-0.02		0.65	-0.05	0.52	0.99	0.8	0.09	0.64	0.76	0.86	0.51	-0.25	-0.25
Cash And Short Term Investments	0.54	0.43	-0.25	-0.29	0.74	0.53	0.32	-0.26	-0.5	1.0	0.54	-0.29	-0.25	0.65		0.11	0.62	0.65	0.73	-0.27	0.5	0.37	0.56	0.45	-0.29	-0.29
Net Receivables	0.08	0.02	-0.04	-0.03	0.18	0.02	0.0	-0.23	0.05	0.11	0.05	0.01	0.39	-0.05	0.11		0.3	0.0	-0.13	0.18	0.24	0.01	0.02	0.21	-0.03	0.59
Common Stock Total Equity	0.65	0.54	0.11	0.02	0.73	0.61	0.49	-0.42	-0.38	0.62	0.62	-0.48	0.04	0.52	0.62	0.3		0.56	0.57	0.22	0.59	0.53	0.61	0.62	-0.01	0.39
Non Current Liabilities Total	0.87	0.82	-0.07	-0.22	0.88	0.86	0.78	-0.43	-0.35	0.64	0.87	-0.14	0.03	0.99	0.65	0.0	0.56		0.79	0.15	0.68	0.76	0.86	0.55	-0.26	-0.17
Inventory	0.69	0.63	-0.03	-0.19	0.72	0.68	0.6	-0.35	-0.39	0.72	0.7	-0.16	-0.07	0.8	0.73	-0.13	0.57	0.79		0.02	0.48	0.6	0.68	0.57	-0.22	-0.29
Other Current Assets	0.33	0.38	0.68	0.44	0.02	0.22	0.44	-0.32	0.16	-0.28	0.24	0.0	0.42	0.09	-0.27	0.18	0.22	0.15	0.02		0.24	0.47	0.2	0.73	0.38	0.64
Other Stockholder Equity	0.71	0.61	0.1	0.0	0.75	0.66	0.57	-0.89	-0.04	0.51	0.69	0.13	0.36	0.64	0.5	0.24	0.59	0.68	0.48	0.24		0.6	0.65	0.54	-0.05	0.23
Total Liab	0.96	0.99	0.48	0.45	0.72	0.95	0.99	-0.44	0.13	0.36	0.95	-0.02	0.08	0.76	0.37	0.01	0.53	0.76	0.6	0.47	0.6		0.94	0.69	0.4	0.04
Property Plant And Equipment Gross	0.99	0.97	0.25	0.26	0.88	1.0	0.94	-0.4	-0.01	0.55	0.99	-0.06	-0.01	0.86	0.56	0.02	0.61	0.86	0.68	0.2	0.65	0.94		0.56	0.22	-0.09
Total Current Assets	0.66	0.64	0.49	0.23	0.51	0.55	0.62	-0.46	-0.16	0.44	0.58	-0.17	0.22	0.51	0.45	0.21	0.62	0.55	0.57	0.73	0.54	0.69	0.56		0.18	0.36
Short Term Debt	0.21	0.32	0.73	0.99	-0.15	0.22	0.38	-0.01	0.64	-0.3	0.2	0.2	-0.04	-0.25	-0.29	-0.03	-0.01	-0.26	-0.22	0.38	-0.05	0.4	0.22	0.18		0.21
Common Stock	0.02	-0.02	0.34	0.24	-0.02	-0.07	0.01	-0.33	0.13	-0.29	-0.04	-0.04	0.53	-0.25	-0.29	0.59	0.39	-0.17	-0.29	0.64	0.23	0.04	-0.09	0.36	0.21

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TOP Ships Account Relationship Matchups

TOP Ships fundamental ratios Accounts

	2020	2021	2022	2023	2024	2025 (projected)
Common Stock Shares Outstanding	98.0K	219.0K	252.8K	1.8M	2.1M	2.2M
Total Assets	293.0M	330.8M	469.3M	459.2M	413.3M	298.6M
Short Long Term Debt Total	147.7M	184.3M	278.6M	260.8M	234.8M	162.2M
Other Current Liab	6.2M	30.9M	2.3M	7.0M	8.1M	11.7M
Total Current Liabilities	25.4M	107.1M	32.2M	41.4M	37.2M	35.4M
Total Stockholder Equity	134.2M	93.2M	197.0M	183.4M	165.0M	111.8M
Property Plant And Equipment Net	213.7M	225.0M	417.8M	394.7M	355.2M	243.2M
Net Debt	128.4M	182.0M	258.1M	224.9M	202.4M	149.2M
Retained Earnings	(345.4M)	(336.8M)	(317.8M)	(311.7M)	(280.6M)	(266.5M)
Accounts Payable	2.5M	2.3M	2.0M	1.4M	1.2M	1.2M
Cash	19.3M	2.4M	20.5M	36.0M	32.4M	34.0M
Non Current Assets Total	247.9M	255.5M	444.8M	420.5M	378.4M	270.3M
Other Assets	20.2M	37.7M	36.6M	4.9M	5.6M	5.9M
Long Term Debt	99.3M	90.2M	233.7M	228.1M	262.3M	162.4M
Cash And Short Term Investments	19.3M	2.4M	20.5M	36.0M	32.4M	34.0M
Net Receivables	24.3M	76K	8K	317K	285.3K	271.0K
Liabilities And Stockholders Equity	293.0M	330.8M	469.3M	459.2M	413.3M	298.6M
Non Current Liabilities Total	133.4M	130.5M	272.3M	234.4M	269.6M	159.9M
Inventory	514K	671K	1.0M	915K	823.5K	1.4M
Other Current Assets	25.2M	72.8M	1.3M	1.5M	1.4M	1.3M
Other Stockholder Equity	465.7M	430.0M	428.5M	451.2M	518.8M	331.0M
Total Liab	158.8M	237.6M	272.3M	275.8M	248.2M	186.8M
Property Plant And Equipment Gross	213.7M	225.0M	417.8M	429.2M	386.3M	242.3M
Total Current Assets	45.1M	75.3M	24.5M	38.7M	34.9M	51.0M
Accumulated Other Comprehensive Income	(1.4M)	(10.1M)	0.0	(46K)	(41.4K)	(43.5K)
Short Term Debt	14.6M	70.2M	21.0M	26.4M	23.8M	22.6M
Property Plant Equipment	354.6M	182.1M	194.4M	417.8M	376.0M	240.1M
Current Deferred Revenue	2.1M	3.7M	7.0M	6.6M	6.0M	3.7M
Other Liab	609K	300K	225K	14.7M	13.2M	12.3M
Net Tangible Assets	87.7M	120.7M	93.2M	110.7M	127.3M	91.0M
Short Long Term Debt	5.3M	60.4M	12.3M	17.4M	20.0M	22.1M
Long Term Investments	28.2M	24.5M	22.2M	19.6M	22.6M	21.2M
Net Invested Capital	225.3M	243.8M	430.7M	385.0M	442.7M	335.7M

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