Top Ships Inc.

Top Ships Inc.verified

TOPS

Price:

$7.85

Market Cap:

$36.32M

Top Ships Inc. owns and operates tanker vessels worldwide. The company's medium range tanker vessels transport crude oil, petroleum products, and bulk liquid chemicals. As of December 31, 2020, it had a fleet with a total capacity of 1,435,000 deadweight tonnes (dwt) consisting of one 50,000 dwt product/chemical tanker, five 157,000 dwt Suezmax tankers, two 300,000 dwt very large crude carriers, and two 50,000 dwt product tankers. The company was formerly known as Top Tankers Inc. and changed its name to Top Ships Inc. in December 2007. Top Ships Inc. was incorporated in 2000 and is based in Maroussi, Greece.[Read more]

Industry

Marine Shipping

IPO Date

2004-08-02

Stock Exchange

NASDAQ

Ticker

TOPS

The Current Ratio as of November 2024 (TTM) for Top Ships Inc. (TOPS) is 0.94

According to Top Ships Inc.’s latest financial reports and current stock price. The company's current Current Ratio is 0.94. This represents a change of 61.20% compared to the average of 0.58 of the last 4 quarters.

Top Ships Inc. (TOPS) Historical Current Ratio (quarterly & annually)

How has TOPS Current Ratio performed in the past?

The mean historical Current Ratio of Top Ships Inc. over the last ten years is 0.66. The current 0.94 Current Ratio has changed 14.04% with respect to the historical average. Over the past ten years (40 quarters), TOPS's Current Ratio was at its highest in in the June 2015 quarter at 16.04. The Current Ratio was at its lowest in in the March 2015 quarter at 0.

Quarterly (TTM)
Annual

Average

0.66

Median

0.69

Minimum

0.01

Maximum

1.77

Top Ships Inc. (TOPS) Current Ratio by Quarter and Year

Discovering the peaks and valleys of Top Ships Inc. Current Ratio, unveiling quarterly and yearly fluctuations to gain insights into the company’s financial performance and market dynamics, offering valuable data for investors and analysts alike.

Maximum Annual Increase = 18.92%

Maximum Annual Current Ratio = 1.77

Minimum Annual Increase = -97.80%

Minimum Annual Current Ratio = 0.01

Quarterly (TTM)
Annual
YearCurrent RatioChange
20230.9422.96%
20220.768.23%
20210.70-60.35%
20201.77163.68%
20190.67368.47%
20180.14-88.09%
20171.2118.92%
20160.01-97.80%
20150.29119.34%
20140.13-88.98%

Top Ships Inc. (TOPS) Average Current Ratio

How has TOPS Current Ratio performed in the past?

The current Current Ratio of Top Ships Inc. (TOPS) is greater than its 3-year, less than than its 5-year, and greater than its 10-year historical averages

3-year avg

0.80

5-year avg

0.97

10-year avg

0.66

Top Ships Inc. (TOPS) Current Ratio vs. Peers

How is TOPS’s Current Ratio compared to its peers?

Top Ships Inc.’s Current Ratio is greater than United Maritime Corporation (0.47), less than Globus Maritime Limited (7.33), less than Castor Maritime Inc. (32.20), less than Safe Bulkers, Inc. (1.34), greater than Seanergy Maritime Holdings Corp. (0), less than Euroseas Ltd. (1.65), greater than Performance Shipping Inc. (0), less than Pyxis Tankers Inc. (3.98), greater than Cool Company Ltd. (0.44), greater than KNOT Offshore Partners LP (0.76), less than Diana Shipping Inc. (2.34), less than Navios Maritime Holdings Inc. (1.20), less than Toro Corp. (36.82),

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