TOP Ships Inc. (TOPS) — Capital Reinvestment Ratio
Latest as of March 2023:
0.01x
TOP Ships Inc. (TOPS) has a Capital Reinvestment Ratio of 0.01x as of March 2023, meaning it reinvests 0% of its operating cash flow ($9.74 Million) in capital expenditures ($77.50K). See free cash flow generation of TOP Ships Inc. to measure how efficiently the company converts operating cash flow to free cash.
Capital Reinvestment Ratio
0.01x
Capex / Operating Cash Flow
Operating Cash Flow
$9.74 Million
USD
Capital Expenditures
$77.50K
USD
Data as of
Mar 2023
Most recent filing
TOP Ships Inc. Capital Reinvestment Ratio (2002–2022)
This chart tracks TOP Ships Inc.'s Capital Reinvestment Ratio across 18 annual periods.
Annual Capital Reinvestment Ratio for TOP Ships Inc. (2002–2022)
Year-by-year Capital Reinvestment Ratio for TOP Ships Inc. from 2002 to 2022. For live market cap and broader valuation context, see TOPS market cap overview.
| Year | Reinvestment Ratio | Operating CF (USD) | Capital Expenditures | YoY Change |
|---|---|---|---|---|
| 2022 | 6.48x | $33.42 Million | $216.71 Million | ▼ -9.8% |
| 2021 | 7.19x | $16.06 Million | $115.51 Million | ▼ -64.0% |
| 2020 | 20.00x | $6.04 Million | $120.82 Million | ▲ +88.9% |
| 2019 | 10.59x | $19.19 Million | $203.23 Million | ▼ -88.1% |
| 2018 | 88.76x | $716.00K | $63.55 Million | ▲ +48.9% |
| 2017 | 59.61x | $695.00K | $41.43 Million | ▲ +444.6% |
| 2016 | 10.95x | $6.70 Million | $73.38 Million | ▲ +133.4% |
| 2013 | 4.69x | $3.07 Million | $14.40 Million | ▲ +1013662.7% |
| 2012 | 0.00x | $15.13 Million | $7.00K | ▼ -97.9% |
| 2011 | 0.02x | $15.78 Million | $356.00K | ▲ +93.1% |
| 2010 | 0.01x | $35.60 Million | $416.00K | ▼ -90.8% |
| 2009 | 0.13x | $6.58 Million | $836.00K | ▼ -99.4% |
| 2008 | 19.77x | $11.85 Million | $234.19 Million | ▲ +1229.0% |
| 2006 | 1.49x | $21.07 Million | $31.34 Million | ▼ -79.2% |
| 2005 | 7.16x | $94.67 Million | $677.94 Million | ▼ -42.1% |
| 2004 | 12.37x | $28.60 Million | $353.75 Million | ▲ +177.6% |
| 2003 | 4.46x | $4.93 Million | $21.96 Million | ▼ -42.1% |
| 2002 | 7.70x | $2.41 Million | $18.55 Million | — |
Capital Reinvestment Ratio = ABS(Capital Expenditures) / Operating Cash Flow