TOP Ships Inc. Capital Reinvestment Ratio
TOP Ships Inc. capital reinvestment ratio. 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). Check TOPS cash flow reinvestment rate to assess the company's total reinvestment commitment from operating cash flow.
Capital Reinvestment Ratio
Operating Cash Flow
Capital Expenditures
Data as of
Capital Reinvestment Ratio of TOP Ships Inc. (2002–2022)
Capital reinvestment ratio of TOP Ships Inc. from 2002 to 2022. This chart tracks TOP Ships Inc.'s Capital Reinvestment Ratio across 18 annual periods. Also explore how fast is TOP Ships Inc. growing its equity to track the company's year-over-year net asset growth rate.
TOP Ships Inc. Capital Reinvestment Ratio by Year (2002–2022)
TOP Ships Inc. capital reinvestment ratio by year from 2002 to 2022. For the full cash flow conversion analysis, see TOPS cash generation efficiency.
| 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 | — |