TOP Ships Inc. (TOPS) — 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). See TOPS equity to assets ratio to measure how much of total assets are equity-financed.
Capital Reinvestment Ratio
Operating Cash Flow
Capital Expenditures
Data as of
TOP Ships Inc. Capital Reinvestment Ratio (2002–2022)
This chart tracks TOP Ships Inc.'s Capital Reinvestment Ratio across 18 annual periods. Check TOP Ships Inc. (TOPS) reinvestment rate to assess the company's total reinvestment commitment from operating cash flow.
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 market value of TOP Ships Inc..
| 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 | — |