TOP Ships Inc. Cash Flow Quality Index
TOP Ships Inc. cash flow quality index. TOP Ships Inc. (TOPS) has a Cash Flow Quality Index of 54.49x as of December 2023. Operating cash flow of $15.91 Million exceeds net income of $292.00K, indicating high earnings quality where cash backs reported profits. See financial flexibility index of TOP Ships Inc. to measure the company's free cash flow as a share of total liabilities.
Cash Flow Quality Index
Operating Cash Flow
Net Income
Data as of
Cash Flow Quality Index of TOP Ships Inc. (2002–2024)
Cash flow quality index of TOP Ships Inc. from 2002 to 2024. Historical Cash Flow Quality Index for TOP Ships Inc. across 14 annual periods. Values consistently above 1.0x indicate high-quality earnings. Explore how well can TOP Ships Inc. service its debt to assess how comfortably operating cash covers total debt obligations.
TOP Ships Inc. Cash Flow Quality Index by Year (2002–2024)
TOP Ships Inc. cash flow quality index by year from 2002 to 2024. Year-by-year earnings quality comparison for TOP Ships Inc.. For the full cash flow conversion analysis, see cash flow conversion of TOP Ships Inc..
| Year | Quality Index | Operating CF (USD) | Net Income | YoY Change |
|---|---|---|---|---|
| 2024 | 3.44x | $17.32 Million | $5.03 Million | ▼ -27.9% |
| 2023 | 4.77x | $28.93 Million | $6.07 Million | ▲ +170.4% |
| 2022 | 1.76x | $33.42 Million | $18.95 Million | ▼ -5.4% |
| 2021 | 1.86x | $16.06 Million | $8.62 Million | ▼ -70.7% |
| 2016 | 6.37x | $6.70 Million | $1.05 Million | ▲ +758.4% |
| 2014 | -0.97x | $-2.80 Million | $2.90 Million | ▼ -144.4% |
| 2013 | 2.18x | $3.07 Million | $1.41 Million | ▼ -84.6% |
| 2010 | 14.17x | $35.60 Million | $2.51 Million | ▲ +2966.0% |
| 2008 | 0.46x | $11.85 Million | $25.64 Million | ▼ -66.8% |
| 2006 | 1.39x | $21.07 Million | $15.14 Million | ▲ +1.0% |
| 2005 | 1.38x | $94.67 Million | $68.68 Million | ▲ +58.0% |
| 2004 | 0.87x | $28.60 Million | $32.79 Million | ▼ -71.1% |
| 2003 | 3.02x | $4.93 Million | $1.63 Million | ▼ -74.8% |
| 2002 | 11.99x | $2.41 Million | $201.00K | — |