TOP Ships Inc. (TOPS) — 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. Explore TOP Ships Inc. (TOPS) long-term investment share to see how much of total assets are deployed in long-term investments.
Cash Flow Quality Index
Operating Cash Flow
Net Income
Data as of
TOP Ships Inc. Cash Flow Quality Index (2002–2024)
Historical Cash Flow Quality Index for TOP Ships Inc. across 14 annual periods. Values consistently above 1.0x indicate high-quality earnings. Check TOPS tangible net assets ratio to evaluate the tangible quality of the company's equity base.
Annual Cash Flow Quality Index for TOP Ships Inc. (2002–2024)
Year-by-year earnings quality comparison for TOP Ships Inc.. For live market cap and the full company financial profile, see TOPS company net worth.
| 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 | — |