TOP Ships Inc. (TOPS) — Cash Flow Reinvestment Rate
TOP Ships Inc. (TOPS) has a Cash Flow Reinvestment Rate of 0.81x as of March 2026, reinvesting $5.83 Million (capex $5.83 Million ) from operating cash flow of $7.21 Million. Check TOP Ships Inc. (TOPS) cash flow quality to evaluate the quality of earnings relative to operating cash generation.
Reinvestment Rate
Total Reinvested
Operating Cash Flow
Capital Expenditures
TOP Ships Inc. Cash Flow Reinvestment Rate (2002–2025)
Historical reinvestment intensity for TOP Ships Inc. across 21 annual periods. Explore TOP Ships Inc. (TOPS) long-term investment share to see how much of total assets are deployed in long-term investments.
Annual Cash Flow Reinvestment Rate for TOP Ships Inc. (2002–2025)
Year-by-year capital reinvestment analysis for TOP Ships Inc.. For live market cap and broader valuation context, see TOPS market cap overview.
| Year | Reinvestment Rate | Total Reinvested (USD) | Operating CF | Capex | YoY Change |
|---|---|---|---|---|---|
| 2025 | 0.35x | $9.31 Million | $26.43 Million | $9.31 Million | ▼ -50.8% |
| 2024 | 0.72x | $12.40 Million | $17.32 Million | $0.00 | ▲ +722.0% |
| 2023 | 0.09x | $2.52 Million | $28.93 Million | $0.00 | ▼ -99.2% |
| 2022 | 10.75x | $359.37 Million | $33.42 Million | $216.71 Million | ▼ -10.1% |
| 2021 | 11.96x | $192.16 Million | $16.06 Million | $115.51 Million | ▼ -43.9% |
| 2020 | 21.31x | $128.72 Million | $6.04 Million | $120.82 Million | ▲ +0.6% |
| 2019 | 21.18x | $406.50 Million | $19.19 Million | $203.23 Million | ▼ -88.5% |
| 2018 | 184.33x | $131.98 Million | $716.00K | $63.55 Million | ▲ +27.5% |
| 2017 | 144.60x | $100.50 Million | $695.00K | $41.43 Million | ▲ +544.3% |
| 2016 | 22.44x | $150.45 Million | $6.70 Million | $73.38 Million | ▲ +378.5% |
| 2013 | 4.69x | $14.40 Million | $3.07 Million | $14.40 Million | ▲ +1013662.7% |
| 2012 | 0.00x | $7.00K | $15.13 Million | $7.00K | ▼ -97.9% |
| 2011 | 0.02x | $356.00K | $15.78 Million | $356.00K | ▲ +93.1% |
| 2010 | 0.01x | $416.00K | $35.60 Million | $416.00K | ▼ -90.8% |
| 2009 | 0.13x | $836.00K | $6.58 Million | $836.00K | ▼ -99.4% |
| 2008 | 19.77x | $234.19 Million | $11.85 Million | $234.19 Million | ▲ +1229.0% |
| 2006 | 1.49x | $31.34 Million | $21.07 Million | $31.34 Million | ▼ -79.2% |
| 2005 | 7.16x | $677.94 Million | $94.67 Million | $677.94 Million | ▼ -42.1% |
| 2004 | 12.37x | $353.75 Million | $28.60 Million | $353.75 Million | ▲ +177.6% |
| 2003 | 4.46x | $21.96 Million | $4.93 Million | $21.96 Million | ▼ -42.1% |
| 2002 | 7.70x | $18.55 Million | $2.41 Million | $18.55 Million | — |