TOP Ships Inc. (TOPS) — Cash Flow-to-Debt Ratio
TOP Ships Inc. (TOPS) has a Cash Flow-to-Debt Ratio of 0.06x as of December 2023, meaning its operating cash flow of $15.91 Million could theoretically repay 0% of its total liabilities ($275.81 Million) in one year. Explore TOP Ships Inc. (TOPS) investment intensity to see how much of total assets are deployed in long-term investments.
CF-to-Debt Ratio
Operating Cash Flow
Total Liabilities
Data as of
TOP Ships Inc. Cash Flow-to-Debt Ratio (2002–2024)
Historical debt coverage capacity for TOP Ships Inc. across 23 annual periods. Also explore how large is TOP Ships Inc.'s balance sheet for the complete picture of this company's asset base.
Annual Cash Flow-to-Debt Ratio for TOP Ships Inc. (2002–2024)
Year-by-year debt coverage analysis for TOP Ships Inc.. For market capitalisation and broader financial context, see TOP Ships Inc. stock valuation.
| Year | CF-to-Debt Ratio | Operating CF (USD) | Total Liabilities | YoY Change |
|---|---|---|---|---|
| 2024 | 0.06x | $17.32 Million | $278.35 Million | ▼ -40.7% |
| 2023 | 0.10x | $28.93 Million | $275.81 Million | ▼ -14.5% |
| 2022 | 0.12x | $33.42 Million | $272.31 Million | ▲ +81.5% |
| 2021 | 0.07x | $16.06 Million | $237.57 Million | ▲ +77.8% |
| 2020 | 0.04x | $6.04 Million | $158.81 Million | ▼ -32.8% |
| 2019 | 0.06x | $19.19 Million | $339.13 Million | ▲ +1119.0% |
| 2018 | 0.00x | $716.00K | $154.21 Million | ▼ -24.4% |
| 2017 | 0.01x | $695.00K | $113.17 Million | ▼ -91.2% |
| 2016 | 0.07x | $6.70 Million | $96.06 Million | ▲ +307.2% |
| 2015 | -0.03x | $-1.39 Million | $41.18 Million | ▲ +60.3% |
| 2014 | -0.08x | $-2.80 Million | $33.05 Million | ▼ -136.1% |
| 2013 | 0.23x | $3.07 Million | $13.07 Million | ▲ +207.9% |
| 2012 | 0.08x | $15.13 Million | $198.34 Million | ▲ +6.2% |
| 2011 | 0.07x | $15.78 Million | $219.69 Million | ▼ -26.0% |
| 2010 | 0.10x | $35.60 Million | $366.61 Million | ▲ +533.1% |
| 2009 | 0.02x | $6.58 Million | $428.73 Million | ▼ -47.4% |
| 2008 | 0.03x | $11.85 Million | $406.32 Million | ▲ +246.0% |
| 2007 | -0.02x | $-11.29 Million | $565.51 Million | ▼ -130.8% |
| 2006 | 0.06x | $21.07 Million | $324.88 Million | ▼ -58.1% |
| 2005 | 0.15x | $94.67 Million | $611.24 Million | ▲ +18.1% |
| 2004 | 0.13x | $28.60 Million | $218.08 Million | ▲ +5.3% |
| 2003 | 0.12x | $4.93 Million | $39.59 Million | ▲ +28.6% |
| 2002 | 0.10x | $2.41 Million | $24.88 Million | — |