TOP Ships Inc. Cash Flow-to-Debt Ratio
TOP Ships Inc. 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. Check earnings quality score of TOP Ships Inc. to evaluate the quality of earnings relative to operating cash generation.
CF-to-Debt Ratio
Operating Cash Flow
Total Liabilities
Data as of
Cash Flow-to-Debt Ratio of TOP Ships Inc. (2002–2024)
Cash flow-to-debt ratio of TOP Ships Inc. from 2002 to 2024. Historical debt coverage capacity for TOP Ships Inc. across 23 annual periods. Check TOP Ships Inc. (TOPS) total reinvestment rate to assess the company's total reinvestment commitment from operating cash flow.
TOP Ships Inc. Cash Flow-to-Debt Ratio by Year (2002–2024)
TOP Ships Inc. cash flow-to-debt ratio by year from 2002 to 2024. Year-by-year debt coverage analysis for TOP Ships Inc.. For the full cash flow conversion analysis, see TOP Ships Inc. cash flow conversion.
| 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 | — |