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. See TOP Ships Inc. (TOPS) free cash flow to measure how efficiently the company converts operating cash flow to free cash.
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 TOPS year-over-year net asset growth to track the company's year-over-year net asset growth rate.
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 market cap of TOP Ships Inc..
| 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 | — |