TOP Ships Inc. Defensive Interval Ratio
TOP Ships Inc. defensive interval ratio. TOP Ships Inc. (TOPS) has a Defensive Interval Ratio of 12 days as of March 2025. Defensive assets of $1.11 Million (cash $-, short-term investments $-, receivables $1.11 Million) cover 12 days of daily cash needs of $90.94K/day. See working capital to net assets of TOP Ships Inc. to evaluate short-term liquidity relative to the company's equity base.
Defensive Interval Ratio
Defensive Assets
Daily Cash Need
Current Liabilities
Defensive Interval Ratio of TOP Ships Inc. (2002–2024)
Defensive interval ratio of TOP Ships Inc. from 2002 to 2024. This chart shows how TOP Ships Inc.'s Defensive Interval Ratio has evolved across 23 annual periods from 2002 to 2024. As of March 2025, the ratio stands at 12 days, meaning defensive assets of $1.11 Million can fund 12 days of operations without new revenue. Check TOPS cash and liquid asset ratio to evaluate the company's liquid asset resilience ratio.
TOP Ships Inc. Defensive Interval Ratio by Year (2002–2024)
TOP Ships Inc. defensive interval ratio by year from 2002 to 2024. The table below presents the year-by-year Defensive Interval Ratio for TOP Ships Inc. from 2002 to 2024, covering 23 annual filings. Each row shows defensive assets, daily cash need, the DIR in days, and the change in days compared to the prior year. For the complete balance sheet picture, see balance sheet size of TOP Ships Inc..
| Year | DIR (days) | Defensive Assets (USD) | Daily Cash Need | Cash | ST Investments | Change (days) |
|---|---|---|---|---|---|---|
| 2024 | 12 days | $1.11 Million | $90.94K/day | $- | $- | ▲ +9 days |
| 2023 | 3 days | $317.00K | $113.35K/day | $- | $- | ▲ +3 days |
| 2022 | 0 days | $8.00K | $88.32K/day | $- | $- | ▼ 0 days |
| 2021 | 0 days | $76.00K | $293.39K/day | $- | $- | ▼ -349 days |
| 2020 | 350 days | $24.34 Million | $69.63K/day | $- | $- | ▲ +346 days |
| 2019 | 4 days | $724.00K | $206.62K/day | $- | $82.00K | ▼ -9 days |
| 2018 | 12 days | $1.23 Million | $100.87K/day | $- | $- | ▼ -17 days |
| 2017 | 29 days | $2.06 Million | $70.08K/day | $- | $1.28 Million | ▲ +3 days |
| 2016 | 26 days | $1.43 Million | $54.88K/day | $- | $1.26 Million | ▲ +24 days |
| 2015 | 2 days | $107.00K | $50.07K/day | $- | $- | ▼ -4 days |
| 2014 | 7 days | $169.00K | $25.57K/day | $- | $- | ▼ -14 days |
| 2013 | 20 days | $481.00K | $23.58K/day | $- | $- | ▲ +18 days |
| 2012 | 3 days | $1.46 Million | $530.49K/day | $- | $- | ▼ -4 days |
| 2011 | 7 days | $4.11 Million | $601.89K/day | $- | $- | ▲ +6 days |
| 2010 | 0 days | $482.00K | $1.00 Million/day | $- | $- | ▼ -2 days |
| 2009 | 2 days | $2.40 Million | $1.13 Million/day | $- | $- | ▼ -2 days |
| 2008 | 4 days | $4.21 Million | $1.06 Million/day | $- | $- | ▼ -32 days |
| 2007 | 36 days | $15.18 Million | $419.97K/day | $- | $- | ▼ -208 days |
| 2006 | 244 days | $27.19 Million | $111.26K/day | $- | $- | ▲ +55 days |
| 2005 | 189 days | $39.53 Million | $208.61K/day | $- | $- | ▲ +17 days |
| 2004 | 172 days | $20.19 Million | $117.29K/day | $- | $- | ▲ +139 days |
| 2003 | 33 days | $818.00K | $24.84K/day | $- | $- | ▲ +22 days |
| 2002 | 11 days | $129.00K | $12.13K/day | $- | $- | — |