TOP Ships Inc. Defensive Interval Ratio
TOP Ships Inc. defensive interval ratio. TOP Ships Inc. (TOPS) has a Defensive Interval Ratio of 20 days as of March 2026. Defensive assets of $2.14 Million (cash $-, short-term investments $-, receivables $2.14 Million) cover 20 days of daily cash needs of $108.37K/day. Explore TOPS strategic capital deployment ratio to see how much of total assets are deployed in long-term investments.
Defensive Interval Ratio
Defensive Assets
Daily Cash Need
Current Liabilities
Defensive Interval Ratio of TOP Ships Inc. (2002–2025)
Defensive interval ratio of TOP Ships Inc. from 2002 to 2025. This chart shows how TOP Ships Inc.'s Defensive Interval Ratio has evolved across 24 annual periods from 2002 to 2025. As of March 2026, the ratio stands at 20 days, meaning defensive assets of $2.14 Million can fund 20 days of operations without new revenue. Read TOP Ships Inc. (TOPS) financial obligations for a breakdown of total debt and financial obligations.
TOP Ships Inc. Defensive Interval Ratio by Year (2002–2025)
TOP Ships Inc. defensive interval ratio by year from 2002 to 2025. The table below presents the year-by-year Defensive Interval Ratio for TOP Ships Inc. from 2002 to 2025, covering 24 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 TOP Ships Inc. asset portfolio.
| Year | DIR (days) | Defensive Assets (USD) | Daily Cash Need | Cash | ST Investments | Change (days) |
|---|---|---|---|---|---|---|
| 2025 | 20 days | $2.14 Million | $108.37K/day | $- | $- | ▲ +8 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 | $- | $- | — |