TOP Ships Inc. Financial Flexibility Index
TOP Ships Inc. financial flexibility index. TOP Ships Inc. (TOPS) has a Financial Flexibility Index of 0.06x as of December 2023. Free cash flow of $15.91 Million (operating CF $15.91 Million minus capex $0.00) represents 0% of total liabilities ($275.81 Million). See TOP Ships Inc. (TOPS) free cash flow to measure how efficiently the company converts operating cash flow to free cash.
Financial Flexibility Index
Free Cash Flow
Total Liabilities
Capital Expenditures
Financial Flexibility Index of TOP Ships Inc. (2002–2024)
Financial flexibility index of TOP Ships Inc. from 2002 to 2024. Historical Financial Flexibility Index trend for TOP Ships Inc. across 23 annual periods. Check TOPS operating cash flow to net income to evaluate the quality of earnings relative to operating cash generation.
TOP Ships Inc. Financial Flexibility Index by Year (2002–2024)
TOP Ships Inc. financial flexibility index by year from 2002 to 2024. Year-by-year free cash flow to debt coverage for TOP Ships Inc.. For the full cash flow conversion analysis, see how efficiently does TOP Ships Inc. generate cash.
| Year | Flexibility Index | Free Cash Flow (USD) | Operating CF | Total Liabilities | YoY Change |
|---|---|---|---|---|---|
| 2024 | 0.06x | $17.32 Million | $17.32 Million | $278.35 Million | ▼ -40.7% |
| 2023 | 0.10x | $28.93 Million | $28.93 Million | $275.81 Million | ▼ -88.6% |
| 2022 | 0.92x | $250.13 Million | $33.42 Million | $272.31 Million | ▲ +65.8% |
| 2021 | 0.55x | $131.57 Million | $16.06 Million | $237.57 Million | ▼ -30.7% |
| 2020 | 0.80x | $126.86 Million | $6.04 Million | $158.81 Million | ▲ +21.8% |
| 2019 | 0.66x | $222.42 Million | $19.19 Million | $339.13 Million | ▲ +57.4% |
| 2018 | 0.42x | $64.27 Million | $716.00K | $154.21 Million | ▲ +12.0% |
| 2017 | 0.37x | $42.12 Million | $695.00K | $113.17 Million | ▼ -55.4% |
| 2016 | 0.83x | $80.09 Million | $6.70 Million | $96.06 Million | ▼ -34.0% |
| 2015 | 1.26x | $52.02 Million | $-1.39 Million | $41.18 Million | ▼ -3.1% |
| 2014 | 1.30x | $43.11 Million | $-2.80 Million | $33.05 Million | ▼ -2.4% |
| 2013 | 1.34x | $17.47 Million | $3.07 Million | $13.07 Million | ▲ +1651.1% |
| 2012 | 0.08x | $15.14 Million | $15.13 Million | $198.34 Million | ▲ +3.9% |
| 2011 | 0.07x | $16.14 Million | $15.78 Million | $219.69 Million | ▼ -25.2% |
| 2010 | 0.10x | $36.02 Million | $35.60 Million | $366.61 Million | ▲ +468.3% |
| 2009 | 0.02x | $7.41 Million | $6.58 Million | $428.73 Million | ▼ -97.1% |
| 2008 | 0.61x | $246.04 Million | $11.85 Million | $406.32 Million | ▼ -10.9% |
| 2007 | 0.68x | $384.39 Million | $-11.29 Million | $565.51 Million | ▲ +321.4% |
| 2006 | 0.16x | $52.41 Million | $21.07 Million | $324.88 Million | ▼ -87.2% |
| 2005 | 1.26x | $772.62 Million | $94.67 Million | $611.24 Million | ▼ -27.9% |
| 2004 | 1.75x | $382.36 Million | $28.60 Million | $218.08 Million | ▲ +158.1% |
| 2003 | 0.68x | $26.89 Million | $4.93 Million | $39.59 Million | ▼ -19.4% |
| 2002 | 0.84x | $20.96 Million | $2.41 Million | $24.88 Million | — |