TOP Ships Inc. (TOPS) — 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). Check TOPS capital-intensive asset ratio to assess the company's strategic physical and investment asset allocation.
Financial Flexibility Index
Free Cash Flow
Total Liabilities
Capital Expenditures
TOP Ships Inc. Financial Flexibility Index (2002–2024)
Historical Financial Flexibility Index trend for TOP Ships Inc. across 23 annual periods. See TOP Ships Inc. (TOPS) working capital ratio to evaluate short-term liquidity relative to the company's equity base.
Annual Financial Flexibility Index for TOP Ships Inc. (2002–2024)
Year-by-year free cash flow to debt coverage for TOP Ships Inc.. For the full company profile including market capitalisation, see TOP Ships Inc. (TOPS) total market value.
| 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 | — |