TOP Ships Inc. (TOPS) — Financial Flexibility Index
TOP Ships Inc. (TOPS) has a Financial Flexibility Index of 0.05x as of March 2026. Free cash flow of $13.04 Million (operating CF $7.21 Million minus capex $5.83 Million) represents 0% of total liabilities ($244.42 Million). Also explore TOPS year-over-year net asset growth to track the company's year-over-year net asset growth rate.
Financial Flexibility Index
Free Cash Flow
Total Liabilities
Capital Expenditures
TOP Ships Inc. Financial Flexibility Index (2002–2025)
Historical Financial Flexibility Index trend for TOP Ships Inc. across 24 annual periods. Check asset allocation strategy of TOP Ships Inc. to assess the company's strategic physical and investment asset allocation.
Annual Financial Flexibility Index for TOP Ships Inc. (2002–2025)
Year-by-year free cash flow to debt coverage for TOP Ships Inc.. For the full company profile including market capitalisation, see how much is TOP Ships Inc. worth.
| Year | Flexibility Index | Free Cash Flow (USD) | Operating CF | Total Liabilities | YoY Change |
|---|---|---|---|---|---|
| 2025 | 0.15x | $35.74 Million | $26.43 Million | $244.42 Million | ▲ +135.0% |
| 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 | ▲ +54.6% |
| 2021 | 0.59x | $131.57 Million | $16.06 Million | $221.42 Million | ▼ -25.6% |
| 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 | — |