TOP Ships Inc. Free Cash Flow Generation Index
TOP Ships Inc. free cash flow generation index. TOP Ships Inc. (TOPS) has a Free Cash Flow Generation Index of 0.19x as of March 2026. Free cash flow of $1.38 Million represents 0% of operating cash flow ($7.21 Million). Check financial resilience of TOP Ships Inc. to evaluate the company's liquid asset resilience ratio.
FCF Generation Index
Free Cash Flow
Operating Cash Flow
Capital Expenditures
Free Cash Flow Generation Index of TOP Ships Inc. (2002–2025)
Free cash flow generation index of TOP Ships Inc. from 2002 to 2025. Historical FCF Generation Index trend for TOP Ships Inc. across 21 annual periods. Explore TOP Ships Inc. capital reinvestment ratio to see what proportion of operating cash flow is directed to capital expenditures.
TOP Ships Inc. Free Cash Flow Generation Index by Year (2002–2025)
TOP Ships Inc. free cash flow generation index by year from 2002 to 2025. Year-by-year Free Cash Flow Generation Index for TOP Ships Inc.. For the full cash flow conversion analysis, see TOP Ships Inc. (TOPS) cash conversion ratio.
| Year | FCG Index | Free Cash Flow (USD) | Operating CF | Capital Expenditures | YoY Change |
|---|---|---|---|---|---|
| 2025 | 0.65x | $17.12 Million | $26.43 Million | $9.31 Million | ▼ -35.2% |
| 2024 | 1.00x | $17.32 Million | $17.32 Million | $0.00 | ▲ +0.0% |
| 2023 | 1.00x | $28.93 Million | $28.93 Million | $0.00 | ▲ +118.2% |
| 2022 | -5.48x | $-183.29 Million | $33.42 Million | $216.71 Million | ▲ +11.4% |
| 2021 | -6.19x | $-99.45 Million | $16.06 Million | $115.51 Million | ▲ +67.4% |
| 2020 | -19.00x | $-114.78 Million | $6.04 Million | $120.82 Million | ▼ -98.2% |
| 2019 | -9.59x | $-184.04 Million | $19.19 Million | $203.23 Million | ▲ +89.1% |
| 2018 | -87.76x | $-62.84 Million | $716.00K | $63.55 Million | ▼ -49.7% |
| 2017 | -58.61x | $-40.73 Million | $695.00K | $41.43 Million | ▼ -489.3% |
| 2016 | -9.95x | $-66.68 Million | $6.70 Million | $73.38 Million | ▼ -169.5% |
| 2013 | -3.69x | $-11.33 Million | $3.07 Million | $14.40 Million | ▼ -469.2% |
| 2012 | 1.00x | $15.12 Million | $15.13 Million | $7.00K | ▲ +2.3% |
| 2011 | 0.98x | $15.42 Million | $15.78 Million | $356.00K | ▼ -1.1% |
| 2010 | 0.99x | $35.19 Million | $35.60 Million | $416.00K | ▲ +13.2% |
| 2009 | 0.87x | $5.74 Million | $6.58 Million | $836.00K | ▲ +104.7% |
| 2008 | -18.77x | $-222.35 Million | $11.85 Million | $234.19 Million | ▼ -3750.5% |
| 2006 | -0.49x | $-10.27 Million | $21.07 Million | $31.34 Million | ▲ +92.1% |
| 2005 | -6.16x | $-583.27 Million | $94.67 Million | $677.94 Million | ▲ +45.8% |
| 2004 | -11.37x | $-325.15 Million | $28.60 Million | $353.75 Million | ▼ -229.0% |
| 2003 | -3.46x | $-17.03 Million | $4.93 Million | $21.96 Million | ▲ +48.4% |
| 2002 | -6.70x | $-16.14 Million | $2.41 Million | $18.55 Million | — |