TOP Ships Inc. Tangible Net Worth Ratio
TOP Ships Inc. tangible net worth ratio. TOP Ships Inc. (TOPS) has a Tangible Net Worth Ratio of 100.0% as of March 2026. This metric is calculated by deducting intangible assets ($0.00) from net assets ($89.19 Million) and expressing it as a percentage of total net assets. A higher ratio means that more of the company's equity is backed by tangible, balance-sheet-verifiable assets rather than goodwill, patents, or brand value. Also explore TOPS net asset momentum to track the company's year-over-year net asset growth rate.
Tangible NW Ratio
Net Assets (Equity)
Intangible Assets
Total Assets
Tangible Net Worth Ratio of TOP Ships Inc. (2002–2025)
Tangible net worth ratio of TOP Ships Inc. from 2002 to 2025. This chart shows how TOP Ships Inc.'s Tangible Net Worth Ratio has changed across 24 annual periods from 2002 to 2025. As of March 2026, the ratio stands at 100.0%, reflecting net assets of $89.19 Million with intangible assets of $0.00 USD. Check asset allocation strategy of TOP Ships Inc. to assess the company's strategic physical and investment asset allocation.
TOP Ships Inc. Tangible Net Worth Ratio by Year (2002–2025)
TOP Ships Inc. tangible net worth ratio by year from 2002 to 2025. The table below presents the year-by-year Tangible Net Worth Ratio for TOP Ships Inc. from 2002 to 2025, covering 24 annual filings. Each row shows net assets, intangible assets, total assets, the tangible net worth ratio, and the change in percentage points versus the prior year. For live market cap and overall valuation, see TOP Ships Inc. market capitalisation.
| Year | Tangible NW Ratio | Net Assets (USD) | Intangible Assets | Total Assets | Change (pp) |
|---|---|---|---|---|---|
| 2025 | 100.0% | $89.19 Million | $0.00 | $333.61 Million | ▲ +0.0 pp |
| 2024 | 100.0% | $144.42 Million | $0.00 | $422.77 Million | ▲ +0.0 pp |
| 2023 | 100.0% | $183.38 Million | $0.00 | $459.19 Million | ▲ +0.0 pp |
| 2022 | 100.0% | $197.02 Million | $0.00 | $469.34 Million | ▲ +0.0 pp |
| 2021 | 100.0% | $109.36 Million | $0.00 | $330.79 Million | ▲ +0.0 pp |
| 2020 | 100.0% | $134.22 Million | $0.00 | $293.03 Million | ▲ +0.0 pp |
| 2019 | 100.0% | $105.76 Million | $0.00 | $444.89 Million | ▲ +0.0 pp |
| 2018 | 100.0% | $104.28 Million | $0.00 | $258.49 Million | ▲ +0.0 pp |
| 2017 | 100.0% | $107.27 Million | $0.00 | $220.45 Million | ▲ +0.0 pp |
| 2016 | 100.0% | $47.26 Million | $0.00 | $143.32 Million | ▲ +0.0 pp |
| 2015 | 100.0% | $34.15 Million | $0.00 | $75.33 Million | ▲ +0.0 pp |
| 2014 | 100.0% | $42.53 Million | $0.00 | $75.58 Million | ▲ +0.0 pp |
| 2013 | 100.0% | $14.79 Million | $0.00 | $27.87 Million | ▲ +0.0 pp |
| 2012 | 100.0% | $13.08 Million | $0.00 | $211.41 Million | ▲ +0.0 pp |
| 2011 | 100.0% | $76.68 Million | $0.00 | $296.37 Million | ▲ +0.0 pp |
| 2010 | 100.0% | $255.48 Million | $0.00 | $622.09 Million | ▲ +0.0 pp |
| 2009 | 100.0% | $247.20 Million | $0.00 | $675.93 Million | ▲ +0.0 pp |
| 2008 | 100.0% | $292.05 Million | $0.00 | $698.38 Million | ▲ +0.0 pp |
| 2007 | 100.0% | $211.41 Million | $0.00 | $776.92 Million | ▲ +0.0 pp |
| 2006 | 100.0% | $197.85 Million | $0.00 | $522.74 Million | ▲ +0.0 pp |
| 2005 | 100.0% | $369.66 Million | $0.00 | $980.90 Million | ▲ +0.0 pp |
| 2004 | 100.0% | $321.81 Million | $0.00 | $539.89 Million | ▲ +0.0 pp |
| 2003 | 100.0% | $16.32 Million | $0.00 | $55.91 Million | ▲ +0.0 pp |
| 2002 | 100.0% | $8.77 Million | $0.00 | $33.65 Million | — |