TOP Ships Inc. (TOPS) - Total Liabilities
Based on the latest financial reports, TOP Ships Inc. (TOPS) has total liabilities worth $278.35 Million USD as of March 2025. Total liabilities represent everything the company owes to external parties, combining both current liabilities—like accounts payable, short-term debt, and accrued expenses—and non-current liabilities such as long-term debt, pension obligations, lease liabilities, and deferred tax liabilities. Explore TOP Ships Inc. (TOPS) cash conversion ratio to assess how effectively this company generates cash.
TOP Ships Inc. - Total Liabilities Trend (2002–2024)
This chart illustrates how TOP Ships Inc.'s total liabilities have evolved over time, based on quarterly financial data. Check TOPS financial resilience to evaluate the company's liquid asset resilience ratio.
TOP Ships Inc. Competitors by Total Liabilities
The table below lists competitors of TOP Ships Inc. ranked by their total liabilities.
| Company | Country | Total Liabilities |
|---|---|---|
|
Mustang Industrial
TWO:5460
|
Taiwan | NT$84.79 Million |
|
Asiamet Resources Ltd
F:0FK
|
Germany | €850.00K |
|
Happy Creek Minerals Ltd
V:HPY
|
Canada | CA$254.53K |
|
Altech Chemicals Ltd
F:A3Y
|
Germany | €16.45 Million |
|
DLSI
PA:ALDLS
|
France | €67.05 Million |
|
Audacia SAS
PA:ALAUD
|
France | €11.07 Million |
|
Integrated Logistics Bhd
KLSE:5614
|
Malaysia | RM84.17 Million |
|
AGMO
KLSE:0258
|
Malaysia | RM4.74 Million |
Liability Composition Analysis (2002–2024)
This chart breaks down TOP Ships Inc.'s total liabilities into key components over time: long-term debt, short-term debt, other current liabilities, and other non-current liabilities. Toggle between absolute values and percentage view to see how the composition has shifted. For the full company profile including market capitalisation, see TOPS market cap overview.
Liquidity & Leverage Metrics
Key Metrics Explained
| Metric | Value | Description |
|---|---|---|
| Current Ratio | 0.71 | Measures ability to pay short-term obligations (Current Assets ÷ Current Liabilities) |
| Quick Ratio | N/A | More stringent measure of short-term liquidity ((Current Assets - Inventory) ÷ Current Liabilities) |
| Cash Ratio | N/A | Most conservative liquidity measure (Cash & Equivalents ÷ Current Liabilities) |
| Debt to Equity | 1.93 | Measures financial leverage (Total Liabilities ÷ Shareholder Equity) |
| Debt to Assets | 0.66 | Portion of assets financed with debt (Total Liabilities ÷ Total Assets) |
Liability Trends Comparison
This chart compares key liability metrics across different time periods, showing how TOP Ships Inc.'s debt structure has evolved. The comparison includes total liabilities, long-term debt, and current liabilities.
Annual Total Liabilities for TOP Ships Inc. (2002–2024)
The table below shows the annual total liabilities of TOP Ships Inc. from 2002 to 2024.
| Year | Total Liabilities | Change |
|---|---|---|
| 2024-12-31 | $278.35 Million | +0.92% |
| 2023-12-31 | $275.81 Million | +1.28% |
| 2022-12-31 | $272.31 Million | +14.63% |
| 2021-12-31 | $237.57 Million | +49.59% |
| 2020-12-31 | $158.81 Million | -53.17% |
| 2019-12-31 | $339.13 Million | +119.92% |
| 2018-12-31 | $154.21 Million | +36.26% |
| 2017-12-31 | $113.17 Million | +17.82% |
| 2016-12-31 | $96.06 Million | +133.27% |
| 2015-12-31 | $41.18 Million | +24.61% |
| 2014-12-31 | $33.05 Million | +152.78% |
| 2013-12-31 | $13.07 Million | -93.41% |
| 2012-12-31 | $198.34 Million | -9.72% |
| 2011-12-31 | $219.69 Million | -40.08% |
| 2010-12-31 | $366.61 Million | -14.49% |
| 2009-12-31 | $428.73 Million | +5.52% |
| 2008-12-31 | $406.32 Million | -28.15% |
| 2007-12-31 | $565.51 Million | +74.07% |
| 2006-12-31 | $324.88 Million | -46.85% |
| 2005-12-31 | $611.24 Million | +180.29% |
| 2004-12-31 | $218.08 Million | +450.81% |
| 2003-12-31 | $39.59 Million | +59.15% |
| 2002-12-31 | $24.88 Million | -- |
About TOP Ships Inc.
Top Ships Inc. owns and operates tanker vessels in Greece and internationally. The company transports crude oil, petroleum products, and bulk liquid chemicals. As of December 31, 2024, it had a fleet with a total capacity of 1,435,000 deadweight tonnes (dwt) consisting of one 50,000 dwt product/chemical tanker, five 157,000 dwt Suezmax tankers, two 300,000 dwt very large crude carriers, and two 5… Read more