Top Ships Balance Sheet

Financials in millions USD. Fiscal year is January - December.

Millions USD. Fiscal year is Jan - Dec.

Fiscal Year	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Dec '25 Dec 31, 2025	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023	Dec '22 Dec 31, 2022	Dec '21 Dec 31, 2021
Cash & Equivalents	20.37	7.63	35.96	20.54	2.37
Cash & Short-Term Investments	20.37	7.63	35.96	20.54	2.37
Cash Growth	167.03%	-78.78%	75.02%	766.84%	-87.74%
Accounts Receivable	1.54	1.11	0.32	0.01	0.08
Inventory	0.56	0.98	0.92	1.03	0.67
Other Current Assets	1.57	4.05	1.55	1.31	72.22
Total Current Assets	24.05	23.44	38.73	22.89	75.33
Net Property, Plant & Equipment	287.18	371.55	394.69	418.27	224.98
Long-Term Investments	7.88	8.05	19.64	22.17	24.48
Other Long-Term Assets	14.51	29.4	6.13	6	6
Total Assets	333.61	422.77	459.19	469.34	330.79
Accounts Payable	3.48	2.99	6	2.19	32.06
Accrued Expenses	1.52	2.99	2.36	2.06	1.15
Current Portion of Long-Term Debt	11.82	14.2	12.42	12.34	60.41
Current Portion of Leases	-	6.36	8.98	8.61	9.82
Unearned Revenue	3.23	6.65	6.62	7.03	3.66
Other Current Liabilities	19.5	-	5	-	-
Total Current Liabilities	39.55	33.19	41.37	32.24	107.09
Long-Term Debt	204.79	245.06	228.08	221.37	90.16
Long-Term Leases	-	-	6.36	15.34	23.95
Other Long-Term Liabilities	0.08	0.1	-	3.37	0.23
Total Long-Term Liabilities	204.87	245.16	234.44	240.08	114.34
Total Liabilities	244.42	278.35	275.81	272.31	221.42
Preferred Stock	0	0	0	0	0
Common Stock	0.05	0.05	0.05	0.01	0.02
Additional Paid-in Capital	425.43	451.08	451.16	428.47	429.96
Accumulated Other Comprehensive Income	0.7	-	-	-	-
Retained Earnings	-336.99	-306.71	-311.74	-317.81	-336.75
Total Common Shareholders' Equity	89.19	144.42	139.46	110.67	93.22
Minority Interest	-	-	43.92	86.35	16.14
Shareholders' Equity	89.19	144.42	183.38	197.02	109.36
Total Liabilities & Equity	333.61	422.77	459.19	469.34	330.79
Total Debt	216.61	265.62	255.84	257.66	184.33
Net Cash (Debt)	-196.24	-257.99	-219.88	-237.12	-181.96
Net Cash Per Share	-42.42	-55.77	-122.24	-937.91	-1096.39
Book Value	89.19	144.42	139.46	110.67	93.22
Book Value Per Share	19.28	31.22	77.53	437.76	561.69
Tangible Book Value	89.19	144.42	139.46	110.67	93.22
Tangible Book Value Per Share	19.28	31.22	77.53	437.76	561.69

SEC Filings: 10-K · 10-Q