Top Ships Inc. (TOPS)

Top Ships Ratios and Metrics

Market cap in millions USD. Fiscal year is January - December.

Fiscal Year	Current	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020
Period Ending	Oct 30, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020
Market Capitalization	28	28	72	13	33	48
Market Cap Growth	-33.92%	-61.40%	452.69%	-60.69%	-30.99%	592.96%
Enterprise Value	291	288	370	375	233	335
Last Close Price	6.09	4.14	10.73	10.47	137.70	199.54
PE Ratio	2.65	5.54	-	-	6.16	-
Forward PE	-	5.31	6.01	1.37	1.58	-
PS Ratio	0.32	0.32	0.87	0.16	0.59	0.80
PB Ratio	0.22	0.19	0.39	0.07	0.30	0.36
P/TBV Ratio	0.22	0.19	0.52	0.12	0.36	0.40
P/FCF Ratio	8.41	-	2.50	-	-	-
P/OCF Ratio	0.95	1.61	2.50	0.39	2.07	7.98
EV/Sales Ratio	3.31	3.35	4.46	4.64	4.13	5.56
EV/EBITDA Ratio	6.41	6.99	8.58	8.17	9.84	11.72
EV/EBIT Ratio	9.13	10.33	12.86	11.51	14.57	21.79
EV/FCF Ratio	86.81	-	12.77	-	-	-
Debt / Equity Ratio	2.12	1.84	1.40	1.31	1.20	1.10
Debt / EBITDA Ratio	4.78	5.10	4.75	4.55	3.80	5.04
Debt / FCF Ratio	80.18	-	8.84	-	-	-
Asset Turnover	0.21	0.20	0.18	0.20	0.18	0.16
Inventory Turnover	33.15	36.69	31.63	36.39	47.07	35.17
Quick Ratio	0.18	0.26	0.88	0.64	0.02	0.76
Current Ratio	0.38	0.71	0.94	0.71	0.70	1.77
Return on Equity (ROE)	7.94%	3.07%	3.19%	12.37%	7.07%	-19.02%
Return on Assets (ROA)	4.65%	3.96%	3.87%	5.08%	3.20%	2.60%
Return on Capital (ROIC)	4.89%	4.11%	4.02%	5.85%	3.82%	2.88%
Return on Capital Employed (ROCE)	8.50%	7.20%	6.90%	7.40%	7.10%	5.70%
Earnings Yield	37.80%	18.05%	8.39%	144.92%	25.91%	-47.34%
FCF Yield	11.89%	-23.94%	40.04%	-1401.92%	-299.02%	-238.23%
Payout Ratio	-	-	99.08%	70.50%	20.65%	-
Buyback Yield / Dilution	-37.26%	-157.19%	-611.49%	-52.33%	-69.37%	-

Updated Jun 30, 2025. Source: S&P Global Market Intelligence. Standard template. Financial Sources.

SEC Filings: 10-K · 10-Q