Top Ships Statistics
Total Valuation
Top Ships has a market cap or net worth of $51.07 million. The enterprise value is $275.95 million.
| Market Cap | 51.07M |
| Enterprise Value | 275.95M |
Important Dates
The next estimated earnings date is Thursday, August 1, 2024, before market open.
| Earnings Date | Aug 1, 2024 |
| Ex-Dividend Date | n/a |
Share Statistics
Top Ships has 4.63 million shares outstanding.
| Shares Outstanding | 4.63M |
| Owned by Insiders (%) | 74.80% |
| Owned by Institutions (%) | 6.33% |
| Float | 958,918 |
Valuation Ratios
| PE Ratio | n/a |
| Forward PE | n/a |
| PS Ratio | 0.41 |
| Forward PS | n/a |
| PB Ratio | 0.28 |
| P/FCF Ratio | 1.22 |
| PEG Ratio | n/a |
Enterprise Valuation
The stock's EV/EBITDA ratio is 4.27, with an EV/FCF ratio of 6.61.
| EV / Earnings | n/a |
| EV / Sales | 2.22 |
| EV / EBITDA | 4.27 |
| EV / EBIT | 7.17 |
| EV / FCF | 6.61 |
Financial Position
The company has a current ratio of 0.94, with a Debt / Equity ratio of 1.42.
| Current Ratio | 0.94 |
| Quick Ratio | 0.88 |
| Debt / Equity | 1.42 |
| Debt / EBITDA | 4.04 |
| Debt / FCF | 6.25 |
| Interest Coverage | 2.93 |
Financial Efficiency
Return on equity (ROE) is -2.79% and return on invested capital (ROIC) is -7.26%.
| Return on Equity (ROE) | -2.79% |
| Return on Assets (ROA) | -1.11% |
| Return on Capital (ROIC) | -7.26% |
| Revenue Per Employee | $124.42M |
| Profits Per Employee | -$5.12M |
| Employee Count | 1 |
| Asset Turnover | 0.27 |
| Inventory Turnover | 51.35 |
Taxes
In the past 12 months, Top Ships has paid $15.96 million in taxes.
| Income Tax | 15.96M |
| Effective Tax Rate | 147.22% |
Stock Price Statistics
The stock price has increased by +53.33% in the last 52 weeks. The beta is 1.68, so Top Ships's price volatility has been higher than the market average.
| Beta (5Y) | 1.68 |
| 52-Week Price Change | +53.33% |
| 50-Day Moving Average | 12.46 |
| 200-Day Moving Average | 12.02 |
| Relative Strength Index (RSI) | 25.60 |
| Average Volume (20 Days) | 10,459 |
Short Selling Information
| Short Interest | 90,082 |
| Short Previous Month | 100,256 |
| Short % of Shares Out | 4.08% |
| Short % of Float | n/a |
| Short Ratio (days to cover) | 5.81 |
Income Statement
In the last 12 months, Top Ships had revenue of $124.42 million and -$5.12 million in losses. Loss per share was -$3.26.
| Revenue | 124.42M |
| Gross Profit | 74.59M |
| Operating Income | 43.09M |
| Pretax Income | 9.13M |
| Net Income | -5.12M |
| EBITDA | 64.61M |
| EBIT | 38.47M |
| Loss Per Share | -$3.26 |
Balance Sheet
The company has $35.96 million in cash and $260.84 million in debt, giving a net cash position of -$224.88 million or -$48.61 per share.
| Cash & Cash Equivalents | 35.96M |
| Total Debt | 260.84M |
| Net Cash | -224.88M |
| Net Cash Per Share | -$48.61 |
| Equity (Book Value) | 183.38M |
| Book Value Per Share | 39.64 |
| Working Capital | -2.64M |
Cash Flow
| Operating Cash Flow | 41.73M |
| Capital Expenditures | n/a |
| Free Cash Flow | 41.73M |
| FCF Per Share | $9.02 |
Margins
Gross margin is 59.95%, with operating and profit margins of 34.63% and -4.11%.
| Gross Margin | 59.95% |
| Operating Margin | 34.63% |
| Pretax Margin | 7.34% |
| Profit Margin | -4.11% |
| EBITDA Margin | 51.93% |
| EBIT Margin | 30.92% |
| FCF Margin | 33.54% |
Dividends & Yields
Top Ships does not appear to pay any dividends at this time.
| Dividend Per Share | n/a |
| Dividend Yield | n/a |
| Dividend Growth (YoY) | n/a |
| Years of Dividend Growth | n/a |
| Payout Ratio | n/a |
| Buyback Yield | -439.24% |
| Shareholder Yield | -439.24% |
| Earnings Yield | -10.02% |
| FCF Yield | 81.71% |
Analyst Forecast
| Price Target | n/a |
| Price Target Difference | n/a |
| Analyst Consensus | n/a |
| Analyst Count | n/a |
| Revenue Growth Forecast (5Y) | n/a |
| EPS Growth Forecast (5Y) | n/a |
Stock Splits
The last stock split was on September 29, 2023. It was a reverse split with a ratio of 1:12.
| Last Split Date | Sep 29, 2023 |
| Split Type | Reverse |
| Split Ratio | 1:12 |
Scores
Top Ships has an Altman Z-Score of -0.3 and a Piotroski F-Score of 6. A Z-score under 3 suggests an increased risk of bankruptcy.
| Altman Z-Score | -0.3 |
| Piotroski F-Score | 6 |