Top Ships Statistics
Total Valuation
Top Ships has a market cap or net worth of $3.56 million. The enterprise value is $253.09 million.
| Market Cap | 3.56M |
| Enterprise Value | 253.09M |
Important Dates
The last earnings date was Wednesday, September 16, 2026, before market open.
| Earnings Date | Sep 16, 2026 |
| Ex-Dividend Date | n/a |
Share Statistics
Top Ships has 7.61 million shares outstanding. The number of shares has increased by 11.70% in one year.
| Current Share Class | 7.61M |
| Shares Outstanding | 7.61M |
| Shares Change (YoY) | +11.70% |
| Shares Change (QoQ) | +131.57% |
| Owned by Insiders (%) | 44.28% |
| Owned by Institutions (%) | 3.45% |
| Float | 4.24M |
Valuation Ratios
| PE Ratio | n/a |
| Forward PE | n/a |
| PS Ratio | 0.06 |
| Forward PS | n/a |
| PB Ratio | 0.05 |
| P/TBV Ratio | 0.05 |
| P/FCF Ratio | n/a |
| P/OCF Ratio | 0.20 |
| PEG Ratio | n/a |
Enterprise Valuation
| EV / Earnings | n/a |
| EV / Sales | 4.08 |
| EV / EBITDA | 8.41 |
| EV / EBIT | 12.88 |
| EV / FCF | n/a |
Financial Position
The company has a current ratio of 0.48, with a Debt / Equity ratio of 2.81.
| Current Ratio | 0.48 |
| Quick Ratio | 0.43 |
| Debt / Equity | 2.81 |
| Debt / EBITDA | 8.67 |
| Debt / FCF | n/a |
| Interest Coverage | 1.20 |
Financial Efficiency
Return on equity (ROE) is 1.83% and return on invested capital (ROIC) is 3.28%.
| Return on Equity (ROE) | 1.83% |
| Return on Assets (ROA) | 3.07% |
| Return on Invested Capital (ROIC) | 3.28% |
| Return on Capital Employed (ROCE) | 5.73% |
| Weighted Average Cost of Capital (WACC) | 5.10% |
| Revenue Per Employee | $62.08M |
| Profits Per Employee | -$622,000 |
| Employee Count | 1 |
| Asset Turnover | 0.16 |
| Inventory Turnover | 26.98 |
Taxes
| Income Tax | n/a |
| Effective Tax Rate | n/a |
Stock Price Statistics
The stock price has decreased by -92.01% in the last 52 weeks. The beta is 2.25, so Top Ships's price volatility has been higher than the market average.
| Beta (5Y) | 2.25 |
| 52-Week Price Change | -92.01% |
| 50-Day Moving Average | 0.71 |
| 200-Day Moving Average | 2.28 |
| Relative Strength Index (RSI) | 26.42 |
| Average Volume (20 Days) | 7,044,501 |
Short Selling Information
The latest short interest is 90,082, so 6.78% of the outstanding shares have been sold short.
| Short Interest | 90,082 |
| Short Previous Month | 100,256 |
| Short % of Shares Out | 6.78% |
| Short % of Float | n/a |
| Short Ratio (days to cover) | 3.27 |
Income Statement
In the last 12 months, Top Ships had revenue of $62.08 million and -$622,000 in losses. Loss per share was -$0.12.
| Revenue | 62.08M |
| Gross Profit | 40.44M |
| Operating Income | 19.66M |
| Pretax Income | 2.01M |
| Net Income | -622,000 |
| EBITDA | 30.11M |
| EBIT | 19.66M |
| Loss Per Share | -$0.12 |
Balance Sheet
The company has $11.45 million in cash and $260.97 million in debt, with a net cash position of -$249.53 million or -$32.77 per share.
| Cash & Cash Equivalents | 11.45M |
| Total Debt | 260.97M |
| Net Cash | -249.53M |
| Net Cash Per Share | -$32.77 |
| Equity (Book Value) | 92.78M |
| Book Value Per Share | 10.07 |
| Working Capital | -15.95M |
Cash Flow
In the last 12 months, operating cash flow was $18.26 million and capital expenditures -$92.02 million, giving a free cash flow of -$73.76 million.
| Operating Cash Flow | 18.26M |
| Capital Expenditures | -92.02M |
| Depreciation & Amortization | 10.45M |
| Net Borrowing | 64.87M |
| Free Cash Flow | -73.76M |
| FCF Per Share | -$9.69 |
Margins
Gross margin is 65.15%, with operating and profit margins of 31.66% and 3.23%.
| Gross Margin | 65.15% |
| Operating Margin | 31.66% |
| Pretax Margin | 3.23% |
| Profit Margin | 3.23% |
| EBITDA Margin | 48.50% |
| EBIT Margin | 31.66% |
| FCF Margin | n/a |
Dividends & Yields
This stock pays an annual dividend of $0.84, which amounts to a dividend yield of 179.53%.
| Dividend Per Share | $0.84 |
| Dividend Yield | 179.53% |
| Dividend Growth (YoY) | n/a |
| Years of Dividend Growth | n/a |
| Payout Ratio | n/a |
| FCF Payout Ratio | n/a |
| Buyback Yield | -11.70% |
| Shareholder Yield | 167.82% |
| Earnings Yield | -17.46% |
| FCF Yield | -2,070.46% |
Analyst Forecast
| Price Target | n/a |
| Price Target Difference | n/a |
| Analyst Consensus | n/a |
| Analyst Count | n/a |
| Revenue Growth Forecast (3Y) | n/a |
| EPS Growth Forecast (3Y) | n/a |
Fair Value
There are several formulas that can be used to estimate the intrinsic value of a stock.
| Lynch Fair Value | n/a |
| Lynch Upside | n/a |
| Graham Number | n/a |
| Graham Upside | 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 -0.91 and a Piotroski F-Score of 6. A Z-score under 3 suggests an increased risk of bankruptcy.
| Altman Z-Score | -0.91 |
| Piotroski F-Score | 6 |