Top Ships (TOPS) Beginning Cash Balance (2009 - 2025)
Top Ships (TOPS) posted Beginning Cash Balance of $11.6 million for Q2 2025, down 70.9% on a QoQ basis from $40.0 million in Q2 2024, and down 70.9% year-over-year from $40.0 million in Q2 2024.
Analysis
Top Ships (TOPS) Beginning Cash Balance (2009 - 2025) Analysis & Trends
Top Ships has reported Beginning Cash Balance for 5 years, with the latest figure at $11.6 million in Q2 2025.
- On a quarterly basis, Beginning Cash Balance fell 70.9% year-over-year to $11.6 million in Q2 2025; TTM through Jun 2025 was $11.6 million, a 70.9% decrease from a year earlier, with the FY2016 full-year figure at $2.7 million, changed N/A from the prior year.
- Beginning Cash Balance was $11.6 million for Q2 2025 at Top Ships, down from $40.0 million in the prior quarter.
- The five-year high for Beginning Cash Balance was $40.0 million in Q2 2024, with the low at $11.6 million in Q2 2025.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) |
|---|---|---|---|---|
| 1 | Frontline | 10.27 Bn | 9.94 Bn | - |
| 2 | Kirby | 7.43 Bn | 7.39 Bn | 290.80 Mn |
| 3 | Matson | 6.74 Bn | 6.62 Bn | - |
| 4 | International Seaways | 5.17 Bn | 5.17 Bn | 467.16 Mn |
| 5 | Hafnia | 4.59 Bn | 4.31 Bn | 372.91 Mn |
| 6 | Cmb.Tech | 4.47 Bn | 4.31 Bn | 970.62 Mn |
| 7 | Scorpio Tankers | 4.26 Bn | 2.42 Bn | 343.91 Mn |
| 8 | Star Bulk Carriers | 3.68 Bn | 3.11 Bn | 299.80 Mn |
| 9 | Torm | 3.56 Bn | -626.52 Mn | 652.00 Mn |
| 10 | Top Ships | 1.31 Mn | 1.31 Mn | - |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2025 | 11.63 Mn |
| Jun 30, 2024 | 39.96 Mn |
| Dec 31, 2016 | 2.67 Mn |
| Sep 30, 2014 | 9.71 Mn |
| Jun 30, 2014 | 9.71 Mn |
| Sep 30, 2009 | 46.24 Mn |
| Mar 31, 2009 | 46.24 Mn |