Top Ships (TOPS) Equity Ratio (2009 - 2025)

Top Ships has disclosed Equity Ratio across 17 years of filings, most recently posting 0.27 for Q4 2025.

• Equity Ratio for Q4 2025 came in at 0.27, down 21.74% year-over-year; the trailing twelve-month figure through Dec 2025 was 0.27 (down 21.74% YoY), and the FY2025 annual result was 0.27, down 21.74% from the prior year.
• Equity Ratio came in at 0.27 for Q4 2025 at Top Ships, down from 0.3 in the prior quarter.
• Over the last five years, Equity Ratio for TOPS reached as high as 0.34 in Q4 2024 and fell as low as 0.19 in Q2 2022.
• Median Equity Ratio over the past 5 years was 0.28 (2021), compared with a mean of 0.28.
• Year-over-year, Equity Ratio tumbled 31.58% in 2021 and soared 50.99% in 2023.
• Over 5 years, Equity Ratio stood at 0.28 in 2021, then declined by 16.33% to 0.24 in 2022, then increased by 28.8% to 0.3 in 2023, then advanced by 12.47% to 0.34 in 2024, then decreased by 21.74% to 0.27 in 2025.
• Per Business Quant, the three latest TOPS Equity Ratio figures stand at 0.27 (Q4 2025), 0.3 (Q2 2025), and 0.34 (Q4 2024).