Top Ships (TOPS) Interest Coverage Ratio (2009 - 2022)
Top Ships (TOPS) posted quarterly Interest Coverage Ratio of 2270.73 for Q4 2022, down 7.36% year-on-year from 2451.17 in Q4 2021, and down 7.36% on a QoQ basis from 2115.03 in Q4 2021.
Top Ships (TOPS) Interest Coverage Ratio (2009 - 2022) Analysis & Trends
Top Ships (TOPS) has reported Interest Coverage Ratio for 10 consecutive years, with 2270.73 the latest figure, recorded in Q4 2022.
- Quarterly Interest Coverage Ratio fell 7.36% year-over-year to 2270.73 in Q4 2022, while the trailing twelve-month figure through Dec 2022 was 1171.13 (down 222239330.91% YoY) and the FY2025 annual result came in at 1.12, down 5.46% from the prior year.
- Interest Coverage Ratio fell to 2270.73 in Q4 2022 per TOPS's latest filing, from 2115.03 in the prior quarter.
- Over the last five years, Interest Coverage Ratio for TOPS reached as high as 85.66 in Q4 2020 and fell as low as 2270.73 in Q4 2022.
- A 4-year average of 1075.03 and a median of 1057.52 in 2019 frame the typical range for Interest Coverage Ratio.
- Annual changes were most pronounced in 2020 — Interest Coverage Ratio jumped 39339463.73% — and 2021, when it slumped 2569.23%.
- Year by year, Interest Coverage Ratio stood at 0.0 in 2019, then soared by 39339463.73% to 85.66 in 2020, then sank by 2569.23% to 2115.03 in 2021, then dropped by 7.36% to 2270.73 in 2022.
- According to Business Quant data, Interest Coverage Ratio over the past three periods registered 2270.73, 2115.03, and 85.66 for Q4 2022, Q4 2021, and Q4 2020 respectively.
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Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Interest Cover (Qtr) |
|---|---|---|---|---|---|
| 1 | DHT Holdings | 2,706.13 Bn | 2,706.00 Bn | 167.16 Mn | 29.67 |
| 2 | Flex LNG | 1,674.16 Bn | 1,673.77 Bn | 61.79 Mn | -4.16 |
| 3 | Kinder Morgan | 112.74 Bn | 113.82 Bn | 3.07 Bn | 5.26 |
| 4 | Enbridge | 89.82 Bn | 89.03 Bn | 6.70 Bn | 2.64 |
| 5 | Enterprise Products Partners | 83.97 Bn | 82.82 Bn | - | 2.88 |
| 6 | Tc Energy | 72.76 Bn | 73.95 Bn | 1.36 Bn | 0.70 |
| 7 | Energy Transfer | 70.27 Bn | 69.30 Bn | 6.62 Bn | 3.15 |
| 8 | Targa Resources | 61.30 Bn | 61.34 Bn | 1.70 Bn | 2.21 |
| 9 | Oneok | 61.15 Bn | 61.02 Bn | 8.98 Bn | 3.25 |
| 10 | Top Ships | 4.15 Mn | 4.15 Mn | - | - |
Historic Data
Download Data| Date | Value |
|---|---|
| Dec 31, 2022 | -2,270.73 |
| Dec 31, 2021 | -2,115.03 |
| Dec 31, 2020 | 85.66 |
| Dec 31, 2019 | 0.00 |
| Dec 31, 2015 | 10.31 |
| Dec 31, 2014 | 0.03 |
| Sep 30, 2014 | -0.21 |
| Jun 30, 2014 | 1.04 |
| Mar 31, 2014 | 0.27 |
| Dec 31, 2013 | -0.23 |
| Sep 30, 2013 | -3.33 |
| Jun 30, 2013 | -1.74 |
| Mar 31, 2013 | 2.44 |
| Jun 30, 2011 | 20.57 |
| Mar 31, 2011 | -3.78 |
| Dec 31, 2010 | -1.37 |
| Sep 30, 2010 | 0.00 |
| Jun 30, 2010 | -1.17 |
| Mar 31, 2010 | -4.69 |
| Dec 31, 2009 | 7.32 |