Top Ships (TOPS) Interest Coverage Ratio (2009 - 2022)
Top Ships (TOPS) recorded quarterly Interest Coverage Ratio of 2270.73 in Q4 2022, down 7.36% quarter-over-quarter from 2115.03 in Q4 2021, and down 7.36% on a YoY basis from 2451.17 in Q4 2021.
Top Ships (TOPS) Interest Coverage Ratio (2009 - 2022) Analysis & Trends
Top Ships' Interest Coverage Ratio history runs 9 years deep, the most recent figure standing at 2270.73 for Q4 2022.
- In Q4 2022, Interest Coverage Ratio fell 7.36% year-over-year to 2270.73; the TTM figure through Dec 2022 stood at 2319.95 (down 580.79% YoY), while the FY2025 annual figure was 1.12, down 5.46% from the prior year.
- Interest Coverage Ratio was 2270.73 for Q4 2022 at Top Ships, down from 2115.03 in the prior quarter.
- In the past five years, Interest Coverage Ratio ranged from a high of 85.66 in Q4 2020 to a low of 2270.73 in Q4 2022.
- Historically, Interest Coverage Ratio has averaged 1433.37 across 3 years, with a median of 2115.03 in 2021.
- The sharpest annual moves came in 2021 and 2022: Interest Coverage Ratio tumbled 2569.23% in 2021, then declined 7.36% in 2022.
- A 3-year view of Interest Coverage Ratio shows it stood at 85.66 in 2020, then sank by 2569.23% to 2115.03 in 2021, then decreased by 7.36% to 2270.73 in 2022.
- The last three Interest Coverage Ratio figures came in at 2270.73 (Q4 2022), 2115.03 (Q4 2021), and 85.66 (Q4 2020), per Business Quant data.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Interest Cover (Qtr) |
|---|---|---|---|---|---|
| 1 | Enbridge | 88.33 Bn | 89.03 Bn | 6.70 Bn | 2.64 |
| 2 | Enterprise Products Partners | 80.83 Bn | 79.68 Bn | - | 4.92 |
| 3 | Kinder Morgan | 69.66 Bn | 70.75 Bn | 3.08 Bn | - |
| 4 | Energy Transfer | 65.60 Bn | 64.88 Bn | 6.62 Bn | 3.15 |
| 5 | Scorpio Tankers | 59.17 Bn | 58.19 Bn | - | -17.95 |
| 6 | Mplx | 57.43 Bn | 55.92 Bn | 2.54 Bn | 4.17 |
| 7 | Targa Resources | 56.68 Bn | 56.71 Bn | 1.70 Bn | - |
| 8 | Oneok | 55.34 Bn | 55.21 Bn | 2.57 Bn | 3.25 |
| 9 | Tc Energy | 50.79 Bn | 51.99 Bn | 2.95 Bn | 3.25 |
| 10 | Top Ships | 4.27 Mn | -16.11 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, 2015 | 10.31 |
| Dec 31, 2014 | -1.15 |
| Sep 30, 2014 | -16,460.91 |
| Jun 30, 2014 | -4.49 |
| Mar 31, 2014 | -1.50 |
| Dec 31, 2013 | -0.21 |
| Sep 30, 2013 | -2.06 |
| Jun 30, 2013 | -1.74 |
| Mar 31, 2013 | -2.44 |
| Jun 30, 2011 | 20.57 |
| Mar 31, 2011 | -0.33 |
| Dec 31, 2010 | -1.37 |
| Sep 30, 2010 | 0.00 |
| Jun 30, 2010 | -1.17 |
| Mar 31, 2010 | -1.72 |
| Dec 31, 2009 | 7.32 |
| Sep 30, 2009 | 0.00 |